Best Melbourne Cup Bets, Bonuses and Bookmaker Offers

Written By:Richard Smith
Last Updated: October 31, 2022

If you are looking for the best Melbourne Cup bonuses and bookmaker offers then you are in the right spot, but before we get into that, let’s look at “The Race That Stops A Nation”

The Melbourne Cup is known worldwide for that one phrase above, and it certainly is an event that catches the nation’s attention, a little like The Breeders Cup in the US, The Grand National in the UK, and The Prix De L’Arc De Triomphe in France. All iconic races across the sport of horse racing.

The Melbourne Cup is a race for stayers and is run over a distance of two miles (3200 metres) and is run each year in early November at Flemington Racecourse in Melbourne, Victoria. The race has a very deep history and goes back to 1861, and in the first running, seventeen runners went to post.

Nowadays the field is limited to 24 starters, and horses from across the globe come to compete in the biggest handicap on the world racing stage.

Melbourne cup champions – It’S all in the name – Makybe DIVA

The most famous Melbourne Cup winner is the three-time champion Makybe Diva who won the race in 2003,2004 and 2005.

Australian race fans will probably know the story behind the name of the horse, but world racing fans may not, and it is a great story.

The owner of the horse Tony Santic decided to honour a number of his employees. Santic is a tuna fisherman and producer. Santic, originally born in Croatia moved to Australia when he was six years old and after building a successful business became a racehorse owner. His champion mare was named by taking the first two initials of the first name (Maureen, Kylie, Belinda, Diane, and Vanessa) of five of his employees.

The rest as they say is history.

Getting back to the 2022 Melbourne Cup, in this article, our expert Richard Smith will be giving a full analysis and rundown of the race. He’ll be doing his usual 10-year trends analysis as well as his form analysis for the big race.

So make sure to read the full article for his Melbourne Cup free tips.

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Qualifying Offer applies to all bets placed from 10am on the day of race up to 15 minutes before the scheduled ‘off’ time for each ITV race and only includes races shown live on ITV Racing unless otherwise stated by bet365. US racing is excluded. The following Bookmakers’ prices are included in this offer: Ladbrokes, William Hill, Paddy Power, Coral, Sky Bet and Boylesports. Offer applies to bets placed on Win and Each Way Fixed Odds markets only. Restrictions Enhanced or adjusted place terms (Each Way Extra) markets that are priced separately to the Fixed Odds market and Tote/Pari-Mutuel/Colossus (bets and dividends), are excluded from this offer. Adjusted place terms (Each Way Extra) markets refers to prices which do not match the Win and Each Way market displayed in the Fixed Odds tab on the racecard, either because the price has been taken from the Each Way Extra tab or the place terms for the bet have been adjusted via the bet slip. Bets placed at such terms will not count for this offer. If any of the Bookmakers listed release a price that bet365 deem to be an obvious error then that price will not be included for the purpose of this offer. In the event of ITV Racing amending their coverage from that originally planned, the offer will apply only to those races that are advertised in the schedule above. General bet365 may reclaim any bonus amount, Free Bets, Bet Credits, refund amount or enhanced payments that have been awarded in error. bet365 may, at any time, make minor amendments to this promotion to correct typographical errors or to improve on clarity or customer experience and may cancel this promotion for legal or regulatory reasons. Employees, officers and directors of bet365, its promotional or other agencies, licensees and licensors, service providers and any other associated or affiliated companies shall not be eligible for the promotion. The same terms shall apply to the direct families of such persons.

