Cox Plate Betting

The horse racing Cox Plate is one of the greatest races in the world. Considered the premier weight-for-age race, Cox Plate betting is one of the most popular horse racing betting among sports bettors.

While it is an enjoyable event to watch, it’s actually one of the hardest-to-predict races on the Australian Group 1 calendar. Cox Plate offers massive prize money, making the title more enticing, hence attracting top competitors from across the universe. 

On the other hand, the winner of the race gains a ballot exemption into the Group 1 Melbourne Cup, and gamblers have numerous markets to pick from as well as lots of generous promotions to take advantage of. Keep reading to find out more about the Cox Plate race betting.

Cox Plate is the wealthiest weight-for-age race in Australia, with prize money of AUD5 million. The race is run over a unique distance of 2040 meters around the Moonee Valley track located in Melbourne, Victoria. 

Cox Plate was named in honour of WS Cox, the founder of Monee Valley Racing Club. Between 1999 and 2005, the event was included in the Emirates World Series Racing Championship, which comprised races from the U.S.A, Ireland, France, Canada, Hong Kong, Japan, Dubai, and England.

First introduced in 1922 when Violoncello won it, the event occurs in late October each year. In the early stages of the Cox Plate race, there were doubts about whether a younger competitor could emerge the Cox Plate winner, but in 1925, the hot favourite Manfred managed to win as a 3-year-old, paving the way for many young champions. 

Currently, the race is part of the Melbourne Spring Carnival and includes a two-day Monee Valley card that has a Friday night meeting with the Manikato Stakes, another Group 1 event that has been won by the likes of Lankan Rupee, Sunline, and Hay List.

The Cox Plate race is one of the main wagering attractions for bettors because of the favourites’ records in the competition. Favourites of bookmakers for the race have a 41% win rate, and favourites starting at less than $2 have a 70% winning strike rate. Any punter who feels comfortable wagering on even-money horses will find Cox Plate a perfect match.

In 1931, Phar Lap was the lowest-priced victor in history, winning just $1.07. And in 2016, the champion Winx created more history, winning the race by a record 8 lengths. The 5-year-old was odds on to earn back-to-back Cox Plates. In the last ten years, there have been five favourites, including the likes of Winx and Lays Cracieux.

Fans of the Cox Plate race usually have details on the event and field once they are released on the Tuesday before the weekend of the event. Every year, the Moonee Valley Racing Club provides the Cox Plate barrier draw after a special meeting at the Valley Race Course.

The Cox Plate acceptances provide bettors with their first chances to review the horses that’ll be taking part in the massive event. Also, it helps them to finalize their wagering preferences and jump on early odds before sportsbooks shorten them.

After setting the final track, punters should be able to survey the Cox Plate race form guide to take a closer look at all runners that’ll be competing. The Cox Plate track consists of 14 runners and 4 emergencies.

A full 2022 Cox Plate racing guide for betting, including all the betting tools such as predictor and speed maps, will be available once the barrier draw is done. When the race is closer, punters should maximize their bets with some betting tools such as sectional times, Cox Plate predictions, and speed maps. To make the most of every betting tool, you should be able to do lots of research.

Similar to all popular horse racing events, the barrier draws can make a massive difference to the final result. While the importance of the barrier draws in the Cox Plate event is debatable as a result of the long-distance of the race, the tight corners of the track, in most cases, make for pushy conditions. During the Barrier Draw Breakfast, the barriers are announced on the Wednesday before the main event in October.

Casual bettors are, in most cases, scared by the term odds. But the system of betting odds employed by gambling platforms is quite simple once you understand the basic terminology. Similar to other races, betting odds are simply individual prices offered by bookmakers for each competitor when placing a wager. 

The Cox Plate betting odds are dependent on the bet type being made and the probability of success. Competitors with low betting odds are believed to succeed, with wagers on outsiders providing more cash in exchange for reduced chances of winning. 

If you want to find value in odds when you bet on Cox Plate Race, you must have some Cox Plate tips. However, getting some useful tips for the Cox Plate race can be difficult, with self-styled racing gurus and betting websites, not on your side. To increase your chances of winning, you can take advantage of trusted bookmakers as well as enhanced Cox Plate odds offers that betting sites offer.

After choosing one of the best bookies for Cox Plate betting and completing the account creation process, you need to check some of the popular types of bets available. Popular types of bets for the Cox Plate event include the following:

Multi Bet: Choose the winning competitors of multiple bets or legs across different races/events.

Cox Plate Trifecta Bet: Select three horses that you think will finish first, second and third in the correct order.

Cox Plate Quaddie Bet: Select the winning racers of four nominated races at the same field.

Win Bet: Choose the competitor you think will complete the race in the first position.

Each-Way Bet: In each way betting stake an equal amount of cash on a horse to win or place in the Cox Plate event.

Place Bet: Choose a horse you feel will finish either first, second, or 3rd in the event.

Exacta Bet: Select two Cox Plate horses you think will complete the race first and second in the correct order.

There are numerous ways to watch the Cox Plate event live. These ways range from free-to-air broadcasters and pay-TV to sportsbook streaming services. Here are more details about these ways to watch Cox Plate.

You have the option to stream this racing event through your sportsbook account. To achieve this, you need to open an account with a bookie that offers live streaming services. While some sites offer free live streaming services, others will require you to pay a small fee. So check the bookies’ terms and conditions before you can open an account.

When it comes to Pay TV, one of these channels will broadcast the event; Sky Thoroughbred Central, Sky Racing 2, and Sky Racing 1.

For almost the last two decades, Channel 7 has always been the free-to-air home of the Cox Plate event. The channel does coverage on Saturday afternoons, but you sometimes need to switch between channels 73, 72, and 7.