So why do so many Australians place a wager on the Melbourne Cup?- By: Simmerman Traynor

Description : Melbourne Cup 2012 is the biggest event in the Spring Carnival held each and every year. It is often referred to in the media as "The race that stops a nation". The races are attended by about 110,000 people annually. The Melbourne Cup is the culmination of several races previously run throughout the months of October and November.
The races at the Melbourne Events are run at Flemington Racecourse and commenced in 1861. It really is considered a public holiday. The races for that event include:
. Emirates Stakes Day
. Crown Oaks Day
. Emirates Melbourne Cup Day
. AAMI Victoria Derby Day
The tickets to each event are not too expensive so people coming from all avenues of life can attend. Emirates Stakes Day and Crown Oaks day cost from $55 for adults, $48 for students with proof of attendance and an ID, and $28 for pensioners. Emirates Melbourne Cup Day and AAMI Victoria day cost from $74 to 40, respectively.
The actual Melbourne Cup is run every year on the first Tuesday of November. The primary race will feature the G1 Melbourne Race, but the 9 other races will also be run. Even though the biggest race is run on the second day, however the first event is Victoria Derby Day. Other big events which follow the Melbourne Cup are Crown Oaks Day and Emirates Day.

Melbourne Cup betting is BIG in Australia
Australians are known for being ready to bet on virtually anything just as much for the wager is to prove a point.
The Melbourne Cup Trifecta the better's goal would be to pick perfect trifecta meaning to bet in order the first three finishers from the race.
The Melbourne Cup Quinella the better picks the first two to finish, but order is not important
In the Melbourne Cup Exacta requires that the better select the first to finishers in order.
The big one for betters is the Melbourne Cup First Four which requires that the better correctly select the first four to finish the race. The better who gets it right can win hundreds of thousands of dollars per dollar wagered. If you think about the number of people who attend these events and then think of the number of betters among them, that is a lot of dollars.

More than Racing:
The events are centered on racing, but other things matter and are a part of the fun. Women adorn themselves in high fashion and hats are more fanciful than every day styles. The big event is exciting for all who come to enjoy the races and get into the pageantry.
General admission tickets for the Melbourne become unattainable quickly as soon as the box office opens, so the tickets can be hard to come by closer to event time. You can get information about tickets on websites that provide tickets to the events regarding when tickets go on sell and how many per person or group may be sold.

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Author Resource : Melbourne Cup Betting