My Cup Day losses

[1997 Melbourne Cup: The horse I backed, running fourth]

Well, it’s been another traditional Cup Day. Traditional in the sense that I lost all the money I bet. Yesterday I put a bunch of money on five random horses, and the closest any of them came was fourth. D’oh!

But there are compensations. I only lost $10. Crown Casino boss Lloyd Williams placed $500,000 in bets, on half a dozen horses. If I read the newspaper report correctly, he lost every cent. Sometimes, there is justice in the world.

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