Melbourne Cup 2023 futures betting

Racing Online - 2023 Melbourne Cup betting guide - Melbourne Cup 2023 futures betting

Heading into the 2024 Melbourne Cup, punters will face two main options when betting:

Do you go early on futures betting, or do you wait for the tote?

In this betting guide, we’ll look at what futures betting is, it’s advantages, disadvantages and how to use these markets to maximise your returns on the Melbourne Cup.

Melbourne Cup 2024 futures betting


United States Bookmakers for Melbourne Cup Futures Betting

Bookmakers for Melbourne Cup Futures Betting


Advantages of placing a Melbourne Cup futures bet

The saying goes “early bird catches the worm” and that’s the punters theory when betting on futures.

Getting in early has always been a positive in all aspects of betting because that’s when the best value is offered.

Why are the odds better? Due to the race being days, weeks or months away, the odds haven’t been affected by recent form, nor can the price be affected by the pool of money.

Some helpful futures market info and thoughts:

  • Most Melbourne Cup favourite’s pay in the range of $5-$8 by the time of race day, but you can get almost double that for most of the well-favoured runners in the months leading up to the race, with the markets constantly changing.
  • Futures odds also give punters the opportunity to secure big overs on a runner that isn’t well liked in the market. Punters might have an inkling, inside knowledge or just plain luck and their runner at massive odds could get into the field with a chance of winning.
  • Runners yet to be accepted to run in the 24-horse field in the Melbourne Cup will often have to show strong form and win qualification races in the lead up. Before they achieve this feat, they are often in the hundreds of dollars in the odds market. Getting in early on a futures market can literally make you hundreds and thousands of dollars.
  • If your desired runner isn’t listed at any of our recommended bookmakers, simply make contact with them and they will get a quote for your runner.


2023 Melbourne Cup Final Field

No. Silks Horse Trainer Jockey Barrier Weight Odds
1 Silks
Gold Trip
Ciaron Maher & David Eustace
James McDonald
2
58.5kg
+340
2 Silks
Alenquer
Michael Moroney
Damien Oliver
9
56.5kg
+5000
3 Silks
Without A Fight
Anthony & Sam Freedman
Mark Zahra
16
56.5kg
+600
4 Silks
Breakup
Taisuya Yoshioka
Kohei Matsuyama
18
55kg
+1700
5 Silks
Vauban
Willie Mullins
Ryan Moore
3
55kg
+240
6 Silks
Soulcombe
Chris Waller
Joao Moreira
4
53.5kg
+1000
7 Silks
Absurde
Willie Mullins
Zac Purton
8
53kg
+2200
8 Silks
Right You Are
Ciaron Maher & David Eustace
John Allen
15
53kg
+7000
9 Silks
Vow And Declare
Danny O’Brien
Billy Egan
19
53kg
+3000
10 Silks
Cleveland
Kris Lees
Michael Dee
23
52kg
SCR
11 Silks
Ashrun
Ciaron Maher & David Eustace
Kerrin McEvoy
11
51.5kg
+4000
12 Silks
Daqiansweet Junior
Phillip Stokes
Daniel Stackhouse
12
51.5kg
+9000
13 Silks
Okita Soushi
Joseph O’Brien
Dylan Gibbons
20
51.5kg
+7000
14 Silks
Sheraz
Chris Waller
Beau Mertens
22
51.5kg
+12500
15 Silks
Lastotchka
Mick Price & Michael Kent (Jnr)
Craig Williams
21
51kg
+2500
16 Silks
Magical Lagoon
Chris Waller
Mark Du Plessis
7
51kg
+9000
17 Silks
Military Mission
Gai Waterhouse & Adrian Bott
Rachel King
5
51kg
+4500
18 Silks
Serpentine
Gai Waterhouse & Adrian Bott
Jye McNeil
1
51kg
+6000
19 Silks
Virtuous Circle
Liam Howley
Craig Newitt
6
51kg
+9000
20 Silks
More Felons
Chris Waller
Jamie Kah
24
50.5kg
+3000
21 Silks
Future History
Ciaron Maher & David Eustace
Hollie Doyle
13
50kg
+2600
22 Silks
Interpretation
Ciaron Maher & David Eustace
Teo Nugent
17
50kg
+6000
23 Silks
Kalapour
Kris Lees
Zac Lloyd
14
50kg
+5000
24 Silks
True Marvel
Matthew Smith
Ben Thompson
10
50kg
+15000

