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Once the race is run, the prize money is divided amongst the ticket-holders of the winning horses. Ordinarily, first place wins approximately half of the prize pool, with the rest distributed on a sliding scale to second, third, and sometimes fourth place.
Depending on the type of Melbourne Cup sweep, some prize money may even be awarded to the horse that finishes last. The format is simple: first you buy into the sweep, then all entrants get the chance to draw a Melbourne Cup horse until each horse has been assigned to a purchaser. So in reality there is no element of skill involved. The prize pool consists of the proceeds made from ticket sales.
This pool is then divided out among the winning ticket holders. Generally the winner will take out half of the prize pool with the remainder divided on a sliding scale to second, third and sometimes fourth place. But ultimately the distribution of funds is up to the sweep organiser. Create a Racenet account Email address. Melbourne Cup Results. Verry Elleegant 19 6yo Mare. T: C Waller. J: J McDonald 52kg. Incentivise 16 5yo Gelding. T: P Moody. Select up to 24 players in your office sweep.
Click Generate Sweep. The generator will randomly allocate a horse to each player. Online Melbourne Cup Sweep steps for people working from home or unable to mee up with family due to restrictions: 1. Fill out the number of participants 4 - 24 , buy in per person, and participants' names. Please note depending on the number of participants, you might end up with different number of horses allocated to each person in order to use all 24 horses this is in case there are no scratchings. Click "Generate Sweep" 3.
To share the generated sweep with participants, you can either print it or share it online via the options available. Wait for the big race results! Share the Prize money between the top three runners, and of course whoever comes last! Whether it's for the home or the office or even working from home in , running a Melbourne Cup sweep has never been easier with Punters! The Melbourne Cup Sweep Kit is available to download now as the final field has been settled at the conclusion of the barrier draw after racing has finished on Derby Day October 30 !
First time running a Cup Sweep? Don't worry it's a piece of cake, see our "How-To" guide below for full instructions on how to conduct your Cup sweep. A sweep is a chance-based competition that is commonly applied to popular sporting events, in this case the Melbourne Cup.
It is known as a form of betting pool or lottery, commonly played amongst friends or in offices with work colleagues. Melbourne Cup sweeps are very popular in Australia. The tickets are sold randomly and the prize money is funded by the ticket costs. The aim is to hopefully draw the winning Melbourne Cup horse and then collect your winnings!
The format is simple: first you buy into the sweep, then all entrants get the chance to draw a Melbourne Cup horse until each horse has been assigned to a purchaser. So in reality there is no element of skill involved.
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