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
Australian Capital Territory
Black Opal Day
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable from 9:00am AEST/AEDT on the Day of the Meeting
New South Wales
Metro
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable from 9:00am on the Day of the Meeting (or 2:00pm for a Night Meeting)
Queensland
Metro
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable following declaration of final fields
South Australia
Metro
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable from 9:00am SA Time on the Day of the Meeting (or 2:00pm SA Time for a Night Meeting)
Tasmania
Metro
$1,000 (W)
$400 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable from 9:00am AEST/AEDT Time on the Day of the Meeting (or 2:00pm AEST/AEDT for a meetings commencing at 5:00pm AEST/AEDT or later)
Victoria
Metro
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable following declaration of final fields
Western Australia
Metro
$2,000 (W)
$800 (P)
Provincial
$1,000 (W)
$400 (P)
Applicable from 9:00am WA Time on the Day of the Meeting (or 2:00pm WA Time for a meetings commencing at 4:00pm WA Time or later)
Greyhound Racing
Australian Capital Territory
Metro
No MBL (W)
No MBL (P)
Provincial
No MBL (W)
No MBL (P)
No Prescribed Minimum Bet Limit
New South Wales
Metro
$1,500 (W)
$500 (P)
Provincial
$500 (W)
$250 (P)
Applicable from 2 hours prior to the first race on the card. Increased Win & Place MBL for Group 1 and nominated Feature Races of $3,000 (W) & $1,000 (P).
Queensland
Metro
$500 (W)
$200 (P)
Provincial
$500 (W)
$200 (P)
Applicable following declaration of final fields
South Australia
Angle Park (Thu)
$1,000 (W)
$400 (P)
Provincial
$500 (W)
$200 (P)
Applicable from 2 hours prior to the first race on the card. Increased Win & Place MBL for designated Group 1 races of $2,000 (W) & $1,000 (P).
Tasmania
Metro
No MBL (W)
No MBL (P)
Provincial
No MBL (W)
No MBL (P)
No Prescribed Minimum Bet Limit
Victoria
Metro
$1,000 (W)
$500 (P)
Provincial
$500 (W)
$250 (P)
Applicable from 2 hours prior to the first race on the card. Increased Win & Place MBL for designated Group 1 races of $2,000 (W) & $1,000 (P).
Western Australia
Metro
$750 (W)
No MBL (P)
Provincial
$500 (W)
No MBL (P)
Applicable from 9:00am WA Time on the Day of the Meeting (or 2:00pm WA Time for a meetings commencing at 4:00pm WA Time or later)
Harness Racing
Australian Capital Territory
Metro
No MBL (W)
No MBL (P)
Provincial
No MBL (W)
No MBL (P)
No Prescribed Minimum Bet Limit
New South Wales
Metro
$1,000 (W)
$400 (P)
Provincial
$500 (W)
$200 (P)
Applicable from 10:00am AEST/AEDT on the Day of the Meeting. Increased Win & Place MBL for 'Platinum' Meetings of $2,000 (W) & $800 (P)
Queensland
Metro
$500 (W)
$200 (P)
Provincial
$500 (W)
$200 (P)
Applicable following declaration of final fields
South Australia
Metro
No MBL (W)
No MBL (P)
Provincial
No MBL (W)
No MBL (P)
No Prescribed Minimum Bet Limit
Tasmania
Metro
No MBL (W)
No MBL (P)
Provincial
No MBL (W)
No MBL (P)
No Prescribed Minimum Bet Limit
Victoria
Metro
$1,000 (W)
$400 (P)
Provincial
$500 (W)
$200 (P)
Applicable from 10:00am AEST/AEDT on the Day of the Meeting. Increased Win & Place MBL for 'Group 1' Races of $2,000 (W) & $800 (P)
Western Australia
Metro
$1,000 (W)
No MBL (P)
Provincial
$500 (W)
No MBL (P)
Applicable from 9:00am WA Time on the Day of the Meeting (or 2:00pm WA Time for a meetings commencing at 4:00pm WA Time or later)
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