Celebrated as the race that 'halts a nation', the Melbourne Cup is rapidly approaching. This esteemed Australian flat horse race unfolds at the Flemington Racecourse. Below you’ll discover all the essential details concerning this year’s flat race spectacle.
- 1 Best Betting Sites for Melbourne Cup
- 2 Overview of the Melbourne Cup Tournament Format
- 3 Melbourne Cup Betting Odds, Special Offers, Tips & Predictions
- 4 5 Reasons to Bet on the Melbourne Cup
- 5 Live Streaming Melbourne Cup Betting Platforms
- 6 Favorite Melbourne Cup Betting Markets Explored
- 7 History of the Melbourne Cup
- 8 Similar Races to the Melbourne Cup
- 9 ThePuntersPage Final Say
- 10 Melbourne Cup Betting FAQs
Best Betting Sites for Melbourne Cup
UK Gambling Commission
This bookmaker holds a license from the UK Gambling Commission (UKGC) which ensures adherence to strict standards intended to foster fairness, transparency, and player safety. A UKGC license is a hallmark of reliability, safeguarding your funds and personal data while advocating responsible gambling. Learn more about the UKGC here
Payment methods (9):
    18+ Only new UK+IRE customers. Certain deposit methods & betting types are excluded. First bet of £5 minimum must be placed within 14 days of account registration with minimum odds of 1/2. This qualifies you for four £5 free bets. Free bets are valid for 7 days, with the stake not returned. No cashout, and other restrictions apply. Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
|
UK Gambling Commission
This bookmaker holds a license from the UK Gambling Commission (UKGC) which ensures adherence to strict standards intended to foster fairness, transparency, and player safety. A UKGC license is a hallmark of reliability, safeguarding your funds and personal data while advocating responsible gambling. Learn more about the UKGC here
Payment methods (4):
  18+ Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
|
UK Gambling Commission
This bookmaker holds a license from the UK Gambling Commission (UKGC) which ensures adherence to strict standards intended to foster fairness, transparency, and player safety. A UKGC license is a hallmark of reliability, safeguarding your funds and personal data while advocating responsible gambling. Learn more about the UKGC here
Payment methods (8):
18+ For new customers only. A minimum initial bet of £/€5 must be placed within 14 days of account registration at odds of 1/2 or greater, qualifying for 4 x £5 free bets. Use the free bet on selected sportsbook markets only. Free bets are valid for 7 days, with the stake not returned. Restrictions apply. Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
|
UK Gambling Commission
This bookmaker holds a license from the UK Gambling Commission (UKGC) which ensures adherence to strict standards intended to foster fairness, transparency, and player safety. A UKGC license is a hallmark of reliability, safeguarding your funds and personal data while advocating responsible gambling. Learn more about the UKGC here
Payment methods (11):
18+. Minimum deposit required. Free Bets are provided as Bet Credits and are usable upon settling of qualifying bets. Minimum odds, bet, and payment method exclusions are in effect. Returns exclude stake of Bet Credits. Terms such as time limits also apply. Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
|
UK Gambling Commission
This bookmaker holds a license from the UK Gambling Commission (UKGC) which ensures adherence to strict standards intended to foster fairness, transparency, and player safety. A UKGC license is a hallmark of reliability, safeguarding your funds and personal data while advocating responsible gambling. Learn more about the UKGC here
Payment methods (7):
18+ New customers exclusively. Register with BETFRED50. Deposit a minimum of £10 via Debit Card and place a first bet of £10 at even odds (2.0) or greater on Sports within 7 days to qualify for 3 x £10 in Sports Free Bets & 2 x £10 Acca Free Bets within 10 hours of settling. The 7-day expiration and certain eligibility & payment exclusions are applicable. Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
Upcoming Horse Racing Events
Overview of the Melbourne Cup Tournament Format
The Lexus Melbourne Cup stretches over a course of 3,200 meters, traditionally running on the first Tuesday of November.
Race timings and schedules will be updated as the event date gets closer.
