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The Moonee Valley Racing Club track has come a long way over time with the Cox Plate bringing the best in thoroughbred farm pets. Long-time Moonee Valley Racing Club secretary, the late Ian McEwen reiterated the undeniable fact that the Cox Plate is your No. 1 race in Australia, if not the environment. Betting for the event starts as early as August, with online betting sites accepting bets once the nominations for the big race are reported. This is the time for punters to take advantage from the generous odds. Of course, there are no guarantees for ante-post betting, which is why some punters wait for close to race day when the final field and handicaps are announced.