Betting Sites UK
Betting Sites Australia
Betting Sites Canada
Betting Sites Kenya
Betting Sites India
Betting Sites Nigeria
Betting Sites New Zealand
Betting Sites South Africa
Betting Sites Ghana
Betting Sites Ireland
Updated: October 31, 2022
Where can I Bet on the Melbourne Cup?
There are over 100 betting sites and apps in Australia that allow you to legally bet on the Melbourne Cup.
The most popular places where you can bet on the Melbourne Cup include Neds, Moneyball, PlayUp, Bet365, Unibet, and Ladbrokes.
Below we list the 20+ best betting sites and apps for placing a bet on the Melbourne Cup but if you want a deeper overview of each bookmaker/app then click here.
List of where to bet on Melbourne Cup 2023
Stats, Multis, Exotics, Best Tote Odds
Highest 'Win' Fixed Odds
Highest 'Place' & 'Underdog' Odds
Easy to Use & High Fixed Odds
Speedmaps, Race Predictions & Exotics
Special Bet Types & Competitive Odds
Top Fluc Odds & Best Customer Support
Simple Bookie, New in 2022
Aussie-Owned with Competitive Odds
Social Betting App, Copy Expert Punters
Modern Bookie with a Slick App
Request Head to Head Bets
Best of the Best Odds
High max payout amount
Very Small Bookie With Fixed Odds
New in 2022, Fantastic Service
Did you notice that many of the places we recommend for betting on the Melbourne Cup have 'high odds'? The reality is that for each horse, some betting sites and apps will have better Melbourne Cup odds one hour, and worse the next.
Even so, the sites at the top of our list generally have the best Melbourne Cup odds eg. PlayUp generally has the most competitive 'Win' odds.
However, they are many more ways to be on the Melbourne Cup than just the Win odds. We explain more about Tote odds, Top Fluc, Win, Place and Exotic odds in our article about how to bet on the Melbourne Cup!
For now, keep scrolling to see more detailed analyses of our experts' 20+ best places to bet on the Melbourne Cup.
Below we've compared the Win odds for all Melbourne Cup horses at PlayUp, Neds, and Bet365 to see which bookie has the best price.
Where to bet on the Melbourne Cup if you want the best odds
1. Gold Trip
19.00
2. Duais
21.00
3. Knights Order
16.00
4. Montefilia
12.00
5. Numerian
61.00
6. Without a Fight
11.00
7. Camorra
61.00
8. Deauville Legend
3.80
9. Stockman
26.00
10. Vow And Declare
26.00
11. Young Werther
41.00
12. Hoo Ya Mal
16.00
13. Serpentine
61.00
14. Daqainsweet Junior
51.00
15. Grand Promenade
81.00
16. Arapaho
81.00
17. Emissary
34.00
18. Lunar Flare
23.00
19. Smokin' Romans
19.00
20. Tralee Rose
81.00
22. High Emocean
34.00
23. Interpretation
61.00
24. Realm Of Flowers
12.00
*Odds accurate as of November 1st, 1:31am AEST.
What is the best place to bet on the Melbourne Cup?
The best place to bet on the Melbourne Cup is neds.com.au.
Neds is easy to use, has detailed race comments, stats and form information as well as high 'Place' odds, Top Fluc odds and Best Tote odds for the Melbourne Cup. With all these options and extras, Neds is especially good for newer betters.
However, the best place to bet on the Melbourne Cup for more experienced punters is playup.com.au.
PlayUp also offers Best Tote odds but their fixed 'Win' and 'Place' odds are often slightly higher. That means that if you are looking to maximise your winnings, the Melbourne odds offered by PlayUp will give you slightly more value.
You can check out the 20+ best betting sites and apps for the Melbourne Cup below or on our Melbourne Cup betting sites page. Clicking the red links for any brand will take you to a more detailed overview of what each offers for the big race.
Best Sites & Apps to Bet on Melbourne Cup 2023
- Neds - Great all-round. 'Place' odds are especially high.
- PlayUp - Best 'Win' odds in Australia with high 'Place' odds.
- Bet365 - Best 'Place' odds and best odds on outsiders.
- Unibet - Easy to use and best 'Win' and 'Place' odds for certain horses.
