Mebourne Cup Betting

The Melbourne Cup

Australians love sport!
No matter how hectic and fast-paced life is in this cosmopolitan city, Melbourne locals still find time to enjoy a variety of different sporting activities. Despite the fact that Sydney was the host of the Centennial Olympics in 2000, Melbourne has been dubbed as the Sporting Capital of Australia. This is partly due to the moderate weather and high-class sporting facilities one can find in the city.

Each year, Melbourne Cup betting enthusiasts begin putting in their bets on their favourites early. Indeed, many begin calculating Melbourne Cup odds days, even weeks, before the event.

Those who are extremely lucky in placing their Melbourne Cup bet can walk home hundreds or even thousands of dollars richer. This is not merely due to sheer luck. In fact, serious Melbourne Cup betting enthusiasts calculate the odds very carefully to make sure that they put their bets on the right horse. Many of them will even purchase a horse racing calculator program in order to be able to help them in their Melbourne Cup odds forecasting.

Some do it the old fashioned way. This simply means that an individual planning to place a bet on a participating horse would do some research and manually compute the odds before placing their Melbourne Cup bets. Although this method has been tried and tested for many years, it takes quite a while for one to be able to compute the Melbourne Cup odds accurately.

Another popular option for Melbourne Cup betting beginners is the use of betting exchanges, such as Betfair. Betting exchanges allow beginners to place their bets on horses, ensuring that they will win no matter what the outcome is. A percentage of the winnings derived from a Melbourne Cup bet placed would be remitted to the betting exchange service provider as payment for the services.

Betfair is the best place to get involved in the Melbourne Cup because we have a comprehensive range of superb odds.

We make it easy to place a Melbourne Cup bet, so get involved in the action with Betfair. Because of the unique way we operate, we are able to offer odds,on average, 20% higher than bookmakers.

We cover a great range of events, from Australian races like the Caulfield Guineas, the Cox Plate and the Golden Slipper to English favourites like the Grand National and Cheltenham.

Check out our weekly preview and racing calendar to make sure you have the best information at your fingertips, and don’t forget to keep an eye on our horse racing results to find out how your selections have fared.

Betfair is the world’s largest betting exchange. Because of the unique way we operate, we are able to offer odds, on average, 20% higher than bookmakers, in-play betting and the option to bet on something not to happen, all options we feel make us the best bet.