Melbourne Cup – Tuesday November 3, 2020
3200m | Group 1 Open Handicap | Flemington Racecourse | Prize money: $7,750,000
About the Melbourne Cup
The Melbourne Cup is the most anticipated race run in Australia each year. It is held on the first Tuesday of November and is known as “The race that stops the nation”. It is the highlight of the Melbourne Spring Carnival and the last leg of the '3 majors'. It is run over 2 miles – 3200m, and only the top stayers from Australia and around the world are eligible to be entered. Horses qualify via a ballot system and can gain exemption by winning specific lead up races.
The race has a large field size due to its prestigious nature, holding a capacity of 24 runners. The runners compete for a prize pool of $7.75 Million with the winner taking home $4.4 Million.
History of the Melbourne Cup
The Melbourne Cup was first held in 1861 and has since become the jewel of Australian thoroughbred racing. The race is synonymous with champion racehorses who have etched their name in history, including the greats; Makybe Diva, Phar Lap, Rain Lover, Think Big and Kingston Rule, just to name a few. Only 4 horses have won the race consecutively.
Melbourne Cup Key Statistics
- King of the Cups Bart Cummings holds the record of most wins in the Melbourne up, saddling up 12 winners
- Makybe Diva is the best performed horse in the history of the race with 3 wins to her name, she is also the last mare to win (2005)
- Lloyd Williams has the most wins by any owner with 6 – he last won the race with Rekindling in 2017
- Favourites have a poor record in the race winning only 22% of the time
Melbourne Cup Past Winners (Last 20 editions)
|2019||Vow and Declare|
|2015||Prince Of Penzance|
|1997||Might And Power|
Early Betting on The Melbourne Cup
The Melbourne Cup is always a wide open betting affair, and this year is no different. With the current restrictions surrounding COVID-19, the race is expected to be filled with far more locally trained stayers than we are used to in recent years. Exciting youngster Russian Camelot currently heads up markets for the race that stops the nation at $7 with BlueBet. His credentials at two mile are yet to be tested but punters have latched onto the 4-year-old son of Camelot in early betting, accounting for just over 22% of all current investments. Unlucky in the race last year, Surprise Baby for Paul Preusker has also been popular with punters and sits on the second line at $8. The Aiden O'Brien pair of Tiger Moth ($11) and Santiago ($15), head up the international contingent and suit the profile of recent lightly raced international winners. They will no doubt make their presence felt on the first Tuesday in November.
Melbourne Cup Betting Options
There’s a plethora of options to bet on the Melbourne Cup. Casual punters can have a bet on the winner or a horse to run a place. Some other options available on the Melbourne Cup include a quinella, exacta, trifecta, first 4.