There's a hot local favourite at Flemington for the standout Australian race but British and Irish raiders can take the spoils on Tuesday, 2 November.
It seems there's little incentive to back favourite Incentivise in the Melbourne Cup, the horse on a nine-race winning streak, including the Caulfield Cup.
Peter Moody's five year-old is stepping up to the specialist two-mile trip for the first time and that can let in other marathon runners from the UK and Ireland.
4.00 Flemington - Twilight Payment
Joseph Patrick O'Brien is a chip off the old block and won the Melbourne Cup last year via a fantastic front running performance.
Becoming the first horse since Makybe Diva to defend the crown will be difficult but O'Brien's eight year-old has been through the mill with a series of vet's tests just to take his place.
Although lumping plenty of weight round the two miles at Flemington, the second last time out in the Irish St Leger was decent preparation.
Time will tell if Twilight Payment's weight burden will be too much to get his nose in front but punters are likely to get a good honest run for their money here at a tasty price.
4.00 Flemington - Spanish Mission
Andrew Balding has had a fantastic season and any horse he sends to the Melbourne Cup has to be treated with the upmost respect.
Spanish Mission ranks among the top British stayers but this time doesn't have the SAS (Stradivarius and Subjectivist) to deal with on this long range assault.
The five-year-old was beaten only a head by "The Strad" in the Lonsdale Cup at York in August and prevailed previously in the Yorkshire Cup in May
Tom Noonan, handling Spanish Moon's Aussie prep, is talking up his chances telling www.racing.com "I think it's going to be a real interesting day. Incentivise is a fantastic horse and the horse to beat as well, but I think we'll give him a run for his money".
Spanish Mission could be a muy bueno choice for Balding.