Sport

How’s your Melbourne Cup form looking?

TOP PICK: Vlad Duric on Kiss a Rose (L) wins the Quezette Stakes at Caulfield Racecourse, 2013.
TOP PICK: Vlad Duric on Kiss a Rose (L) wins the Quezette Stakes at Caulfield Racecourse, 2013. Getty Images

EVERY year many Aussies place bets on the most famous horse race in the nation, the Melbourne Cup.

But how many people really know exactly what they are betting on, how to get best value for their money or even just how to place their bet?

While APN ARM encourages responsible gambling, here's a guide to help you know what you are doing today when your work colleagues or friends drag you along as they place a bet.

Here is a look at some of the betting options for the Melbourne Cup, courtesy of the TAB:

 Win bet - Self- explanatory, you pick one horse to win the race.

 Place bet - A place bet on the Melbourne Cup is one where you pick a horse or horses to finish in the top three.

 Each Way - An each way bet sees the punter able to collect dividends on both a win bet and a place bet if your horse wins. If it simply runs a place, you will collect on the place dividend only.

 Head-to-head - Allows punters to pick which horse will beat another particular horse within the race.

 Quinella - This is where you pick two horses to finish first and second, in either order.

 Exacta - Similar to a Quinella, only you must pick the first two horses in order.

 Trifecta - The punter has to successfully pick the first three horses to finish the race in order.

 Boxed Trifecta - Similar to the Trifecta, only you do not have to pick the top three in exact order.

 The Quaddie - This is where the punter correctly selects the winners of four races.

 The BIG6 - Similar to the Quaddie, but instead the punter must pick the winners of six races.

To place a bet, simply visit your nearest local betting agency and fill out a betting card, or you can place a bet over the phone with a range of betting companies.

If you are placing a bet, it's important to know how much you want to put on.

For example, if you bet on a horse that is paying $1.01 and bet correctly, you will receive $1.01 in winnings for every dollar that you placed on that result.

Therefore, a correct $10 bet on a horse paying $1.01 would return you with a dividend of $10.10.

Happy betting and good luck with all your tips today.

If you have a gambling problem, or know someone who does, call Gambling Help on 1800 858 858.

DON'T MISS your local paper for all the latest tips on the Melbourne Cup and pick up tomorrow's paper for all the coverage of the top local events.

Topics:  betting melbourne cup



Date nights under $50

ACCORDING to The Bachelor falling in love involves helicopter rides, private jets, shopping trips, and we mustn’t forget the hot tubs.

Brisbane's arts and culture events centre stage

You loved the film, now you're about to love the musical. Don't miss The Bodyguard The Musical in Brisbane this July.

THE arts and culture events you don't want to miss.

Homewares stores to fulfil your Instagram dreams

No Caption

You too can become an Insta-star with these fab stores.

Top 10 Brisbane experiences to cross off your bucket list

Do yourself a favour and get amongst the food truck scene. Eat Street is a great place to start.

A GOOD bucket list doesn’t have to span continents or cost millions.

Six mega sporting events you need to be at this year

Don't miss all the action trackside this season.

IF THERE is one thing Brisbane does damn well, it’s play host.

Insider’s guide to the best rooftop bars

Eleven Rooftop Bar is one to put on your hit list.

SEE the world from a different perspective...

Where to get your hands on the best wings

Try out these bad boys at Buffalo Bar.

IS THERE anything better than a wicked bowl of chicken wings? Nope.

West State School students stand up for safety

SAY NO: Denise Morcombe, Liam Vickers, Phoebe Callcott, Gemma Vickers, Bruce Morcombe and Alexander Callcott make a stand.

Morcombes visit Warwick West State School

Town Hall toilets to take final flush

FINAL FLUSH: Southern Downs Regional Council have moved to demolish the public toilets in the Warwick Town Hall car park.

SDRC move to dump facility

Driven to deliver the very best

READY FOR THE JOB: Staff member James Wilson, manager Paul Quirk and delivery driver David Smith getting ready to unveil the new Burson Auto Parts store in Warwick next month.

New auto retailer set to open

Local Partners

Country life appeals to new officer-in-charge

A new officer-in-charge has been appointed for Stanthorpe Police Station but he is not entirely new to the region


Events you need to be at this week...

Warwick driver Len Don is a regular in Queensland Super Sprints action at Morgan Park and also runs all five legs of the annual Pentath-run.

Super sprints on at Morgan Park Raceway

What to expect at Birds of Tokyo's Ipswich gig

The band will perform at the Racehorse Hotel on Friday.

BAND member Glen Sarangapany talks music, pub grub and doing shoeys

State champs are on this weekend at raceway

RACING: Warwick driver Matt Clift is a regular in state championship racing at Morgan Park Raceway.

CAMS state racing returns to Morgan Park

Dreamworld may supersize with 'Disneyland expansion'

OWNERS of icon Gold Coast theme park Dreamworld want to super-size the site with accommodation and entertainment to turn it into Australia’s Disneyland.

World’s strongest man reveals incredible 12,000 calorie diet

Brian Shaw won his 4th World's Strongest Man title. Source: Twitter

World’s strongest man reveals incredible 12,000-calorie diet

ABC2 slammed over football exhibition match coverage

Fans weren't too happy with ABC2's coverage of Wednesday night's game.

ABC2 slammed for coverage of soccer exhibition match

'Bulls--t!' Lisa Wilkinson grilled over Karl's pay packet

Join us for a Great Night as we Proudly present Lisa Wilkinson

“And you believe everything you read?”

Rebel Wilson trial: The secret we never could have known

Rebel Wilson outside court

“Most people wouldn’t know it exists,” she said.

Janet’s back in the ring

Marta Dusseldorp returns in season three of the TV series Janet King.

Season three of ABC's legal drama delves deeper than ever before.

Game of Thrones drops new trailer for season 7

Game of Thrones fans have been given a new trailer for season 7.

Fans are finally getting a full-throttled peak at season seven.

Open for inspection homes May 25-31

Check out this weekend's homes open for inspection

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

One of Maryborough's most historic homes is still for sale

FULL OF HISTORY: Trisha Moulds is owner of the historic Tinana state known as Rosehill. The beautiful home is currently for sale.

It has been the scene of both joy and tragedies over the years.

The face of the Sunshine Coast's overpriced rental crisis

Alyx Wilson had to rent a $385 unit in Currimundi because the market was too competitive for cheaper rental housing. She is now renting a room from friends who own a house in Currimundi, and says its much more affordable.

Young people feel the strain in competitive, expensive rental market

Ready to SELL your property?

Post Your Ad Here!