Home · Free Bet Blog

2017 Melbourne Cup Betting and Odds Guide

Vivian Knight on Sunday 8th Oct 2017

2017 Melbourne Cup Betting and Odds Guide

It's almost that time of year again...there are officially less than 30 days until Tuesday 7th November 2017 and the running of the 156th Melbourne Cup at Flemington so it's time to start planning!

About the Melbourne Cup


Fondly kown as the 'race that stops a nation' the Melbourne Cup is the richest handicap race in the world run over 3200 metres.

This year prize money for the race is in excess of a staggering $6,200,000. Going with tradition the 2017 Melbourne Cup will run at 3pm as Race 7 at Flemington on the first Tuesday in November.

The race is a quality handicap race open to horses of three years of age and over. The minimum handicap weight is 50 kg and the top allocated weight must not be less than 57 kg.

While hundreds of horses are nominated to run each year including a host of international raiders the final field and barrier draw is decided on Derby Day at Flemington on Saturday 4th November and is limited to 24 starters.

Melbourne Cup Latest Odds

Ante-post, often referred to as futures markets are available on the race well in advance of November's race which means you can enjoy excellent value on the Melbourne Cup.

Just be aware that if you've made a Futures Bet and your selection does not start your bet won't be void, it will lose. Unless of course you have taken advantage of a special promotion with relaxed rules and possibly your money back!

Once the key lead-up races like the Caulfield Cup and Cox Plate have taken place you'll find the odds of the contenders start to firm. The real flurry of money starts arriving just three days prior to the race, the Melbourne Cup is the country's single biggest betting event.

Load the full Melbourne Cup Futures market

Melbourne Cup Promotions and Bet Boosts

You'll find a huge choice of Melbourne Cup betting markets and promotions as the November race approaches, helping you to profit on the world's most famous race.

Whether your're a horse racing enthusiast or having a once-a-year flutter on the Cup many of the Online Bookmakers are offering sign-up bonuses to new customers.

They are all different, some like Ladbrokes do not require new customers to make a bet to claim their sign up bonus all they ask is that you register a new account and make a deposit.

Once you have made that deposit and subject to terms and conditions they will match your first deposit in bonus bets up $250. If you only want to make a small bet just deposit $10 and you'll receive $10 for a free bet on the 2017 Melbourne Cup. Check out our bookmaker reviews to find the bookie that suits you.


To get the best possible price on your runner look out for Bet Boosts. CrownBet allows you to use CrownBet Rewards Points to boost the price on all Australian Thoroughbred Fixed-Odds Win bets. The CrownBet Rewards Points required for a Bet Boost will depend on your stake and the amount that you boost the odds.

If you’re keen to find out more about this years special offers for the Melbourne Cup, we promise we won't bombard you and fill your inbox with unnecessary details, just keep visiting our dedicated promotions page where you'll find the best ones to claim.

Visit our Promotions Page for Melbourne Cup specials

Popular Melbourne Cup Bet Types

  • Win – You are putting your money on the runner that you think will win.
  • Place – Here you are betting on a horse that you think will finish in the top three positions.
  • Each-Way – Another popular bet. Here you are betting on the horse to win or place.
  • Quinella – Here you are betting on the horses you think will finish first and second in either order.
  • Exacta – Same as a Quinella but to win your horse have to finish in the same order you specify.
  • First Four – Same as an Exacta and Trifecta but for the first four runners in finishing order.

How to place your 2017 Melbourne Cup bet online 


Here’s our quick and easy guide for placing your Melbourne Cup bets online this year

If you do not already have an online bookmaker account, check out our bookie reviews. Find the bookie that suits you, sign up now and make a deposit to take advantage of their introductory offers.

Follow the Melbourne Cup navigation on the Bookmakers site to see all of the information on this year’s runners, riders, betting and odds as they become available. 

From the list of runners select yours by clicking on the odds which are usually to the right of their name: ie 7.50, 21.00 etc. Your bet will then automatically appear in your online bet slip which will pop up on the page.

Now you need to enter the amount you wish to bet on your horse and which type of bet you wish to make. (See above for some of the most popular Melbourne Cup bet types)

If you have qualified for a bonus bet on the Melbourne Cup by taking advantage of a sign up offer now is the time to use it or choose to stake with cash. Once you’re happy with your selection and your stake, click the 'Bet Now' button on your bet slip to place your bet.

That’s it! You have now placed a bet on the 2017 Melbourne Cup online. All that's left to do is sit back and enjoy the race...Good luck with your bet on the Melbourne Cup!

Ladbrokes Free Bet

Ladbrokes Free Bet

Ladbrokes will match your first deposit up to $250

Latest Promotions

3-May Sportsbet Gold Coast, Flemington or Rosehill run 2nd or 3rd special
2-May Crownbet Europa League Semi Finals Correct Score Special
2-May Ladbrokes Big $2 Odds for the Broncos to beat the Bulldogs
1-May Sportsbet Get Best Price on all Weir runners across the Warrnambool Carnival
1-May Crownbet 2 Extra Bet Boosts for each day of the Warrnambool Carnival
1-May Neds Broncos v Bulldogs NRL Early Payout Special
27-Apr Pointsbet Warrnambool Racing Carnival run 2nd or 3rd special
27-Apr Pointsbet Run 2nd special across all 17 races at Caulfield and Ascot on Saturday
27-Apr Ladbrokes Top racing odds across five tracks on Saturday
26-Apr Neds Double your winnings on the Panthers

Top 5 Bookies

Star ratingStar ratingStar ratingStar ratingStar rating
Grab a huge 100% bonus on your first deposit with Unibet
Star ratingStar ratingStar ratingStar ratingStar rating
Membership to Crownbet Rewards makes this a standout bookmaker
Star ratingStar ratingStar ratingStar ratingStar rating
Super bookie with tons of markets and great in-play betting options
Star ratingStar ratingStar ratingStar ratingStar rating
Five star bookie offering punters the best betting experience
Star ratingStar ratingStar ratingStar ratingStar rating
One of the biggest UK bookies now a big player in Australia