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!
Watch Live Racing FREE!
Sign-up now and Watch every Race Live and Free on your Phone!
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
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...

Victorian horses banned from NSW

Racing NSW has banned horses trained in Victoria from taking part in races in the northern state for an indefinite...

Te Akau Shark suffering from post surgery complications

Star New Zealand galloper Te Akau Shark remains in an equine hospital in Sydney after undergoing eye surgery. Te Akau...

Watch: Riderless horse claims run of the week

I’ve just watched all the replays from the weekend’s racing and well, I have to say this. Probably the best...

Black Caviar’s latest foal gets a name

Black Caviar’s latest foal has already been named by connections. The son of Black Caviar by leading stallion I Am...

Multiple G1 winner onto his sixth trainer

In a move that has angered some racing fans Group One winner Humidor will again be on the move to...

Watch: Punters in uproar over upheld protest

There was quite the hue and cry out of Hawkesbury yesterday when the stewards upheld a protest. The favourite at...

Watch: First starter at $101 wins like an odds on shot

Connections of a first starter at Donald on Saturday either don’t bet or they were unaware of the ability that...

Top Sydney trainer charged after G2 winner tests positive to ice

Top Sydney trainer John O’Shea has been charged by the Queensland Racing Integrity Commission after one of his horses tested...

Jockey in trouble over whip rule tweet

A tongue in cheek tweet about current whip rules has landed a Victorian jockey in trouble. Jockey Jamie Mott has...

Kiwi star suffering from rare eye condition

A rare eye condition that needs surgery will delay the return to training of two-time Group One winner Te Akau...

NZ jockey banned for life

A New Zealand jockey has been banned for life over charges relating to a conspiracy to harm another jockey during...

Australian Bookmaker Reviews

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

 
 
Copyright © 2020 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.