The most revered event on the Australian racing calendar, the Melbourne Cup is Australia’s biggest horse racing event, and one of the richest races in the world.

Held on the first Tuesday of November at 3pm AEST, the race holds a rich history and a special place in the hearts of the Australian public. Since the first Cup in 1861, the race has captivated the Australian population, growing in popularity each year, particularly since the day was made a public holiday in Victoria in 1877.

Since then, huge crowds have flocked to the race, which is now attended by over 100,000 each year. For the vast majority of the nation not lucky enough to attend the race itself, the Cup remains a marked event, with most watching on TV or listening to the call while taking part in some form of betting.

‘The race that stops a nation’

The race is held over a distance of 3,200 metres, and is open to three-year-olds and above. One of the biggest sporting events of the year, the race receives significant national media coverage, and the victor claims a significant share of the (current) $6m prize purse.

MELBOURNE CUP BETTING 2013

The 2013 Melbourne Cup will be held on the Tuesday November 5th. 2012 winner Green Moon will be aiming to become just the sixth horse to win multiple Melbourne Cups, with his owner Lloyd Williams having a number of great chances to join him, including Sea Moon, Masked Marvel, Seville and Mourayan. But he’ll face a tough task overcoming Puissance de Lune, who has been the favourite since November last year, with punters big and small continuing to support the French import.

Successful Melbourne Cup horses, trainers and jockeys are often elevated to celebrity status during the days leading up to the Cup, with some horses such as Phar Lap and Makybe Diva achieving legendary status in Australian racing history. Makybe Diva became the highest-earning horse in Australian history after winning the Cup three years in a row, from 2003-2005.

Trainer Bart Cummings and jockeys like Glen Boss and Damien Oliver have found fame and fortune from Melbourne Cup success, becoming household names with multiple victories. Since the 1993 victory of Irish trainer Dermot Weld, the Melbourne Cup has become a truly international event, with foreign horses competing and people around the world watching and betting on the Cup.

Off the track, Cup fashion is a key attraction, drawing almost as much attention as the race itself, from the colourful hats and fascinators worn by thousands, to the prizes awarded for best-dressed on the day. For those more interested in the result of the race than the fashion parade, Melbourne Cup betting allows millions to compete in the excitement of the race themselves.

Bringing together the most experienced punters with those who have never placed a bet before, Melbourne Cup betting is the most widely enjoyed betting event of the year, with millions participating and stopping to watch on television or listen to the race call. Whether placing a bet in the local pub, taking part in the office sweepstakes, or being lucky enough to be a part of the betting action on the Flemington Racecourse itself, the majority of adult Australians take part in some form of Melbourne Cup betting.

Thanks to the advent of online betting, it’s easier than ever to get involved with the excitement of the Cup, and share in the national pastime that Melbourne Cup betting has become. In 2013, who will you be cheering on the most famous Tuesday of the year?

Luxbet provides a huge range of betting options for the Melbourne Cup, providing for both savvy, well-experienced punters and those who just want to participate in the excitement of Cup day, including those who may have never placed a bet before. Whether you want to try your hand at picking the winner of the coveted Cup, or take up the challenge of a combination bet, Luxbet has a Melbourne Cup betting option right for you.

Exacta

Pick the double! Luxbet’s Melbourne Cup Exacta betting gives you the opportunity to pick the first two horses past the post, as the name may suggest, in the correct order. It’s a good opportunity to hedge your bets, if you can’t decide between that crowd favourite and the mysterious outsider.

Quinella

Can’t split them? Luxbet’s Melbourne Cup Quinella betting lets you pick first and second in any order. After specifying your maximum spend, simply select two horses, and as long as they finish first and second in either order you collect the dividends.

Fixed Odds

For a more stable betting environment than Tote betting, Luxbet’s fixed Melbourne Cup odds will not change from the time that you place your bet.

The Tote

Luxbet has the best Melbourne Cup Tote betting options, allowing you to compete in a pool with anyone else who makes the same bet type as you. After the big race, the spoils are divided amongst the winning participants, meaning that the number of entrants governs your takings, rather than fixed odds provided by Luxbet.

Melbourne Cup Specials

At Luxbet, we offer special betting options just for the big day. So whether you’re a seasoned punter or just want to be part of the Cup, our Melbourne Cup Specials betting can provide you with something different to take part in on the big day.

Get involved in the nation’s biggest race at Luxbet today. With the rich history of the Melbourne Cup and Luxbet’s huge range of flexible betting options, Cup Day is the perfect chance to let your hair down and have some fun at Luxbet.com.