Caulfield Cup winner Descarado has copped a 1.5kgs penalty for the Melbourne Cup. It gives the Gai Waterhouse-trained 4YO exemption from the ballot for the and leapfrogs him to the top of the order of entry. His Cup weight is now 54kgs, which is 4kgs under wfa. Handicapper Greg Carpenter says: 'Saturday's Caulfield Cup was run on a genuinely heavy surface and developed into a true test of staying ability...Descarado worked hard early to take up a forward position and was very strong on the line

Caulfield Cup winner Descarado has copped a 1.5kgs penalty for the Melbourne Cup. It gives the Gai Waterhouse-trained 4YO exemption from the ballot for the and leapfrogs him to the top of the order of entry. His Cup weight is now 54kgs, which is 4kgs under wfa. Handicapper Greg Carpenter says: 'Saturday's Caulfield Cup was run on a genuinely heavy surface and developed into a true test of staying ability...Descarado worked hard early to take up a forward position and was very strong on the line holding off the determined challenges of Harris Tweed and Monaco Consul...The race time was the slowest since Lord Reims' victory in 1987 and a number of the runners on Saturday failed to handle the conditions...The penalty needs to reflect the merit of Descarado's win but also acknowledge the new challenge that lies ahead of him in his attempt to become the 12th horse in history to complete the Caulfield-Melbourne double in the same year.'

Much-hyped stayer Moudre is early fav at $4.00 (3/1) for Wed's 2400m Geelong Cup. French star Americain is at $6.50 along with Exceptionally. UK stayer Drunken Sailor is at $8.00. The TAB Sportsbet market on Monday evening:

MOUDRE 4.00 1.75
EXCEPTIONALLY 6.50 2.37
AMERICAIN 6.50 2.37
MR CHARLIE 7.50 2.62
DRUNKEN SAILOR 8.00 2.75
ONCE WERE WILD 12.00 3.75
COUNT ENCOSTA 13.00 4.00
NO WINE NO SONG 13.00 4.00
THE HOMBRE 17.00 5.00
APPREHEND 18.00 5.25
GALLANT LADY 21.00 6.00
MILES ABOVE 21.00 6.00
MACEDONIAN 26.00 7.25
SAINT ENCOSTA 31.00 8.50
KERDEM 81.00 21.00