Take advantage of early Melbourne Cup betting markets from our recommended online bookmaker Sportsbet to enjoy an early bet on Australia's most famous race.
Sportsbet's feature race odds are available well in advance for major Group 1 races throughout the season, allowing punters the opportunity to snare a value bet.
They also provide a free blackbook service to follow your favourite horses, which is very handy around spring time.
The 2020 Melbourne Cup will be run in 160 days on Tuesday 3rd November 2020.
Visit our Melbourne Cup Carnival page for more information about Flemington's four-day spring racing showpiece.
Sportsbet is our preferred bookmaker for all your Melbourne Cup betting. Read our Sportsbet Review to learn more about their bet types, racing app, promotions and more.
Fancy a Melbourne Cup bet? Open a new Sportsbet account to place a bet anytime.
|Horse name||Current odds||Place a Bet|
|Surprise Baby||$17.00||Bet now|
|Il Paradiso||$18.00||Bet now|
|Shared Ambition||$21.00||Bet now|
|Vow And Declare||$21.00||Bet now|
|Mer De Glace||$26.00||Bet now|
|Search For A Song||$26.00||Bet now|
|Southern France||$26.00||Bet now|
|True Self||$26.00||Bet now|
|Call The Wind||$31.00||Bet now|
|Miami Bound||$31.00||Bet now|
|Prince Of Arran||$31.00||Bet now|
|Sir Ron Priestley||$31.00||Bet now|
|Dee Ex Bee||$34.00||Bet now|
|Kew Gardens||$34.00||Bet now|
|Lord Belvedere||$34.00||Bet now|
|Master Of Reality||$34.00||Bet now|
|Sir Dragonet||$34.00||Bet now|
|African Gold||$41.00||Bet now|
|Falcon Eight||$41.00||Bet now|
|Just Benjamin||$41.00||Bet now|
|Russian Camelot||$41.00||Bet now|
|Tagano Diamante||$41.00||Bet now|
|Courageux Guerrier||$51.00||Bet now|
|Cross Counter||$51.00||Bet now|
|Ice Bubble||$51.00||Bet now|
|Lancaster House||$51.00||Bet now|
|Le Don De Vie||$51.00||Bet now|
|Magic Wand||$51.00||Bet now|
|Master Of Wine||$51.00||Bet now|
|South Pacific||$51.00||Bet now|
|Southern Moon||$51.00||Bet now|
|Top Of The Range||$51.00||Bet now|
|Young Rascal||$51.00||Bet now|
|Regal Power||$61.00||Bet now|
|Django Freeman||$67.00||Bet now|
|Raymond Tusk||$67.00||Bet now|
|Bravo Tango||$81.00||Bet now|
Visit Sportsbet for the latest 2020 Melbourne Cup odds - Odds subject to change
The Melbourne Cup is Australia's most famous race and takes place on the second day of the four-day Melbourne Cup Carnival at Flemington racecourse in November.
Melbourne Cup - Nomination dates, final field and barrier draw.
Melbourne Cup Day - Info on Australia's greatest race day.
Melbourne Cup Preview - Race info, winners, results, and preview.
Melbourne Spring Racing Carnival - Feature races guide.
Melbourne Cup History - History of the great race.
For the best odds and Melbourne Cup tips we recommend Sportsbet. You want access to the best prices and racing markets on the biggest race day of the year. There's a good reason why they're considered the number one bookie going around.
To bet online and ensure the best odds on Cup Day, you'll need an account with a reputable bookmaker such as Sportsbet. Opening a new account is a quick and easy process. Here's how you go about it!
How to join Sportsbet to bet online.
Once you're a member you can enjoy a huge range of betting markets and member promotions for horse racing. Remember to always gamble responsibly and only bet what you can afford to lose.
Deposit funds at Sportsbet using the most popular deposit options.
Sportsbet offers a safe and secure website for online betting.
A crowd of 81,408 people attended Flemington Racecourse to witness the Danny O'Brien trained Vow And Declare win the 2019 Melbourne Cup.
Australian-bred Vow And Declare, ridden by leading jockey Craig Williams, defeated the Charlie Fellows trained Prince Of Arran into second place, with Michael Walker aboard the runner-up. In third place was Il Paradiso from the Aidan O'Brien stable and ridden by Wayne Lordan.
It was Craig William's first win in the coveted race, and also for trainer Danny O'Brien. The winner jumped from barrier 21 in the 24-horse field.
The winner Vow And Declare started at $11.00 and paid $11.70 for a win on the Victorian TAB and $3.90 for a place. Prince Of Arran paid $4.60 for second and Il Paradiso $6.80 for third.
The Vow And Declare & Prince Of Arran quinella for 23 & 12 paid $82.40 and the exacta for the same numbers paid $175.00.
If you scored the 2019 Melbourne Cup trifecta dividend of $2,953.40 for picking Vow And Declare, Prince Of Arran and Il Paradiso in order, 23, 12 & 20, then pat yourself on the back.
Give yourself a bigger pat if you snared the First Four dividend of $79,381.40 for the numbers 23, 12, 20 and 3.
The 2019 Melbourne Cup quadrella numbers were 13-2-2-2 for a dividend of $13,756.80.
The following dividends are from the Victorian Tote (S-TAB).
1st: #23 Vow And Declare (21) 52kg
Trainer: Danny O'Brien Jockey: Craig.Williams
Win: $11.70 Place: $3.90 (SP $11.00)
2nd: #12 Prince Of Arran (8) 54kg
Trainer: Charlie Fellowes Jockey: Michael Walker
Place: $4.60 (SP $17.00)
3rd: #20 Il Paradiso (17) 52.5kg
Trainer: Aidan O'Brien Jockey: Wayne Lordan
Place: $6.80 (SP $15.00)
4th #3 Master Of Reality (1) 55.5kg
Trainer: Joseph O'Brien Jockey: Frankie Dettori
Quinella: 23-12 - $82.40
Exacta: 23-12 - $175.00
Trifecta: 23-12-20 - $2,953.40
First Four: 23-12-20-3 $79,381.40
Quaddie: 13-2-2-2 - $13,756.80
Basic bet types for Melbourne Cup Day include the following.
Win & Place
Back a horse to win the race (finish first) or place (finish 1st, 2nd or 3rd).
If less than 8 runners then place only pays on first two horses placed. No place bet is offered for less than 5 runners.
Each Way Bet
A combination of a Win and Place bet. Half stake for a win and half stake for a place.
Flexi betting on exotic bet types allows the opportunity to win big for a small outlay. Some of the more popular Cup Day bet types are outlined below.
Pick two or more horses to finish first and second in any order.
Pick two horses to run first and second in the correct order.
Pick three horses to finish first, second and third in the correct order.
Select four horses to finish first, second, third and fourth in the correct order.
Also known as a Quaddie, this involves selecting the winner of four consecutive races. The Quadrella is usually held over the last four races of a meeting.
Select the winner of six consecutive races at a meeting.
Our online betting guide explains more about Australian horse racing bet types and flexi betting.