There's nothing else like it. It's the day when the horses fly, when they gallop at breakneck speed into the history books with the 20th running of the Sundowner Cup.
And when the Cooma Cup continues the traditions established as far back as 1854, when it was run for the first time.
The rest of the town comes to a standstill as up to 4,000 people - almost half the shire's population - heads out to the Racecourse for the annual Cooma Races.
This year, according to Cooma-Monaro Race Club president Mick Schofield, a runner called Back to Zero will be the one to watch in the Cooma Cup. It's already won the big one at Adaminaby only a couple of weeks ago.
And in the Sundowner Cup keep an eye on Iron Belle, which came second in Adaminaby.
"They'll both be hard to beat," Mr Schofield said.
He is pleased with the number of sponsors on board this year particularly major sponsors Cooma Nissan and the Cooma Ex-Services Club.
He is also pleased to be associated with so many service and community organisations - the Cooma Lions Club, the Bush Fire Brigade, the Cooma Monaro Railway, the Pony Club, and St Pat's P&F.
Off the track
Not all of the action is on the track. There are also the fashions on the field when the ladies show off the latest, the craziest, the prettiest, the most outrageous, the glamorous and the gorgeous.
They will be closely watched by the blokes, the young guns dressed in their yellow, red and green suits with hats to match, who will be strutting their stuff, and as often as they can.
How to get there
You can drive but for those wishing to have a drink there a couple of great alternatives - catch the courtesy bus from Centennial Park every 30 minutes starting at 11am, or ride on the train, also every 30 minutes.
There may be showers late in the day but for the most part it should be warm. Ideal for quenching the thirst, having a bet, and enjoying one of the best days of the year.