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The 2023 World Snooker Championship prize money stands at over £2 million as the 32 players in this year’s draw assemble at the famous Crucible Theatre in Sheffield. The draw for the blue riband event of the snooker calendar was made on April 13th on BBC Radio 5 Live.
Defending champion Ronnie O’Sullivan is one of the 32 players in the draw, and ‘The Rocket’ lines up as the top seed. One of the big stories surrounding this year’s World Snooker Championship is O’Sullivan’s bid to pass Stephen Hendry’s modern-era record of 7 titles.
While the prestige of the tournament is second to none, the money that is on offer is also very interesting to take a look at. How much will the World Snooker Championship prize money in 2023 be? Let’s find out.
Snooker World Championship Prize Money
There is a total of £2.3 million at the 2023 Snooker World Championship Prize Fund, and the winner will be taking the lion’s share of that, naturally. The top prize money goes to the champion who receives a massive £500,000 payday along with the famous trophy.
The money from the prize pot is distributed among all 32 players in the main draw. No one leaves empty-handed, but naturally, things work on a sliding scale up to the top where that cool half a million waits for the winner.
The total prize fund for the tournament does also count towards the qualifying rounds which were held earlier this month. Players who fell at the 1st Qualifying Round received a £5k prize, 2nd Qualifying Round losers £10k and those who fell in the final qualifying round, walked away with £15,000.
On May 1st, 2023 fans will find out who is crowned the World Snooker Champion. Will it be Ronnie O’Sullivan again, or maybe Judd Trump or Mark Selby? Readers can follow along with our daily snooker predictions throughout the tournament.
As mentioned, the winner of the 2023 World Snooker Championship at the end of the exhausting two weeks will get the grand prize of £500,000. That’s the same money as it was last year and has been for the tournament since 2019 when it was boosted up from £425,000.
Runner-up Payout and Semi-Finalists Reward
While the winner will walk away with the biggest share of the World Snooker Championship Prize Money, the runner-up of the event doesn’t do too badly. The losing finalist receives a payout of £200,000 from the prize pot. From there the players who had fallen shy of the Final, getting eliminated in the semi-finals both walked away with £100,000 each.
Further Breakdown of Snooker World Championship Prize Money
The total £2.3 prize money for the World Snooker Championship is an impressive number. What does the rest of the field do away with? Every single player from the first qualifying round onwards gets some financial reward.
The losing quarter-finalists get £50,000 each, for those who fall at the Last 16 stage a prize of £30,000 is issued, while First Round losers walk away from Sheffield with £20,000. The rest of the prize pot was shared out between the qualifiers.
- Winner: £500,000
- Runner-up: £200,000
- Semi-finalists: £100,000
- Quarter-finalists: £50,000
- Last 16: £30,000
- Last 32: £20,000
- Last 48: £15,000
- Last 80: £10,000
- Last 112: £5,000
There are further bonuses from 2023 Snooker World Championship Prize Fund that players at the 2023 World Snooker Championship can make a play. These give a little extra motivation for players at the table.
For example, there is a £40,000 prize for any player making a maximum 147 break during the main tournament.
Had any player made one in the qualifying rounds, a £10,000 prize would have been awarded, but no one did. Ryan Day did rattle the crossbar with a brilliant 146.
There is also a Highest Break prize fund of £15,000 for a player who records the highest break during the tournament, including the qualifiers. That’s not necessarily a 147. Of note, during the first qualifying round, Ng On-Yee made a break of 115, a record by a woman in the history of the tournament.
2023 World Snooker Championship
The 2023 World Snooker Championship Prize Money is a hot topic as it doesn’t go unnoticed, especially by qualifiers and debutants who dream of landing the massive prize.
The draw starts on April 15th and the Final will conclude on May 1st, 2023. Who will be holding that big prize-winning cheque and the trophy?
Where To Watch
Catch full coverage of the 2023 World Snooker Championship on the BBC. Uninterrupted coverage can be followed on the BBC iPlayer, which can be used on different platforms like a mobile phone, tablet and computer.
While the regular BBC broadcasting only shows select matches, all games are available on the iPlayer. Subscribers to Eurosport and Discovery+ can also watch streams of the tournament. BBC Two will wrap up the day’s play with some highlights in the evenings.
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