sydney to hobart yacht race betting

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Sydney to Hobart yacht race betting

Widely considered one of the most difficult yacht races in the world, the Sydney to Hobart is one of the Australian summer’s most recognisable and prestigious sporting events.

Kicking off on Boxing Day, competitors face a 640 nautical mile journey (or 1,170km) from the Cruising Yacht Club of Australia based in the NSW capital through to the Royal Yacht Club of Tasmania – which is located in Hobart.

The race has been in existence since 1945 and is now considered one of the elite sailing races in the world alongside the esteemed America’s Cup.

The Sydney to Hobart is part of Australian sporting folklore despite the sport of sailing not holding a special place in the Aussie landscape, which makes it a cultural phenomenon in this country.

Nothing quite encapsulates the Christmas period in Australia like hearing about how the boats are faring on the Australian seas.

Those new to sailing can have a hard time wrapping their head around the terms and concepts of the race, which means betting can be a minefield.

If you are looking to place a bet on the Sydney to Hobart but do not know where to start, this article will run you through the best places to bet on sailing, the markets available and some tips on how to go about investing your hard earned cash.

Best bookmakers for the 2023 Sydney to Hobart betting

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How does the sydney to hobart yacht race work.

Kicking off on Boxing Day, the Sydney to Hobart yacht race pits the world’s very best elite sailing yachts against each other to make it from the NSW capital to Hobart in the fastest time possible.

Depending on the size and shape of the boat, the race can take anywhere from a day and a half to complete up to three full days.

The speed in which the race is completed has gradually shaved down from the six days and 15 hours we saw on the very first Sydney to Hobart to the one day and 18 hour record we saw in 2012.

There are two methods of victory for the Sydney to Hobart race: line honours and the overall winner.

Line honours is a term that most non-fanatics would have heard before – it is essentially like a regular race, first to Hobart wins.

Overall winner is a little trickier, as there are equations to process once boats pass the line.

For those who find it a little confusing we put together an easy to decipher guide on the Sydney to Hobart main race types.

Invariably the line honours will go to a yacht that is much smaller in size than the other maxi yachts in the race given their weight and manoeuvrability is much more conductive to achieving a faster time through the ocean waters.

In 2012 Wild Oats XI set a new record by crossing the line in 1 day, 18 hours, 23 minutes and 12 seconds, and is the only boat in the history of the race to set a new record whilst also achieving both the line honours and the overall win.

Overall winner: The overall winner – or handicap time winner – is the yacht adjudged by a pre-determined system to have the best time in the Sydney to Hobart based on a number of factors.

The Sydney to Hobart implements the IRC system, which bases the time the boat should make it to the finish line based on size, weight, design and the materials used in the manufacture of the boat.

The IRC rules are not published – which the body says is to protect the integrity of the race so yacht manufactures cannot build a boat specifically designed break records and beat the handicap.

The pre-determined odds are then multiplied by the speed the boat took to get to its destination and the overall time is released.

Betting markets on the Sydney to Hobart yacht race

Unlike most sports betting markets , the Sydney to Hobart does not have the regular depth of markets we tend to see.

Sailing is not your typical sport and we do not see competitors confirmed until closer to the start of the race so not many bookmakers offer futures bets months in advance of the departure time.

Punters do get to bet on the overall winner once the yachts have been confirmed and any bookmaker worth their salt will include both the line honours and handicap markets on the big name boats that are taking part in the race.

Best bookmakers to place a Sydney to Hobart bet at

Once the Australian summer rolls around punters are always keen to have a bet on horse racing , cricket, tennis and the Sydney to Hobart, but where are the best places to invest your cash?

Thankfully those who do not have the time or inclination to be scouring sources and hitting up sites to try and figure out what works best for them have our guide to help them select the best places to bang some cash on the boats this Boxing Day.

Neds.com.au have made it their business to make sports betting a priority in Australia and the sailing is no exception.

All the big sailing races are catered for and once the yachts are finalised for Boxing Day you can bet your bottom dollar Sportsbet will be first in line with all the markets for Australia’s biggest yacht race.

