Coming close to some of the country’s top-ranking professional sports is Australia’s growing thoroughbred horse racing. For many years, horse racing in Australia grew to become a leading source of entertainment for the increasing Aussie audience.
With more than 300 racecourses, Australia is ahead of other countries that host horse races. Given that fact, horse racing has come to stay and there’s no stopping it now. The diversification of sports in Australia will open doors to make big money by betting on your favourite horses to win the race.
In spite of everything, there are still lots of people who are not aware of the history and the nature of this great sporting event. To make headway with horse racing, you need to know and understand how, why, and when this sport came into existence.
Brief History of Horse Racing
The history of horse racing in the country dates back to the arrival of the first horse called, “Lady Penrhyn”, on January 26, 1788. According to researchers, the First Fleet contained a stallion, a filly, a yearling, and four manes. In the nineteenth century, a proliferation of horses took place in the country.
Horse racing soon became one of the most talked-about sporting activity in Australia. However, despite the increasing number of horses and the growing interest of the people in it, there was still more work to do to make it convenient and accessible for everyone.
As the sport became more popular, it also became more expensive. To make that worse, only a few horses were able to meet the needs of the target audience. But the show went on. Participants in the races came from different sectors of the economy who were passionate about the sport. They also shared relevant horse racing betting tips that will increase people’s chance of profiting from the sporting activity.
With high stakes in the Australian gambling market, horse racing continues to become an impressive source of entertainment and money today.
Rules of Horse Racing in Australia
The Australian horse racing industry is committed to the welfare of the horses on race, which is why they have created general guidelines.
- The welfare of the horses during the preparation and presentation should be a top priority. This primary consideration includes good horsemanship, training methods, shoeing, transports, and rest periods.
- The horses must be healthy and in a suitable condition before allowing them to compete. They should go through any of the following: trainings, veterinary examinations, and surgical procedures.
- The welfare of the horses must not be prejudiced by the conditions of racing, such as but not limited to racecourse conditions and accommodation, steeple chasing and hurdling, extreme weather, misuse of whip, medications, and starting gates or barriers.
- The horses should be treated properly after they have raced and when their careers are over. They should receive veterinary treatment. If they have sustained racing injuries, they should be monitored and cured. If the injuries get severe, the horses may need to be euthanised. When horses leave racing, they should be permanently registered and identified as retirees so as cases of mistreatment during retirement can be pursued.
For the horse racing proper, there are several regulatory bodies in the country. However, the ultimate responsibility lies within the Australian Racing Board (ARB), which enforces the country’s rules of racing.
In addition, there are Principle Racing Authorities that manage the sporting event at a state level. A state has its own Principal Club that organises the races taking place in certain regions.
Types of Horse Race Betting
Regardless if you are new to betting or you’ve done this for quite some time, it is important to build an understanding of the types of horse race betting. In such a way, you can easily compare the latest horse racing betting odds and you make more money than you can ever think of.
Here are the most common horse racing betting types you should know and familiarise:
- Win – This means you are betting on a certain horse to win the race.
- Place – This refers to betting on your horse to finish either first, second, or third. In this type, you only need a place to win a bet.
- Each Way – This types is placing both “win” and “place” bets. If the horse wins a race, you will be able to win both bets. However, if the horse finishes second or third, you only have to take the “place” bet.
There are still plenty of betting options and types you may choose from. Knowing the basics will make it easier for you to understand the complex and will give you insights on how to pick a winning horse.
Learn more about Horse Racing in Australia!
If you want to make a good profit from the ground-breaking return of horse racing, read this helpful and free horse racing tips.
There are lots many horse racing guide for beginners you can find online and learn.
With concise knowledge and understanding about the industry and the way it works, you will surely gain ground in this profitable source of entertainment.