Nov 12
Every November Melbourne host a very famous horse race. It is the equivalent to the Kentucky Derby. People get dressed up in the fanciest clothes they can afford. Even here in Brisbane on the day of the race women wear fancy hats all over town.
The daughter of our friend Karessa placed a $100 bet on a Knights Choice with odds of 100 to 1. Well Knights Choice won the race by a nose. The payoff was $10,000! The best part, there is no capital gains tax on gambling winnings in Australia.