- Palmerbet - Speedmaps, early speed, special markets & predictions.
- BlueBet - Australian-owned with Best Tote and special odds.
- Ladbrokes - Great customer support and the same options as Neds.
- MidasBet - Fewer features but competitive fixed odds & Top Fluc.
Where should I bet on the Melbourne Cup?
If you are less experienced and want extra statistics, information, and an easy-to-use bookmaker with competitive odds then you should bet with Neds. However, if you are looking for the best odds then PlayUp is where you should bet on the Melbourne Cup.
Each betting site and app offers something slightly different though, so we'll go through the top 10 best places to bet on the Melbourne Cup in detail below. After, we'll briefly discuss the next 10 or so bookies that are also worth considering.
#1 Best Place to Bet on Melbourne Cup - Neds
Neds
Pros and Cons
✅ High 'Place' fixed odds
✅ Same Race Multis & exotics
✅ Detailed comments & price info
✅ Best of the Best, Best Tote + SP & Top Fluc
❌ Better fixed odds do exist
The Most Complete Melbourne Cup Bookmaker
Neds offers the most comprehensive site for those who want to bet on the Melbourne Cup.
For new punters, the site is easy to use, packed with helpful race comments and suggested runners, and the price of their odds are competitive, especially for 'Place' bets.
For more experienced punters, Neds offers extra features like money back odds, pick your own odds, special racing markets, same race multis, price fluctuation information, and speedmaps, as well as popular markets like Best of the Best, Best Tote + SP, and Top Fluc odds.
What Neds Offers
- Website: neds.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, exotics, same race multi, money back odds, pick your own odds, and special bets (eg. odds vs evens)
- Melbourne Cup Features: Price fluctuations, speedmaps, money tracker, form guides, race comments, and expert tips
- Payment Options: Visa, MasterCard, PayPal, Apple Pay, PayID, POLi, BPAY, EFT/Bank Transfer, Flexepin, Cash In, Neds Card, and Cheque
Neds has a lot of different Melbourne Cup betting options & features but is still easy to use & their prices are higher than average
#2 Best Place to Bet on Melbourne Cup - PlayUp
PlayUp
Pros and Cons
✅ Best 'Win' fixed odds
✅ High 'Place' fixed odds
✅ Simple, easy & Aussie-owned
✅ Best Tote + SP & Best of the Best odds
❌ Limited extra features
Professional-Level Melbourne Cup Bookie
PlayUp is one of Australia's newest betting sites and they have quickly become a favourite for horse racing punters across the country, especially the pros.
PlayUp is proudly Australian-owned and they launched right before the 2019 Melbourne Cup. At all the races since then, they have consistently had the best fixed odds i.e. the highest prices & the most winnings for customers.
PlayUp is also great for betting on the Melbourne Cup because their site was designed for mobile so it is very easy to use and navigate. The PlayUp app is also really simple.
What PlayUp Offers
- Website: playup.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, and exotics
- Melbourne Cup Features: Form guides and expert tips
- Payment Options: Visa, MasterCard, POLi, BPAY, and EFT/Bank Transfer
#3 Best Place to Bet on Melbourne Cup - Bet365
Bet365
Pros and Cons
✅ Best 'Place' fixed odds
✅ Best odds on underdogs
✅ Most payment options
✅ Best Tote & Top Fluc odds
❌ No speedmaps or same race multis
Best Bookie for Place Bets and Roughies
Bet365 is one of Australia's biggest betting websites and is the world's biggest betting site with over 60 million global customers.
Bet365 became popular by offering a simple betting service, with high fixed odds and plenty of payment options. Bet365 is particularly good for punters wanting to bet on outsiders and their odds for these horses are much better than with competitors, making them also popular among professional bettors.
Bet365 is great for the Melbourne Cup because they have great odds and many ways to bet including Win & Place bets or exotics like Quinellas, Exactas, and Trifectas.
