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These tend to occur after a trainer announces their plans to target the race, or following an important win or eye-catching performance from a Melbourne Cup perspective. For those punters wanting to get involved in early markets, you can gain a great advantage by comparing the odds between bookmakers.

Bookies will often be in rough agreement on a horse's price, but more than a few horses do get under their guard and the price discrepancies can be big! Before placing your bet on a runner, we suggest you use an odds comparison tool like the ones we offer for the major Spring races to ensure that you find the best available price.

It really pays to back a horse at its best odds as you don't want to see it win and soon realise your collect could have been significantly larger if only you'd shopped around. Picking the Melbourne Cup winner is hard … you are dealing with a big field of 24, all of whom are high quality horses.

An option many take is a place bet. All bookies offer Melbourne Cup odds for the win and the place, and with such huge betting pools, you can still secure some great odds for your horse to run in the first three. The odds are obviously lower, but so is the risk. In fact, the large field size means that many horses are competing for only a few places, which in turn inflates the Place dividends.

The catch is that the odds reflect the relative difficulty of finding one of the first three home. Still, it's significantly easier than finding the winner of the Cup and is a good bet type for those wanting to increase their likelihood of a win but at slightly reduced returns. Most of the horses in the Cup's All-In market will not make the field, hence the seemingly generous odds on offer. There are two types of Win bets available to punters betting on the Melbourne Cup: tote odds or fixed price odds.

Its odds could shorten or lengthen depending on what percentage of money in the win pool is wagered on that horse between the time you placed the bet and the eventual close of betting. Tote prices can be misleading if there is not much money in the pool. The Melbourne Cup tote odds are only a reliable guide to a horses eventual starting price after a large volume of bets has been placed, this will generally have occurred within a few hours of the scheduled start time of 3 pm, Tuesday 3 November The other Melbourne Cup betting option is fixed odds.

Placing a bet on a fixed odds market allows you to lock in a price. The only instance where the odds may change is in the case of a scratching s , where deductions may apply. Fixed odds betting is available before the Melbourne Cup field is finalised; these betting markets are usually referred to as 'Early Markets', 'Future Markets', 'Feature Markets', or 'Ante-Post' and are considered 'All In' markets.

Betting on such markets can help punters secure good value on their preferred runner. These bets are not subject to deductions from scratchings; however, if your runner is scratched you are not entitled to get your money back, hence the term 'All In'.

Once the field for the Cup is finalised, regular fixed odds rules apply, meaning scratchings will result in deductions and that if your runner is scratched or declared a 'non-runner' your bet will be refunded. Most Melbourne Cup odds that you see displayed by bookmakers are fixed odds, while the TAB Melbourne Cup odds are usually tote odds. This is especially beneficial to punters who have a strong understanding of the market as they can dive in early on the value runner s , securing a good price before the bulk of the money has been wagered.

On the other hand, punters can get it wrong, taking the fixed odds only for their horse to drift and ultimately pay a bigger price than the one they snapped up earlier. This is where it helps to be an astute punter and know the markets. All the bookmakers offer fixed odds betting as well as tote products. Find out more about where to place a Melbourne Cup bet. You can compare all the bookmaker fixed odds markets using the odds comparison at the beginning of this page.

It shows the very latest odds from all the big bookmakers, updating live as their prices change. How to bet with TAB? Signing up is quick and easy, only takes a couple of minutes. Sign up to TAB today to get access to all their bonus bet back promotions and other features, like streaming the Melbourne Cup! Which horse is currently at the top of Melbourne Cup betting?

Not sure how to bet on the Melbourne Cup? The quickest and easiest way to bet on the Melbourne Cup is to use one of the many online bookmakers available in Australia. It only takes a few minutes to open an account and you can then bet from your smartphone, wherever you are. Where do I get the best bets for the Melbourne Cup? As soon as the final field is announced, our panel of experts will be compiling and releasing their best bets for the Melbourne Cup.

What are some Melbourne Cup big bets? As the biggest betting race on the Australian calendar, every year sees plenty of Melbourne Cup big bets. Not sure who to bet on in the Melbourne Cup? Then take a tip from our panel of Melbourne Cup experts!

Check out our Melbourne Cup guide to see who to bet on in the Melbourne Cup. Wondering where to bet for Melbourne Cup day? Easy… from the comfort of home! Online bookmakers like TAB have great mobile apps which make it simple to bet from wherever you are.

Skip the crowds and take that option! All these bet types are available with major bookies like TAB. How should I choose which horse to bet on in the Melbourne Cup? People use all kinds of strange methods for the Melbourne Cup, including their favourite name, number or colour! Sign up to punters and receive a free copy of the punters bible Sign up. Melbourne Cup Odds. Australia - Melbourne Cup - m.

Tiger Moth. Prince Of Arran. Melbourne Cup odds are not simply plucked from thin air. In the lead up to the Cup, every race that the contenders run will be closely scrutinised. As they are released, the latest Melbourne Cup odds are also adjusted to balance out the influence of betting.

Some online betting sites release early Melbourne Cup odds, making it possible to bet on very strong contenders at double-digit odds. If mathematics is not your strength, the first time you come face-to-face with racing odds you might be a bit overwhelmed. Then divide the right hand number 1 by the total 3 — the result is So your percentage odds are Then divide the right hand number 2 by 9 - the result is Calculating returns is also fairly simple.

Almost as soon as one Melbourne Cup race is finished, bookmakers open Early Markets known as All-in Markets for the next edition of the Cup. Why wait until November for all of the betting excitement? Pre-post betting markets for the Melbourne Cup are available all year round, but the real money is invested in the three days prior to the race. The Melbourne Cup is easily the most popular betting event in Australia and the staggering amount of money wagered on the race means that there is generally great value available for every single runner in the field.

