Bet Limits and Stakes
Understanding bet limits and stake requirements helps you plan your betting strategy and avoid errors when placing bets.
Minimum Bet Limits
Standard Minimum
The minimum stake for any bet is:
Minimum Bet
$0.01 per bet or per combination
How It Works
| Bet Type | Minimum Stake |
|---|---|
| Single bets | $0.01 per bet |
| Multi bets | $0.01 for the entire multi |
| Exotic bets | $0.01 per combination |
Exotic Bet Examples
| Exotic Bet Type | Combinations | Min Per Combo | Min Total Stake |
|---|---|---|---|
| Boxed Exacta (3 horses) | 6 | $0.01 | $0.06 |
| Boxed Trifecta (4 horses) | 24 | $0.01 | $0.24 |
| Boxed First Four (5 horses) | 120 | $0.01 | $1.20 |
| Quadrella (4 races) | Varies | $0.01 | Varies |
Flexible Stakes
The low minimum allows you to try exotic bets and multi bets without risking large amounts.
Maximum Bet Limits
How Maximum Limits Work
Maximum bet limits are determined on a case-by-case basis depending on:
- Event type - Racing vs sports, major vs minor events
- Market conditions - Liquidity and demand for that market
- Selection odds - Shorter odds may have higher limits
- Your account - Account history and verification status
- Jurisdiction rules - Regulatory requirements in your location
Bet Acceptance
- We attempt to accept all bets - We'll try to satisfy your bet request
- May reject or partially accept - Large bets may be reduced
- Notification provided - You'll be informed if your bet is rejected or reduced
- No guarantee - We reserve the right to refuse or limit bets
Bet Acceptance
While we attempt to accept all bet requests, we may reject or partially accept certain bets at our discretion based on market conditions and risk management.
Minimum Bet Limits (MBL) - Racing
What are Minimum Bet Limits?
Minimum Bet Limits (MBL) are regulations set by Australian wagering authorities that require us to accept certain bets where the potential profit is below a specified threshold.
Key Points
- Regulatory requirement - Mandated by Australian wagering control bodies
- Protects punters - Ensures you can place reasonable bets
- Fixed odds only - Applies to fixed odds racing bets
- Profit-based - Based on potential profit, not stake
What MBL Covers
| Coverage | Applies | Details |
|---|---|---|
| Fixed odds Win/Place bets | ✓ Yes | Thoroughbred, harness, and greyhound racing |
| Tote or tote-derivative products | ✗ No | MBL does not apply |
| Racing exotic bets | ✗ No | Quinella, Exacta, Trifecta, etc. |
| Multi-leg bets | ✗ No | Not covered by MBL |
| Sports betting | ✗ No | Racing only |
MBL Thresholds
Different jurisdictions have different MBL thresholds. Common thresholds include:
| Jurisdiction | Minimum Profit | Example |
|---|---|---|
| NSW | $2,000 | Bet must be accepted if profit < $2,000 |
| Victoria | $1,000 | Bet must be accepted if profit < $1,000 |
| Queensland | $1,000 | Bet must be accepted if profit < $1,000 |
Learn More About MBL
For detailed information about Minimum Bet Limits in different jurisdictions, visit our MBL page.
Bonus Bet Limits
Maximum Bonus Bet Amount
Each bonus bet has a specific maximum value that cannot be exceeded.
- Fixed amount - Each bonus bet shows its maximum value (e.g., $50)
- Must use full amount - Cannot split bonus bets
- Cannot exceed limit - Stake cannot be higher than the bonus bet value
- Error if exceeded - You'll see an error if you try to bet more
Example
You have a $50 bonus bet:
- Maximum stake: $50
- You cannot bet $75 (even if you add your own money)
- You cannot split it into $25 + $25
- You must use the full $50 on one bet
Bonus Bet Limit Exceeded
If you see "Maximum bonus bet voucher amount is $X", reduce your stake to the maximum allowed or remove the bonus bet option.
