Ladbrokes Melbourne Cup 2023

Last Updated 3 weeks ago | Commercial content | 18+

The Melbourne Cup is one of the biggest global horse racing events every year. As one of the world’s richest races, bookmakers always make sure to offer plenty of markets.

Ladbrokes is one of the best betting sites in Australia and it has a particularly good Melbourne Cup offering. This guide will take you through everything you have to know about Melbourne Cup betting with Ladbrokes. You can also check all the Melbourne Cup betting offers for existing customers.

Ladbrokes Melbourne Cup 2023: What does Ladbrokes Offer?

The following features are available with Ladbrokes.

Criteria Ladbrokes Melbourne Cup
Offer for existing customers Visit site
Streaming Live Stream available
Odds Great selection of odds
Live Betting Live Betting available*
App App available
Read More

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

How to Bet On the Melbourne Cup 2023 With Ladbrokes

Countless Australians love placing bets on the Melbourne Cup each year. Even if they aren’t big racing Ladbrokes fans, this event transcends the sport. Placing a wager on the Melbourne Cup with Ladbrokes couldn’t be much easier. Here are a few simple steps that you can follow:

  1. Create an account with Ladbrokes
  2. Add funds to your new account
  3. Go to the horse racing section and find the Melbourne Cup markets
  4. Choose the horse you want to bet on
  5. Enter your bet size and confirm the bet

Melbourne Cup Betting on Ladbrokes 2023

The Melbourne Cup remains Australia’s best loved and most famous race. Open to those aged three and over, the Cup is staged over 3200 metres and is held at Flemington Racecourse as the focal point of the Spring Carnival.

At $8 million, the Melbourne Cup is one of the richest races in the world. It is also the most valuable handicap event. The race is run on Tuesday, November 1.

Here are some of the favourites with Ladbrokes for the 2022 Melbourne Cup:

Deauville Legend

With the Europeans back in force, there was bound to be a strong challenge from England. That’s where James Ferguson trains Deauville Legend and he is the best of the foreign challengers on form. In August he won the prestigious Great Voltigeur Stakes at York in fine style. He stays well, has a wonderful pedigree and looks tailor-made for this race.

Duais

Edward Cummings is desperate to emulate his grandad Bart by winning this race. He trains Duais, a mare in rare form back in March. Then, she landed the Group 1 Australian Cup at Flemington and the Tancred at Newcastle. She hasn’t been in anything like the same form since, but remains very high in the betting with Ladbrokes.

What do bookmakers offer for the Melbourne Cup?

Which Melbourne Cup Betting Markets are Available at Ladbrokes?

By the time the Melbourne Cup rolls around, there is usually a great collection of different markets available at Ladbrokes. This event will be better supported than the majority of races that take place during the course of the year.

As the race does not take place until November, the only market currently available is the ante-post race-winner markets. However, here are a few of the different markets that will appear as the race comes closer:

Race Winner

The most common type of bet on a horse race is the race-winner market. It is self-explanatory – you are going to place a bet on the horse that you think is going to successfully win the race.

Each-Way

An each-way bet combines a race-winner bet with a place bet. Half of your stake goes to create each of these bet types. Therefore, you are spreading your risk.

The number of places available at the Melbourne Cup can vary, so we will have to wait and see. A place finish will often be paying out at 1/5 of the race-winner odds.

Forecast/Tricast

One of the more difficult bet types available for the Melbourne Cup is the forecast/tricast. You are attempting to predict the exact horse that will finish in the top two or three places in the race. In return, you will get some very attractive odds if you are successful with your predictions.

What Types of Ladbrokes Melbourne Cup Odds are Offered?

Ladbrokes usually has some of the best odds around for the Melbourne Cup. As it has such a loyal customer base in Australia, it makes sure to look after them by offering competitive odds.

Naturally, you will often get better odds through ante-post betting as there is a lot that can change between now and the start of the race. This is why a lot of experienced bettors place their bets on the Melbourne Cup well in advance of the race itself.

What Are the Different Odds?

You are able to have great flexibility over the display of the odds on Ladbrokes. This means that you can choose between fractional and decimal odds as you please. There is a handy tool at the bottom of the website that allows you to instantly make this change as you see fit.

What to be aware of?

Any time that you are placing a bet, it is a good idea to make sure that you’re betting within your means. This means only placing a bet that you can afford to lose. Otherwise, you can see your fun times quickly spiral out of control.

If you are not familiar with placing bets on horse races, then it is a good idea to brush up on your knowledge of the different markets and learn a bit about what to look for when trying to find a winner of a race.

Ladbrokes Melbourne Cup Live Stream

Ladbroke stands out from a lot of the betting sites as it offers you the chance to live stream the Melbourne Cup. If you are unable to watch it on television, you can log into your Ladbrokes account on your mobile or desktop computer and watch it there.

All you have to do to get access to this live stream is to place a bet on the event.

Ladbrokes Melbourne Cup Live Stream

Ladbrokes Melbourne Cup 2023: FAQs

Find additional information about Ladbrokes Melbourne Cup in the section below.

What are the Operator’s Betting Markets?

The main markets will be race winner, place, each way, forecast, tricast, and length of victory.

Should I Bet on the Favourites or the Outsiders?

You should do some research and see which horse you think has a strong chance of winning. This could be the pre-race market favourite or it could be a horse that is further down the standings.

How are the Event’s Favourites Determined?

Usually, the horse that is the favourite for the Melbourne Cup will have a strong track record in recent races. It might have won some major titles. Course form is also a consideration. Finally, the odds will shorten if a lot of people are backing the same horse.

Summary

The Melbourne Cup is one of the biggest horse races that takes place every year. This guide presents you with all of the information you need to know before placing a bet on this amazing race. Learn about the history of the race, the contenders for 2023 and the odds.

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