Chautauqua's win in last Saturday's Group I TJ Smith Stakes had to be seen to be believed – the same could be said about the in-play fluctuations.

Shooting for an unprecedented third TJ Smith Stakes, Chautauqua jumped at $8.47 with online betting exchange Betfair.

Once the field of 15 had sorted their positions, Chautauqua was a conspicuous last and trading at $22 by the 800-metre mark.

But that wasn't even close to the top fluctuation.

After oscillating between his approximate starting price and a peak of $100 between the 600 metres and 250 metres, Chautauqua's odds rocketed up to $800 when still four lengths off eventual runner-up English at the 100 metres.

As the gelding cut back the margin in next to no time, his odds plummeted to $6 (50m), then $4.10 (25m) before a last matched bet at $1.02.

See the table below displaying Chautauqua's TJ Smith Stakes fluctuations with Betfair.


Distance - Price

1200m (SP) - $8.47

1000m - $9

800m - $22

600m - $9

400m - $9.60

300m - $100

250m - $9.20

200m - $200

150m - $280

100m - $800

50m - $6

25m - $4.10

Last matched - $1.02