We're closed on all public holidays, including Wellington Anniversary. Click here to visit BUSR.ag Today! Jockeys have their own equipment to perform in a race. -. For a more straightforward calculation, lets take the example that the purse for the winner is 10%. The average Flat jockey, meanwhile, has 290 rides a year. The short answer is this: not a huge amount. There is no height limit, but you will notice that most of them are 56 to 66 inches (1.4 1.68 m). He rode under 240 horses last season, translating to almost 31,000 in riding fees supplemented by over 14,000 in prize-money. A young jockey needs to accomplish more than 20 competitions with barriers to get permission for horse racing. Some states like California have recently begun to make exceptions to this rule. 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. You have to choose a riding horse saddle, saddle pad, helmet, breeches, and more. Currently, there are only around 1,500 jockeys working in America and Canada. Buying or selling a home is one of the biggest financial transactions that many people make in their entire lives. The first and largest of these is the pay a jockey must give their agent. The winning jockey in a race is entitled to ten percent of the owners share of the purse. Bottom line: 176,700 before tax and expenses. As younger generations embrace different ways to tell stories, there will be opportunities for jobs. Essential things for one jockey are stamina, the ability to work in a team, and excellent hand-eye coordination. Or a Conditional Jockey who rides over jumps. At the top end, riders can earn hundreds of thousands of pounds per year. If you compete in top-notch races like the Kentucky Derby or the Belmont Stakes, you can win thousands of dollars per one race. According to the Census, 441 radio presenters worked in New Zealand in 2018. Since the jockeys part is 10%, he will get only $6,000 for that winning. You can learn more about GOBankingRates processes and standards in our editorial policy. 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. In 2020, the average earnings of the top 100 jockeys in the United States was around $3.5 million, BloodHorse reported. Those costs shave the winning jocket's payday down by $55,800 to $130,200. Valets, who work hard behind the scenes in the weighing room, are paid on a sliding scale, Sam Twiston-Davies: rider's mounts won 1,767,339 in 2021-22 (105 winners from 731 rides), Premier League footballers such as Mohamed Salah are among the top earners in sport, Don't get us wrong, most riders aren't struggling but neither are they rich, Centurycomm Limited is licensed and regulated in Great Britain by the Gambling Commission under account number 26983. is a top ten Flat rider with a prominent job in Newmarket. Another said when trainers walked into a carpark at a racecourse the vehicles they drove spoke volumes when juxtaposed with those of the riders. All Rights Reserved. Purses for a claiming race can often be $10,000 or less. Not bad for a single race. Ara Institute of Canterbury website, accessed March 2021, (www.ara.ac.nz). The amount jockeys earn is typically dependent on their reputation and performance. Some horse racing jockeys can earn a fortune, but no one even knows about them outside their homelands. New Zealand Jockeys' Association president Dave Taylor said his organisation's agreement with New Zealand Thoroughbred Racing would expire in 12 months. The top jockeys always have a percentile above 45%. Read More Such races are obligatory to get a racing license. The NZTR offered them $3 and they wanted $5 in January and then another $5 in August and then they came back with $4 and they are now not budging," a trainer/owner said. There's also tax to consider, which means paying accountants or long hours poring over tax returns. How much does a jockey earn per race? Racing's most expensive flops, including a $10m buy who was 'no bloody good'. In 2015, beginning jockeys earned $28 per race on the low end and as much as $124,000 for the top prize in a premier race. Flat jockeys earn less than those in NH. After completing either school or an apprenticeship and having the proper experience, a person can get their jockeys license. His share of over 1.6 million in prize-money was almost 84,000. The second ODI between the White Ferns and Bangladesh has been rained out in Napier. Conditionals (jumps) get 100 per cent of fees and prize-money throughout their claim. Radio presenters with up to five years' experience usually earn. Studying isnt necessary to get into radio, but I strongly recommend it. Rather than earn a salary, a jockey receives a mounting fee often $50-$110 for each race, riding sometimes eight races per day. Pay for radio presenters varies depending on experience, audience size and the type of radio station. Most jockeys earn modest prize money with a smaller percentage. Horse jockey is a great profession to earn money on horse riding. Their valet, who handles equipment, gets ten per cent of the first riding fee each day, then 7.5 per cent of the second and five per cent of the third. As you can imagine, jockeys are trying their best to get a horse to finish in the money when they race. And yes, at the very highest level there is an excellent living to be made for a select few, but even then it is not extraordinary