Online bookmaker Sportingbet is first up with a market for Sunday’s Pakenham Cup and betting suggests an extremely competitive race, with three horses currently sharing favouritism.

Cranbourne horses Morant and Wairoa are $4.60 equal favourites with Praesentia for the $100,000 feature race.

“There’s little between those three so we’ll leave it up to the punters to split them. The enigmatic Captain Fancypantz is just behind them in the market in what is shaping to be a cracking edition of the race,” Sportingbet’s Andrew Brown said.

Captain Fancypantz is a $7 fourth pick in front of Montgomery at $10.

Sportingbet Pakenham Cup

Sportingbet market

1. Morant $4.60

2. Montgomery $10

3. Zlatan $12

4. Praesentia $4.60

5. Severn Road $21

6. Cosentino $14

7. Xaar Best SCR

8. Captain Fancypantz $7.00

9. Wairoa $4.60

10. Loukoumi $26

11. Condahussler $26

12. Makeadreamcometrue $21

13. Dayton $26