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2023 Caulfield Cup Betting

The 2023 Caulfield Cup betting markets will be listed below during the season with the Caulfield Cup odds provided by Ladbrokes.com.au.

CLICK HERE FOR THE LATEST 2023 CAULFIELD CUP BETTING ODDS

The $5 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.com.au 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.

2023 Caulfield Cup Betting Tips

The Races.com.au exclusive Caulfield Cup 2023 tips & exotic Caulfield Cup betting selections will be available below the week of the race.

Click here to read our complete Caulfield Cup 2023 tips and best bets. 

To Win: #8 Soulcombe ($6 at time of publish) – BET NOW

Happy to stick with the one-time favourite Soulcombe who drew last year’s winning barrier (6) and is from last year’s winning stable (Chris Waller). Waller has prepared two of the past three Caulfield Cup champions and this import is building momentum at exactly the right time. He picked up a cheeky win fresh in a Black-Type here and has been trialling well for the Cups’ since with two solid efforts. He was fourth in the Underwood 1.4 lengths off Alligator Blood (form franked by the winner who took out the Might And Power) then third to Gold Trip in the Turnbull. Has winning form over 2700m so the 2400m now fourth-up and fit is ideal. Meets Gold Trip better again in the weights down to 53.5kg, one of the best with Craig Williams in the saddle. This looks his right distance, Waller has had him set for this so you know he’ll present perfectly. Big hope.

The Danger: #1 Gold Trip ($6 at time of publish) – BET NOW

You cannot bet on the Caulfield Cup this year and leave Gold Trip out, you just can’t. He won the Melbourne Cup for Maher & Eustace last spring after having run second in the Caulfield Cup and ninth in the Cox Plate. Has the 58.5kg topweight but deserves it. Already a champion, he can go a long way to securing super stardom over the coming weeks starting on Saturday. Returned to his best form last start with a demolition job in the Group 1 Turnbull Stakes (2000m). Improving each start this prep, the 2400m trip looks spot-on now and Ben Melham has plenty of big race experience. Watch him late, he’ll be flashing home in a high-pressure thriller. Confident he can be right in the finish again and handle the hefty kilos without a worry.

Each Way: #4 Montefilia ($10 at time of publish) – BET NOW

Some queries about the quality she beat home in the Group 2 $2 million Hill Stakes (2000m) last time out, but zero queries about this mare’s class. She is now with the Waller camp and is the only other proven Group 1 winner in the mix along with Gold Trip with four elite level wins on the record. She presents rock-hard fit here fifth-up and ready to fire again. She will eat-up the 2400m and her fourth in the race last year was excellent. Montefilia gets the run of the race from barrier nine and is well-weighted with 54.5kg. Blake Shinn in the saddle and he is going great guns. Needs to add her name to a pretty incredible list of female gallopers to win the Caulfield Cup, but she has beaten the boys before and can come close again.

The Roughie: #17 Spirit Ridge ($35 at time of publish) – BET NOW

The price on this Annabel Neasham-trained veteran is very attractive for a bit of a flutter. A 41-start gelding who at nine years old continues to show an incredible zest for racing. Coming out of the Sydney lead-ups with nice runs narrowly beaten in the Wyong Cup (34d), Newcastle Gold Cup (2^nd) and the Group 1 The Metropolitan (2^nd) at this distance a nostril flare off Just Fine on September 30. Kept fresh since, fourth-up now and fit as he’s ever been. Always overs in the markets and thereabouts. Will be airborne with only 50.5kg, on pace leading (or thereabouts) giving them something to run down. This is tougher, Just Fine didn’t frank the form with a dead last finish last week at Caulfield, but at the price happy to have something on him in for a top four run.

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 seven Caulfield Cup winners from 2009 – 2023 including Verry Elleegant (2020) and Incentivise (2021) who both did the double.
• 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 three Caulfield Cup favourites have saluted for the punters with New Zealand galloper Mongolian Khan (2015), Ciaron Maher’s mare Jameka (2016) and most recently fellow mare Verry Elleegant (2020).

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.

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.