Wicklow Brave ($15) has been installed favourite for the Melbourne Cup with TAB following release of the official weights.

The Irish St Leger winner is on the top line of betting, followed by Signoff at $17, while last year’s winner Prince of Penzance has been backed  from $35 to $21 following an eye-catching run in Saturday’s Makybe Diva Stakes.

“The weights are always fascinating and punters are gravitating to the favourite Wicklow Brave after what is perceived to be a favourable allocation,” said TAB’s Nick Quinn.

Another big recent mover in the market has been Housesofparliament, who has firmed from $81 into $35 after an impressive third at Doncaster over the weekend.

Tab.com.au prices
Melbourne Cup 
$15         Wicklow Brave
$17         Signoff
$21         Big Orange
$21         Bondi Beach
$21         Curren Mirotic
$21         Idaho
$21         Order Of St George
$21         Our Ivanhowe
$21         Prince Of Penzance
$21         Protectionist
$26         Exosphere
$26         Hartnell
$26         Preferment
$26         Scottish
$26         Set Square
$26         Tarzino
$26         Tavago
$26         The United States
$35+      Others Quoted