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Melbourne Cup Betting Odds & Offers

The Race Everyone Wants to Win

It used to be the Arlington Million, then it was the Breeders Cup.  The Dubai Carnival followed but now the Melbourne Cup Festival, and more pertinently the Melbourne Cup itself is the International race that most punters want to get involved in and trainers want to win.

Remarkably, since 1993 when ‘Vintage Crop’ became the first European-trained winner and brought the race to the attention of the Northern Hemisphere, no British-trained horse has won the race.  That sequence now encompasses 81 runners.

The Best Melbourne Cup Betting Offers

  • Take Cross Counter to Win at 8/1 £100 Free Bet
    New Customers only. Up to £100* in Bet Credits. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
  • 11/1 on Best Solution to Win The Race £20 Free Bet
    New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
  • 12/1 on Avilius Winning the Melbourne Cup £30 Free Bet
    18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min 5 bet within 14 days of account reg at min odds 1/2 = 4 x 5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply.
  • 16/1 Odds for Youngstar to Win in Melbourne £30 Free Bet
    New UK & NI customers only. Promo code ‘SPORTS60’. Deposit & place first sports bet of £10+ in one bet transaction, at odds of Evens (2.0) +. settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement, 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 60 Free Spins on Justice League Comics. 7-day expiry.Full T&Cs apply.
  • 28/1 on Ventura Storm to be Crowned at the Melbourne Cup £30 Free Bet
    “18+ new customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Slot Bonus, selected games, wager 20x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply. | Please gamble responsibly”

Melbourne Cup Betting

Australian’s are fanatical gamblers and ‘down-under’ not only is the Melbourne Cup known as ‘the race that stops a nation’, the race day (the Melbourne Cup is always staged on the first Tuesday in November) is given ‘public holiday’ status in the State of Victoria.  An amazing 80% of Australia’s adult population are believed to place a bet on the Melbourne Cup each year.

But the two-mile race at Flemington Racecourse in Melbourne is broadcast live around the world, into gambling-mad Hong Kong, North America and much of Europe.  Furthermore, as of 2016, it can be watched live anywhere in the world via Twitter. And so the Melbourne Cup whips-up a global betting frenzy.

2018 Melbourne Cup Betting Odds

The Melbourne Cup is limited to a field of 24 runners but, as it is everyman’s dream to have a runner in the race, it always features a massive list of early entries.

Exactly two months before the 2018 Cup was due to start the names of no less than 225 horses were quoted in the ante-post Melbourne Cup betting lists. It obviously means about one horse in a hundred will make it to the starting stalls on November 7th.

So if you are going to place a long-range Melbourne Cup bet we recommend you identify a runner with a high rating that is unlikely to be balloted out of the race.  And that’s one of the reasons we are recommending a familiar name, Order of St George, who is likely to be allocated the ‘top weight’.

The 2015 Ascot Gold Cup winner may have been touched off by a short-head in the 2016 Royal Ascot showpiece race but the overwhelming consensus amongst the experts was the lack of pace in this year’s renewal being his undoing.

The one thing the Aidan O’Brien trained five-year-old is sure to get in the Melbourne Cup is a blistering pace from the opening of the starting gates.

Regardless of the pace and his draw (runner drawn wide are severely handicapped at Flemington), should Order of St George be amongst the Melbourne Cup runners, he will probably start at a single-figure price.

Melbourne Cup Betting Offers

Ante-post Melbourne Cup betting lists from the major firms – bet365, William Hill, Betfair, Unibet, Bet Victor et-al – offer each-way terms of 1/4 odds on positions 1-2-3-4. However nearer post time there will be plenty of ‘additional place’ offerings meaning some companies will pay out on 1-2-3-4-5 and even 1-2-3-4-5-6.

In the week leading up to the big race you can expect a raft of Melbourne Cup betting offers, such as money back specials, enhanced prices designed to attract your business. These are in addition to free bet offers (normally for first-time depositing customers) and so we recommended you identify ways of hedging any free bets on the Betfair betting exchange to ensure a profit.

The Caulfield / Melbourne Cup double will no doubt be priced-up and packaged as a ‘betting offer’ by some online sportsbooks. Don’t be tempted, it has only been achieved 11 times since 1939, the latest being Ethereal in 2001. Dunaden did win both races but took the 2011 Melbourne Cup before landing the 2012 almost 12 months later.

Melbourne Cup Free Bet

Don’t be afraid to open up a new online sports betting account in the weeks leading up to the Melbourne Cup. You will then have ample time to make your first-time deposit and claim your Melbourne Cup free bets in the days leading up to the race.

Doing it this way, and provided you have consented to receive correspondence, you will be sent all their Melbourne Cup offers allowing you to take advantage to the one that best suits you – such as ‘double the SP’ of the race winner.

Naturally, come race day, there will be a wealth of Melbourne Cup betting markets on offer for the great race. Everything from Quinellas to Trifectas and sportsbooks will be offering match-bets and distance specials amongst a host of other markets. Your new customer free bets can be placed on any of these markets.