Best Melbourne Cup Betting Sites in 2020

Last Update

Horse racing is big in the UK, but it is massive Down Under too and Aussies love a day out at the races. The Spring Carnival is the highlight of the flat season in Australia and the biggest race of the meeting is the world famous Melbourne Cup. In this Melbourne Cup betting guide our horse racing experts highlight the best betting sites for the race. We also discuss the prospects of some of the main contenders for the 2020 Melbourne Cup and outline some interesting trends that might help you uncover the winner. To find out more, just keep on scrolling!

Best Melbourne Cup Betting Sites in the UK

  1. bet365 Logo
    bet365
    Sign-up Offer
    100% up to £100 in bet credits
    CD365
    Open Account Offer Up to £100 in Bet Credits for new customers at bet365. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. The bonus code CD365 can be used during registration, but does not change the offer amount in any way. Full list below.
    Details
  2. Betway Logo
    Betway
    Free Bets
    $30
    Min Deposit: €/$10. First deposit matched up to €/$30. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card, Debit Card & PayPal deposits only. Terms Apply
    Details
  3. Betfair Logo
    Betfair
    Free Bets
    up to £100
    ZBBC01
    New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
    Details
  4. Unibet Logo
    Unibet
    Sign-up Offer
    up to £50
    New customers only. 18+, BeGambleAware.org. Min deposit £10. Money back as bonus. Wagering requirements: Sportsbook 3x at min. odds of 1.40 (2/5), Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in.
    Details
  5. Betfred Logo
    Betfred
    Free Bets
    Bet £10, Get £30 in Free Bets + 30 Spins!
    SPORTS60
    New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.
    Details
  6. 888sport Logo
    888sport
    Sign-up Offer
    £30
    30F
    18+, New customers only – Minimum deposit of £10 using deposit code 30f - A qualifying bet is a ‘real money’ stake of at least €10 (£20 e/w) placed on any sports markets - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply - full T&C’s apply
    Details
  7. BetVictor Logo
    BetVictor
    Free Bets
    Bet £/€5 Get £/€30
    New Customers only. Deposit and place a £/€5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £/€10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days, plus a £/€10 Casino Bonus, expires in 7 days. Wager the Casino Bonus 35x to withdraw winnings. Debit card deposits only. Geographical Restrictions and T&Cs Apply, See Below. Please Gamble Responsibly
    Details
  8. William Hill Logo
    William Hill
    Free Bets
    £30
    P30
    New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.
    Details
  9. Paddy Power Logo
    Paddy Power
    Free Bets
    £20
    YSKA46
    New customers only. Place your FIRST bet on any sportsbook market and if it loses, Paddy Power will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Debit Cards or Paypal will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
    Details

Sign-up Offer Bonuses

2020 Melbourne Cup-The Main Contenders

Withhold

  • Age: 5yo.
  • Trainer: Roger Charlton.

Withhold has been the subject of two monster plunges on his last two outings, and he justified market support in both. On his last start in 2017 he romped home in the Cesarewitch off 87 and on his sole outing this season he hosed up in the Northumberland Plate at Newcastle off 99. It is no surprise that connections have decided to have a crack at the Melbourne Cup. If Roger Charlton’s charge gets a decent draw at Flemington and the ground is good or better, he won’t be too far away. You can back Withhold at odds of 14/1 with Bet365 for the 2020 Melbourne Cup.

Best Withhold Ante-Post Melbourne Cup Odds: 14/1 Bet365

bet365 Logo
bet365
Sign-up Offer
100% up to £100 in bet credits
CD365
Open Account Offer Up to £100 in Bet Credits for new customers at bet365. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. The bonus code CD365 can be used during registration, but does not change the offer amount in any way. Full list below.
Details

Magic Circle

  • Age: 6yo.
  • Trainer: Ian Williams.

No British trainer has ever won the Melbourne Cup, yet UK horses are currently dominating the market. Magic Circle is a fascinating contender here after winning the Chester Cup at a canter off 101, then following up in a Group 3 at Sandown even more impressively. The worry for Magic Circle is that he will be carrying a fair chunk of weight, but he looks like a horse that should be able to handle that. He goes on any ground and if the draw gods are kind to him, Magic Circle could cast a spell over his rivals in the 2020 Melbourne Cup. He is a best price of 14/1 with William Hill and he looks sure to run a big race.

