The 2024 Melbourne Cup is almost here and a sunny day will shine over Flemington Racecourse.

An $8.5 million prize pool is up for grabs in the 3200m classic on Tuesday.

Scroll down for all the details on the 2024 Melbourne Cup, including how to watch and the latest odds.

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What time is the Melbourne Cup?

The Melbourne Cup will take place from 3pm AEDT on Tuesday, November 5.

Local times as below:

• 3pm AEDT – Victoria, New South Wales, Tasmania and ACT
• 2.30pm ACDT – South Australia, Northern Territory
• 2pm AEST – Queensland
• 12pm AWST – Western Australia

You can watch the race live through Free-To-Air channels 78 (metropolitan) and 68 (regional) or stream it online at Racing.com.

7NEWS will also have all the highlights from the races, including the Melbourne Cup and the Big Dance from Randwick, throughout the day with news updates. You can stream the news and races from Sydney live on 7plus.

Melbourne Cup odds

Win/place, all odds correct as at 8am, November 4

Vauban $6.50 / $2.70

Buckaroo $6.50 / $2.70

Absurde $9 / $3.10

Onesmoothoperator $9 / $3.30

Sea King $11 / $3.90

Zardozi $12 / $4.20

Okita Soushi $13 / $4.60

Land Legend $15 / $5

Interpretation $19 / $6

Kovalica $23 / $6

Warp Speed $26 / $7

Saint George $26 / $7

Circle of Fire $34 / $10

Sharp ‘N’ Smart $51 / $14

Just Fine $51 / $11

Athabascan $51 / $13

The Map $51 / $15

Knight’s Choice $101 / $26

Valiant King $101 / $19

Fancy Man $101 / $22

Manzoice $101 / $22

Mostly Cloudy $101 / $16

Positivity $101 / $26

Trust In You $101 / $26

Melbourne Cup horses

1. Vauban

Barrier: 11

Trainer: Willie Mullins

Jockey: William Buick

Last five: 2nd, 4th, 3rd, 1st, 2nd

2. Buckaroo

Barrier: 21

Trainer: Chris Waller

Jockey: Joao Moreira

Last five: 8th, 1st, 1st, 2nd (Turnbull Stakes), 2nd (Caulfield Cup)

3. Circle of Fire

Barrier: 24

Trainer: Ciaron Maher

Jockey: Mark Zahra

Last five: 1st, 1st, 8th, 9th (Turnbull Stakes), 10th (Caulfield Cup)

4. Warp Speed

Barrier: 3

Trainer: Noburu Takagi

Jockey: Akira Sugawara

Last five: 4th, 3rd, 2nd, 5th, 13th (Caulfield Cup)

5. Kovalica

Barrier: 17

Trainer: Chris Waller

Jockey: Damian Lane

Last five: 5th, 3rd, 4th, 2nd, 6th (Cox Plate)

6. Sharp ‘N’ Smart

Barrier: 15

Trainer: Graeme and Deborah Rogerson

Jockey: Michael Dee

Last five: 9th, 12th, 2nd, 13th (Turnbull Stakes), 3rd

7. Just Fine

Barrier: 13

Trainer: Gai Waterhouse and Adrian Bott

Jockey: Jye McNeil

Last five: 11th, 5th, 10th, 1st, 10th

8. Land Legend

Barrier: 18

Trainer: Chris Waller

Jockey: Zac Purton

Last five: 1st, 11th, 6th, 1st, 3rd (Caulfield Cup)

9. Absurde

Barrier: 7

Trainer: Willie Mullins

Jockey: Kerrin McEvoy

Last five: 7th (2023 Melbourne Cup), 4th, 1st, 4th, 1st

10. Athabascan

Barrier: 2

Trainer: John O’Shea and Tom Charlton

Jockey: Zac Lloyd

Last five: 2nd, 8th, 10th, 10th, 1st

11. Knight’s Choice

Barrier: 6

Trainer: John Symons and Sheila Laxon

Jockey: Robbie Dolan

Last five: 4th, 9th, 16th (Turnbull Stakes), 14th (Caulfield Cup), 5th

12. Okita Soushi

Barrier: 10

Trainer: Ciaron Maher

Jockey: Jamie Kah

Last five: 11th (2023 Melbourne Cup), 8th, 14th, 2nd, 1st

13. Onesmoothoperator

Barrier: 12

Trainer: Brian Ellison

Jockey: Craig Williams

Last five: 2nd, 1st, 7th, 4th, 1st

14. Zardozi

Barrier: 4

Trainer: James Cummings

Jockey: Andrea Atzeni

Last five: 6th, 6th, 5th, 2nd, 4th (Caulfield Cup)

15. Sea King

Barrier: 1

Trainer: Harry Eustace

Jockey: Hollie Doyle

Last five: 14th, 1st, 3rd, 6th, 1st

16. Valiant King

Barrier: 22

Trainer: Chris Waller

Jockey: Craig Newitt

Last five: 5th, 6th (2023 Caulfield Cup), 16th, 10th (2024 Turnbull Stakes), 9th (2024 Caulfield Cup)

17. Fancy Man

Barrier: 19

Trainer: Annabel Neesham and Rob Archibald

Jockey: Ron Stewart

Last five: 1st, 11th, 5th, 3rd, 6th (Caulfield Cup)

18. Interpretation

Barrier: 14

Trainer: Ciaron Maher

Jockey: Teo Nugent

Last five: 11th, 10th, 8th, 6th, 2nd

19. Manzoice

Barrier: 8

Trainer: Chris Waller

Jockey: Declan Bates

Last five: 14th, 2nd, 3rd, 10th, 7th

20. Mostly Cloudy

Barrier: 16

Trainer: Trent Busuttin and Natalie Young

Jockey: Karis Teetan

Last five: 2nd, 2nd, 4th, 4th, 12th

21. Positivity

Barrier: 20

Trainer: Andrew Forsman

Jockey: Winona Costin

Last five: 1st, 2nd, 1st, 7th, 8th

22. Saint George

Barrier: 9

Trainer: Ciaron Maher

Jockey: Tyler Schiller

Last five: 3rd, 8th, 4th, 9th, 5th

23. The Map

Barrier: 23

Trainer: Dan Clarken and Oopy MacGillivray

Jockey: Rachael King

Last five: 1st, 9th, 11th, 5th, 6th

24. Trust In You

Barrier: 5

Trainer: Bruce Wallace and Grant Cooksley

Jockey: Mark du Plessis

Last five: 6th, 3rd, 12th, 4th, 4th

Melbourne Cup prize money breakdown

More than $8m is up for grabs in total.

The winning connections will receive $4.4m, as well as a trophy worth around $250,000.

Of the victor’s monetary prize, 10 per cent ($440,000) goes to the trainer and the jockey claims five per cent ($220,000).

The runner-up takes home $1.1m, with $550,000 to the third-place runner.

Fourth snares $350,000 while fifth secures $230,000, and sixth through 12th all receive $160,000.

If you’re concerned about your gambling or the gambling of a friend or family member, log on to Gambling Help Online or make contact via phone on 1800 858 858.

You can access online counselling as well as services in your state or territory and support for family and friends.