THE Melbourne Cup is just around the corner and in arguably the hardest race to predict on the Australian racing calendar, any way you can extend your margin of error is like gold for punters.
Smart bookmakers like Sportsbet know the importance of making its customer’s dollars count, which is why the company has opened extended markets for the race that stops a nation.
The regular win and place bets will be available for the race, but anyone wanting to give themselves a little bit more insurance heading into tomorrow’s big one can bet on their horse to finish inside the top five or top 10.
We took a look at the best horses you should bet on in each market to make yourself some cash on the most important day in Australian racing.
All odds for top five and 10 markets were provided by Sportsbet, which is offering punters cash back in the form of bonus bets up to the value of $25 if your fixed odds win bet runs a place in the first and second race as well as the feature event on Melbourne Cup day
Best options for the top 5 betting market in the Melbourne Cup
Safe as houses – Almandin at $1.70
Last year’s Cup winner comes into the race that stops a nation as the deserved favourite to go back-to-back, and there is no reason why the galloper can not become the first horse since Makybe Diva to go back-to-back.
The lead-in form is good, the horse has no issues seeing out the trip and it has taken out the race in the past. Lock the gelding in.
Not without a chance – Humidor at $2
The Darren Weir-trained Humidor’s class can never be doubted, but its ability to run out the 3200m is a huge query going into Tuesday.
Weir himself said he’s unsure if the Makybe Diva Stakes winner will be able to see out the trip, but did state the horse is in good order coming into the Melbourne Cup.
The unknown makes it hard to take outright, but Humidor’s class alone makes it hard to overlook in top five betting markets.
Best long-shot – Tiberian at $5.50
The French galloper Tiberian has been one of the overlooked international runners coming into the Cup, but we are not entirely sure why.
The horse is one of the more versatile runners in the race, and a win the Cup would see it register a fifth win from six attempts.
Tiberian looks well over the odds at the $5.50 mark to finish in the top-five, but don’t ask questions, just get on.
Best options for the top 10 betting market in the Melbourne Cup
Safe as houses – Big Duke at $2
Another Weir-trained runner that has good form leading into this race, but unlike its stablemate Humidor, Big Duke has seen out the 3200m prior to Tuesday’s race.
Placing in this year’s Sydney Cup boosts our confidence that Big Duke will be a player here, and at even money to finish inside the top 10, the horse seems like a great betting option heading into Tuesday.
Not without a chance – Cismontane at $4
Gaining entry via the Lexus Stakes on Derby Day, the Waterhouse and Bott stayer Cismontane produed a gallant staying performance to hold off a number of runners surging to the line.
Earning itself a place in the Melbourne Cup by winning, Gai Waterhouse believes that this horse is a huge chance to salute, and the Lexus Stakes winner often going on to run in the first half of the field in the big one just three days later.
This is our favourite top 10 betting option of the Cup and we are predicting a bold front-running display from the plucky galloper.
Best long-shot – Single Gaze at $4
If Single Gaze does not get you up and about as a racing enthusiast then we’re not sure you love the sport of kings.
The five-year-old mare does not know how to give up, and since debuting in November of 2014, the horse has finished outside the top-10 just once in its entire 28 start career.
The second placing in the Caulfield Cup was enormous and we were absolutely blown away that Single Gaze is at this price to run in the top-10 for the 28th time in its career, but it is best to just shut up and roll on with your bets.