The Melbourne Cup, which is the most important horse race in Australia, is for three year old thoroughbreds and older and is probably the most prestigious race in the world and an excuse for the whole of Australia to party. It is run over two miles and will be run on Tuesday. This will be the 150th time the event has been held.
Many pundits are anticipating that this year we will see the best horse to compete in a Melbourne Cup for thirty years, and the strength of the rest of the field is also one of the best of recent times.
The horse about which everybody is talking is Monaco Consul, though the favourite to win is So You Think. Monaco Consul was sired by the legendary High Chaparral and he has very strong staying qualities. The horse is currently priced at 14/1 and if what some of the experts are saying is correct, then this could be a high value bet.
The favourite So You Think is priced at 3/1 by Bet Fred. The horse recently won the Mackinnon Stakes. This horse has the lowest odds of any horse in this race for the last forty years, but will he disappoint his many fans? A problem might be in his stamina and if he loses the race it could be in its closing stages.
Second favourite at 9/1 is Maluckyday and the third favourite is Shocking, last year’s winner of this race, at 11/1. He finished second in the Turnbull and fourth in the Caulfield Cup so he looks poised for a strong finish in the Cup. Descarado is the fourth favourite and is priced at 14/1. He recently won the Caulfield Cup and is looking very strong.
If you feel like having a punt on this race, then you will be in good company. It seems as if this will be one of the most heavily backed races of all time and it is estimated that in excess of $(Aus) 150 million will be wagered on it.