Latest Melbourne Cup betting report: Americain continues to shorten following 2nd declarations. He's easily been the best backed runner firming from $4.60 into $4.20 and then down further to $4.00. TAB Sportsbet's Matt Jenkins says: 'Punters continue to rally around Bauer. The 9-year-old was $51 before running 3rd in last week's Geelong Cup. He is now into $16 and is the 4th most popular runner today behind Americain, Jukebox Jury and Dunaden.'

Latest Melbourne Cup betting report: Americain continues to shorten following 2nd declarations. He's easily been the best backed runner firming from $4.60 into $4.20 and then down further to $4.00. TAB Sportsbet's Matt Jenkins says: 'Punters continue to rally around Bauer. The 9-year-old was $51 before running 3rd in last week's Geelong Cup. He is now into $16 and is the 4th most popular runner today behind Americain, Jukebox Jury and Dunaden.'