Melbourne Cup Race

The Australian Melbourne Cup

The Group 1 Melbourne Cup has a prize pool of $6 million and the winner gets $3.3 million. Australians and international horse racing fans tune in to this highly anticipated race even though the race is through in about three minutes and 20 seconds. The increasing number of foreign-bred horse races that participate in the Melbourne Cup makes the race’s international fanfare grow bigger.

The 2011 Melbourne Cup is a 3200-metre race at the Flemington Racecourse and it will be on the 1^st of November. It is the seventh race on schedule and it will start at 3 pm, Australian Eastern Daylight Savings Time. Betting markets usually take last bets 30 minutes prior to the start of the race but those who will bet using the Best Fluctuation option can place bets up until the race has started.

Since the 2011 Melbourne Cup will be held on Australia’s Daylight Savings Time, its airing might have a different time slot in other countries. Horse racing punters and every day Australians tune in to this race due to the tight competition that each race brings. Thus, they search for the Melbourne Cup race time wherever they are and they drop everything that they do once the race starts.