Betting on the 2024 Melbourne Cup at bookmakers is a tantalizing prospect. The country's premier horse race is not only famous for its huge prize pool, but also regularly attracts non-fans who simply want to enjoy a bit of afternoon entertainment at the track. With the 2024 Melbourne Cup set to award $8 million to the overall winner and a staggering $4.4 million to the horse that crosses the finish line first, there's no question that the Cup will be a can't-miss event for punters looking to bet on something that could potentially yield a four or five figure return. What follows is a preview of the 2024 Melbourne Cup.
Wagering on the Melbourne Cup in 2025 is likely to be more widespread than ever, along with an increase in the race's prize money that seems to know no bounds. In 2005, the inaugural year of the event, the Melbourne Cup had a relatively paltry guaranteed prize pool of just $5 million. By the time we reached the year 2020, that number had skyrocketed to a ridiculous $8 million! By 2025, it's likely to be well over that figure, but even if it isn't, it's safe to say that the Cup's purse will only continue to grow.
GH punters can visit one of our recommended sports book sites to bet on the 2025 Melbourne Cup odds. Bet on the 2025 Melbourne Cup at one of our recommended sports book sites. Bet with confidence with our expert tips and predictions. Follow the Melbourne Cup carnival, including the Victorian Derby and Kennedy Mile, by betting on the excellent odds at our recommended bookmakers. Back the 2025 Melbourne Cup today.
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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?
If you are a beginner in horse racing betting, don't worry. We have all divers available to offer help. The actual event, however, is this: The Melbourne Cup is held at Flemington Racecourse, located in Flemington, Melbourne, Victoria, Australia. It lasts about a week, with the race itself taking place on the first Tuesday in November. Although it has a relatively small field of 24 horses, the race is often touted as "theFORM CALLBACK: The Use of Horse Racing in SmartG Estonia BY MARGARET SOMMER
On Derby Day, you can live bet on four of the most sought-after events, the Victorian Derby, the Myer Classic, the Kennedy Mile and the Coolmore Stud Stakes. Ghana's top bookmakers are offering odds on the 2025 Melbourne Cup. You can place these bets online and in person at the track if you're lucky enough to be in the Melbourne area during Cup week. Tips on how to avoid losing on these bets can be found in our guide.
The 2025 Melbourne Cup Odds
The world's most anticipated horse racing event is the Melbourne Cup. It is held every year on the first Tuesday in November at Flemington Racecourse in Melbourne, Australia. The 2025 edition of this event is fast approaching and fans and bettors are eager to get in on the action. They want to know the latest odds on the Melbourne Cup.
- Several horses have emerged as early favorites, of which Incentivise is arguably the strongest contender. The horse is in impressive form and has proven time and again that he can dominate races at this distance. At odds of 5-1, Winn has a very good chance of winning the 2021 Melbourne Cup.
- Another horse to watch is Spanish Mission, who has had a successful run in the USA and Europe, showing not only an ability to handle different types of turf but also a knack for performing in a variety of conditions. At odds of around 8-1, he is expected to be right in the thick of the action in the Melbourne Cup.
- The 2022 Cox Plate winner, Sir Dragonet, is a strong contender. He is currently listed at around 10-1. Twilight Payment, the 2020 Melbourne Cup winner, is also a contender. He is listed at around 12-1.
- However, any day can produce upsets in the sport of kings and the Melbourne Cup has seen its fair share of longshot winners over the years. For those looking for a bigger return on their investment, a flutter on 20-1 shots Explosive Jack and Toffee Tongue might not be a bad idea.
To make an informed Melbourne Cup betting decision, you should study the horses' recent performances as well as those of their riders and trainers. The track conditions and the weather on the day of the race could also have an effect on a horse's performance. The types of bets that can be placed range from the simple win bet to the more complex each-way bet that can pay off in a number of different scenarios.
As we get closer to the event, the odds on the Melbourne Cup can change due to a number of factors including form, injuries and even the condition of the track on race day. So if you're determined not to lose your shirt betting, keep up to date with the latest news and odds.
In summary, the Melbourne Cup is an event that excites and thrills those who follow or bet on horse racing - a global audience, for sure. The event seems to attract several top contenders and offers a number of betting opportunities that create a palpable sense of anticipation and excitement.

Melbourne Cup Betting Tips
Tipsters around the world spend time in private, exclusive betting circles figuring out the odds for the 2025 Melbourne Cup. They do this to come up with a betting pattern that makes it safer for you to bet on which horse will win the race. If you're going to bet on the Melbourne Cup, we recommend that you follow the advice of our professional tipsters. They don't always get it right, but they do get it right a lot of the time. They certainly get it right enough that you should pay attention. Think of their picks as a kind of GPS that can point you in the right direction.
- The position of a horse before the start of a race and the barrier it faces usually have little to do with the outcome. So don't make too much of your favorite horse's barrier or its position.
- The Flemington track often proves to be a tough one, and the overseas horses now make up the group with the most wins in the Race That Stops a Nation, claiming their seventh title in the last 15 years.
- Keep in mind that all horse racing odds are based on the assumption that the statistics used by the bookmakers will prove to be correct. You can always go against the odds and increase your payout by picking the underdog.
- A quick look at the history of the Melbourne Cup shows that less than 25% of the horses that the bookmakers consider most likely to win have actually won the race. Bookmakers seem to have a particularly hard time picking a surefire winner in recent years; from 2015 to 2018, their picks of Prince of Penzance, Almandin, Rekindling, and Cross Counter as Cup underdogs all turned out to be correct.
Who Will Win Melbourne Cup 2025?
Cross Counter, a Caulfield Cup winner and the bookmakers' favorite, faces a steep uphill challenge. Four count 'em, four horses have won the event twice in its storied history. Rising star Mer De Glace, who has been the talk of the turf lately, has shed his also-ran persona and struts into the event as a likely candidate to upset everyone who thinks he should win. He's the kind of horse that not only runs well, but looks great doing it, and he's got the kind of momentum right now (six wins in a row) that puts him in the conversation as a favorite. Here is the list of all runners, riders and trainers competing in the event.
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 |