Memsie Stakes Betting: Tips and Strategies for Making Smart Bets

The Memsie Stakes is a Group 1 race run over 1400m at Caulfield racecourse. It is the first Group 1 race of the prestigious Melbourne Spring Racing Carnival. The race attracts a quality field of the best gallopers in the land with a number of the leading stables using the race to begin lengthy Spring Racing Carnival campaigns. 

The 2023 Memsie Stakes will be run on Saturday 2nd September with a total prize money of $750,000.

Understand the Race Format

The Memsie Stakes is run under Weight For Age (WFA) conditions, with horses allocated a weight depending on their age in years with female horses carrying less weight than their male counterparts of the same age. WFA racing is widely considered the best way to establish who the best horses are and races like the Memsie Stakes attract the best fields due to these conditions. 

Identify Key Trends and Patterns

The Memsie Stakes is a tough race for punters to assess.  With so many horses having either their first or second run back from a spell it can be hard to know which horses are looking for a win and which horses are getting some miles into the legs with another race in mind. The 1400m distance attracts sprinters who may struggle over the trip and stayers who aren’t ready to peak.  

The PB Lawrence, run at Caulfield two weeks prior gives form analysts the best indication heading into the Memsie Stakes. HUMIDOR ($21 in 2018) the only upset result in the last eight years. 

Horses who have jumped from low barriers have dominated the Memsie Stakes with King’s Rose (gate 11 in 2011) the only winner to have jumped from a double figure gate in recent years. Horses that are fresh, having either their first-up or second-up run have accounted for 27 of the past 33 victories in the Memsie Stakes. 

Manage Your Bankroll and Betting Strategy

How much to bet and when to bet are as crucial as doing the form when it comes to horse racing. Your starting bank is how much money you are prepared to bet on the races over a period of time. Experts recommended that no more than 2% of the betting bank is wagered at any time ($2 bets if the bank is $100). This method can endure a bad trot where luck deserts the punter and enables them to “stay in the game” with 50 bets before being wiped out.  

Developing a betting strategy is essential to successful horse race betting. There are a number of race meetings all around the world every day of the year. Finding the winner in each race is impossible! Astute punters pick either a style of race or region in which to focus their form study. This is best done by trial and error and going over all bets on the day after the races (normally Sunday) This way a pattern may emerge and by restricting those losing and riskier bets a winning strategy can be developed. 

Stay Up-to-Date with News and Analysis

The information age has made bet on racing easier with data more accessible. Horses that compete in the Memsie Stakes have a lot of previous form to study with some horses thriving when returning from a spell while others need a run or two to get “warmed up”. 

The Palmerbet blog provides up to date information with each Group 1 race thoroughly analysed by their form experts. Detailed horse, jockey and trainer performances can be found on their website including the coloured silks. Download their app and you will have access to all this plus more. It is like having the form guide in your pocket 24/7, just better!

The running of the Group 1 Memsie Stakes each spring is a terrific time of the year for racing fans. It heralds the start of the Melbourne Spring Racing Carnival where the best horses in the world battle it out for fame and fortune. Memsie Stakes betting  is a lot of fun and provides a great challenge to bettors. Finding an online bookmaker is crucial to enjoying racing. Palmerbet are a third-generation bookmaking family who are licensed and operate in New South Wales. They offer a great range of markets and promotions daily as well as terrific service. Sign up at and start betting with them today, you will be glad you did.