Tragedy at Melbourne Cup as horse The CliffsofMoher put down after injury

Melbourne's Spring Festival which includes the Melbourne Cup takes place at Flemington Racecourse

Melbourne Cup: UK galloper The CliffsofMoher put down after serious injury

However Appleby, who has plundered spring carnival riches for several years, and won Aussie Group Is with Jungle Cat and Polarisation, admitted he had no idea whether he was going to cash in again as the rain poured down before Cross Counter's Melbourne Cup tilt.

Cross Counter's victory was the first time a British-trained horse has won the race at Flemington, this year valued at $7.3m.

The Melbourne Cup is Australia's most important race with a history incredibly rich dating back from the inaugural event in 1861 through until tomorrow's big one.

UPDATES: THE horse that exited midway through the Melbourne Cup - the Aidan O'Brien-trained The Cliffsofmoher - has been euthanased.

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The five-year-old was pulled up 600m into the race by English jockey Ryan Moore, eventually stopping halfway around the first corner.

Follow all the live action from the Melbourne Cup as the "Race That Stops a Nation" gets underway.

In 2015, fan favourite Red Cadeaux was euthanised weeks after breaking his leg during the race. The Cliffsofmoher suffered a fractured right shoulder when injured in the Melbourne Cup, unfortunately could not be saved.

"Our thoughts are with animal lovers across the country who have been affected by this loss, and confronted by the very real risks posed by racing to the horses involved", RSPCA Australia spokesperson Jane Speechley said.

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Channel 7 commentator Bruce McAvaney said it was a "tragedy" while his colleague Richard Freedman had made a point of mentioning how agitated The Cliffsofmoher looked before the race.

Cliffsofmoher broke down just after passing the post the first time. "He's really sweating up badly".

Ladbrokes' website and app also went down in the run-up to last year's Melbourne Cup Day, setting off a storm of social media complaints from punters.

Cross Counter started at a $9 chance and initially settled in the second half of the field, but came through for victory, overtaking Marmelo, another British horse, in the last seconds of the race.

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