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Offer applies to all bets placed from 10am on the day of race up to 15 minutes before the scheduled ‘off’ time for each ITV race and only includes races shown live on ITV Racing unless otherwise stated by bet365. US racing is excluded. Offer applies to selected bookmakers odds
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Bet365 Feature Race 4/1 Offer
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Place a Win or Each Way single bet at odds of 4/1 or more on a bet365 Feature Race. If your first single bet on that race wins, place a bet up to the same stake (up to £50*) on the next bet365 Feature Race. If the bet loses we will refund your stake (up to £50*). If the bet also wins at odds of 4/1 or more, you qualify for a bet on the next bet365 Feature Race. *or currency equivalent Significant Terms and Conditions This offer is only available to new and eligible customers. This offer applies to the FIRST single bet placed by a customer on each bet365 Feature Race. This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent qualifying bet amount will be equal to the remaining active stake. If a qualifying bet is edited using our Edit Bet feature, any refund amount will be equal to the new stake and not the original stake. Where a qualifying bet is changed using Edit Bet, no refund will be given and the offer will no longer apply. Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip. Offer applies to bets placed on Win and Each Way Fixed Odds markets (including where a Bet Boost is applied) and Enhanced Place Terms markets only. All other markets, including adjusted place terms (Each Way Extra), Ante-Post bets and Tote/Pari-Mutuel/Colossus (bets and dividends), are excluded from this offer. This offer is available on selected races as specified in the table above. Bets must be placed in the usual way and can be paid for from either your Withdrawable Balance or Bet Credits. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credits will be refunded as Bet Credits.

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Back a winner at 4/1 or more, place a bet on the next bet365 Feature Race and get your money back if it loses (up to £50)
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Betfred Best Odds Guaranteed
  • Available on UK, Irish and selected international events
  • Applies to qualifying bets where the SP is bigger than the price taken when the bet was placed
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Applies to UK, Irish and selected International horse racing only. Best Odds Guaranteed applies to bets placed after 08:00 on the day of the race. Best Odds Guaranteed will be applied on qualifying bets where the SP is bigger than the price taken when the bet was placed. Offer does not apply to Win and Each Way bets on Super Extra Place Races highlighted in the race book. Offer does not apply for Lucky 15s, 31s and 63s. Offer does not apply to Ante Post, Tote or Pari-Mutuel. In the event of a Rule 4 deduction, we will pay at the bigger odds after the Rule 4 deduction has been made to the price taken. Bets using existing free bet funds do not count. Bets placed on specials market or boosts will not count towards this offer. Best Odds will not be applied where non-runners result in the race reverting to SP only. Where the terms of the offer are breached or there is evidence of collusion by a customer, or group of customers, which seek to guarantee profit irrespective of the outcome, Betfred reserves the right to void the bonus element and settle the bets at the correct odds. Betfred reserve the right to exclude certain customers from this offer at our discretion due to internal risk policies and/or account staking restrictions. General Betfred.com rules apply, see website for details.

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UK & Irish and selected international horse racing only. Doesn’t apply to bets placed with Free Bets, ante-post bets, Tote bets or Lucky 15s, 31s and 63s bets. Available on bets placed after 08:00 on the day of the race. Best Odds Guaranteed does not apply to Super Extra Place Races. Full T&Cs Apply.
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Betfred Extra Place Races
  • 5 Places. If there are fewer than 16 runners they will pay 4 Places (1/5 odds).
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  • 7 Places. If there are fewer than 26 runners they will pay 6 Places (1/5 odds).
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Applies to singles and multiple bets. 3 Places. If there are fewer than 6 runners standard place terms will apply. 4 Places. If there are fewer than 12 runners standard place terms will apply. 5 Places. If there are fewer than 16 runners they will pay 4 Places (1/5 odds). 6 Places. If there are fewer than 20 runners they will pay 5 Places (1/5 odds). 7 Places. If there are fewer than 26 runners they will pay 6 Places (1/5 odds). Doesn’t apply to ante-post bets. Dead heat rules apply. Betfred reserve the right to exclude certain customers from this offer at our discretion due to internal risk policies and/or account staking restrictions. General Betfred.com rules apply, see website for details.

