Despite being the shortest-priced favourite to head into the Melbourne Cup in recent years, the punters are continuing to take the odds on So You Think to win the 2010 Melbourne Cup at Flemington tomorrow.
The consistent Cummings-trained champ has firmed into $3.10 at Luxbet in the past few hours after being at $3.20 this morning in the Melbourne Cup betting markets.
There are still concerns over the son of High Chaparral getting the 3200m distance in the Melbourne Cup showdown tomorrow, but the punters are not deterred despite the poor record of favourites winning the Melbourne Cup.
The last favourite to claim victory in the famous ‘two mile’ handicap was Makybe Diva in 2005.
Other Melbourne Cup horses that have shortened this morning include Zipping in from $31 to $26, and Japan’s Tokai Trick firming from $91 into $81.
Nearly all the other runners in the 24-horse Melbourne Cup field have drifted out, making this an ideal time to jump on the juicy odds available for your exotic bets.
For example, Hong Kong stayer Mr Medici is now out to $61 and looks a great value roughie to add into your multiples as they are drawn well in barrier five and love the wet.
When it comes to Melbourne Cup betting, following the money can often be a good tip as other punters may have access to exclusive insider tips and information.
Check out the complete Melbourne Cup odds and market movers at Luxbet now, who are offering a brilliant $400 bonus for new signups.
And if you are a seasoned punter that loves to show off your horse racing knowledge with big bets on the Cup, there’s the exclusive Luxbet High Roller Bonus. Deposit a minimum of $1000 and get a massive 50% bonus bet worth $500 to $1000!