HorseBetting.com.au takes a look at the betting odds for the 2024 Melbourne Cup and mulls over the history of long-shot winners in the great race.
HorseBetting.com.au takes a look at the betting odds for the 2024 Melbourne Cup and mulls over the history of long-shot winners in the great race.

The highest official betting price for a Melbourne Cup winner is 100/1, which was first achieved when The Pearl came from the clouds in 1871. That feat has since been matched by three other horses: Wotan (1936), Old Rowley (1940) and Prince Of Penzance (2015).
Prince Of Penzance’s win was doubly remarkable. Not only was it the first time in 75 years that a $101 shot had won the Melbourne Cup, it was also the first time a female jockey – Michelle Payne – had ridden a winner in the great race.
At time of writing Knights Choice, Fancy Man, Mostly Cloudy, Positivity and Trust In You are the long shots in the 2024 Melbourne Cup field, with all priced over $100.00 with online bookmakers for the race that stops the nation.
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