The Everest Horse Race Betting Sites & Guide (2023) – Odds, Tips & Strategy

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Last Updated on: 23.02.2023

$15 million makes The Everest Horse Race the richest race in Australia, attracting the greatest sprinters in horse racing and pushing them to their limits across 1,200 metres of sheer electric energy come October 16th. Whether or not you're interested in The Everest betting and the top places to bet with the best odds, this is the right place to find out all about this half-a-decade-old juggernaut!

Race Structure of The Everest Australia

Simplicity is one of The Everest's greatest assets, so there’s nothing complicated about the way it works. Actually, it’s the process of getting to the race which requires the most getting your head around.

There are 12 slots, which sell for $600,000 each. The top prize money is $15 million, with lower prizes for other placements. Second place will net $2.4 million, and third and fourth place holders will earn over a million each.

Slots are filled and eventually horses are chosen. From there, the race takes place on thoroughbred flat across 1,200 metres on turf at Randwick Racecourse located in Sydney. The track is right-handed, and that’s about all there is to it. The fastest horse wins, and racers generally finish between a minute and a minute and a half.

Top 5 Betting Sites for Everest Horse Race Betting

  • Arguably the best horse racing betting site in the world
  • Excellent specials markets
  • Terrific promotions for newcomers

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William Hill
  • Some of the earliest odds on this event
  • World-class live streaming
  • Brand trusted across generations

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Paddy Power logo
Paddy Power
  • Well known for horse racing excellence
  • Amazing market selection
  • Consistent odds boosts

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Betfair logo
  • Underrated on racing markets
  • Extremely competitive odds
  • Great pool and exchange options

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  • Broad international markets ideal for this race
  • Great mobile platform
  • Ideal for newcomers

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Everest Betting – Odds, Tips, Promotions and Predictions

Considering it’s not yet half a decade old, it’s astounding to see the sheer impact The Everest betting has had on horse racing in Australia and across the world. With many other amazing races taking place throughout the year in that part of the country, it remains a uniquely-interesting and exciting proposition – and not just because of the $15,000,000 up for grabs.

You see, it’s not just the prize money handed over which makes it distinct, but also the fact that the only way of participating in the race is to qualify through an eye-watering $600,000 entry fee. There are 12 slots sold to anyone interested, and the slot holder can do whatever they like with it. They can enter their horse, share their slot, or even sell it outright.

Famously, for instance, in the very first race in 2017, the winner Redzel was not owned by the slot holder, but was part of a deal between the holder and the horse owners.

The mixture of the huge stakes involved and the flexibility in how slots can be used means two things. It attracts the absolute best sprint racers in the world, and also, we often don’t know who will be racing right up until the very last moment. In terms of The Everest odds, this means you often have to wait to place your bets although early odds are occasionally available for those announced sooner.

Perhaps most important, though, is that it’s six furlongs of pure racing excitement. Seeing the world’s greatest charging with all their might may only last a little over a minute, but if it were any longer, we may never catch our breath. Whatever controversies surround it, whatever people think about the entry process, whatever advertisements or holiday packages are now built on its foundation, it remains, at its core, one of the finest sprints horse racing has to offer.

The Everest Betting Odds

As many racers aren’t announced until very close to the event, most bookmakers have not yet provided their odds. We’ll update this section with all the information on The Everest odds closer to the event.

The Everest Betting Tips and Predictions

Considering we don’t have The Everest odds or the full list of racers until rather late, that puts our The Everest betting tips and predictions in an unusual space. We can’t say, for instance, that we think one horse will perform in a particular way with the same confidence as we would usually.

With that said, we do know many of the top contenders that have been announced. So, to provide you with some initial betting strategy as we count down to this multi-million-dollar behemoth, we thought it’d be best to give five tips, which are a mixture of general strategy but with reference to those racers that look very likely to be confirmed.

The Everest Betting Tip 1: Learn Some (Likely) Confirmed Racers

Although we can’t know all the racers that will be at The Everest Australia just yet, we can get to know the top ones that are believed to be confirmed, which will make learning all 12 easier as we get closer to the date.

Currently believed to be confirmed is the Classique Legend, winner of the 2020 race after an exhilarating comeback, winning by two-and-a-half lengths. It’s considered an early favourite. Next up there’s the Masked Crusader, who was the second confirmed. Recent races have been so impressive, its odds have dropped dramatically. Nature Strip is also a top contender confirming an awesome selection of Autumn victories; however, confidence has been dented as he finished seventh in last year's race.

