• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Betting Offers UK

Best Free Bets & Casino Sign Up Offers For 2020

  • Betting Offers
  • Free Bets
  • Casino Bonuses
  • Home
  • New Sites
  • Free Spins
  • Free Bet Clubs
  • Loyalty
  • Football
    • Premier League
  • Horse Racing
    • Cheltenham Festival
      • Disruptions & Cancellations
      • Old Course v New Course Differences
      • Prestbury Cup
      • Top Trainers
    • Grand National
      • Disruptions & Cancellations
      • Back to Back Grand National Winners
      • How Often Does the Favourite Win?
      • How to Pick the Grand National Winner
      • What is the Virtual Grand National?
  • Irish Lottery
  • Blog

Royal Ascot 2020 Prize Money Increase: Where Does it Rank in Horse Racing’s Rich List?

4 December, 2019

Union Jack and British Pound SymbolThe summer showpiece of UK and Irish flat racing, Royal Ascot, will enjoy a significant bump in prize money in time for the 2020 meeting.

There will be more than £8 million up for grabs across the five-day festival in June, which is up more than £700k on the 2019 figures.

And the headline news is that not one but two races will offer £1 million prize funds for the first time in the meeting’s history.

Both the Prince of Wales’ Stakes and the Diamond Jubilee Stakes will see a comprehensive increase to the seven-figure mark in an attempt to lure the world’s best horses to Greater London.

Royal Ascot 2020 Race Prize Fund Changes

Day Race 2019 Prize Fund 2020 Prize Fund Increase
Tuesday St James’s Palace Stakes £538750 £500,000 -£38,750
Tuesday Ascot Stakes £90,000 £95,000 +£5000
Tuesday Wolferton Stakes £100,000 £110,000 +£10,000
Wednesday Queen Mary Stakes £110,000 £115,000 +£5,000
Wednesday Queen’s Vase £225,000 £250,000 +£25,000
Wednesday Prince Of Wales’s Stakes £750,000 £1,000,000 +£250,000
Wednesday Windsor Castle Stakes £90,000 £95,000 +£5,000
Thursday Norfolk Stakes £100,000 £110,000 +£10,000
Thursday Hampton Court Stakes £90,000 £95,000 +£5,000
Thursday Ribblesdale Stakes £215,000 £200,000 -£15,000
Thursday George V Stakes £90,000 £95,000 +£5,000
Friday Albany Stakes £90,000 £95,000 +£5,000
Friday Sandringham Stakes £90,000 £95,000 +£5,000
Friday Duke Of Edinburgh Stakes £90,000 £95,000 +£5,000
Saturday Chesham Stakes £90,000 £95,000 +£5,000
Saturday Jersey Stakes £90,000 £110,000 +£20,000
Saturday Diamond Jubilee Stakes £600,000 £1,000,000 +£400,000
Saturday Queen Alexandra Stakes £90,000 £95,000 +£5,000
Total all Royal Ascot races £7,383,750 £8,095,000 +£711,250

Organisers hope that the royal meeting will eventually be worth some £10 million, and in 2020 the total available prize money offered at meetings throughout the year at Ascot – excluding British Champions Day – will be a cool £14.4 million.

Sweet Sixteen for Ascot

Ascot Grandstand Close View
Image Credit: Nicolas de Camaret, flickr

With 30 races in total at Royal Ascot, organisers have confirmed that 16 of them will have a prize money increase of some kind, and no race through the card will be run for less than £95,000.

The likes of the Jersey Stakes and the Queen’s Vase will see increases of £20k and £25k respectively, and the aim is to appeal to connections of horses of all classes, according to the track’s director of racing and public affairs, Nick Smith.

“There are a lot of horses which are Listed, Group 3 and arguably Group 2 level who are trained in Britain but who are effectively farming these equivalent races overseas.

“It’s not just a question of saying we want to get the best Australian and Japanese horses – of course we do – but it’s also a question of making the prize-money down the field for these Group 1 races appealing enough for the outsiders in these race to stay here.

“We don’t want the Queen Anne to decimate into a five or six-runner race because the 16/1 and 20/1 chances have alternatives elsewhere. It is as important for us to set these races for domestic audiences as it is to promote them internationally.”

That said, you don’t pump up your prize money to an eye-catching one million mark if you don’t want to attract the best in the business both domestically and overseas.

And as confirmed by Guy Henderson, Ascot’s chief executive, the income generated from the meeting can help to boost British racing ‘through bloodstock and horses in training’.

“Our strategy is to increase the profile, popularity and prestige of Royal Ascot to drive international investment in British racing, which is so important.”

Counting the Pennies

That £8 million prize kitty will put Royal Ascot amongst the most prestigious and money-spinning horse racing festivals on the planet.

And while on UK and Irish soil that will extend the meeting’s position as the most lucrative, from a worldwide sense it still lags way behind some of the more prominent international festivals on the circuit.

Just take a look at the Dubai World Cup, which offers a staggering prize pool of £26.9 million, or the brand new Saudi Cup meeting, where the Crown Prince has promised a knee-knocking fund of £26.8 million for those willing to make the trip to the Middle East.

Royal Ascot is the most moneyed meeting on European soil, consolidating its position over the Arc weekender (£5.7 million) and even jumps outings like the Cheltenham Festival, which dishes out £4.5 million to its participants.

