The Melbourne Cup holds a special place in Australian folklore, particularly for those of us who are born and bred in Victoria. It is a part of who we are. It is un-Australian to not have a bet in the Cup, even if it just takes place in the form of a sweep in the office, or at home with a gathering of friends or family.

Last year, we saw Without A Fight get up, and pay $9 for the win and $3.30 for a place. The third placegetter, Sheraz, paid a whopping $21 for a place.

It reinforced the idea that any horse can run top three, and every ticket could be a winner. In 2022, Gold Trip paid $21 for the win. The placegetters, Emissary and High Emocean, jumped at a starting price $26 and $41 and paid healthy place dividends accordingly.

The year before, Verry Elleegant saluted and paid $16 for the win. Twilight Payment, who won in 2020, was 25-1. Who can forget Michelle Payne steering Prince of Penzance to victory at 100-1? It really is a race that any horse can win on the day, with the right jockey and the right run.

For more previews, best bets, bookmaker comparisons and more, head on over to Roar Racing. We all love backing the winner, and even finding a place-getter can be a thrill. Look at Makybe Diva’s three Melbourne Cups for instance.

In 2003, the two placegetters were both 40-1. In 2004, Zazzman ran third at 100-1. And in 2005 we saw On a Jeune run second at 70-1.

A $10 place bet on any of those horses would have collected much more than a win bet on the legendary mare. The.