$600 in Bonus Bets
Get your first bet matched with up to $600 in racing bonuses*
$300 in Bonus Bets
Sign-up, Join now & get your first deposit matched with up to $300 in racing bonus bets*
Deposit $250, Bet with $550
Sign-up, deposit $250 & receive $300 in racing bonus bets. That's $550 to bet with!*
Deposit $20, Bet with $120
Sign-up, deposit $20 & receive $100 in racing bonus bets. That's $120 to bet with!*
$300 Matched Deposit
Sign-up and get your first deposit matched with up to $300 in racing bonus bets*
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly

Racing Victoria has announced a $15.5 million increase in prize money for the 2017-18 season with a total of $214 million on offer.

Prize money levels at Saturday city meetings along with country fixtures have received a boost as have some feature Group One races.

The first Group One race of the season which coincides with the start of the Melbourne spring carnival, the Memsie Stakes at Caulfield on September 2, will be worth $1 million, up from $500,000 in 2016.

Other enhancements include an extra $250,000 for the Makybe Diva Stakes to $750,000, the same rise for the Underwood Stakes while the Caulfield Stakes has had a $400,000 increase to $1 million.

Three-year-olds have also been catered for with the Caulfield Guineas doubling in prize money from $1 million to $2 million, the Coolmore Stakes doubling to $1 million and the Australian Guineas receiving an extra $250,000 to $1 million.

Minimum prize money for three-year-old races at a Saturday meeting will increase to $120,000, the same level as a Listed race, as it will be for races over 2000m or further.

An extra $2000 has been added to country maidens across the board with the lowest band races, benchmark 58 grade, also receiving a $2000 boost.

Picnic racing also received a 50% increase to a minimum level of $3000.

Racing Victoria chief executive officer Giles Thompson said he didnโ€™t want the announcement to be seen as โ€œargy bargyโ€ with Racing NSW following their prize money increases last year.

He said the increase was possible with wagering growth at nine per cent for the financial year and a growing pool of more than 60,000 owners.

โ€œThe financial health of our industry is strong and provides the opportunity to make sustainable investments in prize money,โ€ Thompson said.

Racing Victoria will also follow national policy next season with equine welfare and jockey welfare benefitting with one per cent of prize money being allocated to each.

Leading trainer David Hayes said the announcement was welcome news for Victorian racehorse owners.

โ€œWeโ€™re very lucky to be training in Victoria,โ€ Hayes said.

โ€œI think itโ€™s the healthiest racing state in Australia.โ€

 
  • Deposit
    $600
  • Bet with
    $1200!
  • First bet matched with up to $600 in Racing Bonus Bets!*
  • Join now!
Claim up to $600 in Racing Bonus Bets!*
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
Featured News

Over $5,000 in Free Racing Bonus Bets

Just Horse Racing provides readers with a Free list of the best Bonus Bet offers available at every online bookmaker...

Golden Slipper winning stallion Sebring dies

Golden Slipper winning stallion Sebring has sadly passed away after suffering a heart attack on Saturday afternoon. Widden Stud announced...

All Star Mile contender embarrassing at Eagle Farm

An All Star Mile contender has reaffirmed the farce that is the voting system for a $5m race with the...

Blue Diamond Stakes results and replay – 2019

View the results and replay for the 2019 Blue Diamond Stakes. The Blue Diamond Stakes was raced at Caulfield racecourse...

Trainer Ben Currie allowed to resume training

Toowoomba trainer Ben Currie has been granted a stay of a suspension arising out of a show cause hearing earlier...

All Star Mile Field – 2019

We take a look at the Field for the 2019 All Star Mile at Flemington. The $5m All Star Mile...

 
 
 
Copyright © 2018 Just Horse Racing.
All rights reserved - Privacy Policy

Gamble Responsibly 18+
*State exclusions apply to some offers. Please check T&Cs of each offer with the bookmaker. All Offers Exclude NSW residents.