Bookmakers face A$5 million loss if favorites dominate Australia's Everest day
Bookmakers brace for multimillion-dollar losses on Australia's Everest day after Pride Of Jenni's scratching strengthened favorites Ka Ying Rising and Autumn Glow. TAB senior trader Tim Ryan said he holds nearly A$1 million on a multi combining both runners and expects potential losses of A$4-5 million if both win Saturday's races at Randwick.
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Published 16 Oct 2026, 06:15 UTC · Updated 16 Oct 2026, 06:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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