Sydney, Mar. 20 : Glenn McGrath is an Australian cricket bowling legend but the word is he''s a mug punter extraordinaire.

The McGrath Foundation is hosting a lunch for 900 at the Sydney Turf Club''s big autumn racing carnival day at Rosehill Gardens, where Sydney Confidential will also share a marquee with Myer.

McGrath will captain a betting team against his former teammate, the more racing savvy Mark Waugh, in the TAB''s Pink Punting Purse event, reports the Daily Telegraph.

Each team will have 1000 dollars to gamble, with all winnings going to the foundation.

The TAB will still donate 2000 dollars if they lose the lot. (ANI)