With the arrival of another Spring Carnival, let’s take a look at what you can expect to see from a Betfair Exchange market perspective and also take a glance at how last year’s Carnival performed.
Spring 2020
Last year saw a whopping 42,456 markets settled across all racing codes between Memsie Stakes Day and Stakes Day. This was a 37% year-on-year increase due to the addition of Head to Head, Greyhound Exactas and 4 To Be Placed markets.
Across the Spring, our Market Operations team settled markets with 100% accuracy across all feature thoroughbred meetings, whilst also achieving an average settlement speed of just 17 seconds.
The Top 5 meetings for traded volume were as follows:
- Melbourne Cup Day, $20.5M
- Caulfield Cup Day, $18.4M
- Derby Day, $17.4M
- Cox Plate Day, $15.4M
- Caulfield Guineas Day, $13.9M
Antepost Markets
Our Antepost offering has again increased, with 34 Antepost markets across VIC, NSW, and WA. This number is up from the 24 Antepost markets offered last year.
The below outlines our process for an Antepost market:
- Antepost markets are suspended with necessary admin undertaken at all nomination and acceptance stages.
- At Final Acceptances, they are suspended and never reopened again after that point.
- At this point, we will endeavor to get a final fields market up for the race as soon as possible.
DATE | ANTEPOST MARKET |
---|---|
Saturday, 21 August | Winx Stakes |
Saturday, 28 August | Memsie Stakes |
Saturday, 11 September | Makybe Diva Stakes |
Saturday, 18 September | Rupert Clarke Stakes |
Saturday, 18 September | George Main Stakes |
Friday, 24 September | Moir Stakes |
Saturday, 25 September | Golden Rose |
Sunday, 26 September | Underwood Stakes |
Saturday, 2 October | Epsom Handicap |
Saturday, 2 October | The Metropolitan |
Saturday, 2 October | Flight Stakes |
Saturday, 2 October | Turnbull Stakes |
Saturday, 9 October | Caulfield Guineas |
Saturday, 9 October | Toorak Handicap |
Saturday, 9 October | Caulfield Stakes |
Saturday, 9 October | Spring Champion Stakes |
Wednesday, 13 October | Thousand Guineas |
Saturday, 16 October | Caulfield Cup |
Saturday, 16 October | The Everest |
Friday, 22 October | Manikato Stakes |
Saturday, 23 October | Cox Plate |
Saturday, 23 October | The Invitation |
Saturday, 30 October | Coolmore Stud Stakes |
Saturday, 30 October | Empire Rose Stakes |
Saturday, 30 October | Kennedy Cantala Stakes |
Saturday, 30 October | The Golden Eagle |
Saturday, 30 October | Victoria Derby |
Tuesday, 2 November | Melbourne Cup |
Thursday, 4 November | Kennedy Oaks |
Saturday, 6 November | Mackinnon Stakes |
Saturday, 6 November | Darley Sprint Classic |
Saturday, 20 November | Railway Stakes |
Saturday, 27 November | Winterbottom Stakes |
Saturday, 4 December | Kingston Town Classic |
Extra markets
This year’s Carnival will see the addition of Exacta and Quinella markets across all major Victorian race meetings, as well as running across Wednesday metro and Friday night Moonee Valley meetings.
In terms of 4 To Be Placed markets, this year’s Carnival will see 183 races carry this market type, up from 63 races across last year’s Carnival. Along with Head to Head markets, this year’s offering shapes to be our most expansive yet.
Some more detail on each market type is given below:
Head to Heads – Our H2H (AvB) offering will continue to be offered in line with our standard offering. Although, during Spring Carnival, the following additions will be made:
- All non-NSW Group 1 races will feature 2 x H2H markets.
- Any NSW Group 1 race will feature 1 x H2H market.
4TBP – These markets have played a huge part in our offering in recent years and will continue to be offered on all major Victorian metropolitan race meetings during the Spring Carnival. There will also be other ad-hoc Group Races on other race days where this market type will be offered.
Exactas/Quinellas – This is a new addition to the offering that has been introduced. We will continue to offer these markets on all major Victorian metropolitan race meetings throughout the Spring Carnival.
4 TBP MARKETS ON ALL RACES | |
---|---|
Date | Meeting |
Saturday, 28 August | Caulfield |
Saturday, 4 September | Moonee Valley |
Saturday, 11 September | Flemington |
Saturday, 18 September | Caulfield |
Friday, 24 September | Moonee Valley |
Sunday, 26 September | Sandown |
Saturday, 2 October | Flemington |
Saturday, 9 October | Caulfield |
Wednesday, 13 October | Caulfield |
Saturday, 16 October | Caulfield |
Friday, 22 October | Moonee Valley |
Saturday, 23 October | Moonee Valley |
Saturday, 30 October | Flemington |
Tuesday, 2 November | Flemington |
Thursday, 4 November | Flemington |
Saturday, 6 November | Flemington |
4TBP MARKETS ON GROUP RACES ONLY | |
---|---|
Date | Meeting |
Saturday, 7 August | Flemington |
Saturday, 14 August | Caulfield |
Saturday, 14 August | Morphettville |
Saturday, 16 October | Ascot |
Wednesday, 20 October | Geelong Cup |
Wednesday, 27 October | Bendigo Cup |
Saturday, 30 October | Ascot |
Saturday, 6 November | Ascot |
Market activation timelines
Spring Feature Races* | Friday Night and Saturday Metros (non-feature races) | Non-feature races at midweek feature meetings (e.g. Cup Day/Oaks Day) | Melbourne Cup Race | Standard Meetings | |
---|---|---|---|---|---|
Win & Place | ASAP – After Final Acceptance | Wednesday Afternoon | 3-4 days in advance depending on when acceptances are finalised | ASAP after barrier draw (Saturday 30th Oct) | Afternoon before race (4:15-4:30pm) |
H2H | Day Before Race | Morning of Race | Morning of Race | Same time as Win & Place | Morning of Race |
4TBP | Same time as Win & Place | Day before race | Day before race | Same time as Win & Place (as well as 5TBP, 8TBP and 10TBP) | N/A |
Exotics | Morning of Race | Morning of Race | Morning of Race | Same time as Win & Place | N/A |
*This table is a guide and may be subject to change.
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