If you choose to place a bet at the current Caulfield Cup odds at sites like SportsBet, you will be taking a bit of a risk. There are only 18 entrants and 4 emergencies allowed for the Caulfield Cup final field, so taking a punt on one of the wider chances in the nominations adds a bit more variance to your bet.

With that said, you can take some outstanding Caulfield Cup odds if you place a bet now. Top contenders like Faint Perfume, Dariana and Shoot Out are available for fixed prices over $12 at sites like SportsBet, IASbet and SportingBet. Those will come down significantly closer to the event, so it could be very profitable if you pick a winner now.

IASbet is even offering early place odds on the nominations, including a $4 price on Shoot Out to place, who just recently won the JJ Liston Stakes. These extra long Caulfield Cup odds will only last a short while, so bold bettors are advised to consider joining an online sports betting site now to take advantage of them.

Joining a betting site early in the Spring Racing Carnival is a good idea for anyone looking to bet on any of the big races, as it puts you in a great position to take bets when odds are at their longest. Also, sites like SportsBet offer some tremendous promotional deals that could make the posted Caulfield Cup odds pay off even better.