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2023 Melbourne Cup betting sites
The Melbourne Cup, Flemington RacecourseMelbourne Cup betting is available at Australian bookmakers in the hours after the race is run each year. The best Melbourne Cup betting sites will have both futures and a bevy of race day odds available. Melbourne Cup bookmakers can be accessed via a multitude of devices as long as you have an internet browser and a wifi or data connection. BettingSite.com.au’s guide to betting on the Melbourne Cup will teach you about the history of the race, how to bet, the top racing betting sites and much more.
Melbourne Cup betting – 1861-2023
It is known as the race that stops a nation — and while that may be the saying that now bores a nation, there’s no doubt that for five minutes, everything comes to a dramatic stand-still for the Melbourne Cup.
The Melbourne Cup is one of the world’s richest horse races and draws the best talent from around the globe to compete for the enormous prize money on offer.
The race has seen winners from Australia, Japan, Germany, England and Ireland and routinely draws an incredible audience both on track at Flemington racecourse and on television.
Traditionally Flemington will house close to 100,000 patrons on-course for the world’s most famous staying race, with a global audience of well over 700 million people expected to tune in.
Top 2023 Melbourne Cup bookmakers
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Melbourne Cup 2023 results
| Place | No. | Colours | Horse | Trainer | Jockey | Win | Place |
|---|---|---|---|---|---|---|---|
| 1st | 3 |  |
$9 | $3.30 | |||
| 2nd | 6 |  |
$3.40 | ||||
| 3rd | 14 |  |
$21 | ||||
| 4th | 11 |  |
|||||
| Quinella | $43.20 | Trifecta | $10,668.10 | First Four | $332,291.10 | ||
2023 Melbourne Cup field
| No. | Silks | Horse | Trainer | Jockey | Barrier | Weight | Odds |
|---|---|---|---|---|---|---|---|
| 1 |  |
+600 | |||||
| 2 |  |
+5000 | |||||
| 3 | |
+550 | |||||
| 4 |  |
+1800 | |||||
| 5 |  |
+360 | |||||
| 6 | |
+900 | |||||
| 7 |  |
+900 | |||||
| 8 |  |
+3300 | |||||
| 9 |  |
+2500 | |||||
 |
SCR | ||||||
| 11 | |
+3300 | |||||
| 12 |  |
+8000 | |||||
| 13 |  |
+8000 | |||||
| 14 | |
+12500 | |||||
| 15 |  |
+1700 | |||||
| 16 |  |
+15000 | |||||
| 17 |  |
+2200 | |||||
| 18 |  |
+4000 | |||||
| 19 |  |
+20000 | |||||
| 20 |  |
+2500 | |||||
| 21 |  |
+2000 | |||||
| 22 |  |
+10000 | |||||
| 23 |  |
+4000 | |||||
| 24 |  |
+12500 |
How betting on the Melbourne Cup works
Betting on the Melbourne Cup works exactly the same as any other horse race. The key difference being there is a greater interest, which means there is much money spent and a fixed odds market that goes up almost instantaneously after the most recent Cup is run and won.
The win market is simply a return on the odds on offer for every dollar you put on. For instance, the 2015 Melbourne Cup winner Protectionist paid $8.50 with online bookmakers fixed odds.
This means punters smart enough to take those odds on the German horse would have received $8.50 for every dollar they invested – one lucky punter put on a $10,000 bet at fixed odds several weeks before the big race, netting him $85,000.
The $8.50 was a guaranteed dividend too because it was placed as a fixed odds bet, which means you get that price no matter how much the winning dividend fluctuates from when you placed your wager. The fixed odd market also extends to the place and quinella.
Fixed odds markets can be a lucrative way to place a Melbourne Cup bet, with astute punters able to get much better odds on a horse if they are able to identify a winner well before the race day fields are out.
As previously mentioned, the Melbourne Cup betting is unlike any other race in the world in that fixed odds markets will go up as soon the race has concluded, with typically the horse that took out the race opening as the favourite.
Melbourne Cup bet types
Let’s go through the most popular types of bets you can place on the Melbourne Cup. Click the drop boxes below to learn more about each one.
