Flemington is the beating heart of Australian horse racing. Hosting six incredible race days comprising of food, wine, fashion and of course first class racing
Date of Melbourne cup 2015
The 2015 Melbourne Cup is scheduled to start at 3:00pm AEDT, on Tuesday November 3 at the Flemington racecourse in Melbourne, Victoria.
The race will be broadcast in AUSTRALIA on both Free-to-Air television via Channel Seven, and on Foxtel via Sky Racing 1.
The Melbourne Cup itself is scheduled to get underway at 3:00pm AEDT. Based on past results, the race should go for about three and a half minutes before the winner passes the post.
Melbourne cup 2015 is here and everybody is pumped and ready to have a punt on the horses. The race that stops the nation is once again here for 2015. People will have their fingers crossed and hoping for a windfall and good times as the Flemington 3200M race for Melbourne cup starts tomorrow noon .
Trainer Gai Waterhouse says Excess Knowledge, who gained a place in the world famous race after taking out the Lexus Stakes on Derby Day, is a genuine chance, carrying just 51kg into the race.
One of the most popular type of betting in Australia is either betting for fixed bets or then tote.
What’s different between fixed betting and tote betting ?
The Tote (also known as Parimutuel betting) is commonly used for horse racing, while the fixed odds betting is commonly used for sports. Saying that tis is a system in which all bets of a particular type are placed together in a pool
In Australia with the Tote the bookmaker displays the approximate odds that they believe you will receive on a punt . This approximation of the value is based on the quantities of bets received to that point. These odds however will change, however depending on how much additional money is placed on each outcome or horse. Because of this you don’t know the actual odds you will get until bets are no longer accepted and the race/event has commenced.
All the talk in this year’s Cup is the Japanese stayer Fame Game, who was given a tidy "trial" for the big one when sixth in the Caulfield Cup. The Irish are bringing a horse called Bondi Beach and folk hero and thrice runner-up Red Cadeaux is back for his fifth tilt at the big race.
Fixed odds betting
Fixed betting is pretty much what it says , returns are fixed at time of betting . In Australia fixed odds betting is a form of wagering where the punter knows the exact odds he or /she will receive when they place a bet
Fixed odds betting is more risky for the bookmaker than the Tote, because the profit margin is not guaranteed and the bookmaker’s profit will not be the same for every outcome.
Most popular kinds of bets
A win bet is an option where the selected horse must win the race outright. In the case of a dead-heat, the winning price will be halved. The most common type of online bet, the win option gives punters a chance to make full use of the bookmakers promotions. These include money back specials and protest payouts; if you’re horse finishes second or third in a selected race they will refund your win bet and if your horse loses on a protest, they will pay out both win bets.
A place bet offers lower odds than a win bet, due to the increased likelihood of it succeeding. The selected runner must finish in the first three across the line for the bet to pay out. If there are less than seven horses in the field, then only the first two horse’s payout, however odds will increase because of this.
Punters must select the first three horses in any order. Due to the increased risk factor of this bet, the payouts are of greater value compared to quinella’s. A three-horse boxed trifecta costs $6, or $3 for .cents worth (the most commonly made trifecta). There are multiple options for trifecta bettors including straight, boxed, banker and roving banker
The first Tuesday in November, Melbourne Cup Day, was officially gazetted a full public holiday in 1877 in Melbourne.
Join us for the ‘race that stops a nation’ and experience the glamour and excitement of the Melbourne Cup.
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