The Golden Rose has turned into one of the most competitive betting races of the year with bookmakers reporting big money for nearly every runner despite many thinking Smart Missile had one hoof on the trophy.
Sportingbet Australia CEO Michael Sullivan said Smart Missile dominated betting early in the week but there had been big money for Helmet, Foxwedge and Manawanui in the past 48 hours.
“There has been plenty of big money for Smart Missile including a bet of $100,000 but he isn’t dominating betting like many thought he would,” Sullivan said.
“Helmet has been backed from $4.60 to $3.60, while we have taken a bet to win $40,000 on Manawanui and a number of good bets on Foxwedge including one to win $20,000.
“I am sure there will be plenty more big money for Smart Missile after his dominant win in the Run to the Rose but punters certainly don’t think he will have it all his own way.”
Sullivan said the small field was a concern for Smart Missile with the possibility of a lack of speed counting against him if he goes back in the field as most expect he will.
“I think there would have actually been a lot more money for Smart Missile in a bigger field with the guarantee of a truly run race,” he said.
“I don’t think anyone knows where a number of runners will settle and that is what has seen Smart Missile drift from $1.75 to $1.90.”
2011 GOLDEN ROSE
Sportingbet Australia Market
Smart Missile 1.90
Helmet 3.60
Manawanui 6.50
Foxwedge 8.50
Aeronautical 11.00
Flight Of Pegasus 81.00
