The 2023 Memsie Stakes will be run on Saturday 2nd September at Caulfield racecourse over 1400m with total prize money of $750,000. The race is the first Group 1 race of the Melbourne Spring Racing Carnival and heralds the beginning of a bumper two months of racing.
The Memsie Stakes is a Group 1 race run over 1400m at Caulfield racecourse. It is the first Group 1 race of the prestigious Melbourne Spring Racing Carnival. The race attracts a quality field of the best gallopers in the land with a number of the leading stables using the race to begin lengthy Spring Racing Carnival campaigns.
Mastering Memsie Stakes Betting
There are a number of key factors that need to be addressed when betting on the Memsie Stakes. Form analysis and getting the best odds are crucial to success. Some online bookmakers have promotions that enhance the chances of a collect and/or guard against a bad beat.
Research and Analysis
The 1400m distance of the Memsie Stakes adds to the intrigue of the race. Quality sprinters who are deep into their racing campaigns are stepped up in distance to 1400m in an attempt to snare an illustrious Group 1. In contrast to that, a number of the best horses in the land use the Memsie Stakes as a race to begin their long Spring campaigns with an eye to the more lucrative and prestigious marquee races later on.
Can the sprinters run out a strong 1400m and defeat their better credentialed rivals? How far advanced in their fitness are the stars returning for the Spring? These are all factors that need to be assessed when placing a bet on the race.
Horse Selection
Analysis of recent Memsie Stakes winners provides some interesting insights into the race. Horses that run well in The Group 2 PB Lawrence run at Caulfield a fortnight earlier have a good record in the Memsie and run well, making it the best form lead in race by far.
Punters have fared well in the Memsie in recent years with HUMIDOR ($21 in 2018) the only upset result in the last eight years. The barrier draw is also crucial in the race with King’s Rose the only winner to have jumped from a double-digit gate since 2004. With so many horses having their first or second run back from a spell it is unlikely that connections will risk a gut busting run from a wide gate so early in the horse’s preparation.
Put simply, gallopers who are 5yo or older and are having their first or second run for the prep run well in the Memsie Stakes. With more than one horse fitting those criteria each year the challenge is to pick the right horse!
Watching the Races
The Palmerbet app now provides access to live horse racing through Racing.com meaning that there is no excuse for missing a race. They have comprehensive analysis of Victorian and South Australian racing providing another reason to bet with Palmerbet.
Setting a Budget
Bankroll management is just as important as picking the winner! Once a bettor has decided on their betting bank (money put aside for betting) they should work back from that to establish a bet size. Opinions vary on how much of the betting bank should be wagered on any individual bet with 1-5% of bankroll recommended. This will ensure that you aren’t “knocked out” for the day due to some bad luck and stakes can progress in size when the winners flow.
Conclusion
The Melbourne Spring Racing Carnival is an exciting time of year for racing fans with huge crowds attending race days. With so many online horse racing bookmakers available it is essential to choose one that can be trusted and offers a fantastic product. The Palmer family have bookmaking in their veins and aren’t afraid to take a bet. They are regulated within Australia and combine old school service with modern technology.
Visit Palmerbet.com and start racing betting with them today. You will be glad you made the switch.