- Win bet explains itself. You place your money on the horse you think will pass the post first.
- A place bet gives you a much better chance at getting a return, but it will be significantly smaller. A place bet means your horse can finish within the top three and you will get a return. Having said that, in a field of 24 like the Melbourne Cup, finding a horse to do that is easier said than done.
- An each way bet means you will have something on the win, but also a saver on the place. Typically you put an each way bet on a bit of an outsider, given that the favoured horses in the race pay minimal returns on the place.
- A quinella bet is simple in theory but hard in practise. Placing a quinella simply means you pick the horses to finish one and two in the race in no particular order.
- An exacta bet works the same as a quinella, only difference being the punter has to select the correct order of the horses.
- One of the most popular exotics, a trifecta bet is selecting the horses to finish first, second and third. There is several ways you can put this bet on, whether it be in the correct order or a boxed selection – which means your selections can finish in any order.
- First four – like the win bet – is self-explanatory. Like the trifecta bet you can either select the horses to run in the correct order, or you can box four or more horses to run in any order.
- You can bet on the Melbourne Cup all year round. Outlets such as Ladbrokes & Neds offer fixed odds markets on the Melbourne Cup not long after the completion of that year’s race.
Melbourne Cup history
Every Australian is aware of the Melbourne Cup. Horses like the legendary Phar Lap, who won the 1930 Melbourne Cup, and Makybe Diva, who won three successive Cups, are given the same plaudits as our most famous sportsmen and women. The race is always run on the same day – the first Tuesday in November, which is a public holiday in Victoria.
Read our Melbourne Cup statistics and facts guide to get a better understanding of the way the race has evolved over the years, and look at some of the quirky coincidences and results that have occurred.
The legendary Phar LapAt just after 3pm every on the first Tuesday in November, Australia stops as the best stayers from Australia and overseas battle it out over 3200 metres. Barbecues are fired up, lagers flow, and the on-course crowd exceeds 100,000, putting it right among the biggest race meets in the world.
Just how did the Melbourne Cup evolve into such a huge event?
A man by the name of Frederick Standish, who was a member of the Victorian Turf Club, is widely accepted as the man who created the Melbourne Cup, which was first run in 1861. On Thursday, November 7, 17 horses pounded the course for just over £700. It is believed to be one of the healthiest purses for a horse race at this time.