2021 Melbourne Cup winner


Past Melbourne Cup fields

  • No. Silks Horse Trainer Jockey Barrier Weight Odds
    1 Gold Trip Melbourne Cup 2022 Gold Trip Ciaron Maher & David Eustace Mark Zahra 14 57.5kg $13
    2 Duais Melbourne Cup 2022 Duais Edward Cummings Hugh Bowman 10 55.5kg $21
    3 Knights Order Melbourne Cup 2022 Knights Order Gai Waterhouse & Adrian Bott Tim Clark 24 55.5kg $21
    4 Montefilia Melbourne Cup 2022 Montefilia David Payne Jason Collett 11 55.5kg $11
    5 Numerian Melbourne Cup 2022 Numerian Annabel Neasham Tommy Berry 7 55.5kg $61
    6 Without A Fight Melbourne Cup 2022 Without A Fight Simon & Ed Crisford William Buick 18 55.5kg $11
    7 Camorra Melbourne Cup 2022 Camorra Ben & JD Hayes Ben Melham 17 55kg $41
    8 Deauville Legend Melbourne Cup 2022 Deauville Legend James Ferguson Kerrin McEvoy 9 55kg $3.80
    9 Stockman Melbourne Cup 2022 Stockman Joseph Pride Sam Clipperton 2 54kg $34
    10 Vow And Declare Melbourne Cup 2022 Vow And Declare Danny O’Brien Blake Shinn 4 54kg $18
    11 Young Werther Melbourne Cup 2022 Young Werther Danny O’Brien Damian Lane 21 54kg $26
    12 Hoo Ya Mal Melbourne Cup 2022 Hoo Ya Mal Gai Waterhouse & Adrian Bott Craig Williams 15 53.5kg $21
    13 Serpentine Melbourne Cup 2022 Serpentine Robert Hickmott John Allen 23 53.5kg $61
    14 Daqiansweet Junior Melbourne Cup 2022 Daqiansweet Junior Phillip Stokes Daniel Moor 13 53kg $51
    15 Grand Promenade Melbourne Cup 2022 Grand Promenade Ciaron Maher & David Eustace Harry Coffey 1 53kg $61
    16 Arapaho Melbourne Cup 2022 Arapaho Bjorn Baker Rachel King 19 52.5kg $101
    17 Emissary Melbourne Cup 2022 Emissary Mike Moroney Patrick Moloney 3 51.5kg $21
    18 Lunar Flare Melbourne Cup 2022 Lunar Flare Grahame Begg Michael Dee 12 51.5kg $21
    19 Smokin' Romans Melbourne Cup 2022 Smokin’ Romans Ciaron Maher & David Eustace Jamie Kah 16 51.5kg $21
    20 Tralee Rose Melbourne Cup 2022 Tralee Rose Symon Wilde Dean Yendall 22 51kg $101
    21 Point Nepean Melbourne Cup 2022 Point Nepean Robert Hickmott Wayne Lordan 20 51kg $71
    22 High Emocean Melbourne Cup 2022 High Emocean Ciaron Maher & David Eustace Teo Nugent 8 50kg $51
    23 Interpretation Melbourne Cup 2022 Interpretation Ciaron Maher & David Eustace Craig Newitt 6 50kg $41
    24 Realm Of Flowers Melbourne Cup 2022 Realm Of Flowers Anthony & Sam Freedman Damien Thornton 5 50kg $15

