trophy

BOOKMAKER OF THE MONTH

Melbourne Cup tips and betting sites 2020

They call the Melbourne Cup the race that stops a nation in Australia. First run in 1861 on Crown Land by the banks of the Maribyrnong River, the Melbourne Cup race is a 3,200m (about two miles) Grade 1 Flat turf handicap for horses aged three and up on the first Tuesday in November.

What is Flemington Racecourse like and how do race terms shape the Melbourne Cup betting? Learn the stats and trends that can help you to find value bets. There are even Melbourne Cup tips for the 2020 race here, plus advice on the owners, trainers and jockeys to follow.

Melbourne Cup tips: What is Flemington Racecourse like

Ahead of studying the Melbourne Cup betting form, it is useful for you to know what the track at Flemington Racecourse is like. This world-famous race begins on the straight course and also includes a full circuit of the round track. Horses pass the winning post twice in the Melbourne Cup, then, and the run-in after they turn for home is only a short one at about 450m. Flemington is a left-handed course, so the horses run counter-clockwise.

Best Melbourne Cup betting sites

Since it is one of the most famous horse races in Australia, there are numerous bookmakers that offer odds for the race. Right underneath we have the top bookies for Melbourne Cup betting. We chose them by checking the payouts, the range of markets and whether ante post betting is available or not. 

22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

888sport
8.6/10
8.6/10

Players Rating: (12 Rates) 8.6

8.3/10

Players Rating: (16 Rates) 6.7

1xBet
100% Bonus up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Skrill
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.
22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

888sport
8.6/10
8.6/10

Players Rating: (12 Rates) 8.6

8.3/10

Players Rating: (16 Rates) 6.7

1xBet
100% Bonus up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Skrill
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.

How do handicaps affect Melbourne Cup betting

Betting on politicsAs a handicap that attracts entries from racehorses worldwide, the weight allocated to them in the Melbourne Cup can be crucial to their chances. The Victoria Racing Club, the race’s organisers, have the task of trying to equate form from all around the globe. It is the horse that they rate the highest who carries topweight and forms the handicap. In order to incentivise entries from overseas, however, the handicapper could choose to be lenient with foreign runners but often doesn’t.

With a race as competitive as this, the Melbourne Cup betting often favours horses that bookmakers feel may have got in lightly. Progressive and lightly-raced horses may be missed by the handicapper, but seldom are by the bookies. Lighter weights to carry are not necessarily an advantage if horses do not have any further improvement in them. Any horse that is badly handicapped will have odds that reflect that in the Melbourne Cup race betting and well-handicapped ones will be prominent.

Races to follow before the Melbourne Cup race

bet with TransferWiseHow horses perform in recognised trials influence the Melbourne Cup betting, so you need to know about those. With the exception of two recent winners, Rekindling and Cross Counter, every other horse to enjoy success in the race has run in Australia beforehand. Here are the key Melbourne Cup race trials:

⦁ Caulfield Cup, Caulfield, 2,400m, mid-October (the horse that wins this receives a ballot exemption which guarantees them a run in the Melbourne Cup itself).

⦁ Geelong Cup, Geelong, 2,400m, mid-October.

⦁ Cox Plate, Moonee Valley, 2,000m, mid-October (again, winning this gives a horse a spot in the Melbourne Cup race).

Which jockeys should I look out for in the Melbourne Cup betting

When it comes to riders, there are a few still active who have won the Melbourne Cup more than once. Kerrin McEvoy has partnered three different horses to victory (Brew, Almandin and Cross Counter) since 2000. Two of those success have come in the last four years. Veteran jockey Glen Boss won three in a row aboard legendary Australian mare Makybe Diva in 2003, 2004 and 2005.

Damien Oliver is another three-time winner of the Melbourne Cup thanks to rides on Doriemus, Media Puzzle and Fiorente. Corey Brown has two victories, both since 2009, on board Shocking and Rekindling. In terms of trainers, Lee Freedman (five), Robert Hickmott (two) and Dermot Weld (two) have all had saddled more than one Melbourne Cup race winner, so anything with an entry in this event from any of those stables is always worth taking a closer look at in the market.

Successful owners

Lloyd Williams likes nothing more than winning this race. He has owned six different Melbourne Cup race victors, including three since 2012. Any horse which carries his navy blue and white silks should be respected. This is also reflected in the Melbourne Cup betting market offered by bookmakers. This is because Williams purchases a horse sometimes with the specific aim of running it in the race.