Most businesses and educational institutions pause operations for Cup Day , as the entire nation tunes in through TVs and radios, earning its reputation as 'the race that stops a nation'.
Hundreds of thoroughbreds vie for Melbourne Cup contention. Various stages lead up to the race, requiring connections to pay fees to proceed with their ambition of making it to the Melbourne Cup field. Eligibility is partly determined by previous group race wins exceeding 2,400 meters. Horses are ranked out based on prize money earned over two years, past wins, and their allocated handicap weight.
Since the first race in 1864, Flemington racecourse has been the Melbourne Cup's venue , a testament to the event’s historical charm. The racecourse is 2,312 meters in circumference, including the surrounding areas, the overall length reaching 1.27 km. The playing ground lineup is announced on Victoria Derby Day at the start of November, with the Lexus Stakes giving participants another qualifying opportunity for the Melbourne Cup.
The VRC traditionally declares the final Melbourne Cup lineup and barriers by 5:30 pm . Hundreds are nominated for the Melbourne Cup every year; nevertheless, the final race hosts only twenty-four contenders , meaning most registered horses will not take part.
Melbourne Cup Betting Odds, Special Offers, Tips & Predictions
For Melbourne Cup wagering assistance, we’ve shared current odds and our forecasts for this eminent race. You’ll encounter attractive odds in Betfair’s exchange horse racing section while betting on the Melbourne Cup.
Stay updated with the latest Horse Racing Racecards & Results by visiting our updated racecards for the day.
Melbourne Cup Betting Odds 2022
Odds updates will be shared as the event approaches.
Melbourne Cup Tips & Predictions 2023
Predictions will be made available as the event date draws near.
Melbourne Cup Betting Promotions 2023
If you seek early odds for horse racing alongside rewarding promotions, direct your attention to Betfair , where you can land a £20 free bet.
-
Similarly, the bookmaker Paddy Power offers a competitive £20 free bet, recoverable if your initial wager falls through.
5 Reasons to Bet on the Melbourne Cup
The Melbourne Cup stands out as the wealthiest two-mile handicap race, with a prize fund nearing $8 million.
-
This race is the ultimate stamina challenge, and Kingston Rule, a horse trained by Bart Cummings, set an unbeatable 3:16.30-minute record in 1990.
-
For over 150 years, this race has been run, with 11 horses achieving both the Melbourne Cup and Caulfield Cup victories.
-
Schools and businesses shut down in favor of the action, dubbing it the race that 'halts the nation'.
-
One of the foremost multiple-time Melbourne Cup winners is Makybe Diva, who excelled over three consecutive years from 2003 to 2005.
Live Streaming Melbourne Cup Betting Platforms
Below are the best sites for live streaming the Melbourne Cup.
Favorite Melbourne Cup Betting Markets Explored
The Melbourne Cup attracts significant betting enthusiasm, surpassing numerous Australian horse racing events. Despite a decline (by around 15%) in recent turnover attributed to the global financial downturn, it set records in 2020 despite the pandemic. These are some well-known markets for horse racing betting, not limited to the Melbourne Cup.
Straight-Out Winner Betting
Placing a straight-out win bet on a horse in the Melbourne Cup is widely favored by enthusiasts . If the horse fails to finish first, you lose. Win bets offer higher payouts compared to place bets (described below) as they reward victories exclusively.
Place Bet - First Three Positions
Making a place bet means wagering on a horse to finish among the top three in the Melbourne Cup. Typically, place bets return a quarter of the odds of a winning bet . Such bets are widely favored at the Melbourne Cup because casual punters grasp that winning odds are significantly better than single-outcome wager odds .
Each-Way Betting
People sometimes discuss each-way bets. They involve backing a specific horse to win or finish prominently. If you place £10 each-way bet on a Melbourne Cup contender, it costs £20 since you wager £10 on victory and another £10 on finishing in a notable position. Should your horse triumph, you win on both aspects; if it places, you’re paid according to pre-race terms set by the bookmaker.
Quinella Betting
A quinella is when you bet on two horses you anticipate will finish first and second in any order. The sequence does not affect your payout. Quinella bets are the simplest multiple bet type at the Melbourne Cup.
