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Favourite Deauville Legend draws barrier nine for Melbourne Cup on Tuesday.

A full field of 24 runners have accepted for the $7.75 million Melbourne Cup with mixed fortunes for visiting fancies at the top of the betting.

Favourite Deauville Legend drew barrier nine with the last start Group 2 Great Voltigeur winner maintaining its market position at $3.80 being the only horse priced under double figures

"I'm pleased," trainer James Ferguson said.

"I didn't want a high draw and I didn't want a low draw. This is absolutely spot on for us.

"With the pace being on the outside they're going to go some clip to get there.

"Ideally we can get into a good position early and we won't have to work too hard to get there."

Drawn less favourably was second favourite and fellow international raider Without A Fight in barrier 18.

Despite that wider gate, the five-year-old remains where he was in TAB's market at $11 along with Montefilia who drew barrier 11 coming off an eye-catching fourth placing in the Group 1 Caulfield Cup a fortnight ago.

Ciaron Maher and David Eustace will be represented by five runners in the Group 1 over 3200 metres with Gold Trip drawing barrier 14, Grand Promenade the inside barrier one and Smokin' Romans in 16.

Bendigo Cup winner High Emocean drew barrier 8 with import Interpretation in barrier six after a stable plan came off with scratching Interpretation from the Group 2 Archer Stakes (2500m) on Saturday in the hope that four-year-old by Galileo would sneak into the Cup field.

"He's really good," Eustace said after the draw.

"I think he's going to run a massive race and we've been positive the whole way through.

"We'd like to ride and run a really forward race and of the five runners, he's the horse that's that the X-factor.

"He's down in the weights and we know he'll stay."

Interpretation is at $34 in the post-draw market.