Archer won the inaugural Melbourne Cup and has ever since been a staple at trivia nights around the country, as the great race has grown into something Standish would fail to recognise.
A little known fact about the early days of the cup is the decision to give members of the club two ladies tickets for the Melbourne Cup, the thinking being that where women go, men will follow. Perhaps this is why the Melbourne Cup has always been inclusive of the fairer sex.
Complete list of Melbourne Cup winners from 1861-2022
Year Horse Jockey Trainer Colour Sex Age Starters Number Barrier Weight 2023 Without A Fight M Zahra A & S Freedman Brown Gelding 7 23 3 16 56.5 2022 Gold Trip M Zahra C Maher & D Eustace Bay Stallion 5 22 1 14 57.5 2021 Verry Elleegant J McDonald C Waller Bay Mare 6 23 4 19 57 2020 Twilight Payment J McNeil J O’Brien Bay Gelding 7 23 6 12 55.5 2019 Vow And Declare C Williams D O’Brien Chestnut Gelding 4 24 23 21 52 2018 Cross Counter K McEvoy C Appleby Bay Gelding 4 24 23 19 51 2016 Almandin K McEvoy R Hickmott Bay Gelding 7 23 17 17 52 2015 Prince of Penzance Michelle Payne D Weir Bay Gelding 6 24 19 1 53 2014 Protectionist R Moore A Wohler Bay Horse 5 22 5 11 56.5 2013 Fiorente D Oliver G Waterhouse Brown Horse 6 24 6 5 55 2012 Green Moon B Prebble R Hickmott Bay Horse 6 24 14 5 53.5 2011 Dunaden C P Lemaire M Delzangles Bay Horse 6 23 3 13 54.5 2010 Americain G. Mosse A De Royer-Dupre Bay/Brown Horse 6 23 8 11 54.5 2009 Shocking C. Brown M. Kavanagh Bay Horse 4 23 21 22 51 2008 Viewed B. Shinn J.B. Cummings Bay Horse 5 22 10 8 53 2007 Efficent M. Rodd G. Rogerson Grey Gelding 4 21 6 10 54.5 2006 Delta Blues Y. Iwata K. Sumii Bay Horse 6 23 2 10 56 2005 Makybe Diva G. Boss L. Freedman Bay Mare 7 24 1 14 58 2004 Makybe Diva G. Boss L. Freedman Bay Mare 6 24 5 7 55.5 2003 Makybe Diva G. Boss D. Hall Bay Mare 5 23 12 14 51 2002 Media Puzzle D. Oliver D. Weld Chesnut Gelding 6 19 14 3 52.5 2001 Ethereal S. Seamer S. Laxon Bay Mare 4 22 13 13 52 2000 Brew K. McEvoy M. Maroney Bay Gelding 6 23 24 22 49 1999 Rogan Josh J. Marshall J.B. Cummings Brown Gelding 7 24 17 21 50 1998 Jezabeel C. Munce B. Jenkins Brown Mare 6 25 22 16 51 1997 Might And Power J. Cassidy J. Denham Bay/Brown Gelding 4 22 3 2 56 1996 Saintly D. Beadman J.B. Cummings Chesnut Gelding 4 22 5 3 55.5 1995 Doriemus D. Oliver L. Freedman Chesnut Gelding 5 21 6 21 54.5 1994 Jeune Wayne Harris D. Hayes Chesnut Horse 6 24 6 5 56.5 1993 Vintage Crop Michael Kinane D. Weld Chesnut Gelding 7 24 6 5 55.5 1992 Subzero Greg Hall L. Freedman Grey Horse 4 21 8 14 54.5 1991 Lets Elope S.R. King J.B. Cummings Chesnut Mare 4 24 15 10 51 1990 Kingston Rule D. Beadman J.B. Cummings Chesnut Horse 5 24 8 1 53 1989 Tawrrific R.S. Dye L. Freedman Bay Horse 5 23 6 11 54 1988 Empire Rose T. Allan L.K.Laxon Chesnut Mare 6 22 11 20 53.5 1987 Kensei L. Olsen L.J.Bridge Chesnut Gelding 5 21 8 4 51.5 1986 At Talaq M. Clarke C.S. Hayes Bay Horse 6 22 4 17 54.5 1985 What A Nuisance P. Hyland J.F. Meagher Bay Gelding 7 23 13 17 