Increasing the prize fund of the Prince of Wales’ Stakes and the Diamond Jubilee Stakes to £1 million will attract plenty of interest from around the globe, but again the reality is that this is a mere drop in the ocean compared to the big hitters overseas.

World's Richest Races Chart

As you can see, the remarkable Saudi Cup will take top billing with a scarcely believable £15.2 million prize fund for just one race, with the winner trousering £7.5 million for their owners and the rest of the top ten sharing the remaining kitty.

The Middle East continues to be the richest ground for horse racing, with both the Pegasus and the Dubai World Cup both featuring prominently on our richest race ranking.

Australia also serves up some tasty fare courtesy of the Everest, the richest turf race in the world held at the Randwick course. Originating in 2017, the connections who are interested in entering must stump up a $600,000 entry fee just to get their horses into the stalls.

On European soil it is the Prix de l’Arc de Triomphe that takes top billing with more than £4 million up for grabs, while in the UK it is the Epsom Derby which pays out the best with a cool £1.6 million to be shared amongst its best performers.

Previous Post: « Will Amazon Prime Take Over Premier League TV Rights Permanently?
Next Post: Could the Foal of Winx and I Am Invincible be the Perfect Racehorse? »

Primary Sidebar

Blog

Football Manager In Front of Stadium Holding Ball
Why Do Football Clubs Employ Inexperienced Big Name Players as Managers?
Football Player Celebrating
The Closest Premier League Title Races in History: Will 2020/21 Be One of Them?
Saudi Flag Against Dark Background
Racing Behemoth Khalid Abdullah Dies Aged 83 – What a Legacy He Leaves Behind
Donald Trump Waving
Donald Trump and Golf: The Courses Owned by the Former US President & Why He Was Dropped by the PGA Championship
Football Referee Flipping Coin
Heads or Tails: When Football Matches & Tournaments Have Been Decided by a Coin Toss
More Blog Posts | Full Archives

Archives

Loyalty Offers

  • Acca Bonuses
  • Acca Insurance
  • Best Odds Guaranteed
  • Free Bet Clubs
  • Loyalty Points

Major Events

  • Grand National
    • Disruptions & Cancellations
    • Back to Back Winners
    • How Often Does the Favourite Win?
    • How to Pick the Grand National Winner
    • What is the Virtual Grand National?
  • Cheltenham Festival
    • Festival Disruptions & Cancellations
    • Old Course v New Course
    • The Prestbury Cup
    • Top Trainers
  • Premier League
  • Irish Lottery

Popular Posts

  • Equine Flu Outbreak 2019: Timeline & Latest Updates
  • The Life & Career of Emiliano Sala: From Cow Fields in Argentina to a Terrace Darling in Nantes
  • Brexit & Football: Will Leaving the EU Spell the End of the Premier League As We Know It?
  • Cheltenham Gold Cup 2019 Entries: Who’s In, Who’s Out and Who Should You Back?
  • Rooney’s Rap Sheet: After Airport Arrest We Ask Why Wayne Can't Keep Out of Trouble?
  • Manchester United Sack Jose Mourinho: Is it Farewell or Good Riddance, and What Next for the Portuguese Manager?
  • The Brexit Affect: UK & Irish Horse Racing Could Look Very Different After Leaving the EU
  • Gambling Advertising in Sport: Is it Game Over for Betting Shirt Sponsors in Football?
  • Match Fixing in Sport: How Deep Does it Go and Should Punters be Concerned?
  • Fans Behaving Badly: Football Violence, Riots, Protests and Disruptions
  • Cheating in Darts: Coughing, Farting & Outright Deception
  • FOBT Maximum Stake Limit: How the Government Has Made a Shambles of Our Era’s Most Contentious Betting Issue
  • Does Football Have a Gambling Problem? Sturridge Latest to be Charged by the FA For Breaching Betting Rules
  • A History of The Tote: One of Sports Betting’s Oldest Institutions

Related Posts

  • Racing Behemoth Khalid Abdullah Dies Aged 83 – What a Legacy He Leaves Behind
  • Why Does Rain Cause the Cancellation of Horse Racing Meetings? Could More Artificial Surfaces Help?
  • Could Chepstow, Bangor and Ffos Las Be Set for Bankruptcy in Cruel Blow to Welsh Racing?
  • How Many Jockeys Have Won BBC Sports Personality of the Year? Will Hollie Doyle Be the Next to Take the Award?
  • Are Punters Getting Full Value from the SP with On-Course Bookies Out of Action?
  • Is the Melbourne Cup Safe? Questions Raised After Recriminations and Scandal Mar the 2020 Edition
  • What is the Horserace Betting Levy Board, and How Does It Fund UK Horse Racing?
  • City Horse Racing Project: Could Top-Class Racing Be Heading for the Streets Near You?
  • Hollie Doyle: The Record Breaking Jockey Reaching New Heights for Women in Racing
  • The Longest Winning Odds in Racing History: He Knows No Fear Breaks Record with 300/1 Leopardstown Victory

Betting Blog

  • American Football
  • Athletics
  • Betting Industry
  • Boxing
  • Cricket
  • Darts
  • Football
  • General
  • Golf
  • Horse Racing
  • Motor Racing
  • Politics
  • Rugby
  • Snooker
  • Tennis
betting-sites.co.uk
gambling-sites.co.uk

Copyright © 2021 Betting-Offers.com | BeGambleAware.org 18+