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Srpska Open Banja Luka Prize Money | 2023 Breakdown & Historicals

Srpska Open, Banja Luka Prize Money

2023 Breakdown & Historicals

By Jon Crim
Image Credit: Srpska Open

The Srpska Open in Banja Luka, Bosnia and Herzegovina, is a new and likely temporary ATP 250 series tournament, replacing Belgrade’s previously scheduled Serbian Open.

The move comes as the organizers of the Serbian Open, Novak Djokovic’s family, move to make the necessary changes required to apply for an ATP 500 series license, an upgrade from its previous 250 status.

The National Tennis Center of the Republic of Srpska in the Mladen Stojanović Park will host this year’s tournament, which is also the location of a yearly ATP Challenger tournament.

For 2023, the Srpska Open’s total prize money amounts to €562,815, which equates to $615,052 and £496,957 at the time of writing.

The tournament’s champion in singles will receive a check for €85,605, which equates to 15% of the total purse. On the other hand, the runner-up will pocket €49,940, 42% less than the winner and 9% of the total.

In doubles, the team crowned champs this year will share €29,740, while the losing pair will split €15,910, 47% less than the winners.

The data in the following sections provide a complete breakdown of prize money at the Srpska Open for quick comparison. You’ll also find currency conversions from euros to US dollars and sterling pounds.

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2023 Full Breakdown

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Prize Money by Year

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FAQs

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2023 Full Breakdown

The Srpska Open consists of two events, singles and doubles. Between the two, roughly 80% of prize money funds singles, while the remaining 20% goes to the doubles event, as is typical with ATP tournaments.

Beyond disciple, prize money breaks down further by how far a player progresses through the tournament. The better a player’s result, the more they get paid. For example, the winner in singles will earn nearly five times as much as a player who loses in the quarterfinals.

The following tables outline Srpska Open’s prize money by round for singles and doubles. Since the tournament is in its first edition, there isn’t any historical data for reference. However, I’ll detail those figures for subsequent years if the event continues.

Conversion of prize money to US dollar and sterling pound uses the prior year’s exchange rate on the day of the final.

Singles – Euro

Euro 2023
Winner €85,605
Runner-up €49,940
Semifinal €29,355
Quarterfinal €17,010
Round 2 €9,880
Round 1 €6,035
Qualies Round 2 €3,020
Qualies Round 1 €1,645

Singles – US Dollar

US Dollar 2023
Winner $94,315
Runner-up $55,021
Semifinal $32,342
Quarterfinal $18,741
Round 2 $10,885
Round 1 $6,649
Qualies Round 2 $3,327
Qualies Round 1 $1,812

Singles – British Sterling Pound

Sterling Pound 2023
Winner £75,363
Runner-up £43,965
Semifinal £25,843
Quarterfinal £14,975
Round 2 £8,698
Round 1 £5,313
Qualies Round 2 £2,659
Qualies Round 1 £1,448

Doubles (Per Pair)

2023 Euro US Dollar Sterling Pound
Winner €29,740 $32,772 £26,181
Runner-up €15,910 $17,532 £14,006
Semifinal €9,330 $10,281 £8,213
Quarterfinal €5,220 $5,752 £4,595
Round 1 €3,070 $3,383 £2,703

Prize Money by Year

There aren’t historical figures for the Srpska Open, but I’ll keep tabs on total prize money if future editions occur in the country.

More generally, a tournament’s success influences prize money, with revenue generators, including ticket sales, sponsorships, merchandise, and concessions, all playing a role in available funds for future years.

Since the Srpska Open replaced the Serbian Open for 2023, I’ve included prize money in Belgrade from last year.

Year Total Prize Money % Change
2023 €562,815 5%
2022 €534,555* –

*Serbia Open prize money from last year.

Please note that all data is in euros.

FAQs

Here are a few frequently asked questions from fans and attendees about the Srpska Open’s prize money.

How much does the winner earn at the Srpska Open?

For 2023, the winner at the Srpska Open will take home $93,090, which translates to €95,993 and £83,915.

How much does the runner-up earn at the Srpska Open?

For 2023, the runner-up at the Srpska Open will take home $54,300, translating to €55,993 and £48,948.

Is the Srpska Open’s prize money taxed?

Yes. Bosnia’s government taxes all player earnings at the Srpska Open, reaching as high as 10%.

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