Punters Paradise | Free Horse Racing Tips, News & Photos King Tipping | Australia's BEST Horse Racing Tips
Melbourne Cup, Horse Racing News & PhotosKiNG Tipping, Horse Racing & Melbourne Cup TipsHorse Racing Forum & Melbourne Cup DiscussionsHorse Racing Form Guide for the Melbourne CupRefer & Earn during the Melbourne Cup!Subscribe & get the BEST horse racing tips & Melbourne Cup betting infoContact Us for any horse racing or Melbourne Cup support
Betting Guide
If you’re new to racing, this basic Guide to Betting should help answer some of the questions you might have. If you’re not sure exactly what type of bet you want to have or don’t know what you should be looking for, we hope you’ll find the answers here.

Don’t forget though, having a little flutter on the horses should be fun and it doesn’t have to be complicated. Sometimes you’re as likely to have a winner by just deciding you like the name or the colours of the jockey!

Here we explore some of the basics to help you understand betting:
Stake
When placing a bet, your stake is the amount of money you are willing to gamble - be it a cautious $1 or a rather more flamboyant $500.

If you're a winner, your winnings (also known as 'returns') are calculated according to your horse's odds.

Odds
In the world of betting, the odds (often referred to as the price) are a way of expressing the perceived probability of a horse winning a race and it's at this value which a bookmaker will lay his bets.

OK - so that's all relatively easy. Here's the more difficult bit. Prices can be odds against, even money or odds on.
Odds against
When the bookmaker offers a return which is more than double the amount staked for a win bet. If your stake is $1, a winning bet at 2/1 (pronounced two-to-one bet) will return you $2 plus your original stake of $1, making a total of $3.
Even money (or Evens)
When the bookmaker offers a return which is double the amount staked on a win bet. If your stake is $1 the bookmaker will return $1 plus your stake, making a total of $2.
Odds on
When the bookmaker offers a return which is less than double the amount staked for a win bet. A successful $1 bet at 1/2 (pronounced two-to-one-on), will return just 50¢ plus your stake, making a total of $1.50. The word 'on' indicates that the odds are reversed.
Long or Sort Odds?
Sometimes, instead of a horse's odds being expressed as a fraction, you might hear that they are simply 'long' or 'short'. This isn't meant to refer to the horse itself - or even the jockey. Instead, odds that are said to be long (e.g. 50/1) point to the fact that a horse is very unlikely to win the race. Conversely, short odds (e.g. 2/1) indicate that a horse has a good chance of winning.

 

FREE £200 BET!

Boylesports is Ireland's largest independent bookmakers. Since the company was established in 1989 by John Boyle, Boylesports has been recognised for setting new standards of customer service in the industry in Ireland. Boylesports offers a state of the art online Sports betting, Poker and Casino. We hope that you enjoy your visit to Boyle Sports where you will find a large selection of sporting markets on a daily basis.

Join up to Boyle Sports TODAY!

FREE £25 BET!

At 888 they're all about customer service and satisfaction. They believe that people respond positively when treated fairly and respectfully; especially when offered the very finest and most entertaining gaming products available online." Their mission is to be the market leader in the global online gaming industry, as measured by number of members and member satisfaction.

Open a 888 account now and get a FREE £25 bet! Visit BetUK

FREE £25 BET!

BetUK.com is your online gaming site for betting on sports, poker and casino. BetUK.com is the foremost online sports betting line, bookmaker site in UK. BetUK.com offers online betting on casino games; online poker; and sports betting odds, betting sports such as football betting, tennis betting, baseball betting, rugby betting, greyhounds betting, golf betting and horse racing. It is a great source for online sports betting UK.

Get started with a Betuk account NOW!

BEST ODDS GUARANTEED ON EVERY RACE!

Get Best Odds Guaranteed on every horse race, every day at bet365! Take a price on your selection and, if the SP is bigger, they will pay you out at the bigger odds! Their Best Odds Guaranteed offer includes board prices and bet365 early prices, and covers both your singles and multiple bets. 

Click here for bet365's Best Odds Guaranteed offer!

UP TO 60% BETTER ODDS!

PinnacleSports.com is the Internet's largest sports betting site with an industry-leading reputation for providing consistent value to the player with odds that are up to 60% better value than other bookmakers. With low minimum bet requirements and the highest maximum limits on the Web, Pinnacle Sports gives punters the assurance of fixed odds betting with exchange like pricing but unlike an exchange, Pinnacle Sports has guaranteed liquidity and never charges commission on winning bets.

Click here to open an account with Pinnacle Sports TODAY! £150 free bet challenge at Sportingbet.com

FREE £150 BET!

One of the world's biggest bookmakers. They have a brilliant site that is easy to use and pleasant on the eye. They are one of the leaders in the gaming world and if you use Sportingbet for every day punting you simply can't go wrong. We highly recomend using this company and Sportingbet are currently offering all Punters Paradise subscribers a FREE £150 bet!

Claim your FREE £150 BET TODAY!

£100 IN FREE BETS!

BGBet have over 35 years of experience offering Betting services. Alongside their online presence they operate Licensed Betting Offices in the UK as well as having an ever growing client base within their Telephone Call Centre. By being licensed in the UK, under some of the strictest gambling legislation in existence anywhere in the world, you can bet in total confidence with them. BGBet have a long established reputation for value and Customer satisfaction and for setting new standards of Customer Service.

Claim your £100 worth of FREE BETS now!

£125 IN FREE BETS!