How have the favourites fared

The favourites do not have a good record in this race. Since multiple winner Makybe Diva landed her hat-trick in the Melbourne Cup in 2005, the market leader has justified their position by landing the spoils just once. Horses with double figure starting prices (SPs) have won eight of the 14 subsequent renewals. They include a 100/1 (101.00) shot in 2015! As Melbourne Cup betting favourites have such a terrible recent record, they should be avoided at all costs.

Where to bet the favourites

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now


What Melbourne Cup betting trends do I need to know

There are some key Melbourne Cup betting trends you should think about when studying the market. For example, only one successful horse since 2011 has come into the race on the back of a win, although from 2013 onwards all have finished no worse than fourth in their prep run. You should be looking at horses that ran well without necessarily winning last time out, then. Here are some of other important stats:

⏩ The last four Melbourne Cup race winners carried 8st 3lb or less to victory, so looking at horses towards the bottom of the weights could pay off.

⏩ Three of the last four winners have had high gate draws. Seven of the previous 11 victors jumped out from stall 10 or above.

⏩ Since 2001, six horses that ran in the Caulfield Cup have gone on to win this race.

⏩ Three of the last five horses to finish first were trained Down Under.

⏩ Six of the last eight Australian winners had enjoyed previous success at Flemington in a black type race.

⏩ Between 2002 and 2011, three winners of the Geelong Cup went on to double up in Melbourne.

⏩ From 2005 to 2013, four horses that ran in the Cox Plate taste victory at Flemington.

Other important stats

As any good Melbourne Cup betting guide should tell you, it can pay to look at international runners. A horse trained in Britain has at least placed in the race every year since 2011; so, although only one based in the UK has ever tasted glory to date (Cross Counter), there is each way value in looking at those raiders. Horses from Ireland have a fine record of hitting the frame too.

Constructing an age profile for this is tricky because the Southern Hemisphere uses a different system to determine how old a horse is than in Europe and North America. Broadly speaking, however, the recent trend is for a younger horse with the last three victors aged three and/or four depending on the classification.

Melbourne Cup tips 2020: Which horses should I back

If you are looking for Melbourne Cup tips, then our experts can oblige. They have looked at the many acceptors and the ante post market in search of value bets for you. There is so much to consider, but that is what our pro tipsters are there to do. If you want to know which horses we recommend in the Melbourne Cup betting, check these two fancies out:

Russian Camelot: the ante post win punt

The Danny O’Brien trained three-year-old colt Russian Camelot is a beautifully bred horse with placed black type form at the track as a juvenile. He has since built on that with a decisive victory in the South Australia Derby at Morphettville. Connections have him in the key trials. If he goes well in those, his price in the ante post Melbourne Cup betting will contract.

Prince Of Arran: each way value

Some horses run well in this without ever winning it. British raider Prince Of Arran may fall into that category. He has been third past the post in both of the last two renewals. With just half-a-kilo more weight allotted to him than in 2019, Charlie Fellowes’ charge will be primed to give his best running again, even if there are more prominent contenders in the Melbourne Cup betting this year.

Should I bet ante post in the Melbourne Cup

You’ve read our Melbourne Cup predictions and seen which horses are recommended. Now, it is just a matter of deciding when to get your bets on. Besides the Melbourne Cup tips given above, there is also whether to put your wagers on ante post or not. Given the size of the field being 20 plus, you have to weigh up better place terms once the race has declared against better odds that are likely to only be available in advance. This is the balance which lies at the heart of betting on a handicap.

The benefits of ante post Melbourne Cup betting are tempered by the fact that you aren’t guaranteed a run for your money. If bookmakers offer better place terms on the day of the race, then a compromise is to split your intended stake across two bets. Half of the total amount wagered goes on an ante post bet which has standard handicap place terms. If your fancy does get declared, then the remaining half can go on at a shorter price with the insurance of extra places.

Bookspy: Can I make money betting the famous Australian race

betting types on politicsAs horses come from all over the world to take part in the Melbourne Cup, there is certainly value out there. It is tricky to find a long while in advance, though. Your fancied horse needs to be entered and then come through the ballot in order to get a run. There are ways in which horses can gain exemptions. These include winning the Caulfield Cup, but the bookies won’t miss such a performance. The good prices will dry up.

Going halfway around the world to run which is something European horses do here carries plenty of risks. They may not adapt to conditions in Australia. There are plenty of stats, trends and Melbourne Cup tips we have given. Although taking the plunge in the ante post market needs doing carefully. You want to get a run for your money and each way value at the same time. But betting big and early sees you risking too many unknowns.

