cost to enter a horse in the melbourne cup
Melbourne Cup Entries for the Melbourne Cup usually close during the first week of August. The initial entry fee is $600 per horse. Around 300 to 400 horses are nominated each year, but the final field is limited to 24 starters. Following the allocation of weights, the owner of each horse must on four occasions before the race in November, declare the horse as an acceptor and pay a fee. First acceptance is $960, second acceptance is $1,450 and third acceptance is $2,420. The final acceptance fee, on the Saturday prior to the race, is $45,375. Should a horse be balloted out of the final field, the final declaration fee is refunded.