Shanghai Masters 2024: Prize Money For Major ATP Tennis Draw

min read
Andrey Rublev of Russia reacts during the men's singles semifinal match against Grigor Dimitrov of Bulgaria in the Shanghai Masters tennis tournament at Qizhong Forest Sports City Tennis Center in Shanghai, China, Saturday, Oct. 14, 2023.
(AP Photo/Andy Wong)
Chase Kiddy @chaseakiddy Oct 01, 2024, 5:31 PM
  • Shanghai Masters is the biggest tournament in the ATPโ€™s late-season Asian swing.
  • The total prize purse for the 2024 Shanghai Masters is more than $8 million.

The Rolex Shanghai Masters is one of the last major tennis events of the year for players on the ATP menโ€™s tennis tour. It includes a 96-player singles draw with a prize purse north of $8 million.

Yes, the four grand slam tournaments have now concluded for the year, following last monthโ€™s conclusion at the U.S. Open. (Big shoutout to you if you had Jannik Sinner in BetMGMโ€™s U.S. Open tennis odds market.)

However, the menโ€™s tennis calendar also features nine ATP Masters 1000 tournaments. These are prestigious, high-profile contests with major prize money.ย 

Shanghai is the eighth of nine annual Masters draws. Itโ€™s a popular, well-run tournament that draws many high-level players back to the tour after a break following the U.S. Open.ย 

That means this week is a popular time to dive back into tennis lines โ€“ assuming youโ€™re into online sports betting, anyway.ย 

For the menโ€™s tour, Shanghai is generally considered the biggest tournament of the late-season Asian swing โ€“ a short burst of tournaments after Flushing Meadows that are hosted by prominent cities in China, Japan, and South Korea.ย 

While some players prefer a warm-up the previous week at the Japan Open or China Open, several dozen will exclusively play the larger tournaments like Shanghai in the final weeks of the ATP season.ย 

The prize money for the 2024 Shanghai Masters is a whopping $8,995,555. That includes a whopping $1.1 million for the singles champion.ย 

Shanghai Masters Prize Money 2024

Round ReachedPrize Money (USD)
Winner$1.1 Million
Runner-Up$585,000
Semifinal$325,000
Quarterfinal$185,000
Round 4$101,000
Round 3$59,100
Round 2$34,500
Round 1, Main Draw$23,250
Q2$13,500
Q1$7,000

Tennis Betting at BetMGM

At the online sportsbook, tennis odds are available for thousands of matches each year.

Whether you want to bet on Rafael Nadal in the French Open, Iga Swiatek at the U.S. Open, or any other player, there’s no shortage of tennis betting opportunities.

Sign in to your account today โ€” or, if you don’t have an account, sign up today with a sportsbook welcome bonus โ€” to start betting. And donโ€™t forget to check updated sportsbook bonuses and promos each day of the year.

jamie-foxx-latest-promo-9-24
About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.