Where to Bet on The Everest Race in Australia
So, which site is best for The Everest Race betting over the internet in Australia? That is what we asked the Wetten.com experts who review all the leading sportsbooks operating in the region. To run a horse in this race, you have to literally buy into it and that reflects the nature of online gambling in general. There are so many things our review team had to consider in making their assessments and conducting their detailed reviews.
It’s not simply enough for them to come back and say, well the great thing about betting on Unibet is they can offer bettors particularly good odds on horse races in Australia. Sure, providing good and competitive prices is handy but there is a lot more to it than that. Our review process is rigorous and looks at the gambling experience on The Everest race from all angles. From welcome offers and promotions open to all customers to payment options for deposits and withdrawals, and the quality of customer service, there is plenty to consider.
Security and mobile apps are areas in which the best betting sites for The Everest race should excel too. All aspects are weighed up before our reviewers settle on a rating. They know what best in class looks like because they, like you dear reader, are bettors too. That means they know what to look for. Our experts have been betting themselves for years, and understand what is important in your eternal quest to beat the bookies.
You can check out the top sportsbooks for The Everest race betting below, but also we have a little more detail about what these leading sites offer in particular on this equine event. More than just high odds too. You will find both betting platforms local to Australia and international bookmakers on our shortlist.
The Best Betting Sites for The Everest Race:
What the Best Betting Sites for The Everest Race Should Offer
There are certain things that you can expect from the best betting sites for The Everest race in Australia. These sportsbooks are best in class because they recognise and understand that bettors want value when they place wagers on a valuable race such as this.
The Everest race betting needs to be available well in advance of race day at Royal Randwick Racecourse in Sydney, especially if plans are confirmed by slot holders and connections of horses with the sprint contest as their target.
There is also the matter of extra places being available on fixed odds sportsbook wagers. While parimutuel and pool betting services like the TAB, who have partnered and sponsored The Everest race in its early years, probably can’t offer you a payout on fourth place, there are reasons why you can expect it on other betting platforms.
With such offers, there are reasons why the best online betting sites in Australia may not be able to advertise them openly. All that and more is explained to you here. Let’s take a look at what the best betting sites for The Everest Race should offer you in more detail…
Futures Betting on The Everest
It’s very simple. Offering futures markets as part of The Everest betting available makes sense, especially as course and distance success has played a part in each winner of the race so far. There is more on that below. Once a racehorse has won over the trip at Randwick, in Group company, then it is perfectly logical to quote them for The Everest race after posting good course form.
With futures betting, you aren’t guaranteed a run for your money but can get better odds. That is what everyone wants when it comes to The Everest race winners in your search for value. There are pros and cons to any form of gambling, and this particular one is no different. You as a bettor have to weigh up the risk and reward together, and see which side you come down.
As a maximum of 12 horses can run in The Everest race, an online bookmaker offering you an extra place can make or break your decision whether to place a bet. This is because standard fixed odds wagering terms are a fifth of outright odds for three places on each-way bets. In other words, there is a 25 per cent statistical chance of any horse finishing in the first three.
However, the chances of getting your fancy placed increase to 33 per cent if the terms are enhanced to the first four. That increases the betting odds in your favour. Not all bookies will be prepared to do it, but those that do show they’re engaging with The Everest race betting as a means of attracting business. Any incentive to place a bet is attractive, so consider this each-way betting angle when extra places are available carefully.
What is The Everest?
The Everest race is a special weight for age conditions contest run over 1,200m (about three-quarters of a mile) at Royal Randwick Racecourse outside Sydney in October. A maximum field of 12 runners is allowed. Its entry structure is similar to the Pegasus World Cup races at Gulfstream Park in the USA.
Connections of Flat thoroughbred sprinters can buy a slot in The Everest for A$600,000 without specifically naming the horse they wish to run. Any racehorse the individual paying for the entry wishes can be nominated. Slot holders have the right to share, lease, contract out or even sell their slot. The strange thing about that is that they don’t have to own the horse, but can negotiate with the connections of people who do.
