Money pours onto Copy That for the cup - and some early birds are holding juicy tickets
Copy That’s odds continue to tumble in the hours leading up to today’s $540,000 IRT New Zealand Trotting Cup.
The weight of money on Lincoln Farms’ stable star is such that TAB bookies this morning cut his price to just $2.60.
But there are a number of punters who hold much tastier tickets on Copy That, one of the best someone who put $90 on the horse three months ago at $26.
TAB bookie Matt Peden said early bets were also placed on the horse at odds of $31 and the best price he touched was $41 after he was pulled up when resuming at Auckland on July 1.
In seven starts since Copy That has racked up six wins and a close second during which time his odds have steadily tumbled.
“He’s clearly the best backed horse in the field, over Self Assured, and now accounts for 35% to 40% of the win hold,” Peden said.
So far no one has unloaded huge amounts on Copy That with the biggest bets two of $1000 at $3.80 and numerous $300 bets at the same price.
“The bigger punters haven’t stepped in yet but they will probably get involved later today.”
With turnovers up on last year, Peden is expecting heavy betting on the cup, which starts at 5.34pm.