It is expected the race will draw a massive betting plunge, with punters shelling out $88 million last year with the TAB in Victoria and NSW alone. The Melbourne Cup carnival will see gamblers bet much more. In 2008, a whopping $171.1 million was bet on Cup Day in NSW and Victoria with a grateful Tabcorp, not including the busy bookmakers at the track.
The Victorian Racing Club is expecting a crowd of more than 100,000.
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