Lightly-raced four-year-old Mr Tipsy can revive the fortunes of New Zealanders in the Sydney Cup and give co-trainer Murray Baker his second win in the race in 17 years.The last Kiwi to navigate the Tasman and land the prize was Honor Babe six years ago but a weight plunge and a proven record at 3200 metres provides the foundation of support for Mr Tipsy.The Montjeu gelding is quoted at $8 for the Cup with only Fiumicino ($6.50) and Master O'Reilly ($7.50) ahead of him in TAB Sportsbet's market.

Lightly-raced four-year-old Mr Tipsy can revive the fortunes of New Zealanders in the Sydney Cup and give co-trainer Murray Baker his second win in the race in 17 years.

The last Kiwi to navigate the Tasman and land the prize was Honor Babe six years ago but a weight plunge and a proven record at 3200 metres provides the foundation of support for Mr Tipsy.

The Montjeu gelding is quoted at $8 for the Cup with only Fiumicino ($6.50) and Master O'Reilly ($7.50) ahead of him in TAB Sportsbet's market.

Last start Mr Tipsy was unlucky not to finish closer than fifth to Fiumicino in The BMW (2400m) and drops from 58.5kg to just 51kg at Randwick on Saturday.

That is also a kilo less than he carried when he finished a two-length second to Spin Around in the Auckland Cup (3200m) two starts ago.

Baker, who won the Sydney Cup with My Eagle Eye in 1992, shares the training of Mr Tipsy with his son Bjorn who is getting more and more confident with the wet weather hitting Sydney.

"He likes it wet and he is going well," Bjorn Baker said.

He said the BMW topped Mr Tipsy off for the Cup and he would be much better suited under the handicap conditions.

"With 51kg, he's going to enjoy that," Baker said.

"He is an out-and-out stayer and overall we were happy with the run in the BMW.

"He covered a bit of ground and probably should have finished fourth."

Baker said the three-week gap between the BMW and Sydney Cup, coming after a month's break between the Auckland Cup and the BMW, was by design as much as opportunity.

"It was up to us whether we wanted to line him up in races in between and risk him getting a re-handicap, but we thought it was better going straight into the Sydney Cup," Baker said.

"He was guaranteed a start and it has all been fitting into place nicely."

Lightweight jockey Corey Brown replaces Michael Rodd on Mr Tipsy who has won six of his 12 starts and been placed on another four occasions.

Essentially this has been his first campaign, with only two let-ups for the season.

"He has done a good job as he had his first race start at the end of July last year," Baker said.

My Eagle Eye was a more accomplished galloper than Mr Tipsy going into the Sydney Cup but he had similar race experience with the Cup being just his 12th race start.

He won the Ranvet Stakes, was fourth in the BMW and second in the Queen Elizabeth Stakes before winning the Cup.

Other New Zealanders to win the Sydney Cup in recent years have been the Graeme Rogerson-trained Just A Dancer (1991), John Harris' King Aussie (1990) and the Dave O'Sullivan-trained Banderol (1988).