The dollar that paid off handsomely

Gai Waterhouse's year has ended in triumph with Fiorente giving the trainer her first Melbourne Cup win.

IMAGINE turning $1 into $118,652 after getting the Melbourne Cup first four straight out?

Well, one lucky Victorian TAB punter did just that when he correctly selected Fiorente, Red Cadeaux, Mount Athos and Simenon to be the first four horses over the line in the Melbourne Cup at Flemington yesterday.

He was one of the big winners on the race that stops a nation as punters wagered $90.6 million through the NSW and Victorian TABs on the Melbourne Cup.

Fiorente was the first favourite to win the great race since Makybe Diva in 2005 but the Gai Waterhouse-trained champion has already been installed as the $10 favourite for a repeat triumph in next year's Melbourne Cup.

Fiorente paid $7 for the Win on the NSW and Victorian totalizators, as well as $7.00 in TAB Fixed Odds betting.

One NSW TAB punter had $27,500 at $7.00 on Fiorente just before the race and collected $192,500.

The $90.6 million in turnover on the Melbourne Cup race, which was down 2.0% on the previous year, included:

#$47.5 million in NSW TAB betting.

#$34 million in Victorian TAB betting.

#$9.1 million in TAB Fixed Odds betting across both states.

Total NSW and Victorian TAB turnover on the 10 races at Flemington was $133.7 million, down 4.8% on 2012.

A punter at Sportingbet $24 into a life changing $107,190 after correctly picking the first four across the line in the 2013 Melbourne Cup.

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The punter from Dampier in Western Australia, who requested to be known only as Jados, selected Fiorente, Red Cadeaux, Mount Athos and Simenon in a boxed first four, which costs a total of $24 as it allows for 24 possible winning combinations.

Jados placed the bet online at Sportingbet.com.au on the morning of the Melbourne Cup.

"I'm Big Kev excited," said Jados. "The kids picked two horses and I picked the other two so I suppose I have to give them some of the credit.

"I've told all my mates but none of them believe me. My missus is completely stoked and she's already got a new car picked out.''

Sportsbet said one punter placed a $40,000 bet at $7 on Fiorente and collected $280,000.

Other big bets on Fiorente include $25,000 and $15,000.

"The punters got this one right with Fiorente. He had the best form, and punters who stuck with him were rewarded,'' Sportsbet's Shaun Anderson said.

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