Preferment has attracted plenty of support in the last 48 hours and is now $9 to win the Melbourne Cup on Tuesday. 


The Chris Waller-trained four-year-old was $13 on Wednesday morning, but money has seen the Victoria Derby winner crunched into $9 and on the third line of betting.  


Preferment drifted from $9.50 to $17 following his 13 lengths ninth placing in last Saturday's Cox Plate. 


"Punters thought that was an over-reaction and he was quickly back into $13," said TAB's Glenn Munsie 


"However, since Wednesday morning we have seen a wave of support and he is the second best backed behind Fame Game ($3.60)." 


The son of Zabeel has been as much as $35 in Cup betting, with one punter having $1,000 at that price in September. 


In 2007 Efficient won the Melbourne Cup as a four-year-old, one year after winning the Victoria Derby. 


Big bets on Preferment this week: 


$1500 @ $13, $800 @ $13, $400 @ $13 [twice], $800 @ $12, $750 @ $12, $500 @ $12, $900 @ $9, $500 @ $9. 




Wakeful Stakes (race 2): My Poppette ($6.50-$4.60) has been the best backed runner in the race. Ambience is the $4.20 favourite. Princess Aria ($31-$13) is rated a knockout chance.


Guvera Stakes (race 3)Artlee ($10-$5.50), winner of the Country Championships at Randwick in autumn, is easily the best backed runner. 


Coolmore Stud Stakes (race 4): The first of four Group 1 races with Exospehere ($1.40) solid in betting and will go around as the shortest favourite and only odds-on shot of the day. 


Lexus Stakes (race 5): These horses looking to gain a start in the Cup, with the winner of this race traditionally popular to win on Tuesday.  Ruling Dynasty ($7-$5.50) for James Cummings has been well supported. The last start winner is currently $61 to win the Melbourne Cup. 


Mackinnon Stakes (race 6): The most open betting race of the day with Magic Hurricane ($6) favourite. Sky Racing expert Ron Dufficy has made Gailo Chop ($18-$13) his best value bet of the day. 


Victoria Derby (race 7): Lizard Island ($14-$11) is gathering support with Tarzino ($2.35) to start favourite. 


Myer Classic (race 8): Royal Descent ($6-$5) is tipped to bounce back after finishing last in the Caulfield Cup. 


TAB.COM.AU Stakes (race 9): Delectation ($6-$5) best backed to win the second last race of the day.




Melbourne Cup
$3.60     Fame Game 
$8.50     Trip To Paris
$9         Preferment
$13         Amralah, Max Dynamite
$15         Almoonqith, Criterion
$21         Bondi Beach, Hokko Brave, Our Ivanhowe, The United States, Who Shot Thebarman
$26         Gust Of Wind, Hartnell, Kingfisher, Red Cadeaux, Snow Sky, The Offer
$31         Dandino, Grand Marshal 
Others quoted

Victoria Derby (Race 7)

$2.35     Tarzino

$7.50     Kia Ora Koutou

$10         Lizard Island, Get The Picture 
$12         Extra Choice

$14        Pay Up Bro, Shards
$16         Etymology
$26         Man Of Choice, Colonel Custer, Jadeer
Others quoted


Coolmore Stakes (Race 4) 

$1.40     Exosphere 
$10         Keen Array 

$11         Mogador

$15         Counterattack

$17         Hellbent

$21         Sebring Sun, Japonisme, Super One
$26         Ready For Victory
$51         Dal Cielo
$101       Black Vanquish
$151       Ragazzo Del Corsa


Mackinnon Stakes (Race 6)

$5.50     Magic Hurricane

$6.00     Stratum Star
$7.00     Flamingo Star, Contributer
$8.00     Happy Trails
$10         Pornichet

$11        Magic Artist
$14         Gailo Chop
Others quoted

Myer Classic (Race 8) 

$4.50     Stay With Me

$5.00     Royal Descent
$7.50     Azkadellia
$10         Miss Rose De Lago
$11         Abidewithme
$13         Mays Dream, Politeness, Slightly Sweet
$15         Jessy Belle
$18         Fenway
$19         La Passe
Others quoted