Melbourne Cup: Early Market Tips & Trends

The Melbourne Cup is a Group 1 race held over a distance of 3200 metres at Flemington Racecourse with total prizemoney of $7.75M. It attracts runners from all over the world, with the biggest stables and trainers sending their horses to Australia for the prestigious event.  

The Melbourne Cup 2022 will be run on Tuesday 1st November as part of the Melbourne Spring Carnival and is the feature event of the Melbourne Cup week. 

Melbourne Cup Recent Trends 

Male horses have dominated the Melbourne Cup in recent year. 15 of the last 17 winners have been male horses with Verry Elleegant (2021) and Makybe Diva (2003-2005) the only mares to have defeated the boys. Both mares are superstars of the turf with multiple Group 1 wins to their names further indicating the difficulty that female horses have in winning the race. 

When Irish stayer Vintage Crop won the Cup in 1993 the floodgates opened with overseas horses making the trip for the riches of the race. In recent times, Northern hemisphere stayers have dominated the race with three of the last five winners trained in Europe. A number of other winners have been bred in Europe and bought by Australian owners to target the Cup. 

Melbourne businessman Lloyd Williams has a great record in the Cup, owning shares in seven winners. He has made an artform of importing horses for the great race. It is not unusual to see multiple runners carry his navy blue and white silks around the Flemington circuit on race day. 

Melbourne Cup Final Field  

The Melbourne Cup field is set at a maximum of 24 runners each year, with the field filled to capacity and some hard luck stories from connections that narrowly miss the final field. Due to the maximum field size of 24, there are no emergencies in the race, meaning that any scratchings are not replaced after the final field is declared.

Winners of the Caulfield Cup, WS Cox Plate, Hotham Handicap, Andrew Ramsden Stakes and The Bart Cummings all earn automatic entry into the Melbourne Cup field if they have nominated.

Melbourne Cup Form Guide 

The handicap conditions and capacity field can make it difficult to weigh up the form of each runner. The influx of overseas raiders with more unorthodox preparations for the race in recent years, has also added an extra dimension to completing the form, with some horses not having a run in Australia before the race.

The Hotham Handicap, Moonee Valley Cup, WS Cox Plate, and Caulfield Cup provide the best form reference for Australian horses heading into the Melbourne Cup. Bettors should look for gallopers running on strongly from back in the field in those races as Melbourne Cup chances. 

Melbourne Cup 2022 Tips 

Based on recent trends, bettors are looking for a 4yo or 5yo male horse to win the Melbourne Cup. Incentivise showed enormous improvement last year when going from a Toowoomba maiden to finishing second in the Melbourne Cup. He will be a 5yo contender and reaching his peak. He looks the best of the local chances. 

The Lloyd Williams owned Irish import Hosier won his first four Australian starts before heading out for a spell. He is now a 5yo and Williams believed that he is a Cup contender. His profile is similar to a number of recent winners and he is great chance this year. 

Of the overseas chances any horse that makes the trip from the Joseph O’Brien stable must be respected O’Brien has prepared two of the last four winners and has the knack of knowing which one of his stayers to bring down under. 

Melbourne Cup Tips & Previews 

Palmerbet provide free horse racing tips and horse racing predictions as well as updated betting markets, breaking news and information about the Melbourne Cup for 2022. They offer a variety of betting markets on the Melbourne Cup including exotics and you can bet either pre-post or on the day. 

The Palmerbet Blog is a great source for free expert betting tips, betting previews and up to date betting odds as well as the all-important horse racing predictions. 

Palmerbet is your one stop for all your online racing betting tips as well as racing and sports online betting in Australia. Visit their website at or download the Palmerbet app via the app store.

Christopher Stern

Christopher Stern is a Washington-based reporter. Chris spent many years covering tech policy as a business reporter for renowned publications. He has extensive experience covering Congress, the Federal Communications Commission, and the Federal Trade Commissions. He is a graduate of Middlebury College. Email:[email protected]

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