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Caulfield Cup Betting

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The Caulfield Cup betting market is among the most popular and heavily contested in Australian racing, with punters from around the world wagering on one of the crown jewels of the Melbourne Spring Racing Carnival. Run over 2400 metres at Caulfield Racecourse, the prestigious Group 1 Caulfield Cup attracts a world-class field of local and international stayers, creating a fascinating betting landscape that begins months before race day and continues right through to the jump.

From early Caulfield Cup futures betting and all-in markets to final field odds, market movers, and race day wagering opportunities, the betting markets provide valuable insight into which runners are attracting support and shaping as genuine winning chances.

On this page, you’ll find the latest Caulfield Cup betting odds, market trends, favourites, and historical betting statistics, along with expert analysis of the runners, barriers, weights, and key lead-up form. Whether you’re looking for the current Caulfield Cup favourite, searching for value in the market, or researching proven betting trends, this guide covers everything you need to know about Caulfield Cup betting ahead of one of Australia’s richest and most prestigious handicap races.

2026 Caulfield Cup Betting Odds

The latest 2026 Caulfield Cup betting markets will be listed below during the season with the Caulfield Cup odds provided by Ladbrokes.

Caulfield Cup 2026 Odds

Caulfield R9 – Sportsbet Caulfield Cup Hcp (G1)
Open Race time: 
1. Half Yours (7)
J: Mark Zahra 57.5kg
44×65 T: Tony & Calvin Mcevoy
Third-up today and won third-up previously. First-up eased back early on 6th of 10 in the G1 Makybe Diva Stakes at Flemington on September 12 over 1600m, 4.5 len behind Sheza Alibi with 59kg at $51. Last start 5th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, in the wet; 6 len behind Cosmic Crusader with 59kg at $16. Last year’s winner, suited up in trip and can figure despite big weight.
2. Cosmic Crusader (17)
J: William Pike 56kg
11321 T: Andrea Leek
Most recently won by 1.75 len in the G1 Turnbull Stakes at Flemington on October 3 over 2000m in the wet defeating Light Infantry Man with 58kg at $8. Before that made some head-way from midfield; 2nd of 8 in the G1 Underwood Stakes at this track on September 19 over 1800m, 1.75 len behind Birdman carrying 59kg at $2.25. Lovely profile through top races, if he stays the trip he just about wins.
3. Treasurethe Moment (5)
J: Daniel Stackhouse 55.5kg
x4025 T: Matt Laurie
Most recently ran second last in a small field in the G1 Might And Power Stakes at this track on October 10 over 2000m, 4.5 len behind Land Legend carrying 57kg at $12. Before that 2nd in a small field in the G2 John F Feehan Stakes at this track on September 27 over 1600m, 1.5 len behind Pride Of Jenni with 57kg at $8. Battled last week, she’s a class mare but queries on how she’s going.
4. Kingswood (20)
J: John Allen 55kg
5×144 T: Gavin Bedggood
Form hard to fault. At the latest run 4th in a small field in the G1 Might And Power Stakes at this track on October 10 over 2000m, 1.75 len behind Land Legend carrying 59kg at $12. The start before that sat on the speed and boxed on steadily 4th of 8 in the G1 Underwood Stakes at this track on September 19 over 1800m, 4.5 len behind Birdman carrying 59kg at $16. Don’t mind the backup from last week, should be staying on well.
5. Knight’s Choice (22)
J: Robbie Dolan 55kg
8×093 T: J G Symons & S Laxon
At the latest run 3rd of 13 in the G2 Herbert Power Stakes at this track on October 10 over 2400m, head behind Pinhole carrying 56kg at $7. Before that 9th of 16 in the G3 Naturalism Stakes at this track on September 19 over 2000m, 2.5 len behind Zahrann carrying 59kg at $81. Going well, draws makes it tough.
