How To Place Bets On The Melbourne Cup in NZ
The Melbourne Cup is run on the first Tuesday of November every year in Melbourne Australia. The race is so popular in fact that the country has a dedicated public holiday on race day. Run over 3200 meters, the Melbourne Cup actually consists of four races run over the whole day, with the last one being the biggest and most popular.
Most races are run over 1200m, which makes the Melbourne Cup a lot harder and more exciting. The Melbourne Cup is open to all horses over the age of three, both international and local. With a purse of 6 million Australian dollars in 2015, the Melbourne Cup attracts hundreds of hopefuls each year for Melbourne Cup betting online.
There are usually about 300 to 400 horses nominated each year to run in the Melbourne Cup. As there are only twenty-four places, that field has to get pared down substantially. This is done by looking at previous race results and other factors. Each horse is then given a handicap depending on their age and abilities.
Best Melbourne Cup Betting Sites
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Ladbrokes |  | 5/5 | 100% Match up to $250 NZD | Bet now |
| 2 |  | Palmerbet | | 4.9/5 | 100% Match | Bet now |
No handicap can be below 50kg’s, and older horses carry more weight than younger ones as they are physically more mature. This is done so that in essence the field is totally equal; with no one horse having an advantage over another. This leads to many thrilling down to the wire wins.
No one can correctly predict which horse will win the Melbourne Cup, but one can look at previous winners and their pedigrees to get an idea for Melbourne Cup betting online. One of the most famous mares to win the cup for three consecutive years was Maykbe Diva, who was out of a Danehill stallion and a Riverman mare.
She won in 2004, 2005, and 2006, which at the time was remarked upon to be a once in a lifetime event. Prince of Penzance, who is by a Mr Prospector sire, and has a similar dam line to Maykbe Diva, tracing back to Northern Dancer, won the most recent race in 2015.
The favourite for the 2015 race was a stallion called Red Cardeaux. He sadly broke his sesamoid bone during the race and had to drop out, but interestingly he had a pretty unheard of sire line. Protectionist, the 2014 winner, was by Monsun out of a Peintre Celebre mare who also traces back to Northern Dancer in two generations.
Best Melbourne Cup Bets Online
There are many ways to place Melbourne Cup bets on your favourite mount, but without a doubt the best way of doing so is by selecting a Melbourne Cup betting NZ site that’s been give the thumbs up by OnlineBetting.net.nz.
There are a number of advantages by doing it this way, not least of which is that you get to skip the queues and crowds. This also gives you the option to place any kind of Melbourne Cup bets that you wish, in the comfort of your own home or even your favourite pub with your mates.
There are many kinds of Melbourne Cup bets that can be placed, and can be a bit confusing. Whether you are a novice at the whole horse betting world or a seasoned professional that even owns your own horse or two, NZ online betting at sites endorsed by OnlineBetting.net.nz offers you the most options and the best odds. Odds can vary greatly between bookies and Melbourne Cup betting NZ shops, but we can point you in the direction of the online bookmakers that offer the best odds on specific horses.