Melbourne Cup Betting Gains Momentum As More Information Comes The Punters Way

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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Horse Racing Tips - A Punter's Best Friend, Save Time And Money

The harsh reality is that the horse racing industry flourishes on the backs of punters. Punters put their hard earned money on the line everyday; into a system which is designed to take that money away from them. There are many such systems out there that are structured against those participating.

Have you ever put a dollar into a slot-machine? I bet you have (pun intended), and the reality is that the machine is fixed to only return approximately 80 cents back to you - and that would be a good machine! So you win your 80 cents back, put it back in, and this time it's going to return 64 cents. You cannot win in the long term against such a system; it will take its cut straight out of your pocket.

Bookmakers and TABs all pay the racing industry commissions from the money they make from punters. And they make sure that they make that money, when they frame a market. On average the TAB will make 17% profit on a race, so when you hear someone saying "I took money off the bookies today", they're wrong. The bookies don't lose in the long run. Sure they might make a mistake and badly frame a market but they aren't in the business for charity, the money won by others is the money left over after the bookie takes a cut.

While the slot-machine is a no-win gamble, we punters are playing with a handicap. That doesn't mean we can't win, but it is not easy.

Anyone espousing an easy win is lying to you. It takes years of research, dedication, hard work and most likely a financial loss of some sort. Take a look at the people sitting around the TAB, staring at screens and putting on frenzied bets with a few seconds left to go. There's very little structure, thought, or research put into it, and the occasional win hooks them in further, mistakenly thinking that they are on the right path.

If you do what everyone else is doing, then the results you get will be the same as theirs. 98% of punters lose money in the long term, because the system is structured against them.

To win, you need to put in the hard work, or leverage off someone else's. Either way there is a cost, so if you want to get into the 2% of winners, be prepared to pay the price.

Guy is a horse racing analyst, systems developer and experienced punter.

Expert horse racing tips developed with hard work, research, sweat and tears. Find out more about how we can help you at http://tipping.guild.net.au/.

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