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The Moonee Valley Racing Club track has really developed over recent years with the Cox Plate bringing the best in thoroughbred ponies. Long-time Moonee Valley Racing Club secretary, the late Ian McEwen reiterated how much the Cox Plate would be the No. 1 race in Australia, if not the modern world. Betting for the event starts as early as August, with online betting sites accepting bets once the nominations for the big race are publicized. This is the time for punters in order to consider advantage on the generous possibility. 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.