Aussie punter wins $150,000 from a $1 bet on the Melbourne Cup

We think we may have found the luckiest (or perhaps best) punter in Australia.

One racing fan Down Under has somehow, rather miraculously, managed to turn a $1 bet into a whopping $150,000.

Actually, $154,759 to be exact.

In their Melbourne Cup quadrella, the punter correctly picked Love Tap ($12), High Approach ($21), Renosu ($31) and Bartholomeu Dias ($34) to win races 3-6 at Flemington.

The $1 wager meant the TAB customer received 100 per cent of the Victorian pool dividends, which was a hefty $154,759 going straight in their back pocket.

Unfortunately for them, they didn't select the NSW pool, which would've seen them walk away with $196,000 cheque instead.

Oh well, $150k is still $150k, right?

You can bet your bottom dollar that the person-in-question probably called into work sick the following day – I mean, can you blame them?

We've witnessed some monster returns at the Melbourne Cup in recent years.

Back in 2020, one lucky Kiwi punter pocketed just over a $1million from a $112 outlay, receiving $36,446 for every buck wagered.

To this day, it is still the biggest payout in New Zealand TAB history.

As for this year's edition of the race that stop's the nation, it was Gold Trip who came out on top, securing just his second career victory.

“It’s the race that everyone wants to win here in Australia,” trainer David Eustace told SEN.

“It’s the absolute pinnacle and it’s what you dream of doing, so to do it with some fantastic owners and for Mark, who is a friend and a top-class jockey, and still had the Melbourne Cup missing from the big races he had won.

“It felt like we were completing something for a lot of different reasons.”

He added: “I saw him at the top of the straight and Mark was travelling well.

“He went to go and win the race and to be honest, we were roaring him home but thought he was going to get beat, but he kicked again and when he did, that’s when we all went up.

“Moments like that is what you dream of.”