The Melbourne Cup is Australia’s biggest horse race, and one of the richest thoroughbred contests in the world. First staged in 1861, it is the wealthiest and most prestigious two mile handicap in the sport and is held at Flemington Racecourse, Melbourne, every first Tuesday of November, as centrepiece of the Melbourne Cup Festival.
As one of the world’s major thoroughbred races, the Melbourne Cup is closely studied by punters across the world, and Melbourne Cup tips will appear months before the day of the big race as punters attempt to beat the odds and find an ante-post selection at a big price. A lot can change before November, and many punters prefer to hold on until nearer the race before finding Melbourne Cup Tips. There are plenty of websites and online tipping platforms that will provide tips for the big race, so it is a good idea to look around to find the best available. When picking your betting tips for this famous contest, be sure to check out the Melbourne Cup record of the tipster concerned. This is a quirky and unique race and those that have done well in finding the winner in the past are the tipsters to focus on.
Speculation about the next Melbourne Cup winner will begin as soon as the current year’s race is over. Antepost odds will be given by bookmakers in the months leading up to August, and will change a great deal as the weeks go by. Those hoping to find a leading contender at big odds may find some tempting prices available in this period, though there is always a risk in betting antepost as many contenders drop out before the race. Melbourne Cup odds tighten up a great deal after the final date for entries in August, though there are likely to be fluctuations in prices with late entries joining and others dropping out. There are also usually major changes in the odds on the Saturday ahead of the, so this can be a good time to cash in before your horse’s price drops. By the Tuesday of the race, bookmakers will have taken bets worth millions of dollars.
The prestige of winning the Melbourne Cup and inscribing your name into the history of Australian racing, as well as the prize fund of over A$7 million, tempts some of the world’s best trainers to enter their top staying handicappers every November. There is a field size limit of 24 for the Melbourne Cup, and competition to get in is fierce, so if you are thinking of having a bet before the final field is known, make sure you are aware of the racing conditions. For example, four Australian races: The Bart Cummings, The Caulfield Cup, The Cox Plate and The Lexus Stakes offer automatic exemption for the Melbourne Cup The final field is chosen on the last Saturday ahead of the race, and is based on Ballot Order and the discretion of the race stewards, but the best approach to working out the likely starters is to look at the Order of Entry, which will give you an idea of the likely contenders.
The Melbourne Cup is one of the most watched races in the world, followed by millions around the world. The final race result will be declared within seconds of the finish and will be available immediately to racing fans in every country via bookmakers’ sites, news organisations and social media. One of the world’s most famous races, the Melbourne Cup has been claimed by some of the sport’s top horses, including Phar Lap, two-time winners Rain Lover and Think Big and the only horse that won the race on three occasions: Makybe Diva. Many punters aiming to find the winner of the Melbourne Cup will study the results of previous years, as horses that have shown they can cope with the demands of this race are often good bets in later years.