He rode almost 1,000 horses in 2021, earning almost 93,000 before expenses and tax. How Much Do Vets Make? These offers do not represent all available deposit, investment, loan or credit products. A jockey is a professional horse rider who competes in horse races. Winning jockeys get a golden nugget when they grab a first place at a Triple Crown race. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Get in touch with us for career information. "You just bite your tongue in case you need them for that last mile. The middle 57% of Horse Jockeys makes between $48,882 and $123,036, with the top 86% making $271,427. U.S. Thats a huge payday in a sport where an average years earning can be $30,000-$40,000, according to Career Trend. Welcomes global players. able to pronounce English and te reo Mori words correctly and clearly. Most jockeys earn a salary between $30,000 and $40,000 per year, but there are exceptions. The rest of the finishers leave He started nearly 35,000 races, winning 6,530. For instance, the highest-paid jockey earned $2.1 million in 2008. Such schools are great to introduce you to the world of sport races. At most racing circuits this averages about $50. Paid Sleep Studies: How Much Can You Make? Country House, ridden by jockey Flavien Prat (in yellow), won the 2019 Kentucky Derby. The bread and butter of jockeys' earnings are riding fees and these are set at 174.63 per ride over jumps and 127.90 on the Flat and that fee applies to whoever you book. With the variations in prize earnings, though, these numbers are not always consistent. The amount jockeys earn is typically dependent on their reputation and performance. In the Kentucky Derby, second and third-place take home 5% of their horses earnings, $600,000 and $300,000, respectively. Some jockeys may race up to eight or nine races in a single day. The jockey then receives 10%, or $3,000 of the winners purse. However, you may visit "Cookie Settings" to provide a controlled consent. The average jockey in the United States earns about $40,000 per year. Jockey A is a top ten Flat rider with a prominent job in Newmarket. For a more straightforward calculation, lets take the example that the purse for the winner is 10%. Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. We have got a review planned, coming up later this year.''. Most jockeys earn modest prize money with a smaller percentage. Being a jockey is a pretty demanding job that requires dedication, passion, and some physical attributes. Journalists research and produce stories for websites, print, radio, television and other forms of media for social and commercial purposes. One more thing that directly affects jockeys annual earnings is a percentile. Their own finances acquired depends on the number of winnings and rides A jockey is literally risking their life and limb for less than what it costs to fill up many vehicles with gas. The owner of the winning horse receives 60% of this purse for a total of $30,000. However, English, languages, media studies, music, dance and drama, te reo Mori, and digital technologies are useful. As I have already mentioned, a jockeys income is not the fee he takes to ride the horse in the race. Pediatrician 1 job openings. Great knowledge of horse grooming, shoeing, anatomy is essential too. The entry-level salary of a horse jockey begins at approximately $10,049 and builds up from there. You are not permitted to download, save or email this image. There was an unknown error. Check out:Meet the middle-aged millennial: Homeowner, debt-burdened and turning 40, Don't miss: 2021 NFL Draft: How much Trevor Lawrence and other top picks are likely to earn on their rookie contracts, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Ten per cent goes to the jockey's agent and three per cent to the Professional Jockeys Association (the riders' union). Riding race horses for a living is one of the worlds most dangerous occupations. The runners-up get a smaller portion of the winnings. The second-place and third-place jockeys get 5 percent of those prizes $60,000 and $30,000 respectively while the other 17 jockeys get a couple hundred dollars apiece, as jockey agent Ron Anderson revealed to CNBC. Some jockeys who are just starting out make $28 per race. The purse for the Kentucky Derby is currently at $3 million. 2% is for the second place. For third, the number is usually 10%. ", "How Much Do Jockeys Make? Unlike most athletes jockeys are almost all self-employed (although a few top riders have contracts to ride for individual trainers or owners) which means that rather than being paid a fixed salary, they charge for each job they take. All jockeys competing in a race will also receive a mount fee. However, there are no height limits for horse jockeys. Racing's most expensive flops, including a $10m buy who was 'no bloody good'. In 2020, the highest-earning U.S. jockey was Irad Ortiz, Jr., who rode more than 1,260 mounts, with 300 wins, for earnings of just over $21 million. Ten percent of that goes to the trainer and 10% to the Jockey. In 2015, beginning jockeys earned $28 per raceon the low end and as much as $124,000 for the top prize in a premier race. In terms of how they get paid, NASCAR drivers are different from athletes in team sports. For instance, a jockey that competes in races needs to have a license for horse racing and cant bet on races they compete at. That puts their gross annual income at 27,800. Some agents charge as much as 25%. Online Sports Betting Goes Live in Louisiana, Top Gifts for Horse Racing Fans & Bettors, Ultimate tips for online horse race betting, only a few jockeys earn millions each year, French Jockey Savaged By Rival Horse During Race, Justify And Bob Baffert Claim The Triple Crown, 8 Best Horse Racing Tips For Ez Horse Betting, Minimum yearly jockey salary based on 1,000 races with no wins: $50,000. Horse jockey is a great profession to earn money on horse riding. The only deduction is a ten per cent cut to their agent. Pay for radio presenters varies depending on experience, audience size and the type of radio station. "Owners are paying more and more especially at this time of the year and the blooming jockeys are wanting more and more," another said. These cookies track visitors across websites and collect information to provide customized ads. A winning jockey takes 10% of the horses purse at the Kentucky Derby, so $186,000 for this years Derby winner, Sonny Leon. Most jockeys do their job passionately because they love horses and the adrenaline rush during the race. That makes this business very risky, with lots of money in the game. On average, horse jockeys in America make $52,737 a year. ``They're doing pretty good go and look at the jockeys' car park and look at everyone else's car park at the races. The training and practical skills I learned are the reason I got an internship and that resulted in a job working as an announcer. Ara Institute of Canterbury website, accessed March 2021, (www.ara.ac.nz). Jockeys get money from winning races. Their own finances acquired depends on the number of winnings and rides taken. How much does a horse jockey get paid? PLEASE NOTE: Job profile content may reflect pre-COVID-19 conditions. Entry-level positions start at $38,513 per year, while most experienced workers make up to $47,600 per year. The fourth-place jockey in return earns $7,000 and the fifth-place rider earns $4,200. An in the money finish is one that earns the jockey additional pay. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Contrast this with other professional sports where even the least-talented athletes make hundreds of thousands: The disparity between jockey salaries and the salaries for other athletes is incredible. Twenty horses and their jockeys including betting favorites Essential Quality, Known Agenda and Rock Your World will be competing not only for glory, but also for a large cash prize. As for the long answer? We cant imagine professional and competitive horse racing without professional jockeys, but most are not high earners. This post may contain affiliate links. The earnings a jockey receives for second and third place finishes is also 10% of the purse money won by an owner. A war of words is being battled out in the Australian media, fuelled by comments from leading trainers Victorian trainers that the jockeys do not deserve a pay increase. Rachael Blackmore wins Grade 1s for fun. Coming in second in all-time earnings is Javier Castellano, with $360,048,076 to his name. Andrew Powell. Not many organizations hire jockeys, so they are usually self-employed. Category A Licence allows you to compete against other amateur riders. Consider that athletes in the other sports mentioned are statistically less likely to suffer a life-threatening injury than jockeys. The first-place finisher will receive $1.86 million, more than 60% of the total. In some states, you have to put in some time working at the stables. Fourth and fifth place horses earn $100,000 and $60,000 each, leaving their jockeys with pre-tax checks of $7,000 and $4,200 respectively. These cookies ensure basic functionalities and security features of the website, anonymously. Let's take four example jockeys, whose real identities and precise statistics we will mask just in case the aforementioned taxman is taking an unhealthy interest in this article. The winning jockey earns a whopping $186,000. Riders can also earn money via sponsorship. Recognising that riding fees have not been increased since August 2018, and taking into account 2019 Pay for jockeys varies and is based upon the experience and track record of success. "I get paid $50 a day as a trainer for doing everything," a third owner/trainer spat venomously before claiming they didn't particularly care less if the jockeys don't turn up on a race day because if they didn't then it would be the problem of the industry's parent body, the New Zealand Thoroughbred Racing (NZTR). High-profile jockey Michelle Payne slammed those comments on Twitter. Jockeys have their own equipment to perform in a race. He banked over 48,000 in riding fees and around 25,000 in prize-money. You can quickly calculate that he cant earn more than $600 in this race. The winning jockey in a race is entitled to ten percent of the owners share of the purse. This token sum is referred to as a jock mount, and it is one of the lowest wages paid to a professional athlete. Bottom line: 29,900 before tax and expenses. So, if a jockey makes $50,000 per year, the agent will make $5,000. However, most professional horse riders are highly educated people. The majority of riders make much less. More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. Most jockeys have a winning percentage under 20%, meaning that they are earning well under the winners share most of the time. The best one is Yutaka Take from Japan, who won 4,200 races and earned approximately $796,000,000 during his career. Even though that purse belongs to the horses owner, jockeys always take a piece of it. Of course, there is no rule prohibiting a jockey from being paid to make an advertisement for a product like a sports drink or a car, but no marketing companies hire jockeys for this. His share of over 1.6 million in prize-money was almost 84,000. This cookie is set by GDPR Cookie Consent plugin. A person must be at least 18 years old to apply. There are no specific requirements to become a radio presenter as you gain skills on the job. Sorrel Vs. Many jockeys work as independent contractors. The real thing he competes for is a so-called big purse. ``Came from a man who's never been hungry or dehydrated in his life. That leaves them with pre-tax winnings of $21,000 and $10,500. Most horse-racing riders earn from $30,000 to $40,000 per year, but there are many exceptions. Two years ago the jockeys agreed to a waiver in sympathy with the industry which found itself in the grips of a tough economic climate. Kentucky Derby requires a jockey to weigh up to 126 pounds including their equipment. In such a case, the winning horse will get only $6,000, and a jockeys part will be 6% to 10%. The reason is that a jockey is typically less recognized than an athlete in other major sports. Wide receiver Davante Adams proved in 2022 that he was meant to play in the bright lights of Las Vegas. 1 Enter city & years of experience 2 Add pay factors like skills & education 3 Find your market worth with a report tailored to you Horse Racing Jobs by Salary 1 2 Currency: NZD Updated: From their riding fee a host of deductions must be made. The owner of the winning horse receives 60% of this purse for a total of $30,000. 20 Free Rein Quiz Questions Fans Will Love, 7 Interesting Facts You Didnt Know About Free Rein. 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