[./australian_international_racing_websites.html]
[./australian_international_racing_websites.html]
[./horse_race_betting_tipping_websites.html]
[./horse_racing_media_and_racing_industry_websites.html]
[./tab_tote_betting_australia.html]
[./tab_bet_types.html]
[./how_to_bet_with_the_tab.html]
[./tab_tote_betting_australia.html]
[./centrebet_australia.html]
[./sportsbet_australia.html]
[./sportingbet_biggest_bookmaker_in_australia.html]
[./betfair_australia.html]
[./melbourne_cup_betting_history_statistics.html]
[./melbourne_cup_form_guide_and_betting.html]
[./about_melbourne_track_report.html]
[./track_bias_report.html]
[./guide_to_melbourne_racetracks.html]
[./guide_to_melbourne_racetracks.html]
[./caulfield_racecourse.html]
[./moonee_valley_racecourse.html]
[./sandown_park_racecourse.html]
[./free_australian_racing_form_guides.html]
[./melbourne_cup_betting_history_statistics.html]
[./melbourne_cup_betting_history_statistics.html]
[./melbourne_cup_form_guide_and_betting.html]
[./centrebet_australia.html]
[./centrebet_australia.html]
[./centrebet_australia_affiliates.html]
[./sportsbet_australia.html]
[./sportingbet_biggest_bookmaker_in_australia.html]
[./tab_tote_betting_australia.html]
[./tab_tote_betting_australia.html]
[./tab_bet_types.html]
[./how_to_bet_with_the_tab.html]
[./living_legends_of_australian_horse_racing.html]
[./racing_greyhound_adoption_melbourne.html]
[./melbourne_track_report_recommended_website.html]
[./contact_mtr.html]
[./about_melbourne_track_report.html]
[Web Creator] [LMSOFT]
Betfair.com.au
melbournetrackreport.com.au
Free information for Melbourne Horse Racing
Free information for Melbourne Horse Racing
About Melbourne Track Report
Melbourne Track Report
Melbourne Track Report
You can bet when you think the odds are generous, or lay (offer odds to other players) when you think the odds aren't generous enough.

Fixed odds betting applies to all Betfair markets. Betfair only takes commission from winnings, punters who lose don't pay any commission. That means when you win, you receive your profit (less commission) PLUS the whole amount of your original stake, paid as soon as a market is settled.

When laying a bet, you're saying an outcome will not happen. For example: a punter wants to back St Kilda for the flag at odds of $11 for $119. You think the odds on St Kilda are too short so you decide to lay the Saints for $100 at odds of $11. You must have sufficient funds in your account ($1,000) to lay this bet. If you’re right, and the Saints don’t win the premiership, you collect the $100 stake from the punter who placed a bet at the odds you offered. If the Saints win, then you must pay out $1,000.

It is possible to guarantee yourself a profit before an event has taken place, a match has started or a race has been run – by trading. Prices constantly change on Betfair, which means you can guarantee a winning position by backing a selection at high odds, then laying it at low odds, or vice-versa. And you don’t necessarily need to be a big punter – this can sometimes be done with relatively little money in your account.

Betfair supports the Australian racing industry by returning 30 cents in every dollar in taxes to the State Government where they hold their license. They offer a great alternative to the TAB and conventional bookmakers, with unique betting products and the opportunity to back your judgement (or question someone elses) in every sporting arena.

Opening an account is easy, you just need a minimum deposit of $30 to get started. Betfair offers a number of ways for Australian punters to put funds into their account, including Bpay. You'll need to make a deposit with your credit card to start betting straight away.

Punters from Melbourne Track Report will receive a free $50 bet!! Click on a banner to open your Betfair account and receive a $50 credit to your account.
Betfair - the worlds leading online betting exchange. Betfair is Australia's only licensed betting exchange. What makes Betfair different? Instead of betting against the bookie, you're betting against other punters, at the odds you want to bet at.