Melbourne Cup Betting

The Melbourne Cup When Aussies speak of “The Cup” they are undoubtedly referring to the annual Melbourne Cup. Dubbed the “horse race that stops a nation”, it is the world’s richest and most prestigious horse race that is the focal point of the Victorian Spring Racing Carnival.

Originally raced over 2 miles, it is now raced over 3,200 meters due to Australia adopting the metric system in 1972.

2018 Melbourne Cup Race Time

Tuesday the 6th of November, 2018 at 3:00PM

Each year, the Melbourne Cup Day is a feature of Victoria’s Spring Racing Carnival and is Australia’s most popular single day of horse racing. It is well known all over the world not only by fans of horse racing and sports betting in general, but also by trainers, punters and the general public worldwide. The horse race consistently attracts a crowd of over 100,000 people each year to the Flemington Racecourse in Victoria’s capital city, Melbourne.

It’s held at the regular time of 3:00pm AEST on the first Tuesday of November each year. The 3,200 metre race has a total prize pool of over $6,000,000 AUD (six million, two hundred thousand Australian dollars) which is shared among the first 10 place getters.

Complete 2017 Melbourne Cup Results

F No. Horse Trainer Jockey Odds
1 22 Rekindling Joseph O’Brien Corey Brown $16
2 7 Johannes Vermeer Aidan O’Brien Ben Melham $13
3 9 Max Dynamite William Mullins Zac Purton $20
4 13 Big Duke Darren Weir Brenton Avdulla $21
5 18 Nakeeta Iain Jardine Glyn Schofield $41
6 21 Thomas Hobson William Mullins Ben Allen (a) $21
7 4 Tiberian Alain Couetil Olivier Peslier $31
8 17 Libran Chris Waller Dwayne Dunn $67
9 5 Marmelo Hughie Morrison Hugh Bowman $7
10 12 Wicklow Brave William Mullins Stephen Baster $71
11 6 Red Cardinal Andreas Wohler Kerrin McEvoy $16
12 2 Almandin Robert Hickmott Frankie Dettori $7
13 24 Cismontane G Waterhouse & A Bott Beau Mertens (a) $41
14 23 Amelie’S Star Darren Weir Dean Yendall $26
15 15 Boom Time D & B Hayes & T Dabernig Cory Parish $31
16 20 Wall Of Fire Hugo Palmer Craig Williams $11
17 19 Single Gaze Nick Olive Ms Kathy O’Hara $34
18 14 Us Army Ranger Joseph O’Brien Jamie Spencer $71
19 3 Humidor Darren Weir Blake Shinn $11
20 1 Hartnell James Cummings Damian Lane $29
21 10 Ventura Storm D & B H & T Dabernig Glen Boss $35
22 8 Bondi Beach Robert Hickmott Michael Walker $71
23 16 Gallante Robert Hickmott Michael Dee $201
SCR 11 Who Shot Thebarman Chris Waller Tommy Berry N/A

Free Tips for Betting on the Melbourne Cup

Make sure you study the way horses finish off the preparation races such as the Caulfield Cup, Geelong Cup, the Sydney Cup earlier in the year and especially the recent form of horses who’ve raced over 2,500+ meters in overseas races. Good stayers are usually right up there at the end of the ‘Cup and at the very least, finishing strongly in long distance races is a reliable indicator of how well the horse will perform over the 3,200 meter Melb. Cup.

  • Bet on horses who have proven their ability to race over long distances. IMO, the most important tip.
  • Statistically, 4 and 5 year olds have the highest chance of winning. Too young or old have a hard time winning.
  • Look at the age of the horses, not many horses 7 years or older win, horses are in their prime from 3-7 years.
  • Watch the weather and note which horses like the forecast conditions, rain can make an enormous difference.
  • Don’t discount any horse without studying its form, the favourite only wins the Cup approximately 20% of the time.
  • Multiples pay extremely well, picking the Trifecta can be very rewarding both financially and for confidence.
  • Try and learn as much information as possible on foreign horses, taking particular interest in their ability to race over 3,000 meters.
  • Weight plays a big part in long races, often longshots with a light weight have a big advantage over the top weighted horses.
  • Watch the other distance races leading up to the Cup, especially the Caulfield Cup, Mackinnon Stakes, Cox Plate and Geelong Cup to see how the Cup horses finish off the race.

Get Big Odds on the Multiples: First Four, Trifecta, Exacta & Quinella Bets on the Cup Often Pay Well

A great way to get healthy odds on any race is to put on multiples. However, with the larger than average field that starts in the Melbourne Cup, the odds are usually much greater than what they are on smaller races, the 2017 Melbourne Cup first four paid over $50,000! The trifecta wasn’t an extremely hard to tip trio of horses either, if you picked the right 3 horses you’d have won $2,800+ for each dollar you invested on the bet.

If you don’t want to break the bank, a great way to bet is with Flexi betting. The online bookmakers listed on OzePunting allow you to wager only the exact amount of money you want on every multiple, no matter how many runners you want to include. This is a simple way to increase your chances of winning, however you do win less with each additional runner selected.

First Four, Trifecta, Exacta & Quinella Betting Tips

To get the most value, instead of simply picking the horses with the shortest odds, it is always wise to put in one or two horses with big odds aka “longshots”, if the outsider manages to win and you have boxed them in your multiples, you’ll be rewarded enormously with the final payout. Even if your longshot(s) don’t win though, just coming in the placings will guarantee you receive a very healthy return. There are some good tips for finding those roughies, especially on a wet track. Some horses perform much better in the wet than others, you might even say that some horses prefer a wet track. Be sure to study the form guide and try to find those horses who may have a good chance to come in the placings but are not right at the top of the betting markets.