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Available on selected races. Applies to Each Way bets only. Applies to single and multiple bets. Minimum runner stipulations apply. Doesn’t apply to ante-post bets. Full T&Cs Apply.
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William Hill Lengthen Your Odds
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Terms and Conditions Conversion rates When we convert currencies, we consider £10 to be equal to: €10 (euro) AU$20 (Australian dollar) CA$20 (Canadian dollar) CHf15 (Swiss franc) Kr80 (Danish krone) HK$115 (Hong Kong dollar) ¥1300 (Japanese yen) Kr120 (Swedish krona) S$20 (Singapore dollar) US$10 (US dollar) 1. General restrictions a. We expect you to be fair when you take part in promotions. We consider certain types of play to be unfair and to break these terms and conditions. These unfair types of play include the following. Using ‘minimal risk wagering patterns’ (that is, a set pattern of bets or stakes that unfairly minimises risks). Using more than one account in order to get more than the number of bonuses allowed for each customer. Sharing personalised promotions (that is, promotions only available to specific customers we offer them to) with others. This includes taking part in any personalised promotion forwarded to you by someone else when it was not intended for you. Taking part in a promotion that is not available in the country you live in. Colluding with other customers (that is, plotting with others to gain an unfair advantage). Using more than one account per person, per household or per IP address. b. If you take part in any play that we consider to be unfair, we may cancel any bonuses or promotions applied to your account, reclaim any bonus you have received as part of any promotion we have cancelled, and either: settle bets at the correct odds, not the bonus or promotion odds; void any free bets or bets funded by a bonus (that is, treat them as if they had never been placed); or remove any winnings relating to any bonus. 2. General conditions a. Regardless of anything else set out in these terms and conditions, you can withdraw funds from your main balance at any time, except where we must withhold the funds to meet our legal or regulatory obligations. b. You cannot take part in this promotion if we have previously banned you from taking part in promotions, or from betting or playing any games on our website. c. We can withhold or refuse to pay any winnings from a bonus if funds you paid into your main balance (including any amounts you have already used) are cancelled or denied by any payment service (for example, your card provider). d. We can change or cancel this promotion, or change these terms and conditions: without giving you notice, if the change or cancellation is needed because of any change in law or regulation; or by giving you notice beforehand, if the change or cancellation is for any other valid reason (for example, if there is a fault in the software or systems we use to provide this promotion, or we identify a mistake in this promotion or these terms and conditions). We can also award an equivalent bonus to the one referred to in this promotion. e. We will not be responsible for any technical, hardware or software failures, or any unavailable or lost network conditions which may result in incorrect information being displayed, or affect your ability to enter or take part in the promotion. If there is any dispute over your eligibility for the promotion, our decision will be final. f. Your use of our website, and your gaming or betting, is governed by our terms and conditions of using our website or telebetting service (the general terms). You must read the general terms and these terms and conditions before you take part in this promotion. If any of these terms and conditions conflict with the general terms, these terms and conditions will apply. g. These terms and conditions are governed by, and interpreted in line with, the laws of England and Wales. Any legal action in connection with these terms and conditions will be dealt with in the courts of England and Wales. h. This promotion is offered, managed and made available on our website (williamhill.com) by us, WHG (International) Limited.

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Lengthen Your Odds markets are singles only markets. Multiple bets will not be available
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Regulated By

