Melbourne Cup Betting Tips & Odds

There’s no doubt that the Melbourne Cup is the most famous race in Australia, and among the richest in the world. First run in 1861, it is the best two mile handicap in the sport, and is staged at Flemington Racecourse, Melbourne, Victoria, during the annual Melbourne Cup Festival, specifically on the first Tuesday each November.

horse racing betting tips

Melbourne Cup Horse Racing Betting Tips

As one of the sport’s most prestigious thoroughbred races, the Melbourne Cup is closely studied by race punters around the world, and Melbourne Cup tips will appear weeks and months before the race as punters try to find the best ante-post selection at big prices. But a lot can happen before November, so many punters prefer to hold their fire until nearer the race before they start seeking out Melbourne Cup Betting Tips. There are many websites and online tipping outlets that will offer betting advice for the big race, so you should shop around to find the best. When choosing your betting tips for this tricky contest, don’t forget to check out the Melbourne Cup record of the tipster you are using, as this is a one of a kind race and tipsters who have found the winner in the past are more likely to do so again.

horse racing betting tips

Melbourne Cup Betting Odds

Speculation about the next Melbourne Cup winner starts almost as soon as the last edition is over. Antepost odds will be given by bookmakers during the months up to August, and will change frequently as the weeks pass. Those aiming to back a top contender at big odds may find that they will be able to bag some tempting prices during this period, though any such bet comes with risk, as likely contenders can drop out before the race itself. Melbourne Cup odds tighten up a great deal after the closing date entries at the end of August, though there will still be fluctuations in the odds as late entries are named and others drop out. There are also often big fluctuations in the odds during the Saturday before the race, and this can be a good time to cash in before your selection shortens. By the day of the race itself, millions of dollars will have been staked.

horse racing betting tips

Melbourne Cup Field

The glory of taking home the Melbourne Cup and engraving your name into the history of global racing, together with a huge prize fund of over A$7 million, draws many of the world’s leading staying handicappers to Victoria every November. The maximum field size at the Melbourne Cup is 24, so competition to make the cut is fierce, and if you want to make a bet before the final field is known, make sure you know the ins and outs of the race conditions. For example, four top Australian races confer automatic exemption for the Melbourne Cup, including the Caulfield Cup and the Cox Plate. The final line-up is determined on the last Saturday before the race, and is decided based on Ballot Order and race steward discretion, though the best way to gauge the likely field is to check out the Order of Entry, which should give you plenty of clues.

horse racing betting tips

Melbourne Cup Results

The Melbourne Cup is widely known as ‘The Race that Stops a Nation’ and a global audience of millions will tune in to watch. The full race result will be announced within seconds of the end of the race and will quickly be known by racing fans in every country thanks to bookmakers’ sites, news outlets and social media. Among the world’s most valuable races, the Melbourne Cup has been lifted trainers of some of the sport’s greatest thoroughbreds, such as Phar Lap, two-time winners Rain Lover and Think Big and the only animal to claim the race on three occasions: Makybe Diva. Many punters aiming to find the winner of the Melbourne Cup will often look at the results of previous years, as horses who have demonstrated they can handle the unique demands of this race often rate as top bets to win it in subsequent years.

Punt App

Punt App is an innovative tool designed to help Aussie punters increase their winnings. It provides a range of useful features such as sports and racing betting tips and a handy odds comparison service, giving you all the tools you need to make a winning bet.


One of the newest bookmakers in Australia, Neds has built up a good reputation for its horse racing service and they offer top features for punters including the Neds Bet Boost and the Neds Multi Builder. The Neds Mobile App is one of the best in the industry and Neds have a great Bonus Bets deal worth $500 for all new sign-ups.


TAB is Australia’s most recognisable betting brand, and has a presence at racetracks across Victoria and New South Wales. TAB offers one of the most impressive mobile apps in the Australian industry, which features shortcut keys, video streaming and security. TAB customers can also claim their share of bonus bets thanks to weekly TAB betting promotions and the well-known TAB Rewards Program.

Ladbrokes Australia

Ladbrokes is a well known name in betting, renowned for its racing links and offers a wide variety of racing markets for Aussie punters. The Ladbrokes betting platform provides access to features including Odds Boost, Info Hub, Multi Maker and others, and new Ladbrokes punters can earn up to $500 in Bonus Bets. The Ladbrokes Mobile App is a simple and effective way to use your account and make your bets on the move.


One of the biggest betting companies in Australia, Sportingbet run the popular Sportingbet Rewards Program, which gives points for each bet placed. New punters can enjoy a Sportingbet Bonus of as much as $600 and racing fans will appreciate Sportingbet’s live streaming service covering all Victorian thoroughbred races. The CrownBet mobile App is packed with useful tools such as Live Chat, Racing Live Vision and Quick Bet.

Bet365 Australia

Bet 365 is one of the most famous betting names in Australia. They offer several handy features for racing punters including Bet365 Quick Code – an easier way to get your bets on with your phone - Bet365 Cash Out, Live Streaming, Push notifications and many more. The Bet365 Mobile App is a convenient way to access your Bet365 account on the move.


Sportsbet is famous for offering some of the best weekly betting promotions in Australia, as well as a huge choice of racing betting markets. They also offer punters access to vital features such as the Multi Builder and the Power Play – a tool that makes it possible to boost your odds on one racing bet each day. New customers can land a $500 bonus bet at sign-up up and the Sportsbet Mobile App gives punters quick access to hundreds of racing markets.

Unibet Australia

Unibet is a global betting name and hosts many popular features including Unibet Streak and the Expert Edge. Unibet also offer a number of Bonus Bets deals such as the $150 Signup Bonus Bets promotion for new punters, and the easy-to-use Unibet Mobile App works well on all Android, Windows or Apple-based devices.


One of the newer operators in the Australian industry, TopBetta provide a host of innovative features such as Betting Tournaments and the GOAT Top, which guarantees to pay out at the top dividend across the Australian Totes. TopBetta award new punters a Bonus Bets deal of up to $250 when they make their initial deposit and the TopBetta Mobile App gives you everything you will need to profit from your betting in the TopBetta racing markets.


Ubet has earned a good reputation for its punter-friendly service, and has a number of popular betting tools, including Fixed Price Multis and Cash Out – which gives you the option of grabbing your profit before the race is over. New customers will benefit from Bonus Bets of up to $250 and the Ubet Mobile App is full of useful tools such as Enhanced Multi Bets.


Palmerbet is Australian owned and is focused on horse racing. You can download the Palmerbet app when you open an account with them today. Checkout Palmerbet to see what they offer punters.

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