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Horse Racing Market Movers: 3rd Of January 2025

Publish Date: 03/01/2026
Fact checked by: Jordan Noble

Today’s Horse Racing Market Movers, In this article, I’ll be taking a detailed look at the early market movers ahead of a packed Saturday of racing, examining which horses are attracting significant support and which runners are beginning to drift as the markets take shape. Early betting activity can often be extremely revealing, particularly at this time of year when trainers tend to target specific meetings and conditions very carefully.

Market moves are rarely random. While not every price shift is meaningful, sustained support or weakness often reflects confidence from connections, informed punters, or a strong suitability to conditions such as ground, trip, or track configuration. By monitoring these movements closely, we can start to build a clearer picture of which horses are expected to run to their best and which may be vulnerable despite solid recent form. Some horses are already being backed as though defeat is almost unthinkable, their odds shortening steadily as layers respond to consistent money.

Others, meanwhile, are drifting noticeably, suggesting a lack of confidence or potential concerns around fitness, ground, or the strength of opposition. The aim here is to break down the most notable movers of the day, highlight where the strongest market signals are emerging, and assess what these shifts might tell us ahead of some competitive contests.

Well-Backed Horses

#1 The Expensive One

16/1 ➡️ 5/1

2:40 Wincanton

One of the most eye-catching moves of the day comes in the shape of The Expensive One, who has been heavily supported in the early exchanges for this 2:40 at Wincanton. Trained by the Twiston-Davies team, this gelding has seen his price collapse from an early 16/1 into as short as 5/1, a move that immediately demands attention.

He currently sits just 4lbs above his last winning mark, which on its own makes him of interest, but when you factor in the excuses for his last two runs the move starts to make even more sense. Both of those efforts came at Cheltenham, a track that can expose any slight issues with jumping or positioning, and on each occasion things didn’t quite fall right for him.

A return to a sounder surface should suit him far better, and stepping back up in trip looks another positive given how strongly he has shaped in the past when allowed to settle and use his stamina. This looks a much more suitable setup and the market appears to agree. The strength and speed of this support suggests confidence rather than casual money, and he looks one of the most solidly backed runners on the card.

#2 Premier

5/1 ➡️ 5/2

2:05 Wincanton

Premier is another who has been notably well supported, halving in price from 5/1 into 5/2 for this juvenile hurdle at Wincanton. He got off the mark last time out at Taunton, showing a much improved attitude and finishing his race strongly to score with something in hand.

That victory has resulted in an 8lb rise from the handicapper, which is not insignificant, but there is a feeling that this horse still has plenty of upside. Juveniles in particular can improve rapidly once they learn how to win, and Premier looked a different proposition last time compared to earlier efforts.

The booking of Sam Twiston-Davies, taking over from Sean Bowen, is another interesting angle and may also be contributing to the market confidence. He should be well suited by conditions again, and while the rise asks a question, the support suggests many believe he can answer it. If he continues on the same upward curve, this could be another step forward.

#3 Can You Call

3/1 ➡️ 7/4

1:50 Sandown

In the middle-distance veterans’ handicap at Sandown, Can You Call has emerged as one of the strongest market movers of the morning. Trained by Evan Williams, he has been backed from 3/1 into a general 7/4, indicating a high level of confidence in his chances.

He comes here on the back of a dominant success in a similar race at Cheltenham, where he absolutely bolted up, travelling strongly throughout and putting the race to bed in decisive fashion. He has been hit with a 7lb rise for that performance, but given the manner of the win, it’s easy to see why many believe he can defy the extra weight.

This does not look the deepest contest on paper, and he remains relatively lightly raced for a veteran. If reproducing anything close to his last effort, he sets a strong standard and may well prove difficult to beat again. The market support reflects that view and suggests this was a performance connections expected him to build on.

