Infotainment Factory: Rain throws Cup betting into chaos

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Monday, 5 November 2018

Rain throws Cup betting into chaos


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Heavy rain at Flemington this morning has had a flow on effect in Melbourne Cup betting markets, with English horse Magic Circle firming dramatically as punters get behind the European runners.

Torrential rain have been falling at times throughout the morning, with the Bureau of Meteorology forecasting further showers before the race, although the worst appears to be passing.

More than 40 millimetres have fallen at the track since 7:30am, with the second and third races delayed as the stewards assessed the conditions.

The Melbourne Cup has twice been postponed due to bad weather, although it hasn't happened in more than 100 years. In 1870 the race had to be postponed for a week, while in 1916 the Cup was put back by five days.

But the downpour has meant a flurry of money for those horses who favour the soft running.

“Now that the rain is falling everyone wants to back Magic Circle, and certainly Corey Brown knows how to ride a Melbourne Cup winner,” Sportsbet’s Joel Caine told Wide World of Sports.

“His owner has promised to collect the trophy in his underwear if he wins, I’m not sure that’s going to be such a great idea given how cold and wet it is!”

Magic Circle is a proven performer in the wet, having started 12 times on soft tracks, winning six of those races and being placed on two other occasions, although he has never started on a heavy track.

The Flemington track was downgraded to a soft-6 before the opening race but has been downgraded further to a heavy-8.

For those looking for double figure odds for a bit of value, Caine is suggesting another British horse.

“Marmelo has won before on a soft track, so if Magic Circle is a bit short for your liking I’d suggest you have a look at Marmelo, who of course started as favourite last year, and the Irish horse Best Solution has won four of his five starts on soft tracks.”

And if it's an omen bet you're after, you need look no further than one of the favourites.

“James McDonald is back from suspension to ride Yucatan, and there’s a precedent there with Damian Oliver winning on Fiorente in 2013 after he also returned from suspension,” Caine said.

 

Heavy rain at Flemington this morning has had a flow on effect in Melbourne Cup betting markets, with English horse Magic Circle firming dramatically as punters get behind the European runners.

Torrential rain have been falling at times throughout the morning, with the Bureau of Meteorology forecasting further showers before the race, although the worst appears to be passing.

More than 40 millimetres have fallen at the track since 7:30am, with the second and third races delayed as the stewards assessed the conditions.

The Melbourne Cup has twice been postponed due to bad weather, although it hasn't happened in more than 100 years. In 1870 the race had to be postponed for a week, while in 1916 the Cup was put back by five days.

But the downpour has meant a flurry of money for those horses who favour the soft running.

“Now that the rain is falling everyone wants to back Magic Circle, and certainly Corey Brown knows how to ride a Melbourne Cup winner,” Sportsbet’s Joel Caine told Wide World of Sports.

“His owner has promised to collect the trophy in his underwear if he wins, I’m not sure that’s going to be such a great idea given how cold and wet it is!”

Magic Circle is a proven performer in the wet, having started 12 times on soft tracks, winning six of those races and being placed on two other occasions, although he has never started on a heavy track.

The Flemington track was downgraded to a soft-6 before the opening race but has been downgraded further to a heavy-8.

For those looking for double figure odds for a bit of value, Caine is suggesting another British horse.

“Marmelo has won before on a soft track, so if Magic Circle is a bit short for your liking I’d suggest you have a look at Marmelo, who of course started as favourite last year, and the Irish horse Best Solution has won four of his five starts on soft tracks.”

And if it's an omen bet you're after, you need look no further than one of the favourites.

“James McDonald is back from suspension to ride Yucatan, and there’s a precedent there with Damian Oliver winning on Fiorente in 2013 after he also returned from suspension,” Caine said.

 

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