Betting on the 2023 Melbourne Cup at bookmakers is a heart-stopping proposition. One of the world's greatest horse races, the Melbourne Cup is known not only for the huge purse it dangles in front of its competitors, but also for the way it attracts even the most casual turf fans looking for a thrill on race day. With an $8 million prize pool, a potential $4.4 million payday for the winner, and a distance of 3200 meters (two miles in American parlance), the Melbourne Cup will attract plenty of attention - and betting action - for the Canadian-bred Awesome Again, who is also the sire of the Canadian-bred 2007 A.P. Indy.
Betting on the Melbourne Cup in 2025 is likely to be more popular than ever, as the purse continues to balloon to the point where it's beginning to look like a Howard Hughes vanity project. When the race was first held in 2005, the prize was a meager $5 million. By 2020, when even the U.S. economy was in recovery mode, the prize pool had ballooned to an almost unbelievable $8 million. By 2025, that total will have grown considerably, so it's time for the Cup's legions of fans to get their game faces on.
Punters in Singapore can visit any of our recommended sports book sites to get the 2025 Melbourne Cup odds. Following the carnival events of the Melbourne Cup is a breeze. These include the running of the Victorian Derby, the Kennedy Mile, the running of the Coolmore Classic and the running of the Oaks. Check out our expert Melbourne Cup betting tips and predictions that favor a particular horse to win the race. Then place your bets for the day.
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Melbourne Cup Betting Guide
- What Is the Melbourne Cup?
- The 2025 Melbourne Cup Odds
- Melbourne Cup Betting Tips
- Favourites to win Melbourne Cup
What Is the Melbourne Cup?
First time bettors don't worry, we've got you covered. The Melbourne Cup is essentially a week-long festival of racing that takes place each November at Flemington Racecourse in Melbourne, Australia. Over the course of two days, a total of seven Group 1 races are run, with all 24 runners competing for the first-place prize. The fastest of the fastest gallop around a 3200 meter track watched by thousands of fans who could not imagine being anywhere else. Of course, some of those fans could not imagine being anywhere else because they are patrons and employees of places like the Crown Casino.
You can place live bets on four of the most popular races on Derby Day. These races are the Victorian Derby, the Myer Classic, the Kennedy Mile and the Coolmore Stud Stakes. If you want to bet on the Melbourne Cup while it's happening, we suggest you head over to the online bookmakers in Singapore - especially since they offer odds on the 2025 race.
The 2025 Melbourne Cup Odds
The most eagerly anticipated horse race of the year is the Melbourne Cup, held on the first Tuesday in November at Flemington Racecourse in Melbourne, Australia. In 2025, as the latest edition of this extraordinary and nail-biting event approaches, fans of the Cup and those who have placed bets are eagerly awaiting the latest odds on the race.
- A few horses have emerged as clear early favorites. At the top of most lists of contenders is Incentivise, who has been in remarkable racing form of late. Impressively, she has worked her way up to the number of the strongest stayers not only in this race, but apparently far beyond, in what most consider to be a shambles of a stakes division. Incentivise's odds are now around 5-1, making him the clear favorite on this board of fragile contenders.
- Another horse to watch is Spanish Mission, who has had a successful tour of the United States and Europe this year. Spanish Mission has performed on many types of turf and is currently listed at around 8-1 to win the Melbourne Cup.
- Another strong contender is Sir Dragonet, the 2022 Cox Plate winner, who is now listed at odds of 10-1, while Twilight Payment, the 2020 Melbourne Cup winner, is listed at odds of 12-1.
- However, like any other horse race, the Melbourne Cup can throw up surprises on the day. There have been plenty of long shots over the years. If you're looking for a couple of likely suspects to boost your payout, consider backing 20-1 outsiders Explosive Jack and Toffee Tongue.
It is important to do your research and consider many different factors when betting on the Melbourne Cup. These factors can include the horse's recent form, the horse's jockey, the horse's trainer, and even the track conditions. Taking all of these things into consideration, you may decide to place a different type of bet, such as a win bet, a place bet, or an each-way bet. These bets have different payouts and suggest different levels of risk.
When the race finally arrives, Melbourne Cup betting odds can be affected by a number of different things. These can include anything from recent changes in a horse's form to injuries sustained by a horse or its rider. Track conditions can also play a role. Still, you don't want to change your mind about which horse to back too close to the race. News about a horse's performance leading up to the Cup can also affect the odds.
In summary, the Melbourne Cup is an exciting event that attracts bettors and horse racing fans from around the world. With several top challengers and a litany of betting options, Melbourne Cup Day is an unparalleled precursor to the World Series of the Turf. It is the Bentley of betting. Of the Cup's many attributes, it has this most serious of all: It is the Cup.
