Best Odds with Top Tote+ and Bet Back Offers!
Register at Australia's #1 Online Bookmaker!
Back A Winner!
Sign-Up to Australia's Fastest Growing Online Bookmaker!
Back Yourself!
Sign-up and start betting with Ladbrokes in 2 minutes!
Best Of The Best Odds!
Bet With Palmerbet and get Paid Top Fluc or Top Tote!
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
Search
 
Victoria's minimum bet rule will take effect from Saturday's Caulfield meeting

Racing Victoria’s minimum bet rule will take affect from Saturday’s Caulfield meeting in which bookies will be required to take bets to win up to $2,000 on metro races and $1,000 on country races.

Media release:

A Minimum Bet Limit (MBL) policy applying to all approved off-course Wagering Service Providers (WSPs) betting on Victorian thoroughbred races will take effect from tomorrow’s race meeting at Caulfield.

Racing Victoria (RV) announced in May 2016 its intention to implement an MBL before undertaking comprehensive stakeholder consultation to consider the most appropriate framework.

RV then announced on 1 September 2016 that the consultation process had determined that its MBL will largely mirror that currently offered to punters wagering on NSW thoroughbred races.

From 1 October 2016, an MBL will apply on Victorian thoroughbred races from 9am (AET) raceday for day meetings and 2pm (AET) raceday for night meetings.

The MBL will be available to punters betting on Victorian thoroughbred races with approved off-course WSPs online or via telephone and will allow them to win up to the following amounts:

Metropolitan races – $2000 on any one win bet, $800 on any one place bet
Non-metropolitan races – $1000 on any one win bet, $400 on any one place bet

It is a condition of RV’s Race Fields Policy that all approved off-course WSPs comply with the MBL.

For any instances in which punters believe that the MBL has not been correctly applied by a WSP, outside the stated exclusions of the framework, punters are required to first contact the WSP to seek a resolution.

RV has developed a formal dispute resolution process for any complaints that cannot be resolved between the punter and WSP.

In such instances, punters are required to complete an online MBL Complaint Form within 14 days of the incident that is the subject of the complaint. The WSP will then be afforded an opportunity to respond. If a resolution cannot be achieved between the punter and WSP, then RV will make the ultimate determination.

 
*Existing customers only. 2nd Racing bet. Excl SA & WA. T’s & C’s apply. Gamble responsibly.
Featured News

Free Racing Bonus Bets and Offers

We take a look at the BIGGEST and BEST Free Daily Racing Offers and Betting Promotions from Australia’s leading online...

Watch 📺 A star is born at Randwick

Did we see a really smart one today at Kensington? Perhaps so. DELEXO (Exosphere – Delectable Dora) trained by Kristin...

23/10/2021 Horse Racing Tips and Best Bets – Moonee Valley, Cox Plate day

The two day Cox Plate Carnival at Moonee Valley wraps up on Saturday, headlined by the race regarded as ‘Australia’s...

Cox Plate Field – 2021

View the final field and barriers for the 2021 Cox Plate. The Cox Plate will be run on Saturday 23rd...

Cox Plate winner dies in track work incident

Defending Cox Plate champion Sir Dragonet has been euthanised after breaking down at The Valley. Sir Dragonet has been euthanised...

Watch 📺 Champion jockey involved in scary incident

Nobody is safe from a mishap in racing! Champion jockey Oisin Murphy was extremely fortunate to escape serious injury at...

South Australia to end jumps racing

Racing South Australia (Racing SA) has announced that jumps races will no longer be scheduled on the state’s racing calendar...

Jockey hit with 10 year ban

Monmouth Park in New Jersey is a major race track. And last night those who run it handed down a...

Racing Victoria to enforce mandatory vaccinations

Racing Victoria will become one of the first sporting organisations to mandate vaccinations for all of its participants. All participants;...

Cox Plate

The Cox Plate is a prestigious Group 1 race for three year old horses and above. Held under weight for...

Australian Bookmaker Reviews

Which bookmaker should you bet with? We Review each of the leading online Australian Bookmakers and rate them in order...

 
 
Copyright © 2021 Just Horse Racing.
All rights reserved - Privacy Policy

Gamble Responsibly 18+
*State exclusions apply to some offers. Please check T&Cs of each offer with the bookmaker. All Offers Exclude NSW residents.
18+ Don't let the game play you. Stay in control. Gamble responsibly. Think! About your choices. Call Gambling Help on 1800 858 858 or visit www.gamblinghelp.nsw.gov.au or www.gamblinghelponline.org.au.