The biggest bets of the 2022 Melbourne Cup

The race that stops a nation has rolled around once again, and some mind-boggling bets have already been reported.

Damien Thorton returns to scale on Krakarib after winning race 1 the Darley Maribyrnong Plate during 2022 Melbourne Cup Day. Photo by Darrian Traynor/Getty Images

The Melbourne Cup has rolled around again and that means it‘s time for the nation to have a punt.

Thousands of Australians will test their luck with a bet on Tuesday, and some mind-boggling figures have already been reported.

Stream Over 50 Sports Live & On-Demand with Kayo. New to Kayo? Start your free trial now >

During the Call of the Card on Monday evening, syndicate Wolfden — comprised of Sparrow, Dan O’Sullivan, Kingsley Bartholomew, Richie Irvine and Scott Fitzsimmons — placed a $20,000 bet with bookie Woodcock Racing on Numerian to win at odds of $91.

If it pays off, they’ll pocket $1.8 million.

“We’ll see tomorrow if I’m paying them, or they’re paying me,” bookmaker Warren Woodcock said.

Wolfden also placed $20,000 on Duais at odds of $31 to win $620,000.

Typically miserable Melbourne weather is going to do its best to ruin the event with 10mm of rain set to hit Melbourne on Tuesday, serving up a soft or heavy track.

The 162nd running of the iconic handicap race is set to get underway at 3pm AEDT on Tuesday November 1 and can be watched on Channel 10.

James McDonald riding Numerian and Raphael Marchelli riding Regal Lion. Photo by Vince Caligiuri/Getty Images

Here are some of the biggest bets going around for the Melbourne Cup this year.

If you’re unsure about how to best spend your money, take a glance at our betting guide with some potential strategies.

Pointsbet

Deauville Legend – $20,000 @ $8

Deauville Legend – $4500 @ $8

Deauville Legend – $4000 @ $6

Realm Of Flowers – $8000 @ $10

Smokin’ Romans – $5000 @ $16

Topsport

Deauville Legend – $3500 @ $3.90

Vow and Declare – $1500 @ $21

Knights Order – $1000 @ $23

Camorra – $1000 @ $61

Ladbrokes

Vow And Declare $4,000 place at $6.50

Daqiansweet Junior $2,000 place at $8.50

Montefilia $2,000 at $11

Betr

Deauville Legend $4,000 at $3.40

Montefilia $4,000 at $11

Realm Of Flowers $1,500 at $11

Knights Order $1,500 at $23

Swiftbet

Interpretation $15,000 at $61

Interpretation $5,000 at $51

High Emocean $15,000 at $61

Emissary $15,000 at $61

Arapaho $2,000 at $101

Grand Promenade $7,000 at $101

Deauville Legend $50,000 at $3.70

Duais $5,000 at $31

TAB

Gold Trip $4100/$7750 at $17/$5

Montefilia $2,000 @ $13

Without A Fight $2,000 at $11

Deauville Legend $15,000 at $3.40

Deauville Legend $11,272 at $5

Deauville Legend $10,000 at $6

Deauville Legend $4,500 at $8.00

Deauville Legend $4,000 at $6.00

Deauville Legend $3,000 at $6.00

Vow And Declare $3,000/$5,000 at $21/$6

Hooya Mal $2,000 at $18

Smokin’ Romans $5000 at $16

Interpretation $2,500 at $51

Realm Of Flowers $9,000 e/w at $17/$5

Realm Of Flowers $8,000 at $10

Sportsbet

Stockman – $10,000 each-way @ $41/$8.50

Without A Fight – $5000 @ $11

Montefilia – $5000 @ $11

Vow And Declare – $4000 @ $20