It accepts competitors from across the United States who partake in qualifier events.

The top competitors then proceed to the semifinals and eventually the “Contender Round” finals.

The group of 10 athletes who reached the final round in 2022 were eligible for their discipline's prize money of $100,000.

Organized and broadcast by the Rural Media Group's RFD-TV network, it features a range of standard rodeo events.

Source:[11] The 2018 Champions of the World's "Richest One Day Rodeo" took place in February 2018.