The first Tuesday of November is not called ‘the race that stops a nation' for no reason.
The Melbourne Cup routinely draws in horses from across the globe, eyeing a shot at racing immortality and a chunk of the $6.2 million prize that is on offer.
Horses from Japan, Germany, Ireland and England have all come and conquered the Flemington turf, which goes to show the Melbourne Cup is truly a worldwide phenomenon.
Any bookmaker worth their salt knows this is the most important date on the Australian horseracing calendar, which means punters will have the ability to take advantage of not only amazing deals on the big race, but promotions and specials all throughout the Melbourne Cup race card.
Melbourne Cup free bet offers at Sportsbet.com.au
Sportsbet is one of the top bookmakers in this country due to the wide ranging markets on both sport and racing, but what stands it apart from the pack is their dedication to promotions throughout the year.
New punters straight off the bat get a 100% matched first bet bonus up to the value of $501, but it does not stop there.
All sports including the NBA, NFL and soccer are catered for, but the punters live and breathe for the racing promotions and Sportsbet has those in spades.
Not only will Sportsbet be offering cash back deals on races all day during Melbourne Cup day, but their Cup money back special is set to be on another level.
In 2015 the Sportbet.com.au gave customers back an incredible $670,541 on the Melbourne Cup on any win bets placed on the second and third finishing horses, and the 2016 edition should be no different.
WilliamHill.com.au Melbourne Cup free bonuses
William Hill has made great strides to becoming the destination for punters looking to invest on horse racing after implementing their double-down feature, which enables customers to double their bet after the jump, but their fantastic promotions do not end there.
New customers at William Hill can take advantage of their sign up bonus this weekend, which allows prospective punters to get up to $502 in bonus bets to bet in any way they see fit.
Not only that, but William Hill will be offering money back specials not just on the big race itself, but all throughout the Cup day race card.
Matched deposit bonuses at Crownbet.com.au
Crownbet is giving new customers a first deposit matched bonus up to the value of $1000, which runs out after the Melbourne Cup, meaning punters have even more of an opportunity to wager on the race that stops the nation.
Crownbet is a favourite for punters who want to watch Victorian racing vision, and given the Flemington is the place to be this spring their affiliation alongside the VRC makes them the go-to site for punters.
All throughout Melbourne Cup day at Flemington Crownbet will be offering cash back promotions on races as we built up to the big one as well as refunded bets on the world's richest staying race.
How should I spend my Melbourne Cup bonuses?
Superstar Australian jockey Damian Oliver knows a thing or two (or three given he has finished first past the post in 1995, 2002 and 2013) about riding to victory on the first Tuesday of November, and the champion said there is ‘usually eight or so chances' in each year's Cup in any given year.
Thankfully for our readers we have narrowed it down to two.
Superstar Godolphin horse Hartnell ($4.60 favourite at Sportsbet.com.au) and 2016 Caulfield Cup winner Jameka ($6.50 at Sportsbet.com.au) are the only two horses going into the race that stops a nation under double figures, and in our eyes; rightfully so.
Hartnell could not have had a better preparation leading into Tuesday, and while some punters will be deterred by the lacklustre second behind Winx in the Cox Plate we suspect the significant step up in journey was what John O'Shea had in mind at Moonee Valley rather than getting the Plate win.
Jameka looked to be having an indifferent spring campaign after getting blown away by Cup combatant Hartnell just over a month ago but all that was forgotten once she streaked away to win the Caulfield Cup two weeks ago.
These two look the clear standouts going into Tuesday and it would take something monumental from the other competitors in our eyes to prise the Cup away from either of these champions. Those looking to go exotic with their bonus bet this Cup day could do a lot worse than a Hartnell/Jameka Melbourne Cup quinella bet.