The Melbourne Cup, the race that stops a nation is only a day away. That being the case I think I should place a bet tonight, especially as I have to work tomorrow. The problem is which horse to put my money on. I know in my last post which included some tips on how to pick the Melbourne Cup winner, I mentioned that the favourite rarely wins but I think listing theMelbourne Cup favourites will help me to narrow down the selection of horses that I want to back.
I did read somewhere that out of 153 races a Melbourne Cup favourite has run the race 34 times. That’s a 22% chance of actually winning. So maybe renowned punter John Beedle of Ashfield, who I quoted in my last post, wasn’t totally correct. I mean a 22% chance of winning is pretty good. A lot better than picking a horse at random.
Melbourne Cup Favourites 2014
I’ve decided to place my bet using Bet365 for this race so all odds I quote in this post will be Bet365 odds.
Admire Rakti: This horse is definitely the favourite, winning the Caulfield Cup last month. They say distance is not a problem. At 6.00 the odds aren’t all that bad for Admire Rakti.
Lucia Valentina: Was second to Admire Rakti in the Caulfield Cup and I read on TheNewDaily that mares have won 5 of the last 16 races. Her odds are 7.50
Signoff: The NewDaily also said of Signoff “…snuck into the Cup field with an effortless win in what was a weak Lexus Stakes on Derby Day. There is a sense of timing about this bloke. He is peaking at the right time and gets into the field with just 51.5kg (Joe Moreira will ride 0.5kg over). Odds also 7.50.
Fawkner: Owner Lloyd Williams thinks he has this horse primed to win the Melbourne Cup.At 8.00 Fawkner pays somewhat better than the favourite.
So there you have it. I noticed also that Bet365 odds were better than those quoted in most sources I’ve read.
Now comes the crunch. Which horse to put my money on. Seeing as how I didn’t actually place a bet last week, and sticking to my responsible gambling criteria, I actually have $20 betting money up my sleeve. Rather than placing it all on one horse I’ve decided to back two horses.
Melbourne Cup Favourites Bet Of The Week
Admire Rakti: I placed $5 for a win at 6.00 and $5 for a place at 2.10. A win will get me $40.50 whereas a place will get me $10.50.
Fawkner: Fawkner was my second horse of choice and again I placed $5 for a win at 8.00 and $5 for a place at 2.50. If Fawkner wins I’ll get $52.50 whereas a place will get me $12.50.
If both horses manage a place I’ll be up $3.00. Not much but better than a loss.
Over to you guys. Who are you backing for the Melbourne Cup?