Full list of Melbourne Cup betting sites

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Bet365 Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Code:
Bet Now
Unibet Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Code:
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
Betfair Betfair
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • Code:ZSKABS
100% up to €20
Code: ZSKABS
Bet Now
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Betwinner Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • Code:BMBET
100% up to €130
Code: BMBET
Bet Now
1XBit 1XBit
  • 96%+ on top leagues
  • Cash Out as Bet Slip Sale
  • Live Multiview
  • 96%+ on top leagues
  • Cash Out as Bet Slip Sale
  • Live Multiview
  • Code:BOOKSPYBET
100% up to 7 BTС
Code: BOOKSPYBET
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Bet365 Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Code:
Bet Now
Unibet Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Code:
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
Betfair Betfair
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • Code:ZSKABS
100% up to €20
Code: ZSKABS
Bet Now
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Betwinner Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • Code:BMBET
100% up to €130
Code: BMBET
Bet Now
1XBit 1XBit
  • 96%+ on top leagues
  • Cash Out as Bet Slip Sale
  • Live Multiview
  • 96%+ on top leagues
  • Cash Out as Bet Slip Sale
  • Live Multiview
  • Code:BOOKSPYBET
100% up to 7 BTС
Code: BOOKSPYBET
Bet Now

FAQ
Q: How many horses will be in the Melbourne Cup 2020?

Although the final field for the Melbourne Cup race won’t be known until nearer the time, six of the last eight renewals have had 24 horses running in them. Each race from 2008 onwards has had at least 22 runners.

Q: Who won the Melbourne Cup 2019?

Vow And Declare, ridden by Craig Williams and trained by Danny O’Brien, won the Melbourne Cup race in 2019 beating Irish raider Master Of Reality by a head. The runner-up was later disqualified and demoted to fourth following a stewards’ inquiry. British runner Prince Of Arran was promoted to second.

Q: Where can I place a bet on the Melbourne Cup?

Most leading online bookmakers will offer Melbourne Cup race betting, so you can place your bets on the race with them. They will have an ante post betting market on the race weeks or even months in advance if you want to get your wagers on early.

Q: Who are the favourites for the Melbourne Cup 2020?

Surprise Baby, trained by Paul Preusker, and Russian Camelot from the Danny O’Brien stable are early betting favourites for the Melbourne Cup race this year. From potential overseas runners, Aidan O’Brien Irish trained pair Tiger Moth and Santiago are also prominent in the market.

Q: How often does the favourite win the Melbourne Cup?

Since 2005, only one of the Melbourne Cup betting favourites has managed to win the race. That means the market leader has been beaten in the race in 14 of the last 15 years, so you should be wary of backing them.

Q: What are the highest odds for a Melbourne Cup winner?

The Melbourne Cup horse race betting returned a 100/1 (101.00) winner back in 2015, Prince Of Penzance. There was also a 40/1 (41.0) shot, Viewed, who was successful back in 2008, so big price runners and even rank outsiders can win the race.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

When you’re betting online on horse racing, you don’t just have to back racehorses to win. There is also place betting to consider. You need to ...

Read more »

Cash Out is a betting service that allows players to settle their bets before a sporting event has finished, either to protect their winnings and redu...

Read more »

Bet Constructor is a betting service that provides a unique capability. Players can build two groups up to five selections each, as virtual opponents,...

Read more »

Professional fighting has been on its best the past few years, with lots of great fighters having managed to thrill both boxing and Mixed Martial Arts...

Read more »

Since the introduction of the Swedish Gambling Act that came into force on January 1, 2019, several restrictions have been imposed on licensed bookies...

Read more »

In the world of horse racing betting, you may have heard mention of a superfecta before. Just what are these wagers and, of the different types you ca...

Read more »

Betfair has introduced the Same Game Multi tool on Sportsbook, allowing players to bet on markets within the same sporting event. Early on, bettors co...

Read more »

Horse racing is one of the most popular sports in the betting world, with some of the biggest payouts you can win as a bettor. One of the wagers you c...

Read more »

There are about ten different ways to describe vigorish and twice as many to define it: English bookies prefer to cut the word down to “vig”. American...

Read more »

At one point or another you must have wondered about this. Why spend endless hours reading news and calculating numbers simple to pick a match instead...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Mr Play Sports
  • 10.000 pre-match events per month
  • 35+ sports
  • 140+ extra bets
High Odds
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
SlotsNBets
  • 94% payout in top football leagues
  • Competitive in-play odds
  • Multiple tennis events
  • Code:bookmakers
120% up to €100
CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to $250
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
€25 Welcome Bonus
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Betfair
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • Code:ZSKABS
100% up to €20
Betinia
  • MGA license
  • 10,000+ events monthly
  • Asian Handicaps
100% up to €100
LATEST BOOKMAKER PROMOTIONS