in the greater sporting landscape. Some jockeys may race up to eight or nine races in a single day. For second and third-place finishes, jockeys generally earn 5-10% of the owners winnings. Find out how much Prime costs and if it's right for you. While Category B Licence is for professional horse jockeys. The average height and weight of a horse jockey is very important, as these athletes must be nimble and also strong. Sorrel Vs. The best jockeys make more money by riding more rather than charging more. The majority of riders make much less. Horse jockeys earn around $30,000 to $40,000 yearly. But they won't take home the full $186,000 themselves. The jockey agent is responsible for finding the horses that a jockey will ride in a race. Next on the list of expenses is the jockeys valet. For example, in 2004, the top 100 jockeys earned an average of $5.7 million. is an experienced freelance Flat jockey whose biggest win to date is a Listed success. On smaller circuits, though, a $50,000 purse is uncommon. While some jockeys barely get enough money for a living, some highly successful horse riders can earn a fortune during their careers. Youll need to work at the stable and race track to maintain horses. Most jockeys do their job passionately because they love horses and the adrenaline rush during the race. Don't get us wrong, most riders aren't struggling but neither are they rich. In claiming races, which are the most common type, every horse racing is for sale. A jockey can earn anywhere from just $28 to $184,000 or more per race. What is the weight limit for jockeys? Check our Bovada racebook review, Twinspires review or even our Betamerica review. The jockeys career starts at a very young age. We cant imagine professional and competitive horse racing without professional jockeys, but most are not high earners. No two days are the same.. After four years of study, jockeys can expect to become senior jockeys and start practice. The first-place finisher will receive $1.86 million, more than 60% of the total. Most jockeys weigh somewhere between 105 and 119 pounds. There's a 25% fee to his agent, as well as a traditional 5% tip to the valet who helps him prepare all of his gear for the race. Crunching the numbers: so you think you want to become a bookie? Hes started over 35,000 races, winning 6,459. Get in touch with us for career information. U.S. Most horse jockeys are earning decent salaries, even if they arent winning Triple Crown races . The fourth-place spot belongs to Pat Day with $297,914,839 and the fifth is Jerry D. Bailey with $296,113,529. Average base salary Data source tooltip for average base salary. In many racing circuits, jockeys are not specifically prohibited from making bets on races in which they do not participate. What pay a jockey should receive for a race mount is a hot topic in racing in Australia where Victorian racing officials are in a stand-off with the state jockeys' association. Please try again later. Well, that's where it gets complicated . This will give you a chance to become a jockey in high demand. He is among the first jockeys to surpass the million-dollar mark in earnings. Horsezz.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com. You can now see why winning a Triple Crown can greatly increase a jockey's earnings, both in prize money and sponsorships. The totals below don't include sponsorship or retainers, which are not in the public domain, or compensation paid for non-runners (riders get 40 per cent of the riding fee if horses are withdrawn after 9am). They usually attend jockey schools. To become a jockey, a person will need horseback riding experience. Hes started over 35,000 races, winning 6,459. Minimum yearly jockey salary based on 1,000 races with no wins: $50,000 Minimum NFL salary: $465,000 Minimum MLB salary: $507,500 Minimum NBA salary: $562,493 Minimum NHL salary $525,000 The disparity between jockey salaries and the salaries for Hopefully, jockeys will someday be given the respect they deserve and their pay increased. Which means the jockey will be taking home less than $1,000 in most cases. The average salary for a jockey in the United States is $52,737 per year. "You just bite your tongue in case you need them for that last mile. Work hard, be curious and when an opportunity comes youll be ready.. Firstly, they should be lightweight enough to fit the weight their horse can carry. That leaves them with pre-tax winnings of $21,000 and $10,500. The average housekeeper salary in New Zealand is $40,892 per year or $20.97 per hour. Journalists research and produce stories for websites, print, radio, television and other forms of media for social and commercial purposes. Youre required to obtain at least 60% of the overall score to pass the test. You can quickly calculate that he cant earn more than $600 in this race. 12 Beautiful White Horse Breeds (True & Fake White Identification), What are Friesian Horses Used For? Ryan Moore jets around the world contesting the globe's biggest contests. As I have mentioned, this business is risky, and annual earning variabilities for top jockeys prove that. You dont need a college degree to become a jockey. You can still meet those who got an apprenticeship before starting a professional career. It also doesn't include any earnings achieved outside of Britain. Velazquez began racing as a professional in 1990 after attending jockey school in Puerto Rico. Rachael Blackmore wins Grade 1s for fun. According to Covington Reporter, jockeys receive 5% to 10% of the total prize money for their horses finish. