During his career on the race track, Carbine started 43 times for 33 wins, six seconds and three thirds, failing to place only once due to a badly split hoof. Carbine, nicknamed "Old Jack", was undefeated in five starts in top-class races as a two-year-old in New Zealand. He then was taken to Australia, where he won nine of 13 starts as a three-year-old. One highlight that year was his win in the AJC
Sydney Cup of 2 miles (3,220 metres) carrying 12 lb (5.5 kg) over weight-for-age. Despite suffering interference at the half-mile post and being buffeted back to last place, Carbine won by a head in a record time of 3 min 31 s. (Race times were slower in Carbine's era than now due, among other factors, to the rough state of tracks and the upright posture in the saddle assumed by 19th-century
jockeys.) At the end of his three-year-old racing season, Carbine was sold by his owner-trainer Dan O'Brien for 3,000 guineas and prepared by his new owners for racing in
Sydney and
Melbourne. As a four- and five-year-old, Carbine won 17 of what would prove to be his last 18 races. On four occasions Carbine won twice on the same day. His victory in the
1890 Melbourne Cup was noteworthy. He set a weight-carrying record of 10 st 5 lb (66 kg) in the Cup, defeating a field of 39 starters and setting a record time for the race. He carried 53 lb (24 kg) more than the second-place horse, Highborn. Carbine was owned for most of his Australian career by Donald Wallace, a wealthy horse-breeder, investor, and Member of the Victorian Parliament. Walter Hickenbotham, a prominent Melbourne-based horseman, trained him. Wallace and Hickenbotham planned to enter Carbine in the 1891 Melbourne Cup and other major events of that year's turf calendar but a chronic heel injury thwarted their intentions, and Carbine was retired to Wallace's stud. ==Stud record==