At season's end, his record stood at a relatively unprepossessing five wins from 16 starts, although Les Theodore claims to have told the staff at Lindsay Park that the horse was a 'champion'.
In his final starts for the season, he was defeated by Sydeston on heavy tracks in the Mercedes Classic and Queen Elizabeth Stakes.
In the Cox Plate, Better Loosen Up had come from an estimated 30 lengths off the lead to win in course-record time; in the Mackinnon Stakes, on Derby Day, he was one of a 'world record' six Group winners for his trainer;[9] in the Japan Cup, he scored a thrilling win to racecaller Bryan Martin's cry of 'Better Loosen Up has won for Australia',[8] and remains the only Australian horse to do so; in the Australian Cup, he defeated Vo Rogue by 5+1⁄2 lengths.
His best performance came in the Cox Plate of 1992, where he was beaten just over a length by Super Impose, and successfully protested against Let's Elope, who was second past-the-post.
He was retired in February 1993, within days of Super Impose, with which he would star on 'Super Better Best'[8] – the story of how two geldings rose from obscurity to amass a '$10 million fortune'.