How much does a jockey earn?

This ranges from 8.5 to nine per cent of winning prize-money over jumps, depending on the race. It is 6.9 per cent on the Flat. Under both codes they take home 3.5 per cent of placed prize-money. The only deduction is a ten per cent cut to their agent.

How much do jockeys get paid per race?

Prize Money

The percentages a jockey receives for a Thoroughbred race range from 5% for a second- or third-place finish to 10% for first place. In less competitive races, the jockey's earnings can be as low as 0.50% for a third-place finish, 1% for placing second and perhaps 6%-10% for first place.

Do jockeys make good money?

Their salary is based on the class level of the race they are competing in, how many races they compete in, and what place they take in the race. A jockey can earn anywhere from just $28 to $184,000 or more per race. To become a jockey takes skill, dedication, experience, and patience.

How much does a jockey get paid for Derby?

Taxes must be paid on the winnings, too, so that $186,000 cut can quickly dwindle down to $50,000 in take-home pay. The second- and third-place jockeys each get a 5% cut of $600,000 and $300,000, respectively, and will distribute the same percentage as the winner to their agent and valet.

How much does a jockey earn for winning the Grand National?

As well as their riders' fees, the winning jockeys will also get a percentage of the prize money. On average this is around 8% for a winning ride or 4% for a placed finish.

How much does a jockey make per race?

How much did the jockey of rich strike win?

Rich Strike, who covered the mile and a quarter in 2 minutes 2.61 seconds, rewarded his believers with a whopping $163.60 on a $2 bet to win.

Do jockeys keep all their earnings?

A simple rule of thumb is that jockeys get eight percent[2], but that's only true on average. According to the Jockeys' Guild, the winning jockey gets ten percent of the first place prize money, and the second and third place jockeys get five percent of the second and third place prize money.

Is there a weight limit for jockeys?

Most jockeys are shorter and have weight restrictions

So, ultimately the jockeys should not weigh more than 119 pounds, according to Bustle. While there is no height restriction, most jockeys tend to be around 4-foot-10 and 5-foot-6 due to the weight restriction.

Why do jockeys sit so high?

Jockeys "don't follow the movement of the horse but stay relatively stationary," says co-author Alan Wilson. By, in effect, floating above his mount, the jockey saves the energy the horse would otherwise expend to shove him back up after each bounce down into the saddle.

What is the career span of a jockey?

Much like in golf, the career of a professional jockey can stretch for three decades or, for a select few, even longer. Unlike golfers, however, jockeys must endure the incredible strain (and the life-threatening danger) of sitting on top of thousand-pound animals running in packs as fast as automobiles.

Do jockeys get a percentage of the purse?

Riders also get performance-related pay in the shape of a percentage of any prize-money their mounts earn. This ranges from 8.5 to nine per cent of winning prize-money over jumps, depending on the race.

How much does the jockey get for winning the Epsom Derby?

Jump Jockeys receive around 11.03% of the win prize and 3.44% of the place prize. The riding fee is negotiated annually between the PJA and the ROA. The current riding fees are: Flat – £157.90 and Jump – £214.63. A breakdown of income and expenses is available to Members in their Members Handbook.

How do jockeys make a living?

Rather than earn a salary, a jockey receives a “mounting fee” (often $50-$110) for each race, riding sometimes eight races per day. The real money for jockeys comes from prize money, if they can ride a horse to finish first, second or third in a race and earn part of the purse.

How much do jockeys make monthly?

For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 22%. After a federal tax rate of 22% has been taken out, Horse Jockeys could expect to have a take-home pay of $45,196/year, with each paycheck equaling approximately $1,883 ^*. * assuming bi-monthly pay period.

How do jockeys get hired?

Jockeys Have No Contracts

Jockeys, like Triple Crown winner Victor Espinoza above, are hired on a race-by-race basis. To select a jockey you must first speak with their agent. Yes, every single one of them has an agent! The jockey agent has one very simple, yet often times extremely difficult, job…

What is a female horse rider called?

horsewoman. a woman horseman. jockey. someone employed to ride horses in horse races. postilion, postillion.

What are jockeys not allowed to have?

The likely truth, say racing historians, is the sport's long history and traditionalist roots have created a culture where it is frowned upon for jockeys to sport beards or facial hair.

How do jockeys stay so small?

“Starvation is still a very common practice in that the jockey may not eat for 24 hours or more before a race, and combine this with a sauna or hot bath.” Among Irish jockeys, 14% use vomiting as a method for meeting weight requirements, Dr McGoldrick and his team found in a 2011 study into dieting habits.

Does a jockey have to stay on the horse to win?

Without a jockey on-board, a horse is considered disqualified and, as impressive as his or her run may be, it is not within the legal bounds to take home a trophy. One thing is for certain, though, and that is that those riderless racehorses tend to win the hearts of an eagerly watching public.

How many times can a jockey whip a horse?

The whip can be used a maximum of six times in a Flat race or seven times in a Jump race. Any more than this will prompt the stewards to review the ride.

Do you need your own horse to be a jockey?

Nope, not at all. Some jockey students have never ridden a horse before and that was no problem at all. Both the BRS and the NRC's pre-apprenticeship course offer between 9 to 14 weeks of training, depending of your level and experience. All you need is to be fit enough to ride a horse!

Why did Rich Strike bite other horses?

Why did Rich Strike try to bite the pony and its outrider? Aaron Mudd of the Lexington Herald-Leader spoke to Caton Bredar, an on-air host with horse racing television network TVG, about the biting incident involving Rich Strike. Her conclusion was that the horse was acting typical of an aggressive male horse.

Did Rich Strike bite a jockey?

In the moments after he crossed the finish line, as spectators in the stands erupted into a roar, video and images showed outriders on the track struggling to get Rich Strike under control as he repeatedly bit the lead pony and its rider Greg Blasi.