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This article is what you are looking for if you want more information about the bet365 Melbourne Cup, the upcoming major Australian horse race.
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The Melbourne Cup, also known as the race that stops the nation, is an annual horse race held on the first Tuesday of November in Melbourne, Australia. The Cup began in 1861 and became famous due to its long history and wagering on the outcome.
In addition to being one of Australia’s most notable horse races, it has become an international draw, with people from all around the world placing bets on their favourite horses or participating in the parade.
What Does Bet365 Operator Offer?
Bet365 is one of Australia’s most popular online betting sites because the bookmaker has something great in store for existing customers.
They always have some of the best betting markets and fun special offers.
Great Selection of Odds
How to Bet on Melbourne Cup 2022 with Bet365
Here is what you need to do to make the most of your money when betting on Bet365. First and foremost, you’ll need to sign up and open an account if you still need to do so.
- Navigate to the “Horse Racing” section on the bet365 spp or site.
- Search for Melbourne Cup in the list of available races.
- Go through the available betting markets and select the desired one.
- Select the preferred odds to add them to the bet slip.
- Enter the stake.
- Tap “Place Bet.”
In summary, the entire process is easy. For example, if you want to place a betting combination (both to win and show), the above tips should help, and the ‘E/W’ box can be seen on the bet slip.
How to Win with Place Bets
When it comes to betting on the Melbourne Cup, picking the winner can be difficult. Remember: you’re dealing with a huge field of 24 of all very high-quality horses. In addition, there are many aspects to consider, such as weight, barrier draw, previous race results, jockey, and more.
It’s not unusual for people to place a bet on their horse to run in the top three (place bet). However, because Melbourne Cup betting pools are so large, you can still find some decent odds. So there is a lower risk but also a lower probability.
Because of the large field size, many horses compete for relatively few places, which increases Place dividends.
However, the odds reflect the difficulty of finding one of the first three. Therefore, it is still easier to pick the winner of the Cup and is a good bet type if you want to increase your chance of winning but with a lower return.
Tote vs. Fixed odds
There are two types of Win bets for punters betting on the Melbourne Cup: tote and fixed odds.
When you back a horse with a tote price of $10, you may not receive the same odds at the close of betting, as the money goes into a pool, and the odds are unknown until after the race.
The odds could alter depending on how much money is wagered on that horse between when you placed the bet and when the betting closes.
Prices in the pool may be misleading if there is not much money. This applies to Melbourne Cup tote odds. The price of a horse starts with all bets being placed within a few hours of the start time at 3 pm.
Fixed odds betting is offered before the Melbourne Cup field is finalized; these betting markets are called Early Markets, Feature Markets, or Ante-Post and are considered all-in bets.
Sports betting in such markets is a good way for people who want to bet on a runner to find better values than scratch betting. Regardless, you do not get a refund if your chosen runner is scratched. Hence, the term “All In.”
Once the field for the Cup is finalized, the regular fixed odds rules apply. Scratchings will result in deductions, and if your runner is scratched or declared a non-runner, your bet will be refunded.
Fixed Odds Betting
Placing a bet on a fixed odds market guarantees the price. For example, let’s say a horse was $10; if you bet $10, you will get the same amount regardless of whether the odds shorten or increase by the time the race starts.
Sometimes the odds of the game will change. For example, those odds would change if a gambler created more than one bet for one player.
Betting on Melbourne Cup 2022
People can’t wait for the next edition of the Melbourne Cup 2022. It will take Place on November 1 at Flemington Racecourse.
There will be an $8 million 3200 meter handicap for three-year-olds and up, with 24 runners in the full field.
It is a point of inspiration to emulate greats such as Makybe Diva, the only mare to win the race twice and the only horse to win the Cup three times, doing it between 2003 and 2005.
Very Elegant won last year’s race before she left for France. Kingston Rule, trained by Bart Cummings, broke the Cup record in 1990 by winning in 3:16.3, an amazing time up to this day.
As lead-up races for 2022 happen, these are the three to watch closely for now: Alegron, Deauville Legend, and Hoo Ya Mal. Plenty will change before November 1, though.
This Godolphin runner, trained by James Cummings, has some important form and could be the best of the home team. The important thing is that he stays healthy and scores at Flemington.
Deaville Legend dominated the historic Great Voltigeur at York this past August, despite being one of the English trainers’ horses.
However, as he’s inexperienced, he may struggle to carry the weight, and the track will not be the smoothest course.
The German-trained Loft was a real-world traveller. Unfortunately, his recent performances in England have been mediocre. Before that, he scored in Group 2 in Germany and America.
Types of Melbourne Cup Betting Markets Available on bet365
Lots of online gambling sites provide you with Melbourne Cup betting odds. But at bet365, you’ll get the best.
It features not only typical stores but some exotic ones, too. So the odds of getting what you need here are quite competitive.
bet365 Melbourne Cup Live Stream
In the In-Play section, this fantastic bookmaker offers all the available Melbourne Cup live betting markets.
A selected number of races will be available for live streaming. It’s best to check availability and eligibility from the brand’s website.
Stream your favourite sports on mobile, tablet, and desktop, including soccer top divisions, tennis Grand Slams, and horse races from Australian, UK, and Irish tracks. Having a funded account or placing a bet within the last 24 hours is all that is required.
Disclaimer: “Watch Live Sport: You can watch live sport on your mobile, tablet or desktop including Soccer, Tennis and Basketball. All you need is a funded account or to have placed a bet in the last 24 hours to qualify. Geo location and live streaming rules apply.”
Frequently Asked Questions
What Types of Odds are Offered?
The bet365 Melbourne Cup odds are available under the Horse Racing section, under the 2022 Melbourne Cup. They are available for win, Place, exotic, each way, and other markets.
What are the Different Odds?
On bet365’s website and app, customers can find ante-post and live Melbourne Cup odds. The former is especially appealing in the days leading up to the race.
What should I be Aware of?
Players must remember that horse odds frequently change as the race nears, especially if a horse gets scratched for any reason. That’s why it’s smart to check the standings frequently.
Should I Bet on the Favourites or the Outsiders?
We call them the underdog because there are many instances where the upstarts will surprise everyone and walk away with a victory.
Because of this, it’s best to explore every available resource, such as odds, prior occurrences, records, etc., before placing your bets.
How are the 2022 Melbourne Cup Favourites Determined?
Assigning odds to horses, online bookmakers consider the form, handicap, trainer/jockey, the amount of support, etc. They consider the form, handicap, trainer/jockey, and support when assigning odds.
What Are the Highest Odds for a Melbourne Cup Winner?
Over the past few years, four horses with odds of 100 to 1 have won the Melbourne Cup, a horserace. The last horse to do so was Michelle Payne in 2015. She was the first female to win the race and had 100 to 1 odds.
Australian horse racing fans will enjoy the wide array of betting options from bet365, including extensive information on horse races and an array of options when placing bets. This company can be considered the gold standard for online horse betting in Australia.
“This content is based on a personal experience of the bet365 platform. It is updated on a regular basis but details are subject to change. Always refer to the bet365 website or app for the latest information.”