The Ultimate Guide to Melbourne Cup 2021 Betting

The start of the 2021 Melbourne Cup is just a few days away. To be precise, the race that completely halted the Australian national anthem takes place on Tuesday 2 November 2021.

Every year on the first Tuesday in November. (One)

Hundreds of thousands of horse racing enthusiasts await at Victoria’s Flemington Racecourse, where the race takes place. The race will also be broadcast with 1.4-2.7 million followers. (2)

You wouldn’t want to miss this exciting thoroughbred horse race that’s considered the biggest and richest in the world.

Even though you don’t make it to Melbourne to cheer your favorites in person, you can be part and parcel of the thrill by placing bets.

In this article, you’ll learn everything you need to know about betting on the 2021 Melbourne Cup. https://xyp7.com 카지노사이트

How to bet on the 2021 Melbourne Cup

While you can bet on the track, it’s best to do it online, as it’s more convenient for you and you get the chance to compare prices and offers from various sportsbooks.

Here are the essential steps you ought to follow to place your Melb Cup bet online. Betting site selection: As a major event, all Australian bookmakers offer match betting odds.

Create an Account: Once you have decided on your favorite betting site, you will need to create an account by providing some essential details including your name and email address.

Funds Account: Choose your preferred payment method in the next step and deposit money into your account. Different online bookmakers have different minimum deposit requirements, so it’s a good idea to pick one that helps you keep your pockets deep.

Betting: If you have cash in your account, you can now place your bets and hope for an edge.

Popular Melbourne Cup betting types

Here are the most popular bet types you can place on the Melbourne Cup horse race:

Win: You predict a particular horse, out of the total of 24, wins the race
Place: You speculate a certain horse will finish 1st, 2nd, or 3rd
Quinella: You specify which two horses will finish the race first, in any order
Exacta: You bet on the first two horses to complete the race in a given order
Trifecta: You lay a wager on the first three winning horses. (3)

Do note that these are just a handful of betting basics; there are several other types of horse-racing bets you may want to consider.

Betting odds clarified
For the Melbourne Cup, you’ll encounter two main odds, as outlined below:

Decimal odds: If you bet on a horse with a decimal odd of, say, 19.0, it implies that you’ll win AUD$19 for every AUD$1 wagered.

Fractional odds: Suppose you bet on a horse with fractional odds of 19/1. In that case, you’ll get AUD$19 for every AUD$1 wagered. Remember that your starting bet is always added to your winnings. So in the two examples above if you bet 1 AUD you would win a total of 20 AUD.

Advice and forecasts

While no one can exactly predict the future, there are trends in the past that can be leveraged to make informed bets with better odds. Watch this video to learn more about the trend.

Here are some great tips to use for the 2021 Melbourne Cup.

Weight matters: horses are designed to carry different weights in the arena in the spirit of handicap racing. Therefore, it is necessary to consider a horse’s past performance while carrying a similar weight.

If you did poorly before, your chances of winning the next race are slim. 바카라사이트

Repeat Wins: It is not uncommon for a particular horse to win multiple years in a row. For example, Tiger Moth won in 2018 and 2019 and Makybe Diva won in 2003, 2004 and 2005.

Therefore, 2020 winner Twilight Paymente could be aiming for gold again this year.

(4) Recent Improvements:

We review some of the horses that entered the race and identify those that have recently been continuously improved.

For this reason, you’d want to closely follow the Caulfield Cup that’s held a few weeks before November and use the results to bet on the Melbourne Cup.

Jockey: A horse’s performance on the racing track also depends on the rider. Thus, you’d want to count on previous winners, like 2020’s Jye McNeil and 2019’s Craig Williams.

But you can always be prepared for massive surprises, as punters did when Craig Williams finished 13th with Surprise Baby in 2020.

(5)Place your bet as soon as possible

With this elaborate guide, you can now comfortably place your bet on the Melbourne Cup 2021. This allows you to enjoy the race as your favorite horse cheers to the finish.

But remember to bet responsibly, as your predictions don’t always guarantee they will come true.