52.5 1984 Black Knight P. Cook G.M. Hanlon Bay/Brown Gelding 5 19 17 11 50 1983 Kiwi J. Cassidy E.S. Lupton Chesnut Gelding 6 24 11 2 52 1982 Gurners Lane L. Dittman G.T. Murphy Chesnut Gelding 4 23 4 22 56 1981 Just A Dash P. Cook T.J. Smith Bay Gelding 4 22 7 9 53.5 1980 Beldale Ball J. Letts C.S. Hayes Brown Horse 5 22 15 22 49.5 1979 Hyperno H. White J.B. Cummings Bay/Brown Gelding 6 22 2 11 56 1978 Arwon H. White G.M. Hanlon Bay/Brown Gelding 5 22 12 20 50.5 1977 Gold And Black J. Duggan J.B. Cummings Brown Gelding 5 24 2 14 57 1976 Van Der Hum R.J. Skelton L.H. Robinson Chesnut Gelding 5 23 6 23 54.5 1975 Think Big H. White J.B. Cummings Bay Gelding 5 20 2 3 58.5 1974 Think Big H. White J.B. Cummings Bay Gelding 4 22 12 16 53 1973 Gala Supreme F. Reys R.J. Hutchins Brown Gelding 4 24 15 24 49 1972 Piping Lane J. Letts G.M. Hanlon Brown Gelding 6 22 16 11 48 1971 Silver Knight R.B. Marsh E. Temperton Grey Horse 4 21 8 15 55 1970 Bagdad Note E.J. Didham R. Heasley Grey Gelding 5 23 4 13 54 1969 Rain Lover J. Johnson M.L. Robins Bay Horse 5 23 2 5 60.5 1968 Rain Lover J. Johnson M.L.Robins Bay Horse 4 26 11 24 51.5 1967 Red Handed R. Higgins J.B. Cummings Chesnut Gelding 5 22 5 19 55 1966 Galilee J. Miller J.B. Cummings Bay Gelding 4 22 4 14 56.5 1965 Light Fingers R. Higgins J.B. Cummings Chesnut Mare 4 26 14 6 52.5 1964 Polo Prince R. Taylor J.P. Carter Bay Gelding 6 26 12 4 52 1963 Gatum Gatum J. Johnson H.G. Heagney Brown Gelding 5 26 22 19 50 1962 Even Stevens L. Coles A. McGregor Chesnut Horse 5 26 6 21 53 1961 Lord Fury R. Selkrig F.B. Lewis Brown Horse 4 25 17 6 48 1960 Hi Jinx W. A. Smith T.H. Knowles Bay Mare 5 32 6 49 1959 Macdougal P. Glennon R.W. Roden Bay Gelding 6 28 5 16 56 1958 Baystone M. Schumacher J. Green Bay Gelding 6 29 7 10 55 1957 Straight Draw N. McGrowdie J.M. Mitchell Bay Gelding 5 19 9 8 53 1956 Evening Peal G. Podmore E.D. Lawson Brown Mare 4 22 12 10 51 1955 Toparoa N. Sellwood T.J. Smith Bay Gelding 7 24 11 19 48 1954 Rising Fast J. Purtell I.J. Tucker Bay/Brown Gelding 5 25 1 8 59.5 1953 Wodalla J. Purtell R. Sinclair Brown Horse 4 21 9 5 52.5 1952 Dalray W. Williamson C.C. McCarthy Bay Horse 4 30 1 1 61 1951 Delta N. Sellwood M. McCarten Brown Horse 5 28 1 8 59.5 1950 Comic Court P. Glennon J. Cummings Brown Horse 5 26 1 14 59.5 1949 Foxami W. Fellows D. Lewis Bay Horse 4 31 5 12 54.5 1948 Rimfire R. Neville S. Boyden Chesnut Gelding 6 30 25 23 45.5 1947 Hiraji J. Purtell J.W. McCurley Grey Gelding 4 30 12 11 49.5 1946 Russia D. Munro E. Hush Chesnut Horse 6 35 1 1 57 1945 Rainbird W. Cook S. Evans Chesnut Mare 4 26 17 17 47.5 1944 Sirius D. Munro E. Fisher Chesnut Horse 4 23 4 4 53 1943 Dark Felt V. Hartney R. Webster Brown Horse 6 24 5 9 52.5 1942 Colonus H. McCloud F. Manning Bay Horse 4 24 19 24 45.5 1941 Skipton W. Cook J. Fryer Chesnut Colt 3 23 13 19 47.5 1940 Old Rowley A. Knox J.A. Scully Chesnut Gelding 7 20 11 5 50 1939 Rivette