What Bet365 Offers
- Website: bet365.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote, exotics, and special bets (eg. 'cover bets')
- Melbourne Cup Features: Form guides
- Payment Options: Visa, MasterCard, Maestro, PayPal, Apple Pay, POLi, EFT/Bank Transfer, Flexepin, Paysafecard, Cash Top Up, Bet365 Card, ClicktoPay, and Cheque
Bet365 may not be beautiful, but their odds are higher than most, especially for 'Place' bets and underdogs
#4 Best Place to Bet on Melbourne Cup - Unibet
Unibet
Pros and Cons
✅ Best fixed odds for certain horses
✅ Very user friendly with betting tips
✅ Speedmaps & price fluctuations
✅ Best Tote + SP & Top Fluc odds
❌ Customer support not available 24/7
Easy To Use Melbourne Cup Bookie
Unibet may not be the biggest betting site in Australia, nor the one that you immediately thought of when you were wondering where to bet on the Melbourne Cup - but it is still one of our favourite Melbourne Cup bookies.
Unibet is known for its terrific racing offerings which include high odds for particular horses and plenty of form information and tips to help you make the right picks.
Unibet also has of the cleanest, easiest to use online betting sites in the country and offers a range of payment options.
What Unibet Offers
- Website: unibet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote + starting price, and exotics
- Melbourne Cup Features: Price fluctuations, speedmaps, form guides, race comments, and expert tips
- Payment Options: Visa, MasterCard, PayPal, Apple Pay, POLi, BPAY, EFT/Bank Transfer, Neteller, Skrill, Flexepin, Ecopayz, and Cash In
#5 Best Place to Bet on Melbourne Cup - Palmerbet
Palmerbet
Pros and Cons
✅ Best fixed odds for certain horses
✅ Race comments and predictions
✅ Weather and track information
✅ Best Tote + SP & Top Fluc odds
❌ Doesn't offer some special markets
Comprehensive Bookie with Plenty of Extras
Palmerbet has been around for nearly a decade now. When it comes to the Melbourne Cup they have one of the most comprehensive offerings with everything from runner comments to stats, tips and even weather information.
While it's true that the bookies above may have more Melbourne Cup runners at higher prices, depending on the horse you want to back, there's chance Plamerbet's price is the best.
With plenty of ways to pay and a modern app, Palmerbet shouldn't be counted out.
What Palmerbet Offers
- Website: palmerbet.com
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote + starting price, and mystery bets
- Melbourne Cup Features: Price fluctuations, speedmaps, form guides, race comments, early speed, predictor, and expert tips
- Payment Options: Visa, MasterCard, POLi, BPAY, EFT/Bank Transfer, and Osko
Placing a bet on the Melbourne Cup with Palmerbet is great for punters who want some tips given all of the extra information they give about each runner and the track
#6 Best Place to Bet on Melbourne Cup - BlueBet
BlueBet
Pros and Cons
✅ Competitive odds all-round
✅ Quick multis & mystery bets
✅ Protest payout & special bets
✅ Best Tote + SP & Top Fluc odds
❌ Slight delay in streaming
The True Blue Melbourne Cup Bookie
100% Aussie-owned and operated, BlueBet is among the most complete and competitive Melbourne Cup betting sites and apps that you can use. They have a complete range of single and exotic markets as well as specials, same race multis and mystery bets.
To be honest, there's not much that separates BlueBet from the bookies above except that their fixed odds prices aren't always the absolute best and that they don't have a few payment options like PayPal or Pre-Paid Card.
Otherwise, BlueBet is a great option for betting on the Melbourne Cup, especially if you want to use a smaller, locally owned bookie.
What BlueBet Offers
- Website: bluebet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote + starting price, exotics, same race multi, mystery bets, and special bets (eg. odds vs evens)
- Melbourne Cup Features: Price fluctuations, speedmaps, form guides, race comments, and expert tips
- Payment Options: Visa, MasterCard, PayPal, POLi, BPAY, EFT/Bank Transfer, Cash In, and Cheque
#7 Best Place to Bet on Melbourne Cup - Ladbrokes
Ladbrokes
Pros and Cons
✅ High 'Place' fixed odds
✅ Same Race Multis & exotics
✅ Detailed comments & price info
❌ Same odds and options as Neds
❌ Better fixed odds do exist
Reliable Bookie, Established in 1886
Ladbrokes is arguably the most comprehensive Melbourne Cup betting site in Australia with all the same options and extras as Neds. That's because both Ladbrokes and Neds are owned by the same company.
