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.
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.
2017 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 2017 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.