Picklebet.com.au are making massive strides in the sports betting industry and focusing on the more particular markets like sailing will endear them to even more punters.

Not just content providing the Sydney to Hobart odds, but futures on the Americas Cup go up a year in advance of the race. Punters looking to invest on the Sydney to Hobart have a new go-to place for their wagers this Boxing Day.

Everything you need to know ahead of Sydney to Hobart... including a record under threat

Skippers of the supermaxi yachts preparing for Monday’s Sydney to Hobart bluewater classic are targeting a new record in a high-speed race they predict will go to the wire .

With northerly winds forecast for one of the world’s most challenging ocean events, Comanche’s one day, 9 hours, 15min and 24sec record for the 628-nautical-mile (1,200-km) endurance test, set in 2017, is under threat.

“It’s a race that could definitely rack up a record, especially with Andoo Comanche (in the field),” Mark Richards, skipper of nine-time line honours-winning supermaxi Wild Oats, said on the event website.

“It all depends on the actual conditions. But if it’s dead the whole way, I’d say not, but then it only has to change a couple of degrees and all of a sudden, it’s all on.

“If there’s breeze in the Derwent (River), absolutely.”

The NSW Bureau of Meteorology has forecast north-easterly winds for Monday’s start, which augurs well for the 100-foot supermaxis -- Andoo Comanche, Black Jack, Wild Oats and LawConnect - among the 109-strong fleet.

They are predicted to get off to a flying start from Sydney Harbour, with the winds propelling them down Australia’s east coast before they tackle the notorious Bass Strait towards the Tasmanian state capital Hobart.

Here are the key things you need to know ahead of the 77th running of the great race.

WHAT TIME DOES IT START?

The race will begin at 1pm AEDT Boxing Day on Sydney Harbour.

HOW MANY BOATS ARE COMPETING?

A fleet of 111 were entered into this year’s race but only 109 will set sail from the start line.

WHY ARE THERE TWO PRIZES?

Two main prizes are up for grabs in the Sydney to Hobart race. The first boat to cross the line at the Constitution Dock in Hobart takes home line honours (J.H Illingworth Trophy), typically awarded to the biggest, fastest boats in the race.

However, handicap honours, or the overall winner, is the more prestigious award (Tattersall‘s Cup), where boats are rated on their expected speed of the vessel’s size and other statistics.

There is a chance of wining both awards, although handicap honours is usually won by smaller physically slower boats to create an equaliser to the fleet.

WHO ARE THE LINE-HONOUR FAVOURITES?

The clear betting favourite is 30-metre supermaxi yacht Andoo Comanche, although LawConnect and Black Jack are also well-backed to contend.

WHO ARE THE HANDICAP FAVOURITES?

It is a much tighter field for the handicap winner, with New Zealand entry Caro currently the frontrunner while Sunrise, Alive and Andoo Comanche are also leading the way.

HOW CAN I WATCH IT?

The race, which begins at 1pm (AEDT) on Boxing Day, will be available to watch on 7mate and steam through 7plus. You can also follow all the action live on foxsports.com.au .

HOW CAN I FOLLOW THE BOATS ONLINE?

Race sponsor Rolex has a tracker on their website using GPS devices for each vessel activated once it begins.

WHAT IS THE FLEET, COURSE AND DISTANCE?

The fleet ranges from 100 to 30 feet and heads through Sydney Heads then moves south down the coast.

Boats race down the Bass Straight and east coast of Tasmania and through Storm Bay, then finish at Hobart’s Derwent River.

The rhumb line — the shortest distance between Sydney and Hobart is 628 nautical miles (1163 kilometres), however yachts inevitably cover more distance as they follow the fastest route available.

WHO WON LAST YEAR?

Black Jack was last year’s line honours winner, taking out the victory in two days, 12 hours, and 37 minutes while Ichi Ban has won the last two handicap trophies, although the New South Wales yacht will not be competing this year.

