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There has been a tidal wave of support for Oceanographer to win the Melbourne Cup

Oceanographer is the big mover for Tuesday’s Melbourne Cup following its win in the Lexus Stakes, crunched from $17 into $7.00 with sportsbet.com.au.

Oceanographer, which was the $6.00 outright second favourite following the Lexus, is now the joint $7.00 second favourite after drawing barrier 11 and the third best backed runner in the field behind Hartnell and Jameka.

  • Oceanographer in from $17 to $7.00 for Tuesday‚Äôs Melbourne Cup.
  • Hartnell eases but remains $4.50 favourite.
  • Katelyn Mallyon‚Äôs ride Assign in from $81 to $51.

Hartnell, which drew barrier 12, eased slightly today from $4.20 out to $4.50. Jameka also eased today from $6.50 out to $8.00, but has come back into $7.00 following the barrier draw.

Bondi Beach, which drew barrier 5, continues to be well backed, firming from $10 into $9.00.

More than 1,000 punters have backed Katelyn Mallyon and Assign to repeat the efforts of Michelle Payne and Prince of Penzance last year, which has seen its odds shorten from $81 into $51.

Rose of Virginia is the smoky, with almost 3,000 punters backing it at $301, which has Sportsbet facing a $5 million payout if it salutes on Tuesday.

‚ÄúIt‚Äôs been all one way traffic for Oceanographer since his win in the Lexus, as Hartnell eases. The English raider is now the joint second favourite with Jameka, remarkable for a horse that was priced at $101 with Sportsbet just 20 days ago,‚ÄĚ said sportsbet.com.au‚Äôs Ben Bulmer.

Market courtesy of sportsbet.com.au

2016 Melbourne Cup

$4.50   Hartnell                      (out from $4.20)

$7.00   Oceanographer          (in from $17)

$7.00   Jameka                        (in from $8.00)

$9.00   Bondi Beach                (in from $10)

$13      Heartbreak City          (steady)

$15      Wicklow Brave            (in from $16)

$17      Almandin                    (out from $13)

$17      Big Orange                  (out from $16)

$21      Almoonqith                (out from $16)

$21      Exospheric                  (out from $17)

$26      Who Shot Thebarman (steady)

$26      Curren Mirotic            (in from $31)

$26      Qewy                           (in from $41)

$34      Grey Lion                    (in from $41)

$41      Our Ivanhowe             (out from $34)

$41      Grand Marshal           (out from $34)

$41      Secret Number           (out from $34)

$51      Assign                         (in from $81)

$51      Excess Knowledge      (out from $41)

$51      Sir John Hawkwood    (in from $67)

$67      Beautiful Romance     (steady)

$67      Gallante                      (steady)

$151    Pentathlon                 (out from $41)

$301    Rose of Virginia          (steady)

 
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