Caulfield Cup and The Everest Betting Guide: Spring Carnival's Biggest Saturday So Far

This Caulfield Cup and The Everest betting guide covers the Spring Carnival's biggest Saturday so far, with the 150th Caulfield Cup in Melbourne and the $20 million Everest at Royal Randwick in Sydney, both on 17 October. Hong Kong champion Ka Ying Rising is a heavy favourite in Sydney, while Melbourne's 2400m feature looks wide open.
Caulfield Cup and The Everest Betting Guide - Saturday 17 October: Race Details
Below you'll find both fields, the odds, the weather question, a few angles to weigh, and where to check horse racing odds before you commit to anything.
- The Everest: Group 1, 1200m, Royal Randwick, Sydney, $20 million, about 4:15pm AEDT (6:15am BST), 12 runners
- Caulfield Cup: Group 1 handicap, 2400m, Caulfield, Melbourne, about $6.5 million, about 5:15pm AEDT (7:15am BST), 18 runners
- Track watch: a rainy week left Randwick heavy-rated at one stage, while Caulfield was rated good
The Everest: Can Anyone Stop Ka Ying Rising?
Ka Ying Rising arrives as the defending champion and the world's best sprinter, on a run of 21 consecutive wins. TAB had him at $1.40, with other bookmakers between $1.40 and $1.50, after he bottomed out at $1.30. A win would make him only the second two-time Everest winner after Redzel, and TAB said he is the most wagered-on horse in Everest futures history, with nearly $2.5 million held.
The question is conditions and barrier. He drew gate 11, and trainer David Hayes said he was more worried about the weather than the draw, adding that a heavy 9 track would concern him. Tempted, last year's runner-up and now at about $4.50 to $4.80, also drew wide, while Jimmysstar (barrier 8) is around $15. Eight individual Group 1 winners are in the field, including two previous Everest winners, Ka Ying Rising and Giga Kick. You can see what's listed on Sportsbet.io's racing page for today.
Caulfield Cup: A Wide-Open 150th Running
Cosmic Crusader, trained by Andrea Leek and ridden by William Pike, is the favourite at around $4.50 to $4.80 after a commanding Turnbull Stakes win, but he tackles 2400m for the first time and has drawn barrier 17. Defending champion Half Yours carries top weight of 57.5kg from barrier 7 at about $11 to $12, while Wine Dark Sea, the leading international hope, is near $9 from a wide gate.
Saint George (about $8.50) and Zahrann (about $8) are the other shorter-priced runners from Ciaron Maher's stable, Enfjaar draws barrier one at roughly $12 to $13 after winning the Glorious Stakes, and Ohope Wins is around $23 with just 51.5kg. With 18 runners, place markets matter. The upcoming racing page shows the days ahead if you want to look further into the Carnival.
Angles Worth Considering
None of the angles below are certainties in a sport where a wide barrier or a wet track can change a race, but here's where the fields point most clearly.
Everest: price the weather, not just the horse
At $1.40, Ka Ying Rising's price assumes his best form on any surface. If you accept that, the case for backing him is strong, but the return is small. If the track goes very heavy, the doubts Hayes raised become real, and the market could shift. Watching the final track rating before you bet is cheap insurance.
Everest: Tempted as the alternative
Tempted ran second to Ka Ying Rising last year and is the clear second favourite, though a wide draw hurts. For anyone who wants to oppose the favourite, a Top 2 or place bet on Tempted is a more cautious route than backing her to win.
Caulfield Cup: wide barriers and a first 2400m
Cosmic Crusader's form is strong, but a first run at 2400m from barrier 17 asks questions. At around $4.50 to $4.80 you're paying for class rather than certainty, so it may suit a place bet better than a win bet.
Caulfield Cup: the weights angle
One tipster has flagged Ohope Wins as a value runner because of her 51.5kg, which is the sort of low-weight runner handicaps can reward. A place bet on a longer price gives you a bigger return if she runs well without needing a win. Sportsbet.io's guide to reading horse racing odds explains the market types, which on its racing pages are win, top 2 and place.
How to Bet a Big Racing Saturday
With two Group 1 races and a full card at each track, it's easy to overextend. Compare prices across books rather than taking the first number you see, watch scratchings and track changes up to the jump, and remember that short-priced favourites can still lose. Sportsbet.io's sportsbook lets you switch between decimal, American and Hong Kong odds, which is useful when you're reading prices from different markets.
Betting Responsibly on Spring Carnival Day
A big race day invites you to keep adding bets as the afternoon goes on, especially after a favourite is beaten. Treat every angle above as one opinion among many, not a guaranteed result, and set your budget before the first race rather than adjusting it as the day goes on.
Account tools such as deposit limits, loss limits, and time-outs help keep your betting within a budget you're comfortable with. Sportsbet.io's responsible gambling page explains how to set these up. Betting should stay entertainment, not a way to chase back a loss from an earlier race.
If gambling has stopped feeling like entertainment, confidential support is available from:
Age and identity checks apply, and betting is restricted to those who meet the legal gambling age and requirements in their jurisdiction. Check that online betting is permitted where you live before you place a bet.
FAQs: Caulfield Cup and The Everest Betting Guide
When are the Caulfield Cup and The Everest?
Both are on Saturday 17 October 2026. The Everest is at Royal Randwick at about 4:15pm AEDT, and the Caulfield Cup is at Caulfield at about 5:15pm AEDT.
Is Ka Ying Rising the favourite for The Everest?
Yes. He is a short-priced favourite at around $1.40 to $1.50, chasing a second Everest win.
Who is the favourite for the Caulfield Cup?
Cosmic Crusader, at around $4.50 to $4.80, though he has drawn barrier 17 and runs 2400m for the first time.
How many runners are in the Caulfield Cup?
Eighteen runners, with four emergencies.




