Online Caulfield Cup Betting in Australia
Australians love all horse race betting, but the big tourneys are something really special. One of the biggest is the Caulfield Cup, which offers the typical online sports betting options and some more unique and exotic wagers as well. We have provided a guide to Caulfield Cup betting here.
The Caulfield Cup is an annual horse race that was first run in 1879 and has grown more popular every year. It is organised by the Melbourne Racing Club and is run in October as part of the Spring Carnival festivities. It is run before the Melbourne Cup and is often used as a precursor for this event. The performances of the horses and riders in the Caulfield Cup are usually a good indication of how they will do with the Melbourne Cup.
For horses to be eligible to run in this race, they must be at least three years old. It is held on the Caulfield Racecourse and is 2400 meters long. As one of the richest purses in Australian horse racing, with $2.5 million dollars at stake, Caulfield Cup betting is potentially very lucrative.
All of the familiar betting possibilities are open to punters in the Caulfield Cup, but there is also a unique opportunity to make double bets with the Melbourne Cup bets. This is one of the main reasons that punters look forward to this racing series each year, and quite a few horses have won the Caulfield and the gone on to win the Melbourne Cup. These Cups Double winners include some of the most famous race horses of all time, such as Let’s Elope and Ethereal. With this rich history, it’s not surprising that so many bookmakers offer doubles betting for combination bets between the two cups.
Other than these unique opportunities, typical Caulfield Cup betting options include the following:
- A Win bet is suitable for experts and novices, and simply involves naming the race winner
- Like a Win, a Place is another straight bet and involves punters choosing which horse will come in second or third
- In an Each Way bet a Win and a Place are both bet on
- An Exacta wager requires you to choose first and second place winners in their right order. A Trifecta is the same, but requires you to name the horses who will fill the first three spots. This is a very difficult bet, but the potential rewards are also very handsome
- A Quinella is like an Exacta except that the order of the horses doesn’t matter
Punters in Australia and across the rest of the world all watch the odds of this legendary horse race before they place any bets. Besides having such a huge purse of its own, standings for this race influence the Melbourne Cup greatly, which adds even more excitement to proceeding. It’s a good idea to keep checking the odds up until the last minute and place your bets as late as you can, as the Cup has a history of dramatic incidents that have really affected the outcome. This is especially true if a favourite steed scratches, meaning it does not compete for some reason. Horse racing is without a doubt one of the most exciting sports to watch.
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The Cream of Racing Crop
With its heady mix of huge wins, exciting bets and general Spring Carnival excitement, the Caulfield Cup betting is a treat in every way. Serious expert and novice punters often view Caulfield Cup betting as a calendar highlight, and after trying it you may very well feel the same.