Other good things about betting on multiples such as a trifecta in the Melbourne Cup specifically is the size of the betting pool is huge and the odds for the shorter priced horses are commonly still decent, with odds over $5 for example, whereas favourites in smaller races often only pay around the $2 mark.


When is the Melbourne Cup?
The Melbourne Cup is run on the first Tuesday in November.
What time is the Melbourne Cup race?
The Melbourne Cup will race at 3PM AEST.
Was the Melbourne Cup always held on a Tuesday?
No, prior to 1875, it was held on a Thursday.
What year was the first year of the Melbourne Cup?
Who won the very first Melbourne Cup?
What year did Phar Lap win the Cup?

Replays of Recent Melbourne Cup Winners

2017 Winner – Rekindling

1st – Rekindling Paying $15 Win, $5.90 Place
2nd – Johannes Vermeer – (Place Odds of $4.20)
3rd – Max Dynamite – (Place Odds of $5.20)

Last – Gallante

Approximate Exotic Bets & Multiples Payout
Quinella: $99.40
Exacta: $188.40
Trifecta: $2,863.40
First Four: $52,665.80

2016 Winner – Almandin

1st – Almandin Paying $12.50 Win, $5.00 Place
2nd – 13 Heartbreak City (Odds of $6.50)
3rd – 6 Hartnell – (Odds of $3.50)

Last – Rose Of Virginia

Approximate Exotic Bets & Multiples Payout
Quinella: $120
Exacta: $200
Trifecta: $1,550
First Four: $25,000

A dream run, followed by a dream sprint in the final straight handed Almandin a well deserved Melbourne Cup victory. If anything else happened, or if K. McEvoy was a lesser jockey, Heartbreak City may well have run over the top of the eventual winner. Both two horses had every chance to win, and both ran almost flawless races. Clearly the best two horses on the day got the quinella.

Hartnell finished a respectable third, in front of three others who raced admirably and if things had have gone their way at the end, could have earned themselves a place. These horses were Almoonqith, Who Shot Thebarman & Qewy. The bottom weight, Rose of Virginia didn’t do much at all and finished last.

2015 Winner – Prince of Penzance

1st – Prince of Penzance (Paying $86 Win, $21 Place)
2nd – Max Dynamite (Odds of $4.30)
3rd – Criterion (Odds of $5.50)
4th – Trip To Paris

Last – Snow Sky

Approximate Exotic Bets & Multiple Payouts
Quinella: $910
Exacta: $2050
Trifecta: $26,045
First Four $185,975

Michelle Payne made history by becoming the first female jockey to ever win the Melbourne Cup. She was almost denied the ride on Prince of Penzance by some of the horse racing industry who didn’t want her to ride. She famously took the ride and ended up being the first female jockey to ever win a Melbourne Cup.

2014 Winner – Protectionist

1st – Protectionist
2nd – Red Cadeaux
3rd – Who Shot Thebarman
4th – Signoff

Last – Admire Rakti

Protectionist was a worthy winner of the 2014 Melbourne Cup, finishing strongly and easily beating Red Cadeaux who finished 2nd for the 3rd straight year. Pub favourite Who Shot Thebarman proved he was worthy in the race while Signoff showed that the bottom weight was in with a chance after winning the Lexus Stakes to qualify for the ‘Cup.

Unfortunately, the 2014 Melbourne Cup may be remembered for the tragic loss of two champion horses after the race. The starting favourite, Admire Rakti was in the perfect position to make a run going into the final turn, however instead of speeding into the final straight, he unfortunately slowed drastically and we could all see that he was in trouble. Shortly after the race he collapsed in his stall and passed away from an apparent heart attack.

Another tragedy befell Araldo, trained by Mike Moroney who was spooked by an Australian flag being waved on the trip to the scales after the race. Araldo suffered a broken cannon bone after getting his leg stuck in the fence, forcing a decision to euthanize the horse.

Melbourne Cup Trivia

  • The largest field had 39 starters in 1890.
  • The smallest field had just 7 starters in 1863.
  • Not a single horse has won the race from barrier number 18.
  • The prize money for the first Cup in 1861 was 1,420 Pounds.
  • The shortest priced favourite to win was Phar Lap, paying 8/11.
  • Makybe Diva is the only horse to win the Melbourne Cup 3 times.
  • Legendary trainer Bart Cummings has the record of training the most winners, which is currently 12.
  • Bobbie Lewis and Harry White are the only two jockeys who have ridden the winner of the Cup 4 times.
  • Clare Lindop was the first Australian female to ride in the Cup in 2003, she rode Debben who did not place.
  • Sheila Laxon was the first woman trainer to officially win the Melbourne Cup with Ethereal in 2001.
  • The prize money reached $1,000,000 AUD for the very first time in 1985.
  • The highest paying trifecta on the Melbourne Cup was $61,867.90 in 1993.

History and More Information

All around the country, people stop what they’re doing to tune in to “The Cup”, which now attracts the very best stayers from Australia and around the world, racing to win their share of more than $6 million Australian dollars, as well as the physical cup itself. People don’t just go for the racing, celebrities from all around the world come to see one of Australia’s most famous events first-hand, it truly is a spectacle. If this race doesn’t get your heart pumping and adrenaline flowing when these champion thoroughbreds make the turn for the final stretch, horse racing simply isn’t for you!

It is estimated that over 80% of adults in Australia have a bet in some form or another (via the TOTE, a bookmaker, an online betting site or an office “sweep”, also known as sweepstakes, between themselves or other means) on the Cup. Due to the enormous crowds and other difficulties associated with placing a bet on Cup Day, online betting is growing larger each year.