Telescope slashed for Arc
Telescope was slashed for the Prix de l'Arc de Triomphe after romping to victory on the final day of Royal Ascot.
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Sir Michael Stoute's star was a seven-length winner of the Hardwicke Stakes, after which he was given quotes as short as 8/1 for the autumn middle-distance showpiece at Longchamp.
BetVictor went into single figures, making the horse their third favourite behind Derby winner Australia and the reinging Arc champin Treve.
However, the Betfred-totesport stable were prepared to dangle 20/1 - still a big cut given the horse was available at 66s before the race.
Sky Bet's Michael Shinners, whose firm went into 14/1, said: "It was a very impressive performance from Telescope in spread-eagling what looked a decent field.
"He looked really good on quick ground at York and that may be the key to him.
"If it turned up quick in France he would be a huge player."
In a fine meeting for the favourites, Telescope had been a well-backed jolly and that was also the case in the Diamond Jubilee Stakes in which Slade Power triumphed.
Slade Power had been well supported after Sole Power, owned by the same connections, won the other big sprint race of the meeting, the King's Stand Stakes, earlier in the week.
The horse didn't disappoint, winning at 7/2, and was duly made a clear favourite for the July Cup.
After the race, Betfred-totesport were offering a best of 4/1 about a repeat win at Newmarket next month with William Hill in at just 5/2.
Runner-up Due Diligence was also cut - into a best of 13/2 - but third-placed Aljamaaheer was pushed out to 8/1, the same price as Sole Power.
The bookies were also forced to react to a decent display from Richard Pankhurst in the Chesham Stakes.
John Gosden's charge was introduced as favourite for next year's 2000 Guineas by several firms after winning comfortably.
Betfred and totesport kept the colt well onside at 12/1.
Other firms were prepared to offer 25/1, including BetVictor who said they "weren't particularly impressed" by the run.
William Hill's Jon Ivan-Duke, whose firm went up with 14/1, said: "(Gosden's) Kingman was the ante-post favourite months before this year's 2000 Guineas and John Gosden has got another early contender for the race, with Richard Pankhurst now leading the betting."