Melbourne Cup Betting Guide
The Melbourne Cup, held on November 1st every year in Flemington, Victoria, has traditional become an Australian Carnival. There is literally no bigger horse race in Australia as the nation turns its eyes towards the Melbourne suburb.
Melbourne Cup Betting
Melbourne Cup betting begins the moment the horses cross the line. Within minutes wise PR guys throw prices into the betting ring for the following year’s race. Invariably those Melbourne Cup odds involve the horse that has just won but only four Melbourne Cup horses have won the race in back-to-back years since its 1861 inception.
Globally Melbourne Cup betting is a mega event. Ante-post books are opened months in advance and can fluctuate wildly as the anticipated participation of horses is confirmed. The latest Melbourne Cup odds normally feature the names of major race winners at the top of their list. This year is no exception with Royal Ascot’s Gold Cup winner, Order of St George the clear favourite.
Of course, being a large field handicap in this race is always each-way terms of ¼ odds for positions 1-2-3-4, which makes a bet on a Melbourne Cup outsider all the more attractive. The 2015 Melbourne Cup winner, 100/1 shot Price of Penzance, being a profitable case in point.
When it comes to Melbourne Cup bets, the bookmakers are keen to not miss a trick or a potential customer. They are known to employ racing personalities and experts to write features, or appear in videos offering up a Melbourne Cup betting guide featuring all the latest information including betting tips, Melbourne Cup odds, bonuses and betting promotions for the race.
Melbourne Cup Odds
Some of the strongest fancies and latest Melbourne Cup betting odds favourites at the time of writing include:
- Order of St George (10/1) – The Irish-trained horse is currently on a winning streak of six, and has landed all three of his 2016 starts including Royal Ascot’s Gold Cup.
- Big Orange (20/1) – A determined front-runner from England who won the Goodwood Cup for a second consecutive year in 2016 and finished fifth in the 2015 Melbourne Cup despite starting from barrier 23.
- Winx (20/1) – The Australian super-mare has now won her last ten starts, all but one victory was in Group 1 or Group 2 company.
- Max Dynamite (20/1) – The French-bred Irish trained runner who finished a half-length runner-up in last year’s Melbourne Cup.
- Amralah (25/1) – This six-year-old entry began his career in England but joined Robert Hickmott at the end of 2014. He won a Group 2 handicap when last seen in October 2015.
Melbourne Cup Tips
With horses being shipped in from all over the globe and the weights for the great race yet to be announced, the final field of 24 is a long way from being set. There are 12 races which feature a free pass into Melbourne Cup, The Cox Plate and Caulfield Cup being two of the most notable.
The Caulfield/Melbourne Cup double will be priced-up by online sportsbooks but it has only been achieved 11 times since 1939, the latest being Ethereal in 2001. Dunaden did win both races but took the 2011 Melbourne Cup before landing the 2012 Caulfield Cup.
Our Melbourne Cup tip is the English-trained Mizzou who will be attempting to give his Italian trainer, Luca Cumani, his first Melbourne Cup success after eight attempts and some near misses.
His lightly-raced five-year-old could be a very well handicapped horse as he has yet to win above Group 3 level but he has chased home Order of St George and Max Dynamite in major staying races during the past 12 months.
Many different Melbourne Cup bets are still yet to come, as we get closer to the race. Stay posted for the latest free bets and other offers on the race.
Melbourne Cup Free Bets and Promotions
The Melbourne Cup bets represent something of a silly season in bookmaking with major online bookmaking firms sure to launch a raft of offers designed to attract your business.
Shop around and you are sure to find Melbourne Cup free bets, enhanced odds, money back specials and numerous concessional offers on the great race.
If you are lucky enough to be eligible for a piece of this pie – most probably as a first-time depositing customer – we recommended you identify ways of hedging the bets you have placed for cash.
Melbourne Cup History
Originally it was the Arlington Million, by the mid 80’s it was the Breeders Cup, then the Japan Cup. But for the past 23 years the Melbourne Cup is the one international race meeting everyone wants to be involved in.
Nothing comes close, not even the Dubai Carnival with its enormous prizes, to the first week in November and the build up to the fabled Melbourne Cup.
Of course, 23 years ago is a very specific time, but 1993 was the year Vintage Crop re-wrote the record books by becoming the first ‘overseas winner’ of the Melbourne Cup, opening the floodgates for countless riders from around the world to stake a claim to the 3,200 metre handicap race.
The Melbourne Cup Experience
The Melbourne Cup is an Australian institution. It deserves it’s billing as ‘The Race That Stops a Nation’ and can only be compared to the Grand National in England and the Superbowl in America in terms of popularity amongst people who would not normally take an interest in the sport.
More than 100,000 people will squeeze into Melbourne’s Flemington Racecourse on the first Tuesday in November, for the 156th running of the race which has a total prize-fund of $6,200,000!