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2023 Cheltenham Gold Cup Prize Money - £625k up for grabs at the Cheltenham Festival

Last updated: 11 Mar 2023
Freetips staff 11 Mar 2023
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  • Official prize money for the 2023 Cheltenham Gold Cup
  • This Grade One will be run on Friday 17th March
  • A massive prize pot of £625,000 is attached to the Gold Cup
Cheltenham Gold Cup Prize Money
Jockey Rachael Blackmore kisses the trophy as she celebrates winning the Cheltenham Gold Cup Chase race. (Getty)

2023 Cheltenham Gold Cup Prize Money 

The 2023 Cheltenham Gold Cup will take place on Friday 17th March. The Gold Cup is the most prestigious race in all of National Hunt racing and headlines the fourth and final day of the Cheltenham Festival.

Only the very best staying chasers will be able to contend in the Cheltenham Gold Cup and the best on the day will claim the lion's share of the lucrative prize pot.

Cheltenham Gold Cup Prize Money

A total prize pot of £625,000 will be on offer in the 2023 Gold Cup. The winning horse will hand connections the first prize of over £350,000.

Here's what the top five placers in the 2023 Gold Cup will earn their connections...

Prize Money

2023 Cheltenham Gold Cup Jockey Prize Money 

In horse racing, the winning rider will win a percentage of the first prize money if they can guide their horse to victory. That percentage will have been agreed upon before the race started. 

Jump jockeys in the UK receive around 10% of the win prize money, and 4% of the place money. Some jockeys may get a higher or lower percentage, depending on the terms of their contract.

Cheltenham Gold Cup Race Information

The Cheltenham Gold Cup was first run at Cheltenham back in 1921. This Gold Cup is the fourth official Championship race to be staged during the famous Cheltenham Festival, following on from the Champion Hurdle, the Champion Chase and the Stayers' Hurdle.

The Gold Cup is a Grade One race run off level weights, although mares do get a seven-pound weight-for-sex allowance. The trip for the Gold Cup is 3m2f, or around 5700m.

2023 Gold Cup Betting Guide

Willie Mullins will saddle the 2023 Gold Cup favourite, as Galopin Des Champs looks to make up for a fall at the final flight at last year's Cheltenham Festival. That remains the only time that Galopin Des Champs hasn't won over fences and Mullins' charge was backed into 6/4 favouritism following his victory in the Irish Gold Cup.

Grand National hero Noble Yeats, dual Grade One winner Conflated, and last year's National Hunt Chase winner, Stattler will also represent Ireland in this year's Gold Cup. King George hero Bravemansgame, Cotswold Chase winner Ahoy Senor, and Betfair Chase king Protektorat will fly the flag for the UK in the main event at the Cheltenham Festival.

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