Just thought I'd let people know considering I reckon it's a pretty good promotion... Each week (for 8 weeks) you need to pick a horse from the 4 races they give you. The first 4 weeks your horse will need place or you will be knocked out of the competition, the second 4 weeks the horse you select will need to win. Last man standing wins the 50k, free to enter just need to sign up for an account if you don't already have one.
Lucky the first couple of rounds are just placings, Pierro would of wiped out the majority of the competition.
Only 9 people were on Green Moon in the Melbourne Cup and then no one picked the winner the following week so they'll share the 50k.