Get the latest Melbourne Cup betting odds at Flemington Racecourse in Melbourne, Australia.
2m - E/W 1/4 4 Places
Half Yours
Sir Delius
Aeliana
Constitution Hill
Calandagan
The Melbourne Cup is the premier horse racing event in Australia, known as 'The race that stops a nation' due to country-wide interest. It's run at Flemington Racecourse in Melbourne and is a public holiday in Victoria. It's comparable to the Grand National in the United Kingdom, or the Kentucky Derby over in the United States, with millions of spectators watching the race live.
The Melbourne Cup also has a long and storied history, dating back to 1861, when Archer managed to win first place from a total of 17 different runners.
It's run on the first Tuesday of November every year, meaning that the 2026 iteration of the race is scheduled for the 3rd of November at 4:00 am UK time (BST). The race has a distance of 3200 metres, or 1.99 miles, with only three-year-olds and older being eligible to enter.
Here at BetVictor, we have a huge range of Melbourne Cup betting options, alongside a selection of bonus offers that can be used on sports, including horse racing. Browse through our range of Melbourne Cup betting markets and find selections that align with your preferences!
The betting markets available for the Melbourne Cup at similar to those found in other major horse races:
As the name suggests, the outright winner involves picking the horse you think will cross the finish line first. This bet will only be a successful one if your horse finishes first, with 2nd, 3rd, and onwards being marked as a loss.
The Each Way bet is an extension of the outright bet, allowing you to double your stake size in order to cover extra positions. If the horse finishes in the stated position, the each way portion of the bet will be awarded at a fraction of the original odds. This will also apply if the horse wins the race, however, this will be added to the outright part of the bet, which will be awarded at the stated odds. Each-way betting is available for this race, with our sportsbook paying four players at 1/4 of the odds*. Therefore, bettors can place a wager, and a return is possible if their selection finishes fourth.
With a place bet, you can cover multiple places without needing to place an outright wager as well. For example, you can pick a horse to finish in the top 3 places. Keep in mind that all of these places will award at the same odds, meaning that if the chosen horse finishes in 1st place, the potential winnings will be the same as if the horse crosses the line in third.
The Melbourne Cup has changed hands frequently over the past decade or so, with Makybe Diva being the most recent horse to retain their title, with consecutive wins in 2003, 2004, and 2005. Here's a look at all the winners dating back to this historic double defence:
If you're looking for other horse racing odds that cover some of the biggest events across the globe, BetVictor sportsbook is the place to be. We've got you covered with St Leger odds, Arc de Triomphe odds, Ayr Gold Cup odds, and much more from the world of horse racing!
