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What Does First 4 PAY Melbourne Cup?

First 4 is a type of bet offered by Australian bookmakers on thoroughbred horse races. It allows punters to pick the first four horses to finish in a race. It is a popular bet in Australia as it offers the chance of a bigger payout than a win or place bet, while still being easier to pick than a trifecta or quinella.

What is the Melbourne Cup?

The Melbourne Cup is a prestigious Thoroughbred horse race held annually on the first Tuesday in November at Flemington Racecourse in Melbourne, Australia. It is the richest “two-mile” handicap in the world and one of the most prestigious horse races in Australia. The Melbourne Cup is the only race to have been run since 1861, making it one of the longest running races in the world.

Why Is the Melbourne Cup so Popular?

The Melbourne Cup is one of the most popular horse races in the world, with millions of viewers tuning in annually to watch the race. Its popularity is due to its rich history and tradition, as well as its status as a major sporting event. It is a public holiday in Victoria and the race is broadcast live on multiple channels, creating a huge audience.

What Does First 4 Pay on the Melbourne Cup?

First 4 pays out a dividend if the punter’s selection of the first four horses finish in the correct order. The amount of the dividend is determined by the total amount bet on the race, the amount bet on the First 4, the number of winning tickets, and the size of the pool.

What Are the Odds for First 4?

The odds for First 4 vary depending on the race and the type of bet. Generally, the higher the number of horses in the race, the higher the odds of winning the First 4. The odds also vary depending on the amount of money bet on the race and the amount bet on the First 4.

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What Are the Different Types of First 4 Bets?

There are several different types of First 4 bets available. The most common type of First 4 bet is the “Standard” bet, which requires the punter to pick the first four horses in a race in the correct order.

The other types of First 4 bets include:

  • Exacta, which requires the punter to pick the first two horses in the correct order
  • Trifecta, which requires the punter to pick the first three horses in the correct order
  • Box, which requires the punter to pick the first four horses in any order
  • Quinella, which requires the punter to pick the first two horses in any order

How Do I Place a First 4 Bet?

Placing a First 4 bet is simple. Punters can place a First 4 bet at any on-course bookmaker or online betting agency. Punters just need to select their horses and the type of bet they wish to make, and then place their bet.

What Are the Benefits of Betting First 4?

Betting First 4 offers punters the chance of a bigger payout than a win or place bet, while still being easier to pick than a trifecta or quinella. It is also a great way to get involved in the excitement of race day, as punters can pick their own selection of horses and have a better chance of winning.

What Are the Risks of Betting First 4?

As with any type of betting, there is always the risk of losing money when betting on the First 4. Punters must be aware of the risks involved and only bet with money they are willing to lose. Punters should also be aware of the rules and regulations of the race and the bookmaker, and only bet within their limits.

Conclusion

Betting on the First 4 for the Melbourne Cup is a great way for punters to get involved in the excitement of the race. It offers the chance of a bigger payout than a win or place bet, while still being easier to pick than a trifecta or quinella. Punters should be aware of the risks involved and only bet with money they are willing to lose.