Melbourne Cup big business for TAB
Despite the financial crisis, punters spent big at yesterday’s Melbourne Cup, with NSW and Victorian gamblers betting a record $95.6 million on the cup.
The figure was up more than $7 million on last year, as punters were determined to do their best to overturn the economic slump.
Gary Davies at TAB SportsBet said Victorian punters wagered $39.6 million on Australia’s favourite race, up from $37.1 million last year, with their NSW counterparts kicking in $56 million, compared with $51.2 million in 2008.
He said the two biggest bets on the winner were at fixed odds of $12, with one gambler risking $40,000 to win $440,000, and another betting $27,000 to walk away with $297,000.
Despite the financial crisis, punters spent big at yesterday’s Melbourne Cup, with New South Wales and Victorian gamblers betting a record $95.6 million on the Cup.
The figure was up more than $7 million on last year, as punters were determined to do their best to overturn the economic slump.
Gary Davies at TAB SportsBet said Victorian punters wagered $39.6 million on Australia’s favourite race, up from $37.1 million last year, with their New South Wales counterparts kicking in $56 million, compared with $51.2 million in 2008.
He said the two biggest bets on the winner were at fixed odds of $12, with one gambler risking $40,000 to win $440,000, and another betting $27,000 to walk away with $297,000.
