Melbourne Cup Betting

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17th June 2008, by

Centrebet will be offering Melbourne Cup betting odds on Australia's most popular and historic horse race. Melbourne Cup betting is an Australian tradition - like two-up on Anzac Day - and one of those rare sporting events where almost everyone seems to have a stake on the outcome!

Centrebet, the truly Australian online bookmaker, always offers Melbourne Cup betting odds. Punters can get a fixed price right up to the start of the race and can place bets from home or work via the internet or phone.

Melbourne Cup betting pools are high, as you would expect from one of the richest races in the world; in 2006 the total prize money was AUD$5 million. It is a Group 1, 3200 metres handicap, which is run at 3.10pm AEST, on the first Tuesday in November.

Cup Day is also the centrepiece of the four race days of Cup Week, with race-goers taking a festive approach to the day. It is the peak of the Spring Racing Carnival - when champagne and canapés, huge hats and race track fashions sometimes overshadow the business of the day - horse racing. For many Melburnians, it is truly the event of the year. It's a day when the nation stops whatever it's doing to listen to the race call, or watch the race on TV and even those who don't usually bet buy a ticket in a sweep.

Melbourne Cup Betting - Bet Types

Centrebet has a multitude of betting options available on the Melbourne Cup that will ensure you’ll get the best possible price. They include Fixed Odds, Best Fluc, Starting Price, SuperVIC Odds, NSW TAB Dividend, VIC TAB Dividend, and QLD TAB Dividend. If you think you’re on a winner try a Quinella, Exacta or Trifectas to maximize your winnings.

There will also be plenty of value with Centrebet´s competitive futures market on the Cup which is usually up approximately two months prior to the first Tuesday in November.

Melbourne Cup Betting - Picking A Winner

Melbourne Cup betting, especially picking the winner, is an imprecise art at best, primarily as it is one of the world's most challenging horse races on the horse racing betting calendar. The race is run over 3200 metres and is a handicapped race. This means, theoretically, that the better the horse is the more weight it has to carry.

The distance and the handicap are the equaliser for Melbourne Cup betting - ensuring that the mug punter has nearly as good a chance of picking the winner as those who follow the form. The Cox Plate is considered the race most likely to provide an insight into a horse's form and likely Melbourne Cup betting performance, but even this is unreliable.

Melbourne Cup Betting - Past Winners

The first Melbourne Cup was run in 1861 at Flemington race course and was won by Archer. It has run every year since. Through wars and depression, and the good times too, it has been one of the stayers of the Australian cultural experience.

Melbourne Cup Betting - Part Of A Bigger Range

With around 4,000 books a week, Centrebet has all your favourite sports covered. You can see our latest horse racing odds, Rugby Union betting odds, as well as football odds for a wide range of codes, including NFL football odds, and AFL Betting. We also offer golf betting, tennis betting, and even MotoGP betting. Books for these sporting codes are now open for Centrebet customers.

You can check our online sports betting calendar for more information on upcoming events.
Anyone can see our books and odds - but in order to bet, you first need to register to bet with Centrebet. Please note that Centrebet membership is open to those aged 18 years and over.

last update : 3rd November 2008 06:45