The odds given to the runners of the Caulfield Cup are determined by bookmakers in consideration of a number of different factors. How the horses perform in the key lead-up races to the Caulfield Cup has the most affect on their Caulfield Cup odds. Races including the Underwood and Turnbull Stakes, the Caulfield Guineas and the Caulfield Thousand Guineas are usually the best guide to the runners’ form before the Caulfield Cup. There are other quality races, held outside of the Spring Carnival that can also improve a horse’s potential for success in the Caulfield Cup, including the South Australia Derby Stakes and the Queensland Oaks. The Caulfield Cup odds for contenders who win or place in these races will usually be shortened accordingly. Caulfield Cup betting is always very competitive and something that needs to be taken seriously in order to be profitable.

Trends and statistics of the previous winners also play a part in determining the Caulfield Cup odds at sites like Ladbrokes.com.au. For example, only two international horses in the race’s history have won the Caulfield Cup, so unless an overseas entry is a real champion with a near-perfect race record, their odds will not be as favourable as an Aussie contender with a similar record.

Of course, the best place to put down your wagers on any Australian horse racing event is through an online betting site. The list of odds is endless, covering all your Caulfield Cup betting odds, tips and horse bets to the Melbourne Cup. Plus, the amount of money to be won on these prestigious racing events is surprising. When coupled with a few good Caulfield Cup bets or Melbourne Cup tips, a smart wager through an online bookmaker can really pay off for the Melbourne Cup.