Created in 2017, The Everest is already known as the “Richest Australian horse race” and the prize money on offer explains why. This event throws up a massive prize money total of $13 million, easily passing the Melbourne Cup's $6 million total.
The race is held at Royal Randwick Racecourse in Sydney during the Spring Racing Carnival. It's run over 1200 metres and is a weight for age sprint to the finish line.
In 2019, the race will be at Randwick Racecourse on Saturday, 19th October.
Entry into The Everest doesn't come cheap with the current price tag of $600,000. Which basically means that the top trainers will be sending their best horses to Sydney for this event.
There are currently only 12 spots available per year and they will generally be finalised a week before the event. It's also a key event on the racing schedule for sprinters as they prepare for the Manikato Stakes and Darley Classic during the Carnival. So this event can be used as a form guide for later races.
This race has a short history having only been run from 2017 onwards but it's taken the Australian Racing world by storm already.
The Sydney Racing scene was lacking a popular Group 1 race and that's mainly the reason why this event was created. Melbourne has dominated the Spring Racing Carnival with the Caulfield Cup, Cox Plate and Melbourne Cup.
With a strong rivalry between Melbourne and Sydney, the New South Welshman are now trying to compete with this event.
In 2018, organisers went as far as advertising the event on the Sydney Opera House, which is world heritage listed. This was heavily protested and 300,000 signatures were gathered in a petition. However, the race went ahead despite the controversy and will continue to gather popularity with such a large prize pool on offer.
At such a short distance of 1200m, this race will likely see many close finishes in its history. For example, the first two events have resulted in a 1.3 length victory and just 0.75 lengths in the other.
There are two key lead-up races that should dictate the form of this event and they include The Shorts and the Premiere Stakes.
Both events are held over 1200m and provide a good indication of how they'll run in this race. The Shorts is held at Randwick in mid-September and it's a Group 2 race. Meanwhile, the Premiere Stakes is run two weeks later at Rosehill Racecourse and is also a Group 2.
Redzel won The Shorts in 2017 and also went onto win The Everest. This race can also be a good form guide for later races in the Carnival at the Darley Classic and Manikato Stakes.
A number of betting options are available for this race from the basics of win / place betting to exotic bets. With only 12 runners, a first four or trifecta bet is recommended as it will be generally easier to pick compared to say the Melbourne Cup which has over 20 runners and the payout will be worth the punt.
It's up to you how much the betting stake will be remembering the more you spend, the more you're likely to win or lose.
We wouldn't recommend betting on future markets for this event as trainers have to fill spots rather than receive nominations and this means the field will take time to set.
|2018||Redzel||6yo/G||Kerrin McEvoy||Peter and Paul Snowden||1||58.5||$8.5|
|2017||Redzel||5yo/G||Kerrin McEvoy||Peter and Paul Snowden||4||58.5||$8.5|
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