Top racing form analyst shares his Melbourne Cup favourites

The 162nd running of the Melbourne Cup will be held at Flemington this afternoon.

It’s the coldest Cup Day since 1995, with showers and possible small hail likely this afternoon.

Top racing and sport form analyst, Deane Lester, says there are two horses running today who he thinks are “way over the odds”.

Press PLAY below for Deane Lester’s Melbourne Cup tips