The Melbourne Cup, held on the first Tuesday in November at Flemington Racecourse, is famously known as the race that stops a nation, and for good reason. This iconic 3200m Group 1 handicap is Australia’s premier racing event, and this year’s edition is shaping up to be a standout. To mark the occasion, we’ve taken a closer look at what Palmerbet are offering, and honestly, they’ve gone all out for punters.
They’ve launched Bookie Bag 2.0, an upgraded and more personalised version of their original product that now includes even more offers tailored to how you like to bet. It’s designed to deliver better value and a smoother experience across the board, and after checking it out, we can see why it’s quickly becoming a fan favourite.
Everyone’s got their Melbourne Cup fancy, and this year the market’s buzzing with a mix of international and local hopes. There’s the Irish-trained Al Riffa (FR), who comes in with serious staying form after victories in the Irish Curragh Cup and St Leger, while the McEvoy-rained Half Yours looks a genuine lightweight chance for the father-son duo chasing their first Cup win.
No matter who you’re backing, Palmerbet’s Bookie Bag 2.0 brings a little “luck of the Irish” with a suite of exclusive promos running across the Cup and all through Spring. In total, there are 20+ weekly promos throughout the carnival, making Palmerbet one of the best all-round options for punters looking to add extra value to their race-day bets.
The new revamped Bookie Bag 2.0 includes:
Winners Circle
Get ready to set the Winners Circle in motion and let the good times roll this Melbourne Cup.
Tony and Calvin McEvoy finally broke through for a well-deserved Caulfield Cup win with their rising stayer Half Yours, giving Jamie Melham the distinction of becoming the first female jockey to lift the trophy. It sent punters and racing fans into a spin, but with Palmerbet’s Winners Circle, spinning can be a good thing.
We’ve taken a close look at this feature, and it’s a great addition to Palmerbet’s Spring line-up. The Winners Circle gives eligible punters a chance to spin the wheel daily and win exclusive Bookie Bag 2.0 prizes – the kind of extra value that makes big race days even more exciting.
If you’re backing Half Yours for the Melbourne Cup, this is a fun and rewarding way to boost the thrill. We love how Palmerbet has gamified the experience for punters, a nice mix of excitement and opportunity heading into Cup Day.
Our Take: Winners Circle is a feel-good feature that gives punters something extra just for showing up. It turns the excitement of race day into a quick, interactive experience that fits perfectly with Palmerbet’s fun and rewarding approach.
Price Push
When it comes to getting maximum value on Melbourne Cup Day, Palmerbet’s Price Push is a standout.
After assessing this feature closely, it’s a fantastic way for punters to squeeze even more value out of their best bet. Palmerbet already delivers some of the most competitive odds on Cup Day, but with Price Push, you can boost your odds even further, giving a solid return that extra oomph.
The 2025 Melbourne Cup field looks wide open, and if you’re siding with Half Yours after that impressive Caulfield Cup victory, there’s no better time to take advantage. The Price Push, part of Palmerbet’s Bookie Bag 2.0, gives you that extra lift, something every punter can appreciate in a race decided by margins of inches.
Our Take: Price Push is a simple but powerful feature that puts punters in control. It rewards those who back their instincts early and want to turn strong picks into great value, especially on the biggest betting day of the year. It’s one of those tools that keeps Palmerbet competitive and punter-first.
Price Protect
The Melbourne Cup might stop the nation, but Palmerbet’s Price Protect ensures you don’t stop short of getting the best possible return.
We love how this takes the stress out of hunting for the top price. With Price Protect, if your horse ends up paying more with any Australian tote, Palmerbet will automatically give you the higher dividend. It’s simple, fair, and designed for punters who don’t want to miss out on value.
Whether you’re with the Irish-trained Al Riffa (FR) or the local hero Half Yours, it’s great peace of mind knowing you’ll always get the best of both worlds. For a day as big as the Cup, that’s the kind of reassurance every punter deserves.
Our Take: Price Protect is all about confidence and fairness. It’s a clever safety net that means you’ll never second-guess your odds again. In a crowded market, Palmerbet’s willingness to match, or beat, the best tote price shows real commitment to value and transparency.
Race Rescue
Every punter knows the heartbreak of being on the wrong side of a photo finish, and in a 24-horse Melbourne Cup, hard-luck stories are guaranteed. That’s where Palmerbet’s Race Rescue really shines.
We’ve looked at how it works, and it’s worth its weight in gold. If your horse runs a huge race but just misses out, finishing 2nd or 3rd, you’ll get your stake back in Bonus Bets. It’s the kind of feature that takes some of the sting out of a near-miss, and keeps punters engaged all Cup Day long.
For a race as unpredictable as the Melbourne Cup, Race Rescue is one of those promotions that shows Palmerbet genuinely understands the ups and downs of racing.
Our Take: Race Rescue is built for real punters – those who know the heartbreak of “so close.” It’s a smart, empathetic feature that softens the blow and keeps customers coming back for another crack. In the chaos of the Melbourne Cup, it’s one of the fairest promotions going around.
Multi Guard
We’re big fans of the Multi Guard feature, a clever way to give your multis a bit of insurance on Melbourne Cup Day.
If you’re building a Same Race Multi and one leg falls short, Palmerbet’s Multi Guard steps in to refund your stake in Bonus Bets. It’s available across Regular Multis, Same Game Multis, and Same Race Multis, making it versatile for any punter.
Say you’re backing Half Yours and Al Riffa (FR) to feature in the finish, along with a couple of value runners for top-four positions, if just one doesn’t come through, you’re still covered. It’s smart, fair, and keeps your betting experience positive, even when one leg lets you down.
Our Take: Multi Guard makes multis fun again. It gives punters the freedom to take a swing without fear of one leg ruining the day. For Cup Day, where multis are massive, this feature is pure punter protection, and proof Palmerbet wants players to enjoy the ride.
Melbourne Cup Day is the ultimate raceday on the Australian racing calendar and has been since 1861, full of triumphs and heartache. With more than 20+ weekly promos being offered within their Bookie Bag 2.0 on Palmerbet throughout the Spring, don’t miss your opportunity and sign up to enjoy all the advantages Palmerbet has to offer.