E. Preston H. Bamber Bay Mare 6 26 12 4 48.5 1938 Catalogue F. Shean A. McDonald Bay Gelding 8 22 5 17 52.5 1937 The Trump A. Reed S.W. Reid Bay Gelding 5 28 10 8 53 1936 Wotan O. Phillips J. Fryer Brown Horse 4 20 15 6 49.5 1935 Maraboa K. Voitre L. Robertson Bay Horse 4 22 12 10 49.5 1934 Peter Pan D. Munro F. McGrath Chesnut Horse 5 22 1 25 61.5 1933 Hall Mark J. O Sullivan J. Holt Chesnut Colt 3 18 13 6 48 1932 Peter Pan W. Duncan F. McGrath Chesnut Colt 3 27 18 11 47 1931 White Nose N. Percival E.J. Hatwell Brown/Black Horse 5 14 14 12 43.5 1930 Phar Lap J.E. Pike H.R. Telford Chesnut Gelding 4 15 1 13 62.5 1929 Nightmarch R. Reed A. McAulay Brown Horse 4 14 3 5 58 1928 Statesman J. Munro W. Kelso Chesnut Horse 4 17 8 19 51 1927 Trivalve R. Lewis J. Scobie Chesnut Colt 3 26 19 27 47 1926 Spearfelt H. Cairns V. O Neill Brown Horse 5 21 4 1 58.5 1925 Windbag J. Munro G. Price Bay Horse 4 28 2 25 58 1924 Backwood P. Brown R. Bradfield Bay Horse 6 18 9 7 51.5 1923 Bitalli A. Wilson J. Scobie Brown Gelding 5 26 21 0 44.5 1922 King Ingodas A. Wilson J. Scobie Brown Horse 4 32 23 0 45 1921 Sister Olive E. O Sullivan J. Williams Chesnut Filly 3 25 24 0 44 1920 Poitrel K. Bracken H.J. Robinson Chesnut Horse 6 23 1 0 63.5 1919 Artilleryman R. Lewis P.T. Heywood Brown Colt 3 20 13 0 47 1918 Nightwatch W. Duncan R. Bradfield Bay Gelding 5 27 24 0 42 1917 Westcourt W. McLachlan J. Burton Brown Horse 5 20 12 0 53 1916 Sasanof F. Foley M. Hobbs Brown Gelding 3 28 28 0 43.5 1915 Patrobas R. Lewis C. Wheeler Brown Colt 3 24 19 0 47 1914 Kingsburgh K.G. Meddick I. Foulsham Chesnut Colt 4 28 25 0 43.5 1913 Posinatus A. Shanahan J. Chambers Bay Gelding 5 20 8 0 49 1912 Piastre A. Shanahan R. O Connor Bay Horse 4 23 14 0 48.5 1911 The Parisian R. Cameron C. Wheeler Brown Gelding 6 33 4 0 55 1910 Comedy King W. McLachlan J. Lynch Brown/Black Horse 4 30 16 0 49.5 1909 Prince Foote W. McLachlan F. McGrath Bay Colt 3 26 17 0 48 1908 Lord Nolan J. Flynn E. A. Mao Bay Colt 3 22 24 0 42.5 1907 Apologue W. Evans I. Earnshaw Bay Horse 5 19 18 0 48.5 1906 Poseidon T. Clayton I. Earmshaw Bay Colt 3 21 15 0 47 1905 Blue Spec F. Bullock W. Hickenbotham Brown Horse 6 27 12 0 51 1904 Acrasia T. Clayton A. E. Wills Bay Mare 7 34 19 0 47 1903 Lord Cardigan N. Godby A.E. Cornwell Brown Colt 3 24 22 0 41.5 1902 The Victory R. Lewis R. Bradfield Bay Colt 4 22 3 0 56 1901 Revenue F. Dunn H. Munro Bay Gelding 5 19 10 0 49 1900 Clean Sweep A. Richardson James Scobie Black Colt 3 29 23 0 44.5 1899 Merriwee V. Turner J.Wilson jun. Brown Colt 3 28 22 0 47 1898 The Grafter John Gough W. Forrester Brown Gelding 5 28 4 0 58 1897 Gaulus S. Callinan W. Forrester Chesnut Horse 6 29 20 0 48 1896 Newhaven H.J. Gardiner W. Hickenbotham Chesnut Colt 3 25 11 0 50.5 1895 Auraria J. Stevenson J.H. Hill Brown Filly 3 36 26 0 46.5 1894 Patron H.G. Dawes R. Bradfield Chesnut Horse 4 28 4 0 52 1893 Tarcoola H. Cripps J. Cripps Bay Horse 7 