Niwot is the centre of a sensational plunge by TAB Sportsbet's customers to win the Melbourne Cup. The agency's Matt Jenkins says: 'The 7-year-old has firmed from $14 to $10 and is now on the third line of betting...The Lexus Stakes winner has been the most popular runner since the barrier draw - firming from $17...While the biggest bet has only been $10,500 at $16, there is no shortage of four-figure bets. Niwot didn't rate a mention before winning the Lexus but one customer has $600 at $101 to

Niwot is the centre of a sensational plunge by TAB Sportsbet's customers to win the Melbourne Cup. The agency's Matt Jenkins says: 'The 7-year-old has firmed from $14 to $10 and is now on the third line of betting...The Lexus Stakes winner has been the most popular runner since the barrier draw - firming from $17...While the biggest bet has only been $10,500 at $16, there is no shortage of four-figure bets. Niwot didn't rate a mention before winning the Lexus but one customer has $600 at $101 to win $60,000.'

French ace Americain will start Cup favorite despite easing from $4.40 (Monday morning) to $4.80. The Bart Cummings pair of Illo and Precedence have had good support and there's been a move for At First Sight.

Other Bets today:
$25,000 @ $8 Dunaden
$15,000 @ $7.50 Dunaden
$5,000 @ $4.60 Americain
$5,000 @ $12 Niwot
$4,000 e/w @ $26 Modun
$3,000 @ $15 At First Sight
$3,000 @ $14 At First Sight
$2,000 e/w @ $41 Precedence
$2,000 e/w @ $21 Illo
$2,000 e/w @ $35 Manighar