Boost Bet Limits
Maximum Boost Amount
When using dividend boosts (Gold Rush, etc.), there's a maximum bet amount:
- Boost-specific limit - Each boost has its own maximum (e.g., $100)
- Cannot exceed - Stake cannot be higher than the boost limit
- Shown in betslip - Maximum boost amount is displayed
Example
Gold Rush boost available (max $100):
- You can bet up to $100 with the boost applied
- If you bet $150, the boost won't apply
- Reduce stake to $100 or remove boost
Boost Limit
Check the boost details in your betslip to see the maximum stake allowed with the boost applied.
Stake Entry in Betslip
How to Enter Stakes
- Type your amount - Enter your desired stake in the input field
- Use quick buttons - Click $5, $10, $20, $50, $100 for instant amounts
- Check total stake - Review the total (especially for Each Way and exotics)
- Verify potential return - See your estimated winnings
Quick Stake Buttons
Common quick stake amounts:
- $5 - Small bet
- $10 - Standard bet
- $20 - Medium bet
- $50 - Larger bet
- $100 - High stake
Quick Stakes
Use the quick stake buttons to instantly set common bet amounts without typing.
Special Stake Considerations
Each Way Bets
- Double the stake - Your entered amount is doubled (win + place)
- Example - $10 Each Way = $20 total stake
- Check total - Always verify the total stake shown
Exotic Bets
- Per combination - Stake is multiplied by number of combinations
- Example - $1 Exacta Box (6 combos) = $6 total
- Auto-calculated - Betslip shows total cost
Multi Bets
- Single stake - One stake amount for the entire multi
- Parlay options - Additional stakes for parlay combinations
- Total shown - Betslip displays total outlay
Stake Errors and Warnings
Common Stake Errors
| Error Message | Cause | Solution |
|---|---|---|
| Minimum bet amount is $0.01 | Stake is below minimum | Increase to at least $0.01 |
| Maximum bonus bet voucher amount is $X | Stake exceeds bonus bet limit | Reduce stake or remove bonus bet |
| Maximum boost bet amount is $X | Stake exceeds boost limit | Reduce stake or remove boost |
| Insufficient balance | Not enough funds | Reduce stake or deposit more funds |
Check Errors
Always check for error messages in your betslip before placing bets. They'll tell you exactly what needs to be fixed.
Account Balance and Stakes
Available Balance
- Check your balance - View available funds in your account
- Must have sufficient funds - Balance must cover total stake
- Includes pending bets - Funds in active bets are not available
Managing Your Stakes
- Set a budget - Decide how much you want to bet in total
- Divide appropriately - Split budget across multiple bets
- Leave reserves - Don't bet your entire balance at once
- Track spending - Monitor your bet history
Responsible Gambling Limits
Setting Deposit Limits
You can set limits on your account:
- Daily limits - Maximum deposit per day
- Weekly limits - Maximum deposit per week
- Monthly limits - Maximum deposit per month
Why Set Limits?
- Stay in control - Prevent overspending
- Budget management - Stick to your betting budget
- Responsible gambling - Bet within your means
Set Limits
Setting deposit limits is a great way to gamble responsibly. You can set or adjust limits in My Account > Responsible Gambling.
Tips for Managing Stakes
- Start small - Begin with smaller stakes until you're comfortable
- Use percentage betting - Bet a fixed % of your bankroll (e.g., 1-5%)
- Adjust for confidence - Bet more on strong selections, less on uncertain ones
- Track your bets - Keep records of stakes and results
- Set daily budgets - Limit how much you bet each day
- Never chase losses - Don't increase stakes to recover losses
Common Questions
What's the minimum I can bet?
The minimum stake is $0.01 per bet or per combination.
Is there a maximum bet limit?
Yes, but it varies by event, market, and account. We determine maximum limits on a case-by-case basis.
Why was my bet rejected?
Bets may be rejected due to:
- Stake exceeding maximum limit
- Market conditions
- Account restrictions
- Event status changes
Can I bet more than my bonus bet amount?
No, bonus bets have fixed maximum amounts and cannot be combined with your own funds.
What happens if I don't have enough balance?
You'll see an "Insufficient balance" error. You'll need to reduce your stake or deposit more funds.
Do exotic bets cost more?
Yes, exotic bets multiply your stake by the number of combinations. A $1 Exacta Box with 6 combinations costs $6 total.
Can I change my stake after placing a bet?
No, once a bet is placed, it cannot be changed or cancelled.