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Sportsbet have refunded more than $500,000 on the Caulfield Cup after Admire Rakti romped to victory in a Caulfield classic.

BONUS BET: Sign-up at Sportsbet.com.au via this link for a $501 BONUS BET

The sun kept undercover but the mediocre weather couldn’t dampen the spirits of the Victorian racegoers at Caulfield.

The early races did their best to take the wind out of punters’ sails, but things started to look better as the afternoon progressed.

Admire Rakti and (f) Lucia Valentina attracted much of the late money, after the favourite had drifted earlier in the day.

Brambles looked strong in the early going, but left the rail to allow Rising Romance to come through before the Japanese horse Admire Rakti burst from the pack to take the win.

It was a classy ride from Zac Purton, who waited until just the right moment before applying some encouragement.

It was also a great result for the punters with the favourite and two well-backed runners placing.

Clever punters who bagged Admire Rakti during Sportsbet’s Caulfield Countdown will be cock-a-hoop tonight, after they notched the five-year-old at $19.

Terms and Conditions
1. The refund offer applies only on bets placed over the Internet, on m.sportsbet.com.au, t.sportsbet.com.au or any Sportsbet.com.au mobile or tablet app. Excludes phone bets.
2. Maximum refund $100. The offer applies to your first bet on the Caulfield Guineas or the Thousand Guineas on Saturday 11 October, 2014. Futures markets (all in) are included.
3. For the offer to be valid, your Win or Each Way selection must finish 2nd or 3rd. Each-way bets will have the Win portion of their stake refunded. Applies to Fixed and Top Tote Place markets.
4. Multibets, free bets, phone bets and Live Betting are excluded from the offer.
5. The refund will be credited to the Member’s account as a separate cash transaction within 24 hours of the completion of the event.
6. To be eligible for Sportsbet.com.au promotions, customers must be Australian or New Zealand residents and bets must be placed in Australian or New Zealand dollars.
7. Sportsbet promotions are intended for recreational punters. Professional gamblers and members deemed by Sportsbet to be abusing the spirit of the promotion will not be eligible for refunds. Sportsbet reserves the right to make this promotion unavailable to Members considered to be abusing the promotion by any means.
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