Queensland racing officials have rescheduled several major races after the industry was hit in the hip pocket by the abandonment of the Tattersall's meeting at Eagle Farm on Saturday.

The south of Queensland lost meetings at Eagle Farm, Doomben, the Gold Coast, Gatton and Ipswich in just three days.

It meant more than $500,000 in prizemoney was put on hold and an estimated $20 million in betting turnover lost due to the washouts.

Stewards and race officials were confident the Eagle Farm meeting would go ahead on a heavy 10-rated track on Saturday despite the racecourse being inundated with 163mm of rain.

At 6am on Saturday stewards had no hesitation in declaring the meeting could go ahead.

There was further hope when the sun poked through the clouds shortly after 9am but the rain clouds rolled back in shortly after 10am.

A further 20mm of rain was dumped on the course leading to a further inspection by stewards.

Course manager Bill Shuck said Eagle Farm had now received about 640mm of rain this year.

"Our yearly average is 1000mm so we have had nearly half the total in the first two months of the year.

"For all that the track was safe when we inspected it this morning. We put two horses over it and the jockeys rated it perfectly safe.

"But to get that further 20mm in an hour was just too much," Shuck said.

Racing Queensland officials hope to run the Tattersall's Members' Cup and the 1000m open handicap at Eagle Farm on Wednesday, the feature two-year-old race at Doomben next Saturday and the three-year-old stakes race at Caloundra on Sunday week.