Cost to Enter a Horse in the Melbourne Cup?
Most Australians watch the Melbourne Cup every November and marvel at the multi-million dollar prizemoney that goes to the winner, but how many people have any idea of the cost involved to enter a horse in the race?
Balloting Conditions for the Melbourne Cup
The maximum numbers of runners in the Melbourne Cup is 24, and ballots are used to ensure that entries are reduced to 24 or less.