Malta Gaming Authority under license: MGA/CRP/121/2006-05

Valid By

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Offer Terms

Terms and Conditions 1. General restrictions a. We expect you to be fair when you take part in promotions. We consider certain types of play to be unfair and to break these terms and conditions. These unfair types of play include the following. Using ‘minimal risk wagering patterns’ (that is, a set pattern of bets or stakes that unfairly minimises risks). Using more than one account in order to get more than the number of bonuses allowed for each customer. Sharing personalised promotions (that is, promotions only available to specific customers we offer them to) with others. This includes taking part in any personalised promotion forwarded to you by someone else when it was not intended for you. Taking part in a promotion that is not available in the country you live in. Colluding with other customers (that is, plotting with others to gain an unfair advantage). Using more than one account per person, per household or per IP address. b. If you take part in any play that we consider to be unfair, we may cancel any bonuses or promotions applied to your account, reclaim any bonus you have received as part of any promotion we have cancelled, and either: settle bets at the correct odds, not the bonus or promotion odds; void any free bets or bets funded by a bonus (that is, treat them as if they had never been placed); or remove any winnings relating to any bonus. 2. General conditions a. Regardless of anything else set out in these terms and conditions, you can withdraw funds from your main balance at any time, except where we must withhold the funds to meet our legal or regulatory obligations. b. You cannot take part in this promotion if we have previously banned you from taking part in promotions, or from betting or playing any games on our website. c. We can withhold or refuse to pay any winnings from a bonus if funds you paid into your main balance (including any amounts you have already used) are cancelled or denied by any payment service (for example, your card provider). d. We can change or cancel this promotion, or change these terms and conditions: without giving you notice, if the change or cancellation is needed because of any change in law or regulation; or by giving you notice beforehand, if the change or cancellation is for any other valid reason (for example, if there is a fault in the software or systems we use to provide this promotion, or we identify a mistake in this promotion or these terms and conditions). We can also award an equivalent bonus to the one referred to in this promotion. e. We will not be responsible for any technical, hardware or software failures, or any unavailable or lost network conditions which may result in incorrect information being displayed, or affect your ability to enter or take part in the promotion. If there is any dispute over your eligibility for the promotion, our decision will be final. f. Your use of our website, and your gaming or betting, is governed by our terms and conditions of using our website or telebetting service (the general terms). You must read the general terms and these terms and conditions before you take part in this promotion. If any of these terms and conditions conflict with the general terms, these terms and conditions will apply. g. These terms and conditions are governed by, and interpreted in line with, the laws of England and Wales. Any legal action in connection with these terms and conditions will be dealt with in the courts of England and Wales h. This promotion is offered, managed and made available on our website (williamhill.com) by us, WHG (International) Limited.

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THE MELBOURNE CUP

This year’s Melbourne Cup will be the 162nd running of the race after first entering the history books in 1861.

Our aim in this section is to look at a list of recent winners and see if we can find any specific trends that may point us in the way of the winner. We look at a number of factors including previous track, going and race experience as well as the draw bias, age of previous winners, starting prices of previous winners, and a number of other factors.

The race requires a horse with both speed and stamina, and one that travels strongly in its races. Due to the size of the field, you want a horse that travels well and can take advantage of the gaps when they appear, there are always plenty of hard luck stories in the Melbourne Cup so make note of this.

Below you can see the last ten winners of the race.

winning yearhorsehorse age/sexjockeytrainer
2021Verry Elleegant6 mJames McDonaldChris Waller
2020Twilight Payment8 gJye McNeilJoseph O’Brien
2019Vow And Declare4 gCraig WilliamsDanny O’Brien
2018Cross Counter4 gKerrin McEvoyCharlie Appleby
2017Rekindling4 hCorey BrownJoseph O’Brien
2016Almandin7 gKerrin McEvoyRobert Hickmott
2015Prince of Penzance6 gMichelle PayneDarren Weir
2014Protectionist5 hRyan MooreAndreas Wöhler [de]
2013Fiorente6 hDamien OliverGai Waterhouse
2012Green Moon[6 hBrett PrebbleRobert Hickmott

10-YEAR RACE TRENDS

Trying to pick the winner of any big handicap is always tough for punters and The Melbourne Cup is one of the toughest of them all.

You have 24 runners to contend with and it is a very tight handicap. Throw in the fact that the Australian form is much of an unknown for UK punters, and it produces a jigsaw puzzle that is tough to solve.

However, our racing expert Richard Smith will hopefully be able to point you in the right direction as he has throughout the year at the other big meetings like the Cheltenham Festival, The Grand National, Royal Ascot, Glorious Goodwood, and the Qatar Prix De L’Arc de Triomphe as well as the upcoming Breeders Cup.

So let’s look at some of the trends from the past ten years that could help you to pick out the winner.

  • Six of the last ten winners have been aged 6 years old or higher and if we extend that out to two decades then this stat becomes even stronger with twelve of the last twenty being in that age group.
  • Owner Lloyd Williams has won the race four times in the last ten years with two of those being trained by Joseph O’Brien (watch out for this combination)
  • Jockey Kerrin McEvoy has won two of the last ten runnings (3 in total)
  • Just one of the last ten runnings has been won by the favourite
  • Six-year-olds have a consistently good record in the race with four of the last ten winners fitting this stat.

