Underwood Stakes

Underwood Stakes

Group One Betting Guide
Date: Saturday, September 25, 2025
Location: Caulfield Racecourse – Melbourne, Victoria
Prize Money: $750,000
Distance: 1800m

Sometimes referred to as the unofficial opening of the Melbourne Cup Carnival, the Group 1 Underwood Stakes is the first weight-for-age race of the spring.

The weight-for-age race is the headline act on the metropolitan card in Victoria each year on the weekend of the AFL Grand Final, and goes alongisde Golden Rose day in Sydney.

The Underwood Stakes is often looked at as a precursor to the Cox Plate, with the double having been done 15 times over the race’s 90-year history. Another six horses have run in the Underwood and then gone on to win the Cox Plate.

The most well-known to achieve this feat was Northerly, trained by Fred Kersley, who did it in 2001 and 2002. The latter victory made all the more special by the great horse also winning the Caulfield Cup in the same year.

Despite all the bluster about it being a trial run for the Caulfield Cup, just seven horses have done the double before, admittedly three of those Northerly (2002), Mummify (2003) and Elvstroem (2004) have been since 2000.


2025 Underwood Stakes odds

Markets for the 2025 Underwood Stakes are currently unavailable.


Betting on the Underwood Stakes

The Underwood Stakes has thrown up some true surprises over the years for punters. As it is so early in the season it is hard to gauge a horse’s form, with many of the leading contenders having their eyes on bigger rewards later in the carnival.

2019 winner Black Heart Bart was the biggest priced winner when he got up at $101 in what was a shock to many punters.

It can pay to do some research and see what the trainer is planning for that specific campaign, a horse might have two runs under its belt and be peaking, while a much quicker horse might be aimed at the Cox Plate and using the Underwood as a warm-up.

All Australian online bookmakers worth their grain of salt will have markets out for the Underwood at least a month in advance.

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Latest Underwood Stakes News

Buckaroo runs away with Group 1 Underwood Stakes
Chris Waller and Joao Moreira have combined with Buckaroo to take out the feature Group 1 Underwood Stakes at Caulfield ...
Caulfield betting tips
The Group 1 Underwood Stakes (1800m) headlines a stacked 10-race card at Caulfield on September 21, 2024. Check out HorseBetting's ...
Place Du Carrousel
Group 1-winning Place Du Carrousel is primed for a sharp performance in the Underwood Stakes, with co-trainer Sam Freedman aiming ...
Coco Sun
South Australian Derby winner Coco Sun heads to the Underwood Stakes at Caulfield, with trainer Calvin McEvoy eyeing a potential ...
Fawkner Park
Fawkner Park eyes the Underwood Stakes as a prep for the Caulfield Cup and Japan Cup, with trainer Annabel Neasham ...
Coco Sun
Coco Sun, the South Australian Derby winner, returns to racing at Caulfield in a Benchmark 100 as she prepares for ...

2025 Underwood Stakes Final Field

HorseBetting will update this page when the 2025 Underwood Stakes final field is released.


Previous Underwood Stakes Fields

Plenty of Group 1 superstars have gone on to win the Underwood Stakes. Check the previous fields of the Underwood Stakes out here.

  • Vow And Declare Silks

    1. Vow And Declare (13)

    • T: Danny O’Brien
    • J: Billy Egan
    • W: 59kg
    • F: 5×140
    • Age: 9YO
    • Colour: Chestnut
    • Sex: Gelding
    • Sire: Declaration Of War (USA)
    • Dam: Geblitzt
    Pericles Silks

    2. Pericles (11)

    • T: James Cummings
    • J: Blake Shinn
    • W: 59kg
    • F: 13×27
    • Age: 5YO
    • Colour: Brown
    • Sex: Gelding
    • Sire: Street Boss (USA)
    • Dam: Accessories (GB)
    Munhamek Silks

    3. Munhamek (1)

    • T: Nick Ryan
    • J: Jamie Mott
    • W: 59kg
    • F: 54611
    • Age: 9YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Dark Angel (IRE)
    • Dam: Cadenza (FR)
    Huetor Silks