WHO ARE THE PREVIOUS LINE-HONOUR WINNERS?

2021 - Black Jack

2019 - Comanche

2018 - Wild Oats XI

2017 - LDV Comanche

2016 - Perpetual LOYAL

2015 - Comanche

2014 - Wild Oats XI

2013 - Wild Oats XI

2012 - Wild Oats XI

2011 - Investec Loyal

2010 - Wild Oats XI

WHO ARE THE PREVIOUS HANDICAP WINNERS?

2021 - Ichi Ban

2019 - Ichi Ban

2018 - Alive

2017 - Ichi Ban

2016 - Giacomo

2015 - Balance V

2014 - Wild Rose

2013 - Victoire

2012 - Wild oats XI

2011 - Loki

2010 - Secret Men’s Business

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Sydney To Hobart Yacht Race Tips, Betting Odds and Yacht Previews – 2019

Boxing Day in Australia simply wouldn’t be the same if not for a few beers, the cricket and start of the Sydney To Hobart Yacht Race. 163 yachts will cast off from Sydney Harbour at 1pm AEDT on Thursday, December 26 th  for what will be the 75 th  edition of the Sydney To Hobart, including five super maxis. This will therefore be the largest fleet to set sail since the race’s 50 th  edition in 1994 and the fourth largest in history.

When: Thursday, December 26th at 1:30PM AEDT

Bet ?: Bet On This Race HERE

Line Honours

As is typically the case in the Sydney To Hobart Yacht Race, only the five super maxis are given any real chance of winning line honours in 2019.

Jim Cooney and his crew are back and will attempt to sail Comanche to its third line honours victory in the 2019 Sydney To Hobart yacht race.

She remains the fastest ever winner of the Sydney To Hobart, having crossed the line in one day, nine hours and fifteen minutes when triumphant in 2017. Simply put, Comanche can never be left out of the equation and is live chance of line honours in 2019.

She was pipped on the line for second by Black Jack in 2018 and will be eager to respond by winning the 2019 Sydney To Hobart.

Black Jack is primed another another big performance and result in the 2019 Sydney To Hobart.

The Queensland-based super maxi has been around the mark for several years now enters the 2019 edition of the race off the back of an impressive line honours win in the famed Bird Island Race. In what is shaping as the most open edition of the Sydney To Hobart in some time, she looks a serious chance of returning to winning form.

Wild Oats XI

The reigning champion and most successful boat in the history of the Sydney To Hobart, Wild Oats XI will seek an unprecedented tenth line honours win when she casts off on Boxing Day.

Mark Richards will skipper an ever-dangerous crew, but there is no denying that it will take a herculean feat to win this year after the super maxi sustained damage during November’s Cabbage Tree Island Race, throwing preparations into chaos.

A name synonymous with the race, the Hong Kong-based Scallywag will take her place in the 2019 fleet and is sure to garner plenty of interest, particularly from her cult following.

Skipper Seng Huang Lee’s ultimate goal each year is to raise the profile of sailing in Asia and in his own words, “At the end of the day, we are just a bunch of mates sailing together with an ever-growing Scallywag family.”

Of the five super maxis, they tend to always be the least likely to claim line honours but in this open edition of the race, anything is possible.

Last year’s fourth placegetter is back and rounds out this year’s super maxi fleet. The conditions of the race simply did not suit in 2018, but she still managed an extremely competitive performance and was ultimately lauded by her major competitors.

Winner of the 2016 Sydney To Hobart when sailing under the name Perpetual LOYAL, InfoTrack is an extremely versatile yacht and is perhaps the most capable of adapting to unique conditions in Bass Strait and beyond.

Tattersalls Cup (Handicap)

In theory, every yacht in the Sydney To Hobart fleet is capable of winning the Tattersalls Cup and it is typically taken by a yacht in a class below the super maxi level. It is considered Australia’s foremost offshore sailing prize.

Ichi Ban won the Tattersalls Cup in 2017 and was beaten by the conditions in the Derwent River in 2018, ultimately finishing a credible fifth behind Alive.

