Centrebet Racing

Melbourne Cup 2018- All that you wish to know

Melbourne cup 2018

The 2018 Melbourne Cup will be run at 3:00pm on Tuesday, 6th November 2018 at Flemington Racecourse in Melbourne, Victoria, Australia. The Melbourne Cup field is made up of 24 horses with no emergencies. Each year hundreds of horses will nominate for the race and based on the balloting system and handicapping it is reduced to 24 after the running of the Lexus Stakes on Derby Day.

The race will be run at Flemington racecourse and the start time for the race is at 3pm. The final field for the Melbourne Cup 2018 will be decided on Saturday 3rd November after the running of the Lexus Stakes which will decide the last remaining spot in the Melbourne Cup field.

Out of the twenty four runners in the Melbourne Cup Field there is prize money for the first ten horses to cross the finish line in a race with a total prize pool of $6.2million dollars.

How to watch Melbourne Cup 2018

Melbourne Cup 2018

There are multiple ways to watch the Melbourne Cup online.

  • There are many sportsbetting sites that stream the race live. So you can watch at these sporst betting online websites easily. Visit Sportsbet.com.au, CrownBet.com.au and Ladbrokes.com.au and register yourself as member to watch the race via their websites. Simply create an account with any of them to view. No need to make any deposit.
  • Also watch at Racing.com that allows members the ability to watch the race, to view you will need to register on their site.

Watch Melbourne cup live on TV screen and Seven network will be broadcasting the race live on Channel 7.

Racing.com broadcast will also bring the race, you can watch the telecast by going to CH 68. (note if you have no searched for new channels recently, you may have to do so to view the channel)

Sky Channel will have the race broadcast live as well if you have Foxtel access.

Watch the Melbourne Cup on your mobile

Racing game app

There are multiple ways to watch the Melbourne Cup on your mobile phone this year with Sportsbet, CrownBet and Ladbrokes allowing members to watch the race via their mobile websites and apps. Simply create an account with any of them to view.

Racing.com also allows members the ability to watch the race direct on their mobile. Download their app to view the race.

The last two Melbourne Cups have been won by international horses which is seen to have increased the amount of international runners heading to Australia during the Spring to tackle the race and this event is watched across the globe.

The bets at Melbourne Cup

Melbourne cup bets

The Melbourne Cup is the biggest race in Australia both for viewer count and for betting turnover. Host by the Victoria Racing Club the Melbourne Cup last year had a turnover of around $80 million dollars with the TAB alone.  The Melbourne Cup is accustomed to paying big dividends for punters due to the large open field.

If you are betting on the Melbourne Cup online you use Sportsbet,  Ladbrokes or CrownBet as these three bookmakers pay the biggest dividends on the race.

The different betting types in Melbourne Cup

There are five main betting options that casual and regular punters will bet when betting on the Melbourne Cup

  • Win Bet: A win bet is a straight out bet on a runner in the Melbourne Cup to win the race. If the horse does not win the race then the bet is then lost and no money can be collected. Win bets pay more than place bets but only pay for first position in the race.
  • Place Bet: A place bet is for a horse to run in the first three positions in the Melbourne Cup. A place bet usually pays one quarter of the odds of a win bet. Place betting on the Melbourne Cup is hugely popular for casual punters as the odds of collecting are much higher than that of a straight out win bet.
  • Each-Way Bet: You will often hear people talking about backing a horse ‘each-way’. This terminology means they have bet on a horse to win or place in a race. If you place a $5 each way bet on a horse in the Melbourne Cup it will cost you $10 as you have in fact place $5 on the horse to win and $5 on the horse to place.
  • Quinella Bet: A quinella bet is a bet placed on who you think will win and run second in the race. It does not matter in what order the two runners come in you will still receive the dividend. Quinella betting is the simplest of the multiple betting types on the Melbourne Cup.
  • Trifecta Bet: The most common multiples bet on the Melbourne Cup is a Trifecta Bet. A trifecta bet is a bet placed on who you think will run in the first three positions of the race. A Trifecta bet is much harder to win on although the dividends are much better than that of a quinella bet. A trifecta can be placed for as little as 50cents and can be made as a Boxed bet (horses can run in any order) or a straight out trifecta (horses must run in picked order).

How to place a bet in Melbourne Cup?