    4. Huetor (6)

    • T: Peter Snowden
    • J: Michael Dee
    • W: 59kg
    • F: x0451
    • Age: 8YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Archipenko (USA)
    • Dam: Briviesca (GB)
    Kovalica Silks

    5. Kovalica (12)

    • T: Chris Waller
    • J: Damian Lane
    • W: 59kg
    • F: 3×563
    • Age: 5YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Ocean Park (NZ)
    • Dam: Vitesse (NZ)
    Bois D'argent Silks

    6. Bois D’argent (4)

    • T: Annabel Neasham & Rob Archibald
    • J: Ben Melham
    • W: 59kg
    • F: x3134
    • Age: 8YO
    • Colour: Grey
    • Sex: Gelding
    • Sire: Toronado (IRE)
    • Dam: Madonna Lily (IRE)
    Fawkner Park Silks

    7. Fawkner Park (2)

    • T: Annabel Neasham & Rob Archibald
    • J: Tyler Schiller
    • W: 59kg
    • F: x1311
    • Age: 6YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Zoffany (IRE)
    • Dam: Za’Hara (IRE)
    Buckaroo Silks

    8. Buckaroo (10)

    • T: Chris Waller
    • J: Joao Moreira
    • W: 59kg
    • F: 18×65
    • Age: 6YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Fastnet Rock
    • Dam: Roheryn (IRE)
    Knight's Choice Silks

    9. Knight’s Choice (3)

    • T: John Symons & Sheila Laxon
    • J: Craig Williams
    • W: 59kg
    • F: x4324
    • Age: 5YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Extreme Choice
    • Dam: Midnight Pearl
    Duke De Sessa Silks

    10. Duke De Sessa (8)

    • T: Ciaron Maher
    • J: Declan Bates
    • W: 59kg
    • F: 2557x
    • Age: 6YO
    • Colour: Bay
    • Sex: Gelding
    • Sire: Lope de Vega (IRE)
    • Dam: Dark Crusader (IRE)
    Place Du Carrousel Silks

    11. Place Du Carrousel (5)

    • T: Anthony & Sam Freedman
    • J: Mark Zahra
    • W: 57kg
    • F: x72x0
    • Age: 6YO
    • Colour: Bay
    • Sex: Mare
    • Sire: Lope de Vega (IRE)
    • Dam: Traffic Jam (IRE)
    Deny Knowledge Silks

    12. Deny Knowledge (9)

    • T: Anthony & Sam Freedman
    • J: Jye McNeil
    • W: 57kg
    • F: x1204
    • Age: 7YO
    • Colour: Bay
    • Sex: Mare
    • Sire: Pride of Dubai
    • Dam: The Paris Shrug (GB)
    Coco Sun Silks

