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.
To take another example, Fawkner.50 (at time of writing) corresponds to odds.5:1, or 15:2 if we double both numbers to make them nice and whole.
Below the team takes a look at all the great Melbourne Cup facts statistics from betting trends, to those random fact nuggets that could just win you a trivia night one day!
The Melbourne Cup was first run on a Tuesday in 1875.(Be assured any legal odds maker knows more about the true odds than all but the most skilled betters.).Melbourne CUP facts figures - History Stats inc.Bet Now here Reading the Melbourne Cup Form Guide: Studying form is as much a process of elimination as it is about finding the horses you think have the best chance.Happy punting on the Melbourne Cup!Include your six runners in a First Four it could be a really big pay day!
Long-time punter John Beedle of Ashfield offered the following strategy to the novice punter when one of us spoke to him this week: The most important things to look at are the state of the track, the experience of the horse and the betting once.
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.
In a nutshell, the more bets a horse attracts, the lower its payout will be adjusted (and vice-versa).No 4 and No 12 with 11 wins No 1 with 10 wins No 6 with 9 wins No 5 and No 8 melissa and doug play money jack with 8 wins No 2 and No 11 with 7 wins The Unluckiest Melbourne Cup saddlecloth (1).This means that odds are continually changing in the lead-up to the big race.Melbourne Cup Jockey Facts First Australian female jockey to ride in the Melbourne Cup was Claire Lindop who rode the unplaced Debben in 2003 But the first female to ride in the race was actually Maree Lyndon on Argonaut Style (1987) The youngest jockey.Also, for most off track betting only totaliser bets are legal.Glen Boss could make Melbourne Cup history with a fourth victory after picking up the ride on Ventura Storm.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.
Weight, starting Price.
Melbourne CUP double - Combine odds with Caulfield Cup, Cox Plate.