The Everest is one of the newest additions to the Australian racing calendar. Held for the first time in 2017, it is run over a distance of 1,200 metres at Randwick Racecourse in Sydney, on the second Saturday in October, and is the showcase event of the famous Spring Carnival. The prize money available for this race is an enormous $13million, making it the richest turf contest on earth, though it has yet to be granted Group status.
As the world’s most lucrative turf race, the Everest has quickly caught the imagination of racing fans and is already regarded as one of the sports most thrilling events. The race was devised with the idea of bringing the world’s best sprinters together, with the $13 million prize fund as the main attraction. It is part of a new-look Spring Carnival that offers a total of $25.5 million in prize money, and on the day of the Everest itself, it is estimated that punters will wager more than $15 million, making it Australia’s biggest betting day. The challenge of handicapping this new contest on the betting calendar will attract punters from all over the world and many of Australia’s finest tipsters have been analysing the unique qualities of the Everest so that they can offer punters the best betting advice.
Odds on the Everest will be published early in the year but it is worth remembering that an ante-post bet on this race can be precarious as the unusual entry system makes it tough to work out which horses will be taking part until the field has been decided. When a horse is announced as a starter, its odds are sure to drop significantly; so many punters will aim to make a bet just before a horse is declared. The Everest betting odds will alter again when the jockeys are revealed, closer to race time. Antepost odds on the Everest will be make available by most bookmakers during the year and those odds will shift as the weeks go by, depending on the latest news involving entries, so punters looking for the best odds follow all the Everest betting news closely.
The Everest is already famous due to its unusual entry system, which is similar to that used with the Pegasus World Cup. It involves the sale of twelve race slots, each costing $600,000. Each race slot confers a place at the starting gate for one horse. The individual who buys the slot can enter their own contender or deal with another party to share an entry. This means that the Everest Field is likely to be restricted to the best horses owned by the top owners who can pay the high entry slot fee. The generous prize money will also draw the world’s best trainers to send their most exciting sprinters, and to book the services of the best jockeys, such as double Melbourne Cup winner Kerrin McEvoy. Another interesting feature of the Everest is the fact that the 1200 metre start won’t place as much of an emphasis on getting a good barrier position as some other Carnival races, though it can still provide a small advantage.
In its one-year history, the Everest has made a huge impact with racing fans and the 2018 contest will see a massive audience following the event. The official Everest results will be published soon after the winner is declared and will quickly be spread online. In 2017, Redzel claimed the first ever Everest. Trained by the father and son partnership of Paul and Peter Snowden, who have also won the Golden Slipper, Caulfield Guineas and Blue Diamond prestige events, Redzel got an entry in the race, thanks to a deal between slot holder, bloodstock owner, James Harron and Redzel’s owners. Redzel may well return in 2018 to defend his title but is sure to be up against stiff competition from a number of top-class sprinting rivals.