How to Bet on the Melbourne Cup 2021

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In this short guide, you will learn how to bet on the Melbourne Cup and how to choose the best online bookie for when the horses hit the track in November. Read on to get more information about Melbourne Cup betting to prepare you for this high-stakes Australian horse race.

Melbourne Cup Betting: Bookmakers Offers

Here is what you can expect to see from different Melbourne Cup online betting operators:

Melbourne Cup Bookmakers Descriptions Visit Site
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How do I place a bet on the Melbourne Cup online?

Horse racing fans rejoice, betting on the Melbourne Cup online is a simple process. For those who’ve never bet online before, you can follow the guide below:

  1. Choose the bet type (or types) and horse (or horses) you want to bet on
  2. Compare the odds offered by different operators
  3. Pick an operator with which you want to bet and head to their website
  4. Create an account
  5. Follow the operator’s instructions for placing horse racing bets
  6. Sit back and wait for race day or start betting on futures in advance

Melbourne Cup Betting Types 2021

Now that you’ve chosen an operator to bet with, you can learn more about how to bet on the Melbourne Cup.

You should know that there are a lot of types of bets that you can place on this competition.

Here are some common bet types that you can choose while betting on this cup.

  • Win Bet – With this type of bet, you are choosing the winner of the race. Simply pick the horse that you think is going to be the first one past the post. Win Bet is probably the most common type of bet when it comes to horse racing.
  • Place Bet – By using the Place Bet, you can predict whether the horse is going to finish in the top three. Chances to win this bet are higher than the ones you have with Win Bet. On the other hand, the odds are generally lower with this type of bet as well.
  • Quinella – Place your bets on the two horses that you think are going to be among the first two in the race. The order in which the two horses finish is not important for this type of bet.
  • Trifecta – With this type of bet, you pick the three horses who will come 1st, 2nd and 3rd as well as their exact order. If you have correctly chosen the correct horses and order, you’ll win the bet.

Don’t forget to pick the type of bet and your favourite horses before the Melbourne Cup date arrives.

Melbourne Cup Odds

When it comes to betting on the Melbourne Cup, the bet type isn’t the only thing to take into consideration. You should also take a look at the Melbourne Cup odds to make sure you’re getting the best deal for your bet, as well as to potentially guide your choice.

Below you’ll find this year’s odds for the top contenders.

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Melbourne Cup Odds

How to bet on the Melbourne Cup

Melbourne Cup Live Betting

For those who like to have as much information about the horses, the jockeys, the track conditions and any other statistics as possible before placing a bet, Melbourne Cup live betting could be a good option. Live betting lets you place bets during the race, adding some extra excitement to the betting experience.

Please note that due to the Interactive Gambling Act in Australia, any form of live betting cannot be conducted online.

Live betting reduces the chance of bettors’ bets being voided due to any scratchings, however, there is also the possibility the odds won’t be as good as before the race.

Some operators also offer a live streaming feature so you can watch the action unfold as you bet live. You’ll need to check with your chosen operator to see if they offer this feature for their horse racing section, as well as if they are any specific requirements you must meet to benefit from it. Normally these include having placed a bet or having a positive balance in your account.

Melbourne Cup FAQ

To conclude this how to bet on the Melbourne Cup guide, I’ve brought you some of the most popular questions and answers in regards to this competition.

Who are the favourites for the Melbourne Cup 2021?

One of this year’s favourites is Tiger Moth as he came in second place at last year’s race. However, we still need to wait for the Melbourne Cup date to approach to make more detailed predictions about which horse will make it into the Melbourne Cup history book this year.

How do I place a Melbourne Cup trifecta bet?

Placing a trifecta bet is similar to placing any other type of bet. Simply head to your operator of choice’s website, go to the horse racing section and build your trifecta bet on their Melbourne Cup section.

Who was the Melbourne Cup winner in 2020?

Last year’s Melbourne Cup winner was Twilight Payment, making him the most recent horse to make it into the Melbourne Cup history books. His jockey was Jye McNeil and his trainer was Joseph O’Brien.

Who was the Melbourne Cup winner in 2019?

Vow And Declare was the fastest on the track in 2019, making him that year’s Melbourne Cup winner. He was trained by Danny O’Brien and ridden by Craig Williams.

What was the Melbourne Cup winner in 2018?

The winner of the Melbourne Cup in 2018 was a horse named Cross Counter. The jockey was Kerrin McEvoy and a trainer Charlie Appleby.

When does the Melbourne Cup usually take place?

The Melbourne Cup usually takes place on the first Tuesday of November. This year, the race is on Tuesday 2nd November at 3pm. It will be held at Flemington Racecourse in Caulfied, Australia.

Can I start betting on the Melbourne Cup today?

For those wanting to get an early start on betting on the Melbourne Cup, some operators will already have their futures bets available for this monumental horse racing event. This means you can start betting as early as today.

What are the best tips for betting on the Melbourne Cup?

You can find our best betting tips for the Melbourne Cup in our free, dedicated online guide.

What other races take place at Flemington Racecourse?

While the Melbourne Cup is the most popular race that is held at Flemington Racecourse, there’s a number of other popular races such as the Caulfield Cup, which will take place on Tuesday 12th October, and Kennedy Oaks, which is scheduled for Thursday 4th November. Betting on these other races will be possible with most operators who offer horse racing betting.

How to bet on the Melbourne Cup?

There are different types of bets that you can place. We have covered some of the most popular ones in this guide. For more information on this, you can check some of the online bookies that we have talked about and see what bets they are offering for this competition.

What is the final field for Melbourne Cup 2021?

We won’t know which horses will make up the final field for this year’s Melbourne Cup until closer to race day. The field draw usually happens in October and will assign each horse to a barrier on the track at Flemington Racecourse in Caulfield.

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05. May 2020
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