Hong Kong star Smashing Pumpkin has been entered for Australia's two biggest staying events - the Caulfield and Melbourne Cups. And bookmakers Down Under are taking no chances with champion trainer David Hayes' Australian-bred gelding, placing him on the sixth line of betting, at 25-1, for the Caulfield Cup (2,400 metres) on October 17, and on the ninth line of betting, at 40-1, for the Melbourne Cup (3,200 metres) on November 3. If he takes his place in the field, Smashing Pumpkin will be the second Hong Kong horse to tackle the Melbourne Cup - the grandfather of all Southern Hemisphere staying events - following former Hong Kong champion River Verdon, who failed to stay the distance back in 1994. It was during that year that the then Australia-based Hayes had his first success in the Melbourne Cup, winning the race with the Wayne Harris-ridden Jeune. Leading Australian bookmaker Michael Eskander said Aussie punters had a very healthy respect for the Hayes camp. 'He is the champion trainer of Hong Kong and is now regarded as being among the best trainers in the world. It is taken for granted that he would not be nominating Smashing Pumpkin for the Cups unless he thought the horse had a good chance,' Eskander said. Hayes has said Smashing Pumpkin - winner of last season's Stewards' Cup, the first leg of the domestic triple crown, and a gallant second in the end-of-the-season Champions and Chater Cup - is good enough to win a Group One race in Australia. The five-year-old, by Bold Citadel, is the only Hong Kong entry among a record 40 international nominations for this year's Cups. Other overseas entries have been received from England, France, Ireland, Malaysia and the United States. 'The response has been fantastic,' said Racing Victoria's general manager, Les Benton. 'Our Melbourne Spring Carnival is already acclaimed worldwide as a major international sporting event and the increased entry from international trainers this year will create even greater interest.' Australian and New Zealand entries head Eskander's opening markets, with Sydney Cup-winner Tie The Knot and the Jack Denham stable's Yippyio equal favourites for the Caulfield Cup at 10-1. The Hind, who is trained by Peter Hayes, the elder brother of David, is equal favourite at 12-1 with Yippyio in the Melbourne Cup. Eight-year-old Doriemus, who won the 1995 Caulfield-Melbourne Cups double with former Hong Kong jockey Damien Oliver aboard and was a gallant second to Might And Power last year under Greg Hall, is second favourite at 14-1 with Tie The Knot next at 16-1. Meanwhile, Hong Kong female apprentice jockey Win Chung has cancelled her indenture with the Hong Kong Jockey Club by mutual consent and will start work as a rider with trainer David Oughton with immediate effect.