Does the favourite in Melbourne Cup always win?

Fiorente (IRE) ridden by Damien Oliver wins the Emirates Melbourne Cup at Flemington Racecourse on August 08, 2013 in Flemington, Australia. (Racing Photos)

“The favourite always wins…”

True or False?

With the biggest televised race about to unfold at 3:00pm AEST on the first Tuesday in November, spectators will be working out how to tip the winner of the Melbourne Cup 2021.

However does the favourite always win?

Statistics have shown out of 159 Melbourne Cups there has only ever been 34 wins come from the favourite with Fiorente being the last winner in 2013 priced at $7.00 to win. Phar Lap is currently sitting as the shortest priced favourite to win sitting at -137.49 in 1901.

So far the stats are far worse for the horses who are priced in the triple figures. With only four horses out 159 races have claimed victory when being priced at $100 or more to win. The last time being Prince Of Penzance which was $100 to win, ridden by the Michelle Payne who was also the first female jockey ever to win Melbourne Cup.

The Melbourne Cup favourites strike rate currently sits at 21.5% for favourite who have claimed victory in the prestigious Melbourne Cup and a tiny 2.6% of times that a horse paying $100 or above has won.

Looking at the previous Melbourne Cup stats horsebetting.com.au suggest deeper dive into who to back and looking at a few different tips that will give you a greater leg in the race that stops the nation rather than just blindly backing the favourite in the race.


Bet on the 2021 Melbourne cup


2021 Melbourne Cup Odds

Flemington – Race 7
Lexus Melbourne Cup

Status: Open
Track Rating: Good4
Weather: TBA
AUS

3200m03:00pm – Tue 2nd Nov

2021 Melbourne Cup Field

No. Silks Horse Trainer Jockey Barrier Weight Odds
1 Twilight Payment Melbourne Cup 2021 Twilight Payment Joseph O’Brien Jye McNeil 2 58kg $11
2 Incentivise Melbourne Cup 2021 Incentivise Peter Moody Brett Prebble 16 57kg $2.50
3 Spanish Mission Melbourne Cup 2021 Spanish Mission Andrew Balding Craig Williams 14 57kg $9
4 Verry Elleegant Melbourne Cup 2021 Verry Elleegant Chris Waller James McDonald 19 57kg $15
5 Explosive Jack Melbourne Cup 2021 Explosive Jack C Maher & D Eustace John Allen 4 54kg $51
6 The Chose One Melbourne Cup 2021 The Chosen One M Baker & A Forsman Damian Lane 5 54kg $61
7 Delphi Melbourne Cup 2021 Delphi A & S Freedman Damien Oliver 3 53.5kg $41
8 Ocean Billy Melbourne Cup 2021 Ocean Billy Chris Waller Damian Thornton 13 53.5kg $101
9 Selino Melbourne Cup 2021 Selino Chris Waller Ron Stewart 24 53.5kg $151
10 Johnny Get Angry Melbourne Cup 2021 Johnny Get Angry Denis Pagan Lachlan King 22 53kg $101
11 Knights Order Melbourne Cup 2021 Knights Order G Waterhouse & A Bott Daniel Stackhouse 9 53kg $201
12 Persan Melbourne Cup 2020 Persan C Maher & D Eustace Luke Currie 11 53kg $31
13 Carif Melbourne Cup 2021 Carif P & P Snowden Blaike McDougall 8 52.5kg $201
14 Master Of Wine Melbourne Cup 2021 Master Of Wine Team Hawkes Fred Kersley 6 52.5kg $101
15 Pondus Melbourne Cup 2020 Pondus Robert Hickmott Rachel King 1 52.5kg $41
16 Grand Promenade Melbourne Cup 2021 Grand Promenade C Maher & D Eustace Kerrin McEvoy 21 52kg $21
17 Miami Bound Melbourne Cup 2021 Miami Bound Danny O’Brien Patrick Moloney 17 52kg $151
18 Port Guillaume Melbourne Cup 2021 Port Guillaume Ben & JD Hayes Harry Coffey 23 52kg $151
19 She's Ideel Melbourne Cup 2021 She’s Ideel Bjorn Baker Craig Newitt 20 52kg $101
20 Future Score Melbourne Cup 2021 Future Score Matt Cumani Dean Yendall 15 51.5kg $301
21 Tralee Rose Melbourne Cup 2021 Tralee Rose Symon Wilde Dean Holland 12 51kg $17
22 Floating Artist Melbourne Cup 2021 Floating Artist C Maher & D Eustace Teo Nugent 10 50kg $18
23 Great House Melbourne Cup 2021 Great House Chris Waller Michael Dee 7 50kg $31
24 Sir Lucan Melbourne Cup 2021 Sir Lucan G Waterhouse & A Bott Glen Boss 18 50kg $26

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