The Everest: Scratchings, Deductions and Settlement Disputes
What happens to a The Everest bet when a runner is scratched, a dead heat lands or a protest is lodged.
Visit Ozwin →Three things change a The Everest bet on the day: a scratching (fixed-odds bets on that runner are refunded and deductions can apply to the rest), a dead heat (the payout is split), and a protest or photo finish (settlement waits for official placings). Fixed odds lock at bet time; tote dividends are set at the jump. The Everest is run over 1,200 metres at Randwick each October as a slot-based race with 12 runners.
The Everest: when a bet is refunded, cut or held
- A scratched runner means fixed-odds bets on it are refunded, and deductions are commonly applied to the fixed-odds prices of the runners that remain.
- Which price you took decides the rest: fixed-odds prices lock in at bet time, while tote (parimutuel) dividends are only set at the jump.
- A dead heat splits the payout, so a winning ticket can return less than the price shown, and a protest or photo finish holds settlement until the placings are declared.
- Win, place, each-way and exotics such as quinella and trifecta all follow those rules on the day. The Everest is a rich turf sprint run over 1,200 metres at Randwick each October, with prize money of about 20 million dollars and a slot-based field of 12 runners, so one late scratching moves every market.
What happens to the bet
| On the day | Effect on the bet |
|---|---|
| Runner scratched | Fixed-odds bets refunded; deductions may apply |
| Dead heat | Payout split between the tied runners |
| Protest lodged | Settlement waits for official placings |
| Tote price taken | Dividend set at the jump, not at bet time |
Frequently asked questions
My runner was scratched. Do I get the money back?
Fixed-odds bets on a scratched runner are refunded, and deductions are commonly applied to the fixed-odds prices of the remaining runners.
Why did a winning ticket pay less than the price shown?
A dead heat splits the payout between the tied runners, so the return is lower than the displayed price suggests.
Why is settlement taking so long after the race?
A protest or a photo finish holds settlement until the placings are declared official.