The marketing teams at Tom Waterhouse and Ladbrokes must have been comparing notes this spring. Hot on the heels of Tom Waterhouse’s $25 million prize pool for picking the first 10 horses in correct finishing order for the Melbourne Cup,…

If the $3 million Ladbrokes MegaPick promotion doesn’t excite you, Tom Waterhouse has launched a $25 million Melbourne Cup market. To participate you select the first 10 horses in correct finishing order in the Melbourne Cup. Each participating bet costs…