Melbourne Cup Racing Betting Guide
How Melbourne Cup markets work and the Australian racing bet types you will see.
Visit Croco Casino →Melbourne Cup markets include win, place, each-way and exotics such as quinella and trifecta. Fixed odds lock at bet time; tote dividends settle at the jump. Run over 3,200 metres at Flemington with a field capped at 24 runners.
Melbourne Cup racing markets
- The Melbourne Cup offers win, place and each-way markets plus exotics like quinella and trifecta.
- The Melbourne Cup is a Group 1 handicap run at Flemington over 3,200 metres, with prize money of about 8 million dollars.
- Fixed-odds prices lock in at bet time; tote (parimutuel) dividends are set at the jump.
- Run on the first Tuesday of November, the field is capped at 24 runners.
Racing bet types
| Bet | What it needs |
|---|---|
| Win | 1st place only |
| Each-way | Win and place combined |
| Quinella | 1st and 2nd in any order |
| Trifecta | 1st, 2nd and 3rd in order |
Frequently asked questions
What bet types run on the Melbourne Cup?
Win, place, each-way and exotics such as quinella and trifecta are the common options.
When is the Melbourne Cup run?
On the first Tuesday of November over 3,200 metres at Flemington, with a field capped at 24 runners.
What is the difference between fixed odds and tote?
Fixed-odds prices lock in at bet time; tote (parimutuel) dividends are set at the jump.