Corey Brown shows his joy after winning last year's Melbourne Cup on Rekindling. Picture: Getty Images
Corey Brown shows his joy after winning last year's Melbourne Cup on Rekindling. Picture: Getty Images

Melbourne Cup: Japanese star backed at $151

THERE'S still two months until the Melbourne Cup, but the first bet was placed just hours after last year's race was won.

Before the dust even had time to settle following Rekindling's extraordinary victory, one punter was already banking on the then Irish-trained horse going back-to-back in 2018, with a $10 each-way wager at $21 with TAB fixed odds.

But the Lloyd Williams-owned galloper won't be defending his title and is no longer in the market, with this year's Melbourne Cup nominations to be confirmed this Thursday.

However, Team Williams unveiled another Cup prospect last Saturday in Our Venice Beach, with his price trimming from $34 after his second at Moonee Valley in his Australian debut.

Kings Will Dream is the early favourite at $13 after his eye-catching fourth in the PB Lawrence Stakes, but the biggest firmer has been Japanese star Chestnut Coat.

He is now a $17 chance, but one shrewd punter jumped on at $151 with a $100 wager on May 14, before his price tightened to $51 on the same morning following news he was heading to Australia.

Japanese raider Chestnut Coat has been the biggest firmer for the Melbourne Cup.
Japanese raider Chestnut Coat has been the biggest firmer for the Melbourne Cup.

Another is eyeing a potential $127,500 collect after taking odds of $127.50 on Kings Will Dream and Chestnut Coat in a Caulfield Cup-Melbourne Cup double.

A bet of $2000 at $26 on Tosen Basil, a Japanese import now with Darren Weir, could return $52,000.

Surprisingly, one of more popular runners is English stayer Stradivarius - with a $1200 bet at $21 placed over the weekend after his Lonsdale Cup win in York - even though he is unlikely to travel to Australia.

Lonsdale Cup second placegetter Count Octave was added to Melbourne Cup market.


Here's a free chip offer you'll leap over ya mates for

Here's a free chip offer you'll leap over ya mates for

This iconic fast food outlet wants to give you free chips.

GALLERY: Northerlies to reveal revamp this Friday

premium_icon GALLERY: Northerlies to reveal revamp this Friday

After almost a month of being closed for refurbishments, Northerlies Beach Bar...

Costo’s policy could fund region’s wish list

premium_icon Costo’s policy could fund region’s wish list

Chamber of Commerce presidents said the $6 billion program would benefit the...