6. Middle Earth (11)
J: Thomas Stockdale 55kg
1×878 T: Ciaron Maher
Most recently 8th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on a wet track; 10 len behind Cosmic Crusader carrying 56kg at $31. The start before that ran second last of 8 in the G1 Underwood Stakes at this track on September 19 over 1800m, 6 len behind Birdman carrying 59kg at $61. Getting to right trip now but still inclined to risk.
7. Enfjaar (1)
J: Ray Dawson 54.5kg
x381x T: Roger Varian
Gelding returning from a spell and has won previously when first up. Finished off last campaign by 1.3 len Goodwood G3 Glorious Stks August 1 over 2414m defeating Opportunity with 58.5kg at $9. First up last campaign third of 9 at Goodwood in the LR Festival Stks May 22 over 2011m, 0.8 len behind Boiling Point with 58.5kg at $5. Highly credentialed raider off a strong win, huge chance.
8. Green Spaces (18)
J: Rachel King 54.5kg
x8604 T: Bjorn Baker
At the latest run 4th of 9 in a G2 The Metropolitan at Randwick on October 3 over 2400m, slow going 5 len behind Juja Kibo carrying 56.5kg at $10. The race before that 11th of 14 in the G2 Kingston Town Stakes at Randwick on September 19 over 2000m, 5.5 len behind The Euphrates carrying 58kg at $10. Derby winner ready to peak and can get into the finish at odds.
9. Royal Supremacy (8)
J: Jamie Spencer 54.5kg
31×91 T: Ciaron Maher
Third-up today and won third-up previously. Resuming 9th of 16 in a LR Heatherlie Stakes at this track on August 29 over 1700m, slow going 6 len behind Kingswood carrying 60.5kg at $31. Last start favourite; won by 0.8 len in the G3 JRA Cup at this track on September 27 over 2000m defeating Future History with 60kg at $4.80. Had favours latest but is going well and can figure.
10. Wine Dark Sea (19)
J: Damian Lane 54.5kg
1151x T: Harry Charlton
Has won previously first-up and resumes here after a break of nine weeks. Finished off last preparation by 1.5 len Newbury G3 Geoffrey Freer August 15 over 2715m defeating Tabletalk with 61kg at $4.50. Previous preparation first-up won by 2 len Ascot May 9 over 2414m defeating Bulletin carrying 54kg at $17. Talented raider, the booking of D Lane is a huge positive.
11. Asterix (10)
J: Beau Mertens 53.5kg
1×530 T: Chris Waller
At the latest run ran last of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on rain affected going; 43 len behind Cosmic Crusader carrying 56.5kg at $71. The start before that ran on from midfield; 3rd of 16 in the G3 Naturalism Stakes at this track on September 19 over 2000m, 1.3 len behind Zahrann carrying 58.5kg at $26. Very rough hope.
12. Saint George (2)
J: Craig Williams 53.5kg
41120 T: Ciaron Maher
Most recently got back early 10th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on rain affected going; 11 len behind Cosmic Crusader carrying 55kg at $13. The race before that 2nd of 16 in the G3 Naturalism Stakes at this track on September 19 over 2000m, 1.0 len behind Zahrann with 58.5kg at $3.60. Can forgive latest and draws well.
13. Starford (15)
J: Lachlan Neindorf 53.5kg
5163x T: Joseph O’brien
Resuming. Finished off last campaign third of 8 at Roscommon in the LR Lenebane Stks June 30 over 2414m, 5.5 len behind Bosphorus Rose carrying 63.5kg at $1.90. First up last campaign fifth of 18 at Curragh April 3 over 2011m, 7 len behind Fiver Friday with 64.5kg at $12. Have to respect stable but draw not ideal and best form been on wet ground.
14. She’s A Hustler (6)
J: Michael Dee 53kg
55×57 T: Grahame Begg
Third-up today and won third-up previously. Resuming got back early 5th of 10 in the G1 Makybe Diva Stakes at Flemington on September 12 over 1600m, 4.5 len behind Sheza Alibi with 57kg at $91. Last start 7th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on a wet track; 10 len behind Cosmic Crusader carrying 55kg at $21. Ready to peak now and gets in nicely from a good gate.