RACE ANALYSIS & SELECTIONS

TRENDS PICK

From a trends perspective, there are no real standouts, but NUMERIAN 40/1 EW looks like decent value and he fits the age profile for the trends. His run in The Caulfield Cup last time was very promising following a long break and he could outrun his huge odds.

FORM GUIDE

Our final form picks will be announced here on Sunday 30th October.

Looking at this year’s field we wanted to cover some of the key trials for the Melbourne Cup and pick out five horses that look to have solid chances in the big race.

The Caulfield Cup is a huge trial for the Melbourne Cup and the 2022 edition was an incredibly exciting race with lots of potential pointers to who might win.

DURSTON trained by Chris Waller was the winner and he swopped late to just edge out GOLD TRIP who looked like the winner when taking over 200 metres out. Gold Trip could be seen travelling ominously well when posted out wide, but that could have been due to the slow early gallop, so the form of this may need to be treated with caution, as they are sure to go a much quicker pace.

KNIGHTS ORDER was the one to set the pace and he dictated after coming across from his high draw in stall 18. He led at an even tempo and tried to quicken off the front end entering the straight. He was soon joined by a number of rivals and looked like he would give way, but to his credit, he battled all the way to the line to finish third beaten just over a length. With a good draw, he may well try and go gate to wire and is not without a chance. He’ll surely be out of the way of any scrimmaging behind.

However, the one to take out of the race is the very fast-finishing MONTEFILIA trained by David Payne who was hampered twice at vital stages and this one hit the line full of running.

The Brits always target this race and DEAUVILLE LEGEND is the favourite on the early prices at around 9/2. He has grown in stature throughout this season and he won the Group 2 Great Voltigeur at York on his last run. His form ties in closely with the Derby runner-up HOO YA MAL who he just beat at Goodwood when both finished in behind New London in the Group 3 Gordon Stakes.

You have to go back to 1941 to find the last three-year-old winner of this race so even though they both hold decent form chances, will they really have the class against some proven class from Australia? The trends are certainly against them for sure.

FORM PICKS

The three-year-old Deauville Legend is the starting point here and trainer John Ferguson has taken no chances in booking leading rider Kerrin McEvoy for his charge. The three-year-old has continued to improve all season and looks sure to run a strong race. Trends are against three-year-olds in the race with Skipton the last one to win in 1941. Deauville Legend could well run into a place.

The major trial for this was the recent Caulfield Cup and it’s here where we find our main selection and that is MONTEFILIA 10/1 EW who finished fourth in that race but was hampered twice at very vital stages. The Caulfield Cup was run at a slow pace and this will be very different. It will allow the David Payne filly a chance to settle better and having run only three times in the last two years, you have the feeling this race has been a plan for some time.

Others that ran in the Caulfield Cup include Knights Order, Gold Trip and the winner Durston. Of those, then Knights Order who made the pace may well be the one as they are sure to go a much stronger pace here. It was to his credit that he battled gamely once the pace quickened in the home straight. He looked beaten but kept on well, and they will surely change tactics on Tuesday.

Other Major Race Meetings

As well as the Melbourne Cup, our expert Richard Smith covers all of the big race meetings from across the World and you can also read his thoughts on Cheltenham, The Grand National, Royal Ascot, Glorious Goodwood, The Prix De L’Arc de Triomphe, and The Breeders Cup.

Richard Smith
Richard Smith

I am a total sports fan, in particular horse racing, football and golf, and have been writing about these and other sports for a number of years. I have had the chance to attend many of the biggest horse racing events in my time and my sporting claim to fame has to be winning the inaugural RacingTV Tipstar contest back in 2014. When not watching or writing about sports and sports betting I like to take an interest in cryptocurrency, and last but not least spending time and playing with my two young grandchildren.

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