Red Cadeaux, Mourayan, Unusual Suspect, Modun and Saptapadi were backed to win more than $1 million at Monday's Melbourne Cup 'call of the card'. Betstar boss Alan Eskander says: 'They backed 10, 12 horses. It goes back to the old days of the Melbourne Cup.' The horse all the bookies fear is Niwot, a 100/1 chance before his easy win at Flemington on Saturday. 'Average' Joe Blow punters rather than professionals have fuelled a big plunge on Niwot, who went from $14 into $10 with TAB Sportsbet on

Red Cadeaux, Mourayan, Unusual Suspect, Modun and Saptapadi were backed to win more than $1 million at Monday's Melbourne Cup 'call of the card'. Betstar boss Alan Eskander says: 'They backed 10, 12 horses. It goes back to the old days of the Melbourne Cup.' The horse all the bookies fear is Niwot, a 100/1 chance before his easy win at Flemington on Saturday. 'Average' Joe Blow punters rather than professionals have fuelled a big plunge on Niwot, who went from $14 into $10 with TAB Sportsbet on Monday. Spokesman Glenn Munsie says: 'It's gone from a seven-figure winner on Saturday morning to the second worst way for us...It could even be worse than the favourite Americain by the time they jump. It hasn't been big bets but there have been a lot of them. Every year there is a horse the public decided they want to be on, and this year this is their horse.'