6 Best Horse Racing Betting Sites in Australia 2026

Ladbrokes is the top-ranked bookmaker for horseracing based on a range of their tote products, fixed odds and exotic betting options. The Best Tote available from Ladbrokes will pay out the higher of the tote dividend or the Ladbrokes starting price for the horse. This makes it ideal for bettors wishing to avoid the need to bet on both the winning and placing of their chosen horse. The bookmaker also offers Same Race Multis (up to 4 horses from the same race) that can be selected as a top 2, 3 or 4 betting option.

Ladbrokes offers a range of exotic betting options on their races, including bets on quaddies, trifectas, exactas, quinellas, first-4 betting and running doubles on thoroughbred, harness and greyhound races. The bookmaker also covers many international racing meetings from the UK, Ireland, France, Japan, Hong Kong and South Africa. The Ladbrokes Card, a prepaid Mastercard linked to the bookmaker's racing account will allow punters to claim their winnings directly at an ATM.

Ladbrokes.com.au holds racing licenses from Racing NSW and the NT Racing Commission. The bookmaker is also an official partner with the AFL, NRL and Cricket Australia. Each day, the bookmaker offers various promotions on racing events that can be viewed through the site's promotions section each morning.

Neds is ranked second in terms of value for punters who race horses. This is due to the availability of excellent form guides and speed maps within the Neds Racing app. These resources allow bettors to view the form and running speeds of horses without having to leave the Neds Racing platform.

Fluc Up is a tool available on the Punters Toolbox within the Neds app that will pay out punters should the fixed odds of the selected horse improve between placing the bet and the race starting. Neds also offers Same Race Multis (up to 4 horses from the same race) for betting on the top 2, 3 or 4 runners. The winnings from bets placed on Neds are also visible on the Neds Mastercard which can be used to claim winnings directly at an ATM.

Bet365 offers the 365 Top Tote+ which will pay out the better of the tote dividend from NSW or VIC races plus a percentage of that price. This is ideal for those who race horses in NSW and VIC. The odds on Bet365 for racing in Australia are some of the lowest of all the bookmakers with racing licenses in Australia.

The international racing offered by Bet365 is perhaps the best of all the bookmakers profiled for this list. Alongside fixed odds on most international racing events in the UK, Ireland, France, Japan, Hong Kong and South Africa, the bookmaker also live streams most international thoroughbred racing events. This makes Bet365 particularly beneficial for Australian punters who would like to follow the best races internationally such as the Cheltenham Festival, Royal Ascot, the Japan Cup or the Hong Kong International Races.

Palmerbet is a 100% Australian owned and operated bookmaker that holds licenses from Racing NSW and is financially guaranteed by the NSW Bookmakers Co-operative. The Palmerbet company also operates the Punters Club which allows various betting groups to create betting syndicates on the Palmerbet platform. This is especially helpful for Australians who regularly form racing betting syndicates with friends or workplaces during the major racing carnivals.

Palmerbet's Best Tote+ will pay out the higher of the tote dividends from NSW and VIC plus a percentage of the winning prices of the selected horses. Alongside Best Tote+, the bookmaker offers a variety of tote betting options including Best of Two (highest odds from NSW and VIC), Middle Tote, Tote +5% and Tote +10% options. Palmerbet offers more than 20 different racing promotions each day during the Melbourne Spring Carnival which occurs each year at Flemington and Caulfield race tracks. The bookmaker also offers a range of daily racing promotions throughout the year.

Dabble has partnered with Sky Racing to offer live channel access to the Dabble Racing app. Dabble Racing offers live betting on thoroughbred, harness and greyhound races from Australia and abroad. Dabble also offers the social copy-bet which allows punters to view the bets of other punters and select one with a tap of a screen to add to their betting slip.

Racing Banter features live channels covering all the major racing meetings in Australia. These channels provide a live discussion forum for punters to discuss the races. Racing Banter also offers a PayID betting platform that will clear winnings in around 8 seconds - the fastest betting platform available to punters who wish to claim their winnings the same day they place their bets on racing. Dabble however, only offers its services through its mobile application and offers a smaller range of tote betting options as compared to Ladbrokes, Neds or Palmerbet.

Unlike the other bookmakers profiled, Betfair is a betting exchange rather than a bookmaker. The betting exchange takes place between punters rather than between the punter and the bookmaker. The exchange does not set any betting odds which are created directly by punters. The odds are created by the willingness to back or lay bets by other punters on the exchange. Because there are no betting margins created by the bookmaker, the odds offered on Betfair are typically better than other bookmakers. The exchange takes a percentage commission on winning bets (around 5%) rather than including that percentage in the betting odds. The exchange also does not restrict the stakes of punters who win their bets as often with bookmakers.

Lay betting on horses is one of the most popular forms of betting on race days. This type of betting allows individuals to place bets against their selected horse winning the race. If their selected horse does not win the race, the lay bet wins. This betting option is not offered on any other licensed bookmaker in Australia. Because it is a betting exchange, the betting options for lay bets may be thinner on smaller race meetings. Betfair has a steeper learning curve for new punters to the betting exchange.