The Melbourne Cup is one of Australia's biggest sporting events. Each year thousands of people attend the race including celebrities, politicians, and royalty. In fact, it's the richest horse race in the world with a total purse of over $10 million dollars. This year, the race was held at Flemington Racecourse in Melbourne, Victoria.
The race is named after the famous English jockey Sir Henry Cecil who won the race three times between 1877 and 1889. He was known as the "King of Hounds" because he had a reputation for being able to win any type of horse race. The race is held every November and attracts millions of viewers worldwide. It's broadcast live on television, radio, and online. People who cannot attend the race can still watch the race via live streaming video.
Melbourne Cup betting is the practice of placing bets on the outcome of the annual Melbourne Cup horse race held in Australia. The event has been run annually since 1861 and attracts a large crowd to attend each year. The race is open only to thoroughbred horses, with no restrictions placed on their age or sex.
Betting on the Melbourne Cup is very popular among Australian sports fans, who are known for their passion when it comes to sport. In fact, according to the National Sports Council, the Melbourne Cup is the second most attended sporting event after the Grand Final of the AFL (Australian Football League).
The Melbourne Cup is one of the oldest horse racing competitions in the world and takes place every year at Flemington Racecourse. Betting on the Melbourne Cup can be done through bookmakers such as WinnersBet.com.au.
Bookmakers also provide odds on which horse will win the race. They may also have odds on whether the winning jockey will wear a red or black cap. There are also some bookies who offer odds on the colour of the winning horse’s saddle cloth.