Melbourne Cup betting deals & free bets

The 2014 Melbourne Cup Day is coming! Sponsored by Emirates, the Melbourne Cup Day is a glamorous race day on which ten horse races are run in Melbourne, on the first Tuesday in November. To celebrate the Australia's most richest and famous racing event, held at Flemington racecourse during Spring Carnival, bookmakers are offering punters the biggest betting promotions ever in Australia.

At Tom Waterhouse, you can win up to $25 million with the Melbourne Cup Top 10 promotion. That's probably the most important prize pool offered in Australian gambling history! If you want to participate and win, you have to correctly pick the exact finishing order of the 10 first horses in the The Race That Stops A Nation. The $25 million prize pool will be divided up among punters who can pick the correct top 10.

Only 10 bets are allowed per customer. Each bet (that includes one combination of 10 horses) costs $10. This 2014 Melbourne Cup betting deal is valid for all Tom Waterhouse customers, except South Australian residents.

In addition, the Australian bookmaker gives you the chance to win a $10 free bet to be used in the Melbourne Cup Top 10 market. You only have to place a bet on any racing or sport event before the 2014 Cox Plate race, scheduled on Saturday 25 October 2014 at 5:40pm (AEDT).

To qualify, your stake must be at least $5 and your bet settled before the beginning of the Cox Plate race. If you comply with all requirements, you will receive your bonus bets within 24 hours of the end of the race. Note that the free bet must be used within 7 days. This offer excludes South Australian, New South Wales and Western Australian residents.

Many other Australian bookmakers offer great deals during the Spring Carnival. For instance, Ladbrokes is running a very cool betting promotion, the Ladbrokes MegaPick, that gives racing punters the chance to win up to $3 million.

The MegaPick offer is available on seven race days during the Spring Carnival, including the Melbourne Cup Day. It works the same way each time. To turn $3 into $3.000.000, you have to pick the winner of the last 8 races of a single race meeting. The $3 million prize pool will be split between the winners, depending on the number of $3 MegaPick bet they’ve placed on the race meeting.

2014 Melbourne Cup Day schedule

First Race: 10.30am

Last Race: 5.15pm

Emirates Melbourne Cup (Race 7): 3pm

Where: Flemington racecourse

When: Tuesday, 4th November 2014

Races:

Race 1 – Ottawa Stakes (1000m) - Race value: $151,500

Race 2 – TAB.com.au Trophy (1700m) - Race value: $101,500

Race 3 – Visit Victoria Trophy (2800m) - Race value: $101,500

Race 4 – Lavazza Short Black (1400m) - Race value: $101,500

Race 5 – Schweppes #FlemingtonFling (1000m) - Race value: $101,500

Race 6 – Lexus Hybrid Plate (1400m) - Race value: $151,500

Race 7 – 2014 Emirates Melbourne Cup (3200m) - Race value: $6,200,000

Race 8 – James Boag's Premium Stakes (1800m) - Race value: $151,500

Race 9 – MSS Security Handicap (1200m) - Race value: $151,500

Race 10 – Hong Kong Jockey Club Stakes (1400m) - Race value: $201,500