Melbourne Cup betting odds are already being offered even though the race that stops a nation is still a few months away.
The Melbourne Cup is a 3200 meter open handicap race of horses that must be at least three years old. Held at the Flemington racecourse on the first Tuesday of November every year, the race pulls in a crowd of more than 100,000 to see their favorite stallion pull away ahead of the others to pocket the $3.3 million first prize. Others will not be going empty-handed either with even the tenth place finisher grabbing a handsome $115,000 of the prize money pool of $6,175,000.
Horse racing fanatics plan their Melbourne Cup betting days in advance.
They peer closely over the statistics of the participating horses and the jockeys. There are special race books published on the occasion that presents a careful analysis of the horses involved and other factors that can influence the outcome of the race.
Punters eagerly lap up Melbourne Cup tips and are always on the lookout for information that can help them improve the chances of backing the winning horses. Most of them bet heavily and therefore would like to be doubly sure that they have considered all the factors properly.
The Melbourne Cup 2011 nominations closes on 2nd August and the handicaps will be out by 31 August 2011. The barrier draw will be announced on 29th October. The D-day is on 1st November, 2011.
The All in Betting is one of the most popular forms of Melbourne Cup betting among the punters. It allows you to bet on a runner at inflated odds and is generally associated with early betting, much before the actual event. The betting is a high-risk but extremely exciting way to wager on the horses because you are not even sure that the colts you are backing will even be seen in the line-up. Quite naturally, you lose everything if your horse does not feature on the field on the big day.
Australians all over the world drop everything that they are doing on the race day to catch with this historic event. Life comes to a standstill and the only thing discussed is the race. Such is the popularity of the race that a public holiday is declared in Melbourne and in most other parts of Australia.
Websites such as Horse Racing Offers gives comprehensive information about the most prestigious and popular horse racing event in Australia including information about important events being held in this year Melbourne Cup betting. You can also watch videos from earlier races on the site and access information about the situation in the betting markets.
Horse race betting is a favorite pastime among Australians. Online horse betting portals make it easy for the enthusiasts to bet anywhere, anytime.
Melbourne Cup betting websites provide you all the information you need to cover your stakes. The Melbourne Cup is Australia's biggest horse racing event with Aussies all over the world following the race with a fanatic fervor.
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