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November 4, 2024 6 mins

The 2024 Melbourne Cup is upon us- and it's a big day for gambling fans.

The TAB says this is one of the biggest days for the platform, with Kiwis projected to spend up to $30 million on betting.

Racing commentator Mick Guerin says there's three Kiwi-trained horses in the mix - but they're long-shots to win.

"We lose a lot of our best talent, much like we do with rugby players going to France or England. We lose people because of the market share and the economics of it, so we don't always have our best horses racing in the Melbourne Cup."

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Speaker 1 (00:00):
Heather Duplessy. LA nine two ninety two is the text number.
Standard text fees apply now to the Melbourne Cup because
this is the big sporting event of the day, isn't it.
The TAB is estimating that New Zealanders are going to
collectively spend about thirty million dollars betting on the Melbourne
Cup today. There are three Kiwi horses taking part in
the big race at Flemington. You got sharp and smart,
you've got positivity and you've got trust in you. We're

(00:22):
going to be broadcasting, as I said, the race live
and free right here on Newstigs. There'd be at five
o'clock today. Mckgeran is the New New Zealand Herald's racing editor,
is with us. Now, Hey Mick, hey you that.

Speaker 2 (00:32):
How are you? And I hope your listeners are having
a cool Tuesday?

Speaker 1 (00:34):
Yeah, meet, Well they're about to get a lot cooler
in about fifty minutes, isn't it. Who's going to win?

Speaker 2 (00:40):
It's it's a tricky one. There's twenty three horses in
the race here that usually there's twenty four, but one
of them got scratched last night. Because the vets take
this race really seriously. If a horse has any little
tiny issue, whether that's structural or in any muscle or
the heart, they say, nope, you can't start, even if
the train is or owners aren't happy about it. So

(01:02):
after all of that, twenty three horses. They come from England, Ireland, France, Japan,
New Zealand and Australia. The Europeans are better at doing
this type of racing two mile racing or thirty two
hundred meters, and therefore they are the smarter bet. Now,
if you are going to have a bet today, listeners,
don't blow the rent money by all means, blow the

(01:23):
cappuccino money. If you can ever five or a ten,
you'll be okay. And I think bad's going to happen there,
but I do think that you could be smart if
you want to have two horses in the same race.
Number one is vau Barn. Now, he's really good and
he's the best horse in the race, but he's not
proven in Australia, which is a lot warmer obviously than Ireland.

(01:43):
So it's twenty seven great degrees there today. Last year
you're going a bit too syped up either, he's going
to bit too over the top, and there's eighty thousand
people there and he didn't like it much, but they
bought him out earlier this year and acclimatized him. He's
the best bet. He's paying seven dollars fifty. So if
you have twenty dollars to spend, and again I'm not
saying you should do that, but if you have twenty

(02:05):
spear ten dollars on voubar number one, and then your
other bit is number thirteen one smooth operator. Now he
is also from England. He's actually from York and the
top of England, but he's been out here. He's acclimatized
and he won race at Geelong two weeks ago. So
the flies, the heat, the Australians, those things aren't bothering him.

(02:28):
He's in a pretty good mood about life at the
moment and he's got a lightweight and his jockey, Craig Williams,
has won the cup before. So if you split your bit, Heather,
and I know you won't because you're working, but on
one and thirteen and you spend that cappuccino money, maybe
tomorrow you'll get two or three cappuccinos back. We can
add a cake to your orders. That's my legitimate punting

(02:51):
advice to those often.

Speaker 1 (02:54):
Other than just being you know, wise with your money,
why would you not blow your rent money on it?

Speaker 2 (03:01):
I do either. I bet semi professionally, so I bet
to that level. But it's no different to if you
don't research shears, you shouldn't be investing in the sheer market,
going to a fund and let them do it for you.
If you don't understand real estate, don't go buying a
whole of our houses. It's like anything like that. If
you don't understand a subject, but you still want to
have the fun. Like all people who are betting today,
it's going to the movies. When you go to the

(03:22):
movies at costua twenty or thirty or forty bucks, you're
training time for money and you enjoy the experience. But
you're also not becoming a movie critic or you're not
buying a movie theater. So that's the way I look
at punting today, and for many people it's the only
time they'll bet for the entire year. Enjoy it. If
you have a horse named after your auntie or your
favorite color, look legitimately they can win a New Zealand

(03:45):
horse called Prince of Penzance one paying one hundred dollars
back in twenty fifteen. But if you want to not
be bothered thinking one and thirteen, that's sort of lucky
numbers feather and it's about the best I've got there.

Speaker 1 (04:00):
Okay, why are the key we horses not in there?
What's going wrong with us?

Speaker 2 (04:04):
We sell most of our really good staying horses, so
these are called stayers. Horses who race past twenty four
hundred meters are called stayers. If you have a good
stayer in New Zealand, you'll tend to sell it because
a horse who's a Melbourne Cup type horse, you'll get
offered a million a million and a half when they're
three years old if they are good enough, and most
people are going to sell those horses, particularly there's only

(04:27):
two or three people the horses is life changing money.
We also sell a large percentage of our really good cults,
that's male horses, to Hong Kong, so we lose a
lot of our best talent, much lot we do with
rugby players going to France or England. We lose people
because of the market share and the economics of it,
so we don't always have a best horses racing in

(04:47):
the Melbourne Cup, but also the Melbourne Cup these days
isn't about the far lapse. The absolute best horses don't
run in it because a lot of them because of
the way we breed them. There race of that sort
of twosan met range because it's worth eight million dollars
today either but the Everest, which is twelve hundred meters
a lot shorter, is worth twenty million.

Speaker 1 (05:09):
Oh geez.

Speaker 2 (05:10):
So there's a lot of races which are shorter and
therefore people breed or train horses to run in shorter distances.
Whereas back in the day when Farlette was winning this
ninety six years ago, when the room was they were
all trained for this type of racing. So racing's changing,
breeding's changing. But New Zealand, because of the size of
the place and the struggles we used to have, things

(05:30):
are far better now. But we had struggles financially in racing.
We were selling a lot of our horses. So to
those who've gotten today this is a huge deal. You're
competing with a pool of thousands of genetically superior horses
to get them into the race. So those three New
Zealand horses who have gotten, which means they make up
twelve point five percent of the field. They've done pretty

(05:52):
bloody well.

Speaker 1 (05:53):
Yeah, actually, very good point, Nick, Thank you for to us.
I really appreciate mcgerran, Zeeland Herald Racing editors. So if
you can't remember what makes sense number one and number thirteen,
do not blow the rent money, always be over eighteen
and bet responsibly and stuff like that, et cetera. For
more from Heather Duplessy Allen Drive, listen live to News
Talks at b from four pm weekdays, or follow the

(06:14):
podcast on iHeartRadio.
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