  • Full 2021 Melbourne Cup field

    No. Horse Trainer Jockey Barrier Weight Odds
    1 Twilight Payment Joseph O’Brien Jye McNeil 2 58kg $11
    2 Incentivise Peter Moody Brett Prebble 16 57kg $2.50
    3 Spanish Mission Andrew Balding Craig Williams 14 57kg $9
    4 Verry Elleegant Chris Waller James McDonald 19 57kg $15
    5 Explosive Jack C Maher & D Eustace John Allen 4 54kg $51
    6 The Chosen One M Baker & A Forsman Damian Lane 5 54kg $61
    7 Delphi A & S Freedman Damien Oliver 3 53.5kg $41
    8 Ocean Billy Chris Waller Damian Thornton 13 53.5kg $101
    9 Selino Chris Waller Ron Stewart 24 53.5kg $151
    10 Johnny Get Angry Denis Pagan Lachlan King 22 53kg $101
    11 Knights Order G Waterhouse & A Bott Daniel Stackhouse 9 53kg $201
    12 Persan C Maher & D Eustace Luke Currie 11 53kg $31
    13 Carif P & P Snowden Blaike McDougall 8 52.5kg $201
    14 Master Of Wine Team Hawkes Fred Kersley 6 52.5kg $101
    15 Pondus Robert Hickmott Rachel King 1 52.5kg $41
    16 Grand Promenade C Maher & D Eustace Kerrin McEvoy 21 52kg $21
    17 Miami Bound Danny O’Brien Patrick Moloney 17 52kg $151
    18 Port Guillaume Ben & JD Hayes Harry Coffey 23 52kg $151
    19 She’s Ideel Bjorn Baker Craig Newitt 20 52kg $101
    20 Future Score Matt Cumani Dean Yendall 15 51.5kg SCR
    21 Tralee Rose Symon Wilde Dean Holland 12 51kg $17
    22 Floating Artist C Maher & D Eustace Teo Nugent 10 50kg $18
    23 Great House Chris Waller Michael Dee 7 50kg $31
    24 Sir Lucan G Waterhouse & A Bott Glen Boss 18 50kg $26

  • No. Horse Trainer Jockey Barrier Weight Odds
    1 Anthony Van Dyck Aidan O’Brien Hugh Bowman 3 58.5kg $8.50
    2 Avilius James Cummings John Allen 10 57kg $51
    3 Vow And Declare Danny O’Brien Jamie Mott 4 57kg $51
    4 Master Of Reality Joseph O’Brien Ben Melham 11 56kg $26
    5 Sir Dragonet C Maher & D Eustace Glen Boss 14 55.5kg $10
    6 Twilight Payment Joseph O’Brien Jye McNeil 12 55.5kg $31
    7 Verry Elleegant Chris Waller Mark Zahra 15 55.5kg $13
    8 Mustajeer Kris Lees Michael Rodd 2 55kg $101
    9 Stratum Albion Willie Mullins Jordan Childs 9 55kg $47
    10 Dashing Willoughby Andrew Balding Michael Walker 19 54.5kg $101
    11 Finche Chris Waller James McDonald 6 54.5kg $19
    12 Prince Of Arran Charlie Fellowes Jamie Kah 1 54.5kg $12
    13 Surprise Baby Paul Preusker Craig Williams 7 54.5kg $9.50
    14 King Of Leogrance Danny O’Brien Damian Lane 18 53.5kg SCR
    15 Russian Camelot Danny O’Brien Damien Oliver 16 53.5kg $13
    16 Steel Prince A & S Freedman William Pike 21 53.5kg $44
    17 The Chosen One M Baker & A Forsman Daniel Stackhouse 5 53.5kg $42
    18 Ashrun Andreas Wohler Declan Bates 24 53kg $23
    19 Warning A & S Freeman Luke Currie 8 53kg $51
    20 Etah James C Maher & D Eustace Billy Egan 22 52.5kg $201
    21 Tiger Moth Aidan O’Brien Kerrin McEvoy 23 52.5kg $8.60
    22 Oceanex M Price & M Kent jnr Dean Yendall 17 51.5kg $101
    23 Miami Bound Danny O’Brien Daniel Moor 21 51kg $41
    24 Persan C Maher & D Eustace Michael Dee 20 51kg $42

