Known simply as “the race that stops a nation,” the Melbourne Cup is a cultural and historical phenomenon in Australia. Run since 1861, the Melbourne Cup is a two-mile handicap race and one of the richest turf races anywhere in the world. The Melbourne Cup is held annually in November at Flemington Racecourse in Victoria, Australia, and was offered for a purse of $6.2 million in 2016.
For those looking to place a Melbourne Cup bet online, you’ve come to the right place. From placing a basic win bet to finding out where the Melbourne Cup Day best bets are placed, we cover it all. Understanding how to place a bet on the Melbourne Cup isn’t a complex road to go down, but fully understanding how to take advantage of Melbourne Cup bonus bets can be a little more tricky.
Melbourne Cup 2022 Future Odds
Here are the latest Melbourne Cup 2022 Future odds for the horses that are expected to run, we cannot confirm at this stage if they will definitely run. The Melbourne cup fixed odds will become available closer to the time of the event itself. The Melbourne Cup live betting odds were last updated on May 23, 2022:
Melbourne Cup Entries
While attending the Melbourne Cup, for most, would be a once-in-a-lifetime opportunity, there’s still plenty of ways to enjoy the betting action from home or while on the go. Finding a safe and reliable online racebook is essential for busy people who enjoy staying in action. A good online racebook also rewards its players with bonuses, rebates and referral programs that keep money flowing through their accounts. Take a look at these preferred partners:
The course at Flemington is pear-shaped with a circumference of 2,312 meters and a straight of 450 meters for all races longer than 1200 meters. The races are run in a counter-clockwise direction and finish in front of a grandstand that will hold up to 120,000 spectators. In the Melbourne Cup, a race featuring large fields, the horses start in front of the grandstand and engage in a lengthy run into the first turn, which is a gradual and sweeping lefthand. Around the 1200 meter mark, the horses encounter another bend before a 400-meter straight shot leads them home. The spectacle of the Melbourne Cup provides a compelling visual as the horses sprint for the finish.
Melbourne Cup Betting Tips
Wondering what the best way to place a bet on the Melbourne Cup is? Well, as is the case with the Kentucky Derby, the Melbourne Cup features overly bulky fields with 20-plus horses often making the starting gate. Because of the sheer size of the field, bettors must determine which runners are likely to receive a clean trip. Jockeys familiar with the Flemington course may hold an advantage over riders less versed in its nuances. Similarly, horses shipping in from other countries are generally inexperienced over the Flemington course, making horses who have demonstrated previous good form over the local course ones to consider. Each year, the Melbourne Cup betting turnover is astronomically high, so make sure you get in on the action this time around!
Melbourne Cup Results
In 2005, the best horse to bet on at the Melbourne Cup was Makybe Diva, who etched her name into the record books by becoming the first horse to win the Melbourne Cup three times. At retirement, the champion mare was also the richest Australian thoroughbred of all time with earnings of over $14 million and one of just 14 fillies to win the Melbourne Cup in the race’s illustrious history. While there are many greats among past Melbourne Cup winners, Maybe Diva is a true standout for her unparalleled accomplishments.