No matter how big or small a horse racing event it maybe, all have a purse. The purse is the amount of money given to the owners of the horse at the end of each race and the amount paid out is related to the horses finish. The purse encourages the owners of the horses to perform and create intense competition at the highest levels.
The winning horse is given 60% of the total purse, the second taking 20% and the third winner is paid 10% of the total purse whilst the remaining purse is shared evenly amongst the remaining horses. The purse varies from one race to another. For example, In America, a typical race will have a purse of at least $10,000 whilst some of the top races for the day may have a purse of $30,000 or more.
The purse can be over a million dollars when it comes to the prestigious international horse racing events. For Grade I races, the purses tend to be very high due to the fact the race will comprise of only the best horses in the world.
The Grade II and Grade III horses are not as outstanding as the Grade I horses but they surely have some great purses.
As a professional punter, if you are seeking for ways to get a favorable return on your investment, you need to focus on a race that offers the highest purse due to the fact that the payouts will be incredibly higher especially when favorites fail. It’s all about betting where the money is and you should keep track of these major events so has to maximize your profits. Placing bets at major events tend to be a lot easier than compared to any other event because information and stats of each horse is readily available with ease. If you are a punter who is good at playing combined bets and grouped bets, selecting good runners would be a lot easier.
In this article, we have listed the top major international horse racing events that have the highest purses.
Dubai World Cup - $10 million Purse
The Dubai World Cup is the highest international horseracing event that has the highest purse marking the world’s richest horse racing event due to its purse size. The event is held at the Meydan Racecourse in Dubai and when all races of the Dubai World Cup Night event are combined they project a total purse of $27.25 million.
Melbourne Cup – $5.65 Million Purse
Melbourne Cup is the second richest international horse racing event that is held at the Flemington Racecourse in Melbourne, Australia. The event is also known as the Race That Stops a Nation running over a two-mile track and held every November. Not only is it the top racing event in Australia but also marks as the top races in the world.
Prix de l’Arc de Triomphe - $5.4 Million Purse
Prix de l’Arc de Triomphe is also one of the richest international horse racing events that runs over a 1 1/2-mile track at the Longchamp Racecourse in Paris. The race was inaugurated in 1920 and its purse doubled from $2 million up to $4 million to $5.4 million due to its recent sponsors - Qatar Racing and Equestrian Club.
Breeders Cup Classic – $5 Million Purse
This is the top race of the Breeders Cup series with five of the fourteen slots in this race guaranteed to the winners of specific races like the Awesome Again Stakes, Jockey Club Gold Cup and Pacific Classic.
Dubai Duty Free Stakes – $5 Million Purse
This is yet another attractive event after the Dubai World Cup held at the Dubai World Cup night event with a purse of $5 million. The event is sponsored by a renowned Dubai retail company, Dubai Duty Free that offers duty free shops throughout a number of airports in the Middle East.
Breeders Cup Turf, Breeders Cup Distaff, and Breeders Cup Sprint
Breeders Cup Turf and the Breeders Cup Distaff are events held annually at the Breeders Cup series with a purse over $2 million. These events are an appetizer of the main event, the Breeders Cup Classic. Breeders Cup Distaff is a prominent race among female horses. The Breeders Cup Distaff was formerly known as the Breeders Cup Ladies Classic. The Breeders Cup Sprint is a short race with horses running less than a mile. The event occurs during the Breeders Cup World Championships in North America every year.
Kentucky Derby – $2 Million Purse
Kentucky Derby also known as Run for the Roses is an annual event held in Louisville, Kentucky’s Churchill Downs. It is the first leg of the U.S Triple Crown Series with a purse of $2 million following Preakness Stakes and Belmont Stakes each with a purse of $1 million completing the Triple Crown Series.
Will California Crown win the Triple Crown Series?
Belmont Stakes is the event that will prove the Champ of the Triple Crown Series and all punters are eying on California Crown to claim the title. The professional punters clearly know that it’s going to be a difficult task for California Crown but if it wins the Belmont Stakes it will surely make history.
