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The Moonee Valley Racing Club track has progressed significantly over the years and months with the Cox Plate bringing out the best in thoroughbred horses. Long-time Moonee Valley Racing Club secretary, the late Ian McEwen reiterated that experts claim the Cox Plate might be the No. 1 race in Australia, not really the country. Betting for the event starts as early as August, with online betting sites accepting bets once the nominations for the big race are published. This is the time for punters in order to consider advantage on the generous chances. Of course, there are no guarantees for ante-post betting, which means that some punters wait for close to race day when closing field and handicaps are announced.