The Melbourne Cup is on the first Tuesday in November.
It’s a public holiday in Victoria.
People love to dress up in fancy clothes.
Many offices have sweepstakes, where you can win money by picking horses.
On Cup Day, you can see people having picnics at the track and drinking champagne.
It’s a fun day!
But some people worry about gambling.
They think it can be bad for some people.
Overall, it’s a big event for everyone to enjoy.