Melbourne Cup Odds 2023

The 163rd edition of the Melbourne Cup ran on Tuesday November 7, 2023 as Flemington Race 7 and saw Without A Fight ($8) complete the Caulfield Cup – Melbourne Cup double – the 12th horse to do so – with Mark Zahra in the saddle. 

2023 Melbourne Cup Results

  • 1st: #3 Without A Fight

    2023 Melbourne Cup winner Without A Fight

    2023 Melbourne Cup winner Without A Fight was excellent charging home by over two lengths off a lead-up win in the Caulfield Cup. Photo: Steve Hart.

  • 2nd: #6 Soulcombe
  • 3rd: #14 Sheraz
  • 4th: #11 Ashrun

The official Melbourne Cup 2023 results revealing the 2023 Melbourne Cup winner will be published right here once the race is run and won on Tuesday November 7, 2023.

The Anthony & Sam Freedman-trained Caulfield Cup winner Without A Fight was given a perfectly-timed ride by Mark Zahra, who opted to come off last year’s champ Gold Trip, to become the 12th horse in history to complete the Spring Cups double.

Zahra made up ground from the back hitting the front on the eventual 2023 Melbourne Cup winner the closing stages as Without a Fight charged strongly down the middle before drawing clear for an impressive two length victory over the Chris Waller-trained Soulcombe who missed the kick by three lengths.

Waller also prepared the third place-getter Sheraz who ran out of his skin as a triple-figure roughie to complete the Melbourne Cup trifecta.

2023 Melbourne Cup

The 2023 Melbourne Cup is held on Melbourne Cup Day 2023 which takes place on the first Tuesday of November.

This year’s Melbourne Cup is run on November 7, 2023 at Flemington Racecourse, in Melbourne, Victoria.

Melbourne Cup odds are open nearly all year round and before the Melbourne Cup field is officially released on VRC Derby Day – held on the Saturday before Melbourne Cup Day. The pre-field Melbourne Cup betting odds are called ‘all-in’ or ‘futures’ and offer generous prices on the possible Melbourne Cup winner.

Melbourne Cup Odds 2022

Twilight Payment won the 2020 Melbourne Cup at odds of $20. Photo: Ultimate Racing Photos.

Melbourne Cup odds firm with each round of acceptances for the Group 1 staying showdown. Also affecting the Melbourne Cup betting odds leading up to the famous Flemington clash on the first Tuesday of November are the results of key lead-up races like the Caulfield Cup and Cox Plate.

The shortest-priced horses in the Melbourne Cup odds only have a fair recent record in the time-honoured clash with the only favourite to win since Makybe Diva (2005) being Fiorente (2013).

This opens up value in the Melbourne Cup odds and markets for punters then to tip an upset Melbourne Cup result.

Recent upsets to salute at juicy Melbourne Cup odds include Gold Trip ($21 in 2022), Verry Elleegant ($18 in 2021), Twilight Payment ($26 in 2020), Prince Of Penzance ($101 in 2015), Green Moon ($21 in 2012) and Viewed ($41 in 2008).

The 2023 Melbourne Cup winner, Without A Fight, jumped at Melbourne Cup odds of $8.

2023 Melbourne Cup OddsMelbourne Cup 2023 Odds

The latest Melbourne Cup 2023 odds will be provided below as soon as betting on the two-mile classic opens.

Early market betting odds on the 2024 Melbourne Cup will be displayed below once available. Odds are subject to fluctuation. For current odds on all of our live markets, please visit