Melbourne Cup Free Bets, Betting Offers & Odds 2026

The ‘Race that Stops a Nation’ is back

Updated: November 2, 2026 at 3:52 pm GMT+0

The Melbourne Cup is Australia's biggest race and one of the richest handicaps in the world, and the 166th running takes place at Flemington on Tuesday 3 November 2026.

Below, you'll find the best free bets and offers for UK customers, and live odds from the top horse racing betting sites.

Here are some top free bet offers for Tuesday's big race.

🏇 247Bet Melbourne Cup Free BetsBet £10 & Get £30 in Free Bets
🏇 Quick Bet Melbourne Cup Free BetsBet £10 & Get a £25 Free Bet
🏇 Bet442 Melbourne Cup Free BetsBet £20 & Get £20 in Free Bets
🏇 kwiff Melbourne Cup Free BetsBet £10 & Get £40 in Free Bets
🏇 7bet Melbourne Cup Free BetsBet £10 & Get £30 in Bonus Bets

Melbourne Cup Free Bets

Check out the top free bets for the Melbourne Cup and other betting offers below.

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How To Claim Free Bets For The 2026 Melbourne Cup

Claiming free bets for the Melbourne Cup is a simple process.

Follow these steps to find an offer and claim your bonus:

1
Choose a Bookmaker Browse the offers above, pick the bookmaker that best suits your needs & click through to its sign-up page to get started
2
Register an Account
Fill in the registration form with your details & provide any identity verification documents requested by the bookmaker
3
Make a Deposit & Qualifying Bet
Deposit the required amount & place your first qualifying bet, ensuring you meet the minimum stake & odds requirements outlined in the offer terms
4
Wait for Your Free Bets
Once your qualifying bet has settled, any free bets you're eligible for will usually be credited to your account in line with the offer terms
5

Use Your Free Bet on the Melbourne Cup
Check the eligible markets & use your free bet on the Melbourne Cup

Melbourne Cup 2026 Final Field & Barrier Draw

The barrier draw has been completed, with all 24 runners confirmed for the $10 million Melbourne Cup at Flemington on Tuesday 3 November.

The Group 1 handicap covers 3,200m, with Ciaron Maher responsible for seven runners and Joseph O’Brien sending five from his stable.

Point Of Law (barrier 9, 53kg) heads Maher’s team after winning the Geelong Cup, while Middle Earth has secured the inside stall.

2024 winner Knight’s Choice will break from barrier 2 as he bids to become the first horse since Makybe Diva to win the Melbourne Cup twice.

Irish raider Trustyourinstinct faces a wide draw in stall 18, while James J Braddock has the outside gate in barrier 24.

NumberHorseTrainerJockeyBarrierWeight
1Sons And Lovers (GB)Joseph O'BrienDylan Browne McMonagle357.5kg
2Trustyourinstinct (IRE)Joseph O'BrienJames McDonald1857kg
3Knight's ChoiceJohn Symons & Sheila LaxonRobbie Dolan256.5kg
4Middle Earth (GB)Ciaron MaherMark Zahra156.5kg
5Vauban (FR)Gai Waterhouse & Adrian BottJordan Childs2256.5kg
6Enfjaar (IRE)Roger VarianRay Dawson856kg
7Royal Supremacy (IRE)Ciaron MaherBen Allen2156kg
8Wine Dark Sea (GB)Harry CharltonDamian Lane2356kg
9Asterix (NZ)Chris WallerJye McNeil655kg
10Goodie Two Shoes (IRE)Joseph O'BrienWayne Lordan1955kg
11Juja Kibo (IRE)Ciaron MaherSam Clipperton1455kg
12Hopewell Rock (IRE)George BougheyZac Lloyd1554.5kg
13Onesmoothoperator (USA)Tim FitzsimmonsDeclan Bates1354.5kg
14Soul Of Spain (IRE)Chris WallerTommy Berry554.5kg
15Zahrann (IRE)Ciaron MaherBen Melham1154.5kg
16So You AreBjorn BakerRachel King754kg
17Future History (GB)Gregory HickmanJamie Melham1253.5kg
18James J Braddock (GB)Joseph O'BrienCraig Williams2453.5kg
19Kizlyar (IRE)Joseph O'BrienBeau Mertens2053.5kg
20Point Of Law (GB)Ciaron MaherEthan Brown953kg
21Strictly BusinessThomas CarberryMichael Dee453kg
22Mr Monaco (GB)Ciaron MaherJabez Johnstone (a)1652.5kg
23ZakoumaGrahame BeggWilliam Pike1052kg
24Shockletz (NZ)Ciaron MaherHarry Coffey1751kg

Field and draw as confirmed 31 October. Check for scratchings before the race.


