Overnight international results have triggered a betting reshuffle on the Melbourne Cup and Caulfield Cup. The new favorite, according to TAB Sportsbet, is Mount Athos ($17) after his impressive win in the Grp 3 Geoffrey Freer Stakes (2600m) at Newbury. The Luca Cumani-trained stayer's price was slashed from $26, but he's already been well backed in early betting. TAB Sportsbet's Matt Jenkins told PPD: 'Mount Athos opened $71 but received little interest in the first few weeks of betting...Jakka

Overnight international results have triggered a betting reshuffle on the Melbourne Cup and Caulfield Cup. The new favorite, according to TAB Sportsbet, is Mount Athos ($17) after his impressive win in the Grp 3 Geoffrey Freer Stakes (2600m) at Newbury. The Luca Cumani-trained stayer's price was slashed from $26, but he's already been well backed in early betting. TAB Sportsbet's Matt Jenkins told PPD: 'Mount Athos opened $71 but received little interest in the first few weeks of betting...Jakkalberry is also headed to Australia after an impressive victory in the American St Leger Stakes (2700m); he has firmed slightly for the Melbourne Cup ($35 into $26), but is $51 into $26 for the Caulfield Cup.'

Betting on the Melbourne Cup opened late May and has already attracted unprecedented early interest.

Melbourne Cup bets - Mount Athos
$2,000 at $35 (17 July)
$1,000 at $71 (26 June)


Main moves after International races:
Melbourne Cup:

Mount Athos $26 into $17
Jakkalberry $35 into $26


Caulfield Cup:
Jakkalberry $51 into $26
Mount Athos $35 into $26

Cox Plate:
Crackerjack King $31 out to $81
Afsare remains $81