We put Neds in the #1 spot because we liked their website design and functionality more - it's a bit easier to use. However, if you choose Ladbrokes instead you'll still get everything from Best Tote odds to race comments, to tips, form information, speedmaps and more.
Ladbrokes does have the added benefit of their 'mates mode' where you can chat, share bets and bet together - which is ideal for creating your own Melbourne Cup pool bet.
What Ladbrokes Offers
- Website: ladbrokes.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, exotics, same race multi, money back odds, pick your own odds, and special bets (eg. odds vs evens)
- Melbourne Cup Features: Price fluctuations, speedmaps, money tracker, form guides, race comments, and expert tips
- Payment Options: Visa, MasterCard, PayPal, PayID, POLi, BPAY, EFT/Bank Transfer, Flexepin, Cash In, and Neds Card
Ladbrokes and Neds have all the same Melbourne Cup options and odds because they are owned by the same company - this means you'll only need an account with one of these betting sites/apps
#8 Best Place to Bet on Melbourne Cup - MidasBet
MidasBet
Pros and Cons
✅ Competitive fixed odds prices
✅ Newly launched in July 2022
✅ Top Fluc & Best of the Best odds
❌ Fewer markets and features
❌ No native betting app
Australia's Newest Melbourne Cup Bookie
There's an obvious gap between the very best Melbourne Cup betting sites and the rest. These bookmakers have more Melbourne Cup bet types and extras (even sites not in our top 10 like Moneyball, Booki, and BoomBet have more to offer than MidasBet).
The reason we put MidasBet so high is not for the number of things they offer but instead because they are one of Australia's newest bookmakers, because they have competitive odds and because they are different from the big bookies in that they offer a simple, stripped-back product.
For many punters, it is much more appealing to bet with a small local bookmaker and MidasBet is one of the smallest you'll find.
What WinnersBet Offers
- Website: midasbet.com.au
- Apps: None
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, and exotics
- Melbourne Cup Features: Price fluctuations and form guides
- Payment Options: Visa, MasterCard, POLi, and EFT/Bank Transfer
MidasBet may not have the features and fanciness of some of Australia's biggest corporate Melbourne Cup bookmakers but they are locally owned and offer competitive odds for all runners
#9 Best Place to Bet on Melbourne Cup - WinnersBet
WinnersBet
Pros and Cons
✅ Best Tote Odds & Protest Payout
✅ Small Melbourne-based bookie
✅ Simple, no-nonsense site
❌ Fewer features than the big bookies
❌ Fewer markets than the big bookies
What WinnersBet Offers
- Website: winnersbet.com.au
- Apps: None
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, and exotics
- Melbourne Cup Features: Price fluctuations and form guides
- Payment Options: Visa, MasterCard, POLi, and EFT/Bank Transfer
#10 Best Place to Bet on Melbourne Cup - Dabble
Dabble
Pros and Cons
✅ Copy experts' bets
✅ Banter with punters
✅ Top 4 option
❌ No betting website
❌ Fewer traditional features
What Dabble Offers
- Website: dabble.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top 4, best tote + starting price, and exotics
- Melbourne Cup Features: Follow tipsters, copy bets, and banter with punters
- Payment Options: Visa, MasterCard, and EFT/Bank Transfer
#11 Best Place to Bet on Melbourne Cup - BoomBet
BoomBet
Pros and Cons
✅ High fixed odds prices
✅ Social media support
✅ Modern, fast, simple
❌ No phone betting
❌ Not good for early betting
What BoomBet Offers
- Website: boombet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, and exotics
- Melbourne Cup Features: Price fluctuations, speedmaps, form guides, and expert tips
- Payment Options: Visa, MasterCard, POLi, BPAY, and EFT/Bank Transfer
#12 Best Place to Bet on Melbourne Cup - Bookmaker
Bookmaker
Pros and Cons
✅ Complete bookmaker
✅ Heaps of features
✅ Competitive all-round
❌ Outdated design
❌ Same markets as Neds
What Bookmaker Offers
