Sportsbet have spilled the beans on a great new promotion for Melbourne Cup. They are calling it their “Melbourne Cup Fourth Placed Special”. [sportsbet] will be paying Each Way bets down to four places on the Melbourne Cup! This increases your place bet chances from 12.5% to close to 17%!

To be eligible you just need to place an each way wager on the 2010 Melbourne Cup before midnight on Monday at [sportsbet].

This is an amazing offer, if you are not a member yet, join [sportsbet] now.