Punters plunge on Melbourne Cup favourite

Deauville Legend dominates the Ladbrokes.com.au for the race that stops the nation this afternoon at Flemington, the Melbourne Cup (3200m).

The overseas raider makes his Australian debut for James Ferguson and has been favourite for the race for a couple of months. That remains the case, and with confidence it seems, now sitting at $3.50, in from $3.80. He holds just under 50% of money invested.

He dominates the market to such an extent that he is the only runner at single figures, with next best being both Montefilia and Realm Of Flowers, both at $11.