You don’t often get to read tips that suggest laying the favorite, but that’s exactly what happens in the Breeders’ Cup Classic race. Join us as we serve the best betting odds for this weekend.
The definitive year-ending event of the international racing season takes place this weekend. The Breeders’ Cup World Championships features many races on October 30/31 but we’ll focus on the richest race in all of North America: the Breeders’ Cup Classic with a $5 million purse. Ten horses are racing on Sunday, yet bettors certainly didn’t wait to bet that late. Let’s see the action of the betting odds as presented in Betfair’s charts.
Money Talks: American Pharoah
When money is talking, the odds are moving. So, when the American Pharoah’s odds declined to almost even odds, you know punters have put their money where their mouth is. The odds momentarily drifted to 9.0 but gradually returned to their lower point at 2.50, making the Zayat Stables’ horse the top favorite of the race at this moment.
Since we started with the favorite horse and descending odds, let’s see a couple of more declines. Firstly, bettors apparently liked the generous Tonalist’s odds and backed him heavily the past few days. Layers struggled to keep the odds above 15.0 and finally retreated to the 9.0-10.0 area where the odds are currently trading.
Frosted’s odds chart may not look promising at first glance. The quick drift that occurred in the beginning of the betting round pushed the odds to 28.0. Since that climb though, horse racing punters developed a preference for Frosted, which led the odds to drop down to 17.0. While surely the horse is a big underdog, we cannot ignore the shortening odds, particularly if we are looking for an upset in this market.
The Uneventful Odds Chart of the Remaining Favorites
Beholder, Honor Code and Gleneagles’ charts aren’t that fascinating, but we can still extract some information. For instance, I would stay away from betting on Beholder, due to the recent spike to new higher highs. Given the odds traded above 6.00 and backers are now get 5 times their stake – the previous resistance level, an uptrend will more likely develop during the weekend.
While Honor Code’s odds are ranging between 8.0 and 13.0, the drifting odds of Gleneagles are way more exciting. Since they penetrated the 15.0 price level, odds spiked to 35.0 and returned to 15.0, creating a nice opportunity for layers.
In summary, I would lay Gleneagles and Beholder and back Tonalist to win the Breeders’ Cup Classic race as my horse racing betting picks this weekend. If I were a more risk-seeking bettor, I would also look to go against American Pharoah. However, it’s not everyone’s cup of tea to lay the favorite horse, especially in such a high-profile horse racing event! Make sure you understand your betting strategy beforehand and you would be a lot calmer when the heat is up.