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:
“Healthy vanity sweeps through life. Sickly vanity lies in bed.”
—Mason Cooley (b. 1927)
“What terrible questions we are learning to ask! The former men believed in magic, by which temples, cities, and men were swallowed up, and all trace of them gone. We are coming on the secret of a magic which sweeps out of men’s minds all vestige of theism and beliefs which they and their fathers held and were framed upon.”
—Ralph Waldo Emerson (1803–1882)
“Each man has his own vocation. The talent is the call. There is one direction in which all space is open to him. He has faculties silently inviting him thither to endless exertion. He is like a ship in the river; he runs against obstructions on every side but one; on that side all obstruction is taken away, and he sweeps serenely over a deepening channel into an infinite sea.”
—Ralph Waldo Emerson (1803–1882)