We've already seen some massive bets on the Melbourne Cup, including $900 on a $21 shot!
The majority of people have only just started planning their Melbourne Cup bets, however there are some folk who placed their punts months ago. We’re going to take a look at some of the biggest bets we’ve seen at Oddschecker, and who are the winners/losers taking the futures price.
Almost 55% of the bets we’ve seen on Oddschecker have been on Heartbreak City, the French horse is now priced $14 best odds and $11 worst. However between the 11th and 13th of October one punter placed $300 on at $17, then went in again with another $200 at $15. The money has slowly been trickling in for the Tony Martin trained horse since it won the Ebor in the UK.
We may have taken the most bets on Heartbreak City, but we’ve seen considerably more money on Bondi Beach. The Irish horse is currently sitting third in the market, priced between $10 and $11. These prices will be music to one punter’s ears, as they got $900 on at $21 on the 20th September, just seven days after a third place finish at Leopardstown. Today we’ve also seen a handful of three-figured bets on at $11.
Our users have tended to stay away from the favourite Hartnell, one punter snatched the best odds of $4.75 yesterday and got $350 on. We predict more money to be placed on the favourite with Oddschecker when we get closer to the race, especially with the odds being quite spread, as mentioned best odds are $4.75 and worst odds $4.2. Jameka on the other hand did see some early support. We saw a bet of $600 placed on the Caulfield Cup winner at $8, earlier this month.
A real ante-post winner was the punter who got $30 on Qewy at $151 before the Geelong Cup win. The Irish horse is now priced as short as $26.
It’s not all plain sailing betting on the Melbourne Cup weeks/months before, last year we saw over $6000 placed on Max Dynamite in the two weeks leading up to the Cup, and a whopping $1000 on Quest For More at $34. However, there was only $65 staked on Prince of Penzance.