The win of Verry Elleegant was a huge result for bookmakers across Australia. But one was left to wonder just how big the profits could have been.
The win of Verry Elleegant was a huge result for bookmakers across Australia who stood to lose tens of millions if hot favourite Incentivise won.
The TAB held $8 million on the race of which 24 per cent was bet on Incentivise.
Other corporate bookmakers around the country laid Incentivise for millions of dollars so they would have been thrilled to see $18 chance Verry Elleegant sail past Incentivise at the 300m mark.
Betting agency Sportsbet would be second guessing their decision to payout on a Melbourne Cup win for Incentivise on October 20.
They paid out customers a total of $5.6 million but there's a fair chance they got that back and more today.
Spanish Mission was third and Floating Artist was fourth.
The official winning margin was four lengths.
Verry Elleegant, last year’s Caulfield Cup champ, gave champion trainer Chris Waller his first Melbourne Cup.
The six-year-old is the first mare to win the Cup since Makybe Diva in 2005 and also defied history by carrying the most weight (57kg) to win since Protectionist shouldered 56.5kg in 2014. Makybe Diva carried 58kg in her third Cup in 2005.
Recap a brilliant day from Flemington in our blog below.
Thanks for following our live coverage of Melbourne Cup Day!
Congrats to everyone involved in Verry Elleegant on a memorable victory.
We'll have full coverage of the Melbourne Cup fallout throughout the night and coming days.
But for now, hope you backed a winner or two and enjoyed our Melbourne Cup coverage from Race 1 to 10.
And that's a wrap on Melbourne Cup Day for another year!
The John O'Shea-trained Quantico has stamped himself as a real star of the future with a slashing victory in the Listed MSS Security Sprint (1200m).
Winner at five of his first nine starts at home in Sydney, the five-year-old son of I Am Invincible savaged the line to score comprehensively at his first experience up the straight.
The impressive win provided three-time Melbourne Cup winning jockey Kerrin McEvoy his first success of the Flemington carnival.
The win by Quantico will go some way to eroding the disappointment O'Shea encountered when race favourite Promise Of Success was a shock late scratching in the lead up to race eight.
Finishing second in the final event on Melbourne Cup day was Sirius Suspect while Prime Candidate finished third.
FULL RESULT
1- 14. QUANTICO
2 – 7. SIRIUS SUSPECT
3rd – 4. PRIME CANDIDATE
4th- 11. MUNITIONS
Quaddie
4-2-6-14
$4,232.20
Treble
2-6-14
$257.00
Quinella
14-7
$126.30
Exacta
14-7
$211.20
Duet
14-7
$33.20
Duet
14-4
$9.10
Duet
7-4
$51.40
Trifecta
14-7-4
$1,613.00
First Four
14-7-4-11
$44,641.00
Running Double (9,10)
6-14
$42.70
Trio
14-7-4
$277.80
Odds & Evens
SPLIT
$2.80
BIG6 Major
9-1-4-2-6-14
$46,468.80
Jackpot $16,626.80
BIG6 Supp.
9-1-4-2-6-AOS
$3,991.70
Don't say it, don't say it…
Day for it!
Great to see the crowds back at Flemington.
2021
2020
We're told these lads enjoyed a very nice result on the Cup!
Incentivise was supposed to be unbeatable – just someone forgot to tell Verry Elleegant.
Brad Waters looks back on the favourite's Melbourne Cup run.
The win of Verry Elleegant was a fill-up for bookmakers across Australia who stood to lose tens of millions if hot favourite Incentivise won.
The TAB held $8 million on the race of which 24 per cent was bet on Incentivise.
Other corporate bookmakers around the country laid Incentivise for millions of dollars so they would have been thrilled to see $18 chance Verry Elleegant sail past Incentivise at the 300m mark.
Betting agency Sportsbet would be ruing their decision to payout on a Melbourne Cup win for Incentivise on October 20.
They paid out customers a total of $5.6 million but there's a fair chance they got that back and more today.
