Press Statement odds-on for Randwick G1

While Press Statement is the dominant early favourite for the Randwick Guineas in Sydney, the Australian Guineas market is much more open.

Both Sydney and Melbourne will have a Group One 1600m Guineas for three-year-olds on Saturday with Caulfield Guineas winner Press Statement at $1.70 to win at Randwick.

Boom New Zealand colt Xtravagant, meanwhile, heads the Australian Guineas market at $4.20 with the Darren Weir-trained Palentino at $4.80.

Victoria Derby winner Tarzino is at $6 for the Flemington race while Mahuta, who has won his past six starts, is at $7.

Xtravagant has won five of his eight starts across the Tasman including two at Group One level.

Acceptances for both Guineas are taken on Wednesday.