    13. Coco Sun (7)

    • T: Tony & Calvin McEvoy
    • J: Jamie Kah
    • W: 56kg
    • F: 7×131
    • Age: 4YO
    • Colour: Bay
    • Sex: Mare
    • Sire: The Autumn Sun
    • Dam: Miss Hufflepuff
  • No. Silks Horse Trainer Jockey Barrier Weight
    1 Silks
    Vow And Declare
    Danny O’Brien
    Billy Egan
    4
    59kg
    2 Silks
    Alligator Blood
    Gai Waterhouse & Adrian Bott
    Damien Oliver
    8
    59kg
    3 Silks
    Mo’unga
    Annabel Neasham
    Jamie Mott
    17
    59kg
    4 Silks
    Nonconformist
    Grahame Begg
    Harry Coffey
    6
    59kg
    5 Silks
    Tuvalu
    Lindsey Smith
    Jamie Kah
    13
    59kg
    6 Silks
    Smokin’ Romans
    Ciaron Maher & David Eustace
    John Allen
    14
    59kg
    7 Silks
    Alenquer
    Mike Moroney
    Declan Bates
    10
    59kg
    8 Silks
    Without A Fight
    Anthony & Sam Freedman
    Mark Zahra
    11
    59kg
    9 Silks
    Right You Are
    Ciaron Maher & David Eustace
    Ben Allen
    2
    59kg
    10 Silks
    Soulcombe
    Chris Waller
    Blake Shinn
    5
    59kg
    11 Silks
    Duke De Sessa
    Ciaron Maher & David Eustace
    Ethan Brown
    16
    59kg
    12 Silks
    Bank Maur
    Richard Laming
    Jye McNeil
    1
    58kg
    13 Silks
    Lindermann
    Chris Waller
    Hugh Bowman
    3
    58kg
    14 Silks
    Attrition
    Mitchell Freedman
    Ben Melham
    15
    58kg
    15 Silks
    Duais
    Edward Cummings
    Craig Williams
    7
    57kg
    16 Silks
    Lunar Flare
    Grahame Begg
    Michael Dee
    12
    57kg
    17 Silks
    Alaskan God (1E)
    Daniel Morton
    TBC
    9
    59kg
  • No. Silks Horse Trainer Jockey Barrier Weight
    1
    Zaaki
    Annabel Neasham
    Jamie Kah
    5
    59kg
    2
    I’m Thunderstruck
    Mick Price & Michael Kent Jnr
    Mark Zahra
    6
    59kg
    3
    Alligator Blood
    Gai Waterhouse & Adrian Bott
    Tim Clark
    2
    59kg
    4
    Mr Brightside
    Ben & JD Hayes
    Craig Williams
    4
    59kg
    5
    Mo’unga
    Annabel Neasham
    Nash Rawiller
    3
    59kg
    6
    Nonconformist
    Grahame Begg
    Jordan Childs
    1
    59kg
  • No. Silks Horse Trainer Jockey Barrier Weight
    1 Fifty Stars Tom Dabernig John Allen 1 59kg
    2 Zaaki Annabel Neasham Craig Williams 3 59kg
    3 The Chosen One Murray Baker & Andrew Forsman Damian Lane 5 59kg
    4 Superstorm Danny O’Brien Damien Oliver 4 59kg
    5 Probabeel Jamie Richards Brett Prebble 2 59kg
  • No. Silks Horse Trainer Jockey Barrier Weight
    1 Gailo Chop Matthew Smith Dean Yendall 5 59kg
    2 Humidor Chris Waller Craig Williams 3 59kg
    3 Trap For Fools Lindsey Smith Declan Bates 6 59kg
    4 Levendi Peter Gelagotis Jason Maskiell 1 59kg
    5 So Si Bon Tom Dabernig & Ben Hayes Daniel Stackhouse 8 59kg
    6 Mr Quickie Phillip Stokes Damian Lane 10 59kg
    7 The Chosen One Murray Baker & Andrew Forsman Michael Dee 2 59kg
    8 Harbour Views Matthew Williams John Allen 7 59kg
    9 Arcadia Queen Grant & Alana Williams William Pike 1 57kg
    10 Russian Camelot Danny O’Brien Damien Oliver 9 56.5kg

2024 Underwood Stakes result


1stBuckaroo (+800)
2ndHuetor (+1380)
3rdPericles (-166.67)