  • No. Horse Trainer Jockey Barrier Weight Odds
    1 Cross Counter Charlie Appleby William Buick 5 57.5kg $13
    2 Mer De Glace Hisashi Shimizu Damian Lane 2 56kg $9
    3 Master Of Reality Joseph O’Brien Frankie Dettori 1 55.5kg $26
    4 Mirage Dancer T Busuttin & N Young Ben Melham 13 55.5kg $34
    5 Southern France C Maher & D Eustace Mark Zahra 14 55.5kg $23
    6 Hunting Horn Aidan O’Brien Seamie Heffernan 11 55kg $46
    7 Latrobe Joseph O’Brien James Mcdonald 13 55kg $46
    8 Mustajeer Kris Lees Damien Oliver 6 55kg $21
    9 Rostropovich D & B Hayes & T Dabernig Dwayne Dunn 12 55kg $101
    10 Twilight Payment Joseph O’Brien Hugh Bowman 19 55kg $41
    11 Finche Chris Waller Kerrin McEvoy 4 54kg $41
    12 Prince Of Arran Charlie Fellowes Michael Walker 8 54kg $19
    13 Raymond Tusk Richard Hannon Jamie Spencer 3 54kg $23
    14 Downdraft Joseph O’Brien John Allen 15 53.5kg $20
    15 Magic Wand Aidan O’Brien John Allen 14 53.5kg $19
    16 Neufbosc D & B Hayes & T Dabernig Luke Nolen 23 53.5kg $251
    17 Sound Mike Moroney James Winks 10 53.5kg $126
    18 Surprise Baby Paul Preusker Jordan Childs 20 53.5kg $15
    19 Constantinople D & B Hayes & T Dabernig Joao Moreira 7 52.5kg $10
    20 Il Paradiso Aidan O’Brien Wayne Lordan 17 52.5kg $14
    21 Steel Prince Anthony Freedman Brett Prebble 16 52.5kg $71
    22 The Chosen One M Baker & A Forsman Tim Clark 18 52kg $71
    23 Vow And Declare Dan O’Brien Craig Williams 21 52kg $12
    24 Youngstar Chris Waller Tommy Berry 9 52kg $34

  • No. Horse Trainer Jockey Barrier Weight Odds
    1 Best Solution Saeed bin Suroor Pat Cosgrave 6 57.5kg $15
    2 The Cliffsofmoher Aidan O’Brien Ryan Moore 9 56.5kg $17
    3 Magic Circle Ian Williams Corey Brown 17 56kg $8.50
    4 Chestnut Coat Yoshito Yahagi Yuga Kawada 4 55.5kg $9.50
    5 Muntahaa John Gosden Jim Crowley 13 55.5kg $10
    6 Sound Check Mike Moroney Jordan Childs 16 55.5kg $67
    7 Who Shot TheBarman Chris Waller Ben Melham 18 55.5kg $8.50
    8 Ace High David Payne Tye Angland 22 55kg $11
    9 Marmelo Hughie Morrison Hugh Bowman 10 55kg $17
    10 Avilius James Cummings Glyn Schofield 11 54.5kg $13
    11 Yucatan Aidan O’Brien James McDonald 23 54.5kg $4.50
    12 Auvray Richard Freedman Tommy Berry 1 54kg $91
    13 Finche Chris Waller Zac Purton 15 54kg $26
    14 Red Cardinal Darren Weir Damien Oliver 5 54kg $34
    15 Vengeur Masque Mike Moroney Patrick Moloney 2 54kg $67
    16 Ventura Storm Hayes, Hayes & Dabernig Mark Zahra 7 54kg $34
    17 A Prince of Arran Charlie Fellowes Michael Walker 20 53kg $15
    18 Nakeeta Iain Jardine Regan Bayliss 3 53kg $81
    19 Sir Charles Road Sullivan & Scott Dwayne Dunn 14 53kg $101
    20 Zacada Forsman & Baker Damien Lane 24 53kg $126
    21 Runaway Waterhouse & Bott Stephen Baster 12 52kg $34
    22 Youngstar Chriss Waller Craig Williams 8 51.5kg $21
    23 Cross Counter Charlie Appleby Kerrin McEvoy 19 51kg $9
    24 Rostropovich Aidan O’Brien Wayne Lordan 21 51kg $21


