What are the Richest Horse Races in the World?

Horse racing offers some of the most historic events in the sporting calendar. Many of the top meetings in the UK and Australia have been run for hundreds of years and they continue to draw huge interest in the present day.

At the same time, the sport is the second biggest draw among the betting community. It may have been recently overtaken by football in that respect but horse racing remains an important part of any sports betting operation.

To meet with an ongoing demand for the sport, huge prize funds are put in place for the big events. In some cases, multi-million dollar purses are up for grabs and here are the richest competitions in horse racing history.

The Saudi Cup

All of the prize funds listed are subject to change but each of these races is up to date as of 2022. That’s the year that the purse for the Saudi Cup increased dramatically from $20 million USD in 2021 to a staggering $30.5 million the following year.

Like a lot of the richest events on the calendar, this is a relatively new meeting with the first edition having been held as recently as 2020. Run at the end of February at the King Abdulaziz track in Riyadh, this is an 1800-meter flat race for thoroughbred horses.

Such is the appeal of this race to potential entrants, the Saudi Cup has also become one of the most important events for the sports betting industry. There’s a great deal of interest among punters and a good place to review market options is on the SBO site at https://www.sbo.net/horse-racing/

All of the leading sports betting sites are affiliated here and the markets for the Saudi Cup will be published well in advance of the race. Visitors to the sbo.net site can then take some time to assess the runners while taking in news and opinion articles on the sport.

If they wish to take things further, readers are able to sign up with any of the sportsbooks that are referenced here. There are quick, simple and secure registration forms and the majority of bookmakers have generous welcome packages waiting on the other side.

Moving ahead, there will be a choice of deposit and withdrawal methods plus excellent customer service facilities to smooth the running of the account. Mobile betting via an app and a host of other sporting markets are also in place.

The Saudi Cup is an important time for the horse racing community but it’s just one of many top events on the schedules.

The Dubai World Cup

First held in 1996, the Dubai World Cup was the richest horse racing event for many years until it was usurped by the https://thesaudicup.com.sa/. This is another flat race for thoroughbreds and it is slightly longer at 2,000 meters of the Meydan Racecourse.

In 2022, the prize money was set at $16 million but we may expect that to rise as the Dubai World Cup looks to compete once again with its Saudi rival. The meeting takes place on the final Saturday in March and it’s another time when bettors and the wider horse racing community come together to witness a great sporting spectacle.

The Everest

Over in Australia, The Everest slots in as the third richest horse race in the world. First held in 2017, the most recent edition in 2021 provided a prize pot of $15 million.

The Everest is another flat race for thoroughbred horses but this is more of a sprint, with just 1,200 meters involved. The event takes place at the Randwick Racecourse in Sydney and is scheduled for the second Saturday in October.

Entry fees for the https://www.theeverest.com.au/ are high but the rewards are there for the owners who are able to commit to running in this prestigious event.

Outside of the top three, there are many other horse races around the world where significant prize money is on the table. Until The Everest came along, the Melbourne Cup was the richest event in Australia while the Breeders Cup Classic, the Prix de l’Arc de Triomphe and the Japan Cup are other highly prized races on the schedules.