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  1. #1
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    Black Caviar heavily backed at Ascot

    The big bets have started to come for Black Caviar with Sportingbet Australia taking a bet of $300,000 at $1.25 amongst a series of massive wagers on the unbeaten mare.

    Sportingbet Australia CEO Michael Sullivan said punters weren’t in the least bit worried about Black Caviar’s long trip to Royal Ascot and were just as confident of her winning the Diamond Jubilee as they have been in her recent starts in Australia.

    “Black Caviar has been backed from $1.30 to $1.20 this week with just as many punters backing her in the UK as they would if the race was in Melbourne,” Sullivan said.

    “We have taken a bet of $300,000 plus bets of $20,000, several bets of $10,000 and a mountain between $2000 and $5000.

    “Punters just think she is a moral and are happy to back her as they are getting probably double the price they would get if this race was in Australia.”

    Sullivan said there hadn’t been any interest in any runner to beat the super mare.

    “We are holding over half a million on Black Caviar and less than $250 on all the other horses in the race combined,” he said.

    “It is a one horse affair as far as punters are convinced and it just looks a matter of how far she wins by.”

  2. #2
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    Join Date
    Aug 2011
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    989
    Note that if you plan to bet on Black Caviar you can get higher odds with overseas bookmakers. Punters in the UK don't rate Black Caviar as highly as they do here. Below are some odds comparisons at the time of writing:

    Black Caviar winner odds (Diamond Jubilee Stakes - June 23rd)

    Australian bookmakers:

    Centrebet: 1.20
    IASbet: 1.22
    Luxbet: 1.20
    Sportingbet: 1.20
    Sportsbet: 1.22

    Overseas bookmakers (all support AUD accounts):

    bet365: 1.28
    Betfred: 1.29
    BetVictor: 1.286
    Blue Square: 1.28

  3. #3
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    Join Date
    Aug 2011
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    989
    You can get 1.31 with Betfair before commissions. With a 5% commission this equates to: 1.2945, which is the best we've found at the time of writing.

  4. #4
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    Join Date
    Aug 2011
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    989
    You can view updated odds for Black Caviar here:
    http://www.aussportsbetting.com/2012...-black-caviar/

    In some instances the gap between local and UK bookmakers has widened.

    The link above also discusses a Sportsbet promotion where you get double the profit.

 

 

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