Bitcoin Betting on Melbourne Cup Horse Racing
Melbourne Cup 2019
Dates: 5-Nov-2019 to 5-Nov-2019
Location: VICTORIA | AUSTRALIA
The Melbourne Cup is Australia’s most well known annual Thoroughbred horse race. It is a 3,200 metre race for three-year-olds and over, conducted by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria as part of the Melbourne Spring Racing Carnival. It is the richest “two-mile” handicap in the world, and one of the richest turf races. The event starts at 3pm on the first Tuesday in November and is known locally as “the race that stops a nation”.
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About the Melbourne Cup
When the horses compete in the Melbourne Cup, Australia stands still. This year a German starter is among the favourites. First Tuesday in November. The meaning of these four words need not be explained to Australians or New Zealanders. Almost everyone on the fifth continent knows what it means: the Melbourne Cup at Flemington Park. Every first Tuesday in November not only more than 100,000 spectators flock to the racecourse, but a whole continent takes its time to follow this horse race. Not for nothing is it said that the Melbourne Cup is “the race that stops an entire nation”.
It is not surprising that even politics could not escape the pull of such a sporting event. Since Melbourne is in a state of emergency anyway, the first Tuesday in November was simply declared a public holiday in the state of Victoria. With this, the status of the racing competition was additionally upgraded. The Melbourne Cup is not just a horse race, but a social and political event. Although the actual spectacle only lasts about three minutes, nothing else is said about the whole day.
It is part of the good Australian tone to dress up especially on this day and to pull through the streets and into the bars in evening dress during the day. It has been estimated that 80 percent of the Australian population participate in betting on the winner of the Cup. You can’t avoid this event even if you’re not interested in horse racing. In addition, the highest celebrity is at the start every year.
The sporting fascination of the gallop race held since 1861 lies above all in the fact that it is held as a handicap. 24 gallopers with different weights compete against each other at a standing distance of 3,200 metres, with the better rated thoroughbreds usually having to carry 58 kilograms, the weaker ones with a weight advantage of up to 14 kilograms entering the starting boxes. After all, the theoretical chance of winning in a compensatory race should be the same for all participants, i.e. even the biggest outsider should have the opportunity to immortalise himself in the annals of this race.
However, the Melbourne Cup is not just an arbitrary, well endowed handicap: with a winning sum of six million Australian dollars (four million euros), it is the highest endowed handicap in canter racing worldwide and thus ranks among the top ten races in the international turf calendar. The international standing specialists among the thoroughbreds have been regular guests in Australia for around 40 years. The fact that the thoroughbreds from France, Japan, Ireland and also from Germany do not only travel the long way to gallop along as field fillers is proven by a look at the winners’ lists of the last four decades.
In 2014 Protectionist, a horse trained in Germany, won the renowned racing spectacle for the first time. His trainer Andreas Wöhler wants to repeat his triumph this year with the five-year-old stallion Red Cardinal. Red Cardinal won the Oleander race in Hoppegarten this year, followed by the Belmont Gold Cup in New York and is now facing his most difficult task. On the other hand, he is one of the favourites among the two dozen participants and will be ridden by last year’s winning jockey Kerrin McEvoy. “The victory three years ago was the biggest in my career,” said coach Wöhler before this year’s race. “And once you get a taste for it, you want to win this race again and again.”