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The latest Caulfield Cup 2023 odds and market links will be available below leading-up to the event due to run on Saturday October 21, 2023.
Before you are able to place your bets on the Caulfield Cup you need to gain an understanding of the 2023 Caulfield Cup odds. Online bookmakers, such as Ladbrokes.com.au, are a great place to start checking out Caulfield Cup odds before making an informed decision about which runners to back in the $5 million staying classic traditionally held on the third Saturday of October during the Melbourne Spring Racing Carnival.
The Caulfield Cup odds are assigned to the runners after the bookmakers have assessed their previous performances and general form, with many of the season’s best international raiders usually being kept safe in Caulfield Cup betting.
Verry Elleegant won the 2020 Caulfield Cup as the $5 favourite. Photo: Steve Hart.
Futures Caulfield Cup odds are open nearly all year wrong with generous all-in prices on offer for the stayers that will potentially line-up in the Caulfield Cup field in the 2400m Group 1 event.
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 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 favourites in Caulfield Cup betting to salute for the punters include Mongolian Khan (2015), Jameka (2016), Verry Elleegant ($5 in 2020), and Incentivise ($2.30 in 2021). Before that however runners at longer Caulfield Cup odds had an excellent string of form with Mongolian Khan the first favourite to win since Master O’Reilly (2007).
Some of the biggest Caulfield Cup odds for winners in the past decade include All The Good ($41 in 2008), Descarado ($17 in 2010) and upset 2017 Caulfield Cup winner Boom Time ($51 in 2017).