30 12 0 52.5 1892 Glenloth G. Robson M. Carmody Brown Horse 5 35 13 0 50.5 1891 Malvolio G. Redfearn J. Redfearn Bay Horse 4 34 9 0 52.5 1890 Carbine R. Ramage W. Hickenbotham Bay Horse 5 39 1 0 66 1889 Bravo J. Anwin T. Wilson Bay Horse 6 20 4 0 54 1888 Mentor M. O Brien W. Hickenbotham Bay Horse 4 28 8 0 52 1887 Dunlop T. Sanders J. Nicholson Brown Horse 5 18 4 0 52 1886 Jarsenal W. English H. Rayner Brown Horse 4 28 20 0 46.5 1885 Sheet Anchor M. O Brien T. Wilson Brown Horse 7 35 9 0 49.5 1884 Malua A. Robertson Isaac Foulsham Bay Horse 5 24 2 0 61 1883 Marini-Henri J. Williamson M. Fennelly Bay Colt 3 29 19 0 46.5 1882 The Assyrian C. Hutchens J.E. Savill Brown Horse 5 35 10 0 50.5 1881 Zulu Jim Gough T. Lamond Black Horse 4 33 39 0 36 1880 Grand Flaneur T. Hales T. Brown Bay Colt 3 22 20 0 42.5 1879 Darriwell S. Cracknell W.E. Dakin Brown Horse 5 27 11 0 46.5 1878 Calamia T. Brown E. de Mestre Bay Horse 5 30 6 0 51.5 1877 Chester P. Pigott E. de Mestre Bay Colt 3 33 19 0 43.5 1876 Briseis P. St. Albans James Wilson Brown Filly 3 33 0 40 1875 Wollomai R. Batty S. Moon Bay Horse 6 20 0 48 1874 Haricot P. Pigott S. Harding Bay Gelding 4 18 0 41.5 1873 Don Juan W. Wilson James Wilson Bay Horse 4 24 0 43.5 1872 The Quack W. Enderson John Tait Bay Horse 6 22 0 49 1871 The Pearl J. Cavanagh John Tait Bay Horse 5 23 0 46 1870 Nimblefoot J. Day W. Lang Bay Gelding 7 28 0 38 1869 Warrior J. Morrison R. Sevoir Brown Gelding 6 26 0 55.5 1868 Glencoe C. Stanley John Tait Chesnut Horse 4 25 0 57.5 1867 Tim Whiffler J. Driscoll E. de Mestre Bay Horse 5 27 0 56 1866 The Barb W. Davis John Tait Black Colt 3 28 0 42 1865 Toryboy E. Cavanagh P. Miley Grey Gelding 8 23 0 44.5 1864 Lantern S. Davis S. Mahon Brown Colt 3 19 0 39.5 1863 Banker H. Chifney Sam Waldock Bay Colt 3 7 0 33.5 1862 Archer J. Cutts E. de Mestre Bay Horse 6 20 0 64.5 1861 Archer J. Cutts E. de Mestre Bay Horse 5 17 0 60.5 - 12 – Bart Cummings
- 5 – Etienne de Mestre
- 5 – Lee Freedman
- 4 – John Tait
- 4 – Walter Hickenbotham
- 4 – Richard Bradfield
- 4 – Jim Scobie
- 3 – George Hanlon
- 3 – Frank McGrath
- Bobby Lewis: 33 starts, 4 wins, 4 seconds, 1 third, 2 fourths. (Wins: 1902, ’15, ’19, ’27)
- Harry White: 24 starts, 4 wins, 2 seconds. (Wins: 1974, ’75, ’78, ’79)
- Midge McLachlan: 14 starts, 3 firsts, 2 seconds, 1 third, 1 fourth. (Wins: 1909, ’10, ’17)
- Damian Oliver: 25 starts, 3 wins, 2 seconds, 1 fourth. (Wins: 1995, 2002, ’13)
- Glen Boss: 13 starts, 3 wins, 1 second, 1 third, 3 fourths. (Wins: 2003, ’04, ’05)
- Jack Purtell: 19 starts, 3 wins, 1 second, 1 third, 1 fourth. (Wins: 1947, ’53, ’54)
- Darby Munro: 18 starts, 3 wins. (Wins: 1934, ’44, ’46)
- Jimmy Johnson: 10 starts, 3 wins. (Wins: 1963, ’68, ’69)
- Roy Higgins: 8 starts, 2 wins, 2 seconds, 2 thirds, 4 fourths. (Wins: 1965, ’67)
- Peter Cook: 2 wins, 2 seconds, 1 third, 1 fourth. (Wins: 1981, ’84)
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