Melbourne Cup 2027 Betting Tips - 3 long-range predictions for the 2027 Melbourne Cup

Point Of Law heads the betting after winning the 2026 Cup at just his sixth start, but we’re prepared to take him on as he bids to become the first horse since Makybe Diva to win successive Cups. 

Aeliana is another obvious contender if Chris Waller sets her for the race. Next year’s European staying crop will come into focus over the northern summer, but there’s enough in the form from this spring to make a case for three early selections.

Pinhole missed the 2026 Melbourne Cup by one spot in the order of entry and made the most of his second chance at Flemington, winning the Queen Elizabeth Stakes (2600m) by 2¾ lengths on Champions Day. He’d already won the Herbert Power Stakes (2400m) at Caulfield and had excuses when held up in the Moonee Valley Gold Cup (2500m). The most encouraging part of the Flemington win was how much better he settled before putting the race away. That effort secured his qualification for next year’s Cup and gave Chris Waller a progressive stayer he can build a preparation around. The 3200m is still to be proven, but the way he relaxed and finished over 2600m makes him our early pick.

Shockletz was doing her best work late when sixth behind Point Of Law in the Melbourne Cup, a strong effort at the end of a long preparation. Harry Coffey said the race was stop-start early before developing into a sprint home, which worked against a mare settling well back. She’d already finished off well behind Pinhole in the Herbert Power and was runner-up in the Tesio Stakes (2040m) before stepping up to two miles. We’ve now seen her run well over the Cup trip and a more evenly run race could bring her into the finish next time. She was quoted at $21 in the opening market.

Yellow Jersey is the speculative pick on the strength of his French form. The Tony and Calvin McEvoy-trained son of Dubawi won a Listed race over 2400m at Vichy and was beaten less than a length in a Group 2 over 2200m at Longchamp. He ran second over 1600m on heavy ground at Eagle Farm on his Australian debut, but his spring ended after he pulled up sore in his feet following the Sir Rupert Clarke Stakes (1400m). His autumn return should tell us more. If he gets back to the form he showed in France once he stretches out in trip, he’s an outsider worth keeping in mind.