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The Record of Favourites in the Melbourne Cup.
Since 1970 there have been 58 favourites (and equal favourites) run in the Melbourne Cup, of these 10 favourites winning with an average starting price of near 9/2 or 5/1.
| Year | Horse | Odds | Finish Pos | Winner | Odds |
| 2023 | Vauban | 9/2 | 14th | Without A Fight | 7/1 |
| 2022 | Deauville Legend | 3/1 | 4th | Gold Trip | 20/1 |
| 2021 | Incentivise | 15/8 | 2nd | Verry Elleegant | 16/1 |
| 2020 | Surprise Baby | 5/1 | 13th | Twilight Payment | 25/1 |
| 2019 | Finche | 15/2 | 7th | Vow And Declare | 10/1 |
| 2018 | Yucatan | 5/1 | 11th | Cross Counter | 8/1 |
| 2017 | Marmelo | 6/1 | 9th | Rekindling | 14/1 |
| Almandin | 6/1 | 12th | Rekindling | 14/1 | |
| 2016 | Hartnell | 9/2 | 3rd | Almandin | 10/1 |
| 2015 | Fame Game | 4/1 | 13th | Prince Of Penzance | 100/1 |
| 2014 | Admire Rakti | 9/2 | 22nd | Protectionist | 7/1 |
| 2013 | Fiorente | 6/1 | Won | ||
| 2012 | Dunaden | 6/1 | 14th | Green Moon | 20/1 |
| 2011 | Americain | 4/1 | 4th | Dunaden | 15/2 |
| 2010 | So You Think | 2/1 | 3rd | Americain | 12/1 |
| 2009 | Alcopop | 15/4 | 6th | Shocking | 9/1 |
| 2008 | Mad Rush | 9/2 | 7th | Viewed | 40/1 |
| 2007 | Master O'Reilly | 11/4 | 8th | Efficient | 16/1 |
| 2006 | Tawqeet | 11/2 | 19th | Delta Blues | 14/1 |
| 2005 | Makybe Diva | 7/2 | Won | ||
| 2004 | Makybe Diva | 5/2 | Won | ||
| 2003 | Mamool | 11/2 | 23rd | Makybe Diva | 7/1 |
| 2002 | Vinnie Roe | 9/2 | 4th | Media Puzzle | 11/2 |
| 2001 | Sky Heights | 6/1 | 6th | Ethereal | 9/1 |
| 2000 | Kaapstad Way | 9/2 | 4th | Brew | 14/1 |
| 1999 | Sky Heights | 7/2 | 17th | Rogan Josh | 5/1 |
| 1998 | Jezabeel | 6/1 | Won | ||
| 1997 | Might And Power | 7/2 | Won | ||
| 1996 | Oscar Schindler | 4/1 | 15th | Saintly | 8/1 |
| 1995 | Double Trigger | 7/2 | 17th | Doriemus | 10/1 |
| 1994 | Vintage Crop | 5/1 | 7th | Jeune | 16/1 |
| 1993 | Our Pompeii | 5/1 | 14th | Vintage Crop | 14/1 |
| 1992 | Veandercross | 9/4 | 2nd | Subzero | 4/1 |
| 1991 | Let's Elope | 3/1 | Won | ||
| 1990 | Kingston Rule | 7/1 | Won | ||
| The Phantom | 7/1 | 2nd | Kingston Rule | 7/1 | |
| 1989 | Empire Rose | 9/2 | 15th | Tawrrific | 30/1 |
| 1988 | Empire Rose | 5/1 | Won | ||
| Natski | 5/1 | 2nd | Empire Rose | 5/1 | |
| 1987 | Rosedale | 5/1 | 2nd | Kensei | 12/1 |
| 1986 | Mr Lomondy | 6/1 | 8th | At Talaq | 10/1 |
| 1985 | Our Sophia | 9/2 | 10th | What a Nuisance | 15/1 |
| 1984 | Affinity | 4/1 | 6th | Black Knight | 10/1 |
| Bounty Hawk | 4/1 | 15th | Black Knight | 10/1 | |
| 1983 | Chiamare | 6/1 | 6th | Kiwi | 9/1 |
| 1982 | Just A Dash | 11/2 | 16th | Gurner's Lane | 8/1 |
| 1981 | No Peer | 4/1 | 6th | Just a Dash | 15/1 |
| 1980 | Hyperno | 3/1 | 7th | Beldale Ball | 11/1 |
| 1979 | Dulcify | 3/1 | PU | Hyperno | 7/1 |
| 1978 | So Called | 9/2 | 5th | Arwon | 6/1 |
| 1977 | Gold And Black | 7/2 | Won | ||
| 1976 | Van Der Hum | 9/2 | Won | ||
| 1975 | Suleiman | 11/4 | 4th | Think Big | 33/1 |
| 1974 | Leilani | 7/2 | 2nd | Think Big | 12/1 |
| 1973 | Glengowan | 5/2 | 2nd | Gala Supreme | 9/1 |
| 1972 | Magnifique | 7/2 | 2nd | Piping Lane | 40/1 |
| 1971 | Gay Icarus | 7/4 | 9th | Silver Knight | 10/1 |
| 1970 | Voleur | 2/1 | 7th | Baghdad Note | 25/1 |