Melbourne Cup Betting Odds, Tips & Betting Sites for 2026 Race

By Mark Fordham

Nov 2nd, 2026 4:06 PM EST

Used 30 Times Today

Bet $10 Get $200 in Bonus Bets Win or Lose

Bet365 Sports Bonus Code

No Code Required

Visit Site

Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.

We're into the home straight and we're closing in on the Melbourne Cup. The race that stops a nation goes to post at Flemington on Tuesday, November 3rd. It’s no surprise to see so many horse racing betting sites and indeed bettors focus so much of their attention on this race. 

Here at Bookies.com, we’ve found the best Melbourne Cup betting sites for Aussies. Whether you’re looking for the best prices, extra markets or each way places, we’ve got everything you need right here. If you’re new to Australian betting sites, we also outline how to bet on the Melbourne Cup and indeed all other major Australian horse races.

Melbourne Cup Betting Sites and Apps

bet365 Melbourne Cup Betting

Bet365 is known as one of the world’s best sports betting companies, and that’s for good reason. The range of sports on offer rivals any other site around, while the prices are as good if not better than you’ll find at other betting apps. For races as big as the Melbourne Cup, we can expect extra places to be available at good prices.

In the lead up, you can also place an Early Quaddie on the action, with trebles and doubles also available. Another aspect that bet365 has over some other sites is the Same Race Multi +, which is the same as a same-game multi you might find in other sports. Here, you can select a number of different horses in the race to win, finish in the top two all the way to top six, have race head-to-heads or even include winning distances as part of the multi.

Used 21 Times Today

Bet $10 Get $200 in Bonus Bets Win or Lose

Bet365 Sports Bonus Code

No Code Required

Visit Site

Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.

Betfair Melbourne Cup Betting Site

Betfair has one major thing that you won’t find on any other Melbourne Cup betting site - an exchange. Betting on the exchange, you’re not necessarily betting with a bookmaker. Individuals can offer odds if they don’t fancy a particular selection. This can lead to some massive prices, especially on outsiders. 

Ahead of the race, you’ll find the standard win and three places markets. As the race draws closer, expect to find markets such as match bets for runners in the race, additional place markets and more. If you’re struggling to find a horse you like the look of, you can lay it, which is essentially betting on it not to win (or place, if that’s the market you choose). Betfair really does offer something completely different for Melbourne Cup betting.

Used 29 Times Today

Bet $10 Get $200 in Bonus Bets Win or Lose

Bet365 Sports Bonus Code

No Code Required

Visit Site

Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.

How to Bet on the Melbourne Cup

Betting on the Melbourne Cup on Tuesday couldn’t be easier. Lots of betting sites in Australia have odds on the race, offering prices in a massive variety of markets to give you all the choice you could possibly need.

We only recommend Australian betting sites that pass our strict review process so you can be sure that if you go through one of the links on this page, you’ll have a great betting experience for the Melbourne Cup.

Follow the steps below to learn how to bet on the Melbourne Cup as some of the most recognisable horses in the world take to the track on Tuesday:

• Click on one of the links to your chosen betting site here on Bookies.com
• Register for a new account
• Add a preferred payment method and make your first deposit.
• Navigate to the Melbourne Cup in the racing section of the site - you'll find it under Flemington.
• Pick the market you want to bet on and enter your stake in the bet slip.
• Confirm your bet and watch the race!

Melbourne Cup Betting Tips 2026

There's a huge amount going in Hopewell Rock's favour. The British raider landed a major handicap over 2,800m at Goodwood before losing by a head over the same trip in the Ebor, with his jockey dropping his whip up the straight. He gave Small Fry nine pounds and beat him by 3/4 of a length at Goodwood.

In the Geelong Cup, leading Australian hope Point Of Law gave that same horse one pound and a half-length beating. Hopewell Rock carrying just three pounds more than Point Of Law suggests he's very nicely treated. Odds of 8.00 with Betfair look pretty generous.

At bigger odds, Mr Monaco could be the pick from Ciaron Maher's seven runners. He's available at 23.00 with bet365 and arrives in form, having won the Bart Cummings here last month before finishing a close thrd in the Moonee Valley Gold Cup 10 days ago.

Used 30 Times Today

Bet $10 Get $200 in Bonus Bets Win or Lose

Bet365 Sports Bonus Code

No Code Required

Visit Site

Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.

About the Author

Mark Fordham

More About Mark

Mark spent over a decade as a sports reporter and editor with Goal.com and Bleacher Report. He is now a Content Manager at Bookies.com covering all manner of sports from the Premier League and cricket to the NBA and NFL. Mark also has years of experience working in the online casino industry and knows how to rate a good one over a bad one.

Comments

Sign In | Sign Up

Post

View more