The Everest 2024

The Everest is the feature race of the Sydney Spring Racing Carnival being is the richest race in Australia, the richest turf race in the world, and the second richest race in the world, with a recently increased prize purse of $20 million (previously $15m), it will be held on Saturday 14th October 2023.

If that headline does not gain your attention, then here’s some more, it is run as a Weight For Age and under special conditions and is therefore not classified as a Group status race, not even Group 1.

The race, first run in 2017, is over 1,200 metres at Royal Randwick Racecourse in Sydney. What makes this race so interesting is the entry fee, a whopping $600,000 (this could increase to $700,000 in line with the increased prize purse) and there are 12 slots. The slot holder then has the right to race, lease, contract or share a starter, or sell their place in the race.

It is not confirmed yet but some potential entries could be (with recent wins):

Giga Kick2022 The Everest
I Wish I Win2023 T J Smith Stakes2022 Golden Eagle
Think About It    2023 Stradbroke Handicap2023 Kingsford Smith Cup

The Feature Race – The Everest 2024

1200m The Everest

Date: Saturday 14th October 2023
Time: 3:15pm (AEDT)
Prize Money: $20 million AUD

As if the previous $15 million prize purse was not enough, the 2023 Everest boasts its largest ever prize pool available to its participants thanks to Racing New South Wales. In June 2023, Racing NSW announced an injection of $5 million to the prize money. The total prize purse for the Everest race day meeting will be close to $35 million across all of the 10 races of the day. The running of the Everest 2023 is going to prove to be an eye-watering race. 

Placing Prize Money

Below is the prize money split for the previous $15m Prize Purse. Prize money breakdown has not yet been published for the increased Prize Purse, so the numbers in brackets are potentials based on a 33% increase in all purses.

PlacingPrize Money 
1st$6.2m    ($8.25m)
2nd$2.3m    ($3.1m)
3rd$1.4m    ($1.9m)
4th$1m    ($1.3m)
5th$750k    ($1m)
6th, $500k        ($665k)
7th - 12th$450k        ($600k)

Where to Bet on the 2024 Everest

Here is a simple strategy for deciphering the complex world of picking a bookie. At the end of the day it comes down to 2 things:

Firstly, which bookie is going to offer you the best value for betting with them on feature races such as the 2023 Everest race, bonus bets may come into play here.

Secondly which are your preferred markets or bets, that you wish to place on the race.

So you are trying to extract the most profit from your bids, if there are bonus bets on win odds for runners coming 2nd or 3rd or even 4th, then you have some additional cover that could be worth exploring with the compromise of possibly lower odds being available from those bookmakers.

Compare the odds for your picks across as many available Australian bookmakers as you can be bothered with or are already a member. For reference, we have a Bookmaker Reviews page that includes a pros and cons list for every single Australian bookmaker that offers racing markets. Additionally, our bookmaker reviews include feature in-depth reviews of specific bookmakers that we care to highlight. Some of these bookmakers include PlayUp, Midasbet, PalmerBet, Unibet, and Winnersbet, all of which I have included a sneak peak of their pros and cons lists. Be sure to click on any of these tables to visit our full bookmaker reviews.

Bet on whichever available Australian bookmaker offers you the best price for your preferred bets on races. The longer you take to find the bookmaker and associated odds, the longer the process will take.

Another option is to simply betwith whichever bookie you are used to, or rather, most comfortable with. They may or may not offer the best odds, but it is a bookmaker than you know well and can easily navigate their webpages to place bets.

Best Bookmakers for The Everest 2024

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Track History of Randwick Racecourse – Home of the Everest

Randwick Racecourse is one of the most well-known racing venues around the world. As the jewel of Racing New South Wales and home to the most of the biggest feature races in the country, the Everest is in the capable hands of a terrific venue.

Visit our Randwick Racecourse feature length review for important information on the track’s history, biggest races, and differentiating factors in comparison to other esteemed racing venues across Australia.

Race History of the Everest

The Everest is a fairly recently introduced race with a unique entry that requires owners, syndicates etc, to buy a race slot. This is one of the key races on the racing calendar that allow punters to see the current crop of fastest horses in Australia. 

Of the 6 winners so far, only one has been a colt, one jockey has won the race 3 times, two sets of trainers have won twice and one horse has won twice, only twice have favourites won. So, as you can see they keep coming back for second or more attempts to win this prestigious race.

However, the event is not without controversy. For the 2nd running in 2018, there was public uproar on the use of the sails of the Sydney Opera House as an advertisement with over 250,000 signing a petition. 

Past Winners of the Everest

The Everest is an extremely prestigious race held at Randwick Racecourse during the Spring of the Australian racing calendar. With the sort of money available and the investment required to enter this is a race of both notoriety and prestige. Some great racehorses have entered and won as you can see, Nature Strip and Classique Legend, but the honours must go to Redzel who won the first two runnings.

2022Giga Kick    3yo/G    (The favourite Nature Strip was 4th)
2021Nature Strip    7yo/G    (The second favourite to win the race)
2020Classique Legend5yo/G    (The first favourite to win the race)
2019Yes Yes Yes3yo/C    (The favourite Arcadia Queen was 11th)
2018Redzel6yo/G    (The favourite Shoals was 11th)
2017Redzel5yo/G    (The favourite Vega Magic 2nd)

Even though this is short list I´m sure you will know this race attracts the most capable horses. 

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