IT Planning for the Melbourne Cup

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When the bookmaker's or totalisator's stake is greater than the bettor's stake. A dream between horse racing enthusiasts has built up to a successful syndicate boasting 38 horses in training with Willie Mullins, with 400 individual owners involved. The tote board lists the current win odds for each horse, the total dollars bet on each horse to win, place and show, and a wealth of other information. For example, a $1 Daily Double wheel of 2, 3, 4 with 5, 6 would include six possible combinations at a cost of $6 and would be a winning ticket if horse 2, 3 or 4 won the first race and horse 5 or 6 won the second race.

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