Australia's best betting sites Melbourne Cup bonus code promotion is the best place for Australian punters to bet on the Melbourne Cup this year, thanks to its generous Melbourne Cup betting bonus offer and a special promo offering participating members a $1 million payout for picking the winning runner of the race that stops a nation.

BettingSite is offering all of our Aussie readers an easy-to-claim $500 in bonus bets at Neds bookmaker to use on the Melbourne Cup – all you have to do is sign up for an account using our latest sign up bonus code, as listed below. Click the link to have it applied automatically during the registration process.

Neds Signup Bonus

Use Neds Bonus Code:


When you have finished creating your account, log in to Neds and head to the cashier section and choose a deposit method from the list of supported services, including BPay, MasterCard, POLi and Visa. Simply deposit any amount up to $500 (minimum $5 deposit is needed to qualify for bonuses) and Neds will match your transferred amount by 100%, effectively doubling your initial bankroll to use on your favourite runner of choice at the Melbourne Cup. Million Dollar Moment

In addition, Neds is giving registered punters who place at least one bet on the site before Sunday November 5th at 5pm AEST the chance to win a Million Dollar Moment.

If you are selected by the bookmaker after the qualifying period ends, you will be allowed to back any runner of the Melbourne Cup with a $1 bet at 1,000,000 / 1 odds. If your selection wins, Neds will turn your measly wager into a whopping $1,000,000 payout.

These sort of crazy promotions don’t come around very often, and given Neds is a relatively new bookmaker your chances at winning big are much higher. We advise any and all of our readers who are planning to bet on the Melbourne Cup anyway to have a crack at Neds and give yourself a chance to win a life-changing jackpot during this year’s Melb Cup.

Is Neds the best bookmaker to use for the Melbourne Cup?

Founded by former Ladbrokes CEO Dean Shannon, Neds is the newest Australian bookmaker on the block, first opening October 3 with the focus on enticing Aussie punters looking for the best bonuses for the Spring Carnival season.

The site has quickly proven to be a solid contender with great range of racing markets, competitive bonuses and trusted licensing and regulation from the Northern Territory.

If you are interested in using Neds for your Melbourne Cup betting but want to find out more, please visit our Neds bookmaker review for our full in-depth look at the site and final verdict.