First prize was $3.3 million. In the early years, the prizes included a gold watch and a share of a cash purse. The successful connections first received a cup in 1865. The prize also included a gold watch. The Melbourne Cup was first to run in 1861. Second place was awarded £2000 and third £1000. That includes the owner, jockey, trainer, strapper, and the breeder. The strapper of the winning horse also receives a trophy worth $5,000. More Melbourne Cup We advise you to read these carefully as they contain important information. You’ll be happy to know that everybody can share in the magic. Understandably, they get more as the higher level of input and time spent with the horse is considerable. … The Melbourne Cup 2020 has maintained its prize money status for a handicap. The importance of the race in the early days and the prize fund was reflected in the fact that in 1877 race day was declared a full day holiday. The Cup moved from 9ct to 18ct gold. Have you ever wondered how much the jockey earns after winning the Melbourne Cup? First $4.4 million (plus $250,000 in trophies), 2nd $1.1 million, 3rd $550,000, 4th $350,000, 5th $230,000, and from 6th to 12th place each will receive $160,000. Racing Victoria has managed to gather together a whopping $8 million in total prize money. » Fashions on the Field ratings. Don't play with the law: check that the sites you register on accept players from your country of residence. National Gambling Helpline: 1800 858 858. The winner took £10,315, 2nd place £2000 and 3rd £1000. The winning and placed horse now share in a prize fund that has doubled over the last 19 years. The 1985 Melbourne Cup was the first race in Australia to offer 1 Australian dollar in prize money. twitter, privacy The Melbourne Cup is one of the world's richest horse races. The prize also included a gold watch. The other connections to the winning horse take home the remaining 85% of the prize money, which amounts to $3,740,000. The first 12 past the post receive prize money, with the winner being paid $4.4 million, second $1.1 million, third $550,000, fourth $350,000, fifth $230,000, with sixth through to twelfth place earning $160,000. Before July, it was still standing at $7.3 million. The winner receives $250,000 in prize money for everybody that’s involved in getting the thoroughbred over the winning line. Excl VIC, NSW, SA & WA. Jockeys are entitled to 5% of the prize money earned and will usually also receive a small amount for booking the ride. The Melbourne Cup trophy valued at $80 000. The Melbourne Cup is one of the world's richest horse races. The Melbourne Cup trophy valued at $80 000. The first 12 horses receive prize money and the winner’s connections are given a share of 4.4 AUD. It is commonly reported that the prize for the first winner of the Melbourne Cup, Archer, was £710 in the form of 710 gold sovereigns. the Melbourne Cup trophy valued at 200 pounds. There have been several significant milestones in the history of the Melbourne Cup and the financial rewards for winning the race. The trainer will receive double that amount, and their paycheck for the day will be $440,000. Get the latest Melbourne Cup Betting Offers(18+|T&C Apply), Get the latest Melbourne Cup Betting Offers (18+|T&C Apply). First $4 million (plus $250,000 in trophies), 2nd $1 million, 3rd $500,000, 4th $250,000, 5th $175,000, and from 6th to 12th place each will receive $150,000. Also, the prize money is now distributed down to 12th place. T’s & C’s apply. Please be sure to visit the operator’s website(s) to review their terms & conditions. The prize for the winner was £7,000 plus the cup worth £200. That includes the owner, jockey, trainer, strapper, and the breeder. sitemap » CHAMPION: Vow And Declare finishes first. There is more information about the 1861 prize money. Sources: The information above was from various sources online and many not be 100% correct. The Melbourne Cup was first to run on the first Tuesday in November in 1975. Stream Sky Racing live and free on your mobile or desktop computer! The jockey is entitled to 5% of the winning sum. The Melbourne Cup is one of the richest races in Australia, second only to The Everest, and in 2019 it will again hit a new high with the victor set to take home more than $4 million. Javier Castellano and John Velazquez are the top professional horse jockeys they take part in 1,200 plus races a year. On top of their prize money a winning trainer will also receive a miniature Melbourne Cup trophy worth $10,000. In fact, the race was a Cup race in name only because the winning owners did not receive a Cup. The prize also included a gold watch for the winning owner. The Melbourne Cup 2020 has maintained its prize money status for a handicap. » Winners and losers also with the cup valued at £200. The prize also included a gold watch. author info Facebook; Twitter; Whats App; Reddit ; Email; VINCE CALIGIURI/GETTY IMAGES. Not sure if there was a prize for placings. You might be surprised to learn that Cup winning jockeys will earn over $200,000 for their winning ride.Jockeys are entitled to 5% of the prize money earned and will usually also receive a small amount for booking the ride.While the race horse owners are entitled to keep the Melbourne Cup trophy, jockeys are presented with a miniature cup which is wor… To see what's coming up, check out the calendar of major sporting events. The Melbourne Cup trophy valued at $32,500, The Melbourne Cup trophy valued at $32,000. You must provide an email address to create a Roar account, When using Facebook to create or log in to an account, you need to grant The Roar permission to see your email address, By joining The Roar you agree to our Privacy Policy and Terms & Conditions. In 2019 the total prize money exceeded a staggering $8 million. The prize awarded for the Melbourne Cup has come a long way from the first race held in 1861 where the prize was a gold watch and £710 (or was it?). The Melbourne Cup prize money lures many Thoroughbred owners into undertaking the long and risky process of getting a horse qualified, through quarantine and onto the line for the start of the Melbourne Cup introduces a new factor of uncertainty. 2nd Racing bet. The race became the richest handicap in the world. If you’re not a regular at the races, don’t let it hold you back. Many other websites are reporting the prize as £170, both amounts which we believe is incorrect. This year’s prize money has marked this event once again as the world’s richest handicap race, and placing it 5th overall as the highest paying horse race on the planet. The horse that finishes in 12th place earns 160,000 AUD for the connections. The owner of the winner received £8,750, 2nd £2,500 and 3rd £1,250. When the Melbourne Cup was first to run in 1861, it was one of the richest races in Australia. Many of the prize money amounts listed above are from digitised newspaper reports (see http://trove.nla.gov.au). Captured a great grassroots sporting moment? During WWII the prize was reduced and winning owners reportedly received war bonds valued at 200 pounds. If you wan’t to know more about the Melbourne Cup checkout our dedicated Cup page. the Melbourne Cup trophy valued at 200 pounds. You may think that the value of the Melbourne Cup has only grown over it’s long history but that hasn’t always been the case. The value of the stake to the winning owner was £9,799, and with the addition of the trophy (valued at £200), the total amount is £9,999. The winner also received trophies valued at $125,000. The prize money for winning the big race is $4 million, but the jockey is only entitled to five per cent of that, equating to $200,000.

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