We determine the asymptotic behaviour of the number of Eulerian circuits in a complete graph of odd order. One corollary of our result is the following. If a maximum random walk, constrained to use each edge at most once, is taken on Kn, then the probability that all the edges are eventually used is asymptotic to e3/4n−½. Some similar results are obtained about Eulerian circuits and spanning trees in random regular tournaments. We also give exact values for up to 21 nodes.