Unbeaten colt Sepoy has edged out Magic Millions winner Karuta Queen as the early favourite for this year's $3.5 million Golden Slipper.The Darley-owned Sepoy was installed the $8.50 favourite when TAB Sportsbet released its first Slipper market on Friday.Karuta Queen, unbeaten in four starts including the $2 million Magic Millions Classic, is next in line at $10.Inglis Classic winner Pane In The Glass and Gimcrack winner Defiant Dame are both rated at $13, while Satin Shoes and Breeders' Plate

Unbeaten colt Sepoy has edged out Magic Millions winner Karuta Queen as the early favourite for this year's $3.5 million Golden Slipper.

The Darley-owned Sepoy was installed the $8.50 favourite when TAB Sportsbet released its first Slipper market on Friday.

Karuta Queen, unbeaten in four starts including the $2 million Magic Millions Classic, is next in line at $10.

Inglis Classic winner Pane In The Glass and Gimcrack winner Defiant Dame are both rated at $13, while Satin Shoes and Breeders' Plate victor Smart Missile are at $15.

Sepoy is also the current Blue Diamond favourite after he turned in a dominant display to win the Blue Diamond Preview at Caulfield on Australia Day.

He is set to have his next start in the Blue Diamond Prelude on Saturday week.

TAB Sportsbet also put up its first market for this year's Group One $2.25 million BMW, with Melbourne Cup runner-up Maluckyday favourite at $6.

The 2009 Melbourne Cup winner Shocking is at $9 ahead of Australian Cup winner Zipping ($10), Caulfield Cup winner Descarado ($11) and Doomben Cup winner Metal Bender ($11).

Emerging stayers Moudre and Linton are on the next line at $13 with Once Were Wild at $15.

Both the Golden Slipper (1200m) and BMW (2400m) will be run at Rosehill on April 2.