Online Betting, Free Bets and Bookmaker Odds Comparisions
This page has the very latest free horse racing betting deals and bookmaker bonuses available exclusively to Punters Paradise members. Simply select a bookmaker from the offers below to get started and please use our horse racing odds comparison tool to help you get the very best betting odds, free bets and promotional bonuses.
$100 First Bet Refund! *PROMO CODE FBR444
Join Betfair today to take advantage of their $100 First Bet Refund*. Simply, place your first bet up to $100 on Betfair and if your first bet loses they’ll refund you up to $100! *This offer excludes residents of VIC and SA. Terms and Conditions Apply.
Open a Betfair account now and get 20% better odds for BIGGER wins! Use promo code FBR444.
Join Betfair today to take advantage of their $100 First Bet Refund*
FREE $1,000 bonus! *PROMO CODE PUNTER
Sportingbet have operations worldwide and employ the latest security software so you can be sure your money is safe. Along with their unique services such as mobile phone betting, live scores and their excellent racing product, Sportingbet also offer Free Bets and many great Promotions to their customers.
Make an initial deposit when joining Sportingbet and they'll match it with a FREE bonus bet up to $1,000! Minimum $30 deposit required. Use promo code PUNTER on the registration form.
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FREE $300 Bet! *PROMO CODE 300BONUS
Only at Luxbet do you receive Australia's highest paying racing products: Best of the Best and LuxDiv which guarantee you the best price. They also have more fixed odds markets on Australian racing as well as Exotic betting, Aggressive Fixed Odds, so you win more, ClubXtra 12% Owners bonus and Interest free credit facilities.
For a limited time only, Luxbet is offering Punters Paradise members a FREE $300 bet when you make a first deposit of $25 or more. Use promo code 300BONUS on the registration form.
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$300 bonus! *PROMO CODE PUNTERS99
Centrebet are also well known for their good early fixed price odds markets. If you like to bet early to take advantage of some of the early fixed price odds then having a Centrebet account is essential. If you’re a big punter you can rest assured they are never afraid to take a large bet!
We work closely with Centrebet to ensure you always receive the latest FREE bonuses and promotions. Click here to join now and receive a FREE bonus up to the value of $300!
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1st BET BONUS up to $250! *PRIZE CODE 3033
One very usefull thing Sportsbet offer their customers is a credit limit facility of $200 upwards! Now you don’t have to worry if your bank gets low because Sportsbet will let you get that best bet on, even if you don’t have funds in your account!
Take advantage of all the FREE bets and promotions Sportsbet has on offer. Open your account now and get a FREE $250 1st bet bonus! Refer friends; use prize code 3033 on the registration form.
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FREE $200 bet & money back specials!
IASbet's racing product offers punters a full price service each day with a choice of fixed price products, CITY SuperPrice (better than the 3 totes/TABS), SuperPrice (better than tote), Early Bird Prices (pre-post), SP, Top Fluctuation & more.
Like most betting companies IASbet offer great FREE bets and sign up bonus deals. Click here to join now and get a FREE $200 bet!
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Odds Comparison
Free Bets
FREE $1,000 bonus!
Join Sportingbet today and get up to $1000 worth of FREE bonuses! Use promo code PUNTER when you join.
FREE $300 bonus bet!
Join Luxbet today and deposit $25 or more for an instant $300 bonus bet! Use promo code 300BONUS.
FREE $300 bonus!
Join Centrebet today and get FREE $300 bonus! Use promo code PUNTERS99 when you join.
FREE $250 bet!
Join Sportsbet today and get a FREE $250 bet! Use prize code 3033 on the registration form.
FREE $200 bet!
Join IASbet today and get a full price service with a choice of fixed price products plus a FREE $200 bet!
$100 First Bet Refund*
Join Betfair today to take advantage of their $100 First Bet Refund. This offer excludes residents of VIC and SA. Terms and Conditions Apply. Use promo code FBR444.
Bet Types
Win betting is the most popular bet type. To do this you just need to select a horse that you think will finish 1st in the race.
Place betting is another popular bet type and it's easy to win. You just need to select a horse to finish in 1st, 2nd or 3rd place and there must be more than 8 horse in a race to have a 3rd place dividend.
Each way betting simply means that you are putting the same amount on the win and the place. If the horse you selected wins then you would receive the win and place dividend but if it finishes in 2nd or 3rd then you would only receive the place dividend.
Quinella betting is the easiest way to win more money for a small outlay. All you need to do is select the 1st and 2nd horses to finish in any order.
Exacta betting is the same as quinella betting only you need to select the first two horses in the exact order. You normally win about twice as much as you would for a quinella bet.
Duet betting is similar to a quinella except that you only need to select two horses from the first three to finish. It's easier to win than a quinella bet although you don't win as much. There needs to be more than 8 horses in a race for duet betting.
Trifecta betting is one of the most popular exotic bet types as you can potentially win a lot of money with a small outlay. To place a trifecta bet you need to select the first three horses in exact order or you can box them up and they can then finish in any order. A box trifecta will cost you $6 for 100% of the dividend as there are six possible combinations if you select three horses to finish in any order.
First 4 betting is the best way to win the maximum amount of money for the smallest possible outlay. It is smiler to trifecta betting in that you can select the first four horses in exact order or box them up to finish in any order. A box first four costs $24 for 100% of the dividend as there are 24 possible combinations if you select four horses to finish in any order.
This is an exotic bet type where you need to pick the winners of two races (nominated by the TAB) at the same meeting.
This is an exotic bet type that is similar to a Daily Double only that you need to pick the winners of three races (nominated by the TAB) at the same meeting.
If you think you can pick the winner of two consecutive races then this bet type is for you. If you place this bet by selecting the winning horse for two consecutive races it will increase the amount you win compared to if you had of just put down a standard win bet on each race.
Quddies are another very popular bet type and you'll often here them mentioning the Quaddie on TVN or sky channel. To win the Quaddie you need to select the winning horse in four races (nominated by the TAB) at the same meeting.
Winning a BIG6 bet can be like winning lotto if you can get it. Similar to a quaddie you need to select the winner of six races nominated by the TAB. The races can be at the same meeting or a combination of more than one meeting. The BIG six also has a supplementary dividend which rewards those punters lucky enough to select five out of the six possible wining horses.