Here are the major types of bets that you may want to try out on Australian horse races.

Win and Place

You can bet on a particular horse for securing any of the top 3 spots, or specifically the first spot (winner). In order to increase you chances of winning, you may bet some units for win and some units for place on a horse that you’re pretty confident about.

Daily Double

In Daily Double you must correctly bet on the winner of two consecutive races, and winning this bet is a bit tougher in comparison to “Win and Place”.

All Up

In All Up, the winning amount from the previous bet gets automatically carried over to the next bet. You may bet for all up place, all up win, or both at a time. However, even after winning the first bet, you may lose out on second and lose all the money. So, the winner takes it all, loser takes home nothing - as simple as that.

Trifecta

This is one of the toughest bets to win, as you need to bet on the first three runners, that too in the exact order.

However, it is permitted to combine 3 or more selections in one bet, in order to cover all combination\’s and increase your chances of winning.