The latest 2015 Australian Derby betting markets following the final field and barrier draw release are now out with Preferment retaining favouritism despite a wide gate for Saturday’s major.

Victoria Derby champ Preferment is narrow favourite to win Saturday’s 2015 Australian Derby in Sydney. Photo: Sarah Ebbett.

There are four elite levels running for Day 1 of The Championships in Sydney this weekend at Royal Randwick, one of which is the $2 million Group 1 BMW Australian Derby (2400m).

The mile and a half classic for three-year-olds has drawn a small field of just 10 runners this autumn, including the Chris Waller-trained Preferment in the outside draw.

Waller chases his maiden Australian Derby win this weekend, Zabeel colt Preferment at a current quote of $3.50 through Ladbrokes.com.au to hand his trainer his first trophy.

Damien Oliver, who rode Don Edurado (2002) to victory, has the ride on Saturday’s favourite after partnering the galloper for his narrow second when beaten a nose on March 21 in the Group 1 Rosehill Guineas (2000m).

Saturday Preferment is back up in distance, which should suit the up-and-comer who won the Group 1 Victoria Derby (2500m) at Flemington during the spring.

While the distance is a non-issue, this year’s Australian Derby favourite does have a hoodoo to overcome with barrier 10 not having produced a winner since Dr. Grace (1990).

It’s a wide open Australian Derby market this autumn with three other single figure hopes challenging for top spot including $3.90 second pick Hauraki.

Hauraki is the notable market mover from pre to post-field, the John O’Shea-trained Reset colt coming off a win in the Group 2 Tulloch Stakes (2000m) just last Saturday at Rosehill.

Shooting for his fourth win at start number seven in the Derby, which will be his maiden Group 1 start, Hauraki is out to become the first Tulloch Stakes – Australian Derby double winner since Starcraft (2004).

This weekend Hauraki jumps from one inside of Preferment with James McDonald riding from barrier nine, a barrier that last produced a winner in 2012 with Ethiopia.

The two other hopes under $10 are then Volkstok’n’barrell ($4.440) and Mongolian Khan ($7.50) with the inside alley.

Donna Logan’s consistent New Zealand visitor Volkstok’n’barrell has won six of his nine starts to date, the Tavistock gelding coming off the Rosehill Guineas win over Preferment in his maiden run down under.

Fellow Kiwi Mongolian Khan meanwhile could only manage to finish fifth in the Rosehill Guineas but should be improving on that as he steps back up in distance having beaten Volkstok’n’barrell home to win the Group 1 New Zealand Derby (2400m) on February 28 back home.

His Cambridge-based trainer Murray Baker shoots for a third Australian Derby victory too having prepared both It’s A Dundeel (2013) and Nom Du Jeu (2008) for their wins.

Outside the top four are then a host of other longer-priced fancies with claims for an upset Australian Derby result including Tulloch Stakes runner-up Omeros (410) and the Bart & James Cummings-trained Ruling Dynasty ($13).

See below for the current Australian Derby 2015 betting odds, fixed win prices open online at Ladbrokes.com.au where you will win 20% more on the Group 1s this Saturday thanks to their Best Tote or SP + 20% markets!

2015 Australian Derby Odds