The 2020 Melbourne Cup at Flemington on Tuesday 3 November includes an added twist this year. The Covid-19 pandemic has disrupted racing in some countries that normally send horses over to chase a share of the massive prize money.
The top 12 finishers all get a share. First prize is $4.4 million. Second place is $1.1 Million, more than the entire pool of quite a few Group 1 races.
Third place – $550,000
Fourth place – $350,000
Fifth place – $230,000
Sixth through 12th place – $160,000
Disclaimer: Go ahead and bet on our top five if you are so inclined to chase the winner. Just know that the Race That Stops a Nation is such a challenging punt that many punters shy away. With a field of 24, picking the one offers just over a four percent chance. Read More Here …