A record $23.9 million prize fund has been organized for the Australian Open Tennis Championships. This is the greatest prize since the event started, 105 years ago. Both the men’s singles champion and the women’s singles champion will walk away with $2.2 million. The defeated finalists won’t need too many tissues, as they’ll each receive $1 million checks with which to wipe away their tears.
During January, the Australian Open is the most popular sporting event anywhere in the entire world. Moreover, it is the most prevalent yearly event throughout the southern hemisphere. To prepare for this event, Melbourne Park in Victoria is being redeveloped at a cost of $348 million. This is expected to benefit not only the Open, but the complete sport of tennis.
In the first part of 2011, Rafael Nadal will have a rare opportunity to win all four grand-slam titles with a year’s period, a feat previously achieved only by Rod Laver and Don Budge. He will be up against Roger Federer, the previous number one. Meanwhile, Serena Williams will be out to reclaim the woman’s title. Top online sport betting sites are already beginning to lay odds and collect wagers for this big tennis event.