Reining Melbourne Cup champion Shocking has shortened dramatically in the early 2010 Melbourne Cup betting markets following his impressive second-up win in the Group 2 Makybe Diva Stakes (1600m) on Saturday.
Premier online bookmaker Sportsbet now have the Mark Kavanagh-trained Shocking as the clear $8 favourite to win the 150th Melbourne Cup on Tuesday November 2.
Going out at the generous starting price of $18, Shocking surged through the field on the straight to win by a half-length ahead of Heart Of Dreams ($7.50) with Vigor ($5.50) in third.
The victory was the first time since Jeune in 1994 that a Melbourne Cup winner went on to claim victory in the following year’s Makbye Diva Stakes.
Shocking resumed racing this season in the Group 2 JJ Liston Stakes (1400m) at Caulfield last month, finishing seventh to Shoot Out.
Back at his beloved Flemington, Shocking’s barnstorming win on Saturday has the punters getting behind him to become just the sixth horse in history to claim back-to-back Melbourne Cups.
Unbeaten in his four starts at his home track at Flemington, home to the esteemed Melbourne Cup Carnival, Shocking is also proving to be a talented weight-for-age star.
His solid weight-for-age performance on the weekend has also seen his odds trimmed from $26 into $19 for the 2010 Cox Plate at Moonee Valley on October 23.
But trainer Kavanagh has stated that the famed Melbourne Cup is definitely Shocking’s primary spring target.
“We’re committed to running and being our best on Melbourne Cup day,” said Kavanagh.
Before the weekend the Bart Cummings-trained Dariana was the odds-on favourite to win the 2010 Melbourne Cup.
She has now drifted out to the $15 second elect for the $6 million Melbourne Cup through Sportsbet.
The other big mover in the 2010 Melbourne Cup betting markets is Peter Moody’s Mr. Charlie.
The five-year-old, previously raced in New Zealand, opened as a $26 chance for the Melbourne Cup but after a solid victory in the Spring is the Season Handicap (1700m) at Flemington on Saturday, has shortened into the $17 equal-third favourite at Sportsbet.
Now is the ideal time to lock in an excellent price for your 2010 Melbourne Cup favourites before the spring progresses and their odds shorten.