The Melbourne Cup 2013 is here again and I guess this year, we’ll be seeing more of Irish-bred horses on the Flemington Racecourse as the first seven horses to finish the popular horseracing event last year were all bred in Ireland.
Melbourne Cup 2013 is the I53rd edition of Australia’s richest and most popular horseracing event. It is organized by the Victorian Racing Club and it is held every first Tuesday in November, each year. It attracts seasoned racing fans from all over the world. Racing Novices are not left out in the fun too as it is really an interesting event to watch. The Melbourne Cup is more than a sport; it is more of an Australian Tradition which attracts over 100,000 spectators every year. The Pubs are not left out in the fun too as it would be considered a sacrilege for any Pub not to show this interesting event on the day of the event. Millions of dollars are realized from ticket sales yearly because everyone wants to be part of this amazing social event.
Over $140million worth of bets are placed on the Melbourne cup alone every year. The 3200m race for thoroughbreds of three years and older sees the winning connection go home with an attractive sum of $6.2 million and an 18ct gold trophy. The trophy alone is worth $175,000. About $50,000 is needed to enter into the competition and though over 400 nominations are received by the Victoria Racing Club every year, only 24 horses make it to the racecourse.
A very interesting part of this yearly event is the betting aspect. People choose their winning horse and place bets on it. This bets sometimes run into several millions of dollars. Horseracing diehard fans as well as horseracing novices participate in the betting yearly. To check latest Melbourne 2013 cup odds, you could visit sports betting websites and you may be on your way to winning billions of dollars in this edition of the Melbourne 2013 cup.