Betting on the 2023 Melbourne Cup at bookmakers is a thrilling prospect. Not only is it Australia's premier horse race*, but it is also an event that draws even the most casual fan into the excitement of race day. Whether in person at Flemington or at one of the many fan viewing parties around the country, punters who have placed a bet on the race are sure to make their presence felt across Australia. The race itself will be as electrifying as ever considering the huge amounts of money at stake: $8 million in prize money and a whopping $4.4 million for the winner!
Betting on the Melbourne Cup in 2025 is likely to be more popular than ever. Everyone seems to love a good bet, and part of that love is understandably based on the potential to win large sums of money. With that in mind, the potential payouts from betting on the Melbourne Cup in 2025 seem to be an even more attractive proposition than they were in 2020.
Canadian punters can check out one of the top sports betting sites we recommend to bet on the 2025 Melbourne Cup odds. There are few events in the world of sports betting that come with as much pomp and circumstance as the Melbourne Cup. However, we wouldn't go so far as to call the carnival the sporting world's version of the Winter Olympics. The Melbourne Cup is prestigious enough, but following the Cup itself - and the carnival that accompanies it - demands a great deal of the horse racing enthusiast in terms of both time and international travel.
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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?
For most people, there's no need to stress; we've got your back. The Melbourne Cup is a week-long celebration of racing that takes place at Flemington Racecourse from Saturday to Saturday. The event features not one but seven Group 1 races, with all 24 runners vying for the kind of big payoff that can make or break a horse's career. The main pit, with the Cup in it, sits at the end of a 3200-metre track in the far north-west corner of Melbourne, where thousands of fans roar for the horses - it seems a good bet that a huge crowd will rain down some sort of applause as these steeds thunder past. As they always do. These horses know how to put on a show, regardless of the outcome.
On Derby Day everyone can place live bets on four of the most popular events, the Victorian Derby, the Myer Classic, the Kennedy Mile and the Coolmore Stud Stakes. The best betting sites in Canada offer 2025 Melbourne Cup odds where you can win real money online. Our in-depth guide provides betting tips that can help players avoid losing money when betting on horses. The start of a race always brings a roar from the crowd.
The 2025 Melbourne Cup Odds
Every year on the first Tuesday in November, the city of Melbourne, Australia, plays host to one of the world's premier equestrian events: the Melbourne Cup. Despite its distinctly Australian flavor, the event has achieved a level of prominence that puts it on a par with the Kentucky Derby and the Preakness Stakes. The 2025 edition is destined to reach the same pinnacle of anticipation.
- A number of horses have emerged as early favourites for this year's Melbourne Cup. They include the following:
- - Incentivise, the top stayer who has shown sheer dominance in recent distance races. This horse's odds are around 5-1 and dropping, making Incentivise the clear favorite to win this year's Melbourne Cup.
- Another horse to watch is Spanish Mission. He has run very well in both America and Europe and has shown that he can handle many different types of turf. He is an 8-1 morning-line horse, so he is fairly well thought of in this race.
- Another strong contender is Sir Dragonet, the 2022 Cox Plate winner, who is now around 10-1. Twilight Payment, the 2020 Melbourne Cup winner, is now around 12-1.
In order to successfully bet on the Melbourne Cup, it is essential to do extensive research and take into account a number of elements. These include the recent performance of the horse, the ability of the jockey and trainer, and the track conditions. There are several types of bets that can be placed. Some people bet to win, some people bet to place, and some people bet each way, which I've never understood.
The Melbourne Cup is fast approaching and some of the contenders are already laying the groundwork for what promises to be a very competitive race. Even now, the odds for the race are starting to take shape; however, some of the very nice odds you see on various sites for particular horses are likely to change as we get closer to the race, often because a particular horse is either running well or not running well (i.e., laying down a form or, uh, not laying down a form). The best way to avoid betting on a horse whose odds are about to get worse is to keep up with the latest News & Odds.
In short, the Melbourne Cup is a breathtaking spectacle that draws horse racing enthusiasts and gamblers from around the world. With numerous cup contenders and a wealth of betting opportunities, the build-up to this unbridled Berkeley of a race encompasses everything we love most about the stories, characters and excitement that make horse racing - and the betting that goes with it - such a great experience.
Melbourne Cup Betting Tips
People around the world are seriously trying to predict the likely outcome of the 2025 Melbourne Cup, and they are doing so with a kind of filtering that makes it almost certain that some of the outcome will be seen in the betting. These are our professional, money-making readers of the Cup. They inform us and you.
- A horse's post position prior to the start of a race traditionally tells you very little about the horse's chances of winning. So don't let the post position of your favorite horse fool you.
- The Internationals hold the record for the most wins in the last 15 Cups at Flemington. Seven of their horses have crossed the wire first.
- Remember that horse racing odds are based on the probability that the statistics used by the bookmakers are correct. You can always go against the favorite and increase your payout by picking the more obscure horse.
- If you take a quick look at the history of the Melbourne Cup, you will see that less than 25% of the bookmakers' favorites have won the event. In fact, in the last four editions of the Cup, none of the winners was even a pre-run favorite: Prince of Penzance (2015), Almandin (2016), Rekindling (2017) and Cross Counter (2018) were all long shots who miraculously came up big. But hey, they all paid fat dividends. If only people would bet more on them!
Who Will Win Melbourne Cup 2025?
Caulfield Cup winner Cross Counter is a sure bet with the bookmakers, but historical precedent is not on his side. In the long history of the event, only four horses have won back-to-back Cups. Mer De Glace has been on a tear lately and has come out of nowhere to become a close second favorite. He also won the Japanese Raider to make himself one of the favorites to win. If anyone can win it, it is Mer De Glace, who has shown solid momentum coming into the Melbourne Cup challenge after winning six races in a row. Below is the full list of horses, jockeys and trainers who will be competing in the equestrian competition.
| 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 CAhra (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 |