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How to bet on horse racing, how it works, what is trifecta, quinella, final field, hurdles, who is the favorite, odds

How to bet on horse racing, how it works, what is trifecta, quinella, final field, hurdles, who is the favorite, odds

So you want to take part in the Melbourne Cup, but you don’t know anything about it. I’m not sure how this is possible if you live in Australia, but let’s do it.

Well, while you’re enjoying The Race That Stops a Nation and maybe even a public holiday depending on where you live, you might be interested in chit-chatting about it.

If you are going to bet, do so responsibly; and here’s how you would do it.

Watch the Melbourne Cup live on Tuesday 5 November at 3pm with RACING.com coverage on Kayo Sports. Join now and start streaming instantly >

MELBOURNE CUP KIT GUIDE: Trevor Marshalsea’s verdict on each runner and prediction of the top four

2 TIME WINNER’S GUIDE: The verdict of the legendary jockey and the winner of the last start, which he tips

BARRIER THREAD: The race was interrupted because of the favorite shocker

FINAL FIELD: Who made the cut for 2024?

EXPERT ADVICE: Whom Knowledgeable People Support

WHAT IS THE MELBOURNE CUP?

It is a race that involves 24 horses (although sometimes fewer if they are removed or “scratched” – usually not literally) trying to be the fastest on the 3200m course at Flemington Racecourse in Melbourne’s inner north-west.

If they are the fastest, they will earn $4.4 million for their owner, trainer and jockey. The horse does not receive money because horses do not need to exchange goods and services.

Each horse has odds based on how likely bettors and bookmakers think it is to win. The horse considered most likely to win has the least chance; i.e. if you bet a dollar, you might only get a few dollars back, not a couple hundred.

This happens at 15:00 on the first Tuesday in November – this year it is November 5th. It’s on TV (Channel 9). And the Internet.

HOW TO MAKE A BET?

First, you need to choose a horse.

There are a couple of proven methods. One is to have a partner who follows the races; then you can blame them when their choice fails.

Another option is to look at the colors and names and choose your favorites. Perhaps your horse’s jockey looks like he plays for your football team, or you’re a fan of their weird and wacky names.

Or you could try to analyze the form manual – you know, that confusing piece with all the tiny writing in the middle of the paper? No, not real estate listings. Or advertisements. Another part.

There will be a lot of information about how the horses have behaved recently. However, this may not make sense to you, so you can simply look at the odds column and find the smallest number.

Once you have chosen a horse, you need to place a bet.

They now have the Internet on computers and even phones, so you can sign up for a betting site and bet some money from the comfort of your living room.

You can also make the traditional morning trip to your local bookmaker.

Once you get there – and you’ll want to get there early – you can ask one of the operators to help you or fill out one of the cards. They will have special Melbourne Cup jerseys that will make the game fun and easy.

You can also bet in person at the track.

Lake Forest Wins Golden Eagle Late! | 00:46

WHAT ARE THE RATES?

The simplest bet is the win bet. In them, you only make money if your horse comes first.

You can also bet on a horse to “place” – meaning that if it finishes in the top three, you will win, but at less favorable odds than betting to win.

Then you can get exotic. There are quinellas (first two in any order), exacts (first two in any order), trifectas (first three in any order), and first quadruplets (first… you probably guessed it).

For example, in 2019, the dividends for these bet types were as follows: Quinella paid $82.40, Point paid $175, Three paid $2,953.40, and Top Four paid $79,381.40.

Of course, these numbers also reflect how difficult it is to tip them, so don’t expect to just randomly win $80,000.

SO…ANY HAVE A HINT WHO WILL WINN?

You can see our expert’s assessment of the big race here!

Click here to view the runner sequence from Melbourne Cup winning jockey Jim Cassidy!

You can see the horses competing below, with the numbers they will wear during the race (No. 4 has won the most times – 12, this year it’s Trust In You), their hurdle (the fifth hurdle, this year occupied by Knight’s Choice, won eight times), their jockey and the weight they will carry (heavier = slower, it’s just physics).

The latter is important because this is a race for people with disabilities; horses believed to be in better shape are given extra weight to punish them.

The average winner’s weight over the last decade is between 54 and 55kg, so you’d probably want a horse about a third lower on the list?

2024 MELBOURNE CUP FINAL COURSE

Voting order – Horse (hurdle) – Trainer – Jockey – Weight

1 – VAUBAN (11) – Willie Mullins – William Buick – 55.5 kg

2 – BACCAROU (21) – Chris Waller – Joao Moreira – 54.5 kg

3 – CIRCLE OF FIRE (24) – Ciaron Maher – Mark Zara – 54.5 kg

4 – MOVEMENT SPEED (3) – Noboru Takagi – Akira Sugawara – 54 kg

5 – KOWALIKA (17) – Chris Waller – Damian Lane – 53.5 kg

6 – SHARP ‘N’ SMART (15) – Graham and Deborah Rogerson – Michael Dee – 53.5 kg

7 – JUST FINE (13) – Guy Waterhouse and Adrian Bott – Jay McNeil – 53 kg

8 – LAND LEGEND (18) – Chris Waller – Zach Purton – 53 kg

9 – ABSURD (7) – Willie Mullins – Kerryn McAvoy – 52.5 kg

10 – ATHABASCAN (2) – John O’Shea and Tom Charlton – Zach Lloyd – 52 kg

11 – PICK OF THE NIGHT (6) – John Simons and Sheila Lacson – Robbie Dolan – 51.5 kg

12 – OKITA SUSHI (10) – Ciaron Maher – Jamie Ka – 51 kg

13 – ONESMOOTHOPERATOR (12) – Brian Ellison – Craig Williams – 51 kg

14 – ZARDOZI (4) – James Cummings – Andrea Atzeni – 51 kg

15 – SEA KING (1) – Harry Eustace – Holly Doyle – 50.5 kg

16 – VALIANT KING (22) – Chris Waller – Craig Newitt – 50.5 kg

17 – FANCY MAN (19) – Annabelle Neesham and Rob Archibald – Ron Stewart – 50 kg

18 – INTERPRETATION (14) – Ciaron Maher – Theo Nugent – ​​50kg

19 – MANZOIS (8) – Chris Waller – Declan Bates – 50 kg

20 – MOSTLY CLOUDY (16) – Trent Busattin and Natalie Young – Caris Titan – 50 kg

21 – POSITIVITY (20) – Andrew Forsman – Winona Costin – 50 kg

22 – ST GEORGE (9) – Ciaron Maher – Tyler Schiller – 50 kg

23 – MAP (23) – Dan Clarken and Upi MacGillivray – Rachel King – 50 kg

24 – TRUST YOU (5) – Bruce Wahls and Grant Cooksley – Mark Du Plessis – 50kg