The Melbourne Cup is Australia’s greatest horse race, and one of the wealthiest thoroughbred contests in the world. First held in 1861, it is the most prestigious two mile contest in the sport and is staged by Flemington Racecourse, Melbourne, on the first Tuesday of every November, as the key race of the Melbourne Cup Festival.
As one of the world’s top thoroughbred races, the Melbourne Cup is keenly studied by punters across the globe, and Melbourne Cup tips will appear long before the day of the big race as punters try to beat the odds and come up with an ante-post selection at a big price. A lot can change before the autumn, and many punters prefer to wait until nearer the race before seeking out Melbourne Cup Betting Tips. There are many websites and online tipping platforms that will provide tips for the race, so it is a good idea to look widely for the best available. When choosing your betting tips for this popular contest, be sure to check out the Melbourne Cup record of the tipster you are looking at. This is a quirky and unique race and those to have done well in finding the winner previously are the best to follow.
Speculation over the next Melbourne Cup winner will get underway as soon as the current year’s race is over. Antepost odds will be published by bookmakers throughout the year, and will fluctuate as the weeks pass. Those hoping to get a leading contender at big odds may find some great prices available in this period, though there is always the risk of seeing your contender drop out before the race when you bet far in advance. Melbourne Cup odds shorten up a great deal after the last date for entries in August, though there will also be fluctuations in prices when late entries join and others drop out. There are also big changes in the odds during the Saturday ahead of the contest, so this can be a handy time to cash in before your horse’s price falls. By the Tuesday of the race, bookmakers will have accepted bets worth tens of millions of dollars.
The prestige of claiming the Melbourne Cup and writing your name into the history of Australian racing, as well as the prize fund of more than A$7 million, tempts many of the world’s best trainers to bring over their top staying handicappers every November. There is a field size limit of 24 in the Melbourne Cup, and the tussle to get in is fierce, so if you are planning to have a bet before the final field is declared, make sure you know the racing conditions. For example, four Australian races: The Bart Cummings, The Caulfield Cup, The Cox Plate and The Lexus Stakes provide exemption for the Melbourne Cup The final field is announced on the last Saturday ahead of the race and is drawn from Ballot Order and race steward discretion, but the best approach to working out which horses will start is to check out the Order of Entry, which will clue you in to the likely contenders.
The Melbourne Cup is one of the most popular races in the world, followed by millions around the globe. The final race result will be announced seconds of the finish and will be spread immediately to racing fans everywhere via bookmakers’ sites, and social media. One of the world’s most prestigious contests, the Melbourne Cup has been won by some of the sport’s best horses, including Phar Lap, two-time winners Rain Lover and Think Big and the only horse to have won the race on three occasions: Makybe Diva. Many punters aiming to come up with the winner of the Melbourne Cup will look at the results of previous years, as horses that can cope with the demands of this race can be good bets in later years.