Melbourne Cup Latest Odds

Check out the latest Melbourne Cup odds below.


How to Bet on the Melbourne Cup

Due to the Melbourne Cup's popularity, not just in Australia, many online betting sites offer an expanded range of betting markets compared to normal.

Check out some popular Melbourne Cup bets available at bookmakers below.

Win Bet – Back the horse you think will take first place in the Melbourne Cup.

Each-Way Bet – Two bets in one: one on the horse to win and one on it to finish in the places. The number of places and the fraction of the odds paid vary by bookmaker, so check the terms before you bet.

Forecast Bet – Pick the first two horses home. A straight forecast needs them in the right order, while a reverse forecast covers both orders. Australian punters know these as the Exacta and the Quinella.

Tricast Bet – Pick the first three horses in the correct order. It's a tough one to land but can pay big. In Australia it's called a Trifecta.

Ante-Post Bet – Back a horse in the days or weeks before the race. You can often get bigger prices, but a horse that doesn't run loses you the stake with some bookmakers, so check the non-runner rules.


Melbourne Cup Horse Racing Tips

Joseph O’Brien is chasing a third Melbourne Cup victory after Rekindling (2017) and Twilight Payment (2020), but I prefer Ciaron Maher’s POINT OF LAW, who won the Group 3 Geelong Cup on his stable debut and looks potentially well treated off a 7lb higher mark with further improvement possible.

Recommendation: Point Of Law - 11/2 with William Hill

Point Of Law
4:00am Flemington
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Alan Kelly Tips
Get exclusive daily horse racing selections from Alan Kelly, right here at Freebets!
Charlie McCann Tips
Get exclusive daily horse racing tips from Charlie McCann here at Freebets!

When & Where Is The 2026 Melbourne Cup?

The 166th Lexus Melbourne Cup takes place at Flemington in Melbourne on Tuesday 3 November 2026, with the race scheduled to start at 3pm AEDT (4am UK).

The 3,200m contest carries headline prize money of $10.2 million, with the winner receiving $4.5 million plus trophies.

UK viewers can watch the race live on Sky Sports Racing.

The Melbourne Cup goes off at 4am UK time, so most UK punters place their bets the evening before.

Markets are usually up well in advance, which also gives you time to check each offer's terms before you qualify.


Recent Melbourne Cup Winners

The Melbourne Cup is the highlight of the Melbourne Cup Carnival, and we've listed below the last five winners of the race that stops a nation.

YearWinner
2025Half Yours
2024Knight's Choice
2023Without A Fight
2022Gold Trip
2021Verry Elleegant

Melbourne Cup Free Bets & Betting - FAQs

When is the 2026 Melbourne Cup?

The Melbourne Cup is traditionally run on the first Tuesday in November. The 2026 Melbourne Cup will be on Tuesday 3 November.

Where is the Melbourne Cup run?

The Melbourne Cup is run at Flemington Racecourse in Melbourne, Australia.

What time is the Melbourne Cup?

The 2026 Melbourne Cup is scheduled for 3pm AEDT (4am UK) on Tuesday 3 November.

Where can I watch the Melbourne Cup?

The Melbourne Cup will be shown live on Sky Sports Racing, however this will require an active Sky subscription.


Scott McGlynn
Scott McGlynn

Scott McGlynn draws on over 30 years of sports betting and casino experience, bringing data-led insights and first-hand knowledge to our readers. An authoritative and trusted voice in the gambling industry, Scott ensures our readers are always informed on the very latest sports and casino offerings.

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