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Victoria Derby Betting Sites in Australia

The first day of the Melbourne Cup Spring Festival is reserved for The Victoria Derby. This Group 1 race for 3yos is very popular among Aussie punters. That’s why we have compared local bookmakers to find the best Victoria Derby betting sites.

You can scroll down right away to see the full list of top 5 Victoria Derby bookmakers. The rest of the article is full of useful Victoria Derby betting tips. Here you can also learn more about things like in-play betting and live streaming.

Top 5 Victoria Derby Betting Sites in Australia

Betting Site Best Feature


Great App

Traditional Values and Great Betting App


Best Live Streaming

Geo restrictions apply. You must have a funded account or have placed a bet in the last 24 hours to access. Under Australian law, we are required to inform you that Live Streaming on bet365 is exempt from Parts 3 and 4 of the Broadcasting Services (Online Content Service Provider Rules) 2018.


Watch and bet live!

Reliable Bookmaker with Flawless Track Record


Weekly Specials

Variety of Betting Markets


Great Sports Coverage

Key Player on the AUS Betting Scene

If you are looking for a top Australian Victoria Derby betting site then we think Palmerbet is just about as good as it gets. Unibet and bet365 are two Victoria Derby betting sites worth a second look too, while in-play horse racing betting fans should give the Betfair Exchange a try. For those who prefer Victoria Derby Fantasy Betting, Draftstars should be your go-to site. You can see the final list below and in the next section, we explain exactly why Palmerbet grabbed the top spot!

Palmerbet Is the Best Victoria Derby Bookie

If you are looking for a 100% Aussie operated betting site where you can bet on the Victoria Derby, Palmerbet is definitely the number one choice. Palmerbet is licenced by the Northern Territory Government and after looking closely at their privacy policy we think they are a Victoria Derby betting site you can trust.

So, why do we rate Palmerbet as our top Victoria Derby betting site? Well, apart from very competitive odds, a plethora of racing markets and a high-quality desktop site, what impressed us most was the fact their mobile betting app was super straightforward to use. Find out more in our in-depth and impartial review of Palmerbet betting offer.

  • Great mobile app
  • User-friendly website
  • Competitive odds
Visit Palmerbet Website

Victoria Derby Odds

Don’t even think about having a bet on the Victoria Derby until you check whether you are getting the best available odds. Generally speaking, you will find competitive odds with our top 3 Victoria Derby betting sites but you can’t be sure unless you shop around at as many bookmakers as possible. As you will learn in the next section, Victoria Derby odds can differ quite considerably depending on the bookie and you can learn more in our Victoria Derby odds comparison section below…

Victoria Derby Odds Comparison

When this article was written there were no futures markets yet formed for this year’s Victoria Derby. Usually, bookies will have prices available a couple of months before the race begins. Once they do form their Victoria Derby markets we will update this page with a Victoria Derby odds comparison table that will illustrate the difference in odds between three of our favourite Victoria Derby bookies. We will also look at the Victoria Derby overrounds with bet365 and Unibet once markets are formed.

Victoria Derby Betting Tips

Finding the winner of the Victoria Derby is not an easy assignment. For a start, shocks are pretty frequent so simply backing the favourite is no guarantee of a return. You need to think outside the box sometimes and below our horse racing, tipsters reveal some key Victoria Derby trends and tips that could well help you unearth this year’s Victoria Derby Winner!

  • Key Races: Only three winners of the Victoria Derby since 1855 were maidens coming into the race. The Spring Champion Stakes is viewed as a good prep race for the Victoria Derby so look out for the winner of that when having a bet. Another race that is used by trainers as a springboard for this race is the Caulfield Classic.
  • Ground: Underhoof conditions play a massive role in determining what horses will run well in the Victoria Derby. If you are having a bet on a horse that has been running very well on soft ground and it comes up fast, you are best off placing another wager on a horse that has already proven that they can handle the prevailing ground on the day.
  • Trainer/Jockey Form: Sometimes trainers and jockeys go on hot streaks when it seems as though everything is winning for them. No matter what the race, if you see a yard firing in the winners then don’t be afraid to have a bet on any horses they are running in the Victoria Derby. If a horse is happy and healthy then more often than not they can outperform expectations and outrun their odds.

Popular Victoria Derby Betting Markets

In the next few sections, we take a brief glimpse at some of the key Victoria Derby betting markets. From Futures Betting to Quinellas and Trifectas, if you are thinking about having a Victoria Derby flutter then we highly recommend that you pay attention to the next few paragraphs. Your bank balance may well thank you for it!

Victoria Derby Futures

A couple of months in advance of the race in November the bookies will form Victoria Derby futures markets. A futures bet can be placed on the win or each-way but proceed with caution because if you back a horse that doesn’t make it to the race, you will lose your stake. On the plus side, you can often find much better odds in the Futures Market than you would on race day but given the risks involved it is wise to keep stakes on futures Victoria Derby bets small.

Win/Each Way/Place

With the majority of Victoria Derby bookmakers, including bet365 and Palmerbet, you can bet on a horse to win or to place in the Victoria Derby. An each-way bet is a wager placed on a combination of the two, with your stake split evenly. Most bookies payout on the first three home for place bets, with the odds usually around 1/5 of the straight win odds. If you have an each-way bet on a horse that finishes 2nd you lose the win part of your each-way bet but you get paid on the place.


