The TAB has marked the biggest day on its sporting calendar with a record 1.07 million bets on the Melbourne Cup and 2,529 winning bets placed on race winner, Cross Counter.
After a rain soaked day at Flemington, the race delivered plenty of excitement for punters across the country. Jockey Kerrin McEvoy took out the great race for the third time after previous wins on Brew and Almandin.
One Kiwi punter in particular will be celebrating winning $97,500 after putting $8,700 on Cross Counter at $11 odds.
“The Melbourne Cup is much more than just a horse race, it’s a 158 year old social and cultural tradition that brings Australia and New Zealand to a standstill,” says New Zealand Racing Board (NZRB) CEO John Allen.
“There has been a record amount of betting both online and in our TAB outlets. There was also great turnouts at our domestic meetings and the race itself delivered a real spectacle for viewer on top of an excellent programme of New Zealand racing.”
Allen says TAB customers also showed huge support for Kiwi Jockey James McDonald aboard Yucatan, with its strong backing sending flutters through the gathered TAB bookmakers.
“It’s known as the race that stops two nations, and the quality of today’s race showed why. Although the result wasn’t the one our Kiwi connections were looking for, tour homegrown talent is a credit to the wider industry in New Zealand which is successful in so many areas, from breeding to training and racing.”
- TAB turnover for the 158th Melbourne Cup race was approximately $10.6 million, equal to the record turnover in 2015
- At its peak 38,000 customers were on the TAB digital channels
- There were 2,133 online bets placed per minute
The Melbourne Cup is the curtain raiser to New Zealand’s most important racing, social and cultural event – New Zealand Cup and Show Week from 10-17 November in Christchurch.
Each year profits from the race are passed on to the racing industry.