The Everest Tips & Betting Advice

The Everest 2020

Date Saturday, October 17
Track Randwick Racecourse
Distance 1200m
Class Group 1
Race Type Weight for Age
Prizemoney $14 million
Age No Age Restriction


Racing NSW and The Australian Turf Club (ATC) launched the $10 million sprint race at Royal Randwick in October in 2017 and the prize fund currently sits at $14 million.

Named ‘The Everest’ and held over 1200m, the race replaced the Melbourne Cup as the richest race in Australia, and became the richest turf race anywhere in the world.

The inaugural running of The Everest took place on October 14, 2017 and was won by Redzel and he repeated the feat in 2018 when making it back-to-back successes for trainers Peter and Paul Snowden.

Redzel was unable to make it a hat-trick in 2019 after finishing eighth.

The winner in 2019 was the Chris Waller-trained Yes Yes Yes. A three-year-old colt, Yes Yes Yes wouldn’t race again with injury forcing an early retirement to stud for the colt.

The race is run under weight-for-age conditions and will be open to local and international buyers to purchase a place (slot) in the race for $600,000.

With a concept that resembles the recently run Pegasus World Cup ($12 million) on dirt, twelve or more slots will be available for purchase which will entitle the owner of the slot an entry in the field.

The owners of these slots will be able to trade their position or alternatively partner with owners not holding a slot to enter a horse in the final field for the race.

The prizemoney pool is to be fully-funded from subscribers and additional revenues generated from the event.


Randwick is the largest racetrack in New South Wales and all races are run in a clockwise direction. It is a sweeping track with a rise from the 300m mark to the winning post in the home straight.

As well as the main track, Randwick Racecourse contains a second track known as Kensington. Due to large rainfall in the area, Kensington has been reconstructed using the Strathayr racing surface which is similar to Moonee Valley.

Strathayr is a turf cover over a base of sand, this means it is a free draining track which can take a substantial amount of rain without affecting the rating.


Originally known as the ‘Sandy Course,’ Randwick Racecourse was first used in 1833 where a private match race between two horses was held.

In 1840 the track was abandoned as a racecourse and used for training purposes before the Australian Jockey Club (AJC) moved its headquarters to Randwick and held a meeting in 1860.

The Queen Elizabeth II stand was opened to the public on August 4, 1969, and in 1992, Queen Elizabeth II visited Randwick and opened the new $30 million Paddock Grandstand.

The Australian Derby (2400m) remains one of the longest standing races to be held at Randwick after its inaugural running took place in 1861.

Randwick hosts some of Australia’s most iconic Group 1 races throughout the year, during both the spring and autumn carnivals in Sydney.

The Queen Elizabeth Stakes, Doncaster Mile and TJ Smith Stakes are some of the elite races taking place at Randwick during the prestigious The Championships during the autumn.

There are many betting sites available online, but not all of them are created equal. Our team has spent countless hours evaluating different Australian sports betting sites in order to create a comprehensive list of betting sites for horse racing. It has all the information you need to find the perfect bookmaker for your bets.