Verry Elleegant's #MelbourneCup win means we've paid out $50 million on two horses, after our $5.6 million Early Payout on Incentivise two weeks ago. pic.twitter.com/5iKAI3pXRc
— Sportsbet.com.au (@sportsbetcomau) November 2, 2021
Incentivise is airborne… So we’ve paid out early on him to win the Melbourne Cup! 🏆🙌 pic.twitter.com/TS4oEkBHkO
— Sportsbet.com.au (@sportsbetcomau) October 19, 2021
Trainer Mitchell Freedman and jockey Jordan Childs have combined to win the Listed TAB Trophy (1800m) with Spirit Of Gaylard.
Unlucky to miss a berth in last Saturday's Victoria Derby, Spirit Of Gaylard confirmed he's a horse with a real future, toughing it out for a slender Cup day success over the 1800 metre journey.
Sent out a $5.50 second favourite by punters, Spirit Of Gaylard defeated Blushing Tycoon by a narrow margin on the line with $4.60 favourite Maracana not far away in third.
FULL RESULT
1 – 6. SPIRIT OF GAYLARD
2 – 2. BLUSHING TYCOON
3 – 14. MARACANA
4th – 12. ALL SO CLEAR
Emotional win there at Flemington for Spirit Of Gaylard. Named in honour of the late Rob Gaylard, MC at Flemington for many years and a great friend to so many. Well done to make this happen to Terry Henderson & Gerry Ryan, partly owned by Rob’s wife Karen, lovely moment #CupDay
— Bryan Martin OAM (@bmracingclub) November 2, 2021
Quinella
6-2
$49.30
Exacta
6-2
$83.00
Duet
6-2
$13.80
Duet
6-14
$4.40
Duet
2-14
$11.90
Trifecta
6-2-14
$387.80
First Four
6-2-14-12
$7,138.50
Running Double (8,9)
2-6
$37.00
Daily Double
4-6
$78.30
Trio
6-2-14
$57.30
Odds & Evens
EVEN
$2.70
Trainer Chris Waller was a feature guest on Channel 10's coverage after Verry Elleegant's triumph in the great race.
Waller was interviewed by 10's Michael Felgate, who had jockey James McDonald for company.
The only issue was someone forgot to tell Waller's wife Stephanie, who appeared to think they were talking to Jason Richardson.
At one stage after planting a kiss and hug on Waller she said: "Hi, Jason, I'm here. Hi, Jason, I'm here."
During the interview, there were several times she referred to Michael as "Jason" before Felgate said: "It's Michael here, Channel 10."
OK, so we all know Verry Elleegant won and Incentivise finished second.
But who finished behind the two mighty horses?
SEE THE FULL FINISHING ORDER HERE
A masterful Nash Rawiller ride has returned talented mare Rich Hips to winning form in the Group 3 Hong Kong Jockey Club Stakes (1400m).
Winning the race for the second straight year, Rich Hips drew gate 11 for the group 3 event but you wouldn't have known it watching the latter stages, Rawiller producing a rails hugging ride to secure victory on the Trent Busuttin and Natalie Young-trained five-year-old.
Second in the race was Excelida while Paul's Regret filled third. Race favourite April Rain was well beaten out of the placings.
FULL RESULT
1- RICH HIPS
2- EXCELIDA
3 – PAUL'S REGRET
4 – BELLE PLAISIR
Quinella
2-7
$97.30
Exacta
2-7
$153.00
Duet
2-7
$24.10
Duet
2-4
$18.50
Duet
7-4
$63.80
Trifecta
2-7-4
$1,968.80
First Four
2-7-4-3
$18,115.70
Running Double (7,8)
4-2
$123.20
Trio
2-7-4
$0.00
Odds & Evens
SPLIT
$1.80
Godolphin has made a decision who will run in its Everest slot and has already tied up a Melbourne-based jockey.
Two of Australia’s tote pools are set to merge in a significant step towards a national tote. Get the details about the impending parimutuel shake-up.