Melbourne Cup 2022: What time the race starts, who the early favourite is and more

Melbourne Cup 2022: What time the race starts, who the early favourite is and more

The Melbourne Cup is almost upon us again with a field of 24 local and international horses racing over 3200m for a whopping $8 million in prizemoney.

Here are the key things you need to know ahead of the 162nd running of the great race.

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FOX SPORTS’ MELBOURNE CUP HOMEPAGE

ORDER OF ENTRY: WHO IS IN THE 2022 FIELD?

Anamoe wins the Cox Plate | 00:27

START TIME: WHEN IS IT ON?

As always, the first Tuesday in November — this year falling on the 1st. This year’s race will start at 3pm AEDT.

So that’s 3pm for Melbourne, Sydney, Canberra and Hobart. The race begins at 1.30pm if you’re in Darwin, 2pm in Brisbane and 2.30pm in Adelaide.

WHO IS IN THE FIELD?

The final field of 24 runners will be confirmed on Saturday night with spots still open on Derby Day at Flemington — the winner of Saturday’s Group 3 Lexus Archer Stakes will get a start in the great race.

There are currently 34 horses in the mix to make the final field. Check out the latest order of entry here.

WHAT PRIZEMONEY IS ON OFFER?

A total of $8 million, the same as last year. It’s broken down as follows:

1st $4.4 million, 2nd: $1.1 million, 3rd: $550,000, 4th: $350,000, 5th: $230,000, 6th-12th: $160,000

Emissary takes out Geelong Cup | 01:00

WHO WON IT LAST YEAR?

Raging favourite Incentivise was upstaged as reigning Australian horse of the year Verry Elleegant stormed to a thrilling upset victory under a brilliant ride from James McDonald.

Incentivise — the shortest-priced favourite since Phar Lap — finished in second with import Spanish Mission in third.

Verry Elleegant won’t be defending her crown this year — the 11-time Group One-winning horse has been retired.

WHO ARE THE FAVOURITES THIS YEAR?

English import Deauville Legend ($6) and German hope Loft ($6.50) dominate the early better as the only two runners currently rated at single-figure odds.

Another British raider, Without a Fight ($15), and Caulfield Cup winner Durston are next in the market at $13 but as is often the case it shapes as a wide open affair.

Here are the leaders in the current betting market, via Pointsbet