Caulfield Cup Betting
The Caulfield Cup is a 2400m Group 1 Thoroughbred horse race hosted by the Melbourne Racing Club held under handicap conditions for horses aged 3 years and older. Held in mid-October, the Caulfield Cup has been contested since 1879 and is the richest race of its kind in the world. As one of the possible qualification methods for the Melbourne Cup, which is held 16 days later, the race continuously draws a massive amount of attention amongst spectators and punters in Australia alike.
If you’re keen to get started with this exciting branch of online sports betting, you’re going to need some assistance to ensure success. Here at onlinesportsbettingaus.com we are passionate about educating punters in Australia on intelligent betting practises and on finding the best online sportsbooks.
Caulfield Cup Betting Opportunities
If you’ve not all that familiar with horse racing, but are keen on getting in on the Caulfield Cup betting action, have no fear! Below you will find an explanation of popular horse race bets that you are most likely to come across at a top-ranked online sportsbook open to punters in Australia.
Win: the simplest Caulfield Cup bet of them all – simply predict which horse will take 1st place.
Place: a wager placed on a selected horse to come in 1st, 2nd, or 3rd place. Some races will also offer place wagers on the 4th position, but it is dependent on how many runners are participating.
Each Way: a double wager on a horse to either win or place. This wager will cost twice as much as a single wager, but offers 2 ways to win as well. If your selection comes in 1st, you will receive pay-outs for both wagers, but if the horse comes in 2nd or 3rd you will receive a single pay-out for the place wager.
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Best Online Sportsbook for Caulfield Cup Betting
The best online sportsbook will not only provide superior sports betting action, but also fantastic Caulfield Cup tips to increase your chances of success through understanding of the race itself. If you haven’t as yet found a top-ranked online sportsbook open to punters in Australia, you’ll be happy to know that onlinesportsbettingaus.com offers a strict ranking system which will detail exactly why certain online sportsbooks are better than others. Even though there are multiple sites to choose from, it’s important to remember that not all online bookmakers have the Australian punter’s best interest at heart.
Our recommended sites have all been judged on the same criteria including, but not limited to, the range of markets, customer service support, banking options, withdrawal waiting times, sign up bonuses and punter safety and security.
Shopping the Caulfield Cup Odds
Our final tip for success with betting on the Caulfield Cup involves shopping the odds at multiple online sportsbooks. Punters in Australia should keep this tip in mind to ensure the maximum possible return on investment. Fortunately, shopping the Caulfield Cup odds is quick and easy, and you’ll have it down pat in no time. Find a wager that you’re keen on, but before staking any money, browse the odds on offer at competing online sportsbooks and only place wagers with the site that offers the most lucrative odds.
If you’re new to online sports betting and aren’t sure how odds affect your betting decisions, be sure to familiarise yourself with what odds denote and the different ways in which odds are displayed online.