She has enjoyed another competitive season, highlighted by wins in the Brisbane Hamilton Island, Flinders Islet and Newcastle Bass Island races. She is a fitting occupant of the top line of betting and will take beating again.

Quest is another smaller yacht that has enjoyed an ideal lead in to the 2019 Sydney To Hobart and looks a touch of overs in Tattersalls Cup betting at around the $11 mark.

Having won the Sydney To Hobart twice previously, she was last seen tuning up for this year’s race with an impressive win in the Bird Island Race.

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Tip: Comanche at $2.75

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*Odds correct at time of posting. Subject to change

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Rolex Sydney Hobart Yacht Race 2024

Alfa Romeo odds-one in TAB betting

• 24 Dec, 2002 10:33:00 AM

Australians are noted gamblers, betting on horse and dog racing, the cricket scores, even on cane toad races.

Australians are noted gamblers,   betting on horse and dog racing, the cricket scores, even on cane toad races.      Every year their skills at picking a winner turn to that icon of summer sport,   the Rolex Sydney Hobart Yacht Race,   with the NSW TAB and CentreBet setting odds for the long ocean race.   Both betting agencies have the 90-footer super maxi, Alfa Romeo,   until recently known as Shockwave,   as an odds-on favourite to take line honours,   with the NSW TAB setting a dividend of payment of $1.40 for an outlay of $1.00.   Other big boats are at short odds,   Canon (Leopard) paying a dividend of $4.00 but Nicorette looking good odds at $9.00.       Bets on the Rolex Sydney Hobart may be placed at TAB agencies,   hotels and clubs with TAB betting facilities,   and by telephone and on the internet,   with the NSW TAB listing the following odds yesterday, 22 December 2002:   TAB No        Yacht                                                 Price 1           A lfa Romeo                                                 $1.40 4          Canon (Leopard)                                            $4.00 13        Nicorette                                                          $9.00 16        Australian Skandia Wild Thing                    $11.00 17       Yachts not quoted                                          $11.00 2          Brindabella                                                     $17.00 7          Grundig                                                        $41.00 12        Merit Navigator                                              $51.00 11        Magnavox 2UE                                             $67.00 3          Broomstick                                                     $81.00 5          Dreamland                                                    $101.00 8          Hollywood Boulevard                                  $101.00 9          Ichi Ban                                                      $101.00 10        Infinity III                                                      $101.00 6          formulaonesailing.com                              $101.00 14        Quest                                                              $151.00   Bets will be taken up until the Preparatory Signal at 12.50pm on Thursday, 26 December.  

Congratulations to all the divisional winners of the Rolex Sydney Hobart Yacht Race 2023

PHOTOS | 2023 Rolex Sydney Hobart Official Prizegiving

PHOTOS | Day 5 Morning - Tasman Island and Storm Bay

PHOTOS | Day 5 and Day 6 finishers

PHOTOS | Official Presentation of Tattersall Cup and Rolex Timepiece to the Overall Winner

2023 Rolex Sydney Hobart Yacht Race - A Race for the Ages

VIDEO | 2023 Rolex Sydney Hobart Yacht Race - Rolex Daily Video Summary

VIDEO | Rolex Sydney Hobart Yacht Race 2023

VIDEO | 2023 Rolex Sydney Hobart Official Prizegiving

VIDEO | Race Update - 31 December Morning

AUDIO | 2023 Rolex Sydney Hobart Sked 10

AUDIO | 2023 Rolex Sydney Hobart Sked 9

AUDIO | 2023 Rolex Sydney Hobart Sked 8

AUDIO | 2023 Rolex Sydney Hobart Sked 7

AUDIO | 2023 Rolex Sydney Hobart Sked 6

Official rolex sydney hobart merchandise.

Shop the official clothing range of the Rolex Sydney Hobart Yacht Race and the Cruising Yacht Club of Australia in person at the Club in New South Head Road, Darling Point or online below.  

From casual to technical clothing, there is something for all occasions. Be quick as stock is limited!

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