Top Tips for Melbourne Cup Betting for New Zealand Punters

Horse Racing Fan Club Emirates Melbourne Cup Horse Racing Event in Australia

Staking The Melbourne Cup 

The Melbourne Cup is the most prestigious handicapped thoroughbred, two-mile horse race on the planet.

With a whopping $6.2 million in the kitty, Melbourne cup betting options spring up around Flemington Racecourse with a host of races run during the event.

Melbourne cup betting options are known to grip punters from New Zealand focusing all attention on the three-year-old fillies waiting to run the race of their lives.

The 2017 edition of the cup sprints into action on the 7th of November. The main betting fixture commences at 3:00pm at Flemington Racecourse in Melbourne, Australia.

The Runners in The Melbourne Cup

Punters opting for Melbourne cup betting options should consider the playing field. The event places just twenty-four horses in the gates on race day. Hundreds of entrants are narrowed down via the balloting and handicapping criteria set out by the Racing Board.

Punters seeking valuable betting opportunities should keep track of the horses and jockeys, monitoring their individual and combined efforts throughout the years racing events.

Melbourne Cup November 2017 horse racing event

Stake Valuable Odds

Kiwis opting for Melbourne cup betting should only consider placing valuable bets on prospective winning runners.

Valuable odds come from experience and research within the market. When punters have an in depth knowledge on conditions, handicaps, Prior races, competitors in the race and top class jockeys, valuable bets can be made.

All bookmakers will provide a set of odds on each horse. Punters with keen interest and knowledge within the horse racing market are able to scrutinize the odds offerings and lay wagers on odds that are high for a competitive contender, resulting in more valuable betting opportunities.

Barriers Hold Value

Punters from New Zealand should consider each horses barrier position when opting for Melbourne cup betting options.

Certain barriers place the horses in better running conditions. Turns start earlier at some barriers and extend wider in other barriers. The barrier draw is a crucial factor determining the thoroughbreds winning capability.

Certain horses flash down the straight with no problems and then proceed to struggle in or out of the turn, while other horses live for the turn and rocket out of the bend like a bat out of a cave.

All these factors should have already been scrutinized before selecting Melbourne cup betting options. It is only when the barrier is announced that Kiwis can truly form a holistic opinion on race day.

The barrier draw for the Cup takes place on Victoria Derby day, which will be held on the 4th of November 2017, three days prior to the anticipated cup race.

Develop Personal Betting Strategy

A personal Melbourne cup betting strategy is obtained from experienced based research and participation, however there are many places out there to acquire that punters can and should make use of. Kiwis who actively patrol the races will slowly become accustomed to a wagering strategy adept for betting.

Practicing your strategy with pseudo bets is never a solid recipe for success. Punters need to keep in mind that anything can happen on race day. Being more informed about the event ensures less risk and makes for thrilling Melbourne cup betting options.