- Website: bookmaker.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, exotics, same race multi, and special bets (eg. favourite vs field)
- Melbourne Cup Features: Price fluctuations, speedmaps, money tracker, pick your own odds, form guides, race comments, and expert tips
- Payment Options: Visa, MasterCard, PayPal, Apple Pay, PayID, POLi, BPAY, EFT/Bank Transfer, Flexepin, Cash In, Neds Card, and Cheque
#13 Best Place to Bet on Melbourne Cup - VicBet
VicBet
Pros and Cons
✅ Unique markets
✅ Request your own bets
✅ Market-leading odds
❌ No betting apps
❌ Fewer extra features
What VicBet Offers
- Website: vicbet.com.au
- Apps: None
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best of the best, best tote + starting price, exotics, pick your own odds, head to head, and special bets (eg. odds vs evens)
- Melbourne Cup Features: Price fluctuations and form guides
- Payment Options: Visa, MasterCard, POLi, BPAY, EFT/Bank Transfer, Cheque, and Direct Deposit/Cash
#14 Best Place to Bet on Melbourne Cup - RealBookie
RealBookie
Pros and Cons
✅ Competitive prices
✅ Price bumps
✅ Best of the Best odds
❌ Normal markets only
❌ Limited ways to pay
What RealBookie Offers
- Website: realbookie.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote, exotics, and same race multis
- Melbourne Cup Features: Speedmaps, form guides, and expert tips
- Payment Options: Visa, MasterCard, POLi, and EFT/Bank Transfer
#15 Best Place to Bet on Melbourne Cup - GetSetBet
GetSetBet
Pros and Cons
✅ Past the Post payout
✅ $200,000 max payout
✅ Responsive support
❌ No FAQ/About Us
❌ Standard betting offer
What GetSetBet Offers
- Website: getsetbet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote, exotics, and same race multis
- Melbourne Cup Features: Speedmaps, form guides, and expert tips
- Payment Options: Visa, MasterCard, POLi, and EFT/Bank Transfer
#16 Best Place to Bet on Melbourne Cup - Pendlebury Bet
Pendlebury Bet
Pros and Cons
✅ Very high fixed odds
✅ Starting Price Guarantee
✅ Honest bookie since 1968
❌ No betting apps
❌ Limited markets
What Pendlebury Bet Offers
- Website: pendleburybet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote + starting price, and exotics
- Melbourne Cup Features: Price fluctuations
- Payment Options: Credit/Debit Card, POLi, EFT/Bank Transfer, Cash, and Cheque
#17 Best Place to Bet on Melbourne Cup - Swiftbet
Swiftbet
Pros and Cons
✅ Top Tote odds
✅ Launched in 2022
✅ Responsible, small operator
❌ No unique markets/features
❌ Unispiring design
What Swiftbet Offers
- Website: swiftbet.com.au
- Apps: iOS, Android
- Melbourne Cup Markets: Fixed 'win', fixed 'place', top fluctuation, best tote, exotics, and same race multis
- Melbourne Cup Features: Speedmaps, form guides, and expert tips
- Payment Options: Visa, MasterCard, POLi, and EFT/Bank Transfer
Where should I bet on the Melbourne Cup - Website, app or in-person?
Now that you've seen our 20+ favourite Melbourne Cup bookmakers the question becomes - where should you place your bets on the Melbourne Cup?
- Online via a betting website,
- On a betting app, or
- On-course at the Melbourne Cup
Why to bet on the Melbourne Cup online
The primary reason to bet on the Melbourne Cup online, is because it is the fastest and easiest way to make your bet.
You can bet on the Melbourne Cup online with your mobile phone, tablet, laptop computer or desktop computer - basically whatever you are reading this article with will work.
Getting started takes just 5 minutes. Simply click or tap one of the buttons on this page, register with the betting site, make a deposit and find the bet you want to make.
You can learn more about how to bet on the Melbourne Cup online here.
If you're new to betting then betting online with a laptop or desktop computer can also be easier because the big screen is easier to navigate and see all of your options on.
Best place to bet on the Melbourne Cup online
Neds
Bet on the Melbourne Cup Online
Neds.com.au is one of the most user-friendly places to bet on the Melbourne Cup online.
