Melbourne Cup punter turns $1 into $30,000 with one incredible bet

Melbourne Cup punter turns $1 into $30,000 with one incredible bet that only had a one in 30,000 chance of coming good

  • Punter picked the First 4 in Race 2 at Flemington to win $30,000 from just $1 
  • Gambler picked No Restriction to win, who was paying an outside $41 for victory
  • They followed it with Pride Of Jenni, Ripper Rita and Sweet Reply to take the win
  • Their cheeky $1 long shot bet earned the lucky punter an incredible $30,070.10

A lucky punter has turned $1 into $30,000 with a remarkable bet before the Melbourne Cup.

The gambler picked the First 4 in the second race of the day at Flemington with odds of 30,000 to 1.

The punter chose No Restriction to win the 1400m World Horse Racing Desirable Stakes, which was paying an outside $41 for victory.

No Restriction ridden by jockey Declan Bates crosses the line to win the 1400m World Horse Racing Desirable Stakes at Flemington on Tuesday

They then followed it up with Pride Of Jenni, Ripper Rita and Sweet Reply which finished second, third and fourth respectively.

The bet turned earned the lucky punter an incredible $30,070.10. 

Race favourites Twains Express and Joviality missed the placings, allowing the punter’s winnings to skyrocket.

Another punter claimed a big win in Race 2 after putting $10,000 each way on Pride of Jenni, who was paying $12 for victory.   

The lucky punter's First 4 $1 gamble netted an incredible $30,070.10 win. Pictured: No Restriction after taking victory in Race 2

The lucky punter’s First 4 $1 gamble netted an incredible $30,070.10 win. Pictured: No Restriction after taking victory in Race 2