Melbourne Cup Betting Tips
Tipsters around the world try to establish a betting pattern that minimizes the risk of backing a horse in the 2025 Melbourne Cup. They do this in secret and in elite environments. Singapore bettors on this horse race should be aware that what these tipsters are offering is not a sure thing and should only be followed if one does not employ the age-old gambling adage of doing what a professional does.
- The position and gates from which a horse is entered have historically had little effect on determining which horse crosses the finish line first. Translation? Where your favorite horse is scheduled to start doesn't have much bearing on which horse has the best (or worst) chance of winning.
- Rough tends to be the Flemington track, and the Cup's most successful entrants have international passports. Seven of the last 15 winners have come from overseas.
- Any horse racing odds are based on the probability that the statistics used by the bookmakers will be correct. A better way to say this is to remember that horse racing odds are set using a fairly simple formula: take the total amount of money bet on a horse, and from the pool of bets, pay out the winning bettors using the money that was not bet on that horse. If you're betting on a horse to finish third, for example, it's likely that a lot of other people are betting on the same third-place horse. And if that's the case, then we're part of a pretty big pool, and we get paid at a rate that uses our pool as a ratio divisor.
- If you take a quick look at the history of the Melbourne Cup, you will see that the bookmakers have picked less than 25% of the Cup winners as their favorites. That means things have been pretty much the same for a lot longer than the last few years. At least three times in recent memory - 2015 (Prince of Penzance), 2016 (Almandin) and 2017 (Rekindling) - the Cup winner was not even close to being a favorite. And it was no different in 2018, when Cross Counter was not considered a favorite but still won the Melbourne Cup.
Who Will Win Melbourne Cup 2025?
Caulfield Cup winner Cross Counter looks like a good bet for the Melbourne Cup, but history is against him. Of the four horses to win the Cup more than once, none have done so in the last 50 years, and it's been over 30 years since a horse has managed to win so many times in what is now called the "big race" at Caulfield. Mer De Glace is the new kid on the block - the name has been out there recently and people have mostly liked the prospects. If you're a betting man, he's got about 30% of your money on him; he's the second choice behind Cross Counter in the betting markets.
| Horse | Jockey | Trainer |
| 1. Cross Counter (5) | William Buick (57.5kg) | Charlie Appleby |
| 2. Mer De Glace (5) | Damian Lane (56.0kg) | Hisashi Shimizu |
| 3. Master Of Reality (5) | Frankie Dettori (55.5kg) | Joseph O’Brien |
| 4. Mirage Dancer (6) | Ben Melham (55.5kg) | Trent Busuttin & Natalie Young |
| 5. Southern France (5) | Mark Zahra (55.5kg) | Ciaron Maher & David Eustace |
| 6. Hunting Horn (5) | Seamie Heffernan (55.0kg) | Aidan O’Brien |
| 7. Latrobe (5) | James McDonald (55.0kg) | Joseph O’Brien |
| 8. Mustajeer (7) | Damien Oliver (55.0kg) | Kris Lees |
| 9. Rostropovich (5) | Dwayne Dunn (55.0kg) | David & B Hayes & T Dabernig |
| 10. Twilight Payment (7) | Hugh Bowman (55.0kg) | Joseph O’Brien |
| 11. Finche (6) | Kerrin McEvoy (54.0kg) | Chris Waller |
| 12. Prince Of Arran (7) | Michael Walker (54.0kg) | Charlie Fellowes |
| 13. Raymond Tusk (5) | Jamie Spencer (54.0kg) | Richard Hannon |
| 14. Downdraft (5) | John Allen (53.5kg) | Joseph O’Brien |
| 15. Magic Wand (5) | Ryan Moore (53.5kg) | Aidan O’Brien |
| 16. Neufbosc (5) | Luke Nolen (53.5kg) | David & B Hayes & T Dabernig |
| 17. Sound (7) | James Winks (53.5kg) | Michael Moroney |
| 18. Surprise Baby (5) | Jordan Childs (53.5kg) | Paul Preusker |
| 19. Constantinople (4) | Joao Moreira (52.5kg) | David & B Hayes & T Dabernig |
| 20. Il Paradiso (4) | Wayne Lordan (52.5kg) | Aidan O’Brien |
| 21. Steel Prince (6) | Brett Prebble (52.5kg) | Anthony Freedman |
| 22. The Chosen One (4) | Tim Clark (52.0kg) | Murray Baker & Andrew Forsman |
| 23. Vow And Declare (4) | Craig Williams (52.0kg) | Danny O’Brien |
| 24. Youngstar (5) | Tommy Berry (52.0kg) | Chris Waller |