The lion’s share of A$15,000,000 total prize money goes to The Everest winners but every horse that runs receives something back. This is unusual. For most horse racing events, you wouldn’t get anything for coming last but you do receive something here. The Everest race has been designed so that the wealthiest racehorse owners in the world may take an interest in the race and the huge purse on offer, and target it.
International uptake has been mixed during the early years of The Everest. However, it makes sense for any top class Flat turf sprinter to try their luck in it, provided their connections are prepared to purchase a slot, or at least do a deal with someone who has. Unlike other big Australian horse races such as the Queen Elizabeth Stakes (also at Royal Randwick), there are no ballot exemptions or “win and you’re in” events that qualify racehorses. You must buy your way into the race if you want to win it.
Best Sites Where You Can Place The Everest Bets Today:
History & Past Winners of The Everest Race
As The Everest was only first run 2017, it lacks the history of other major horse racing events in Australia like the Cox Plate, Caulfield Cup or The Golden Slipper (another Royal Randwick highlight). That will come in time. Horse races like these grow in size and stature as the years roll by. It is very early days for The Everest race. If there is one trend to note, it’s that all but one horse to be successful so far have been from the older brigade. In fact, The Everest winners were at least five years old in three of the first four renewals.
Redzel, successful in the inaugural edition in 2017 and again in 2018, is the only multiple winner to date. Young horses, those aged three do receive weight for age, but this hasn’t been much of a factor in The Everest so far. Four years isn’t really a long enough timespan for a sample with which to draw any firm conclusions. You will find that The Everest race betting will favour whatever jockey Kerrin McEvoy rides, however, as he has already had three winning rides in the saddle.
Without being able to construct a concrete profile of the The Everest winners of the past, the only horse betting strategy you can apply here is looking at the form of each runner. You must judge them on their merits. One common thread that all the past winners listed below had was previous black type wins over the course and distance at Randwick, so clearly that played a part in their successes:
- 2017: Redzel (5yo gelding)
- 2018: Redzel (6yo gelding)
- 2019: Yes Yes Yes (3yo colt)
- 2020: Classique Legend (5yo gelding)
The Everest Race FAQs
💰 What is the richest horse race in Australia?
Some of the most valuable events in the entire sport of horse racing happen in Australia at racetracks Down Under. These are Flat turf horse races, and their large prize funds are designed to attract international runners from Europe, the Middle and Far East, and North America to come to the Southern Hemisphere. Alongside The Everest at Royal Randwick in Sydney, the Melbourne Cup at Flemington is another of the rich and prestigious races run in Australia.
🏇 Who won The Everest race?
As a race for Flat turf sprinters, The Everest winners need to have scintillating speed as this is an end-to-end gallop right from when the gates open. Getting a good start in such a short distance event like this is essential. How horses come out of the stalls can make or break their chances of victory. A sprint like The Everest race can see a racehorse outrun their betting odds in Australia, especially if they get the slip on the rest of the field.
📅 What date is The Everest horse race?
Major horse races like The Everest occupy a similar spot in the horse racing calendar to ensure consistency from one season and year to the next. While the exact date on which it is run may vary, it always has roughly the same place in the programme. The best bookmakers Australia has to offer know this, and their sportsbooks offer fixed odds future markets on The Everest and all the rest of the major horse racing action that happens Down Under.
🎫 How do you get a slot in The Everest?
All horse racing events, including The Everest race, have entries. There are fees to pay if an owner and/or trainer wants a horse to take part in a particular contest. It follows that the more prestigious and valuable the race is, then the greater the size of the entry fee. In the event a racehorse gets supplemented for something after initial entries have closed, then that often leads to horse racing betting tips putting them forward to win. Slots for The Everest winners require a substantial investment up front, though the potential gains are massive.
❔ Why is The Everest not a Group 1?
The vast majority of Group 1 and Grade 1 horse races around the world have significant history and prestige built up about them over time. Think the Melbourne Cup for instance. A relatively new event like The Everest race doesn’t have that going for it just yet, only massive prize money. It is the size of the purse that attracts the connections of thoroughbred racehorses to enter their animals in it, rather than any kudos for achieving victory. In time, The Everest winners of the future may be competing in a race with Group 1 status, so watch this space.
Best Betting Sites for The Everest Race 2021: