Horse Racing Betting Guide Australia
How Australian horse racing markets work at BoomBet and the bet types you will see.
Visit BoomBet →BoomBet racing markets cover metropolitan and regional Australian meetings, often 15 or more on a Saturday, with win, place, each-way and exotics such as quinella and trifecta across fields of 12 to 24 runners. Place pays the first 3 in fields of 8 or more. Fixed odds lock at bet time; tote settles at the jump. This is general reference only.
Horse racing wagering with BoomBet
- Racing was BoomBet's core strength, covering metropolitan and regional Australian meetings plus selected international races, with more than 15 meetings on a typical Saturday.
- Markets include win, place and each-way, plus exotics such as quinella, exacta and trifecta, often across fields of 12 to 24 runners.
- Fixed-odds prices lock in at bet time; tote (parimutuel) dividends are set at the jump, and place pays the first 3 in fields of 8 or more, or the first 2 in smaller fields.
- Racing markets close at the start of each race; in-play wagering after the jump is not available online in Australia under the Interactive Gambling Act 2001.
Racing bet types
| Bet | What it needs | Typical places paid |
|---|---|---|
| Win | 1st place only | 1 |
| Each-way | Win and place combined | Up to 3 |
| Quinella | 1st and 2nd in any order | 2 |
| Trifecta | 1st, 2nd and 3rd in order | 3 |
Frequently asked questions
What racing bet types can I use?
Win, place and each-way, plus exotics such as quinella, exacta and trifecta on Australian and selected international meetings.
What is the difference between fixed odds and tote?
Fixed odds lock in the price when you bet; tote (parimutuel) dividends are only finalised at the start based on the pool.
Can I bet after the race starts?
No. Racing markets close at the jump, and in-play wagers are not available online in Australia.