Horse racing is a highly popular sport in Australia, and sports betting on horse racing makes a sizeable annual contribution to the country’s economy. There are two forms of thoroughbred horse racing in Australia – flat racing and obstacle racing (jumping over fences and hurdles).
Thoroughbred horse racing being the third most popular spectator sport in the country, it comes as no surprise that Australia has more racecourses than any other nation in the world.
Besides the general weekly events – numbering in the thousands annually – Australia is home to a number of top racing events and the top horse racing betting sites.
The Melbourne Cup
Australia’s Melbourne Cup is the Le Mans of the horse racing world. The race takes place on the Flemington Racecourse in Melbourne, and horses 3 years old and over may compete. The course spans 3,200 metres, and takes place annually on the first Tuesday during the month of November. The Melbourne Cup is an all-time favourite amongst sports bettors, and has achieved the status of Single Biggest Betting Event in New Zealand – hence its popular nick-name, the race that stops two nations.
Victoria Derby is another sports betting favourite and one of the most popular races of the top 10 horse racing events in AU. Victory Derby is also hosted by Flemington Racecourse in Melbourne. The Victoria Derby is considered to be the ultimate test for three year old competitors, and spans 2,500 metres. Favourite betting types include Win, Place and Each Way Bets.
Also known as the Crown Oaks, the VRC Oaks is run on the third day of the VRC Spring Carnival, with a total prize money kitty of 1 million Australian Dollars. Betting types of choice include barrier draw, jockeys, weights and scratchings. Home to the race is once again Flemington Racecourse – a course adored for its sweeping turns and clear final stretch that is homeward bound.
The Golden Slipper Stakes
The Golden Slipper Stakes is run over 1,200 metres and takes place at Rosehill Gardens Racecourse in Sydney. The Golden Slipper Stakes is a race for two year old thoroughbred horses. Bet types include Top Chances, Weights, Scratchings, Order of Entry and Barrier Draw.
The Caulfield Cup
As the name suggests, the Caulfield Cup is hosted by the Caulfield Racecourse in Melbourne. The race takes place in mid October. Performances achieved in the Caulfield Cup may be used as a method of qualifying for the Melbourne Cup. The top tip regarding which horse to bet on during the Caulfield Cup, is to look at horses coming out of the Turnbull Stakes race. The Turnbull Stakes is notorious for producing Caulfield Cup winners.
The W S Cox Plate
The unusual name of the race is due to the fact that the race was named after the racing club’s founder, namely W.S. Cox. The W S Cox Plate is a highly anticipated annual event amongst sports bettors. The race holds a prime position on the annual horse racing calendar, allowing bookmakers and bettors to follow a large selection of lead-up races before considering which bets to place.
Other races included on the list of the top 10 horse racing events in AU include the Queen Elizabeth Stakes, the Turnbull Stakes, the Australia Stakes and the Zipping Classic.