Australian Open Prize Money Hits Record High

Pay rises are in store for players at January’s Australian Open with organisers Thursday announcing a 3.4 percent boost in the total purse to a record Aus$76.5 million (US$51.6 million).

The winners of the men’s and women’s titles at the first Grand Slam of the year will both take home Aus$2.975 million with players beaten in earlier rounds faring better than ever. Anyone crashing out in round one will receive Aus$106,250, up 3.2 percent, while second-round players get a similar increase to Aus$158,850. This tournament is an amazing opportunity for live betting.

Tournament director Craig Tiley said the total prize pool for the Australian summer of tennis, which includes Grand Slam warm-up events like the United Cup, would exceed Aus$100 million for the first time.

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