New Approach set to run: Derby latest

New Approach's price movements in the Betfair ante-post Epsom Derby market will become the stuff of betting legend if he runs, as is now expected, and wins the Classic on Saturday.

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It will also be the stuff of nightmares for those who took at face value fairly definitive and consistent quotes from connections, since April 21, that he wouldn't run in the race, and laid the horse out to a massive-high of 209/1 on Betfair.

However, for every unfortunate Betfair punter in these circumstances, there is a lucky recipient on the other side of the bet – and that is certainly the case with those Betfair backers who have secured three-figure odds about the horse. One punter has £27.50 on New Approach at those stunning odds of 209/1.

Betfair spokesman Tony Calvin said: "When we suspended the market at midday today for the five-day declaration stage, New Approach was trading as the 7/1 third favourite.

"And to me that seems a huge price, given that he now appears highly likely to take his chance and is Timeform's top-rated horse in the race, and one many are expecting to relish the extra half mile. So perhaps our customers aren't ruling out another volte-face."

To win the Epsom Derby – Betfair bet: 7/2 Casual Conquest, 11/2 Curtain Call, 7/1 New Approach, 8/1 Tajaaweed, Tartan Bearer, 11/1 Doctor Fremantle, 21/1 Frozen Fire, Rio De La Plata, 24/1 King Of Rome, 33/1 Alessandro Volta, 54/1 River Proud

Click here for a free £25 to bet on the Derby with Betfair