Overall Wagering Turnover For The Everest To Exceed A$100M

Betting turnover for this weekend's The Everest was 11% higher than in '17.GETTY IMAGES

This year's The Everest will be the second-biggest betting day in Australian racing, "with overall wagering turnover set to soar" over the A$100M ($71.3M) barrier, according to Ray Thomas of the Sydney DAILY TELEGRAPH. Some wagering operators "have not yet submitted final turnover figures" for Saturday, but Everest Day "has already smashed last year’s betting returns." Redzel won his second successive The Everest at Royal Randwick, with betting turnover on the race itself up 11% on last year with TAB, corporate bookmakers and other wagering operators. NSW TAB turnover on The Everest meeting was up 9% last Saturday compared to '17 returns, when wagering on the race topped A$12M and over A$28M in bets were held by TAB on the Randwick meeting (DAILY TELEGRAPH, 10/15).