Melbourne Cup Odds 2021

Tuesday November 2, 2021

2021 Melbourne Cup Results

Verry Elleegant (Photo: Steve Hart) |

Verry Elleegant made history as a mare carrying 57kg from barrier 18 to a four length win in the 2021 Melbourne Cup results. Photo: Steve Hart.

  • 1st: #4 Verry Elleegant
  • 2nd: #2 Incentivise
  • 3rd: #3 Spanish Mission
  • 4th: #22 Floating Artist

The Chris Waller-trained Verry Elleegant ($18) won the Melbourne Cup 2021 in an incredible four-length upset to become a 10-time Group 1 winning mare. The James McDonald-ridden daughter of Zed defeated the beaten short-priced favourite Incentivise as the last two Caulfield Cup champions ran the quinella. English galloper Spanish Mission was brave in third rounding out the trifecta as the best of this year’s international contingent.

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 online at Ladbrokes

Fiorente (2013) was the last favourite in Melbourne Cup betting to salute for the punters in the two mile classic. Photo Credit: Race Horse Photos Australia.

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 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).

2021 Melbourne Cup Odds

The latest Melbourne Cup 2021 odds will be provided below as soon as betting on the two-mile classic opens.

Early market betting odds on the 2022 Melbourne Cup will be displayed below once available. Odds are subject to fluctuation. For current odds on all of our live markets, please visit