Search results
Results From The WOW.Com Content Network
Odds against: Odds which are longer than evens (e.g. 2–1). At present, Australian odds are expressed as a $ figure: 2–1 is now shown as $3 (2–1 plus the $1 stake). Odds on: Odds which are shorter than evens (e.g. 1–2 or 2–1 on). In Australia, this is more commonly displayed as $1.50, using the above example in odds against. [6] [15]
Thoroughbred horse racing is a spectator sport in Australia, and gambling on horse races is a very popular pastime with A$14.3 billion wagered in 2009/10 [1] with bookmakers and the Totalisator Agency Board (TAB).
Ajax was a champion Australian bred Thoroughbred racehorse and sire, who won 18 consecutive races before he was defeated at the odds of 40/1 on, causing a huge racing sensation. He had wins from 5 furlongs (1,000 m) to 1 + 1 ⁄ 2 miles (2,400 m), equalled the Australasian record for one mile (1,600 m), and created three new race records.
The Sydney Cup is an Australian Turf Club Group 1 Thoroughbred handicap horse race, for horses three years old and older, run over 3200 metres at Randwick Racecourse in Sydney, Australia in the autumn during the ATC Championships series and it is the longest race in the club. [1] Total prize money is A$2,000,000.
The Melbourne Cup is an annual Group 1 Thoroughbred horse race held in Melbourne, Australia, at the Flemington Racecourse.It is a 3200-metre race for three-year-olds and older, conducted by the Victoria Racing Club that forms part of the Melbourne Spring Racing Carnival.
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets.
The two singles champions each will receive 3.5 million Australian dollars (about $2.15 million), up from 3.15 million Australian dollars (about $1.95 million) a year ago, but still below the pre ...
Miller's Guide is an Australian annual sporting publication that lists sporting world records, gives a comprehensive history of results of the major Australian horse races and provides a form guide to all entries for the Melbourne and Caulfield Cups.