Melbourne Cup Betting Guide

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Ranking right up alongside the Breeders’ Cup Classic, The Derby in England and the Prix de l’Arc de Triomphe in France, the Melbourne Cup down in Australia is one of the biggest horse races in the world. Staged every November at Flemington Racecourse, it is known as “The Race That Stops the Nation”. Find out who’s in contention, and where to find Melbourne Cup betting info.

Melbourne Cup Betting Options in the US

Getting to know more about this famous old race is great, but Melbourne Cup betting is crucial if you are to truly feel part of the action. Over 80,000 people are usually in attendance at Flemington, but wagering from afar can be just as much fun as being there.

Melbourne Cup Online Betting

Things are moving at quite a pace now within the betting industry in the States. As such, all the major operators will offer Melbourne Cup online betting when the race comes around.

The fact you can get Melbourne Cup odds with, say TwinSpires, is very convenient. You will not have to register with an overseas company and the odds will be displayed in your chosen fashion. Here are some of the operators that allow you to wager on the Melbourne Cup:

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Melbourne Cup In-Person Betting

Being at the track to take advantage of Melbourne Cup betting is a unique experience. In case you are planning to bet at home, keep in mind that the event is taking place at 1 AM eastern time.

At other off-track betting locations, however, things are a little different. Some OTB centers will offer Melbourne Cup betting in advance of the race, so be sure to be there on Monday, November 2 to play.

Melbourne Cup betting in-person is possible then, but not as simple as wagering online. Stick with your favorite online betting operator for the latest odds.

Melbourne Cup Betting Tips

Essentially, betting the Melbourne Cup is as easy as wagering on any race in the States or Canada. As long as you get to know a few of the personalities involved, you can feel confident in having a bet.

There are some important differences to note when taking any Melbourne Cup tips or placing wagers. Even though Melbourne online betting will be available, it isn’t quite the same as playing in a US race.

Key Differences from US Races

These are the main comparisons between US and Australian races, especially from a betting viewpoint. You should consider all of these things before getting involved in any Melbourne Cup betting.

  • Race Distances Rather than miles and furlongs, races are measured using the metric system down under. The Melbourne Cup is run over 3,200 meters, or just under two miles. Instead of an ‘eighth pole’ a furlong from the wire, there will be a 200-meter marker which is pretty much in the same place.
  • Weights The Melbourne Cup is a handicap, so riding weight is important. In the US all weights are given in pounds, but these are displayed in Australia as kilograms so be on the lookout for conversions.
  • Safety Limit – While many US races are limited to 12 or maybe 14 runners, 24 can take part in the Melbourne Cup. Flemington is a wider track than we’d usually see in the States, but the crowded field makes it tough to pick out Melbourne Cup tips.
  • Bet Types – Your local wagering operator may offer Melbourne Cup betting in the style you’re accustomed to. But, if you want to bet on local markets, things look a little different. Odds are usually displayed using decimals rather than fractions. So, if a horse were 3/1 in the States it would be listed as 4.00 in Australia (includes the stake). You may also be able to get involved in other local bets, such as the Australian Tote, the Daily Double, Treble and Quadrella. US Tote or pari-mutuel systems can handle up to 24 runners, so odds may be offered locally.

Melbourne Cup Winners

Melbourne Cup results are massive news around the world. Here you can find the Melbourne Cup from the last five years.

Recent Melbourne Cup Winners

Between 2003 and 2005, the great Makybe Diva won this race an unprecedented three times in a row. In the past five years, however, here are the Melbourne Cup race horses to have landed the prize:

2020Twilight Payment8GeldingJye McNeilJoseph O’Brien
2019Vow and Declare4GeldingCraig WilliamsDanny O’Brien
2018Cross Counter4GeldingKerrin McAvoyCharlie Appleby
2017Rekindling4ColtCorey BrownJoseph O’Brien
2016Almandin7GeldingKerrin McAvoyRobert Hickmott
2015Prince of Penzance6GeldingMichelle PayneDarren Weir

It’ll be hugely exciting to see who adds their name to this list of great recent Melbourne Cup winners!

Watch the Melbourne Cup Live

Live TV coverage is not always guaranteed on overseas races. That said TVG often show the famous race live on their dedicated racing channel.  Check your chosen wagering site for coverage as some will be streaming the race.

In 2019, US racing fans got to watch the big event on ESPN and it is hoped the network will be picking the race up once again. In any event, Melbourne Cup betting and the Melbourne Cup results will be available live.


Explore the FAQ section below to learn more about the Melbourne Cup.

What is the Melbourne Cup?

The Melbourne Cup is Australia’s most famous horse race and one of the richest in the world. As well as being an important sports event, the occasion is also Australia’s social highlight. “The Race That Stops the Nation” is its famous epigram.

When is the Melbourne Cup?

You can watch the Melbourne Cup live on Tuesday, November 2.

What Time is the Melbourne Cup

The race goes off at 3 PM Melbourne time. There is a 14-hour time difference, so look out for the crazy 1 AM post time on the Eastern Seaboard.

Where Does the Melbourne Cup Take Place?

The race is run at Flemington Racecourse in Melbourne, in the state of Victoria. The track is only three miles from downtown Melbourne. Melbourne is in the south of Australia, some 500 miles southwest of Sydney. With a noted cricket stadium, soccer facilities, golf courses and the home of the Australian Open tennis tournament, Melbourne is a sporting hotbed.

How Long is the Melbourne Cup?

The race lasts for very nearly two miles. Australia uses the metric system, so its exact distance is 3,200 meters. Put into context, this race is as long as the Breeders’ Cup Classic and the Breeders’ Cup Sprint put together!

Can You Bet on the Melbourne Cup from the US?

Yes. Most major betting operators will offer Melbourne Cup odds, while some will even show the Melbourne Cup live. Look out for those offering wagering options as well as live coverage.