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Punters backing Niwot

AUSSIE battler Niwot is set to turn back the tide of international raiders and win today's Melbourne Cup if the torrent of money for the seven-year-old is any indication.

Bookmakers hold a multimillion-dollar liability on Niwot, which wasn't even in the field for the $6.2 million two-miler until it won the Lexus Stakes on Saturday.

"I don't want to sound unpatriotic, but it is a $2m loser - so we are cheering for the foreigners,'' Sportingbet boss Michael Sullivan said. "It is in to $10, and every time we trimmed the price they still want to back it."

Red Cadeaux, Mourayan, Unusual Suspect, Modun and Saptapadi were backed to win more than $1 million at the call of the card yesterday.

"They back 10, 12 horses. It goes back to the old days of the Melbourne Cup," Betstar's Alan Eskander said.

Read more at brisbanetimes.com.au

Topics:  melbourne cup


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