The Melbourne Cup is the most popular annual thoroughbred horse race in Australia. The race is for horses that are three years old and above. It’s a 3,200-meter competition organized by the Victoria Racing Club on Flemington Racecourse.
Great bonusesEsports offersCash out24/7 supportSuperb promotionsEsports offersLive bettingMany sportsFast payouts
Players from United States accepted 
Each of these platforms has unique offerings for all new and existing players. So, it’s essential to pick one based on what they provide and its reputation in the industry.
Before creating an account, you should check whether these bookies are licensed and regulated. Ensure you’re meeting the terms and conditions of the website. Top bookies provide reasonable odds and match predictions to help you to create a better winning chance.
Common examples of reputable best betting sites for the Melbourne Cup include FreshBet, William Hill, bet365 and Betfair.
25+ sportsSuperb bonusesEasy to useMany bonusesFast payoutsPrematch lineCompetitive oddsGreat sports markeCash outPrematch lineHigh oddsMany bonusesWelcome bonusesUnique bet typesMultiple betsMobile applications guarantee a stress-free experience. The significant advantage of the best betting apps for the Melbourne Cup is that you can use them on the go. All the major features available on the desktop application are usually in mobile apps. Unfortunately, some platforms don’t provide outright betting apps. They typically offer responsive sites with support for mobile devices.
Many sportsbooks in Australia provide bettors with multiple betting markets and odds on the Melbourne Cup. These platforms offer bonuses, user-friendly websites, and other features to give you a top betting experience on this top competition. I’ve listed my top picks for the best licensed Australian bookmakers below.
In-play betting40+ sportsLive streamingBest exchange platHigh oddsEsports offersCash out24/7 supportEsports offersEsports offersSports bonusesLive streamingAlso, check out my list of offshore bookies for Australian punters.
Acca insuranceLive betting24/7 supportSign up offersMobile appsCash outLive bettingLoyalty programMobile appHigh oddsWelcome offersCash outLive bettingVirtual sportsCash outCompetitive odds24/7 supportFast payoutsHigh oddsCash outGreat markets24/7 supportSpecial offersSuperb bet typesIf you reside in the US and wish to bet on the Melbourne Cup, you’ll have no shortage of betting sites. Many bookmakers cover the competition, offering top odds and generous bonuses. Here’s my list of top licensed sportsbooks for betting on the Melbourne Cup in the US.
Acca insuranceLive betting24/7 supportIn-play betting40+ sportsLive streaming25+ sportsIn-play betsReliable supportI’ve also provided some top offshore betting sites for US bettors. Explore them below.
Welcome bonusesUnique bet typesMultiple betsCompetitive oddsGreat sports markeCash outWelcome offersMultiple payment oGreat supportGreat marketsWelcome offersHigh oddsMany bonusesFast payoutsPrematch lineVariety of oddsOwn parlay boostWelcome offers24/7 supportSuperb promotionsEsports offersHuge payoutsIn-play modeEsports offersLive bettingMany sportsFast payoutsPrematch lineHigh oddsMany bonusesEach state in the US has its betting laws. Ensure you stay in permitted territories before placing bets on sports. I’ve provided details about betting in different states.
