Horse races are extremely popular in Australia, as 1.2 million bettors wagered on horse racing during 2018-2019.
With 23 horses competing in the 2021 Melbourne Cup, placing the right bet is no easy feat. So, before heading down to your favourite sportsbook or opening your go-to betting app, read through what form analysts have to say for this year’s race.
Namely, Incentivise ($3) will beat his competitors over 3200 meters, however at very short odds. Furthermore, last year’s champion Twilight Payment ($13) and USA’s Spanish Mission ($10) are also among favourites.
Floating Artist ($14) is expected to have thinner chances in the annual competition, whereas Explosive Jack ($34) is more likely to win, as he will be competing on his favourite dry track this time.
To learn how much you stand to collect from your bets, you can always visit the comprehensive guide to Australian horse racing bet types, including win, place, doubles, quinella, trifecta, quadrella, and parlay betting types.