Betting On The Races – A Guide To Bookmakers

November 18, 2009

Betting On The Races – A Guide To Bookmakers

Although most Australian punters recognise the TAB as having biggest betting market in the racing industry, online bookmakers are quickly increasing their popularity by offering better odds, more betting markets and superior customer service.

Selecting the right bookmaker can be a lengthy process as there are several factors which punters must consider before signing up.

While their popularity in the racing industry is an important factor, their treatment of customers’ money is the real determining factor.

Generally, after a punter has placed a bet on a race, they should only have to wait a maximum of 4-5 days to collect their winnings after they have requested a withdrawal from their account.

Bookmakers which take several weeks to give punters their money are likely to be either careless or unable to payout all of their customers, which raises questions regarding their financial situation.

Reputable bookmakers will never charge customers withdrawal, credit card or account keeping fees and will also refund customers their wagers if their selected horse is scratched.

The security of the bookmaker’s website is also vital and programs such as Verisign Secure will almost ensure that all your personal information and account details are safe.

The final most important aspect of online bookmakers would definitely be the odds that they offer on various betting markets.

Websites such as way2bet.com.au or bettingshop.com.au will show punters the odds from several online bookmakers on the same event and consequently punters can find the best odds to suit them.

Once a punter has evaluated all of the above criteria, their next step is to sign up with a bookmaker.

To prove a customer’s identity, bookmakers will generally ask for three pieces of ID which add up to 100 points.

Furthermore, if they choose to deposit money into their account via credit card, punters will need to verify their credit card ID.

Once a punter has done all of the above, their next step is to start examining the different betting types available to them and start wagering on some horse races!

Racing fields and data are copyright 2011-2018 © Racing Australia Pty Ltd (RA) (and other parties working with it).
Racing materials, including fields, form and results, is subject to copyright which is owned by RA and other parties working with it. Full copyright notice.

Spring Racing

Rogerson Dreams of 2018 Melbou...

The Everest 2018 Field to Feat...

The Everest 2018 Field to Feature Redzel

Inaugural champion Redzel has officially secured his position in the 2018 The...

2018 The Everest Field Takes S...

2018 The Everest Field Takes Shape: In Her Time Confirmed

She missed out on a shot at the world’s richest race on turf last spring but...

Trapeze Artist Secures 2018 Th...

Trapeze Artist Secures 2018 The Everest Slot for Aquis

The first official slot in The Everest 2018 field has been confirmed with...

El Dorado Dreaming of 2018 VRC...

El Dorado Dreaming of 2018 VRC Oaks Bid

Ben Smith’s ATC Sires’ Produce Stakes winning filly El Dorado Dreaming is in...

Horse Racing Today

BRC Sires’ Produce Stake...

Waller contemplating blinkers ...

Waller contemplating blinkers for 2018 Queensland Oaks favourite Youngstar

Trainer Chris Waller will decide before final acceptance time on Wednesday...

Waller to have multiple runner...

Waller to have multiple runners in 2018 Queensland Oaks

Recently inducted Hall Of Fame trainer Chris Waller is likely to have multiple...

McDonald to team up with Care ...

McDonald to team up with Care To Think in the 2018 Kingsford-Smith Cup

James McDonald will be hoping for a quick return to the Group 1 winner’s stall...

2018 Doomben Cup winner Comin&...

2018 Doomben Cup winner Comin’ Through beats stablemate Egg Tart

The Chris Waller trained Comin’ Through claimed his first Group 1 victory when...

Race Results

Viewed Victorious in Caulfield Cup

Race 1 Result – $101 500 AGL Renewable Energy Stakes – She’s Got Gears Wins

Race 2 – $101,500 Schiavello Plate – Avienus Wins

Race 3 – $101 500 Lavazza A Modo Mio – Linton Street Wins

Race 4 Results – $151,500 Listed Herald Sun Stakes – Strawberry Field Wins

Race Previews

2009 Caulfield Cup Barrier Draw Announced

Who Are the Top Contenders for Tomorrow’s Caulfield Cup?

Victoria Derby in sight for Onemorenomore

2009 Melbourne Cup Field

Eclipse Stakes Final Field & Preview

Fields & Form

Can Kelinni Win Sydney Cup 2013 for the Punters?

Moroney Gets into Queensland Derby 2013 Rhythm

Buffering Draws 7 – 2013 BTC Cup Final Field and Barrier Draw

SA Fillies Classic 2013 Field Released

13 two-year-olds in 2013 Champagne Classic Field