As early as 1865, the Melbourne Cup day was a half-holiday for bank officials and public servants. Initially, the race was run over 3,219 meters but was reduced to 3,200 meters in 1972 when the metric system was adopted in Australia.Īrcher was the first winner of the race and only competed in two races. The Melbourne Cup horse racing event has a long tradition, with the first event taking place in 1861. However, some favourites do not win the race, and that means you need to research the favourites, taking into account their current form, before placing your bets.

When it comes to favourite horses, the Melbourne Cup is in most cases occupied by the same names, over several years, like Tiger Roll being among the favourites for the Grand National and emerging the winner of the race back-to-back between 20. The 3200-meter Melbourne Cup is the most prestigious event on the racing calendar of Australia and the whole Melbourne Cup day spectacle is arranged as an enthralling and complete package. In total, ten races take place across the day, with different prize values and race distances on offer. In a Melbourne Cup Trifecta bet, you pick three horses. A Trifecta is a bet type where you must select the first three finishers in a race in the correct order.

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