Online Melbourne Cup Betting 2023
Once a year, in November, betting buffs, equine enthusiasts and other revellers converge on Flemington Racecourse in Melbourne, Australia for “the race that stops a nation”.
The four-race Melbourne Cup is one of the greatest racing series on earth and Australia’s best loved horse racing events, often accumulating the largest betting pool of any sporting event in the country. This is owing to fact that this AU$ 6 million quality handicap draws the world’s top thoroughbreds.
If you are not one of the thousands of spectators who are lucky enough to be able to attend this historic event in person, fear not! Thanks to Melbourne Cup betting online and via mobile, anyone anywhere can place their Melbourne Cup bets at any time.
Presented here are the finest Australian online bookmakers offering Melbourne Cup betting with the best Melbourne Cup betting odds, a wide range of betting options, security, simplicity and convenience.
Best Melbourne Cup Odds
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Ladbrokes |  | 5/5 | 100% Match up to $250 | Bet now Review |
| 2 |  | Palmerbet | | 4.9/5 | 100% Match Bonus | Bet now |
| 3 |  | Picklebet | | 4.8/5 | Login to see promotions | Bet now |
Mobile Melbourne Cup Bets 2023
Since its inaugural running in 1861, the Melbourne Cup has become a landmark on the annual horse racing calendar and a much-anticipated national Australian holiday, with live screenings at race courses the country over.
In fact, 80% of Australians engage in Melbourne Cup betting at some level. The Melbourne Cup is the most punted event in New Zealand.
The Melbourne Cup is a quality handicap. However, although top-running horses are penalised with lesser weight penalties, the 24 competing horses are relatively equal with their ballasts at the beginning of the race.
This makes Melbourne Cup bets very exciting indeed because the playing field is considerably more level than with other types of horse races and, as a result, race outcomes tend to be very close.
Consequently, Melbourne Cup betting odds fluctuate considerably from one bookie to the next, with different favourites selected by different betting shops. Because of this, the Melbourne Cup betting odds for each horse can vary quite substantially. The same applies to the Melbourne Cup betting totes offered by the various TABs, depending on who wagers with which TAB.
Melbourne Cup Betting Bonus
As a result of the significant variation of Melbourne Cup betting odds between bookmakers, Melbourne Cup betting online makes a lot of sense because it allows punters to shop around for the odds and favourites that best suit them.
A further advantage of online Melbourne Cup betting is that top wagering websites promise to match the best Melbourne Cup betting odds for a specific horse in the race. Between fixed and TAB odds, these sites will present those that offer the largest payout. This makes Melbourne Cup betting ideal for beginner bettors and practised punters alike.
Although Melbourne Cup betting offers all the standard wagers, exotic bets are a particular favourite. These types of Melbourne Cup bets allow punters to pick winners or placers for multiple races, which promises greater thrills and larger payouts.
A unique and especially popular Melbourne Cup betting exotic wager involves making simultaneous predictions for winners and placers in this race as well as Melbourne Cup qualifier and the preceding race of the season, the Caulfield Cup. The rare occurrence of a Cups Double winner yields huge winnings for punters with the savvy to back the same horse to win both.
Melbourne Cup Betting Odds
Melbourne Cup betting at the premier online bookmakers presented here is safe, convenient, simple and, most importantly, exciting!
Simply select one site (or several, to compare Melbourne Cup betting odds and other features), register for an account and put your money on the Melbourne Cup winners.