The Caulfield Cup is a horse racing event held in Melbourne, Australia. Since Australia is regarded as the horse capital of the world, the events held there are regarded with much respect. The Caulfield Cup, held in October, is an event that draws the attention of horse breeders and enthusiasts from around the world. This is not only because the grand prize is a whopping 3 million dollars, but also because the best horse breeds from around the world complete in the event.
The Caulfield Cup is also a major event where bet making is concerned, in New Zealand and the world. Bet makers are eager to predict which horse is going to be the overall winner, and since the event is so fiercely contested, the results can often be unpredictable. This is excellent for bet making, since horses that are seen as underdogs can unexpectedly come out on top. This, of course, is means major payouts, since underdog horses have better odds.
Caulfield Cup Details
The Caulfield Cup is a 2,400 meter race in a circular course, specifically for horses that are three years and older. The race is held under handicapped conditions, which is very important for those who are wanting to place bets. Handicap conditions mean that the fastest horses are fitted with weights on their saddles, which helps slow them down and keep the race fair and balanced. These measures are very important in an event that allows for bet making, since it would be easy for bet makers to simply bet on the known fastest horse.
It is still very important to research and know which horses are racing, however, as well as the performance statistics of each horse. Bet makers especially are encouraged to learn more about the horses before committing money, which is easy given that the Caulfield Cup is so widely discussed online. Horse breeders from New Zealand and the world are known to discuss the Caulfield Cup at great length at online forums, which is an excellent source of information for bet makers. Always remember that handicap conditions should be kept in mind when placing bets.
Placing Bets On The Caulfield Cup
Most online bookmakers in New Zealand give betting options for the Caulfield Cup. Simply log on to your favourite online bookmaker, surf to the horse racing section, and select the Caulfield Cup to see betting options. Remember that the less likely a horse is perceived to win, the better the payouts will be if that horse wins. Sports bet making is always a case of risk versus reward, which is what makes it so enjoyable.
Low odds, such as 1/2, mean that a horse is seen as more likely to win. This means that winning on this horse will give lower payouts. Higher odds, such as 1/10, mean that a horse is less likely to win. The payouts for this horse will be a great deal more, and so make for a more attractive bet. The choice, of course, is up to you. Good luck, and we’ll see you at the New Zealand online bookmakers.