From the first formal race in 1820, horse racing has come a long way from where it was years ago. Not only were rules established and the sport developed, but betting has also paved its way in the race. Now, it continues to grow in popularity as participants engage in the course to watch and enjoy its unique experience — with the hope and trust of backing a winning thoroughbred.
If you’re one of the rookie betters of this sport, you may want to know the betting how-to before engaging in the act per se. Here you can start to build your knowledge and understanding of horse race betting.
Before delving into the world of horse race betting, you first need to familiarize yourself with these primary races that occur within Australia. Although there are more than a thousand races to choose from, the major races (W.X. Cox Plate, Melbourne Cup, and Victoria Derby) are more competitive, which means the stakes are even higher.
W.X. Cox Plate
This championship is most famous for its weight-for-age conditions in racing. Here you can expect horses to carry a set weight according to the Weight for Age scale. Likewise, the W.X. Cox Plate is open to any thoroughbred type, and the field is leveled down to 14 horses only – each vying for the win.
If you’re interested in betting in this race, you could always check out the latest updates on TopSport if you want. Here you can quickly begin your wagering journey on different racing events with a click of a button!
Famous for having the largest attendance, the Melbourne Cup is held every November every year. Here, the first ten winners receive a portion of $6.2 million, and the winner gains not only the title but also leaves with $3.6 million.
Since 1855, the Victoria Derby has long since opened the gates for the VRC Spring Carnival. Although this race is the oldest in the world, it continues to bring excitement and surprises – even more so with a prize of $1.5 million.