15. Soul Of Spain (13)
J: Tyler Schiller 53kg
x6837 T: Chris Waller
Most recently 7th of 9 in a G2 The Metropolitan at Randwick on October 3 over 2400m, on a slow track; 6 len behind Juja Kibo with 58.5kg at $7.50. The run before that ran on from midfield; 3rd of 14 in the G2 Kingston Town Stakes at Randwick on September 19 over 2000m, 1.5 len behind The Euphrates with 56kg at $3.90. Has a bit to find on latest.
16. Zahrann (4)
J: Ethan Brown 53kg
3×410 T: Ciaron Maher
Last start 11th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on heavy track; 18 len behind Cosmic Crusader with 56.5kg at $12. The run before that came from midfield and won by 1.0 len in the G3 Naturalism Stakes at this track on September 19 over 2000m defeating Saint George carrying 55kg at $3.20. Awful latest but profiled beautifully prior, drier ground should suit much better.
17. Ohope Wins (16)
J: Jye Mcneil 51.5kg
1×096 T: Chris Waller
Most recently 6th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on heavy track; 9 len behind Cosmic Crusader with 56kg at $51. Before that ran second last of 10 in the G1 Makybe Diva Stakes at Flemington on September 12 over 1600m, 5.5 len behind Sheza Alibi carrying 56.5kg at $101. Better last time and trip suits, not the worst.
18. Kings Valley (12)
J: Jabez Johnstone 51kg
x0879 T: Ciaron Maher
At the latest run 9th of 13 in the G1 Turnbull Stakes at Flemington on October 3 over 2000m, on a wet track; 11 len behind Cosmic Crusader with 55kg at $151. The run before that 7th of 16 in the G3 Naturalism Stakes at this track on September 19 over 2000m, 2 len behind Zahrann carrying 54kg at $81. Not going badly but this is a tough test.
19. The Euphrates (9)
J: Jett Stanley 52.5kg
7×413 T: Gai Waterhouse & Adrian Bott
Racing well recently. At the latest run led but faded 3rd of 9 in a G2 The Metropolitan at Randwick on October 3 over 2400m, on a slow track; 3.5 len behind Juja Kibo with 59kg at $4.20. The run before that won by 0.9 len in the G2 Kingston Town Stakes at Randwick on September 19 over 2000m defeating Juja Kibo carrying 55kg at $5. Rates highly. Big chance on speed if he makes the field.
20. Juja Kibo (14)
J: Unknown 52kg
9×321 T: Ciaron Maher
Dual acceptor. Form hard to fault. At the latest run came from midfield and won by 1.75 len in a G2 The Metropolitan at Randwick on October 3 over 2400m on a rain affected track defeating Aethelwulf carrying 56.5kg at $5.50. The start before that sat on the pace when 2nd of 14 in the G2 Kingston Town Stakes at Randwick on September 19 over 2000m, 0.9 len behind The Euphrates carrying 55kg at $7. Nice profile and a chance if he can sneak in.
21. Point Of Law (21)
J: Unknown 51kg
2141x T: Ciaron Maher
Resuming after a three-and-a-half months break. Not seen since winning by 0.5 len Newmarket (July) G3 Bahrain Trophy July 9 over 2615m defeating Galiyan with 58.5kg at $3.50. On debut second in a small field at Great Yarmouth April 11 over 2011m, 0.5 len behind Del Maro with 59kg at $6.50. All upside and interesting if he got a run.
22. Mr Monaco (3)
J: Unknown 51kg
0x401 T: Ciaron Maher
Most recently tracked the speed and boxed on steadily; won by 1.3 len in a G3 The Bart Cummings at Flemington on October 3 over 2520m on a heavy track defeating Litzdeel with 54kg at $8. Before that ran second last of 14 in the G2 Kingston Town Stakes at Randwick on September 19 over 2000m, 7 len behind The Euphrates carrying 56kg at $31. Risking.
Odds are subject to fluctuation. For current odds on all of our live racing markets, please visit www.ladbrokes.com.au/racing. Data retrieved: 16/10/2026 03:05:44 PM (Australia/Brisbane)

