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Melbourne Cup Fun

It's time to get ready for the Melbourne Cup, and everyone who is anyone in the horse racing world is getting ready. Known as "the race that stops a nation" everyone loves betting on races when it comes to the Melbourne Cup. On the first Tuesday in November, people all over Australia stop whatever they are doing to listen to the horse racing call or to watch it on TV. This is truly sports betting at its finest and most fun.

More About the Melbourne Cup

The Melbourne Cup sports betting event takes place at the Flemington Racecourse, and it's a great day for this horse racing location. The prize money for this sports betting event reaches more than A$4 million and virtually everyone who enjoys betting on races in Australia gets involved with the Melbourne Cup. The horse racing event is run through the Victoria Racing Club and it's held in Flemington, which is a suburb in Victoria.

The History of the Melbourne Cup

For those of you who enjoy statistics, the fastest Cup ever run was done in three minutes and 16.3 seconds by Kingston Rule in 1990. Makybe Diva is the horse you want to have bet on in this horse racing competition, as this horse has the most wins. Bobby Lewis and Harry White are the jockeys who have taken home the most titles with this sports betting extravaganza.

The Cup in the Melbourne Cup Sports Betting Event

Since the year 1919, there has actually been a cup attached to the Melbourne Cup event. It is worth $75,000. There is a miniature version of the Cup that is given to winning jockeys and trainers. Prior to the Cup that is awarded with the Melbourne Cup today, there was a gold watch that was given out from 1861-1864, a silver bowl from 1865-1866 and a silver trophy showing Alexander taming a horse from 1867-1875. The trophy then changed a great deal over the years until it became the Melbourne Cup design that people know today in 1919. Sports betting certainly gets everyone involved in the event and excited about betting on races.

Sports Betting with the Melbourne Cup

The Melbourne Cup involves 24 horses that line up at a barrier for the 3200 meter race. The betting agencies open bright and early on that Tuesday, ensuring that everyone who wants to enjoy betting on races can participate in this huge horse racing event. The TAB pool actually runs into several millions of dollars, as everyone enjoys the Melbourne Cup and enjoys being part of the horse racing adventure!