Yep, Its Melbourne Cup horse race day in Australia
As I explained earlier, its sort of an unofficial national holiday (it is an official holiday in Melbourne and the whole state (Victoria))
- The largest betting agencies will get hundreds of thousands of bets every minute
- TABCORP (the biggest) is anticipating 3000 transactions to be made each second in the immediate lead up to the Cup
- And more than 11.2 million bets expected by the end of the day