As the season for Melbourne Cup is fast approaching, let us take some good insights about
the best betting offers available online. Based on your wagering needs and Odds comparison,
we can predict a close profit margin from the available betting offers. You can get bonus on
signing-up with some interesting Australian bookmakers.

While you are looking for maximizing profits through bettings, it is better to get some idea
about the Melbourne cup betting statistics.

Melbourne Cup Betting Information

Betting is all about predicting the horse that will be the winner amongst the 24 horses participating
in the event. The horses participating in the final event are the nominated ones based on different
levels of connections provided through the Melbourne cup. Each of these nominated horses has
won several group events organized worldwide by racing over a distance of 2400m+.

The total prize allotted for the event is $6.2 million dollars and the first ten horses that win the race
will be allotted prize money based on the winning position of the horse. To get more information
about the free bets available at the Melbourne cup, check the link: Melbourne Cup Free Bets.


                              Melbourne Cup Tips


While the Melbourne cup season is fast approaching, it is good for the punter to get familiar

with some of the factors that determine the accuracy of prediction. Few tips are listed below

for making a better punter:
The pricing of the horses, also known as the betting odds, determines the chances of the
horse winning the event. Lesser the odd value of a horse, higher the chances of winning.
Each of the horses nominated for the final event will have different odd values and these
values can drift from a low value to a high value. Keep yourself informed about the odd
values for each of the horse to make wise betting.

To make yourself a better punter, be little educated about the forms and statistics of the
events that are held. Some of the Melbourne cup forms include the Mackinnon Stakes, the
Lexus Stakes (formerly the Saab Quality), the Moonee Valley Cup, the Cox Plate, and the
Caulfield Cup. Check out the statistics of these events.

It is not advisable to go only by the favourite horses, so try out on horses that are not part of
the favourite list. However, statistics indicate that 47% of the time favourite horses have won
the game.

You can have lot of fun while betting and make it maximum profitable by trying out on some
of the exotic bets, such as exactas, quinellas, and superfectas.

Checkout for the most successful barriers that gets unveiled on the day of the event. Some
of the successful barriers are listed here:
Barrier 11 – 7 wins, last in 2001
Barrier 14 – 6 wins, last in 2005
Barrier 8 – 5 wins, last in 2008
There least successful barriers are:
Barrier 18 – 0 wins
Barrier 7 – 1 win, in 1924
Barrier 15 – 1 win, in 1973
Barriers 5, 6 and 19 have all also had 5 wins since 1861, although they have not produced a
winner in more than 15 years. The 2011 event was won from barrier 13.

Bookmakers Review

Some of the bookmakers provide interesting offers to the localites and its neighbouring
country New Zealand residents. Here is the list of well-known and authorized bookmakers
reviews to deal with: William Hill, Sportsbet, Luxbet, Ladbrokes, Crownbet, Ubet Betstar,
Unibet, Centrebet,, Palmerbet, Bet365, and Betfair. Further, many of the
bookmakers are interested in promoting their sites for the punters to make bettings online.
Check out the top Racing betting sites.

Betting Sites and Online Betting

As Australia has made the sport betting event as legal, there are numerous sites available
for the punters to make the betting online safely and securely. Punters also have the option
of making online betting through mobile applications. Mobile betting applications are
supported on iPhone, iPad, or on Android platforms.

Keep Betting with Facts

Understanding the event and the statistics in detail along with good analytical skills makes
you a better punter. You can start betting through a website or online. However, if you are
not a versatile punter and need more confidence in betting then the best option is to bet
through a bookmaker.