Melbourne Cup 2017 Edition – the Pinnacle of Australia’s Racing Calendar
Bookies and horse race pundits eagerly away for the pinnacle of Australia’s racing calendar. The event, Emirates Melbourne Cup is also called the ‘Race that Stops a Nation’ is Australia’s signature Thoroughbred horse race.
The race condition is called ‘handicap’ which is for horses 3 years old and over. The horse race is run over a distance of 3,200 meters. The minimum handicap weight is 50 kg, there is no weight limit, but the allocated weight must not be less than 57 kg.
Every year, it is held on the first Tuesday of the month of November at the Flemington Racecourse as part of the annual Melbourne Cup Carnival that locals and tourists flock to.
Horse Race Prize Money
The total prize money for the Melbourne Cup 2017 edition is a whopping A$6.2 million. Since 2012, this amount was award to the winner of the horse race which is the richest or largest prize awarded to the winner of any sport in Australia. The Cup has gone a long way from the first Melbourne Cup race in 1861. That year, it was won by Archer with a first prize of a gold watch and 170 pounds.
Presently, aside from the A$6.2 million prize money, winners also receive a solid gold trophy that is estimated to be worth $175,000 and some other cash bonuses.
Tips on Betting and Odds
Preparing for the Melbourne Cup as a bookie or punter starts as earlier than the day field information is made public. If you are looking for handy tips as early as today to make the Cup day your profitable day, you can make use of your own betting methods in the meantime. However, the statistics of the big race can be more than handy.
Here are some tried and tested tips for you to cash in on the Melbourne Cup.
- Pay attention to Lead Up Events
Pay attention to the lead up races. This advise is gold as some of the important events before the Melbourne Cup indicate valuable information. Lead Up races such as the Mackinnon Stakes, the Lexus Stakes which is formerly called the Saab Quality, the Moonee Valley Cup, the Cox Plate and the Caulfield Cup can help you speculate the form of the Melbourne Cup.
- Don’t always go with the crowd favorites.
When it comes to the Melbourne Cup, outside chances also perform well. Yes, it’s good to pay heed to favorite’s statistics, but you should also consider other chances. With that being said, we should also keep in mind that favorite horses do have a good history in this race. The statistics say crowd favorites win 35 out of 150 races which amounts to 23%.
- Check out Exotic bets
Exactas, quinellas and superfectas are exotic betting options you should keep your eye on. These options can also be extremely profitable especially when there is an overwhelming favorite in the field.
- Check out unveiled barriers on the Victoria Derby Day
The seasoned and successful punters will always consider the importance of the barrier draw. They will be eagerly waiting for the barriers unveiled at the Victory Derby Day on the 3rd of November.
Betting and odds cannot be analyzed as the fields are yet to be announced. We suggest that as early as now, you should start exploring offers from several book makers. We would even go as far as suggesting that you should open an account with several reputable bookies such as William Hill, Crownbet, Lodbrokes, Bet365, and so on. Take advantage of what they have to offer, plus you can enjoy multiple free bets for the 2017 Melbourne Cup in Victoria along the way.
The Race that Stops a Nation
The Melbourne Cup is the premier horse race in Australia that is renowned around the world. Winners includes many Aussie racings legends such as Archer, Carbine, Phar Lap, Peter Pan, Rain Lover and the Cup’s champion of champions is Makybe Diva.
This year, the Flemington racecourse administration predicts that it will be conducted in a party atmosphere, attended by the who’s who of the social circles and the racing industry, including fashionistas, socialites and politicians.
The Emirates Melbourne Cup is the best staying handicap in the world with the richest prize in Australian sport. The 18ct solid gold trophy and the significant international standing of the winner makes the race history in the making. This year, the official flower for Emirates Melbourne Cup Day is the Yellow Rose.
Schedule for the 2017 Emirates Melbourne Cup Day
The Melbourne Cup Day happens on the first Tuesday of November. This year, it falls on the 7th of November.
Races are held for the whole day and festivities last from morning to night. The race for A$6.2 million or the actual Melbourne Cup will be held at 3:00PM Eastern Daylight-Saving Time.
The Melbourne Cup Race is the 7th race of the day which starts at 3pm, but races start at 10 in the morning.
The winner of the 2017 Melbourne Cup will run the entire 3200m for 3mins 20secs approximately. The current race record of the Cup is 3mins 16secs 3milisecs by Kingston Rule way back in 1993.
The 2017 Melbourne Cup race schedule and field will not be announced until Saturday evening.