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Horse Racing Bonus Bets, Promotions & Offers

Take a look over the current promotions offered by our preferred bookies. Remember to check back daily to see any new offers and promotions!

AUS/NZ/HK THOROUGHBRED MEGA MULTI

Place a Fixed Win/Place Multi across Australian, New Zealand, or Hong Kong Thoroughbred racing this week and if your multi fails by the selected number of legs, get up to $50 back in Bonus Cash. Offer also available on racing multis that include a SRM as a single leg. Available once daily. Applies to first resulted 3+ leg multi with selected losing leg(s).
T&Cs apply. These are available on Rules, Terms & Conditions page and Promotions page.

RACE 3 BONUS BACK

Enter the Bonus Code of BONUS100 on the Bonus Bets/Offers page, back a runner in race 3 at either Launceston (G), Shepparton (H), Richmond (G), Penrith (H), Goulburn (G), Wentworth Park (G) or Canberra (T) on their specified day and if it runs 2nd or 3rd, get up to $100 back in Bonus Cash. Fixed Win bets only. One attempt per week.
T&Cs apply. These are available on Rules, Terms & Conditions page and Promotions page.

RACE 5 BONUS BACK

Enter the Bonus Code of DOUBLE100 on the Bonus Bets/Offers page, back a runner in race 5 at either Launceston (G), Shepparton (H), Richmond (G), Penrith (H), Goulburn (G), Wentworth Park (G) or Canberra (T) on their specified day and if your selection wins, we'll double your winnings up to $100 in Bonus Cash. Fixed Win bets only. One attempt per week.
T&Cs apply. These are available on Rules, Terms & Conditions page and Promotions page.

VIC Jockey of the Month

Check out the betting market for the NEW Ladbrokes Victorian Jockey of the Month competition. 
T&Cs apply. These are available on Rules, Terms & Conditions page and Promotions page.

Quaddie Cover

Place a Quaddie on any Aussie thoroughbred meeting, activate QUADDIE COVER in your betslip and if one leg fails, get up to $50 back in Bonus Cash. Find it in your betslip or Punters Toolbox. Available only on selected days, and on Australian race meets only.
General betting rules apply. See the Rules, Terms & Conditions page.

Ladbrokes Owners Program

Register your Australian racehorse with Ladbrokes now! Once registration is confirmed, place your First Fixed Win Bet on your runner after 8am AEST on race day & if it runs 2nd or 3rd get up to $2k back in Bonuses! First single Fixed Win bet placed on runner after 8am AEST on raceday only. Registration must be confirmed before betting.
Ladbrokes’ terms and conditions also apply to this offer.

Horse racing bonus bets crank up the excitement and give you more value. If you’re eligible, these promos can stretch your betting power and make things a bit more interesting.

You’ll see a few main types: matched deposits, boosted odds and bet back offers to name a few. Each one works a little differently, but the goal’s the same—they might give you a shot at bigger returns. 

If you know how to use these offers, you can make every bonus count. 

What Are Horse Racing Bonus Bets?

In short, horse racing bonus bets are special promos from betting sites that let you place extra bets, sometimes without using your own cash. They’re designed to make the whole experience fun and potentially more rewarding. 

Here’s what you’ll usually find: 

  • Matched Deposit Bonuses: The site matches your deposit with bonus cash.   
  • Enhanced Odds: Better odds than usual on certain races.   
  • Bet Back Offers: Get your stake back if things don’t go your way. 

Always check the fine print. Some promos need a minimum deposit or a certain type of bet. In Australia, these offers are only for people who already have accounts prior to the start of the offer, thanks to national regulations.  Also, bonus cash is a product and is not actual cash you can withdraw.  

Types of Horse Betting Promotions

Different promos fit different styles, so knowing what’s out there helps you find the best deal for you. 

Some of the most popular:

  • Matched Deposit Bonuses: Money matched to what you deposit.   
  • Enhanced Odds: Higher payouts on select races.   
  • Bet Back Offers: Your stake comes back if your bet loses. 

