The Melbourne Cup is largely seen as Australia's most prestigious horse race and attracts a worldwide interest as some of the best horses in the world compete for the $6m prize.
Tipster Tony Brassel said the barrier draw for his Melbourne Cup tip, Muntahaa, was perfect left him even more convinced about the star’s chances of victory. Results from the Melbourne Cup Horse Race for all years. How To Back the Winner of the Melbourne Cup: We reveal to you the secrets we have learned over the past 30 years of picking and backing horses and give you our secrets to picking Melbourne Cup.
The easiest way to have a punt on Cup day is picking the horse which you think will be first to the post. Almost won the Melbourne Cup with Heartbreak. Horse racing terminology can be confusing but this guide to Melbourne Cup jargon is the ideal solution.
This year will see the famous race run on Tuesday 3rd November, 2021. The race is always ran at Flemington Racecourse on the first Tuesday in November.
The handicap race is run at Group l level and boasts a total prize pool of $8,000,000.
Melbourne Cup Betting
Every year there is a staggering amount of money wagered on the event. Even non-racing followers take interest in the race and will take part in placing a bet or entering a Melbourne Cup sweep.
The Melbourne Cup is without a doubt the most popular betting event in the country each year and it has proven to be one of the hardest races to predict too. In the last 30 years there have been just 6 favourites win the race while 14 horses have won at double figure odds.
It's also not uncommon to see a horse win at incredibly long odds as we saw in 2015 when Prince of Penzance won at a staggering price of $101. The win in 2015 also proved to be a historic event with Michelle Payne becoming the first female jockey to win the Melbourne Cup.
The race can be incredibly tough to predict largely due to the large field which includes a sizable amount of international horses that have form lines from all over the world.
There are a total of 10 races hosted at Flemington on Melbourne Cup day with the Cup itself being the longest and most valuable race on offer.
Historically the race has attracted a large international interest with runners coming from all over the world to try their chances in the $6m race.
Melbourne Cup Field
The 2021 Melbourne Cup Field will be released on Saturday November 3, 2021.
Every year hundreds of horses nominate for the prestigious event. The field is made up by horses than have won Group races over the distance of 2400 metres or further.
Melbourne Cup Stats
There are a countless amount of statistics that can factor into picking a Melbourne Cup winner. Punters have gone over them with a fine toothed comb and still come up scratching their head after a race.
Horse age, barrier, weight and gender all come into play.
56% of winners have been in the 4 or 5-year-old age range.
Barrier 5 has historically proven to be the most popular having had 8 winners.
It's also important to note that no horse other than champion Makybe Diva in the previous 35 years has been able to win carrying 58kg or greater.
Melbourne Cup Winners
There have been a host of notable horses who have won the Melbourne Cup. Phar Lap, who is arguably Australia's most well known race horse, won the race in 1930.
More recently Makybe Diva went into the record books after winning the race on three occasions.
Learn more about the Melbourne Cup HERE.
Melbourne Cup Replay
2011 Melbourne Cup. Flemington. Crowd. (L to R) Lacey-Rae Garner, Niccola Heitbaum, Gabriella Tudorin, Lauran Hardiman, Julinda Luzaj, Vartika Arora and Ellen Smallhorn.Source:News Limited
Melbourne Cup betting guide:
Betting for first timers can be quite daunting, so we have compiled everything you need to know about reading the formguide and putting a bet on.
WIN
The simplest bet type is also the most popular.
If you predict which horse will win the race you can take the complication out of the equation
and simply back that horse. If it crosses the line first, you are a winner.
In the Melbourne Cup there are 24 runners and you can bet on more than one horse.
PLACE
If you like a runner at big odds, or want to bet more conservatively, then the place bet is for you. Simply select and wager on a horse to finish in the top three.
A win, run second or third lands you in the money. Unlike the win bet, this gives you three times as many chances of collecting, but the return is not as generous.
EACH WAY
Having an each-way bet is splitting equally between a win and place bet.
If you have a $10 each-way bet it will cost you $20 as $10 is put on the win and $10 is on the place.
If you bet on a horse paying $5 the win and $2 the place and it wins you collect $70 as you win on both your win bet and your place bet. If the horse runs second or third you collect $20 as the place portion of the bet is paid.
TRIFECTA
The trifecta requires you to select the runners that will finish first, second and third in a race in the correct finishing order. If you “box” your selections, they can finish first, second and third in any order.