The Melbourne Cup odds will change often in the lead up to the race, but those who place their bets early will get the best odds. The Melbourne Cup nominations are released on approximately 25th August and are updated periodically. Once nominations are released, the Melbourne Cup odds become shorter.

If you want to get involved in early markets, you should compare the latest Melbourne Cup odds between bookmakers. It really pays to back a horse at its best odds. Bookies will often roughly agree on a horse's price, but some slip through the cracks and, when that happens, the price discrepancies can be huge.

The great Makybe Diva is the only horse to ever win the Melbourne Cup three times. She did them all in a row between the years of ! Oakleigh Plate VIC. Australian Guineas VIC. Surround Stakes NSW. Randwick Guineas NSW. Australian Cup VIC. View Full Results. Melbourne Cup Odds For as long as horses have been racing, people have been betting on horse races.

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Exacta Bet — Similar to quinella, in an Exacta, you have to pick horses you think will finish first and second. However, you have to guess the exact finishing order. Additionally, as in quinella, you can nominate more than one horse for the first and second place. Again you have to guess the correct order. First Four — As its name suggests, you choose horses that will place first, second, third and fourth in the correct order.

You can either choose one horse for each place or more than one, as long as you specify in which place you think they will finish. Quadrella Bet — A quaddie, as it is often called, involves choosing the winner of the last four races of the day, including the Melbourne Cup. You can select as many horses as you want, but the less you choose the bigger the returns.

Treble — The only difference between a treble and a quaddie it the fact that in a treble you choose the winners of last three races. Double — The same as above, but for any two successive races of the day. Melbourne Cup will be held on 5 November at 3 pm local time. Traditionally, it is held every first Tuesday in November.

As we have said, the Melbourne Cup is not an easily predictable event, so it is difficult to say. Some of the most important things to look for while researching the Melbourne Cup horses is their age, their ancestry and their performance.

The Melbourne Cup horses are three years or older, and a racing horse usually reaches its prime around the years 4 to 5. Although in the long Melbourne Cup history, it has happened that the winners were as old as 7 and 8.

Unfortunately, due to regulations, online bookmakers operating in Australia cannot show promotional offers to unregistered users. On the plus side, articles such as this one can help you by providing you with relevant information and lists of all the active operators so you can get the most out of your Melbourne Cup betting experience.

He had the third-lowest Melbourne Cup odds in , which made him the third favourite. Fortunately, TV networks are listening to the demand and there are now more and more opportunities to watch it. Finally, a number of bookmakers will include the race into their live streaming service. However, the service will usually be made available only to customers who have placed a deposit. Overseas, people living in the United Kingdom and Ireland will be able to watch the match live through Sky Racing and New Zealanders can watch it on Racing.

People living in other countries will have to check with their local channels. Part of what makes the race so big is the fact that there are 8 days of events surrounding it called the Melbourne Cup Carnival. Although each of the days is filled with races and events, the main race is held during the Melbourne Cup day. In total, there are ten races held on the Melbourne Cup day. The first race starts at 11 am, while the last one is at pm. There are minute breaks between races, with the exception being the Melbourne Cup itself, with an hour break before and after due to additional formal preparations.

Due to the safety limit, the current maximum allowed a number of participating horses is However, in the past, there have been races with more participants, the largest one having as many as 39 horses racing in Check here the Melbourne Cup odds for the top 15 horses. Melbourne Cup Betting Offers The Melbourne Cup is getting closer and closer, so we expect the operators to start updating their pool of information about the Melbourne Cup.

All you need is a funded account or to have placed a bet in the last 24 hours to qualify. Access to Betfair betting exchange. Excellent odds on horse racing PlayUp Live Streaming. Extensive selection of horse racing Easy to use Interface. Horse racing markets Live Streaming. Create your account Betstar. Jun Melbourne Cup Odds May Melbourne Cup History. Nov Check the Melbourne Cup Tips in Oct As they are released, the latest Melbourne Cup odds are also adjusted to balance out the influence of betting.

Some online betting sites release early Melbourne Cup odds, making it possible to bet on very strong contenders at double-digit odds. If mathematics is not your strength, the first time you come face-to-face with racing odds you might be a bit overwhelmed. Then divide the right hand number 1 by the total 3 — the result is So your percentage odds are Then divide the right hand number 2 by 9 - the result is Calculating returns is also fairly simple.

Almost as soon as one Melbourne Cup race is finished, bookmakers open Early Markets known as All-in Markets for the next edition of the Cup. Why wait until November for all of the betting excitement? Pre-post betting markets for the Melbourne Cup are available all year round, but the real money is invested in the three days prior to the race.

The Melbourne Cup is easily the most popular betting event in Australia and the staggering amount of money wagered on the race means that there is generally great value available for every single runner in the field. The Melbourne Cup odds will change often in the lead up to the race, but those who place their bets early will get the best odds.

The Melbourne Cup nominations are released on approximately 25th August and are updated periodically. Once nominations are released, the Melbourne Cup odds become shorter. If you want to get involved in early markets, you should compare the latest Melbourne Cup odds between bookmakers. It really pays to back a horse at its best odds. Bookies will often roughly agree on a horse's price, but some slip through the cracks and, when that happens, the price discrepancies can be huge.

The great Makybe Diva is the only horse to ever win the Melbourne Cup three times. She did them all in a row between the years of ! Oakleigh Plate VIC. Australian Guineas VIC. Surround Stakes NSW. Randwick Guineas NSW. Australian Cup VIC. View Full Results. Melbourne Cup Odds For as long as horses have been racing, people have been betting on horse races.

Bet Now. Odds are usually displayed in the decimal format: E.