Caulfield Cup is a premier horserace held yearly every October in Melbourne. The 2,4km race with the $5 million purse is the most profitable race of that distance worldwide. It’s one of the most prestigious races after the Melbourne Cup. The Caulfield Thoroughbred race is held under handicap system. The Melbourne Racing Board which is responsible for major horse races is in the process of changing the race from a handicap race to a weight for age race, this will alter the odds in the competition and change how punters wager on the races.
Below we’ve listed New Zealand’s best race books with the top odds for Caulfield Cup betting markets. We have compiled a few tips to help punters bet on the thoroughbred race.
Bet on the Caulfield Cup at New Zealand Race bookS
Betting on the Caulfield Cup
To bet well on the Caulfield Cup, punters must know the qualification process. Once they know how well the horses and jockeys did in the qualifying rounds, they can better predict the odds of the horses’ performance in the Cup. In other horse races, the fact that a jockey and horse have won is a significant sign of guaranteed win in the next race. However, the Caulfield Cup is one of the most unpredictable races, which is what makes it so interesting. In the past 20 years only one jockey has won the cup twice, Craig Williams in 2011 and 2012
Best Bets to Place on the Caulfield Cup
There are a range of horse racing bets punters can place on the Cup. Beginners can go for basic bets until they are comfortable with more complex exotic bets.
- The classic three basic horse racing bets Win, Show and Place are the simplest bets.
- There are five types of exotic single race bets Exacta, Quinella, Trifecta, Superfecta and Hi-5
- Multi race Exotic bets are Daily double, Pick 3, Pick 4, Pick 5 and Pick 6
The exotic bets are more complex and have more variables. However, when you understand each of the unique horse racing bets it is easier to try out the riskier higher pay-out bets. Our main horse raving section explains the different bets in depth.