Before you are able to place your bets on the 2016 Caulfield Cup you need to gain an understanding of the 2016 Caulfield Cup odds. Online bookmakers, such as Ladbrokes.com.au, are a great place to start checking out 2016 Caulfield Cup odds before making an informed decision about which runners to back.
The 2016 Caulfield Cup odds are assigned to the runners after the bookmakers have assessed their previous performances and general form – it is a fairly complex process but it does help you make good decisions when it comes to placing your bets on the 2016 Caulfield Cup.
2016 Caulfield Cup Odds
The 2016 Caulfield Cup Field is now out and below are the latest 2016 Caulfield Cup betting odds on the stayers accepted to face off in Caulfield Race 8 on Saturday October 15, 2016.
If you are taking advantage of the all-in futures markets, i.e. Caulfield Cup odds offered weeks even months before the race day, you can be sure to get a great deal, even if the line-up tends to shift in the weeks before the event.
The very first Caulfield Cup betting odds open at bookies around the country as soon as the previous year’s Caulfield Cup results are determined and bookies have short prices on the best performing stayers in that season’s Caulfield Cup trifecta.
Over time the Caulfield Cup odds firm or lengthen on possible runners in that season’s Caulfield Cup field, run on a Saturday in mid-October during the Melbourne Spring Racing Carnival, based on both Australian and international race results in similar events.
The Caulfield Cup nominations are taken by Racing Victoria in early August leading up to Caulfield Cup Day and that’s when the ante-post Caulfield Cup odds really start to heat up.
Betting continues right up until the field and Caulfield Cup barrier draw is released, with former Group 1 winners and proven stayers over the 2400m Caulfield Cup distance dominating markets.
Recent Caulfield Cup history shows the shortest-priced horses in the Caulfield Cup odds aren’t always the best to back with just one favourite – Mongolian Khan ($4 in 2015) saluting for the punters since Master O’Reilly ($8 in 2007).
Instead looking further down the markets for double-figure hopes with good form in the Caulfield Cup odds is a top bet with plenty of double-figure Caulfield Cup winners getting the job done in the past decade including Admire Rakti ($10 in 2014), Fawkner ($10 in 2013), Dunaden ($12 in 2011) and the big upset by All The Good ($40 in 2008).