Two stakes wins by Parchment Party in long-distance stakes at Saratoga in June and August have not impressed Australian bettors in advance of Monday’s Group 1 Melbourne Cup at Flemington Racecourse.
As of Thursday, Parchment Party was a 40-1 outsider in an expected field of 24 in the $6.55 million Melbourne Cup, run at two miles on turf.
Parchment Party, a 4-year-old colt trained by Bill Mott, is winless in two starts on turf. He was ninth of 11 in the Grade 2 Mac Diarmida Stakes at 1 3/8 miles on turf at Gulfstream Park on March 1 in his latest start on the surface.