The 2025 Melbourne Cup looms as one of the most open in years, so it’ll be fascinating to see how the betting market takes shape ahead of Tuesday’s race.
Caulfield Cup winner Half Yours began favourite but has drifted to $7.50, with Al Riffa now the clear betting favourite at $6.50.
That pair are followed by Presage Nocturne, Vailiant King and Buckaroo who were all previously under $10 odds, although one has drifted beyond that price.
But they aren’t the only fancied runners with the market suggesting the bulk of the 24-horse field has a chance to win the race.
Check below for the latest odds ahead of Tuesday’s race, to be run at 3pm AEST.
CUP DAY LIVE: New favourite emerges in plunge after $4m stunner; track call made
TREVOR MARSHALLSEA’S FORM GUIDE: Every runner rated
JIMMY CASSIDY’S CUP FORM GUIDE: Legendary jockey’s verdict on every runner
ULTIMATE GUIDE: Everything you need to know
WEATHER: Flemington forecast as rain looms
ORDER OF ENTRY: Who made the cut, and who didn’t
MELBOURNE CUP BARRIER DRAW: How every horse fared
DUMMIES’ GUIDE: How to put on a bet
PREDICTIONS: Who all the top experts are tipping
BIGGEST BETS: Staggering $4 million payout on the cards
2025 Melbourne Cup barrier draw | 00:32
LATEST FIXED ODDS as of 8am AEDT TUESDAY (via TAB)
$6.50 Al Riffa
$7.50 Half Yours
$8.50 Presage Nocturne
$9.50 Valiant King
$11 Buckaroo
$15 Absurde
$15 River of Stars
$21 Flatten the Curve
$23 Meydaan
$23 Vauban
$31 Royal Supremacy
$31 Goodie Two Shoes
$34 Furthur
$34 Onesmoothoperator
$34 Torranzino
$34 Arapaho
$34 Middle Earth
$51 Chevalier Rose
$51 Smokin’ Romans
$51 Parchment Party
$51 More Felons
$61 Land Legend
$61 Changingoftheguard
$61 Athabascan
