Overview
Melbourne Cup disaster is an Australian iconic horse race that brings the nation into the state of anxiety and attracts the largest crowd every year. It is the most money bet on one race and always forms the latest news in Australia. The 3200 meters race comes with current price purpose of about 6.2 million dollars with and the winner walks away with 3.3 million dollars.
Traveling to this crazy event requires you to arm yourself psychologically. There are some tips that you should apply to ensure you are far away from being caught up in the racing hype. Just as the name suggest, this social event is like a disaster.
When the event kicks off, millions of dollars are normally on the line as punters have tests on their lack in the race. It will make a dent the nation’s savings account.
In the substantial multi-bet in the punter is considered to have experienced a dream run to place himself in a position to win an approximate amount of 468,000 dollars on race seven at Flemington. The majority of people who takes part in the race claim that they don’t want to win small and instead win big.
With almost half a million people on the line, the race can either be a complete life changing jump. On the contrary, it can also prove to be a brutal reality in one’s life, especially for the bigger risk takers.
The free offers
People usually get excited when offered free bets. Also, there are several other promotions that will tempt you to get into. The promotions may appear attractive only to notice later when your money is gone.
The prize pool
The size of the pools is bigger and massive compared to any other race in Australia. A lot of marketing is involved here to persuade you to get yourself into the bet. You will be told that even if you place a bet with only one dollar, that one dollar will have already increased in value because of the larger pool.
Avoid carrying ATM to be social event
If you are going to the track carrying cash is very appropriate rather than carrying ATM cards. You should also consider leaving your credit card at home to avoid any mid function movements to the ATM to look for funds get back to get back what you have lost then. This tendency may make your bank account empty within a very short time.
Early confidence
Having to quit early success may carry you away. Normally people who win big first moments when they involve in gambling are more prone to experience problems of gambling. Gambling is tricky hence the early win should not make you lose everything.
There are no guarantees
You are not guaranteed that you are going to win. Gambling involves chances of winning as well as chances of losing. The favorites have just 23% record of winning the bet with only 34 out of 150 favorites taking the first place.
Conclusion
Melbourne Cup disaster is a social event having two possible chances of either changing your life completely or showing you the harsh reality of life forming the latest news in Australia.Consider following the above simple precautions to hopefully avoid the terrible headache of losing.