How much did the winning horse pay in the Melbourne Cup?

HOW MUCH MONEY DOES THE MELBOURNE CUP WINNER MAKE? The winner of the Melbourne Cup takes home a cool $4,400,000. In 2020, that was Twilight Payment.

How much are Melbourne Cup horses paying?

2021 Melbourne Cup Results

Finish Horse Starting Price
8 9. Selino (24) T: C J Waller J: Ron Stewart $81.00
9 21. Tralee Rose (12) T: Symon Wilde J: Dean Holland $21.00
10 19. She’s Ideel (20) T: Bjorn Baker J: Craig Newitt $101.00
11 1. Twilight Payment (2) T: Joseph O’brien J: Jye Mcneil $13.00

How much does a winning horse make?

Typically, the winner is paid 60 percent of the total purse, and second place is paid, 20% to second place, 10% to third, 5% to 4th, 3% to 5th, and 2% to 6th. From horses’ earnings, jockey and training fees are paid.

How much was very elegant paying?

On 2nd Nov 2021 at Flemington, Verry Elleegant was ridden by James McDonald and scored her most significant win to date, getting the money in the $7750000 Lexus Melbourne Cup, defeating Incentivise. She has proven a profitable horse for the punters over the journey.

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How much does the jockey get for winning the Melbourne Cup?

How much prize money does the jockey get for winning the Melbourne Cup? Jockeys are entitled to 5% of the prize money earned and will usually also receive a small amount for booking the ride. That was $220,000 in 2021. The winning jockey is entitled to 5% of the prize money earned.

Does 4th place pay in Melbourne Cup?

Second place in the Melbourne Cup earns $1,100,000 and third place takes home $550,000.


Place Prize Money
1st $4,400,000
2nd $1,100,000
3rd $550,000
4th $350,000

Who makes the most money in horse racing?


Rank Horse Name Total $
1 Arrogate $17,422,600
2 Thunder Snow (IRE) $16,511,476
3 Gun Runner $15,988,500
4 California Chrome $14,752,650

Who is the richest jockey in Australia?

Top Jockeys by prize money

Jockeys W% $
1 James McDonald 292 72-65-33 25% $22.2m
2 Hugh Bowman 315 45-41-38 15% $10.8m
3 Brett Prebble 198 37-25-18 19% $10.7m
4 Damien Oliver 248 35-31-34 15% $8.5m

How much did Verry Elleegant pay for Melbourne Cup?

The $8 million Melbourne Cup has been won and run by $16 chance Verry Elleegant who finished ahead of raging favourite Incentivise and Spanish Mission. Incentivise ($2.80) was the shortest-priced Melbourne Cup favourite since Phar Lap won in 1930 at $1.73 – the shortest odds ever for a favourite.

How much did Incentivise cost?

Starting at $3.90, he was taken to the front by jockey Brett Prebble and was never headed, winning by a half length from the fast-finishing Mo’unga. On 2 October, Incentivise ran in the Group One Turnbull Stakes at Flemington.

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Who owns very elegant racehorse?

Verry Elleegant is out of the New Zealand race mare Opulence, which was owned by her initial trainer, Nick Bishara. After Opulence won two races she was sold at the 2011 Mixed Sale at Karaka to Don Goodwin, who is the owner of Very Elleegant’s sire, Zed. The horse was named after Goodwin’s granddaughter Ellee.

How do horse jockeys get paid?

How much a horse jockey makes per race depends on how much the purse is for the race. A winning jockey is entitled to 10% of the horse owner’s share of the purse. So, if a race has a purse of $100,000, the winning horse owner will typically receive 60% of it, which is $60,000.

Who is the richest jockey?

Meet Yutaka Take, the world’s richest jockey. A legend in Japan, Take, 52, enjoys ‘God’ status in his homeland and has a film star wife.

How much do jockeys get per ride?

However, as a general rule of thumb Flat jockeys receive around 7% of the advertised win prize and 3% of the advertised place prize. Jump Jockeys receive around 9% of the win prize and 4% of the place prize. The riding fee is negotiated annually between the PJA and the ROA.