Betr offers early cash out on Melbourne Cup favourite

Online bookmaker Betr is offering punters who backed Melbourne Cup favourite Deauville Legend an early cash out of $150 + their original stake to lower their liability on the horse.

Betr launched three weeks ago and offered 100-1 odds on all Melbourne Cup horses to a max bet of $10. Deauville Legend is currently a $3.70 chance in Melbourne Cups markets. Punters who backed the horse at 100 at Betr have been given the choice of taking an early payout of $150 plus the original stake of$10, which is due to be made on Tuesday morning.