Royal Ascot prize money: How much is Britain's most valuable race meeting worth?

Summarized by: Live Sports Direct
 
Royal Ascot prize money: How much is Britain's most valuable race meeting worth?

Royal Ascot is one of the biggest social occasions of year. It's the most expensive run in Britain all year, with millions of pounds up for grabs on track. Last season the meeting was held behind closed doors in mid-June during the first Covid-19 lockdown.

Royal Ascot is the most expensive race meeting in the UK. This year's race is worth £6 million, an increase of 66% on last year. The average prize-money per race at Royal Asot is £171,000.

Betfair offers £5 bet on the SBK and Paddy Power offers a £40 bet between Friday 4th and Sunday 13th June. Paddys Rewards Club offers 5x bets of £10+. Royal Ascot had planned to offer £8 million in 2020 but pandemic hit. The Queen Anne Stakes has a prize-fund of $400,000, up from £250,00 last year. Prince Of Wales's Stake has an increase of more than £700, 000.

This year's prize money is 75% of what was planned for 2020. The business will absorb a significant loss this year to support the industry. The pandemic has knocked back the business' financial trajectory by several years. Racecourse chief Guy Henderson hopes to increase the prize amount further in the near future. He thanks the owners for their support.

A responsible gambler establishes time and monetary limits before playing. They only gamble with money they can afford to lose.

Establishes time and monetary limits before playing. Only gambles with money they can afford to lose. Never chase their losses.


IN THIS ARTICLE