Pick a Winning Horse: Hotel Investment Hotspots

The Melbourne Cup is one of the richest horse races in the world, with prize money topping A$6 million in 2016. For the high rollers, it all comes down to 24 horses and 3,200 metres of turf. For the rest of us, the process of betting on a horse can seem…complicated. Aside from the betting form itself, which can be difficult to decipher, you have the actual logic of choosing horses. You’re also effectively betting on trainers, jockeys, running styles, weights, distances, classes, and post positions. The more you understand about these details, the more informed your bet is.

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The Race That's Stopping a Nation: What Real Estate and Horse Racing Have in Common

For many, the Melbourne Spring Racing Carnival means beautiful weather, the thrill of the track, and a modest wager or two. For others—namely the trainers, owners and big gamblers—it’s serious business. Tens of millions of dollars are at stake—not to mention the glory and prestige of marquee events like the Melbourne Cup and the Cox Plate. It may be a pleasant afternoon for the casual spectator, but for anyone with a lot of coins in their pocket, fortunes are won and lost in the pounding of hooves.

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