How To Bet On Melbourne Cup

2021年11月26日
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*Melbourne Cup Day
*Melbourne Cup Results
*2017 Melbourne Cup FieldIt’s the biggest race on the Australian sporting calendar but who’ll take top spot? Here are your latest best bets to take the top prize..
Simply pick the runner that you think will finish 1st in a race. You can choose to place a Tote Win bet where the price will continue to fluctuate up until the race start or a Fixed Odds bet where your price is.
It’s the biggest race on the Australian sporting calendar but who’ll take top spot? Here are your latest best bets to take the top prize.
Picking a winner is never easy.Source:Getty Images
Melbourne Cup day is the biggest day of the year for betting.
Even people who don’t usually gamble will slap down a bet or two on the race that stops the nation.
*Bet on the 2020 Melbourne Cup. If you are a new customer, you can JOIN NOW or download the TAB app on your Android or iOS device. It only takes a few minutes to sign up. If you open an account on Melbourne Cup Day, your account is available for use all year round.
*If you’re going to bet, do so responsibly. The simplest and most straightforward bet is called a ‘win’. With this option, if the horse you picked finishes first then you win. If it doesn’t, then you don’t.
However, we know for things can get confusing when it comes to actually placing a bet.
But fear not because we have prepared an explainer of some of the most common bets so you don’t look out of place when you head to the TAB.
WIN OR PLACE
This is one of the most straightforward bets you can choose, so if you want to keep things simple go for one of these.
In this type of bet you pick a horse and are betting it will win or place in the race.
With a Win bet you simply pick the runner you think will finish first in a particular race. If your hose finishes first then you win. Curacao gaming license cost.
So if the odds for the horse are $15 and you put on $10 for the win, you’ll get $150 back if it finishes first.
With a Place bet you choose a runner and if they finish first, second or third then you get to collect your win. You get a dividend for third place in a race with eight or more runners.
The payout is slightly less than a Win bet but you have more chance of winning.
EACH WAY
An Each Way bet is a combination of both a Win and Place bet
So if your horse comes first you collect a dividend for both the Win and Place bet.
Decimal to american odds. If your runner comes second or third you only collect money for the Place bet.
QUADDIE
In this type of bet you must chose winners for four different races nominated by the TAB.
You can select any number of possible winners for each race. The number of horses you pick will determine how much you pay.
Quaddie dividends are for a $1 unit.
For example, if you wanted to pick three horses in the first leg, seven for the second, one for the third and four for the last leg then that comes to 84 possible combinations.
To receive 100 per cent of the dividend then it will cost $84 for the one unit.
TRIFECTAMelbourne Cup Day
In this type of bet you will choose the horses that will come first, second and third.
The horses you choose must finish in the correct order for you to collect your payout.
If you want a higher chance of winning there is an option to box your Trifecta, which means you will win if your three horses come first, second and third in any order.Melbourne Cup Results
However, depending on how many horses you box, this option costs more than the standard $1 unit.
FIRST4
This bet is the same premise as the Trifecta but instead of picking the first three horses, you must pick the first four.
Again, in order to collect your payout your chosen horses must place first, second, third and fourth in the correct order for a $1 unit, or you can box the horses like in the Trifecta above.2017 Melbourne Cup Field
QUINELLA
For this bet you choose two horses to place first and second in a particular race.
Unlike a Trifecta or First4 your horses can place in any order so long as they are the first two to cross the finish line.
EXACTA
Similar to the quinella, but you must choose the first two across the line in the correct order.
Picking which horse you like is hard enough, let alone actually betting on them.Source:Getty ImagesBet on Melbourne Cup
*Grade: Three-year-olds and up
*Distance: 2 miles (16 furlongs, 3200 meters)
*Track: Turf
*Purse: $6,200,000 AUS
The Melbourne Cup is Australia’s major thoroughbred horse race. Marketed as ’the race that stops a nation’, it is a 3,200 meters race for three-year-olds and over. It is the richest ’two-mile’ handicap in the world, and one of the richest turf races. Conducted annually by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria, the event starts at 3pm (daylight saving time) on the first Tuesday in November.
The first race was held in 1861 over two miles (3.219 km) but was shortened to 3,200 meters (1.988 mi) in 1972 when Australia adopted the metric system. This reduced the distance by 18.688 meters (61.312 ft), and Rain Lover’s 1968 race record of 3:19.1 was accordingly adjusted to 3:17.9. The present record holder is the 1990 winner Kingston Rule with a time of 3:16.3.Melbourne Cup OddsHorses - Melbourne Cup - To Win - Updated January 27, 2021 16:03:03
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For the latest Melbourne Cup odds, please login into BUSR and check the racebook.
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