With rumours Exceed and Excel will be the first to serve champion mare Black Caviar, punters with online bookmaker sportsbet have jumped on the foal selling for more than $7 million.

$1.90 is on offer for punters to take a sale price of over or under $7 million and with 75 percent of money bet on the market going on the overs, it’s clear what the punters think.

And with Mum and Dad superstar sprinters during their careers, sportsbet.com.au is taking bets on what distance the foal will win its most races over, installing between 1200m and 1399m as the $1.40 favourite, ahead of 1000m to 1099m ($4.80).

“It’s not surprising to see punters backing the sale price to exceed $7 million, the foal is almost priceless. The pressure is now on for it to excel on the track!” sportsbet.com.au’s Ben Hawes said.

Black Caviar looks set to add to her ever growing trophy cabinet, currently at $1.40 to be crowned the 2012/13 Australian Racehorse of the Year.

Markets courtesy of sportsbet.com.au
Sale price of Black Caviar’s first foal
$1.90 7 million or over
$1.90 Under 7 million

Exceed and Excel/Black Caviar – Most wins at which distance
$1.40 1200 to 1399 metres
$4.80 1000 to 1099 metres
$7.50 1400 to 1599 metres
$10 1100 to 1199 metres
$17 1600 metres and above
$26 Under 1000 metres

Australian Racehorse of the Year 2012/13
$1.40 Black Caviar
$3.00 All Too Hard
$9.00 It’s A Dundeel
$31 Pierro
$81 Appearance
$101 Any other horse