Melbourne cup bets with online sports bookies

You can place a bet in Melbourne Cup at your Local TAB or bet at online bookies.

Online sportsbookies offer better odds than the TAB. They are quick to register on and you can start betting within minutes.

  • All you need is to register yourself at any of the sportsbetting of your choice that offers Melbourne Cup. Simply enter your basic details and confirm your over the age of 18 and you’ll be registered in no time!
  • Now make a deposit. The quickest and easiest way is with a credit card. Simply enter your card details along with your chosen deposit amount and the money will be in your account instantly. Other instant deposit methods include PayPal, Poli and Skill while bank deposits and BPAY are also available.
  • Once you have made a deposit make your way to the Melbourne Cup page. You’ll find links to this on the Sportsbet home page. You can bet on a number of Melbourne Cup markets.

Like Sportsbet will offer you a number of different ways and you can use the TopTote+. This guarantees you the best odds out of the 3 totes or the Starting Price giving you the best value for your bet. Simply click on the TopTote+ odds and a betslip will appear on the right. Then enter your bet amount and hit ‘Bet’. Once you’ve done that all you need to do is ‘Confirm’ the bet and your bet will be placed.

Betting on a horse to place is very similar to the instructions above. Simply select the TopTote+ odds instructed above and in the bet slip to the right change the left dropdown option from ‘Win’ to ‘Place’. This will give you the best place odds of all 3 totes or the official Starting Price.

An Each-Way bet allows you to bet on your chosen horse to either win the race or finish top 3. With a field the size of the Melbourne Cup it’s a great option as many of the horses are at great each way odds. Each-Way betting is simple and can be achieved by following the steps above and selecting the TopTote+ odds and in the betslip to the right selecting Each Way in the dropdown box.

A Trifecta bet is where you’re looking to pick the 1st, 2nd and 3rd horse. It’s an ambitious option but the rewards are greater. Like a Boxed Trifecta, allows you to pick a number of horses that can finish top 3 in any order. One the Melbourne Cup page on select the ‘Trifecta’ tab. A number of check boxes will appear. To place a boxed trifecta simply tick the first box on each of the horses you think could place in the top 3. You can select more than 3 horses but the more horses you put in a trifecta the less percentage of winnings you will receive.

Melbourne Cup Odds

Melbourne Cup Odds

Melbourne Cup betting odds basically goes hand in hand with Melbourne Cup betting although there are some small differences. The term betting refers to the overall market in a race where as the term ‘odds’ refers to each of the horses individual price when betting. Each horse in the race will have different betting odds, the horse with the lowest odds is believed to be the race favourite. Betting odds are determined by whom the bookmaker feels has the best chance of winning and betting moves from punters. Often horses will open up at a certain price and either get backed into lower odds or drift to higher odds.

Note that Melbourne Cup day is always on the first Tuesday in November every year. The meeting consists of ten races all together with the Cup always being the seventh race of the day at a time slot of 3pm. It is accustom for most businesses and schools to stop work at this time to tune into their TV’s or radios to listen to the race which has been branded ‘the race that stops a nation’.

Other fun filled events at Melbourne Cup

Melbourne Cup Other events to enjoy

There are various other fun filled events at Melbourne Cup to enjoy like the Melbourne Cup Carnival or the Melbourne Cup barrier draw and many more of such kind.

The 2018 Melbourne Cup Carnival goes for a full week and is comprised by four race days. The race days are Victoria Derby day, Melbourne Cup day, Crown Oaks day and the last day of the carnival is Emirates Stakes day which is our recommended day for families. The 2018 Carnival starts on the 3rd of November and runs until the 11th of November with the race itself being run on the 6th of November.
The Melbourne Cup Carnival isn’t all about the horses. A lot of racegoers head to Flemington each year simply for the fashion that is on showcase whether that be Women or Mens fashion with the latter becoming more competitive each year in what use to be a Female dominated focus until recent years.

The barrier draw for the Melbourne Cup takes place on Victoria Derby day which this year is the 4th of November. The Lexus Stakes run on Derby day is the last race in which Melbourne Cup hopefuls can get a spot in the final field thus the barrier draw must commence after this time. It is accustom that the VRC announces the final Melbourne Cup Field and barriers at 5.30pm.

Now prepare early for this fantastic event and choose to bet at one of the popular betting sites and try for some wins.

Leave a Reply

Your email address will not be published. Required fields are marked *