There’s been a bit of movement in the 2011 Adelaide Cup Betting markets with plenty of money flooding in during the lead up to the 3200m event.

King Diamond opened as favourite on online bookmaker Luxbet and in the last few hours he’s shortened even further.

Originally out at $4.20 he’s now come in to a $3.80 fixed price.

There’s also been a bit of support for the equal second favourite Guyno with fixed prices on the seven-year-old dropping half a point from $7.50 into $7.

The mark is shared by Macedonian which was at $8 before shedding a full point.

Further back in the field Maunatrice is out half a point to $9 and we’ve seen prices drift on plenty of the outsiders such as Muir, Zauberin, Pergola and Saddler’s Story.

The biggest mover in the field so far in betting is the roughie Tibooburra Travis coming in from $41 odds to a current $34 fixed price.

To take advantage of all these odds and keep up to date with the latest market movements join Luxbet today.

All new members are eligible for a $400 free bet on sign up so there’s never been a better time to join Australia’s favourite online bookie.