The Melbourne Cup is the most important race in Australia; and among the most prestigious in the world. First run in 1861, it is racing’s top two mile handicap, and is held at Flemington Racecourse, Melbourne, at the height of the Melbourne Cup Festival, every November.
As one of the top horse races in the world, the Melbourne Cup is keenly studied by race punters everywhere, and Melbourne Cup tips will start to appear months before the race, as punters attempt to find the best ante-post selection at big odds. But a lot can happen in the months before November, and some punters like to hold their fire until nearer to the race before looking for Melbourne Cup Betting Tips. There are plenty of websites and online tipping platforms that will offer you advice for the big race, so it is worth looking around to find the best. When picking your tips for this tricky event, don’t forget to look up the Melbourne Cup record of the tipster. This is an unusual race and those who have come up with the winner previously are the tipsters to go for.
Speculation over the next Melbourne Cup winner starts immediately after the last edition is over. Antepost odds will be released throughout the year and will alter a great deal as the weeks pass. Those looking for a top contender at a big price may find that they will be able to get good odds during this time, although obviously, early bets always come with risk. Melbourne Cup odds change a great deal with the closing date for entries in August, and there are more fluctuations as late entries are announced and a few contenders are withdrawn. There can also often be plenty of prices shortening on the Saturday before the race, and this can be a good time to cash in while your selection is a good price. By the time the race starts, Aussie bookmakers will have taken millions of dollars in bets.
The glory associated with lifting the Melbourne Cup and writing your name into the history of global racing, together with a huge prize fund of more than A$7 million, tempts the world’s leading trainers to send their top staying handicappers to Victoria every November. The maximum field in the Melbourne Cup is 24, and the battle to make the final list is fierce, so if you want to have a bet before the line up is known, it can be a good idea to check the fine print in the race rules. For example, many Australian races provide exemption for the Melbourne Cup, including the Caulfield Cup and the Cox Plate. The final starting field is declared on the final Saturday before the race, and is picked in Ballot Order with race stewards having a degree of discretion. A useful way to estimate the likely line-up is to study the Order of Entry, which should give plenty of clues.
The Melbourne Cup is known in Australia as ‘The Race that Stops a Nation’ but a global audience of millions will also tune in to watch it. The full result will be declared soon after the race is over and racing enthusiasts across the world will be able to discover the result quickly thanks to bookmakers’ sites, news outlets and social media.One of the world’s most famous races, the Melbourne Cup has been won by some of the sport’s great horses; such as Phar Lap, two-time winners Rain Lover and Think Big and Makybe Diva, the only horse to have won it three times. Many punters looking for the winner of the Melbourne Cup will study the results of previous years, since horses who have proven they can cope with the demands of this quirky race are often the best bets.