October and November see many of the biggest and most important horse racing events in Australia; one of which is the Cox Plate. This particular race runs at the Moonee Valley Racecourse and is held in particularly high esteem as being the premier Weight for Age race in the country. For this reason there is an abundance of Cox Plate betting every year, with many of the finest thoroughbreds in the world taking part.
Having taken place every year since 1922, the Cox Plate may not be the longest established
thoroughbred horse race in Australia, but it has certainly seen its fair share of world class horses.
Previous winners have included the majority of Australian and New Zealand champion racehorses
such as Phar Lap and Tobin Bronze and seeing these magnificent animals compete is all part of
betting on the Cox Plate. However, be careful not to be swayed by a big name when deciding how to
bet on the Cox Plate; over the years, the pre-race favourite has only won around 41% of the time.
With a field limit of 14 horses, there are not as many runners to decide between as other big
Australian horse races such as the Caulfield Cup or the Melbourne Cup; however, it is still vitally
important to do your homework and look at the recent and long-term form of the runners and
riders. Although you will always receive the best odds by picking an outright winner when betting
on the Cox Plate, there is no shame in placing an each way bet to cover your back a little. Many
bookmakers run promotions particular to Cox Plate betting, and these often provide better odds and
occasionally money-back specials if your horse finishes in a certain place. It is certainly worth looking
into the different promotions available closer to the time.
The reputation and standing of the Cox Plate has grown considerably over the years; since 1979 the
race has been a Group 1 event, adding plenty of status to the race. Another reason why Cox Plate
betting is very popular among horse racing fans is that it is considered to be the truest test of a
horse's ability in the country; largely because of the famous previous winners. Also, since 1999 the
race has been the only World Series event held in the southern hemisphere.
IASbet is an excellent horse racing bookmaker and they will have full coverage of the Cox Plate
betting markets during October.
Another excellent Australian bookmaker is Luxbet; horse racing is generally very well covered here
and betting on the Cox Plate will be just the same.
Cox Plate betting will be in full swing come October and Sportsbet may even be running a few horse racing promotions to celebrate the occasion.
Betting on horse racing and big events such as the Cox Plate is very straightforward and user-friendly using an online bookmaker such as Centrebet.