Melbourne's most fashionable have arrived at Flemington Racecourse for the biggest day in the racing calendar.

While the sporting punters may be placing their bets on the best horse of the day, we are placing ours on who is best dressed.

Jodi Gordon

The Neighbours star chose a vibrant dress featuring an on-trend "pie crust" collar with a ruffle back.

She paired it with a large gold head piece, perfectly coordinated with her bag and heels.

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Jodi Gordon. Photo / Getty Images
Jodi Gordon. Photo / Getty Images

Jennifer Hawkins

The former Miss Universe chose Australian designer Alex Perry to dress her for Melbourne's most fashionable event.

Hawkins finished her look with statement earrings and a jewelled head piece.

Jennifer Hawkins. Photo / Getty Images
Jennifer Hawkins. Photo / Getty Images

Hannah Carson

Kiwi fashionista Hannah Carson looked incredible in custom Murley and Co Millinery as she represented New Zealand at the Myer Fashion in the Field competition.

Rebecca Judd

Pink was clearly the colour of choice at this year's Melbourne Cup with TV presenter Rebecca Judd also choosing a bright pink number.

A sun-kissed Judd wore the pink Lolitta cut-out dress with a Danica Eracd Millinery hat.

Rebecca Judd. Photo / Getty Images
Rebecca Judd. Photo / Getty Images

Tim Robards

The Australian Bachelor is coming up roses in this Calibre grey suit paired with a cherry coloured tie and shoes.

Playing dress ups... track ready trying to brighten up a cloudy day #MelbourneCup @calibreaustralia

A post shared by Tim Robards (@mrtimrobards) on

Anna Heinrich

Anna wasn't about to let her fiance Tim have all the fun, stepping out in a stunning yellow Scanlan Theodore number that she off-set with a navy blue head piece.

Pia Miller

Our favourite Home & Away cop, Pia Miller was glowing in a Dion Lee green dress with a fringed hem and fitted bodice.

Pia Miller. Photo / Getty Images
Pia Miller. Photo / Getty Images

Brooke Hogan

Aussie model Brooke Hogan took millinery to the next level in a studded Suzy O'Rourke headband that looked the part with her dress' oversized ruffles.