#4 Quandry

12/1 ➡️ 9/2

5:30 Southwell

Turning to the Flat, Quandry has been another to attract plenty of attention, with her price contracting sharply from 12/1 into 9/2 for the 5:30 at Southwell. Trained by Edward Bethell, this mare looks to have been quietly edging her way back towards a winning mark.

She now finds herself just 1lb below her last successful rating, having gradually slipped down the weights, and this looks like a race where connections may feel she is primed to strike. Southwell’s surface can catch some out, but her profile suggests she should cope well, and the sustained support implies confidence on that front.

When a horse moves this strongly from double-figure odds on the Flat, it’s often worth taking note, particularly when the handicap mark looks workable. This feels like a planned opportunity rather than coincidence.

#5 Hot Fuss

5/1 ➡️ 5/2

3:35 Sandown

Rounding out the well-backed list is Hot Fuss, who has shortened from 5/1 into 5/2 for the last race at Sandown. His recent form looks rock solid, having run a huge race in a higher-grade handicap at Ascot, where he split Wilful and Alexei in a contest that has already worked out exceptionally well.

That piece of form alone puts him right at the top of the shortlist here, and he only goes up 2lbs for that effort. Given the strength of the opposition he faced last time, this looks a very fair reassessment by the handicapper.

The early support suggests the market has latched onto that Ascot run, and confidence appears high that he can go one better in slightly calmer waters. If he reproduces that level of form, he will take plenty of beating.

Horses Weak in the Market

#1 Eldorado Allen

6/5 ➡️ 9/4

12:27 Wincanton

Despite solid recent form, Eldorado Allen has been noticeably weak in the market, drifting from 6/5 out to around 9/4. Now a 12-year-old, he has been running with credit, picking up a win and finishing third last time, but he is now 4lbs above his last winning mark.

The lack of support may indicate that punters feel this is a tougher task, particularly against younger, progressive opposition. At his age, small margins matter, and the market may be suggesting that he could find this step up in class and competition a bit too demanding.

#2 Cruden

5/1 ➡️ 12/1

2:40 Wincanton

Few have drifted more dramatically than Cruden, who has eased from 5/1 all the way out to 12/1. He was a close second last time over hurdles and has since been raised 4lbs, meaning he must now defy a career-high mark.

He has also had a run on the Flat since switching stables, which adds another layer of uncertainty. While that outing may have been designed to keep him ticking over, the market clearly isn’t convinced this is the day for him. This feels very much like a watching brief, with connections perhaps having another target in mind.

#3 Wicked Thoughts

11/4 ➡️ 9/2

1:30 Wincanton

Wicked Thoughts has also weakened notably, drifting from 11/4 to 9/2. He won on reappearance on good-to-firm ground and is now 3lbs higher and stepping up in class against more seasoned rivals.

He may still have more improvement to come, but with Paul Nicholls’ yard not firing on all cylinders at present, the lack of early support is slightly concerning. In a stronger market, you would have wanted to see confidence rather than caution.

#4 Bad Habits

5/2 ➡️ 4/1

6:00 Southwell

Another to drift is Bad Habits, despite coming here off the back of a win. He’s up 3lbs for that success, but this race looks weaker on paper, which makes the lack of support a little surprising at first glance.

However, it did take him 17 runs to finally get his head in front, and asking him to back that up just seven days later may simply be too much. The market may be factoring in the possibility of a bounce.

#5 Zuzukel

5/2 ➡️ 9/2

1:05 Cork

Finally, Zuzukel has weakened in the Cork opener, drifting from 5/2 to 9/2. Taking on a red-hot Gordon Elliott team, it’s understandable that support has been thin. His best form has come on much softer ground, and conditions may not play fully to his strengths here.

While it will be interesting to see how he fares, the market looks to be sending a clear message, and in all honesty it may well have this one right.

Every Weekend I will be assessing the days biggest market movers and their chances on the day.

You can also redeem some horse racing betting bonuses throughout the National Hunt season.

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