You’ll see more promos during big events, like the Melbourne Cup or other major races. It pays to shop around and compare offers if you want the best value. 

Matched Deposit Bonuses 

Matched deposit bonuses boost your bankroll by matching what you put in. Drop $100, get another $100 as a bonus. Pretty simple. 

But there are usually limits and rules—make sure you know what you have to do to actually withdraw your winnings. These bonuses are tightly regulated, so you’ll only see them after you’ve logged in. 

Enhanced Odds and Odds Boosts 

Enhanced odds mean you get better returns if your pick comes through. Bookies usually roll these out for big-name races or well-known horses. 

They don’t last long—often just before major race days—so keep an eye out if you want in. 

Bet Back Offers 

Bet back offers take some of the sting out of losing. If you lose, you get bonus bets back.   

Each bookie does this a bit differently. Usually, the refund comes as bonus credit, not cash. 

How to Find the Best Horse Racing Bonus Bets 

Finding solid promos is all about timing and comparison. 

Here’s how to go about it:

  • Check out a few trusted betting sites. 
  • Look at their promo sections.
  • Compare what they’re offering—whatever catches your eye. 
  • Watch for special deals around big race days. 
  • Read reviews or hit the forums for honest feedback. 

Promos can change depending on where you live, so double-check you’re eligible before betting. Match the promos to your strategy to get the most out of them.  Also keep in mind that some offers are only available to customers who have signed up prior to the start of the offer.  

Understanding Terms and Conditions 

Every bonus comes with rules. Ignore them and you’ll be frustrated later. 

Make sure you know: 

  • Wagering requirements—how much you must bet before you can cash out.   
  • Minimum deposit needed.   
  • Expiry dates—bonuses don’t last forever. 

If you know the rules, you won’t get tripped up when you try to withdraw your winnings. 

Strategies to Maximise Your Bonus Bets 

Want to get the most from your racing bonus bets? Have a plan. 

Try these ideas: 

  • Use enhanced odds when the payouts make sense. 
  • Spread your bets out instead of putting everything on one race. 
  • Stack bonuses on top of your usual approach. 
  • Use accumulator bonuses across multiple races. 

A little planning goes a long way. Bonuses are great, but they’re not magic—use them wisely. 

Common Mistakes to Avoid 

Avoiding simple mistakes saves you money and headaches. 

Watch out for: 

  • Skipping the wagering requirements. 
  • Letting bonuses expire. 
  • Missing minimum deposit rules. 
  • Chasing losses or betting on impulse. 

Always read the fine print and compare offers before jumping in. It only takes a minute and can save you a lot of trouble. 

Responsible Gambling with Bonus Bets 

Keep it fun and don’t let it get out of hand. Bonus bets should make things more exciting, not stressful. 

Stick to these habits: 

  • Set a budget and follow it. 
  • Take breaks to stay sharp. 
  • Reach out for help if gambling stops being fun. 

Australian law requires these reminders for a reason. If you ever need support, places like BetStop are there for you. 

Frequently Asked Questions 

What do I usually need to get a bonus bet? 

Most of the time, you’ll need to make a minimum deposit and sometimes place a specific type of bet. Always read the terms and conditions—they matter.

What do I usually need to get a bonus bet? 

Most of the time, you’ll need to make a minimum deposit and sometimes place a specific type of bet. Always read the terms and conditions—they matter. 

Can I withdraw winnings from bonus bets? 

You need to meet the wagering requirements first. 

Do bonus bets expire? 

Yes. Every promo has its own expiry date—usually somewhere between a week and a month. 

Can I use bonus bets on any race? 

Not always. Some bonus bets are tied to specific races, especially the big ones. 

Make the Most of Horse Racing Bonus Bets 

Horse racing bonus bets can really spice up your game and maybe even your returns. Pick your offers wisely, check the terms, and don’t forget to bet responsibly. If you use promos the right way and stick to the rules, they may fit right into a solid betting plan. 

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