Underwood Stakes Tips, Best Bets, Field & Odds

The Group 1 Underwood Stakes (1800m) is run at Caulfield in mid-to-late September, and Bettingpro.com.au provides you with a comprehensive guide to the race.

Underwood Stakes tips, best bets, field & odds. Below is our complete Underwood Stakes guide ā€” race details, history and past winners, lead-in form, betting markets and FAQs. Check back race week for the final field, odds and our best bets.

The Underwood Stakes is a $1 million Group 1 weight-for-age contest over 1800m at Caulfield in mid-to-late September. It is a traditional Cox Plate lead-in for horses building towards the Moonee Valley championship and a key middle-distance form line of the early Melbourne spring. This guide covers the Underwood Stakes dates, distance, prize money, betting markets and our full race-day tips. For the full carnival, see our Melbourne Spring Racing Carnival guide.

Next Gen Sports, Racing and Esports bettingT&Cs apply

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Over 18s only. Problem? VisitĀ Gambling Help Online. Visit
Engage, Connect, and Win Together with Australia's Own Social Betting Platform.T&Cs apply

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Over 18s only. Problem? VisitĀ Gambling Help Online. Claim
Australia's Newest BookieT&Cs apply

#AD 18+ T&Cs Apply Imagine what you could be buying instead. For free & confidential support call 180 0858 858 or visit gamblinghelponline.org.au

Over 18s only. Problem? VisitĀ Gambling Help Online. Claim

Underwood Stakes Race Details

Detail Value
Distance 1800m
Class Group 1 Weight-for-Age
Age / Conditions Three-year-olds and upwards
Venue Caulfield, Melbourne
Prize Money $1 million
Run Date Mid-September

 

Underwood Stakes History & Winners

Recent winners include Sir Delius, Mr Brightside, Lindermann, Fangirl, Alligator Blood and Kings Will Dream. The 1800m trip suits middle-distance horses with enough speed to hold position plus staying strength to finish off.

Lead-In Races

The main lead-in is the Group 1 Makybe Diva Stakes (1600m) at Flemington two weeks earlier. Many horses step up in trip from the Makybe Diva straight into the Underwood.

Underwood Stakes Betting Markets

All major Australian bookmakers price the Underwood Stakes weeks out, with a full acceptances market released after the final field is declared. The core markets are:

  • Fixed-Odds Win & Place ā€” the bread-and-butter markets, with early speculative prices followed by final acceptances pricing.
  • Each-Way ā€” typically 1/4 the odds for a place (1-2-3).
  • Exotics ā€” quinella, exacta, trifecta and First 4. See our First 4 calculator guide.
  • Same Race Multis ā€” combine multiple runners from the same race into one bet. See our Same Race Multi guide.
  • Head-to-Head & Group Markets ā€” runner-vs-runner matchups and stable/country markets.

How to Watch the Underwood Stakes in Australia

The Underwood Stakes is run in mid-to-late September at Caulfield, building towards the Cox Plate. Coverage is shown live on Sky Racing (Sky Thoroughbred Central / Sky Racing 1 and 2) and streamed on Racing.com, and most major bookmakers carry a free live stream of the race for account holders with a balance or a bet on the day. For more carnival action, see our Cox Plate tips and Caulfield Cup tips, or browse all our horse racing tips and previews.

Best Bookmakers for the Underwood Stakes

For a full comparison of the top Australian racing bookmakers, see our best horse racing betting sites in Australia guide.

OnlyBets
  • 100% Australian
  • Recommended
New AU Bookmaker 2026
  • Live Betting
  • Mobile App
  • PayID
Excellent Review
9.8 Our Score
Join now

#AD 18+ T&Cs Apply Imagine what you could be buying instead. For free & confidential support call 180 0858 858 or visit gamblinghelponline.org.au

Dabble
  • Copy Bets
  • Social Betting
Use Code: BETTINGPRO
  • Live Racing
  • Mobile App
  • Social App
Excellent Review
9.4 Our Score
Join now

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Picklebet
  • Best For Esports
  • Top 4 Betting
Use Code: PICKLEVIP
  • Live Streaming
  • Mobile App
Excellent Review
9 Our Score
Join now

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Ladbrokes
  • Infohub
  • Mates Mode
Use Code: LADSVIP
  • Cash Out
  • Infohub
  • Mobile App
Excellent Review
9.4 Our Score
Join now

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

BetNow
  • 100% Australian
  • Competitive Odds
Use Code: MADMAX
  • Live Betting
  • Mobile App
  • PayID
Excellent Review
9.5 Our Score
Join now

#AD 18+ T&Cs Apply Imagine what you could be buying instead. For free & confidential support call 180 0858 858 or visit gamblinghelponline.org.au

Neds
  • Best For UFC
  • Neds Toolbox
Use Code: NEDSVIP
  • Cash Out
  • Live Betting
  • Live Streaming
Excellent Review
9 Our Score
Join now

18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

bet365
  • AFL 10+ Disposals
  • Best For Live Streams
Use Code: 365AUCODE
  • Live Betting
  • Live Streaming
  • Mobile App
Excellent Review
10 Our Score
Join now

Exclusive 365AUCODE referral code: bet365 does not offer bonus codes in Australia and this referral code does not grant access to offers.18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit LimitĀ For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Underwood Stakes FAQs

When is the Underwood Stakes?

The Underwood Stakes is run in mid-to-late September at Caulfield Racecourse.

What distance is the Underwood Stakes?

The Underwood Stakes is run over 1800m at Caulfield.

Is the Underwood Stakes a handicap?

No ā€” the Underwood Stakes is run at weight-for-age.

How much is the Underwood Stakes worth?

The Underwood Stakes carries $1 million in total prize money.

Who has won the Underwood Stakes recently?

Recent winners include Sir Delius (2025), Mr Brightside, Lindermann, Fangirl, Alligator Blood and Kings Will Dream.

How can I watch the Underwood Stakes live?

The Underwood Stakes is broadcast live on Sky Racing and streamed via Racing.com, with most major Australian bookmakers offering a free live stream for eligible account holders.

Related Stories