2023 Melbourne Cup top 5 & 10 betting tips

The 2023 Melbourne Cup is just around the corner and in arguably the hardest race to predict on the Australian racing calendar, any way you can extend your margin of error is like gold for punters.

Smart bookmakers know the importance of making its customer’s dollars count, which is why the company has opened extended markets for the race that stops a nation.

This year several horse racing bookmakers like Ned and Ladbrokes are offering bets for horses to run in the top 5, or in the top 10 horses across the line first.

The regular win and place bets will be available for the race, but anyone wanting to give themselves a little bit more insurance heading into tomorrow’s big one can bet on their horse to finish inside the top five or top 10.

We took a look at the best horses you should bet on in each market to make yourself some cash on the most important day in Australian racing.

Best options for Top 5 betting market in the Melbourne Cup

Alenquer Silks

2. Alenquer (9)

  • T: Michael Moroney
  • J: Damien Oliver
  • W: 56.5kg
  • F: 00×059
  • Age: 6YO
  • Color: Bay
  • Sex: Gelding
  • Sire: Adlerflug (GER)
  • Dam: Wild Blossom (GER)
+5000
9.25
Without A Fight Silks

3. Without A Fight (16)

  • T: Anthony & Sam Freedman
  • J: Mark Zahra
  • W: 56.5kg
  • F: x11x61
  • Age: 7YO
  • Color: Brown
  • Sex: Gelding
  • Sire: Teofilo (IRE)
  • Dam: Khor Sheed (GB)
+600
2.80
Vauban Silks

5. Vauban (3)

  • T: Willie Mullins
  • J: Ryan Moore
  • W: 55kg
  • F: 34211x
  • Age: 5YO
  • Color: Chestnut
  • Sex: Gelding
  • Sire: Gallway (GB)
  • Dam: Waldfest (IRE)
+240
1.60
Right You Are Silks

8. Right You Are (15)

  • T: Ciaron Maher & David Eustace
  • J: John Allen
  • W: 53kg
  • F: 1×2505
  • Age: 7YO
  • Color: Bay
  • Sex: Gelding
  • Sire: So You Think (NZ)
  • Dam: Leica Ding (NZ)
+7000
16.00
Okita Soushi Silks

13. Okita Soushi (20)

  • T: Joseph O’Brien
  • J: Dylan Gibbons
  • W: 51.5kg
  • F: 115130
  • Age: 6YO
  • Color: Bay
  • Sex: Stallion
  • Sire: Galileo (IRE)
  • Dam: Amicus (UNR)
+7000
16.00

Alenquer is quote at +550 in top 5 Melbourne Cup betting, while Without A Fight and Vauban are right at the top of the Top 5 betting markets at -111.11 and a -181.82 respectively.

Right You Are is priced the same as Alenquer at +550, while Okita Soushi is +900 in top 5 betting.

Best options for Top 10 betting markets in the Melbourne Cup

If you are going to have a punt on the 2023 Melbourne Cup Top 10 betting market, you’ll need to go wide to find reasonable odds, given almost half the field will finish in the top 10.

Sheraz Silks

14. Sheraz (22)

  • T: Chris Waller
  • J: Beau Mertens
  • W: 51.5kg
  • F: 1×2341
  • Age: 7YO
  • Color: Bay
  • Sex: Gelding
  • Sire: Sea The Stars (IRE)
  • Dam: Shemiyla (IRE)
+12500
23.00
Serpentine Silks

18. Serpentine (1)

  • T: Gai Waterhouse & Adrian Bott
  • J: Jye McNeil
  • W: 51kg
  • F: 129243
  • Age: 7YO
  • Color: Chestnut
  • Sex: Gelding
  • Sire: Galileo (IRE)
  • Dam: Remember When (IRE)
+6000
10.00
Kalapour Silks

23. Kalapour (14)

  • T: Kris Lees
  • J: Zac Lloyd
  • W: 50kg
  • F: 3L7331
  • Age: 7YO
  • Color: Bay
  • Sex: Gelding
  • Sire: War Command (IRE)
  • Dam: Daldiyna (FR)
+5000
11.00

Sheraz will go around in the mMelbourne Cup as a +240 chance to run in the first 10 horses home for trainer Chris Waller.

Both Serpentine and Kalpour will be sent out as $2.25 chances to run in the top 10.


The 2023 Melbourne Cup will be one of the biggest betting events of the year. Australian gamblers are spoiled for choice nowadays when it comes to online betting options, but the question remains: which bookmaker offers the best Melbourne Cup betting odds?

Best odds at 2023 Melbourne Cup betting sites

All of the online bookmakers featured on HorseBetting.com.au offer competitive prices for every runner in the 2023 Melbourne Cup betting market. Check out the table below to compare the latest 2023 Melbourne Cup odds for your favourite horses.

Best bookmakers for 2023 Melbourne Cup odds

HorseBetting.com.au only features Melbourne Cup betting sites that offer quality products, great value and top-shelf customer service. Check out the links below to find out more and get started.

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2023 Melbourne Cup Odds

Flemington – Race 7
Lexus Melbourne Cup

Status: Open
Track Rating: Good4
Weather: overcast
AUS

3200m03:00pm – Tue 7th Nov

1. Gold Trip
Ciaron Maher & David Eustace

Best odds atNeds

151

2. Alenquer
Michael Moroney

Best odds atNeds

151

3. Without A Fight
A & S Freedman

Best odds atNeds

151

4. Breakup
Tatsuya Yoshioka

Best odds atNeds

151

5. Vauban
Willie Mullins

Best odds atNeds

151

6. Soulcombe
Chris Waller

Best odds atNeds

151

7. Absurde
Willie Mullins

Best odds atNeds

151

8. Right You Are
Ciaron Maher & David Eustace

Best odds atNeds

151

9. Vow And Declare
Danny O’brien

Best odds atNeds

151

10. Cleveland
Kris Lees

Best odds atNeds

151

11. Ashrun
Ciaron Maher & David Eustace

Best odds atNeds

151

12. Daqiansweet Junior
Phillip Stokes

Best odds atNeds

151

13. Okita Soushi
Joseph O’brien

Best odds atNeds

151

14. Sheraz
Chris Waller

Best odds atNeds

151

15. Lastotchka
Mick Price & Michael Kent Jnr

Best odds atNeds

151

16. Magical Lagoon
Chris Waller

Best odds atNeds

151

17. Military Mission
G Waterhouse & A Bott

Best odds atNeds

151

18. Serpentine
G Waterhouse & A Bott

Best odds atNeds

151

19. Virtuous Circle
Liam Howley

Best odds atNeds

151

20. More Felons
Chris Waller

Best odds atNeds

151

21. Future History
Ciaron Maher & David Eustace

Best odds atNeds

151

22. Interpretation
Ciaron Maher & David Eustace

Best odds atNeds

151

23. Kalapour
Kris Lees

Best odds atNeds

151

24. True Marvel
Matthew Smith

Best odds atNeds

151


Melbourne Cup Runner-by-Runner betting guide & racing tips


Melbourne Cup Runner-by-Runner betting guide & racing tips

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