Melbourne Cup Latest Tips

Melbourne Cup Latest Tips

Melbourne Cup Day in Australia is one of the biggest meetings in the world.

Here are my Top 4 picks for the Melbourne Cup.

Jameka

Jameka has the form on the board and is our top pick for the race. She’s carried up to 55.5kg and won before, but not over two miles in a Melbourne Cup. But expect her to be at her best today.

Oceanographer

A very impressive win last start, will handle the distance and be there at the finish.

Hartnell

Hartnell had the unenviable job of taking on Winx last start, the Melbourne Cup might be his chance to make a name for himself.

Exosperic

Good run behind Jameka in the Caufield Cup has some chance.

Wicklow Brave

Solid European Form, has a real chance here.

The Melbourne Cup is one of Australia’s most prestigious annual Thoroughbred horse races. It is a 3,200 metre race for three-year-olds and over. It is the richest “two-mile” handicap in the world, and one of the richest turf races. Conducted by the Victoria Racing Club on the Flemington Racecourse as part of the spring carnival in Melbourne, Victoria, the event starts at 3pm on the first Tuesday in November and is known locally as “the race that stops a nation”.

The Melbourne Cup has a long tradition with the first race was held in 1861 over two miles (3.219 km) but was shortened to 3,200 metres (1.988 mi) in 1972 when Australia adopted the metric system. This reduced the distance by 18.688 metres (61.312 ft), and Rain Lover’s 1968 race record of 3:19.1 was accordingly adjusted to 3:17.9. The present record holder is the 1990 winner Kingston Rule with a time of 3:16.3.

The race is a quality handicap for horses 3 years old and over, run over a distance of 3,200 metres, on the first Tuesday in November at Flemington Racecourse. The minimum handicap weight is 50 kg. There is no maximum weight, but the top allocated weight must not be less than 57 kg. The weight allocated to each horse is declared by the VRC Handicapper in early September.

The Melbourne Cup race is a handicap contest in which the weight of the jockey and riding gear is adjusted with ballast to a nominated figure. Older horses carry more weight than younger ones, and weights are adjusted further according to the horse’s previous results.

Weights were theoretically calculated to give each horse an equal winning chance in the past, but in recent years the rules were adjusted to a “quality handicap” formula where superior horses are given less severe weight penalties than under pure handicap rules.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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