Horse Racing Betting Australia
How Topsport racing markets work across 3 racing codes and the Australian bet types you will see.
Visit Topsport →Topsport racing covers win, place, each-way and exotics such as quinella, exacta and trifecta across thoroughbred, harness and greyhound racing (3 codes), with both fixed-odds and tote pricing. The Melbourne Cup over 3,200 metres is the peak event. Wagering is available online until each race starts.
Racing markets with Topsport
- Topsport lists win, place and each-way markets plus 4 main exotics (quinella, exacta, trifecta, First 4) across thoroughbred, harness and greyhound racing.
- Fixed-odds prices lock in at bet time; tote (parimutuel) dividends are set at the jump about 30 seconds before the start.
- The Melbourne Cup, run over 3,200 metres each November since 1861, carries prize money of about 8 million dollars with a field of 24 runners.
- Each-way bets split the stake in 2 halves; place pays the first 3 finishers in fields of 8 or more, or the first 2 in fields of 5 to 7.
- The Everest at Randwick over 1,200 metres offers prize money of about 20 million dollars, one of the richest turf races in the world.
Racing bet types
| Bet | What it needs |
|---|---|
| Win | 1st place only |
| Each-way | Win and place, stake split in 2 |
| Quinella | 1st and 2nd in any order |
| Trifecta | 1st, 2nd and 3rd in exact order |
| First 4 | First 4 placings in exact order |
Frequently asked questions
What racing bet types are available?
Win, place, each-way and exotics like quinella, exacta and trifecta across three racing codes.
What is the difference between fixed odds and tote?
Fixed-odds prices lock in when you bet; tote (parimutuel) dividends are set at the jump when the pool closes.
Can I place a live wager once a race has started?
Online wagering on a race closes when it starts, so late bets are not accepted through the site. Under the Interactive Gambling Act 2001, in-play sports betting online is not permitted for Australian residents, and live wagers must be placed by phone. The Act is administered by ACMA, and Topsport operates under an offshore Curacao licence rather than an Australian one. Wagering is limited to those aged 18 and over. If betting stops being entertainment, Gambling Help Online is reachable on 1800 858 858, and the national BetStop self-exclusion register is also available.