The Melbourne Cup

The event that we are all waiting for, the Melbourne Cup is less than half a year away. To be precise, the Melbourne Cup 2018 date is slated for Tuesday 6 November and this year’s edition promises to be just as exciting as the previous iterations of the tournament.

Melbourne Cup Day
Melbourne Cup Day

All fans will be glad to visit this year’s Lexus Melbourne Cup which promises to award as much as $7.3 million in prize money throughout the races. A special emphasis will be put on the 3,200-metre Lexus Melbourne Cup race.

Overall, there’s quite a bit to learn about the 2018 Melbourne Cup odds. When taking into consideration the bookmaker’s forecats, you will do well to research the lead-up races. You may want to study up the Melbourne Cup 2018 horses and a few statistics that apply in this case:

Horse’s course record (albeit the Melbourne Cup’s winners have mostly varied)

Previous market moves, i.e. when was the last time the particular horse was backed and it did win.

Proven at the trip, i.e. if the horse has won in similar races, in terms of distance before
More important metrics would help you pin down the Melbourne Cup 2018 odds, including trainer’s race record, distance travelled, and the jockey’s own course record.

This year’s race will see some pretty tough competition from a variety of entrants. The currently listed competitors are numerous. Some of those include Rekindling, Chestnut Coat, Magic Circle, Johannes Vermeer, Kings Will Dream, and a sufficient number of underdogs to wager on.

As the second richest Australian horse racing event in terms of prize money, the carnival is slated to accommodate around 100,000 visitors this year. The November racing day will also see a number of additional shows take place.

Some of the FAQs

So people often need a confirmation about the time & date of the event. The 2018 Melbourne Cup takes place at 3:00 on Tuesday 6th November. The event will be held at Flemington Racecourse in Melbourne, Australia.

The overall number of entrants is 24. The final 24 is a highly-contested lot, with hundreds of horses and jockeys trying to get admitted into the race.

Determining this year’s winner of the event is certainly difficult. Our best advice draws on what we did last year by wagering $16 on the favourite and adding $151 on the Quinella and $550 on the Trifecta. The betting range varies of course, but we will get more information on the best Melbourne Cup odds as the events draw nearer.

Apart from the race-specific bets, you will, of course, be afforded sufficient opportunities to choose some of the classic wagers, including win, place, an each-way bet.

Ultimately, there are more statistics you may want to research – some are rather more arbitrary, others are founded in fact. For instance, some punters like to pick their bets by a combination of who the jockey and horse are but also account for the times a given colour has won. If so, blue may be your favourite.