Like many big racing events, the tips often come flooding in when the Cox Plate gets closer. In fact, it can sometimes be overwhelming trying to make sense of all the advice on offer from various commentators. The Cox Plate is well known as a race for purists, so there is always a lot of information out there for experienced punters. It can sometimes seem difficult for beginners and casual punters to get a feel for the race however, although a few simple tips can make it much easier.
Pay Attention to Lead Up Races
It is very important to keep a keen eye on specific lead up events, which can offer valuable clues on the outcome of the Cox Plate. Along with the past results of your favourite horses, it is also important to pay attention to the details of lead up races. Some of the most important details include the distance, field size, and track conditions, as well as the length of time between lead up races and the Cox Plate. Different horses can perform very differently depending on conditions, so it is always a good idea to do your homework.
Favourites vs Outsiders
There are advantages and disadvantages no matter who you put your money on, with shorts odds more likely to payout but long odds offering a much bigger payout. In general, inexperienced punters tend to pick favourites, and this is often a clever decision. However, there is no guarantee that a favourite is going to win, the only guarantee is that a favourite will always produce a relatively small payout. On the other side of the coin, if you plan on picking an outsider, it is always advisable to do some homework first.
There are various bets you can make on the Cox Plate, including the popular win, place, and each-way options. However, exotic bets can also be a good option in some situations, with very lucrative payouts on offer. There is a misconception that exotic bets are only relevant for experienced punters, but this is not necessarily the case. Exotic bets for the Cox Plate include the trifecta, quinella, exacta, and first four, and can be a great way for beginners to build their confidence and have fun on the way.