Melbourne Cup Betting

The following article includes pertinent information that may cause you to reconsider what you thought you understood. The most important thing is to study with an open mind and be willing to revise your understanding if necessary.

Each November every person with even the slightest connection to the sport of thoroughbred horse racing cannot wait for Melbourne Cup betting action at Flemington racecourse. Form at Flemington Racecourse is worth looking at but being such a big track most handle it pretty well.

Melbourne Cup betting pools are high, as you would expect from one of the richest races in the world; in 2006 the total prize money was AUD$5 million. It is a Group 1, 3200 metres handicap, which is run at 3.10pm AEST, on the first Tuesday in November.

Cup Day is also the centrepiece of the four race days of Cup Week, with race-goers taking a festive approach to the day. It is the peak of the Spring Racing Carnival - when champagne and canape's, huge hats and race track fashions sometimes overshadow the business of the day - horse racing. For many Melburnians, it is truly the event of the year. It's a day when the nation stops whatever it's doing to listen to the race call, or watch the race on TV and even those who don't usually bet buy a ticket in a sweep.

You can see that there's practical value in learning more about Melbourne Cup Betting. Can you think of ways to apply what's been covered so far?

Punters can get a fixed price right up to the start of the race and can place bets from home or work via the internet or phone.

Melbourne Cup Day provides a betting bonanza and it can pay to bet on outsiders in the big race, as the odds of recent winners shows - Makybe Diva was 7-1 for her first Cup, Ethereal 9-1, Brew 14-1, Rogan Josh 5-1, Jezabeel 6-1, Doriemus 13-2 and Jeune 16-1.

Don't forget to find a few roughies at Flemington racecourse - longshots often fill a placing on Melbourne Cup Day and exotic bets such as trifectas and first fours can pay extremely well.

I hope that reading the above information was both enjoyable and educational for you. Your learning process should be ongoing - the more you understand about any subject, the more you will be able to share with others.