Best bookmakers for Melbourne Cup futures odds

2023 Melbourne Cup betting odds

Verry Elleegant
Verry Elleegant winning the 2021 Group 1 Melbourne Cup (3200m). Photo: Bruno Cannatelli

The 2023 Melbourne Cup odds look like this:

Odds for the 2023 Melbourne Cup

Flemington - Race 7
Lexus Melbourne Cup
Status: Final
Track Rating: Good4
Weather: Overcast
AUS
3200m03:00pm - Tue 7th Nov
1. Gold Trip
Ciaron Maher & David Eustace
Best odds atSportsbet
2. Alenquer
Michael Moroney
Best odds atSportsbet
3. Without A Fight
A & S Freedman
Best odds atSportsbet
4. Breakup
Tatsuya Yoshioka
Best odds atSportsbet
5. Vauban
Willie Mullins
Best odds atSportsbet
6. Soulcombe
Chris Waller
Best odds atSportsbet
7. Absurde
Willie Mullins
Best odds atSportsbet
8. Right You Are
Ciaron Maher & David Eustace
Best odds atSportsbet
9. Vow And Declare
Danny O'brien
Best odds atSportsbet
10. Cleveland
Kris Lees
Best odds atSportsbet
11. Ashrun
Ciaron Maher & David Eustace
Best odds atSportsbet
12. Daqiansweet Junior
Phillip Stokes
Best odds atSportsbet
13. Okita Soushi
Joseph O'brien
Best odds atSportsbet
14. Sheraz
Chris Waller
Best odds atSportsbet
15. Lastotchka
Mick Price & Michael Kent Jnr
Best odds atSportsbet
16. Magical Lagoon
Chris Waller
Best odds atSportsbet
17. Military Mission
G Waterhouse & A Bott
Best odds atSportsbet
18. Serpentine
G Waterhouse & A Bott
Best odds atSportsbet
19. Virtuous Circle
Liam Howley
Best odds atSportsbet
20. More Felons
Chris Waller
Best odds atSportsbet
21. Future History
Ciaron Maher & David Eustace
Best odds atSportsbet
22. Interpretation
Ciaron Maher & David Eustace
Best odds atSportsbet
23. Kalapour
Kris Lees
Best odds atSportsbet
24. True Marvel
Matthew Smith
Best odds atSportsbet

Complete Melbourne Cup odds available at Ladbrokes.

Bet365 offer a wide range of racing futures bets, including the 2023 Melbourne Cup. With great futures prices and an easy-to-use website, Bet365 are one of the world’s best bookmaking firms.

Bet365 is one bookmaker you can trust to provide year-round markets on the race that stops a nation.


2023 Melbourne Cup futures odds

Note: Keep an eye on this page for updated odds and odds comparison from the biggest bookmakers.

Remember the value futures punters will receive, given the favourite before the running of the Cup usually jumps at between $5-$10.

Most online bookmakers provide fixed odds for more than 100 possible horses that could squeeze into the 24-runner field.


The disadvantages of futures betting

We have highlighted the reasons why futures betting can be rewarding, but punters must be aware of the pitfalls and risks that also apply:


  • When you place a futures bet, your money is tied up in that market for a long period of time, therefore, don’t expect a quick payout when placing a futures bet. Betting into a futures market can be good for a big payout off a small investment, which appeals to the smaller bankrolls, but the larger players tend to want a quicker payout.
  • Odds can change, sometimes in your favour, but sometimes not. If you back a horse at $31 and it starts the race at $51, then you’re flat out of luck. It’s tough to predict what a horse will pay on the day of the race, so be wary of the factors that adjusts a horse’s starting price.
  • It seems obvious, but you can’t play multiples or exotic futures bets. All futures bets are either for the win or at an each way basis. Due to an unknown pool size, you can’t take bets such as quinella or trifecta in the futures market.