In addition to having a whole lot of fun as an owner, Australian prizemoney is at a record-high and is some of the best the world has to offer. Over the last decade, prizemoney has increased by 82% with over $819 million dollars paid out to the connections of runners in the 2020/2021 racing season.
That works out at an average of just over $43,000 per race. Although we don’t advise getting involved in ownership purely for financial
gain, if you find yourself in a horse with some ability and it stays physically sound and healthy, you have a good chance of recouping
A Saturday metropolitan (city) race in Sydney or Melbourne is now worth a minimum of $130,000 in total prizemoney, while in Brisbane there is at least $55,000 up for grabs. Working off that, one Saturday city win will usually cover your annual training expenses. Provincial and country racing generally offer smaller purses, but bear in mind, the ongoing costs of keeping a horse in training in these areas are also less.
Minimum Weekend Metropolitan Prizemoney
Rollover or tap map for regional prizemoney breakdown.