Follow Daily Mail Australia's live blog for all the latest fashion triumphs and fails, celebrity appearances and updates from the track as the race that stops a nation gets underway.
See which horse Australia's smartest boffins - and artificial intelligence - are picking as the winner
Macquarie Capital's team of quantitative analysts are regarded as some of the smartest data scientists in the country, trusted with predicting incredibly complex market movements with millions of dollars at stake.
They have turned their talents to predicting today's winner, and so has a separate AI model. Both the 'quants' and the artificial intelligence are in agreement - Half Yours (pictured below) will be first past the post today.
The first race of the day has begun
The mad dash for the best spots at a Flemington has kicked off as the first of an expected 80,000 to 90,000 fans flood through the gates.
It's not raining at the track at the moment but the weather is unlikely to stay fine...
Hello and welcome
Thanks for joining us for the Daily Mail's coverage of the 2025 Melbourne Cup.
We'll be here with you all day to keep you up to date with all the action both on and off the track as we build up to the running of the famous race at 3pm.

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