Glencadam Gold is still the favourite for the 2012 Caulfield Cup despite drawing barrier twenty-one.

Connections weren’t too upset with the draw as the imported stayer runs on the pace and most of the other fancied horse also drew outside.

The Gai Waterhouse-trained gelding is currently priced at $4.80 in the Caulfield Cup betting market at bookmaker.com.au.

Second favourite Dunaden also drew poorly and will start from the very outside of the field.

The 2011 Melbourne Cup winner has been well backed during the week but is expected to drift slightly because of the poor alley.

December Draw drew in the middle of the field and is another horse that has been well backed this week.

The Mark Kavanagh-trained import is still a question mark over 2400m having only run over the distance once, in last year’s Caulfield Cup where he was injured and finished last.

Lights of Heaven has been the market mover in the Caulfield Cup betting market at bookmaker.com.au and is now into odds of $12.

The Zabeel mare struggled early in her spring campaign but found form to finish third behind Lamasery in the Hill Stakes (2000m).

Peter Moody also has Viola Ici and Sneak A Peek in the race and he believes Sneak A Peek may be his best chance in the race.

“Sneak A Peek has worked every bit as good as any of these horses at home including Manighar,” the leading trainer said.

The five-year-old is having just his fourth start in Australia, after joining the Moody stable earlier this year, and is available at odds of $16.

2010 Melbourne Cup winner Americain, international raider Jakkalberry, defending Caulfield Cup winner Southern Speed, Luca Cumani-trained My Quest For Peace and eight-year-old Alcopop are the other runners at odds of less than $20.

You can find the very best Caulfield Cup odds at bookmaker.com.au.

Quote the code BONUSBET when making your first deposit to receive a free welcome bet worth up to $400!