The dream for most punters is landing a big win for a small or modest investment. If you are in that category then forecasts, quinellas and trifectas could provide you with a route to riches. All of our leading Victoria Derby betting sites, including Unibet, allow punters to place these type of wagers on the Victoria Derby. The way they work is pretty simple.

In a forecast (1 bet) you need to predict the first 2 in the correct order, while the quinella (2 bets) is a bet on the first 2 in any order. Trifectas (1 bet) require you to pick the first 3 home in the right sequence, while a box trifecta requires the first 3 in any position. The amount of bets in a box trifecta depends on the number of selections (3 selections = 6 bets).

In-Play Betting On The Betfair Exchange

The vast majority of Australian bookmakers cannot offer in-play Victoria Betting on their websites. Thanks to regulations introduced in the Interactive Gambling Act almost 20 years ago it is illegal for traditional bookies to offer in-play betting on any sport, including horse racing. They can display odds and take live bets on the phone, but you will not be able to place any live bets online.

However, there is one exception to this rule. The Betfair Exchange is not a traditional Victoria Derby Betting site as you are betting against fellow punters, rather than against the house. You can bet in-play on the Victoria Derby online if you sign up with the Betfair Exchange and not only can you back horses to win, you can lay them to lose too. You can find out lots more useful information on in-play horse racing betting if you read our review of Betfair Exchange.

Draftstars Offers Victoria Derby Fantasy Betting

This is one of the fastest-growing sections in the betting industry in Australia. Daily fantasy leagues provide punters with a chance to compete against other players from around the country and with Draftstars you’ll be able to access Victoria Derby, fantasy leagues, on the day of the big race.

This unique and exciting Victoria Derby fantasy betting site is well worth checking out. In their daily fantasy horse racing games, you need to pick out one horse from every race on the Victoria Derby Day race card. You will earn points (the amount depends on the odds) for each horse that wins or places. The winner is the person who accumulates the most points on the day.

One of the coolest features that we enjoyed at Draftstars was the fact you can create ‘Custom Fantasy Leagues’. These allow you to pick and choose who can enter and it is great fun setting up a custom fantasy league with your friends or family. To learn more about this fun and exciting way to bet, check out our Draftstars review.

Victoria Derby Live Streaming

It doesn’t matter which one of our top 3 Victoria Derby betting sites you sign up with if you want to stream the Victoria Derby live. Unibet and bet365 all have live horse racing streaming available for every single race at the Flemington Spring Carnival, including the Victoria Derby. With bet365, you can stream every race once you become a member and make a deposit.

Mobile Betting With bet365

bet365 are consistently in the mix at the top of the tree when it comes to sports betting in Australia. They have worked hard to build up a solid reputation, not just in Australia but around the world. It is not surprising that bet365 have come to the conclusion that providing high-quality mobile apps for punters to bet on is very important these days. Aussies can get their bets on by using the bet365 iOS and Android apps.

If you are an Apple device user, head straight to the App Store and search for ‘bet365 App’. The bet365 Apple App is 36.1 MB and iOS 8.0 or later is required for it to work properly. The bet365 Android App can be downloaded via your mobile browser, simply visit bet365 on your mobile browser and download directly from there. To learn more about one of Australia’s favourite Victoria Derby betting sites make sure to read our bet365 review.

History and Interesting Facts

This race is open to 3yo fillies, geldings and colts, but the last filly to win the Victoria Derby was Frances Tressady in 1923. Due to a strange quirk in the racing calendar, a horse called Fireworks became the only two time Victoria Derby winner in 1867/68. The first Victoria Derby was run in 1855 and the filly Rose Of May triumphed.

Victoria Derby Info
Founded in1855
Distance2.500 m
Surface Turf

It took the lady jockeys a bit longer to get off the mark. The first female rider to win the race was Clare Lindop back in 2008. That came aboard a horse called Rebel Raider and just like Prince Of Penzance who gave Michelle Payne a famous win in the Melbourne Cup, the horse won at odds of 100/1!

The first woman to win as a trainer was Gai Waterhouse in 1995 while Bobbie Lewis and James Scobie hold the record for most wins as jockey and trainer respectively with 8 each.

Click below to learn more about the best Victoria Derby betting sites for Australian punters. Top 5 Victoria Derby bookmakers

Victoria Derby Betting Guide FAQs

For the most part, you can usually rely on bet365 and Unibet to have decent Victoria Derby odds, but it is always worth checking Palmerbet too. Don’t be afraid to have a look at the prices available from other betting sites like BlueBet and Palmerbet too. You never quite know for sure who will have the best Victoria Derby odds unless you put in the hard yards and check.

As we stated earlier, online in-play betting is against the regulations introduced in the Interactive Gambling Act. However, the Betfair Exchange is exempt from those rules and if you want to bet in-play on the Victoria Derby you will be able to do so there. Remember though, streaming delays mean that on-course punters hold a big advantage so tread carefully when betting in-play on the Victoria Derby.

There is one quick and easy way to instantly find out if a bookmaker is operating legally in Australia and that is to check for their license. If they are licensed by one of the local governments, then betting on the Victoria Derby online is completely above board and legal. Go for any of our listed top 5 bookies for Victoria Derby. They are all tested and 100% legal!

Bet365 offer the most versatile betting app for Australian punters. The app has all of the Victoria Derby markets and odds from the desktop version of the site. On top of that, you can even watch in-app live streaming. Take a look at the article above to learn more about Victoria Derby mobile betting.