| State | Online Betting | Retail Betting |
|---|---|---|
| Arizona | Yes ✅ | Yes ✅ |
| Arkansas | Yes ✅ | Yes ✅ |
| Colorado | Yes ✅ | Yes ✅ |
| Connecticut | Yes ✅ | Yes ✅ |
| Delaware | No ❌ | Yes ✅ |
| Illinois | Yes ✅ | Yes ✅ |
| Indiana | Yes ✅ | Yes ✅ |
| Iowa | Yes ✅ | Yes ✅ |
| Kansas | Yes ✅ | Yes ✅ |
| Kentucky | Yes ✅ | Yes ✅ |
| Louisiana | Yes ✅ | Yes ✅ |
| Maine | Yes ✅ | No ❌ |
| Maryland | Yes ✅ | Yes ✅ |
| Massachusetts | Yes ✅ | Yes ✅ |
| Michigan | Yes ✅ | Yes ✅ |
| Mississippi | No ❌ | Yes ✅ |
| Montana | No ❌ | Yes ✅ |
| Nevada | Yes ✅ | Yes ✅ |
| New Hampshire | Yes ✅ | Yes ✅ |
| New Jersey | Yes ✅ | Yes ✅ |
| New Mexico | No ❌ | Yes ✅ |
| New York | Yes ✅ | Yes ✅ |
| Ohio | Yes ✅ | Yes ✅ |
| Oregon | Yes ✅ | Yes ✅ |
| Pennsylvania | Yes ✅ | Yes ✅ |
| Rhode Island | Yes ✅ | Yes ✅ |
| South Dakota | No ❌ | Yes ✅ |
| Tennessee | Yes ✅ | No ❌ |
| Vermont | Yes ✅ | No ❌ |
| Virginia | Yes ✅ | Yes ✅ |
| West Virginia | Yes ✅ | Yes ✅ |
| Wisconsin | No ❌ | Yes ✅ |
| Wyoming | Yes ✅ | No ❌ |
Fans of this competition in the UK can choose from multiple sportsbooks. You’ll find excellent betting platforms that cover this race with many markets. Some bookies offer user-friendly websites and betting features for a top experience. Here’s my list of the best UKGC-licensed bookmakers.
Acca insuranceLive betting24/7 supportBest mobile appsLive streamingMoney-back specialWelcome offersGreat marketsHigh oddsGreat payment optiLive bettingEsports offersWelcome offersCash outLive bettingSign up offerDaily promotionsEsports marketBest exchange platHigh oddsEsports offersBest for horse racFree betsHigh odds25+ sportsIn-play betsReliable supportGreat bonus offersIn-play modeSuperb bet typesLooking for alternatives? Explore my list of offshore bookies for UK bettors.
Live bettingLoyalty programMobile appCompetitive odds24/7 supportFast payouts24/7 supportSpecial offersSuperb bet typesSign up offersGreat marketsFast payoutsWelcome offersGreat markets24/7 supportWelcome bonusesUnique bet typesMultiple betsLeading sportsbooks excel in certain areas more than others. Check out my list of top bookmakers and their best features.
| Feature | Sportsbook | Available in Australia 🇦🇺 | Available in the US 🇺🇸 | Available in the UK 🇬🇧 |
|---|---|---|---|---|
| Best Betting Site 💻 | FreshBet | Yes ✅ | No ❌ | Yes ✅ |
| Best for Bonuses 🎁 | William Hill | Yes ✅ | Yes ✅ | Yes ✅ |
| Best for Live Betting 🔴 | bet365 | Yes ✅ | Yes ✅ | Yes ✅ |
| The Highest Payout 💰 | SpinBetter | Yes ✅ | No ❌ | No ❌ |
| Best Betting Exchange 🔄 | Betfair | Yes ✅ | No ❌ | Yes ✅ |
| Best Crypto Sportsbook 🪙 | Solisbet | Yes ✅ | Yes ✅ | Yes ✅ |
| Best for VIP Bettors 👑 | Luckster | Yes ✅ | No ❌ | No ❌ |
FreshBet Website
FreshBet is a leading online sportsbook that has some fantastic betting features. The platform covers over 35 sports categories, including football, tennis, and baseball, just to name a few. FreshBet offers multiple bonuses, including a 100% welcome offer.
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William Hill Website
William Hill is an established betting site that has multiple bonuses for punters. You can receive the platform’s welcome bonus of bet £10 and get £30 in free bets. Existing users can receive offers like odds boosts and special promotions for specific events.
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bet365 Website
bet365 is a perfect choice if you are a fan of betting on live matches. The live betting section of the sportsbook is excellent and very current, with updated odds. You can live-stream some of the games and place bets on them.
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SpinBetter Website
SpinBetter is a top-tier bookmaker with vast betting offers. This platform allows you to withdraw between $5,000 to $8,000 on a single transaction. It also has secure payment methods that ensure smooth transactions.
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Betfair Website
Betfair ranks among the top platforms that provide a betting exchange. You can easily bet against other punters on the website. Betfair has an intuitive interface and well-organized betting sections.
