Plate Punters Plunge on American Wildcard

25 10 2006

(MELBOURNE, AUSTRALIA) – The money keeps coming for American wildcard Honor In War to win Saturday’s $3 million Tattersall’s W.S. Cox Plate.

Sportingbet Australia took a string of bets on the US import today as his price tumbled from $101 to $51.

Bets placed on Honor In War included $500 each way and $400 each way at $101, which will net his supporters $62,500 and $50,000 if the horse salutes.

Sportingbet also accepted a wager of $1000 each way @$61 for a net win of $75,000.

Sportingbet CEO Michael Sullivan said punters were holding back from supporting the favourites El Segundo and Racing To Win in the Cox Plate.

“Interest has slackened in the favourites and punters are holding back with one eye to the skies,” Sullivan said.

“If it rains it may favour Racing To Win and Lad Of The Manor.”

“Apart from some good pre-post money, we haven’t seen much action in Cox Plate betting yet.

“There are too many question marks over too many runners and punters are playing wait and see – it’s a wide open race and very hard to pick.”

TAB Sportsbet have also been hit with the long priced move for Honor In War with punters backing him to win more than $300,000 at odds between $101 and $71.

Racing To Win and El Segundo have attracted consistent support with TAB Sportsbet with bets s of $6000, $5000, $4000 and $2,500 on Racing To Win at $3.50 and $4000, $2500 and a number of $1000 bets on El Segundo at the same price.

SPORTIINGBET COX PLATE ODDS

3.50 Racing to Win, El Segundo

9.00 Miss Finland

11.0 Lad of the Manor, Grey Swallow

15.0 Our Smoking Joe

17.0 Fields of Omagh, Red Dazzler, Pompeii Ruler

26.0 Casual Pass, Aqua D’Amore

31.0 Apache Cat

51.0 Honor in War

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