MELBOURNE, AUSTRALIA - NOVEMBER 02: James McDonald riding Verry Elleegant defeats Brett Prebble riding Incentivise to win Race 7, the Lexus Melbourne Cup, during 2021 Melbourne Cup Day at Flemington Racecourse on November 02, 2021 in Melbourne, Australia. (Photo by Vince Caligiuri/Getty Images)
In the 160 years of the Melbourne Cup, a favourite has won 34 times – most recently Fiorente in 2013.