Flexi betting is available so punters can choose the amount they want to bet and get a percentage of the dividend.
FIRST 4
A winning First 4 bet requires you to select the first, second, third and fourth placegetters in the correct finishing order. You can also choose a Box First 4 where the four horses you select can finish in any order.
QUADDIE
To win a Quaddie, you must select the four winners from four consecutive and nominated races. You can select any number of horses in each leg and the cost is calculated by the number of horses selected in each race.
Check the Herald Sun form guide to see the Quaddie legs.
BIG 6
Pick the winners in six nominated races on the card, usually the last six.
The quaddie and the big 6 can be pretty tough to crack but the payouts are usually worth it, especially if you get a couple of roughies up. An important thing to keep in mind is, you can put multiple selections in each race. However, the more selections the more expensive the bet will be. If you’re betting with the TAB, you can also place a “flexi” bet, which enables you to increase your selections on an exotic bet without increasing your outlay. You then receive that percentage of the winnings.
HOW TO READ THE FORMGUIDE
It’s simpler than it looks, don’t worry! The Herald Sun liftout provides all the information you need and then some to have a cheeky flutter on race day.
Beginners need look no further than recent form, weight and price.
It’s usually a good indication on how a horse should perform if all goes to plan. Intermediate punters might also try and incorporate barrier, jockey and trainer into their calculations.
The detailed form inside the guide is handy also if you know what to look for amid all text and numbers. Beginners need not get bogged down in ‘Last 600m’ times and the like, but look at margins and the small summary at the bottom of each extract. The summary can provide an insight into how a horse travelled in recent races including any interference which may have impacted on the result.
WATCH THE MELBOURNE CUP LIVE
Can’t make it to Flemington or a TV? You can watch the race that stop the nation live on the TAB app.
CHECK & COLLECT ON THE TAB APP
Got a Melbourne Cup ticket? Scan and deposit any winnings on to the TAB app with Check & Collect. See TAB.com.au for details
HERE’S THE LATEST FROM TAB.
$20,000 the win / $5000 the place @ $13/$4 on Russian Camelot [collect $280,000] Final Field
$4000 @ $51 on Ashrun to win [collect $204,000] All In
$1000 the win / $2000 the place @ $101/$26 on Mustajeer [collect $153,000] All In ** two separate bets **
$2000 each-way @ $51/$13.50 on Miami Bound [collect $129,000] All In
$1200 @ $101 on Mustajeer to win [collect $121,200] Final Field
$1000 the win / $2500 the place @ $67/$17.50 on Mustajeer [collect $110,750] All In
$2000 the win / $500 the place @ $51/$13.50 on King Of Leogrance [collect $108,750] All In
$3000 @ $34 on Miami Bound to win [collect $102,000] All In
$2000 @ $51 on Steel Prince to win [collect $102,000] All In
$2000 @ $51 on King Of Leogrance to win [collect $102,000] All In
$1000 @ $101 on Etah James to win [collect $101,000] Final Field
$400 each-way @ $201/$51 on Etah James [collect $100,800] All In
Best backed for the win since ‘Final Field’ (single bets only)
1. Anthony Van Dyck ($8.50) 11%
2. Tiger Moth ($8) 11%
3, Surprise Baby ($9) 10%
4. Verry Elleegant ($11) 9%
5. Russian Camelot ($13) 8%
Best backed for the place since ‘Final Field’ (single bets only)
1. Surprise Baby ($3) 9%
2. Prince Of Arran ($3.25) 9%
3. Verry Elleegant ($3.50) 9%
4. Sir Dragonet ($3.25) 6%
5. Finche ($5) 6%
TAB ODDS
Melbourne Cup (Flemington Race 7 tomorrow)
$8 Tiger Moth
$8.50 Anthony Van Dyck
$9 Surprise Baby
$10 Sir Dragonet
Which Horse Won The First Melbourne Cup
Prince Of Arran
$11 Verry Elleegant
$13 Russian Camelot
Which Horse Won The First And Second Melbourne Cup Races
$17 Finche
$19 Master Of Reality
$23 Ashrun
$26 Twilight Payment
$31 The Chosen One
Persan
$34 Steel Prince
$41 Miami Bound
$51 Avilius
Vow And Declare
Stratum Albion
King Of Leogrance
Warning
$71 Dashing Willoughby
Oceanex
$81 Mustajeer
Etah James
Which Horse Won The First Melbourne Cup In 1861
Originally published asHow to bet on the Melbourne Cup
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