Melbourne Cup Betting Tips Suggest a New Winner

The Melbourne Cup draws huge crowds, hundreds of race nominees, and millions of viewers each year. It’s a prestigious thoroughbred race that’s considered a national holiday in multiple regions of Australia. In this article, we’ll talk about the five favorites to win the race this year. You’ll also find additional betting tips related to the Melbourne Cup in each subsection.

As Australia’s most famous thoroughbred horse race, the Melbourne Cup draws huge crowds each year. It’s a 3.200 meters long turf race for horses over three years old. The Cup has a huge tradition and defined Australian horse racing since its inauguration date in 1861. Since 2019, the total prize money has been A$8 million. This is split between the first 12 horses to enter the finish line. Additionally, the reward is distributed between the owner, trainer, and jockey.

Additional information on the Melbourne Cup

Let’s talk about the favorites for this year’s race. The Melbourne Cup is always held on the first Tuesday of November, which will be the 1st of the month this year. And since it’s one of the most popular horse races not only in Australia but the world as well, a few betting tips couldn’t hurt before the Melbourne Cup begins. After all, this is “The Race That Stops A Nation”.

The nominations for the race closed on 2 August and a total of 186 horses were considered. However, the Cup only has a capacity of 24 horses, so it could be challenging to select the right participants. The final field for this year will be officially revealed on 29 October. But below you’ll find the favorites for the race, including odds and all the additional betting tips you need to know. We also have an article on the evolution of horse race betting, in case you want to learn more about the sport’s history.

It’s time to shine for the young Deauville Legend

The 3-year-old Irish gelding is the favorite for this year’s Melbourne Cup. Deauville Legend participated in five races so far this year and came 1st in three of them.

The gelding placed second at Royal Ascot and Goodwood. One of the most notable 1st place finishes was at the Newmarket course, where the trainer, James Ferguson is based at. On sites like 22BET Sportsbook, Deauville Legend’s odds for winning the Melbourne Cup are 8.00.

This will be the gelding’s first entry at the race but the 3-year-old has proven to perform well at flat turf races. Deauville Legend won’t be the only first-timer at the Cup but he’s the way ahead of the others in favor. As long as Legend and Ferguson keep up the good work, the future looks bright for the horse’s owner, Mr. Boniface Ho Ka Kui.

The Melbourne Cup Betting Tips Suggest Loft is Coming to Restore German Glory

The German gelding is a close second in terms of odds for the Melbourne Cup. You might even find that the odds of Deauville Legend and Loft are nearly identical on some online sportsbook sites in Australia. Loft is currently trained by Marcel Weiss and has participated in three races this year. The gelding’s most significant victory was this summer at Belmont Park. Loft won the race by over three lengths and set a new course record with 3:16.68. This victory earned the team $220.000.

One of the biggest changes between the summer and November’s Melbourne Cup will be the weight change of Loft. The gelding moved from 63.5kg to 55.5kg plus the Cup is also 300 meters longer. No German horse has won the Melbourne Cup since 2014 but betting tips suggest that the winner will most likely be decided between Deauville Legend and Loft.

Can Duais Triumph in this Australian Race?

There is a significant gap between the odds of the two favorites for the Melbourne Cup and the rest of the racers. On sites like 22BET Sportsbook, Duais is considered the 3rd favorite to win the race with odds of 14.50. However, some other sites estimate that Gold Trip and Without A Fight’s chances are identical to Duais’. The 5-year-old mare has a career record of 7-4-1 in 22 races. Backing Duais throughout its career would’ve given bettors a 78% return on investment.

So why is the Australian only the third favorite for the Melbourne Cup? The main reason is that the mare hasn’t won, or reached the podium, since March. On the other hand, the biggest win of Duais’ career was finishing first in the $1.5 million Australian Cup at Flemington. As a reminder, the Melbourne Cup will also be at Flemington although the race length will also be 1.200 meters longer. Duais is a great racehorse but this season’s results are not in his favor.

Gold Trip and Without A Fight – Melbourne Cup betting tips

From this point on, multiple horses have similar odds of winning the 2022 Melbourne Cup. Gold Trip and Without A Fight both have odds of 17.00 on 22BET Sportsbook. Many predictions and betting tips put other races on the same level but we’ll only talk about these two here.

Gold Trip has a significantly smaller win rate than the previously mentioned horses in this list, about 8% compared to 30%. But the French stallion is a relatively good place or podium finisher. Between April and October, the currently 5-year-old participated in 8 races, he finished 2nd or 3rd five times.

Without A Fight has a career win rate of 41% which is the highest out of all horses on this list. The inclusion of the Irish international means there is only one Australian horse in the top 5 ahead of the Melbourne Cup. Additionally, the 5-year-old’s achievements are impressive, but there is a serious lack of experience in Grade I races. The last time Without A Fight participated in a Grade I race, he finished 12th out of 14 horses. Winning the Melbourne Cup isn’t impossible but we still think it’s between Deauville Legend and Loft.

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