Verry Elleegant won the 2021 race at Melbourne Cup odds of $18. 

Melbourne Cup odds are some of the most sought after racing markets in the world with the ‘race that stops’ a nation running at Flemington Racecourse of the first Tuesday of November each year.

The 2021 Melbourne Cup odds will change based on factors such as how horses run in prep races, any injuries the top contenders take, and the weights assigned to each runner. Punters who keep on top of the information can use it to make smarter bets.

2021 Melbourne Cup Odds

The Melbourne Cup 2021 odds on the final 24 horse Melbourne Cup Field will firm once final acceptances close on Victoria Derby Day 2021.

The 2021 Melbourne Cup odds will change many times in the lead up to the race, but you will get the best odds by betting early.

In the pre-nomination Melbourne Cup betting odds the favourites can be found at prices of $20 and over making this a very lucrative way to punt on the world’s richest handicap.

Of course once the 2021 Melbourne Cup nominations are taken in late August the Melbourne Cup odds will become shorter.