The Caulfield Cup is the richest thoroughbred horse race of its kind – 1 ½ mile Handicap – in Australia and consequently attracts tremendous attention from bettors and bookmakers all over the world. The prestigious event is held in the middle of October at Caulfield Racecourse in Caulfield Victoria, three weeks before the running of the infamous Melbourne Cup on the first Tuesday of November. The Caulfield Cup is one of the possible qualifying races for the Melbourne Cup, so the quality of racing and the intensity of competition on the track are second to none. No wonder Caulfield Cup betting is serious business in and outside of Australia.
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 payout 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 payouts 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.
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 payout 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 payout 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 payout 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.
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