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The Melbourne Cup stands as Australia's most esteemed horse race, with a rich history dating back to 1861. We'll delve into the evolution of the race, the cultural significance it holds in Australia, and the stories of legendary horses and jockeys who have left an indelible mark on this iconic event. Kayo is an Australian sports entertainment streaming, Odds and probability are fundamental concepts in betting that influence decision-making and potential returns. This article explores the significance of odds, how they are calculated, and the role probability plays in shaping the betting landscape.

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