California Crown did an impressive run claiming the Kentucky Derby and the Preakness Stakes and has been slated to race in the 2014 Belmont stakes. Statistics have shown that many horses have won the Kentucky Derby and Preakness Stakes but failed to win the Belmont Stakes. This information should be taken into considerations but punters should not give the benefit of a doubt. The last five favorites to win the Triple Crown have been defeated but the chances are great for California to be crowned the champ. I guess 2014 will be a year for Victor Espinoza to make history in Belmont Stakes on the 7th of June 2014.
If California Crown is victorious in the Belmont Stakes, he will become the first Triple Crown Winner since Affirmed accomplished the feat in 1978. In the Preakness Stakes, California Crown with Jockey, Victor Espinoza came out to win the race from its 3rd position and this proved that the horse can handle any situation due to the fact that it made an early push and held on and this was quite extra ordinary.
The Belmont Stakes race is the longest leg race of the Triple Crown Series and this race will prove if Crown has great endurance to hold on till the last minute of the race. The Preakness Stakes has shown us some interesting results of the three year old colt and if the horse responds with the same results, it will surely win the Triple Crown Series.
According to statistics and history of the Triple Crown, California Crown is surely a favorite horse to bet on but for the horse claiming the championship title tends to be very difficult and at the same time possible. It’s a 50-50 chance and given that the horse makes a good start, it will surely win the race.
The contenders and odds of the Belmont Stakes are as follows;
California Chrome 10/13
Candy Boy 12/1
Commanding Curve 8/1
Intense Holiday 12/1
Ride On Curlin 10/1
Social Inclusion 8/1
Wicked Strong 12/1
Belmont Stakes is the final and longest leg of the United States Triple Crown. It is a Grade 1 stakes Throughbed horse race that inaugurated in 1867. The event is held every June at Belmont Park in Elmont, New York.
Belmont Stakes is also nicknamed the Test Of The Champion and it is ran over a dirt track covering a distance of 12 furlongs (1 ½ miles) marking it the third final leg of the Triple Crown after the Kentucky Derby and the Preakness Stakes.
2014 marks the 146th running of the Belmont Stakes and will be held on the 7th of June. Firstly, the event was held at Jerome Park Racetrack in The Bronx, and later moved to Morris Park Racecourse until 1905 and finally moved to Belmont Park and has remained there till to date.
The Beginning of Triple Crown Series
The Belmont Stakes is held on the first Saturday in June whilst the Kentucky Derby is always held on the first Saturday in May and the Preakness Stakes follows two weeks later after the Kentucky Derby. Previously, the Preakness Stakes was always held before the Derby and in 1922, both the Preakness and Derby were held on the same day. The Belmont Stakes was held before the Preakness Stakes on eleven occasions.
In 1919, Sir Barton was the first winner of the Triple Crown Series and in 1973, Secretariat made a record of the fastest speed for Belmont Stakes with a record time of 2:24 and won the U.S Triple Crown Champion that year. Secretariat’s record still stands undefeated till to date.
There has been a great change in the distance of Belmont Stakes. In 1867 to 1873, it started off with a run of a mile and five furlongs, in 1890 to 1905 it changed to a mile and a furlong, in 1893 to 1894 it was a mile and three furlongs and the current distance of mile and half was established in 1926.
In 1960 to 1985, CBS was the first to broadcast the event and ABC Sports took over from 1986 to 2000. NBC Sports broadcasted the event from 2001 to 2005 and ESPN on ABC took over from 2006 to 2010 at which NBC Sports attained broadcasting rights to broadcast the event again from 2011 to 2015.
The 2014, Saturday, June 7 Belmont Stakes will have a purse of $1,000,000 with the winner taking 62% of the purse and the second runner taking 20% of the purse.
Winner $620,000 (62%)
Second $200,000 (20%)
Third $100,000 (10%)
Forth $50,000 (5%)
Fifth $30,000 (3%)
The TV schedule of the Belmont Stakes will kick-off from 5.00pm to 7.00pm (ET) on NBC.
The next biggest event from the Belmont Stakes is the 2014 World Cup so make sure to sign up for winning handicapping picks for the soccer games as well.