Watch Live Racing FREE!
Sign-up now and Watch every Race Live and Free on your Phone!
Best Odds with Top Tote+ and Bet Back Offers!
Register at Australia's #1 Online Bookmaker!
Price Boosts, Racing Backups, Fluc Up!
Sign-Up to Australia's Fastest Growing Online Bookmaker!
Odds Boosts, Racing Offers, Massive MULTIS!
Sign-up and start betting with Ladbrokes in 2 minutes!
Best Of The Best Odds!
Bet With Palmerbet and get Paid Top Fluc or Top Tote!!
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
Image: Bruno Cannatelli
Connections of horses racing in Victoria will be the beneficiaries of an additional $40 million in prize money

Connections of horses racing in Victoria will be the beneficiaries of an additional $40 million in prize money due to be rolled out in the new year.

The extra money follows a commitment from the recently returned Victorian Labor government to support the racing industry to the tune of $33 million.

Racing Victoria has committed to boosting the package beyond $40 million over the next two years.

Prize money increases will be across the board, ranging from standard country TAB meetings receiving a $2000 increase all the way to Listed and Group Three races having their minimums boosted.

With the latest increases and the introduction of the All-Star Mile, there will be $255 million in prize money on offer, an increase of $82 million, or a 47 per cent rise since 2015.

VICTORIAN STAKES INCREASES

Country TAB – Standard $22,000 (up from $20,000)

Country TAB – Premium $35,000 (up from between $25,000 & $30,000)

Country TAB – Night $35,000 (up from between $20,000 & $30,000)

Metropolitan – Midweek $50,000 (up from between $30,000 & $40,000)

Metropolitan – Public Holiday $60,000 (up from $40,000)

Metropolitan – Saturday Standard $125,000 (up from $100,000)

Metropolitan – Saturday Three-Year-Old Races and Staying Races (2000m+) $135,000 (up from $120,000)

Metropolitan – Saturday Pathway Races $75,000 (up from $60,000)

Listed Races $140,000 (up from $120,000)

Group Three Races $160,000 (up from $150,000)

 
Tags:
Featured News

Free List of the Best Racing Bets and Bonus Offers

We take a look at the BIGGEST and BEST Free Daily Racing Offers and Betting Promotions from Australia’s leading online...

Another former Star WA sprinter in The Everest

Owner Bob Peters is set to have two runners in the $14 million The Everest with Enticing Star announced as...

Tahlia Hope set for extended stay in hospital

Apprentice Tahlia Hope could remain in hospital for up to three weeks as she recovers from viral meningitis. Hope was...

Godolphin secure slot in The Everest

Global racing operation Godolphin has won the tender for the vacant slot in the $14 million Everest forfeited by Damion...

Schillaci Stakes winner to gain entry into The Everest

The turf wars between Victoria and NSW appear to be softening with the winner of the Schillaci Stakes at Caulfield...

Trainer Ben Currie has ban reduced

Toowoomba trainer Ben Currie has had his disqualification on racing convictions further reduced while his criminal fraud charges have been...

Veteran trainer remains in critical condition

Veteran trainer Bruce Purcell remains in a critical condition, three days after being airlifted to a Melbourne hospital with serious...

Queensland trainer fined for assaulting stewards

Veteran Queensland trainer Ron Maund has been fined $2000 with no conviction recorded on charges of assaulting two Racing Integrity...

Australian Bookmaker Reviews

Which bookmaker should you bet with? We Review each of the leading online Australian Bookmakers and rate them in order...

 
 
Copyright © 2019 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.