Trifecta Betting
Trifecta bets are another multiple bet type commonly seen at the Melbourne Cup. You place a bet predicting which horses will end up in the top three positions . Winning a trifecta bet is challenging, but the payout is superior to quinella bets. A trifecta can start from as little as £0.50 and is often featured in a boxed format, allowing horses to finish in any order, or as a straight bet where horses must finish as chosen.
History of the Melbourne Cup
The Melbourne Cup has emerged as a prominent horse race, featuring three-year-olds covering 3,200 meters, with a storied past tracing back to 1861 initiated by the VTC (Victoria Turf Club). The race’s first iteration happened in November, attracting elite horses like Archer, the winner from New South Wales.
Winning the race more than once is a rare achievement for horses. Increased weights and unfavorable conditions demand exceptional talent to secure successive victories.
The graceful Makybe Diva defied odds with three triumphs at the Melbourne Cup. Another standout champion, Archer, claimed victory in the event’s initial two installments. Australia’s legendary equine figure – Phar Lap , achieved a 1930 cup win, earning an indelible place in the country's legacy.
The first Melbourne Cup presented a reward of 710 pounds but now offers upwards of $8 million, positioning it among the elite global horse races and the richest two-mile handicap. As a highlight of Australian culture, the Melbourne Cup is hosted by the Victoria Racing Club and stands as the nation’s favorite broadcasted event.
Recent Melbourne Cup Winners
| Year | Horse | Jockey |
|---|---|---|
| 2022 | Gold Trip | Mark Zahra |
| 2021 | Very Elleegant | James McDonald |
| 2020 | Twilight Payment | Jye McNeil |
| 2019 | Vow And Declare | C. Williams |
| 2018 | Cross Counter | K. McEvoy |
| 2017 | Rekindling | C. Brown |
| 2016 | Almandin | K. McEvoy |
| 2015 | Prince of Penzance | M. Payne |
| 2014 | Protectionist | R. Moore |
| 2013 | Fiorente | D. Oliver |
| 2012 | Green Moon | B. Prebble |
| 2011 | Dunaden | C. P. Lemaire |
Melbourne Cup Key Stats
-
There’s a whopping prize of $8 million.
-
The racetrack is 3,200 metres long .
-
It's the pinnacle race in Australian horse racing.
-
It first started in 1864 .
-
The race's record-holder, Makybe Diva, captured the crown three times.
-
Bobbie Lewis is recognized as the Melbourne Cup's most successful jockey with four wins to his name.
Similar Races to the Melbourne Cup
-
14th-16th June 2022 , Royal Ascot – Spanning five days in Berkshire, England, Royal Ascot is home to eight Group I races, while the Gold Cup stands as the event's centerpiece.
-
25th March 2023 , Dubai World Cup – Happening traditionally on the last Saturday of March, the World Cup features nine races, exclusively for horses aged three or older vying for the top honor.
-
6th May 2023 , The Kentucky Derby – As the premier leg of the Triple Crown, it boasts a prize purse of $2,000,000.
-
20th – 24th June 2023 , Royal Ascot – Spanning five days in Berkshire, England, Royal Ascot is home to eight Group I races, while the Gold Cup stands as the event's centerpiece.
ThePuntersPage Final Say
The Melbourne Cup is eagerly anticipated as the horse racing event on Australia’s calendar. The colossal audience of punters tunes in, with online bookmakers ready to provide entertainment. attractive odds 2023 Melbourne Cup Wagers – Equine Racing Tips & Current Odds
Melbourne Cup Betting FAQs
We are a reliable and reputable entity, committed to offering
top-tier content and exclusive deals to our audience. Please be aware that some links on The Punter's Pot may be affiliate links,
We endorse only those products and companies we genuinely believe in. For a deeper understanding, please explore our
Delve into this content section with our handy Table of Contents.
Outlined Structure for the Melbourne Cup Contest William Hill TV Betting Predictions, Odds, and Exclusive Promos for Melbourne Cup