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A punter has waited until Melbourne Cup day morning to open their wallet and place a whopping $200,000 bet on the race.

The punter with the TAB hasn’t been deterred by the wet weather and has place a massive $100,000 each way on race favourite Yucatan to win the Melbourne Cup at $6/$2.25 to collect $825,000 if successful.

The bet is by far the biggest taken on the race so far. View more Big Bets on the Melbourne Cup HERE.

Cup Field 🏆: View the 2018 Melbourne Cup Field

 
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