‘The punt’ is a popular pastime in Australia, with betting easily accessible at the TAB (Tote Agencies) on course and in the main street of almost every suburb, as well as in many pubs & clubs. The TAB is government regulated but privately operated in most states. Australian Bookmakers such as Sportsbet are permitted to accept bets on course, off course & online. Australia has more racing clubs & courses, and more racehorses per capita, than any other country. There is Thoroughbred, Harness & Greyhound racing in Australia seven days a week, except on Good Friday and Christmas Day.
Australian bookmakers can accept bets from most countries, except the USA. Punters in North America who want to bet on Australian racing every day can do so through BetUS.com
Australian race conditions.
The saddlecloth number is not the same as the starting gate. Runners are ordered according to the weight they carry and the conditions of the race (see below). The starting gate is drawn at random by computer (except for certain Feature Races) because an inside gate is usually considered an advantage over starting out wide, particularly in large fields. The maximum number of runners the Tote can accommodate is 24, most races in Victoria have between 8 to 15 runners. A minimum of 8 runners is required for three place dividends.
Handicaps are not determined by ratings as they are in other countries. In Victoria, the minimum top weight at declarations is 58kgs and the minimum low weight is 52kgs (except in certain Quality races such as the Melbourne Cup where it can be lower.) Other states have different minimum weight criteria. The handicapper treats each race individually and handicaps each horse based on their recent form and merits.