This event is what most of the sports betting enthusiasts and punters consider as one of the best Group One races to place bets in every year. It attracts several punters that acquire a vast amount of money year after year, considering that the Caulfield Cup and Melbourne Cup attract more punters.
This event has been around since 1922. The race distance is up to 2040 meters, and each participant would compete for the $5 million prize money.
The first horse that won 1000 pounds in 1922 was the English horse named Violoncello. In 2019, it was Lys Gracieux that won the race. Winx holds the record of having multiple wins in this race. It is the only one that holds four consecutive wins.
How to Bet
Betting on the horse that you are rooting for is easy. You do not have to go to a local tab to do it. Thanks to the Internet, betting in any sports event is now as easy as 123. All you have to do is search for reputable bookmakers, compare the promotions, bonuses, and betting features they offer, and choose among them.
After choosing a bookmaker for you, the next step is registration. After registering and verifying your account, you can already deposit some money.
You may now browse on various markets and choose where to place your money.
You can monitor the updates happening at the Cox Plate by watching on television on Channel 7. You can also keep yourself updated by watching on mobile phones and other devices if you cannot watch on a TV. Live streaming is available on websites like Sky Racing and Racing.com.
Your chosen bookmaker may also cover the live stream of this event on their website.
The Cox Plate field is smaller than other tournaments like the Melbourne Cup. Its capacity field consists of 14 runners. Despite this number, do not feel at ease betting in this market. There is no guarantee that a winner is easier to pick in a smaller field.
To prove it, in the last few years, the mare Winx, performed a spectacular record of being a champ. For this reason, it makes betting against this mare more valuable, but riskier.
Because the Cox Plate is one of the most significant events where punters want to place their bets, it is not surprising that bookmakers will compete to attract bettors. Offering promotions such as the money-back guarantee is what most bookmakers do to attract punters.
Established and reliable bookmakers offer promotions not only on this race but also on other sports events. Others would provide a money-back guarantee, while the others give free bets or sign-up bonuses.
Therefore, before signing up for a bookmaker, it is vital to read and understand its terms and conditions. Learn how you can avail the bonuses and promotions.