It is the race that stops a nation and around the country today there will be many who stop the humdrum of their daily work to watch a thoroughbred race over 3200 metres from the famous Flemington track.  This is a truly great day in sport, not just Australian sport, and, frankly, if you are not a fan of this day of sport I simply say don’t read any further!

Melbourne Cup Day is a historically tough day on the punt and that being the case my investments will necessarily be smaller than on the other big days of racing during the year.

Here are my tips for Melbourne Cup Day 2014:

Melbourne Cup, Race 7

Best Bet:

Signoff (Number 24): Have been following this horse for a while and loved his run in the Lexus to get into the Cup.  Carrying the lightest weight in the race and carrying one of the best jockeys in the world I love this horse’s chances in the great race.

Best Value:

Red Cadeaux (Number 4): It is pretty simple, this horse seems to grow a leg in the friendly confines of Flemington and has come second in the last two runnings of this race. Paying $20ish in fixed price markets this horse is the best each way bet of the day.

Mega First Four:

It wouldn’t be the Melbourne Cup without having a wager in the first four.  With 24 horses in the race the first four is oft a lottery and that means both that it pays to include a lot of horses whilst there is a prospect of jagging a big dividend. I have picked 10 horses that I will be boxing in the first four as follows: