Many punters put money on Incentivise – FBC News

Some say one strategy when it comes to betting on the Melbourne Cup winner is simply follow where the big money is going.

Today the TAB has reported a massive bet on the favorite, with the punter standing to collect $182,000 should the horse win this afternoon.

Grants Betting Fiji Managing Director Rahul Sundar says more punters are turning up at their outlets.

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He adds the government’s assistance has come at the right time for some of the punters.


“A lot people have a winning side this year, they’re expecting to have a big win at the Melbourne Cup as well, thanks to our government $360 assistance we expecting more customers coming in”.

Meanwhile, Incentivise, the shortest-priced favorite for the race since Phar Lap, opened at $2.30 but has continued to drift in the market.

There has been lots of support for Incentivise, with TAB also reporting two $10,000 bets and one $15,000 bet by Australian punters on the favorite in the lead-up to the race.

A few brave punters have also put plenty of cash on a few of the outsiders and stand to get lots back in return should they be successful.

TAB has taken bets of $10,420 at $24 on Miami Bound to place, which would equate to a $250,080 return.

One overseas punter has put $15,625 on Ocean Billy to place at $16 while another has $14,705 on She’s Ideel to place at $17.

Fox Sports reports a brave person has splashed $20,830 on Selino to place, paying $12 and with a return of $249,960 should it come true.

Source:Fox Sports Australia


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