Melbourne Cup betting: $100k for first four, punter turns $1 bet into $150k

There was plenty of betting value to had at the Melbourne Cup, and some luck could have landed you winnings of more than $100,000.

Gold Trip (FR) on the way to the barriers prior to the running of the Ladbrokes Cox Plate at Moonee Valley Racecourse on October 22, 2022 in Moonee Ponds, Australia. (Photo by George Sal/Racing Photos via Getty Images)

If like many you fancied a flutter on Melbourne Cup day, you’re either kicking yourself or revelling in the festivities.

Gold Trip won the big race and was a sensible pick at $15 with TAB and took the lead with more than 300m to run before Emissary looked to be making a challenge of it with 150m to go.

Deauville Legend was the overwhelming favourite and made a late run but ultimately finished fourth.

There was some serious value to be had, with the horses coming in second (Emissary) and third (High Emocean) betting outsiders.

2022 MELBOURNE CUP DIVIDENDS (SuperTAB tote prices)

1st 1. Gold Trip $19.40, $5.80

2nd 17. Emissary $7.40

3rd 22. High Emocean $9

Quinella $251.30

Exacta $460.40

Trifecta $16,494

First Four $102,785

You could have made a mammoth $100,000 if you picked the first four — Gold Trip, Emissary, High Emocean and Deauville Legend.

Channel 10 commentator Michael Felgate said: “If you backed Gold Trip: If you had 1, 17, 22 and 8 in the first four, there’s more than $100,000 coming your way. Sadly none of us got the first four but we have had an experience to remember.”

Earlier, one lucky Victorian punter landed the bet of the day, turning a $1 bet into more than $150,000.

The punter nailed the early quaddie at Flemington as Love Tap, High Approach, Renosu and Bartholemeu Diaz saluted at odds.

See the full finishing order below.

1st — Gold Trip

2nd — Emissary

3rd — High Emocean

4th — Deauville Legend

5th — Realm Of Flowers

6th — Daqiansweet Junior

7th — Smokin’ Romans

8th — Stockman

9th — Knights Order

10th — Vow And Declare

11th — Arapaho

12th — Hoo Ya Mal

13th — Without A Fight

14th — Grand Promenade

15th — Young Werther

16th — Montefilia

17th — Tralee Rose

18th — Duais

19th — Numerian

20th — Serpentine

21st — Camorra

Failed to finish — Interpretation

Scratchings — Lunar Flare, Point Nepean