Source: MATTHEW JONES, The Daily Telegraph /

However, one TAB punter has total confidence in Winx winning her 25th straight race by placing $124,500 on her at $1.18. The same punter has placed wagers of $108,000 and $114,000 on her this campaign for a profit of $17,880.

“One of our customers is taking a ‘let it ride’ type attitude on Winx heading into the Queen Elizabeth,” TAB’s Andrew Georgiou said. “They’ve already had two $100,000-plus bets on her this autumn and basically reinvested that, plus winnings, into the next race.”

The punter will collect a further $22,410 if she wins again on Saturday.

Winx will come out of gate 10 with regular jockey Hugh Bowman on board as she bids to win her second consecutive Queen Elizabeth Stakes.

The three next best in the market — Humidor ($11), Happy Clapper ($13) and Gailo Chop ($13) — remained unchanged after drawing barriers one, nine and five respectively.

“Winx has got out slightly after drawing the outside barrier in the 10-horse field,” Georgiou said. “I’m not sure she will get out much more, however, I can guarantee that our customers will be backing her no matter the price.”

Day two of The Championships will feature four Group 1 races, including the $2m Schweppes Sydney Cup (2400m) where Melbourne Cup winner and last-start Tancred Stakes (2400m) victor Almandin remained a $4 favourite after drawing gate five.

The big firmer after the barrier draw was last-start Chairman’s Quality (2600m) winner Sir Charles Road, who came in from $11 to $8 to be an equal second favourite with Aloft.