The British conquered much of the world during the 1800s, and many of their colonies that became independent inherited a part of Britain and made it their own. The Indians took a great liking to cricket, the South Africans love their rugby, and the Australians adopted the tradition of horse racing. Today, horse racing is one of the most popular sporting series in the entire country, and also the most bet on by Australian punters.
There are a number of specific events that have gained the most popularity over the years, and these are the events that have generated billions of dollars in betting alone. Not only are they famous as betting spots, but also as some of the most prestigious horse racing events in Australia and even the world, and attract millions of fans, punters, and spectators from around Australia every year.
The Melbourne Spring Racing Carnival Betting
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There are few other horse racing events that match to the sheer splendour and popularity of the Spring Racing Carnival held in Melbourne year after year, and remains as one of the most enjoyed calendar events annually. This event is home to the sought-after Melbourne Cup, which, at a value of $6.2 million, is just about the most prestigious award you can win as a jockey. With over $30 million invested into each Melbourne Carnival, which features the Caulfield Cup, Crown Oaks, Emirates Stakes, and Melbourne Cup, this is the event to be if you’re a punter. The Melbourne Carnival is estimated to have produced billions from punters since it was first started.
Sydney Spring Racing Carnival
Second only to the Melbourne Carnival is the Sydney Spring Racing Carnival that is held outside of Sydney every year in Rosehill Gardens and Royal Randwick. The event is host to the Group 1 Epsom Handicap, the Spring Champion Stakes, and The Metropolitan. The Golden Rose event holds the biggest prize pool at over $1 million, and is one of the biggest betting races of the year. National and international bookmakers, such as Sportsbet and Crownbet, cover the Sydney Carnival.
Brisbane Winter Racing Carnival
Unlike the first two, this specific event is held during winter and features one of the most popular betting events in Australia, the Stradbroke Handicap, with an ultimate prize of $1.5 million. The Carnival is held in Queensland, in Doomben Racecourse, and at Eagle Farm Racecourse.
Magic Millions Carnival
Also held in Queensland, the Magic Millions event is hosted by the Gold Coast Turf Club, and takes place over a period of two weeks. The Gold Coast Racecourse is where the event is held, with the Magic Millions 2yo Classic being the biggest race during the carnival. Prize pools range up to $2 million, and like the other events, it is covered by most of the betting world’s biggest bookmakers.
Perth Summer Racing Carnival
This event takes place almost as soon as the Melbourne Carnival has come to an end, and is usually where punters will head to next. While not quite as big as its big brother in Melbourne, the Perth Summer Carnival nonetheless attracts thousands of punters every year, and offers the Railway Stakes and the prized Perth Cup.
Australia – A Horse Racing Capital
If you’re an Australian punter looking to get involved in horse race betting, then these events are some of the best to get started with, with each one offering a range of betting options and the potential of big winnings.