Melbourne Cup
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More on The Melbourne Cup
Why You Should Bet on Melbourne Cup
- You stand to win your share of huge prize pools.
- It's more enjoyable to watch the Melbourne Cup when you have a horse in the race.
- Compete against friends and family and share your inside info.
- FOMO is real and placing a small wager on the race won't break the bank.
How to Bet on Melbourne Cup
- Step 1: Choose a betting site from one of our recommendations on our Best Melbourne Cup Betting Sites and register your free betting account.
- Step 2: Make your deposit in the “Account” section.
- Step 3: Find “Melbourne Cup” in the racing section.
- Step 4: Search the market with the best betting odds representing the horse of your choice and select your betting type.
- Step 5: Enter your stake and select “Place Bet”.
Betting Big with Bookmakers On The Melbourne Cup
Comparing Odds For The Melbourne Cup
Melbourne Cup Betting Promotions
Melbourne Cup Betting Types
- Win: Put your money on the horse you think will win the Melbourne Cup.
- Place: Pick a horse that you think will finish in the top three.
- Each Way: Put equal amounts on a horse for the win and a place.
- Quinella: Bet on the horses you think will finish first and second, in any order.
- Exacta: Bet on the horses you think will finish first and second, in exact order.
- Trifecta bet: Bet on the horses you think will finish first, second, and third, in exact order.
- First Four: Bet on the horses you think will finish first, second, third and fourth, in exact order.
- Quadrella (Quaddie): Pick the winner for four nominated races on the day.
- Treble: As above, but for three nominated races.
- Double: As above, but for two nominated races.
- Fixed Odds/Future Betting: Odds fluctuate right up until the race jumps in line.
Live Streaming the Melbourne Cup
- Ladbrokes
- Neds
- Dabble
- bet365
- Betr
Payment Options Available on Melbourne Cup Betting Sites
- Visa (credit/debit cards)
- Mastercard (credit/debit cards)
- Neteller
- PayPal
- American Express
- POLi
- BPAY
- Flexepin
- Bank transfer (EFT)
- Cash deposits (limited sites)
Melbourne Cup Horse Racing Facts/Tips
- The present record holder is the 1990 winner Kingston, with a time of 3 minutes and 16.3 seconds.
- Only three Melbourne Cup favourites have finished in the top 3 since 2006.
- 12 of the last 15 Melbourne Cup winners have had odds higher than 10.00.
- 12 Melbourne Cup winners have also won either the Caufield Cup, Cox Plate, or Geelong Cup in the same years since the year 2000.
- The average weight carried by a winner has been 54.5 kg in the last 10 years.
- Since 2000, only 3 Australian-bred horses won, while 8 internationally trained horses have won the Melbourne Cup within the same time period.
- In Melbourne Cup history, 53 Geldings (castrated male horses) and 19 Colts (male horses under 4 years) have won the Melbourne Cup, while only 13 Mares (adult females) have won so far.
- 8 Melbourne Cup winners have been stallions (uncastrated male horses) in the last 15 years.
- In the past 157 years of history, only five horses have won the Cup more than once, with Makybe Diva topping this list with three victories in total.
- Despite the effects of the coronavirus, an amount of $221.6 million was wagered in the year 2020.
Melbourne Cup Betting Overview
Melbourne Cup Betting Sites FAQs
What is the Melbourne Cup?
This is Australia’s most famous annual Thoroughbred horse racing event and is conducted by the Victoria Racing Club on the Flemington Racecourse in Melbourne. It’s a 3200-metre race for thoroughbreds, three-year-olds over and is a world-famous favourite for punters to wager big money on.
How to bet on the Melbourne Cup online?
Instead of heading to your local TAB retail outlet, you can bet online, it has never been easier! You can decide to use your desktop or install an app from one of our top Melbourne Cup betting sites and bet on the go, as long as you have an internet connection.
How to place a bet on the Melbourne Cup online?
Betting on the Melbourne Cup is easy online, as long as you choose the bookmaker that is right for you and we invite you to choose one of our Best Melbourne Cup Betting Sites. Sign up with a bookmaker that has an extensive range of products and features, make your first deposit, and place your bet online.
How much should I bet on the Melbourne Cup?
This is a personal decision and is based on what you can afford to bet on, and your knowledge of the Melbourne Cup. The race is one of the biggest days for punting in Australia, so it’s best to familiarise yourself with the history of Melbourne Cup wins and do as much research as possible before wagering your bet.
What is the biggest single win in the history of the Melbourne Cup?
The latest single biggest pay-out reported on the Melbourne Cup was a straight first-four bet in 2019. The punter scored the correct combination with his four selections, winning an incredible $793,814 from his $10 bet.
How do odds work for the Melbourne Cup?
They usually display the odds in a decimal format, for example, 5.00. This means that if you had bet a $5 bet on a horse paying 5.00, you will receive 5 x 5.00, which equals a return of $25.