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Solisbet Website
Solisbet is a top sportsbook that accepts multiple cryptocurrencies for payments. You can deposit with and withdraw on this platform in over eight digital currencies, such as Bitcoin, Ethereum, and Litecoin. The good thing is that the site covers numerous sports events as well.
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Luckster Website
Luckster has a VIP program for loyal users known as the Exclusive Club. This program has up to seven tiers, and the perks improve as you climb the levels. Members of this club receive cashback, birthday bonuses, and other personalized offers.
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The top bookmakers have areas of strength and potential downsides. I’ve compared some leading sides in the table below.
Offers and promotions are for the new and existing bettors. These rewards are to attract potential punters to create accounts with the horse racing bookie. Depending on the bookmaker, some offers are more reasonable than others.
Before engaging in any bookmaker’s offer or promotion you should read through the terms and conditions. If you’re required to use a bonus code, ensure you take advantage of it.
New players usually enjoy the welcome bonus, while existing players benefit from the ongoing promotions, no deposit bonuses, free bets, and VIP promotions.
The VIP promotions are by invitation. Most websites provide loyalty points. When these points are adequate, you will get invited to the VIP scheme. Generally, bonus bets provide a higher advantage to win big in the competition.
Significant examples of specials include wagers on the horse, jockey, and trainer. Here’s more information about.
You can bet on the trainer of the competition. Like other sports outside horse racing, the trainers have their moments of form. Hence, placing bets on a specific trainer at the appropriate period can result in huge wins.
All trainers have their weaknesses and strengths. Some are better at preparing horses for a specific scenario, while others are generally skilled in training them. They primarily deal with keeping the horse’s health and fitness, including all important aspects of training. Placing this kind of bet requires careful analysis of the specific trainer to reach the right decision.
A jockey is a person that rides a horse as a profession.
Jockeys have moments that positively or negatively affect the horse. When a jockey is in good form with a high confidence level, that jockey can win a race. For this reason, it’s essential to wager appropriately on the jockey for huge wins.
Wagering on the horses is a common type of special. Most new punters bet to win when wagering on the competition. A bet to win is very popular among newbies and signifies a straight wager on the specific horse.
Since it’s easy, wagering on a horse like Surprise Baby is familiar among new and experienced bettors. Using a strategy that works best for you when betting on any horse in the competition or engaging in odds comparison for the best results is advisable.
Your experience level should determine your choice of the existing bet types in placing bets on the competition. If you don’t understand how to use any bet types, you can learn them since they are straightforward. You could also use the predictions for a higher win probability. Here’s what you should know about these common bet types.
The win bet is the most popular. It involves picking the first horse to pass the finish line. This bet type is one of the most exciting because picking the winner results in a huge win.
The place bet is also straightforward but involves wagering on a specific horse to finish among the top 3 in the race. The odds on the place bet type are lower than that on the win, but it could be more favorable for new bettors to engage in the place bet because it’s easier, and you’re more prone to win.
Read more about these bet types on my guide to win, place, and show betting.
Each Way bet involves placing wagers on 2 different possibilities. To give results, the horse you select must succeed for the “win” aspect of your stake. For your bet’s place aspect to provide returns, the selection must win or finish in one of the pre-described places.
Exacta involves selecting 2 different horses to come in the first and second in the specific order. It is the best way to bet for new bettors. When you box the exacta, the first 2 horses can come in any order, and you still get to win.
Quinella is similar to an exacta but requires lesser accuracy in your wager. The quinella involves placing a bet on the first 2 horses or winners to pass the finish line in no specific order.
From the name “trifecta”, you can be sure that it deals with “three”. In this type of wager, you need to pick 3 of the horses that pass the event’s finish line. Unlike some other bets, the trifecta provides the opportunity for massive payouts, making it highly favorable.
The superfecta has a lesser payout because it also comes with a lower risk. It involves wagering on the first 4 horses to finish the race. In the superfecta, you must ensure that you pick them in the appropriate sequence.
Here are some essential details about the competition that you should know:
Ensure that you take advantage of the specials when wagering about this competition. It would be best to learn the bet type that works for you between the win, place, each way, and other prominent wagers. Pick the best online Melbourne Cup betting sites, and don’t miss out on an opportunity to win big.