Underwood Stakes – Recent runnings

  • Buckaroo ($8.50) recorded back-to-back victories as the Chris Waller-trained gelding stormed clear in the concluding stages to take out the Group 1 Underwood Stakes at Caulfield on Saturday. Following his narrow victory in the Group 2 Chelmsford Stakes, the son of Fastnet Rock has continued his winning ways by rounding up his rivals on the home turn before sprinting away from the rest of the field. Duke De Sessa ($15) jumped well from the barriers to take up the lead, ahead of Pericles ($4.40) and Muhnamek ($31), who settled behind the leader on a solid tempo in the 1800m contest. Joao Moreira was able to find cover on the back of Vow And Declare ($34) midfield in the three-wide running line before peeling even wider to make his run on the eventual winner. As the leaders swung out to the middle of the track, it was evident that Buckaroo had their measure at the top of the straight, and he quickly swept on by at the 200m mark. Huetor ($71) ran on strongly from the back of the field to nab second behind Pericles, who held on for third place.
  • Damien Oliver has kicked-off his farewell tour with a bang, taking out the Group 1 Underwood Stakes (1800m) aboard Alligator Blood ($3.40), giving one of the greatest jockeys his 129th Group 1 victory in the process. The Gai Waterhouse & Adrian Bott-trained galloper was on the one-week backup after running a bold second behind Mr Brightside in the Group 1 Makybe Diva Stakes (1600m), proving a masterstroke by the stable, with the now seven-year-old gelding saluting in back-to-back editions of the race. Oliver had no choice but to take a sit in behind the speed after missing the start, and favourite backers may have been disgruntled to see the on-speed galloper take the sit. It turned out to be an ideal position, however, letting the speed go, leaving Tuvalu ($7.50) and ‘The Blood’ fighting out the finish, with the latter getting the better at the post.
  • With the 2022 Underwood Stakes being dubbed a mini Cox Plate, the race certainly lived up to expectations with Alligator Blood fending off his rivals to claim a dramatic victory. Having been nabbed in the shadows of the winning post by I’m Thunderstruck in the Makybe Diva Stakes a fortnight prior, the ‘Gator wasn’t going to be denied this time round, finding under pressure to stave off Mo’unga and Zaaki, with I’m Thunderstruck in fourth. Just over a length separated the first four across the line, with the quartet expected to clash a month later in a Cox Plate.
  • The race was won before it was started when Zaaki jumped as $1.18 favourite in the five horse race. After setting the world alight in Queensland over the Winter, winning the Hollindale Stakes, Doomben Cup and The Q22, Annabel Neasham’s galloper returned to Sydney for a terrific win in the Tramway Stakes before sending him to Melbourne. The seven-year-old Gelding had a the race go exactly to plan as Craig Williams barely had to lift a finger to get the Gelding to win by 2 lengths and secure another Group Win to the plate and making it five in a row.
  • The 2020 Underwood Stakes was suppose to be a match race between Russian Camelot and Arcadia Queen. However, it was Russian Camelot who went on to win the first Group 1 weight-for-age race of the season, with Humidor splitting he and Arcadia Queen. Russian Camelot was crunched into a $1.55 favourite prior to the jump and he certainly repaid the punters who were on him in the Makybe Diva Stakes where he was narrowly defeated off a tough run.
  • Homesman was looking to go back in Underwood Stakes, but the Lindsey Smith trained Black Hear Bart floored Punters, and made sure quaddie tickets were confetti when he saluted at $101 in what turned out to be the Gelding’s final win before retirement and claimed his second Unerwood Stakes in the process. Homesman was able to find his way into second, whilst Gailo Chop was able to fill out the minor placings.
  • The Liam Howley-trained Homesman has been one of the more impressive imports Aussie punters have seen this year, but until his breakthrough Underwood Stakes win, group success had eluded the American product. Under a brilliant Ben Melham ride, the five-year-old broke away from the field and looked to have the race sewn up before Darren Weir’s Japanese import Tosen Basil made a late charge. Homesman held on however to deliver a powerful Underwood Stakes win.
  • New Zealand mare Bonneval continued its superb winning run by scoring a convincing Underwood Stakes victory. The Baker/Forsman-trained four-year-old was a multiple Oaks winner prior to running at Caulfield and it secured the significant weight-for-age victory. Bonneval firmed into Caulfield Cup markets with the win over Hartnell. Read report here.
  • Black Heart Bart emerged as a serious contender for the Cox Plate with a scintillating win in 2016. Brad Rawiller steered Black Heart Bart despite carrying an injury and the pair answered the doubts over whether the horse could run 1800m. Trained by Darren Weir, Black Heart Bart ($2.20) made it two group 1s on the trot, after sitting third for most of the race before moving up at the top of the straight. The six year old beat home He or She, with Lucia Valentina also impressing to finish third. Read a full report.
  • Mourinho, trained by Peter Gelagotis, defied being eight years old to hold out a class field, including fellow eight year olds Fawkner ($3.40) and The Cleaner ($7.50). For Gelagotis it was a sweet victory after Mourinho did not get a start in the 2014 Cox Plate.
  • Chris Waller’s Foreteller produced a stirring sprint to defeat the previous year’s Cox Plate runner-up Happy Trails. Waller claimed after the race that the eight year old was racing as well as ever, after slowly working through the grades over a distinguished career.
  • It’s a Dundeel took advantage of a wet track to win from Atlantic Jewel. Billed as the Race of the Millennium, Michael Rodd onboard Atlantic Jewel made the early pace, but it was James McDonald and It’s A Dundeel with the perfect run. Trained by Murray Baker, It’s A Dundeel only got the upper hand in the final few strides.

