Horse Racing Tips and Best Bets 05/08/26

Katherine Mouradian
By: Katherine Mouradian
Today's Racing Tip - Wednesday

Best Bets of the Day

Before you even think about placing your bets for today, make sure you check out what the BettingTop10 experts have to say! We go through some of the biggest races of the day and lock in our three most confident plays. Our horse racing tips are also updated daily, so check in with us again tomorrow.

Today’s Best Bets

I’ve done my typical digging through the racecards for today and found three runners that really stand out. These are my official horse racing betting tips for today, and I’ve also included the odds for each runner across three different bookmakers.

check-smallBest Odds provided

Racecourse & Time Horse Name Bet Type 

22BET

20bet

Ivibet
Hobart - Race 4, 3:29 PM2. MegalitaWinNZ$2.00NZ$2.00NZ$2.00
Cranbourne - Race 6, 5:20 PM3. Alien AngelWinNZ$2.625NZ$2.90NZ$2.90
Canterbury - Race 7, 6:20 PM1. ConchieroWinNZ$6.00NZ$7.00NZ$7.00
Hobart - Race 4, 3:29 PM
Horse Name 
2. Megalita
Bet Type 
Win

22BET

20bet

Ivibet
Cranbourne - Race 6, 5:20 PM
Horse Name 
3. Alien Angel
Bet Type 
Win

20bet

Ivibet
Canterbury - Race 7, 6:20 PM
Horse Name 
1. Conchiero
Bet Type 
Win

20bet

Ivibet

Hobart - Race 4, 3:29 PM

horse-racing

Top Pick: 

2. Megalita

tip

Recommended Bet Type:

Win

winner

Best Odds Available:

NZ$2.00 with 22Bet

Quick Analysis:

Kicking the day off in Hobart, and I like the look of Megalita, who comes into this one in some good form. The gelding has a recent win and second placing (by just 0.75L) under her belt, both at Devonport Synthetic. He draws barrier one, which puts him over the edge in my eyes. Jockey Kelvin Sanderson sticks, and the pair are good enough to overcome the weight.

Cranbourne - Race 6, 5:20 PM

horse-racing

Top Pick: 

3. Alien Angel

tip

Recommended Bet Type:

Win

winner

Best Odds Available:

NZ$2.90 with 20Bet

Quick Analysis:

In Cranbourne now, and it’s hard to go past Alien Angel. The 4YO does draw wide for this one, but with rain about, wide may be the place to be later in the day. She broke her maiden last time out at this track, and the extra 100m she tackles in this one shouldn’t be of any concern. When racing against her own sex, she’s certainly good enough to win this.

Canterbury - Race 7, 6:20 PM

horse-racing

Top Pick: 

1. Conchiero

tip

Recommended Bet Type:

Win

winner

Best Odds Available:

NZ$7.00 with Ivibet

Quick Analysis:

I reckon I’ve found a value play in the last today at Canterbury. Conchiero is currently going around at the $7.00 mark, which is a great each-way price. The gelding put in a good effort last time out, finishing third at Kensington, and he gets another crack at BM72 level. He’ll need some breaks at the right time from the wide barrier, but he’ll take advantage of it if he gets them.

Stats and Insights

  • Sharpassa was only narrowly beaten first-up at Northam and looks well placed back in metro company. She can go one better in Race 4 at Belmont.
  • Tam Na Ghar resumes after a break and has looked sharp with a recent trial placing. She can pop up there at almost double-digit odds in Race 7 at Doomben.
  • Collated should strip fitter after his latest run and has scope to improve second-up. He can work into the finish in Race 8 at Murray Bridge.

Katherine is a sports betting and igaming writer from Sydney, Australia. She has worked within the sports industry for almost a decade now, which spans virtually her entire working career. Her passion for sports began at a very young age, and now she can’t go a day without watching sports. She has previously worked at one of the biggest horse racing sites in Australia, as well as at an Australian bookmaker.