The Melbourne Cup is back for another year, with some new faces and returning thoroughbreds for the biggest race in Australia.Caulfield Cup runner-up Buckaroo is still considered a strong possibility to win despite a poor barrier draw,

Buckaroo remains favourite for the 2024 Melbourne Cup but has been pushed out from $5 to $5.50 after drawing wide in barrier 21. Vauban has attracted some immediate bets of note with TAB after landing gate 11 as did Zardozi who has shortened from $21 to $17 after securing barrier four, while Sea King tightened from $10 into $9 with barrier one.

Buckaroo could etch his way into Melbourne Cup history and win the race that stops a nation at Flemington on Tuesday. Previously trained by Irish prodigy Joseph O'Brien, the British bred gelding swapped hands to champion trainer Chris Waller following last year's spring carnival.

Vauban is the favourite to win the 2024 Melbourne Cup, despite its disappointing result last year, reveals Fox Sports News reporter David Zita.

The 2024 Melbourne Cup is upon us.European stayer Vauban looks set to jump favourite in the two-mile race around Melbourne's Flemington.Here's everything you need to know about the horse:MORE: Your complete betting guide to the Melbourne CupWho is Vauban?