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
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)
9.25
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)
2.80
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)
1.60
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)
16.00
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)
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.
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)
23.00
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)
10.00
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)
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.
Featured casinos
2023 Melbourne Cup Odds
Flemington – Race 7
Lexus Melbourne Cup
Status: Open
Track Rating: Good4
Weather: overcast
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Melbourne Cup Runner-by-Runner betting guide & racing tips
Melbourne Cup Runner-by-Runner betting guide & racing tips