1.
Introduction Check List
2.
How to Bet
3.
Types of Wagering
4.
10 Step Avoid & Pursue
Any person contemplating to undertake a journey into
Australian Horse Racing, must first understand and deploy some
really simple guidelines.
1. If you have family or friends who rely on you for financial
support, do not gamble
2. Only gamble what you can afford to lose
3. Never borrow money for the purposes of gambling
4. Never lend money to anyone for the purposes of gambling
5. Use only one bank for your wagering, keep t separate from
your daily living account
6. Maintan accurate & detailed records of every wager, so you
can analyse every wager
7. Maintain detailed & accurate profit/loss leger, so you know
exactly how much you win/lose at any time
8. Utilise a tried and successful approach
9. Utilise a solid, rational staking plan
10. Slowly, methodically build your bank, avoid trying to win
large amounts of money in one bet
11. Concentrate 100% on your punting when at the track or
wagering at home. Either punt or be social, avoid doing both
simultaneously.mixing the two.
As racing has evolved into the 21st century, many
new forms of wagering have become more
prevalent. In olden times, win betting was the king,
with place, quinellas, and doubles betting the only
options for punters.
Here we explain the different ways punters can
invest on Australian horse racing.
Win Bet
Obviously the horse must win to collect
Place Bet
Your selection must run in the first three to collect in
fields of 8 or more. In fields of 5-7, your horse must
place first or second, while in fields of 4 or less, there is
no place betting
Quinella
Select two horses to finish first & second in any order
Exacta
Select one horse to win, another to finish second to
collect
Trifecta
Select the first three horses in correct order to collect.
Punters can take “box” trifectas, which means you can
box 3, 4 or more horses to finish in any order to collect.
Box trifectas cost much more because there are far more
winning combinations
First Four
Select the frst four horses in a race in correct order to
collect. Again, punters can box as many horses as they
wish to collect if the selections finish in any oreder,
however the costs will rise as the combinations rise.
Treble
Select the winners of three niminated races.
Quadrella
Punters must select the winners of four specifically
nominated races to collect. For an outlay of $1,
punters may select one horse n each race, or leg, of
the quaddie. Investments will rise if more than one
selection is made in any of the four races, as
combinations will increase.
Race To Race Double
Punters need to select the winners of two
successive races on one program
Big 6
Select the winners of 6 nominated races
Parlay
Punters select the winners of multiple races of their
own choice
Trio
Select the first 3 place getters of a race in any
order
All Up Multi
Punters select two or more winners in any events
for any bet type to win
There are three legal ways to wager on Australian horse racing. Go
to a registered racecourse, attend a venue with a TAB or bet at
home using your computer.
At the track, punters are given options to bet with a bookmaker or
investing with the Totalisator.
Bookies offer fixed odds betting on every race. These odds will
fluctuate during betting according to the amount of money bookies
take on each individual runner. Odds are offered in decimal units,
eg $3.00, so if the horse wins you receive $3 for every dollar
invested. Bookies give punters a ticket or receipt for ever
wager,giving details of the bet including race number, horse namd
and number, amount invested, and return should the runner win.
Tickets should be checked to ensure all details are correct.
A Totalisator (or “Tote”) is a pari mutuel system where all monies
invested go into a pool, when the race is resulted, the pool is
divided up between the winners after the hosts take out a
commission.
Totalisators offer many different wagering options these days,
check out “Types of Wagering” for more details.
When at home, punters are able to open accounts via the inter net
with the TAB (or Tote) or around 70 corporate bookmakers who
operate online web sites that allow punters to place investments
with a few clicks of the mouse. It is literally as simple as opening
an account with one of these organisations, depositing funds into
your account, then you can start placing bets.
Check out this link for more information.
Please be advised punters should take extreme caution when
betting online until all facets of the gambling web sites become
familiar, It is very easy to make a mistake, and it is rare refunds are
offered for mistakes. Please take your time, check tickets before
confirming bets.
TYPES OF
WAGERING
10 STEP
AVOID & SELECT
HOW TO BET
INTRODUCTION
CHECK LIST
START YOUR JOURNEY
PUNTING STRATEGIES