Totesport is synonymous with horseracing. From morning until night you can get on their early prices from Ascot to stateside racing from Arlington Park. What’s more they are proud sponsors of Channel 4 racing and remember “their profits stay in racing”! Their totepool bets offer you more choice, where you can win big from small stakes with the totescoop6 and the daily totejackpot. Some of their bets are unique to totepool, like the popular toteplacepot where it's possible to win without backing a winner, while other bets like the totewin, toteeachway, toteexacta (forecast) and totetrifecta (tricast) offer a competitive alternative to their fixed odds equivalents.

Click here to join tote sport and get a £125 in FREE Bets!

FREE £20 MATCHED BET!

Their four products, Sky Bet, Sky Poker, Sky Vegas and Sky Bingo are part of one of the UK's leading entertainment companies, BSkyB. They offer you exciting ways to bet and play via the Internet, Phone, Interactive TV and on WAP. It matters more when there's money on it and that's a fact. Sport becomes even more exciting. There's more passion, more pleasure and more pain. Football, horse racing, golf, cricket, tennis, rugby, speedway... the list goes on and on! For great value betting, choose Sky Bet.

Click here to claim your £20 FREE matched bet TODAY!

FREE £25 BET!

Blue Square covers a comprehensive range of sports including all domestic Football, World Club Football, UK, Irish & US Racing and Greyhounds. We are one of the largest interactive betting services in the UK. In addition to their traditional business they are a leading provider of casino, poker, slots and games.

Claim Your FREE £25 TODAY!

FREE £100 BET!

Betfred, led by Chairman and founder Fred Done, are the world's biggest independent bookmakers and the UK's biggest independent high street retailer with over 700 shops, 5000 employees and a turnover in excess of £1.5 billion. Betfred are also the official bookmakers and gaming partner for Wembley Stadium and Manchester United.

Click here to claim you FREE £100 BET!

£10 FREE BET!

Everything you need in one place, with just one account from a company you can trust Ladbrokes brings you the full spectrum of the exciting world of betting and gaming in one place, using a single account. And, because Ladbrokes is brought to you by Ladbrokes, the world's largest bookmaker, you can be sure that your account will be handled with complete security, discretion and integrity.

Click here to start betting with LADBROKES!

FREE £/€50 BET!

One of the oldest bookmakers in the United Kingdom, with a solid reputation for service, fairness and integrity. They provide a complete betting and gaming solution to all their customers, by offering a friendly personal service, great promotions and value for your hard earned betting money. In short, they put the face back into the Internet! 

Claim your FREE £/€50 BET now!

FREE £10 BET!

Paddy Power is Ireland's biggest and most successful bookmaker. It conducts business through a chain of licensed betting offices along with operating Ireland's largest telephone (Paddy Power Dial-a-Bet), online (paddypower.com), casino (paddypowercasino.com) and poker (paddypowerpoker.com). With an exciting few months of sport ahead, where else would you get the extensive range of markets they provide? Champions League, Premier League, Euro 2008 and so much more!

Join up to Paddy Power TODAY!

FREE £25 BET!

William Hill PLC offers over seventy years of bookmaking experience and serves hundreds of thousands of clients through the UK’s largest retail betting estate, a market leading telephone betting service and an exciting array of online betting and gaming opportunities. In short, William Hill is universally recognised as one of the world’s leading betting and gaming organisations.

Bet Now with William Hill!

FREE £25 MATCHED BET!

A free £25 matched bet – simple and easy to use. All you need to do is bet £25 or more on your first selection and your account will be credited with a £25 betting token. Betterbet is a clean, simple, easy to use site with fantastic odds and a wide range of markets as well as excellent customer service!

Start betting with Betterbet TODAY!

 
Betting Types
Below are some of the exotic bet types which allow you to get more bang for you buck. Some First Fours and quaddies can pay upwards of $100k
Standard Quinella
A Standard Quinella, is when you select two runners to place First and Second in any order for the wager to be successful.
Box Quinalla
A Box Quinella allows you to choose more than two selections. You can choose as many runners as you like from the same race, however two of the selections must place First or Second in any order for your wager to be successful.
Standout Quinella
When placing a Standout Quinella wager, you can select as many runners as you like from the same race, however you must nominate the runner you think will place First or Second. For your Standout Quinella wager to be successful, one of your other selections must finish either First or Second to your nominated selection.
Exacta
An Exacta requires that the first two place getters are nominated in order. In the event of a dead heat, there will be as many dividends as there are correct ordered combinations
Trifecta
A Trifecta requires nominating the first three place getters in order. In the event of a dead heat, there will be as many dividends as there are correct ordered combinations
First Four

A First Four requires nominating the first four place getters in correct order. In the event of a dead heat, there will be as many dividends as there are correct ordered combinations

Quaddie
A Quaddie requires nominating the winner of four successive races (usually the last four of the program). In the event of a dead heat, there will be as many dividends as there are correct ordered combinations
                                       
 

Site Features

     

My Account

     

KiNG Tipping

     

Stay Connected

     

Browser Settings

 
  Daily Report
Betting
KiNG Tipping
Forum
Form Guide
Links
Contact Us
Terms
    My Balance
My Details
My Photo
My Black Book
My Purchased Tips
My Tips
Promote Myself
Refer And Earn
    FAQ
Subscriptions
Insider Selections
Ladder Board
   


AddThis Feed Button
    Firefox
Punters Paradise looks best when browsing with Firefox.
www.mozilla.com/firefox