Minimum Bet Limits (Racing)
Minimum Bet Limits (Racing)
Minimum Bet Limits (Racing)
A number of Australian wagering control bodies prescribe "Minimum Bet Limits" for the benefit of punters.
For events to which a "Minimum Bet Limit" applies,Allbets are obliged to accept wagers in which a Customer's potential profit is below the specified threshold.
"Minimum Bet Limits" apply only to Fixed Odds bets. They do not apply to bets on "Top Fluctuation," "Best of the Best," "Tote" or "Tote-Derivative" products, racing exotics, or multi-leg bets.
The currently prescribed "Minimum Bet Limits" (as at February 2022) are set out below:
Thoroughbred Racing
| State | Metro (W) | Metro (P) | Provincial (W) | Provincial (P) | Black Opal Day (W) | Black Opal Day (P) | Details |
|---|---|---|---|---|---|---|---|
| Victoria | $2,000 | $800 | $1,000 | $400 | - | - | Applicable following declaration of final fields |
| New South Wales | $2,000 | $800 | $1,000 | $400 | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
| South Australia | $2,000 | $800 | $1,000 | $400 | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
| Queensland | $2,000 | $800 | $1,000 | $400 | - | - | Applicable following declaration of final fields |
| Tasmania | $1,000 | $400 | $1,000 | $400 | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
| Australian Capital Territory | - | - | $1,000 | $400 | $2000 | $800 | Applicable from 9:00am on the Day of the Meeting |
| Western Australia | $2,000 | $800 | $1,000 | $400 | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
Greyhound Racing
| State | Metro (W) | Metro (P) | Provincial (W) | Provincial (P) | Black Opal Day (W) | Black Opal Day (P) | Details |
|---|---|---|---|---|---|---|---|
| Victoria | $1,000 | $500 | $500 | $250 | - | - | Applicable from 2 hours prior to the first race on the card |
| New South Wales | $750 | $375 | $500 | $250 | - | - | Applicable from 2 hours prior to the first race on the card |
| South Australia | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Queensland | $500 | $200 | $500 | $200 | - | - | Applicable following declaration of final fields |
| Tasmania | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Australian Capital Territory | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Western Australia | $750 | No MBL | $500 | No MBL | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
Harness Racing
| State | Metro (W) | Metro (P) | Provincial (W) | Provincial (P) | Black Opal Day (W) | Black Opal Day (P) | Details |
|---|---|---|---|---|---|---|---|
| Victoria | $1,000 | No MBL | $500 | No MBL | - | - | Applicable from 1 hour prior to the first race on the card |
| New South Wales | $1,000 | No MBL | $500 | No MBL | - | - | Applicable from 10:00am on the Day of the Meeting. Increased Win MBL for 'Platinum' Meetings of $2,000 |
| South Australia | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Queensland | $500 | $200 | $500 | $200 | - | - | Applicable following declaration of final fields |
| Tasmania | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Australian Capital Territory | No MBL | No MBL | No MBL | No MBL | - | - | No Prescribed Minimum Bet Limit |
| Western Australia | $1,000 | No MBL | $500 | No MBL | - | - | Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting) |
For South Australian residents, Allbets's gambling operations are governed by South Australian Gambling Code of Practice.
Allbets is licensed and regulated by Greyhound Welfare & Integrity Commission and regulated by Liquor & Gaming NSW.
You can choose to Self-Exclude from all licensed bookmakers in Australia. Visit www.betstop.gov.au for more information.
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© ALLBETS.COM.AU PTY LTD. All bets accepted on behalf of ALLBETS.COM.AU PTY LTD (A.B.N. 49 674 362 273) licensed in New South Wales by the Greyhound Welfare & Integrity Commission and regulated by Liquor & Gaming NSW.
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