Melbournecupodds:
What is the Melbourne Cup if you don't place a bet or two? If you can't make it to sizzling Flemington Race Course in person, don't put up a long face. You can place stakes on the Melbourne Cup from your home computer!
Melbourne Cup is one of the richest races in the world, total prize money for Melbourne Cup 2005 was $AU5.1 million. It is a Group 1, 3200 meters handicap, run at 3.10pm AEST, on the first Tuesday in November. It's a day when the nation stops whatsoever it's doing to listen to the race call, or watch the race on TV and even those who don't usually lay a wager, buy a ticket in a sweep.
The distance and the handicap are the equalizers for Melbourne Cup odds. Theoretically, the better the horse, the more weight it has to carry.