HOW TO RUN A MELBOURNE CUP
A sweep is when a number of people pay to purchase a
coupon, each representing a horse. The tickets are given out randomly, and each
coupon costs the same (usually $1 – $5), so there is no skill element involved, and odds are ignored completely. The prize pool is made up of the receipts exclusively, and is divided out to the holders of the tickets for winning horses.
Typically, first place will win about half of the prize pool, with the remainder divided on a sliding scale to
second and third. There may even be some money given to last place, considering the random nature of a sweep.
Participating in a Melbourne Cup
sweep is an Australian way of life in workplaces and social clubs
throughout the country, becoming the focus of the days festivities.
At BettingOnTheCup.com we provide FREE
OF CHARGE Ready-To-Print Melbourne Cup Sweep forms and Draw Forms in