Race 1 (664)
WATERFALL BAY HANDICAP Rating:40-0 1200m Happy Valley Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 10 | ALLOY KING (D287) | H Bentley | V | Began well from gate 1, positioned 1-1/2L behind the leader on rail, saved ground to turn, finished off very strongly to score. |
| 2 | 4 | THETA HEDGE (E307) | C Y Ho | B/TT | Commenced well, sent forward to take the lead, led by a length, travelled comfortably to turn, kept on well in straight but unable to hold off the winner close home. |
| 3 | 6 | DOUBLE SHOW (G250) | L Hewitson | SR-/B/TT | Began fairly, raced in midfield on the inside, 3 lengths or so back, saved ground throughout, finished off well to take a place without threatening. |
| 4 | 2 | JACK WIN (G155) | M Chadwick | B/H/TT | Jumped well, raced 2 wide behind midfield, 5 lengths back on turn, made good progress in straight to make frame, no threat to the first few. |
| 5 | 5 | VALHALLA (E495) | L Ferraris | XB/V1/TT | Out with rest, positioned 2 wide, a length or so back, there to turn, showed limited response early in straight, weakened gradually final 100M. |
| 6 | 1 | BIRDSVILLE (E464) | H Bowman | SR-/B/TT | Taken back from a wide draw, raced 2 wide towards rear, 7 lengths or so back on turn, made some progress in straight. |
| 7 | 3 | NORDIC COMBINED (G015) | A Hamelin | B/TT | Taken back from the widest draw, raced at tail, 7 to 8 lengths back, still well back on turn, very wide into straight, made some progress in the run home. |
| 8 | 8 | FORTUNE MASTER (D371) | K C Leung | B/XB/TT | Jumped with them, positioned 3 wide in midfield, similar position on turn, kept on same pace in straight. |
| 9 | 7 | NOIR RIDER (E138) | Y L Chung | V/TT | Made contact at start, raced better than midfield on the outside, no cover for the majority of the race, peaked early in straight, weakened thereafter. |
| 10 | 12 | ENCORE (E450) | K Teetan | B/TT | Crowded start, raced towards rear on the inside, saved ground on turn, made no progress in straight. |
| 11 | 9 | COMPULSORY (E328) | A Badel | B/TT | Made contact at start, raced towards rear on the outside, 7 lengths back on turn, failed to close off in straight. |
| 12 | 11 | CIRCUIT SPLENDOR (E482) | M F Poon | XB | Moderately away, raced 2 wide in midfield, there to turn, failed to close off in straight. |
| B : | Blinkers | BO : | Blinker with one cowl only | CC : | Cornell Collar | CP : | Sheepskin Cheek Pieces |
| CO : | Sheepskin Cheek Piece One Side | E : | Ear Plugs | H : | Hood | P : | Pacifier |
| PC : | Pacifier with cowls | PS : | Pacifier with one cowl | SB : | Sheepskin Browband | SR : | Shadow Roll |
| TT : | Tongue Tie | V : | Visor | VO : | Visor with one cowl | XB : | Crossed Nose Band |
| "1" : | First time | "2" : | Replaced | "-" : | Removed |