They have plenty of extras for first-time Melbourne Cup punters like race comments that tell you what experts predict will happen, speedmaps that show the predicted starting speed of each horse, expert tips which give you ideas on profitable horses to choose as well as a bet tracker which shows you the horses that other Aussies are betting on.
There's also a helpful How To section you can use if you are still not sure how to place your bet.
Neds is perhaps the most user-friendly online betting website to place bets on the Melbourne Cup with
Why to bet on the Melbourne Cup with a betting app
The primary reason to use a betting app to bet on the Melbourne Cup is that it is easier to place your bet if you are out and about.
Of course, you can still bet online using your mobile phone but with a betting app you have the added advantage of not having to search for your bookmaker and go through the online log in process. Modern betting apps are also optimized for smartphone and tablet screens making navigation and use easier, plus they also generally allow fast fingerprint and face ID log in.
A downside of using a betting app for the Melbourne Cup is that you still have to go through the steps of registering your account - something we recommend doing online, and then going through the process of downloading and installing the app. So, if you're placing a one-off bet, getting a betting app may not be worth the effort.
This download process usually only takes a minute or two though so isn't a big deal, plus, you'll now have the app on your phone if you want to track your bet, or make new bets in the future.
Best betting app for the Melbourne Cup
PlayUp
Bet on the Melbourne Cup Online
Playup.com.au has native betting apps for both Android and iOS (iPhone & iPad) users.
You'll find these apps by searching 'PlayUp' on the Apple App Store or Google Play Store but we suggest going to PlayUp's website on your phone or computer and registering first. Entering your personal ID info is a bit easier and quicker online.
PlayUp is our favourite Melbourne Cup betting app because on average their fixed odds prices are the best in Australia meaning you'll get more returns from any winning bets.
PlayUp is also a simple bookmaker, with no unnecessary extra features which means placing your Melbourne Cup bets is very straightforward.
For a smooth betting app experience and high odds, PlayUp is great choice for the Melbourne Cup
Why to bet on the Melbourne Cup in-person
The primary reason to bet on the Melbourne Cup in person is if you are at Flemington for the big race.
You can still use betting apps and even betting sites from your mobile if you're at the races but for the experience of chatting to the bookie, getting a physical ticket and cashing it in at the track, in-person betting might be worth it.
However, you probably didn't scroll this far if in-person betting was a realistic option for you, so, we'd advise getting a betting app or using a betting website for your Melbourne Cup bets.
What to consider when deciding where to bet on Melbourne Cup
We can give you all the recommendations in the world but ultimately the best betting site and app for the Melbourne Cup is different for every person.
Here are the things that we looked at when coming up with the 10 best Melbourne Cup bookmakers - they might be helpful things to consider when choosing a Melbourne Cup betting site or app for yourself.
Be sure to check the lists above or our betting site reviews for even more information about what each bookmaker offers for the Melbourne Cup.
How to Choose where to bet on the Melbourne Cup
Are the Odds high?
Consider if the odds are high (high is good as it means you get more money if you win). A good way to check is to pick a couple of your favourite betting sites for the Melbourne Cup and then compare the odds for the horses that you want to bet on.
PlayUp, Unibet, Neds, and Bet365 tend to have the best odds for the Melbourne Cup (depending on the horse and bet type you choose).
How easy is it to use?
What payment options are available?
It's important to make sure that the payment method you want to use is offered by the Melbourne Cup betting website you like before you sign up. If you're reading this on Melbourne Cup day you'll also want to choose an instant deposit option like debit card or PayPal.
You can check all of the payment methods available at betting sites in Australia here.
Otherwise, Unibet and Bet365 accept the most common forms for depositing including credit/debit card, PayPal, Apple Pay, POLi and Flexepin. There are various other options at some bookies including paysafecard, ClicktoPay, Flexepin, BPAY Neteller and Skrill.
Are form guides & stats available?
It's Melbourne Cup season so finding information about horses, jockeys, and who might win is not hard but still, betting sites with full form guides, raceday previews, and other statistics are invaluable for helping you make the right choices.
All Melbourne Cup bookies have runner form and other stats on their sites but Neds or Unibet are probably the best of them.
How many ways to bet are there?
For many punters, betting on the winner, or a horse to place (1st, 2nd or 3rd), is enough. However, in true Melbourne Cup style, there are hundreds of other ways to bet.
