Prize money levels in Victoria greyhound racing is at an all-time high.
Minimum prize money for a standard metropolitan race is $5,000 (1st), $1,430 (2nd) & $720 (3rd), while standard provincial prize money is a minimum $1,325 (1st), $375 (2nd) & $190 (3rd).
Total prize money in the state has risen to $40 Million. Victoria boasts the richest greyhound race in the world, the $500,000 Group 1 Melbourne Cup at Sandown Park which is comprised of $350,000 (1st), $100,000 (2nd) & $50,000 (3rd).
It is becoming increasingly common for elite greyhounds to win in excess of $500,000 in prize money during their career.