The Ins and Outs of Golden Slipper Betting

by Maisie

Introduction to Golden Slipper Betting

The Group 1 Golden Slipper is the most popular and lucrative race for 2yo horses in the world with a total prize pool of $5M with a $1M bonus for horses who have won nominated lead up races. The “Slipper” as it is referred to is the feature race on the card at Rosehill on a race day that features five Group 1 races. The race day attracts a worldwide audience 

The 2023 Golden Slipper was run on Saturday 18th March and won by the beautifully bred colt SHINZO owned by the mega Coolmore Stud stable. 

The History and Legacy of the Golden Slipper race

Run over 1200m at Rosehill the Golden Slipper dates back to 1957 when it was won by the legendary Todman. A win in the race is seen as a career defining moment with a number of winners going on to enjoy successful stud careers. In all, eight Golden Slipper winners have gone on to sire subsequent Slipper winners.  

However, not all the excitement is on the track! Australia’s richest man Kerry Packer owned the 1996 winner Merlene while advertising guru John Singleton and former Prime Minister Bob Hawke enjoyed success with Belle De Jour in 2000. Singleton and Hawke famously shouted drinks for everyone in the public area at Rosehill that day much to the dismay of those in the members enclosure!   

Understanding the basics of Golden Slipper Betting

Run over 1200m at Rosehill, the Golden Slipper is a test of both speed and stamina for the young horses. The speedsters in the race struggle to maintain the gallop for the full 1200m of the race, while the stronger horses need to be close enough to the lead to feature in the finish! 

The 1200m start at Rosehill begins at the end of a chute before horses reach the course proper after 400m. There are two bends before the horses fight out the finish down the straight. 

Barrier positions are crucial with horse caught wide using up their energy before the home straight. Horses drawn towards the inside also have concerns with jockeys needing to navigate around tiring horses in the run home. It makes for an exciting finish. 

Tips and tricks for betting on Golden Slipper race

As in horse racing betting, the key to finding the winner of the Golden Slipper is doing the form. There are a number of key lead up races including the Blue Diamond, Magic Millions, Silver Slipper, Skyline Stakes, Sweet Embrace and Todman Stakes. Horses that run well in those races tend to do well in the Slipper.

A horse who has run well in the lead up races, has a good jockey and a low barrier draw would be a good place to begin the form!

The Different Types of Golden Slipper Bets and how they work

There are a variety of bet types available on the Golden Slipper and below are the most popular: 

A Win bet is the simplest option available when it comes to betting.Punters eagerly analyze the Golden Slipper betting odds, as they vary based on the bookmaker’s estimation of the horse’s likelihood of winning.  Odds vary depending on the bookmaker’s opinion of the horse’s chance of winning, known as the betting odds

For less confident bettors, Place betting might be more suitable. Rather than placing a bet on a horse to win, it is a bet on a horse finishing in the top 3. The odds are lower but there are three chances to collect! 

The third option available for bettors is Each-Way betting. This is a bet on a horse to both win or place. If your horse wins you collect on both types of bets with a smaller payout if the horse finished 2nd or 3rd

Golden Slipper Day features a number of quality races and is one of the most exciting days on the racing calendar. This presents a chance to place Multi Bets. Bettors choose horses to win in multiple races throughout the day, with the odds multiplying with every win. This provides an opportunity for a substantial collect for a small outlay. 

Conclusion

With a rich and varied history, there is no doubting the significance of the Golden Slipper. The world’s richest 2yo race continues to provide great theatre and excitement. Visit Palmerbet.com for all the latest Golden Slipper odds and news. 

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