| The Melbourne Cup 2009 horse race is going to be | | | | that instance. In percentages this would mean a 7.14 % |
| another Australian spectacle rarely seen in the sporting | | | | chance of picking a winner. |
| world. Attracting hundreds of thousands of spectators, | | | | Naturally when you bet you are given the odds of |
| both at Flemington and in front of TV’s, radio’s | | | | each horse to aid you in selecting a perceived winner |
| and the Internet, many of them wonder about the | | | | or an outsider. In the end one never truly knows until |
| odds of betting for the Cup. | | | | the race has been won. |
| Horse betting odds and how you can increase your | | | | How much money do I need to bet on the Melbourne |
| chances of backing a winner: | | | | Cup 2009? |
| Backing a winning horse with favourable odds is just | | | | It is entirely up to you how much of your money you |
| about everyone’s dream when it comes to sports | | | | like to wager on any given horse. You can bet $20, |
| betting. But as it happens none of us is any the wiser | | | | $100 or even thousands. Some reckon that all punters |
| when we finally pick our sweep stakes, the only thing | | | | combined bet around $140 million on the race each |
| that sets the winners apart from the losers is inside | | | | year. |
| knowledge of the stars of the show – the | | | | You should only bet the money you can safely afford |
| thoroughbred horses and chance luck. | | | | to lose. |
| Serious punters stay informed about each horse’s | | | | Not keen on betting? |
| condition prior to the race. Anyone keen enough to | | | | Not everyone is keen on placing bets on the |
| attend the action of the Melbourne Cup arranges for | | | | Melbourne Cup 2009. If you rather save your money |
| accommodation months before the event to secure a | | | | why not open a term deposit account or else bet on a |
| suitable stay close to Flemington. | | | | trifecta because the potential win is higher than with a |
| If you do the math of a random horse selection your | | | | term deposit. Of course the risks are higher too but |
| chances of backing a winner would be 1 in X, X being | | | | then there is no gain without pain. You knew that |
| the number of horse in the race. For example if 14 | | | | didn’t you? |
| horses compete then your chance would be 1 in 14 in | | | | |