These include Quinellas, Exactas, Trifectas, First 4, and Quadrellas as well as special bets like Mystery Bets or Odds vs Evens. All betting sites for the Melbourne Cup offer win/place and exotics betting options but only some - like BlueBet and Palmerbet - have special bet types.Read more about how to bet on the Melbourne Cup here or the best ways to bet on the Melbourne Cup here.
Is there a betting app?
If you're looking to place a one-off bet then a good betting app might not be worth the hassle of downloading. However, if mobile betting is your thing then you'll want an app with all of the features above, plus one that is easy to use and fast.
PlayUp has the best Melbourne Cup betting app for all of these reasons.
Neds is a great all-round betting site for the Melbourne Cup with great apps, odds, payment options, stats, features and plenty of ways to bet
Placing a bet on the Melbourne Cup
All Australian betting sites offer odds for the Melbourne Cup which means that betting on the Melbourne Cup is quite straightforward, as long as you know what you're looking at.
We recommend choosing a top Melbourne Cup bookie from this page and creating an account (which takes around 2 minutes).
From there all you need to do is make a deposit, go to the Melbourne Cup section, pick a horse, a bet type (most punters choose 'Win' or 'Place') and then submit your bet!
For more information about this process, check out our post about the best ways to bet on the Melbourne Cup.
Where to bet on Melbourne Cup FAQs
Where can I put a bet on the Melbourne Cup?
You can put a bet on the Melbourne Cup at any of the 100+ online betting sites or apps in Australia. Popular places to bet on the Melbourne Cup include Neds, Moneyball, PlayUp, Bet365, Unibet, Plamerbet, BlueBet and Ladbrokes.
Best Sites to Bet on Melbourne Cup 2023
- Neds - Great for new players.
- PlayUp - Highest odds overall.
- Bet365 - Best for roughies.
- Unibet - Many stats & extras.
- Palmerbet - Special bet types.
- BlueBet - Best Tote odds.
- Ladbrokes - Great for exotics.
- MidasBet - New in 2022.
I want to bet on Melbourne Cup 2022, how do I get started?
Here's everything you need to know to bet on Melbourne Cup 2023.
How to bet on Melbourne Cup 2023
- Choose an online betting site from the list at the top of this page
- Create a free betting account by entering your basic ID info
- Make a deposit using one of the available payment methods
- Search for the 'Melbourne Cup' in the menu or search bar
- Select one or more horses and/or bet types from those displayed
- Enter your bet amount and then confirm your bet(s)
Read more about How to Bet on Melbourne Cup 2023
Where is the best place to bet on the Melbourne Cup?
Our experts think that the best place to bet on the Melbourne cup is online at betting websites like Neds, PlayUp and Bet365.
Neds is our favourite because they have great odds and the site is easy to use, there's plenty of ways to pay and they also have heaps of tips, previews, form guides and features like speedmaps, price fluctuations and same race multis.
From where can you bet on the Melbourne Cup?
You can bet on the Melbourne Cup from anywhere in Australia - that includes the land, air and sea - as long as you have internet connection and an online betting account.
(In fact, if you are overseas, you can still bet on the Melbourne Cup with Aussie betting sites if you're using a VPN to hide your web address.)
Where is it easy to bet on the Melbourne Cup?
It is easy to bet on the Melbourne cup at Neds, PlayUp, Unibet, and Bet365. These sites are all simple to sign up with, find Melbourne cup odds, and place bets.
PlayUp is probably the easiest of the four with a site that is designed really well for mobile.
Where do professionals bet on the Melbourne Cup?
Professional bettors use many different betting sites but generally, they only care about two things - betting odds and markets.
Melbourne Cup markets don't really differ much between bookies but the odds offered can. Fixed odds are the best on PlayUp, exotics odds tend to be the best on Bet365 and Neds offers Top Price fluctuations, Starting Price and Best Tote odds.
Where should you not bet on the Melbourne Cup?
Most Melbourne Cup betting is just for fun anyway so most online betting sites and on-course bookmakers will satisfy your betting needs.
However, if you're serious about making money, or just want the best betting experience, avoid any of the betting sites that aren't on this page.
