Fixed price betting melbourne cup tips
More than million people worldwide are expected to watch the th running of the Melbourne Cup — and it will be all the more exciting for those who have a little money invested in the result. For those casual punters looking to make their one yearly bet on the horses, we take a quick look at how the odds and payouts work and what if any sensible betting choices can be made.
How odds work The odds given to each of the 24 horses running in the Melbourne Cup this year before any scratchings are typically presented as a dollar amount. In a nutshell, the more bets a horse attracts, the lower its payout will be adjusted and vice-versa. This means that odds are continually changing in the lead-up to the big race.
Also, for most off track betting only totaliser bets are legal. In a fixed odds bet, the odds displayed at the time you make your bet are locked in for your bet. Be assured any legal odds maker knows more about the true odds than all but the most skilled betters. In the Melbourne Cup , fixed odds bets can be made when betting on a horse to win or place in 1st, 2nd or 3rd.
In a parimutuel bet — also known as a totaliser or totes bet — the odds displayed at the time you make your bet are only an approximation of what your payout will be if you win. This approximation improves as the race draws closer. If you place a bet on a particular horse to win, and it does, you will split a pool of winnings amongst all other punters who made the same bet. Why odds are skewed on big race days The crucial difference between the fixed odds bet and the totes bet is that in the latter, your payout is unknown until after the race is over.
Since you are in a betting pool when you make a totes bet, the more punters make the same bet as you, the more ways you will have to split the pool. Hence, if you enter into a totes bet, you will want to avoid what others are doing! Six-year-olds have an outstanding recent record in the Melbourne Cup results with five winning between — The last three-year-old to win the Cup was Skipton in In the year , Eight-year-old galloper Twilight Payment became the third horse of that age to salute in the race that stops the nation.
Saddle Cloth Numbers This is more luck based than anything! The winningest Melbourne Cup saddlecloth: 4 saddlecloth — 12 winners Number 12 has 11 wuns, Number 1 has 10 wins. Numbers 5, 6, 8 and 11 all have 9 wins equally. Numbers 2 and 19 have 7 wins. In the lead up to the Melbourne Cup, the odds will change often. Those who place their bets early will secure the best odds. It pays to back a horse at its best odds so you should compare the odds between bookmakers.
Bookies will usually agree on a horse's price, but sometimes there are significant discrepancies. Exotic Bets For the Big Wins Picking a winner is fun, but it's not usually where the big winnings are; exotic betting is where the money is. The most common types of exotic bets include exactas, quinellas, superfectas and, of course, the coveted trifecta.
Picking the Melbourne Cup trifecta is every punter's dream. When doing your Melbourne Cup homework, look out for Melbourne Cup tips on the field's most impressive horses. Spend some time eliminating the weakest contenders and estimating which cluster of horses is most likely to lead the field aka Speed Maps to determine where your selection will settle during the run. Melbourne Cup Celebrity Tips Being the race that stops the nation, there will be plenty of Melbourne Cup celebrity tips available on the internet, as high-profile names across various industries become invested in the race.
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PLACES TO VISIT BETWEEN JAISALMER AND MUMBAI INDIA
Lightest weight carried by winner — Banker in with 34 kg. The track has the benefit of a m straight, meaning the horses jump from the m mark in the straight. Horses will be given every opportunity to find a comfortable run for the race in that first m, but if the pace is put on in the early stages, then some horses at the front of the field looking for cover may be caught wide for the trip.
On exiting the home straight, the field will make their way river side of the course, for roughly a m run before a long sweeping turn from the m mark to the m mark. Most jockeys will look to have their horses poised for a clear run at the m mark just before the turn into the home straight.
The first of the tiring horses will have dropped out before the turn into the home straight, and some horses that are travelling well could be held up by the tiring horses, which means jockeys always have to be thinking about where the best place to get the clear run is.
Most of the Melbourne Cup winning jockeys speak about how important it is for their horse to be going well at the clock tower. Approximately m from the winning post, the clock tower is often a good guide for the jockeys to start lifting the horse to the finish, and ride a lot more urgently. Is Melbourne Cup a Public Holiday? Those who live in Melbourne and regional Victoria are lucky enough to have a day off to enjoy the race. The Cup is such are large event in Australia, that people, whether in the office, at home, school, or out and about, will stop for those exciting 3 minutes to watch Race 7 at Flemington.
There are a couple of reasons why she could be a dark horse — excuse the pun — to push hard in the Melbourne Cup. For starters, she's NZ based, which is a much less taxing journey compared to the European horses. Pesto We're now at the end of our Melbourne Cup betting tips but if Pesto comes in, we'll be laughing all the way to the bank.
It's form has been ropey of late but it was only a few months ago where he pushing hard to place on a consistent basis. A win is unlikely but to place? Stranger things have happened. Alternative bets for the Melbourne Cup Rather than going for the outright winner of the race, you can always place a series of alternative bets too.
Each way This is a hugely popular horse racing bet in general, and basically, it involves placing two different bets. You will win your bet if the horse wins, of course, but you will also win the bet if the horse finishes inside the place positions highlighted by the bookmaker. To place As the name of this bet suggests, your horse only needs to finish inside the place positions for your horse to win. Extra place If you want to try and play things a bit safer, you can always go for the extra place markets offered for the Melbourne Cup.
Accumulator Remember, the Melbourne Cup is just one of many races that are taking place during this festival. With that said, you can combine several bets into the same bet slip by making an accumulator bet. To win this bet, all of your predictions must come true. The Melbourne Cup is scheduled to start at local time on the 2nd of November, It is one of several races that are taking place that day at the Flemington Racetrack. Are the odds mentioned in this post fixed? In fact, the odds are likely to fluctuate between now and the time of the race.
Where can I make the bets discussed in this article? In order to make any of the bets that we have talked about in this post, you will need to sign up with an online bookmaker. We believe that Neds is one of the top bookmaker sites in Australia right now, but you could also check out bet, Unibet, and Pointsbet if you like.
What are the legal requirements to meet in order to bet on the race? If you want to actually go ahead and make a bet on this race, you need to be over the age of 18 and be a resident of Australia. These details will be checked by whichever betting site you sign up with.
Published on October 11, , Updated October 12,
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