The formula that's predicted 18 of last 20 Melbourne Cup winners

If you’re any hope of tipping the Melbourne Cup winner on Tuesday, this is the formula to follow.

With a plethora of form guides and expert predictions doing the rounds on the eve of the race that stops a nation, we’ve simplified things for you.

This year the race is worth $4 million to the winning owners, along with a trophy valued at $200,000.

Australians are expected to place more than 35 million individual bets over the four-day Melbourne Cup carnival, with vast majority placed on Tuesday.

The Melbourne Cup. (Photo by Michael Dodge/Getty Images)
The Melbourne Cup. (Photo by Michael Dodge/Getty Images)

So who should you tip?

A unique formula has emerged over the last few years, and it’s managed to predict 18 of the last 20 Melbourne Cup winners.

If you’re any chance of tipping the winner this year, your chosen horse:

  • Must have raced in Australia at least once prior to the great race

  • Must be in its first Melbourne Cup or previously placed within three lengths of the winner in its last Cup run

  • Must have either won or placed within two lengths of the winner in its last handicap race

  • Must be proven at 3000m-plus, if carrying any more than 55kg.

In the last 20 years, only two horses to win the Melbourne Cup haven’t fit into this criteria.

Trainer Joseph O’Brien, owner Lloyd Williams, jockey Corey Brown and Emirates’ Barry Brown hold their trophies after Rekindling won the 157th Melbourne Cup. (Image: PAUL CROCK/AFP/Getty Images)
Trainer Joseph O’Brien, owner Lloyd Williams, jockey Corey Brown and Emirates’ Barry Brown hold their trophies after Rekindling won the 157th Melbourne Cup. (Image: PAUL CROCK/AFP/Getty Images)

They were Viewed in 2008 and Rekindling in 2017.

However in both of those years, the second-placed horse (Bauer and Johannes Vermeer) filled all the above criteria.

NOTABLE STATS ABOUT THE MELBOURNE CUP:

* First run in 1861 under the banner of the Victorian Turf Club and won by the Etienne de Mestre-trained Archer who beat the favourite Mormon by six lengths. The prize was 1420 pounds and the trophy a gold watch.

* Archer came back the following year to beat Mormon, this time by eight lengths, a record margin that still stands (it was equalled in 1968 by Rain Lover).

* De Mestre would go on to train three other winners of the Melbourne Cup – Tim Whiffler (1867), Chester (1877) and Calamia (1878).

* Trainer Bart Cummings claimed the first of his 12 Melbourne Cups in 1965 with Light Fingers. The following year stablemate Galilee was the only horse to prevent Light Fingers making it back-to-back Cups and in 1967 Red Handed gave Cummings his third straight victory.

* Cummings’ other winners were Think Big (1974, 1975), Gold And Black (1977), Hyperno (1979), Kingston Rule (1990), Let’s Elope (1991), Saintly (1996), Rogan Josh (1999) and Viewed (2008).

* Other trainers to have multiple Cup wins include: 5 – Lee Freedman: Tawrrific (1989), Subzero (1992), Doriemus (1995), Makybe Diva (2004, 2005); 4 – John Tait: The Barb (1866), Glencoe (1868), The Pearl (1871), The Quack (1872); Richard Bradfield: Patron (1894), The Victory (1902), Night Watch (1918), Backwood (1924); James Scobie: Clean Sweep (1900), King Ingoda (1922), Bitalli (1923), Trivalve (1927); W S Hinkenbothem: Mentor (1888), Carbine (1890), Newhaven (1896), Blue Spec (1905).

The 2017 edition. (John Donegan/Racing Photos via Getty Images)
The 2017 edition. (John Donegan/Racing Photos via Getty Images)

* In 1972 the race was altered to the metric distance of 3200m, 18.7 metres or 61.5 feet short of two miles.

* Kingston Rule holds the metric race record of 3:16.30.

* 1985 marked the dawn of a new era for the Cup with prize money raised to $1 million. The owners of What A Nuisance received $650,000 and a $23,000 Cup.

* This year the race is worth $4 million to the winning owners along with a trophy valued at $200,000.

* Four-year-olds (44) and five-year-olds (44) have the best record of any age group. Other age groups are three-year-old (23), six-year-old (32), seven-year-old (10) and eight-year-old (2).

* The oldest horses to win the race were the eight-year-olds Toryboy (1865) and Catalogue (1938).

* The last three-year-old to win was Skipton (1941), who gave champion jockey Billy Cook his first Cup win.

* There have been no dead-heats for first in the race but Topical and Gaine Carrington dead-heated for third in Hall Mark’s 1933 Cup and Lahar and Zazabelle also dead-heated for third in the 1999 Cup won by Rogan Josh.

* Bobby Lewis and Harry White are the most successful jockeys. In 33 rides in the Cup Lewis saluted the judge four times with The Victory (1902), Patrobas (1915), Artilleryman (1919) and Trivalve in 1927. He was also runner-up four times and finished third on Phar Lap in 1929.

* Harry White steered the Bart Cummings-trained Think Big to successive victories in 1974 and 1975. He was back in the winner’s circle again with Arwon in 1978 and another Cummings’ runner Hyperno in 1979.

* Think Big failed to win a race between his two Melbourne Cup wins.

* Makybe Diva is the only horse to win the Cup three times in 2003, 2004 and 2005.

* Perhaps the unluckiest of all Melbourne Cup runners was Shadow King who ran in six Cups between 1929 and 1935 finishing third to Phar Lap in 1930, second to White Nose in 1931, third to Peter Pan in 1932 and second again behind Hall Mark in 1933.

* The longest-priced horses to win: Four horses have win at 100-1: The Pearl (1871), Wotan (1936), Old Rowley (1940) and Prince Of Penzance (2015).

* The shortest priced are Archer 2-1 (1862), Tim Whiffler 5-2 (1867), Revenue 7-4 (1901), Phar Lap 8-11 (1930), Even Stevens 3-1 (1962), Let’s Elope 3-1 (1991) and Makybe Diva at 5-2 in 2004.

* Melbourne Cup winners to produce other Melbourne Cup winners:- Grand Flaneur (1880) sired Bravo (1889) and Patron (1894); Malua (1884) sired Malvolio (1891); Comedy King (1910) sired Artilleryman (1919) and King Ingoda (1922); Spearfelt (1926) sired Dark Felt (1943); Marabou (1935) sired Skipton (1941); Silver Knight (1971) sired Black Knight (1984).

* Heaviest weights carried in the Cup:- Winners – Carbine 10.5 (65.5kg), Archer 10.2 (64.5kg), Poitrel 10.0 (63.5kg), Redcraze 10.3 (65kg). Others: Rising Fast 10.0 (65.5kg) 2nd, Eurythmic 10.5 (65.5kg) broke down, Phar Lap 10.10 (68kg) in 1931 8th, Peter Pan 10.6 (66kg) in 1935 15th.

* In 1993, Vintage Crop became the first northern hemisphere-trained horse to win. The Irish stayer was trained by Dermot Weld and ridden by Mick Kinanne and is credited with putting the race on the world stage.

* In 2015, Michelle Payne became the first woman to ride the winner of the Melbourne Cup when she steered the Darren Weir-trained Prince Of Penzance to a famous victory.

* Craig Williams needs a Cup win to become the eighth jockey to complete the Grand Slam of Australian racing – Golden Slipper, Caulfield Cup, Cox Plate and Melbourne Cup. He missed the winning ride on Dunaden in 2011 through suspension and rides Youngstar this year.