There’s then Paulele – at only three years old, this one is a bit of a wildcard. Finally, there’s Rothchild, who after a sensational streak of seven winning starts, suffered a fracture which puts his sprinting brilliance in doubt, but, in top form, has proven his ability to burn through similar sprints like lightning.

These are five key examples, and there are some others likely enough to be competing to be worth checking out, such as Gytrash and Lost and Running.

The Everest Betting Tip 2: Remember They’re All Contenders

No one is going to put anything less than their best into a race that cost more than half a million dollars to enter, so don’t count any horse out in this one when considering your picks.

The Everest Betting Tip 3: Find the Best Odds

As odds for The Everest betting are confirmed later than most other similar races, finding the best odds in time can be tricky. But there are a few ways of going about it. One would be to check back here closer to the race.

Another is to only use the best horse racing betting sites. While none can boast the best odds for absolutely every market – in fact, the overround makes that logistically impossible – you can rest assured that The Everest odds you’re getting are consistently competitive.

The Everest Betting Tip 4: Keep In Mind There Are Already Favourites

Although we don’t know which 12 racers will leave the gates on the 16th October, we do know that there are already clear favourites according to the bookmakers.

Right now, these include The Masked Crusader, Nature Strip and of course, last year's winners, Classique Legend. Pay particularly close attention to these three.

The Everest Betting Tip 5: Utilise Multiple Markets and Promotions

Although The Everest Australia blazes past in what feels like seconds and only contains 12 racers – nothing compared to the huge number of horses present in the likes of the Grand National, the stakes make this incredibly competitive. That means it’s not easy to predict by a long shot.

With that in mind, we simply recommend you use as many markets and promotions you feel can give you an edge – you will likely need it.

Horse Racing Everest Promotions

At the time of writing this review, there aren’t any The Everest specific promotions that we are aware of. However, there are plenty of promotions generally which can be applied to this race and across horse racing generally.

For now, though, here are a couple of examples of broadly-useable bonuses you can enjoy with The Everest Australia races:

  • In terms of reward for investment ratio, it’s hard to beat the BetVictor Bet £5 Get £30 welcome offer. This comes in the form of two £10 free bets and one £10 slot bonus, for those of you who enjoy a wide variety of gaming goodness. All you need in order to qualify is to register, deposit and make a bet of £5 or more at odds of evens or greater.
  • For more consistent promotions which don't require you to be a new customer, check out Betway’s £10 free bet club, where you get two £5 free bets every week when you wager £25+ on multiples or bet builders with more than a trio of selections. That means you could sign up right now and still have a free bet to utilise when The Everest betting rolls around.

5 Reasons to Bet on The Everest Australia

  • 01
    It pits the best sprinters from all across the world against each other. Huge stakes mean no duds in this lineup.
  • 02
    It takes mere minutes to watch. You can enjoy it no matter how busy your day is.
  • 03
    A truly unique lineup thanks to the distinct way the race is organised.
  • 04
    Astoundingly-fast and thrilling action. The fastest time saw Yes Yes Yes, covering 1,200 metres in 1:07.32 seconds.
  • 05
    Huge event means competitive comparable odds from the best bookmakers.

The Everest Betting Sites With Live Streaming

The specific live streaming sites which will carry The Everest betting will be announced closer to the event. We don’t wish to speculate, so instead will advise that you check out our best live streaming betting sites, as they will provide the most likely candidates for The Everest betting with live streaming.

Popular The Everest Betting Markets

Despite The Everest betting being so simple, there’s a surprisingly-flexible and varied market selection. Consider them all, because more bet types mean more chances of finding the ideal market for you, and the ability to spot even more The Everest odds opportunities.

Outright Winner

The Outright Winner market does exactly what it says on the tin – it provides odds on who you think will win this contest. This is a tough one to get right even though there are a few clear favourites, because as previously mentioned, you can expect only the best sprinters from The Everest. There may only be The Everest odds on 12 entrants, but they’re likely to be 12 excellent options.

Each -Way

It’s an obvious follow up, but for good reason. Each-way betting typically extends your chances of winning to include a top three finish.

Importantly though, this is best thought-of as two bets in one, with one being placed on an outright winner, and another for the place positions. It will depend on the individual bookmaker, but most operate on a policy where place betting pays out at 1/5 of the outright winner amount. This is a great option for anyone looking to shorten their odds and is a great showcase of the versatility of these markets.

