Sweeps
The carnival, and particularly the Melbourne Cup attracts the interest of many people otherwise uninterested in horse racing, and special forms of very low-stake gambling are often used for this event. One common form for groups such as office staff is the "sweep", where each participant adds a small fee to a "pot" and draws the name of a horse like a raffle. Prize money is distributed to the person who draws the winning horse (occasionally smaller prizes are awarded to placegetters and the last-placing horse). A more complex and high-stakes form of the sweep is the "Calcutta", often held as a fundraising event for community organisations, which begins as in the sweep (though usually with a much higher initial stake), but which allows ticket holders to trade their tickets through an auction system.
Read more about this topic: Melbourne Spring Racing Carnival
Famous quotes containing the word sweeps:
“The theatre is a gross art, built in sweeps and over-emphasis. Compromise is its second name.”
—Enid Bagnold (1889–1981)
“There is a grandeur in the uniformity of the mass. When a fashion, a dance, a song, a slogan or a joke sweeps like wildfire from one end of the continent to the other, and a hundred million people roar with laughter, sway their bodies in unison, hum one song or break forth in anger and denunciation, there is the overpowering feeling that in this country we have come nearer the brotherhood of man than ever before.”
—Eric Hoffer (1902–1983)
“The main effect of a real revolution is perhaps that it sweeps away those who do not know how to wish, and brings to the front men with insatiable appetites for action, power and all that the world has to offer.”
—Eric Hoffer (1902–1983)