The Melbourne Cup is the biggest race in Australia, and one of the most prestigious in the world. First staged in 1861, it is racing’s leading two mile handicap, and is staged at Flemington Racecourse, Melbourne, during the Melbourne Cup Festival, every November.
As one of the best thoroughbred contests in the world, the Melbourne Cup is closely studied by race punters everywhere, and Melbourne Cup tips will being to appear weeks and months before the race as punters try to dig out the best ante-post selection at big odds. But a lot can happen before November, and some punters like to hold their fire until nearer to the race before they start searching for Melbourne Cup Betting Tips. There are lots of websites and online tipping platforms that can give you advice for the big race, so it’s a good idea to look around to find the best. When choosing your tips for this tricky event, don’t forget to check out the Melbourne Cup record of the tipster. This is a unique race and those who have come up with the winner in the past are the best option.
Speculation about the next Melbourne Cup winner starts almost as soon as the last edition is over. Antepost odds will be published throughout the year and will change a great deal as the weeks go by. Those hoping to find a top contender at big odds may find that they can get a good deal during this time, although early bets always come with risk. Melbourne Cup odds fluctuate a great deal following the entry closing date in August, and there are more shifts in the odds as late entries are announced and some contenders are withdrawn. There can also often be plenty of changes in the odds on the Saturday before the race, and this can be a good time to cash in before your selection shortens. By the time the race begins, bookmakers will have taken millions of dollars in bets.
The glory of lifting the Melbourne Cup and carving your name into the history of global racing, as well as the huge prize fund of over A$7 million, persuades some of the world’s leading trainers to send over their best staying handicappers to Victoria every November. The maximum field in the Melbourne Cup is 24, so the battle to make the final list is fierce, and if you want to make a bet before the line up is known, it’s a good idea to check the fine print of the race rules. For example, some Australian races offer automatic exemption for this race. This includes both the Caulfield Cup and the Cox Plate. The final starting field is announced on the last Saturday before the race, and is chosen on Ballot Order with race stewards having some discretion. A good way to estimate the likely line-up is to carefully examine the Order of Entry, which should offer plenty of clues.
The Melbourne Cup is known as ‘The Race that Stops a Nation’ and a global audience of millions will tune in to watch it. The full result will be announced seconds after the race is over and racing enthusiasts in every country will be able to quickly find out the result thanks to bookmakers’ sites, news organisations and social media feeds. As one of the world’s most famous races, the Melbourne Cup has been claimed by some of the sport’s greatest thoroughbreds; horses such as Phar Lap, two-time winners Rain Lover and Think Big and the only horse to have triumphed three times: Makybe Diva. Many punters seeking the winner of the Melbourne Cup will look at the results of previous years, as horses who have proved they can handle the demands of the race can often be the best bets.