Previous Underwood Stakes winners

Underwood StakesPast Winners
Year Horse Jockey Trainer
2024 Buckaroo Joao Moreira Chris Waller
2023 Alligator Blood Damien Oliver Gai Waterhouse & Adrian Bott
2022 Alligator Blood Tim Clark Gai Waterhouse & Adrian Bott
2021 Zaaki Craig Williams Annabel Neasham
2020 Russian Camelot Damien Oliver Danny O’Brien
2019 Black Heart Bart Brad Rawiller Lindsey Smith
2018 Homesman Ben Melham Liam Howley
2017 Bonneval Hugh Bowman Murray Baker & Andrew Forsman
2016 Black Heart Bart Brad Rawiller Darren Weir
2015 Mourinho Vlad Duric Peter Gelagotis
2014 Foreteller Glen Boss Chris Waller
2013 It’s A Dundeel James McDonald Murray Baker
2012 Ocean Park Glen Boss Gary Hennessy
2011 Lion Tamer Michael Rodd Murray Baker
2010 So You Think Steven Arnold Bart Cummings
2009 Heart Of Dreams Craig Newitt Mick Price
2008 Weekend Hussler Brad Rawiller Ross McDonald
2007 Rubiscent Danny Nikolic Mick Price
2006 El Segundo Darren Gauci Colin Little
2005 Perlin Danny Nikolic Lee Freedman
2004 Elvstroem Nash Rawiller Ton Vasil
2003 Mummify Danny Nikolic Lee Freedman
2002 Northerly Greg Childs Fred Kersley
2001 Northerly Damien Oliver Fred Kersley
2000 Oliver Twist Greg Childs Brian Mayfield-Smith

Underwood Stakes winners pre-2000

Underwood Stakes Past Winners Pre 2000
Year Horse
1999 Intergaze
1998 Tie the Knot
1997 Always Aloof
1996 Octagonal
1995 Sharscay
1994 Jeune
1993 Runyon
1992 Prince Salieri
1991 Dr. Grace
1990 The Phantom
1989 Almaarad
1988 Authaal
1987 Rubiton
1986 Bonecrusher
1985 Tristarc
1984 Bounty Hawk
1983 Trissaro
1982 Fearless Pride
1981 Sovereign Red
1980 My Brown Jug / Waitangirua
1979 Valley Of Georgia
1978 So Called
1977 Denise’s Joy
1976 How Now
1975 Taras Bulba
1974 Frozen Section
1973 Scotch And Dry
1972 Sobar
1971 Gay Icarus
1970 Big Philou
1969 Rain Lover
1968 Lowland
1967 Future
1966 Tobin Bronze
1965 Future
1964 Contempler
1963 Havelock
1962 Aquanita
1961 Aquanita
1960 Lord
1959 Trellios
1958 Lord
1957 Syntax
1956 Ray Ribbon
1955 Cromis
1954 Flying Halo
1953 Flying Halo
1952 Ellerslie
1951 Laurie Hussar
1950 Beau Gem
1949 Beau Gem
1948 Royal Gem
1947 Attley
1946 Attley
1945 St. Fairy
1944 Amana / Tea Cake
1943 Gay Revelry
1942 Race Not Held
1941 Sun Valley
1940 Ajax
1939 Ajax
1938 Ajax
1937 Young Idea
1936 Peter Fils
1935 Young Idea
1934 Hall Mark
1933 Hall Mark
1932 Liberal
1931 Phar Lap
1930 Waterline
1929 Highland
1928 Highland
1927 Royal Charter
1926 Heroic
1925 Whittier
1924 Whittier

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