witness the Melbourne Cup in its full glory Tremaine Edmunds Womens Jersey , you realize why is this horse racing event also ?the carnival which stops the nation?. The word ?carnival? is more suited to describe the event since it offers the spectators a thrilling experience, a lot of entertainment and big winnings of money for the punters. The four days of the event have the people in the full celebrating mood. You can find them enjoying music, playing games, having the sips of beer and wine, going for picnics and shopping. All in all Josh Allen Womens Jersey , there is a lot of activity in Melbourne city and definitely so on the Flemington Race Course. Though the winner takes the AUD$6 million as prize money, the money at stake in Melbourne Cup betting is AUD$150-200 million, a staggering 25 times more than the prize money.

With so much at stake, the bookmakers and the booking exchanges have their hands full. They vie with each other to get the maximum amount of stake money. Therefore, months before the race starts Authentic Taron Johnson Jersey , the online sportsbooks begin offering the information which is of interests to the online bettors. There will be joining discounts, loyalty bonuses, free bets worth couple of hundred dollars and a lot more on offer to entice the visitors and prospective bettors. The odds begin to feature months in advance and the favorites feature the least odds.

General discussions among the people and the give and take of tips, advice and suggestion heats up the speculation markets and this too plays a good part in the Melbourne Cup betting. Experts provide the analysis on all the electronic and print media, be it TV Authentic Harrison Phillips Jersey , radio, internet, newspapers and what not. Bettors use their experience, research, knowledge Authentic John Miller Jersey , intuition, peer advice, psychic advice and even superstitions to place their wagers. Though money might be the prime moving motive behind this, you can find people wagering for a number of reasons. Some do it for fun, some for show-off Authentic Shaq Lawson Jersey , some to avenge their self respect for having lost earlier and some would do it under the influence of group-dynamics.

The list of precautions for the Melbourne Cup betting is the same as that for other betting events. One shall not bet out of his pockets under any circumstances. The wagering shall ideally be done after thorough research, if you are a serious about winning the money. It is advised that the new bettors shall not place the complex bets like the trifecta, Quinella, etc. Though these are far more rewarding and hence tempting, the experienced punters stand a much better chance of winning them. Do not bet if you are going to have the guilt feel later on. Bet for trying to win Authentic Dion Dawkins Jersey , but do not miss out on the charm of this sport as a whole. Enjoy betting within the limits, without letting this affect your normal routine adversely.