Melbourne Cup 2012

As one of the most popular horse racing events ever, the 2-mile Emirates Melbourne Cup is guaranteed to bring Australia to a breathless standstill each and every year.

Alongside the Breeder's Cup and the Royal Ascot meeting, the Melbourne Cup is one of thoroughbred racing's stellar events, with the 152nd Melbourne Cup 2012 taking place on the 6th of November at Flemington Racecourse.

If you only bet on one horse race all year, make sure it's Melbourne Cup 2012 and that you take advantage of all of the great free bet offers that online bookies offer.

Melbourne Cup Favourites

The final field will be announced on the 3rd November, but online bookies are already offering some great Melbourne Cup odds and betting offers on the early favourites. You'll find that you'll get longer odds and stronger betting offers before the final field is announced.

Along with Americain, one of the favourites this year is Australian Derby winner Ethiopia and the 2012 Melbourne Cup will only be the eighth start for this bay colt bred in Western Australia.

Another favourite is Southern Speed, a five year old dark bay mare with seven wins and over $2 million under her belt. She came a respectable sixth in her most recent outing, the Cox Plate.

Bookies hope she passes the Melbourne Cup in favour of the less competitive Mackinnon Stakes, so any Melbourne Cup free bets on Southern Speed currently have odds over 40-1.

Some bettors are covering all options and using their free bet offers from online bookies to bet on Southern Speed in both Melbourne Cup 2012 and the Mackinnon.

Many horse-racing fans love the Melbourne Cup as it features some of the great older horses alongside the cream of that year's three year old crop.

With a longer racing history behind them, older horses are more predictable than their younger counterparts, making them an attractive betting offer and a good option when betting using Melbourne Cup free bets.

Melbourne Cup Betting Offers

Online bookies are offering numerous free bet offers in the run up to the Melbourne Cup, and bettors should understand horse racing jargon to take full advantage of their free bets.

For example, while the rest of the world says that a horse finished first, second or third, racing aficionados say that the horse won, placed or showed. Make sure you're up to speed before placing any bets on the 2012 Melbourne Cup at Flemington on November 6th!

The most common use of free bets on the Melbourne Cup is the Win bet where you win only if your horse wins. The next most common use for free bets is Place, where your horse can finish first or second.

Win and Show bets accounted for 60% of bets for horse racing wagers in 2011. Some punters that use free bets prefer Show bets, where there horse needs to finish first, second or third although Melbourne Cup odds are shorter in these bet types.

Unusual Melbourne Cup Betting Offers

Many online bookies will feature free bet offers on unusual wagers, such as which horse finishes last. Exotic free bet offers include the Big 6, where you have to pick the winners of 6 races run that day, including the Cup.

Free bets include Fred Big 6, where you need only pick four winners and a computer will randomly assign you a horse for the other two races.

Another fun bet is the Quinella, when you pick two horses to either win or show. This is a great fall-back for many racing fans that just can't choose between two solid contenders. You can also try the Quaddie.

Quaddie races are where you pick the winners of the four races selected for that day's Quaddie bet. If you're placing a few bets on Melbourne Cup 2012 remember to compare all of the free bet offers first, look at the early favourites and take advantage of the strong early odds that some online bookies offer as well exclusive betting offers!

About 'Free Bets Offers'

Australian bookies offer free bets and deposit bonuses to attract new punters - but which one's should you go for? showcases the latest and best free bets and deposit bonuses on offer at Australian bookies. Head over to our free bet offers page and maximise your betting bankroll by claiming free cash at online bookies!