Cox Plate Betting Tips

The Cox Plate is one of the most eagerly anticipated Australian handicap races of the year, and an invaluable form guide for the Melbourne Cup. The race attracts international attention, and good representation in the racing betting markets, also being one of the legs of the Emirates World Series Racing Championship.

Due to the large purse offered by the Cox Plate, the race tends to feature quality fields, and it is not unusual for the winner of the previous season’s Melbourne Cup to make an appearance in the race. The use of handicaps makes betting on the Cox Plate something of a coin toss, however, a number of betting trends have emerged over the history of the race.

Cox Plate Tips

• The antepost favourite only rarely fares well in the race, and the hit rate of the favourites in recent years has been less than 30%, which suggests that place bets on favourites may be a more viable option than outright bets
• Whilst the favourite is not a shoe-in for a win, it’s important to mention that entries priced over 20-1 rarely win the race, and recent results suggest that punters should restrict their bets to entries priced below 16/1 in the antepost betting markets

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