Best Magic Circle Ante-Post Melbourne Cup Odds: 14/1 William Hill

William Hill Logo
William Hill
Free Bets
£30
P30
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.
Details

Torcedor

  • Age: 6yo.
  • Trainer: Andreas Wohler.

Formerly trained by Jessica Harrington in Ireland, Torcedor was purchased by a German syndicate in a private sale in August. He is now trained by German handler Andreas Wohler, and he won the Melbourne Cup in 2014 with Protectionist. Torcedor has long looked a likely type for this race and he has some seriously strong 2 mile form in the book at Group 1 level. He will be carrying a fair amount of weight for his Melbourne Cup 2020 bid, but he is undoubtedly one of the classiest horses in the race and he handles any ground. He is sure to have plenty of supporters at a best price of 20/1 with BetVictor.

Best Torcedor Ante-Post Melbourne Cup Odds: 20/1 BetVictor

Kings Will Dream

  • Age: 4yo.
  • Trainer: Darren Weir.

The home challenge for the 2020 Melbourne Cup will be led by Kings Will Dream from the Darren Weir stable. This very lightly raced son of Casamento was formerly trained by Micky Hammond in the UK and his last start in Britain resulted in a maiden win over a mile on soft at Pontefract. He stepped up considerably on that form when running in Group company on his last two starts, including when beaten a head by Humidor over 7f at Caulfield. The big doubt with this fella is stamina as he has yet to race beyond a mile. He is undoubtedly a talented gelding though, and if he stays he could be a big danger.

Melbourne Cup Odds 2020

Melbourne Cup Odds

Horse

bet365

Withhold

14/1

Cross Counter

16/1

Magic Circle

14/1

Torcedor

14/1

Kings Will Dream

14/1

Hamada

16/1

Tosen Basil

25/1

2020 Melbourne Cup Tip - Leave The Bookies Red Faced By Backing Verdon at 100/1!

The Melbourne Cup has thrown up plenty of big priced winners down through the years. Prince Of Penzance scored at 100/1 just three years ago, and we think Red Verdon could go well at a similar price in the 2020 Melbourne Cup. His colours will be familiar to fans of the race who might remember the old warrior Red Cadeaux, runner up on three occasions in the Melbourne Cup.

Red Verdon has been running well in Group company, and he can be excused a poor run last time as he ran without his usual blinkers. The 5yo son of Lemon Drop Kid should be suited by a fast run 2 miles in a big field and at 100/1 with Bet365 Red Verdon is worth backing each way.

Sportsbetting24 2020 Melbourne Cup Ante-Post Tip: Red Verdon E/W @ 100/1 Bet365

Melbourne Cup Betting Tips and Trends

No matter what race you are studying, it makes sense to pay close attention to any patterns or trends. The Melbourne Cup is no exception and given that it was first run in 1861 there is no shortage of data to work with. Following trends is not a fool proof way to find the winner, but it can certainly help you to narrow the field of the Melbourne Cup. Our horse racing experts reveal some interesting Melbourne Cup trends below.

Melbourne Cup Trends

  • Between 2003 and 2017 every winner had won a pattern race before winning the Melbourne Cup.
  • A low draw can be a killer in the Melbourne Cup and 8 of the last 13 winners were drawn in stall 9 or higher.
  • Age is more than just a number when it comes to the Melbourne Cup and 11 of the last 13 winners have been aged 5yo or older.
  • No British horse has won the race before, but Irish, French and German trainers have supplied 4 of the last 13 winners.

Previous Melbourne Cup Winners

Last 10 Melbourne Cup Winners

Horse

Trainer

Jockey

Age

Rekindling

Joseph O’Brien

Corey Brown

4yo

Almandin

Robert Hickmott

Kerrin McEvoy

7yo

Prince Of Penzance

Darren Weir

Michelle Payne

6yo

Protectionist

Andreas Wohler

Ryan Moore

5yo

Fiorente

Gai Waterhouse

Damien Oliver

6yo

Green Moon

Robert Hickmott

Brett Pebble

6yo

Dunaden

Mikel Delzangles

Christophe Lemaire

6yo

Americain

Alain de Royer-Dupre

Gerald Mosse

6yo

Shocking

Mark Kavanagh

Corey Brown

4yo

Viewed

Bart Cummings

Blake Shinn

5yo

Melbourne Cup History and Facts

The Melbourne Cup was first run all the way back in 1861 when a horse called Archer scored for Etienne De Mestre. It is the most valuable 2 mile handicap race on the planet and it usually attracts runners from all four corners of the globe. There is a total purse of $7.3 million Australian Dollars with a cool $3.6 million going to the winner. It is no surprise it is such a competitive contest given the massive rewards.

