When it comes to horse racing in Australia, there are few more significant events than The Everest, a thoroughbred race held annually at Randwick Racecourse. Despite having only been founded in 2017, it has quickly established itself as one of the most entertaining around since it is the richest turf race in the world, as well as the most lucrative Australian one.
With a $15 million prize fund, a bet on the event is placed by many. If you are looking for the favourites and potential outsiders for the 2023 edition, be sure to keep reading. We will look in detail at The Everest betting. Our experts will include our top The Everest betting tips and key markets and trends to consider.
Best Bookmakers for Betting on The Everest
Given the status of the race, it should come as no surprise that betting on The Everest is available through a large number of online bookmakers. When considering which bookie to choose, there are several factors, such as odds, live streaming and promotions. Having weighed up such points, along with others, the following sites are the best.
The Everest Betting Tips for the 2023 Race
Before confirming any bet, you should consider many statistics and trends. With the 11th of October being the closing date for entrants, The Everest betting tips are likely to be published from this point onwards. However, before then, we have explored some of the standout picks, which we have outlined below:
Nature Strip to win @5/2 (3.50)
The 7-year-old won The Everest in 2021 and trainer Chris Waller hopes that it will do so again this time around. The gelding has featured in five races since its success last year, winning on three occasions. In June, it won the Group 1 King’s Stand Stakes in the UK, having previously won the Furphy T J Smith Stakes at Randwick at the beginning of April. With trainer Waller having also won The Everest with Yes Yes Yes in 2019, it would undoubtedly come as no surprise should Nature Strip win once again.
Lost And Running Each Way @9/1 (10.00)
With two triumphs in the last two outings, Lost And Running is another entrant to consider. Success at Newcastle in The Hunter was followed up by a win in the Southern Cross Stakes at Randwick. While the John O’Shea-trained horse failed to impress at the Group 1 Yulong Stud Newmarket Handicap at Flemington in March, an each-way bet on Lost And Running should appeal to many.
Classique Legend Each Way @9/1 (10.00)
The 6-year-old Classique Legend finished 5th in The Everest last year. A 4x Randwick winner, the Les Bridge-trained horse had a 307-day break ahead of the 2021 race. Having enjoyed a similar spell away from action ahead of this year’s race, it seems like it can at least place this year.
How to Bet on The Everest
Before placing any bet on The Everest, there are some things to understand. This is a unique race, with its Special Conditions class meaning it is not yet eligible for a Group race status. We have put together The Everest betting tips below, designed to give punters the best possible chance of backing a winner:
What is a WFA Event?
Simply put, this stands for weight-for-age. All horses involved will carry weight based on the WFA scale. Handicaps will be given based on the sex and age of the horse, as well as the race length and date. Therefore, it is essential to look at the weight of potential picks before backing them. For example, Redzel won the race in both 2017 and 2018 at 58.5kg, the same weight held by Classique Legend and Nature Strip in 2020 and 2021, respectively. These are vital stats for placing a bet on The Everest.
The Everest, the main event of Sydney Spring racing, features 12 runners. Entrants are nominated by slot owners, who will have invested up to $600,000 to secure their place. While owners can nominate their own horse, they can also sell their slot or claim a percentage of the winnings when doing a deal with another owner. This is why we suggest waiting until places have been confirmed. Until then, it will be unclear who you are betting on.
Avoid Focusing on the Barriers
The barrier draw is held on the Tuesday before race day. While many will place great emphasis on it is something that punters can focus on too much when betting on The Everest. This is because of the 600m run to the first and only turn. There is also no real trend in terms of which barrier winners come from. In fact, every winner since the race was founded in 2017 has come from a different barrier.
The Everest betting will also potentially be impacted by the racecourse, which in this case is Randwick in Sydney. Held on a turf track over 1200m, most entrants will have vast experience competing in such conditions. Meanwhile, The Shorts and Premier Stakes are the two build-up races to look out for, held over 1,100 and 1,200m at Randwick.
Who Are the Previous Race Winners?
Another matter of interest when betting on The Everest is the list of past winners. As you will see from the table below, there has been just one consecutive winner of the race to date. Meanwhile, the age of past winners varies significantly. Below are the previous winners of the race:
|2021||Nature Strip||7||James McDonald||Chris Waller|
|2020||Classique Legend||5||Kerrin McEvoy||Les Bridge|
|2019||Yes Yes Yes||3||Glen Boss||Chris Waller|
|2018||Redzel||6||Kerrin McEvoy||Peter & Paul Snowden|
|2017||Redzel||5||Kerrin McEvoy||Peter & Paul Snowden|
Can Past Trends Help Me Win Money
As well as past winners, there are a number of other trends that can be helpful when placing a bet on The Everest. Trends surround horses, jockeys and trainers. They can help players in making more accurate predictions. Below are some of the key trends:
⏩ Trainers Chris Waller and Peter & Paul Snowden have two The Everest successes to their names. With the race only being established in 2017, this is an outstanding achievement.
⏩ Jockey Kerrin McEvoy has won The Everest three times to date. The first two came with Redzel in 2017 and 2018, before he returned to glory in 2020 with Classique Legend.
⏩ 2x 5-year-olds have won The Everest in the past. Other winners were aged 3, 6 and 7.
⏩ The Everest winners have so far come from barriers 1, 4, 6, 9 and 10.
Should I Follow The Everest Betting Tips?
Many will claim to offer accurate The Everest betting tips. However, even top predictions from horse racing experts will not guarantee profits. Despite this, looking at key trends and up-to-date news articles will certainly benefit betting on the high-profile race. As the richest horse race in Australia, it rightly receives the interest of both bookies and punters. The following bookies are our favourites for The Everest betting.
The Everest 2021 was won by Nature Strip. The 7-year-old, trained by Chris Waller, is regarded as one of the favourites to win in 2022. The superstar sprinter came out on top ahead of Masked Crusader and Eduardo.
Betting tips surrounding the race should ultimately discuss all relevant information. This includes form, track details, trainer history and slot positions. Ahead of The Everest 2022, the likes of Nature Strip, Lost And Running and Classique Legend are among the runners mentioned.
The short answer is yes. Given how competitive the race is, even the SP favourite is offered appealing odds. Whether it be a win or each-way bet, backing the favourite is certainly not something that should be avoided.
Yes. The Everest is a weight-for-age horse race. Using the WFA scale, each runner carries a specific weight based on sex and age. Other factors are also considered, helping to even the playing field.
This will ultimately depend on the odds offered by bookies. However, the most common stakes are win and each way. Multiples are also available, including Trifecta and Forecast. Ahead of the race, it could also be that specials are added by bookies.
Yes. The race is streamed live on selected betting sites. A qualifying bet or funded sportsbook account will be needed to gain access. Meanwhile, the race is shown by leading broadcasters on TV worldwide.
Absolutely. While the prize money attracts the best horses, jockeys and trainers in Australia, the race also appeals to bettors everywhere. Ante-post odds are introduced months in advance, with tips and predictions being common too.