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Prior to the 1970s, only the owners of the first four finishers in a horse race in the United States typically received any money at all. In Thoroughbred racing, it was common for 65% of the race's purse was awarded to the winner, with the second, third and fourth horses earning 20%, 10% and 5% respectively.
Horse (sire–dam) Prize money (AUD) Starts Wins Seconds Thirds Group One wins Dr. Grace (Sir Tristam–English Wonder) $2,762,681 57 12 9 7 4 Railings° (Zabeel–La Suffragette) $2,702,360 26 7 2 2 2 Alinghi (Encosta De Lago–Oceanfast) $4,161,740 18 11 3 2 4 Pop Rock° (JPN) (Helissio–Pops) $2,656,110 20 6 1 7 0
The following horses have earned over $10 million in prize money. Most of them raced (at least in part) in Japan, Hong Kong, Australia and/or Dubai due to large purse sizes. [485] Where applicable, the conversion to US$ was made at the time the horse raced so does not reflect current exchange rates.
The purse for the original dirt race was reduced to $9 million, with the other $7 million in purse money was allocated to the new Pegasus World Cup Turf race (formerly the Gulfstream Park Turf Handicap), and another $1 million is available as bonus money should an owner win both races. The entry fee was reduced to $500,000, with 24 entries ...
Thoroughbred horse racing is a spectator sport in Australia, and gambling on horse races is a very popular pastime with A$14.3 billion wagered in 2009/10 [1] with bookmakers and the Totalisator Agency Board (TAB). The two forms of Thoroughbred horseracing in Australia are flat racing, and races over fences or hurdles in Victoria and South Australia
Prize money is distributed to the connections of each horse in the ratio of 85 percent to the owner, 10 percent to the trainer and 5 percent to the jockey. The 1985 Melbourne Cup, won by "What a Nuisance", was the first race run in Australia with prize money of $1 million.
The prize money for top finishers: 3rd place: $40,0004th place: $25,0005th place: $15,0006th place: $10,0007th place: $7,5008th place: $5,0009th place: $2,50010th place: $2,000 ... LA Times owner ...
Golden Sixty also becomes the racehorse with the most prize money earnings in the world, breaking the record made by Winx. On 14 July 2023, Golden Sixty claimed his third consecutive title as the Hong Kong Horse of the Year, becoming the first racehorse to achieve this record in Hong Kong racing history. [3]