2023 Melbourne Cup top 5 & 10 betting tips

November 6, 2023 4:57 pm.

The 2023 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 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.

This year several horse racing bookmakers like Ned and Ladbrokes are offering bets for horses to run in the top 5, or in the top 10 horses across the line first.

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.

Best options for Top 5 betting market in the Melbourne Cup

2. Alenquer (9)

T: Michael Moroney
J: Damien Oliver
W: 56.5kg
F: 00×059
Age: 6YO
Color: Bay
Sex: Gelding
Sire: Adlerflug (GER)
Dam: Wild Blossom (GER)

+5000
9.25

3. Without A Fight (16)

T: Anthony & Sam Freedman
J: Mark Zahra
W: 56.5kg
F: x11x61
Age: 7YO
Color: Brown
Sex: Gelding
Sire: Teofilo (IRE)
Dam: Khor Sheed (GB)

+600
2.80

5. Vauban (3)

T: Willie Mullins
J: Ryan Moore
W: 55kg
F: 34211x
Age: 5YO
Color: Chestnut
Sex: Gelding
Sire: Gallway (GB)
Dam: Waldfest (IRE)

+240
1.60

8. Right You Are (15)

T: Ciaron Maher & David Eustace
J: John Allen
W: 53kg
F: 1×2505
Age: 7YO
Color: Bay
Sex: Gelding
Sire: So You Think (NZ)
Dam: Leica Ding (NZ)

+7000
16.00

13. Okita Soushi (20)

T: Joseph O’Brien
J: Dylan Gibbons
W: 51.5kg
F: 115130
Age: 6YO
Color: Bay
Sex: Stallion
Sire: Galileo (IRE)
Dam: Amicus (UNR)

+7000
16.00

Alenquer is quote at +550 in top 5 Melbourne Cup betting, while Without A Fight and Vauban are right at the top of the Top 5 betting markets at -111.11 and a -181.82 respectively.

Right You Are is priced the same as Alenquer at +550, while Okita Soushi is +900 in top 5 betting.

Best options for Top 10 betting markets in the Melbourne Cup

If you are going to have a punt on the 2023 Melbourne Cup Top 10 betting market, you’ll need to go wide to find reasonable odds, given almost half the field will finish in the top 10.

14. Sheraz (22)

T: Chris Waller
J: Beau Mertens
W: 51.5kg
F: 1×2341
Age: 7YO
Color: Bay
Sex: Gelding
Sire: Sea The Stars (IRE)
Dam: Shemiyla (IRE)

+12500
23.00

18. Serpentine (1)

T: Gai Waterhouse & Adrian Bott
J: Jye McNeil
W: 51kg
F: 129243
Age: 7YO
Color: Chestnut
Sex: Gelding
Sire: Galileo (IRE)
Dam: Remember When (IRE)

+6000
10.00

23. Kalapour (14)

T: Kris Lees
J: Zac Lloyd
W: 50kg
F: 3L7331
Age: 7YO
Color: Bay
Sex: Gelding
Sire: War Command (IRE)
Dam: Daldiyna (FR)

+5000
11.00

Sheraz will go around in the mMelbourne Cup as a +240 chance to run in the first 10 horses home for trainer Chris Waller.

Both Serpentine and Kalpour will be sent out as $2.25 chances to run in the top 10.

The 2023 Melbourne Cup will be one of the biggest betting events of the year. Australian gamblers are spoiled for choice nowadays when it comes to online betting options, but the question remains: which bookmaker offers the best Melbourne Cup betting odds?

Best odds at 2023 Melbourne Cup betting sites

All of the online bookmakers featured on HorseBetting.com.au offer competitive prices for every runner in the 2023 Melbourne Cup betting market. Check out the table below to compare the latest 2023 Melbourne Cup odds for your favourite horses.

Best bookmakers for 2023 Melbourne Cup odds

HorseBetting.com.au only features Melbourne Cup betting sites that offer quality products, great value and top-shelf customer service. Check out the links below to find out more and get started.