Did you know that horse racing is one of the most popular spectator sports in Australia? Aussies love to watch this sport. Also, it’s no surprise that a staggering 250,000 people work in the Australian horse racing industry.

Horse Racing is a Popular Sport

In Australia, thoroughbred racing usually reaches a peak during the spring and summer months. With over 2,500 races and 300 racing clubs, you can find horse races to watch and bet on every day. Horse racing also attracts millions of bettors in the land Down Under and from different parts of the world, with more than $14 billion wagered each year. However, of all these horse racing events, there are a few that stand out as the best or most important. Consider learning more about the Australian horse racing benefits to know why horse races are important to the owner, jockey, or

the fans.

The Melbourne Cup

One of the most famous and important races in Australia is the Melbourne Cup. It also appears on the list of the richest horse races in the world. Held in Flemington Racecourse on the first Tuesday of November, this Australia horse racing event has grown so popular that it attracts players and fans from different parts of the world. The Melbourne Cup is so famous in Australia that workers are usually given a partial day off to witness the event.

Ultimately, this is the reason why the race has been labelled as “The Race that Stops a Nation.” And true, everything in Australia, except hotels and restaurants, come to a standstill in early November. The winner of the 2019 Melbourne Cup went home $4.4 million richer, not to mention that the sixth to twelfth fastest racers take home a whopping $160,000. While other horse racing events in Australia, such as Everest, have surpassed the Melbourne Cup in prize-money, the latter remains the most famous equine sport in Australia and Oceania in general.