The most successful horse of all time in the Melbourne Cup is Makybe Diva who won it an incredible three times. The first lady jockey to ride in the race was Clare Lindop in 2003, while the first woman to win the race was Michelle Payne on 100/1 outsider Prince Of Penzance. Bobby Lewis and Harry White are the leading jockeys with four wins each, while Bart Cummings is the top trainer with twelve victories.

How To Bet On The Melbourne Cup-Don’t Discount The Outsiders

If you are thinking about placing a wager on the Melbourne Cup, tread carefully. In races of this nature, handicaps with massive fields, it makes sense to back horses each way for small stakes at tasty odds. Remember though, if you back a horse ante-post and he or she doesn’t run, you lose your stake. When you are choosing your bet for the Melbourne Cup you should keep the trends we outlined above in mind.

When you are making your selection, look for horses aged 4yo or older and if the draw has been made try to avoid horses drawn low. It is also imperative to keep a close eye on the weather forecast as there is no point in backing a fast ground horse if there is rain around (and vice versa). If you want to win big for small stakes, tricasts or forecasts could be the way to go. In the 2017 Melbourne Cup, if you landed the tricast for a £1 stake you would have netted a cool £1970!

bet365 Logo
bet365
Sign-up Offer
100% up to £100 in bet credits
CD365
Open Account Offer Up to £100 in Bet Credits for new customers at bet365. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. The bonus code CD365 can be used during registration, but does not change the offer amount in any way. Full list below.
Details
William Hill Logo
William Hill
Free Bets
£30
P30
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.
Details

Melbourne Cup Betting Promotions

Here at Sportsbetting24 we are constantly preaching about the importance of making use of promotions. There will be a lot of different Melbourne Cup Betting promotions available when the race draws closer. At the time of writing no bookies had any promotions available for this year’s renewal, but the usual suspects like Paddy Power, Ladbrokes and Coral will no doubt have some superb Melbourne Cup specials.

If you are betting each way on the Melbourne Cup plenty of bookies will offer enhanced each way terms. Some bookies will pay out on the first five home, while others will pay out for six places, so watch out for extra place promotions. Other bookies might run money back specials, or offer enhanced odds on certain horses. More often than not, you will find a Melbourne Cup betting promotion to suit your punting needs.

Paddy Power Logo
Paddy Power
Free Bets
up to £10
YSKA00
New customers only. Available to residents of UK or Republic of Ireland. Open a new account using promo code YSKA00. If your qualifying bet is settled as a loser Paddy Power will refund you stake in CASH. Maximum refund is £/€10. Deposit a minimum of £/€10 using a Debit/Credit Card or PayPal. Deposits made with e-wallets including Skrill, Paysafe and Neteller will not count towards this promotion. Only Debit/Credit Cards and Paypal are eligible.
Details

Melbourne Cup FAQs

When is the Melbourne Cup run?

The Melbourne Cup is the most valuable 2 mile handicap in the world and it is run every November at Flemington Racecourse in Melbourne. It is the highlight of the Spring Carnival and it is run on the first Tuesday of November. In 2020 the Melbourne Cup will be run on November 6th and the race that stops a nation is shaping up to be one of the best renewals ever. If you are having a bet on Australia’s biggest race, Betfair and William Hill are two bookies worth checking out.

Where can I find the best Melbourne Cup odds?

This is a very commonly asked question and there is no right or wrong answer. The only way you are guaranteed to get the best Melbourne Cup odds is by shopping around. In the ante-post market the likes of Bet365 is usually up there when it comes to generosity of odds for the Melbourne Cup. Always remember to check for relevant promotions too, as the likes of Paddy Power and William Hill often have Melbourne Cup specials for existing and new customers.

How many horses run in the Melbourne Cup?

Although almost 200 horses hold entries for the Melbourne Cup, the eventual field size will be much smaller. In total, a maximum field of 24 will line up for the race and with so many horses, the winner will require a bit of luck. There is no guarantee that all 24 declared horses will run though, as non-runners are pretty common. And remember, low draws can be more of a help than a hindrance due to potential traffic problems, so stick to backing horses drawn in stall 5 or higher.