Betfair Exchange Markets – 2021 Spring Carnival

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:

  1. Melbourne Cup Day, $20.5M
  2. Caulfield Cup Day, $18.4M
  3. Derby Day, $17.4M
  4. Cox Plate Day, $15.4M
  5. Caulfield Guineas Day, $13.9M

Go where the value is. Your Edge. Your Way.

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.
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.

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
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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