The 2012 Melbourne Cup is only moments away, due to jump as Flemington Race 7 at 3:00pm (AEST), but there is still time to get your bets down on the ‘race that stops a nation’ and Pick Your Own Melbourne Cup Odds.

Whether it is the firming favourite and defending Melbourne Cup winner Duanden ($7), Luca Cumani’s fresh European raider Mount Athos ($7.50), another former Cup champ in Americain ($9) or one of the longer priced hopefuls such as Iris raider Galileo’s Choice ($16) or the sole mare in the field Lights Of Heaven ($18) there is a way to lock in a better price on your Melbourne Cup favourites.

Simply head to bookmaker.com.au, open an account with the country’s premier bookie – it only takes two minutes – then access their Pick Your Own Odds tab on Flemington Race 7.

From there you will see the Fixed Win price on all 24 of the Melbourne Cup horses set to face off, a table for the winning margin and then the exclusive Your Odds.

Either pick the horse you have rated special to win the Melbourne Cup and then select the margin you think they will win by, or go straight to the Your Odds and select the price you want to pay!

For example, Dunaden is currently at $7 to go back-to-back in the world’s richest handicap.

If you think they can win by more than a length today then change the winning margin and watch their Fixed Win price grow to $11!

Or say you fancy Mount Athos to hand Cumani with his maiden Melbourne Cup trophy today but think they should be a little longer than their current price of $9.50 seeing as they haven’t run for a while.

Then go to the Your Odds tab and continue to click through until you see the price you want to lock them in at.

Say you’ve gone to $13, you’ll notice the Melbourne Cup winning margin has then gone out to more than a length.

Fiddle around with different combinations and get the most bang for your Melbourne Cup betting buck today at bookmaker.com.au!