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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,BoostBet 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 July 2024) 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) |
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