According to punters, Signoff will win Saturday’s Lexus Stakes and go on to be one of the top chances in next Tuesday’s Melbourne Cup 2014.

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Signoff has attracted strong support to win the Lexus Stakes at Sportingbet.com.au since markets went up on Wednesday and the Darren Weir-trained five-year-old is also shortening in Sportingbet’s Melbourne Cup market.

“We’ve taken one bet of $10,000 and plenty of other big stuff for Signoff and he’s now $2.80 from $2.90 for the Lexus,” Sportingbet’s Andrew Brown said.

“His Melbourne Cup odds have also been crunched in the last ten days courtesy of a huge spike in interest and bet numbers.”

Signoff’s odds of winning the Cup have halved from $34 into $17 at Sportingbet in the past ten days. That makes him an equal sixth favourite with Red Cadeaux and behind Admire Rakti ($5), Protectionist ($6), Lucia Valentina ($6.50), Fawkner ($10) and Mutual Regard ($10).

2014 Lexus Stakes

Odds from Sportingbet.com.au

Signoff $2.80

Lord Van Percy $7.50

Big Memory $8

Caravan Rolls On $8

La Amistad $8

More Than Sacred $10

Let’s Make Adeal $11

Shoreham $16

Marksmanship $17

Like A Carousel $17

Wish Come True $41

Unchain My Heart $61

Thunderbird One $101