In the 1990s, The BMW was not only one of the most popular races on the Australian racing calendar, but often a very profitable one for favourite punters.
Stars including Octagonal, Might And Power and Tie The Knot all won The BMW as the punters' elect, but more recently the opposite has been the case.
Eremein (2006) and Fiveandahalfstar (2013) are the only favourites to have tasted success in the race in the past decade, with Fiumicino, Littorio and Cedarberg all scoring at very big quotes.
The quality of favourites has been strong - but Viewed, Theseo, Descarado, Americain, Fiorente and To The World have all gone down as public elects.
That recent history does not bode well for the chances of Preferment on Saturday.
Preferment already has wins in the Victoria Derby, Turnbull Stakes and Australian Cup on his resume, but there is still some debate over just how good the son of Zabeel is.
A victory in The BMW would certainly solidify his position as one of the most talented gallopers in the country.
He will face stiff competition from German import Our Ivanhowe who has been set for the race by Team Freedman and will appreciate the step up to 2400m, the weight-for-age conditions and also the rain that has hit Sydney this week.
While The BMW has been a tricky betting race in recent years, you can give yourself the best chance of finishing in front with the Ladbrokes Best Of Everything Guarantee.
It means if you place a fixed odds win bet, you will get the best of three totes, top fluctuation and Ladbrokes fixed price.
This will greatly increase the value of every runner in The BMW field and assures that you will score the best odds available.