The $6.55 million Caulfield Cup is the world’s richest mile and a half handicap and one of the Melbourne Spring Racing Carnival’s most popular betting races.

The classic staying showdown is held in mid-late October at Caulfield Racecourse, three weeks before the running of the famous Melbourne Cup on the first Tuesday of November.

The Caulfield Cup is one of the possible qualifying races for the Melbourne Cup and a popular Caulfield Cup betting option is to back a horse to completed the coveted Spring Cups double.

Caulfield Cup betting odds open at bookmakers around the country including Ladbrokes months in advance offering generous all-in prices on possible runners. While these Caulfield Cup odds are generous, if your horse doesn’t make the Caulfield Cup field you don’t get your money back so some punters prefer to wait until the official line-up is released the Tuesday of race week.

Caulfield Cup odds are determined by factors including a horse’s record at the distance (2400m), their lead-up form, barrier draw and Caulfield Cup weight allocation.

International horses are making a stronger impact each season in Australia’s Group 1 races like the Caulfield Cup so overseas raiders often feature high-up the Caulfield Cup betting markets with their prices determined by earlier form in European lead-up races.

2026 Caulfield Cup Betting Tips

The Races.com.au exclusive Caulfield Cup 2026 tips & exotic Caulfield Cup betting selections will be available below the week of the race.

Read our full Caulfield Cup 2026 Predictions, Best Bets & Same Race Multi Selections now!

Favourite: No. 2 Cosmic Crusader

Each Way Danger: No. 10 Wine Dark Sea

Best Roughie: No. 4 Kingswood

The best Caulfield Cup betting tips each year use the Caulfield Cup form guide as the reference point and consider things like the lead-up runs, distance record, jockey, trainer and barrier of the contender.

Early Caulfield Cup tips include:

  • Looking at graduates out of the Group 1 Turnbull Stakes (2000m), which produced nine Caulfield Cup winners from 2009 – 2025 including Verry Elleegant (2020) and Incentivise (2021) who both did the double, while Duke De Sessa (4th in 2024) and Half Yours (4th in 2025) are the latest Turnbull graduates to back-up and win the Caulfield Cup.
  • Back proven stayers with a good 2400m or further race record.
  • Watch the international runners in the mix with six having won the event.

The Godolphin-raced raider Best Solution added to the good record of international Caulfield Cup winners with his 2018 success. In 2019 Japan were back in winning form with Mer De Glace becoming the sixth internationally-trained Caulfield Cup winner. 

Another Caulfield Cup betting tip is to look outside of the favourite. Since Master O’Reilly (2007) just five Caulfield Cup favourites have saluted for the punters with New Zealand galloper Mongolian Khan (2015), Ciaron Maher’s mare Jameka (2016), Verry Elleegant (2020), Incentivise (2021), and most recently Half Yours (2025).

Caulfield Cup Betting Options

There are many different ways to bet on the Caulfield Cup. While some bets – like the Caulfield Cup exotic bets – may be intimidating for a new punter, there are plenty of standard bets which are easy to understand and easy to place.

Win – In a win bet you place a stake on your selection to win the Caulfield Cup. This is a simple bet that offers a great pay-out when it comes through.

Place – A place bet is a great bet for a novice bettor. In a place bet you select a horse to come first, second or third in the Caulfield Cup – increasing your chances of winning as opposed to a straight win bet, but also paying out less.

Each-Way – An each way bet incorporates two bets on one horse. You will select one horse to either win or place in the Caulfield Cup. This means that if your selection wins you will receive two pay-outs and still have a chance to collect if your selection comes in second or third.

Caulfield Cup Exotic Bets

For experienced punters Caulfield Cup betting revolves exclusively around exotic bets. These bets involve multiple horses and are a lot more difficult to pull off than the standard Caulfield Cup bets. However, with a little help from our comprehensive guide you will be able to bet on the Caulfield Cup like a pro.

Visit Ladbrokes for access to all the best Exotic Caulfield Cup betting odds and options this spring!

Caulfield Cup Trifecta

In a Caulfield Cup trifecta the aim is to determine the first three runners across the finish line in the exact order of arrival. A winning Caulfield Cup trifecta is considered a massive achievement within the betting community earning you not only a massive pay-out but also eternal bragging rights on the track.

Caulfield Cup Quinella

To succeed in a Caulfield Cup quinella, you must pick the first two horses to cross the line – and the good news is the order in which they arrive does not matter. That means as long as your two selections are the first across the line, then you are home safe with a huge pay-out to look forward to.

Caulfield Cup Exacta

A Caulfield Cup Exacta works similar to a Caulfield Cup Quinella: again you choose the first two horses to finish the race; however, in a Caulfield Cup Exacta you must determine the exact order in which they run home. This makes it a slightly more difficult bet to win, but in turn it does offer a bigger pay-out than the Caulfield Cup quinella.

Caulfield Cup First Four

A Caulfield Cup First Four, as you may have guessed from the name, requires you to pick the first four thoroughbreds to finish the race in their exact order. While picking the four front runners and their precise order of arrival may be a challenge, a winning Caulfield Cup First Four is definitely worth the risk: it is very much the holy grail of Caulfield Cup betting.

Spring Racing

Horse Racing Today

Chances are you’re about to lose.

For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au