New Record

One market we hope to see is the option to bet on whether the current record, held by Red Red Red, will be broken here. We think this is more likely on Everest than some historic races because it has only had a handful of winners, so a new record is quite possible, even if the current one is very impressive.

Forecast Bet

For even longer The Everest odds, you can consider Forecast betting. Here, you have essentially two wagers, but one where you need to place the top two in the correct order to be successful. It’s a terribly tough one to pick, but if you’ve done your research and are confident, there’s massive The Everest odds to be enjoyed. You can go even further with a Tricast bet, where you select the top three.

Reverse Forecast

This fits neatly in the mid-range of difficulty. A reverse forecast bet works exactly the same way as a forecast bet, except that it only requires you to pick the horses than will finish in the top two positions, but without the need to select the order. However, that does require double the stake.

With a mere five examples, we hope you can see there’s already a massive amount of versatility and creativity to be found within even the simplest of horse races. This is one of the most popular and oldest sports to bet on in the world. The best betting sites all need to excel in horse racing, meaning there’s an incredibly interesting and effective selection of horse-racing markets for almost any race.

Bite-Sized History of The Everest

Considering it only began in 2017, there’s not much to tell in terms of the history of The Everest betting.

Everest Australia began with prize money of $14 million at the Sydney Spring Carnival and made headlines for its unique method of entry. It also courted additional controversy due to a plan to use the sails of the Sydney Opera House.

The first race was won by Redzel in a minute and 8 seconds. $5.8 million of the money was shared across a syndicate of 30 people, again showcasing the unique opportunities the event provides. This made further headlines due to the emotional nature of the victory. This feat was repeated, with an extra four seconds or so, when Redzel won the follow up in 2018.

The 2019 race, though, saw no one able to stop current record holders Yes Yes Yes, who astonished the crowd with speed and grace. Finally, the 2020 edition of the race saw an incredible last-minute comeback by Classique Legend, who powered past the three leading competitors to win in the final moments.

Recent Everest Winners

YearEverest WinnerJockeyWinning Time
2020Classique Legend Kerrin McEvoy 1:08:27
2019Yes Yes Yes Glen Boss 1:07:32
2018Redzel Kerrin McEvoy 1:12:03
2017Redzel Kerrin McEvoy 1:08:36

Key Stats – Everest Horse Racing

  • Kerrin McEvoy has dominated this event, winning three out of four races.
  • The slowest finishing time is nearly four seconds longer than the next.
  • 1:07:32 is the record time to beat.
  • 1,200 metres is the length of the track.
  • It’s both the richest turf race anywhere, and the richest of any kind of horse race in Australia.

Similar Events to The Everest Australia

Things have changed a little now, but in 2017 and 2018, the Pegasus World Cup Invitational Stakes was remarkably similar to The Everest. It had a monster purse of $16 million in the latter year. Although it has since fluctuated, the $3 million prize in 2021 still makes it among the richest prizes out there. It’s also a flat race, although a fair bit longer at one-and-a-quarter mile.

While the races themselves are quite distinct, The Everest and the Melbourne Cup do have something in common: they’re both pillars of horse racing in Australia. They may represent different ends of the spectrum in terms of entry and distance, but their popularity and importance to racing in the nation makes them kindred spirits.

In terms of the race itself, the Breeders’ Cup Sprint has the in most common with The Everest. It’s held over six furloughs and is a test of the best sprint racers across the world in a blistering challenge. While there are differences – with 14 racers, for instance – the intense exhilaration remains the same.

Upcoming Sporting Events

The Everest Betting FAQs

It’s a sprint horse race that takes place annually in Melbourne Australia, pitting 12 horses against each other over 1,200 metres.
It’s the richest race in Australia in terms of prize money and also costs £600,000 to enter. These ultra-high stakes mean a very high calibre of race.
This year, the race will take place on October 16th. The exact time has not yet been announced.
You can expect for the winner to cross the finish line a little over a minute. The record, for reference, is 1:07:32.
Not all racers have been announced, so most bookmakers have not provided The Everest odds. We will add them here as soon as they become available.

ThePuntersPage Final Say

If you took someone who had no interest in watching horse racing, we think a minute with The Everest - betting or not- would change their minds. It’s such a visceral, fun experience, it reminds you why this is one of the world’s favourite sports. It’s also, thanks to its truly distinct method of horse selection, one of the most interesting and unique to bet on.