Horseracing in Australia

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Horse racing in Australia is administered by the Australian Racing Board, with each state's Principal Racing Authority agreeing to abide by, and to enforce, the Australian Rules of Racing.

Thoroughbred horse racing is the third most attended spectator sport in Australia, behind Australian rules football and rugby league, with almost 2 million admissions to the 379 racecourses throughout Australia in 2002-2003. Besides being a spectator sport, horse racing is also an industry, which provides full- or part-time employment for almost 250,000 people, the equivalent of 77,000 jobs. About 300,000 people have a direct interest as owners, or members of syndicates in the 31,000 horses in training in Australia [1].

Public interest in thoroughbred racing, especially during the main Spring and Autumn racing carnivals, has been growing in recent years with over 100,000 attracted to the running of both the Melbourne Cup and VRC Oaks. The Caulfield Cup and W S Cox Plate are also major attractions.

Throughout its history, horse racing has become part of the Australian culture and has developed a rich and colourful language, as well as providing some of Australia's great sporting icons such as Phar Lap, Tulloch, Bernborough, Kingston Town and Makybe Diva.

Contents 1 Administration of racing in Australasia 1.1 Australia 1.2 Victoria 1.3 New South Wales 1.4 South Australia 1.5 Queensland 1.6 Western Australia 1.7 Tasmania 1.8 Northern Territory 1.9 Australian Capital Territory 2 Betting 3 Facts and figures for season 2004-05 3.1 Racing statistics 3.2 Group races 3.3 Breeding 3.4 Prizemoney and earnings 3.5 Wagering 3.6 The season's winners 4 See also 5 Reference

[edit] Administration of racing in Australasia

[edit] Australia

Racing in the Australian continent is governed by the Australian Racing Board. This body supersedes the power of the principal clubs, which were once the sovereign body of racing in every state until government reforms introduced separate governing bodies for the industry.

• Australian Racing Board

[edit] Victoria

Victoria is considered to be the home of racing in Australia, with international races like the Melbourne Cup. The governing body is Racing Victoria Limited. The principal club is the Victoria Racing Club, which races at Flemington; the two other metropolitan clubs are the Melbourne Racing Club, which races at Caulfield and Sandown, and the Moonee Valley Racing Club, home of the Weight for Age championship of Australasia, the Cox Plate.

• Racing Victoria
• Victoria Racing Club
• Melbourne Racing Club
• Moonee Valley
• Country Racing Victoria

[edit] New South Wales

Racing in New South Wales is governed by the NSW Thoroughbred Racing Board. The principal clubs are the Australian Jockey Club, which races at Royal Randwick and Warwick Farm, the Sydney Turf Club, which races at Rosehill Gardens and Canterbury Park.

• Racing N.S.W
• Australian Jockey Club
• Sydney Turf Club

[edit] South Australia

Racing in South Australia is governed by Thoroughbred Racing S.A. Limited. The principal club is the South Australian Jockey Club, which races at Morphettville, Cheltenham and Victoria Park.

• Thoroughbred Racing S.A.
• S.A. Jockey Club

[edit] Queensland

Racing in Queensland is governed by the Queensland Thoroughbred Racing Board, and the principal clubs are the Queensland Turf Club, which races at Eagle Farm, and the Brisbane Turf Club, which races at Doomben.

• Q.T.R.B.
• Queensland Turf Club
• Brisbane Turf Club

[edit] Western Australia

Racing in Western Australia is governed by Racing and Wagering WA, which is a government-owned body. The main racing club, Western Australian Turf Club, holds racing at Belmont Park and Ascot Racecourse. Other popular courses with feature races in Western Australia are Bunbury, Pinjarra, Geraldton, Kalgoorlie, and Northam.

The most popular race is the Perth Cup, held each New Year's Day at Ascot. There are three Group 1 races contended, being the Railway Stakes, the Fruit-and-Vege Stakes, and the WATC Derby.

• W.A.T.C.
• Racing and Wagering WA

[edit] Tasmania

Racing in Tasmania is governed by the Tasmanian Thoroughbred Racing Council and the principal club is the Tasmanian Turf Club. There are Tasmanian meetings every Sunday usually alternating between Elwick Racecourse near Hobart, Mowbray near Launceston and Spreyton, Devonport.

The racing industry in Tasmania is currently being restructured and will eventually be jointly managed by the new Racing Services Tasmania and TOTE Tasmania.

• Tasmanian T.R.C.
• TOTE Tasmania
• Tasmanian racing industry restructure
• Betfair online betting exchange

[edit] Northern Territory

Racing in the Northern Territory is now governed by Thorougbred Racing NT (formerly the Darwin Turf Club, which races at Fannie Bay.)

• Darwin Turf Club
• Thoroughbred Racing NT

[edit] Australian Capital Territory

Racing in the Australian Capital Territory is governed by the principal club, the Canberra Racing Club.

• Thoroughbred Park

[edit] Betting

There are four main avenues for race betting in Australia. Licensed on-track bookmakers offer fixed-odds betting, mostly on wins and places. Off-track betting was traditionally controlled by the various state government through organisation called "Totalisator Agency Boards" (TAB), which offered mainly parimutuel betting - that is, the odds were not fixed but involved "the house" taking a fixed cut and distributing the remainder amongst people who made a winning bet. Many of these "TABs" have now been privatised, and many pubs now offer betting services linked to the privatised offshoots of the companies. In some parts of Australia there was a tradition of illegal off-course bookmaking, known as SP bookmaking historically involving significant turnover, though it is unclear whether this is still the case. Finally, there is Betfair, a person to person betting exchange, which has recently made inroads into the Australian market.

Australia was the source of one of the major developments in race wagering - the totalisator or tote - an analogue computer which allowed the automatic calculation of race odds given betting patterns.

[edit] Facts and figures for season 2004-05

[edit] Racing statistics

• Race clubs: 391
• Racecourses: 364
• Race meetings: 2,745
• Total races: 19,968
• Trainers: 5080
• Jockeys: 1043
• Bookmakers: 610
• Number of drug tests: 32,003
• Number of positive cases: 51

[edit] Group races

• Group 1 races: 66
• Group 2 races: 83
• Group 3 races: 112
• Listed races: 281

[edit] Breeding

• Stallions: 916
• Mares: 27882
• Live Foals: 17178
• Gross Yearling Sales: AU$253 million
• Average selling price: AU$52,232
• Champion Sire: Danehill (horse) (USA)

[edit] Prizemoney and earnings

• Total Prizemoney: AU$362 million
• Leading Prizemoney Earner: Makybe Diva
• Total number of race horses: 31,037
• Number of horses which earned over $100,000: 507
• Number of horses which earned less than $2,000: 13,715
• Number of horses with 4 or more wins: 727
• Number of horses with 0 wins: 19,031

[edit] Wagering

• Totalisator: AU$8,764 million
  • Win: 46.6%
  • Place: 16.0%
  • Trifecta: 19.4%
  • Quinella: 5.9%
  • Doubles: 2.6%
  • Other: 9.5%

• Bookmakers: AU$2,937 million

[edit] The season's winners

• Racehorse of the year: Makybe Diva
• Leading Trainer by Group wins: Gai Waterhouse
• Leading Trainer by wins: John Hawkes
• Leading Jockey by Group wins: Glen Boss
• Leading Jockey by wins: Darren Beadman

[edit] See also

• Australian and New Zealand punting glossary

• Millionaire Racehorses in Australia

[edit] Reference

• Australian Racing Fact Book