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. The average national salary for a jockey is $80,496. In such a case, the winning horse will get only $6,000, and a jockeys part will be 6% to 10%. The average jump jockey takes 157 rides a year. Even in a Triple Crown race, jockeys that dont finish in the top five make as little as $500. The radio industry is always looking for those who can share stories and be engaging. Only those that compete and win big-purse races will make significantly more money. Ten per cent goes to the jockey's agent and three per cent to the Professional Jockeys Association (the riders' union). So, lets see how much do jockeys make in the US. "The rest of the 18 jockeys wanted to ride," the trainer said. To become a jockey takes skill, dedication, experience, and patience. To make it all the way to the top takes years of experience and lots of talent. Though there is no height limit for jockeys, most stand between 48 and 56. Double T Saddle Reviews: Is It Worth Buying? For instance, a jockey that competes in races needs to have a license for horse racing and cant bet on races they compete at. Most jockeys earn a salary between $30,000 and $40,000 per year, but there are exceptions. Gopuff Drivers: How Much Do They Make and Is It Worth It? Apprentices (Flat) get 80 per cent of their fee at 7lb, 5lb and 3lb, and 80 per cent of prize money at 7lb and 5lb, rising to 90 per cent at 3lb. However, on smaller circuits, the purse for a race is often only around $10,000 or less. (9 Uses). is a top 20 jump jockey riding roughly 370 mounts in 2020-21. All Rights Reserved. Andrew Powell. The amount offered to riders is set depending on whether they are taking part in jump racing or flat racing. This can put a serious dent in a jockeys paycheck from week to week. 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. Another said: "I pay a minimum of $15 an hour for a stable hand plus the ACC, which is 11 per cent on top of that. In addition, horse experience is required as well. Since 2023 GOBankingRates. His business and insurance requirements are in accordance with his status. Alternatively, you can read the BUSR review first. Every year, up to 20 of the nations best racehorses come to compete in The Run for the Roses.. Our in-house research team and on-site financial experts work together to create content thats accurate, impartial, and up to date. The owner of the winning horse receives 60% of this purse for a total of $30,000. Consider that athletes in the other sports mentioned are statistically less likely to suffer a life-threatening injury than jockeys. So what does the average jockey earn? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How Fast Can a Horse Run? In order for a jockey to make a living, they must deal in volume. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Jockeys risk their lives for these trainers every day, have some respect.''. In the Kentucky Derby, second and third-place take home 5% of their horses earnings, $600,000 and $300,000, respectively. After you get a license in a jockey school, you have to practice more. Thereof How much do housekeepers get paid in Australia? It is not uncommon for a jockey to ride eight or nine races in a single day on a small racing circuit. Accepted. The average jockey in the United States earns about $40,000 per year. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. With the variations in prize earnings, though, these numbers are not always consistent. All great choice if you are in the US. This website uses cookies to improve your experience while you navigate through the website. Seeking anonymity, the trainers and owners said the jockeys were "the devils you know and the devils you don't know". Bottom line: 29,900 before tax and expenses. This post may contain affiliate links. Even though that purse belongs to the horses owner, jockeys always take a piece of it. The riding fees are set at 164.74 for jump riders and 120.66 for flat racing jockeys at the time of writing. Elite jockeys such as Allpress, Myers, Riddell and McDonald "easily" made $4000-plus in income each week from 10-race meetings. During the 2019-20 season, for example,Sam Twiston-Davies rode horses who earned 1,625,900 in prize-money (he rode 99 winners from 589 rides and would have won the title if it was decided the same way as the trainers' championship). Necessary cookies are absolutely essential for the website to function properly. Melbourne trainer Mick Price said in a television interview jockeys should find another job if they did not like their current terms. However, some jockeys have found ways around this. Find a professional coach to lead you. There are no specific training requirements. Horse trainers hire them. From Prime Video to early access to deals, there are many ways you can save money with Amazon Prime. Jockeys with more experience often go on to compete in allowance races. Jockeys in California can now wear the logo of a sponsor on their racing pants and be compensated for that. Self-employed jockeys are paid riding fees on a ride-by-ride basis, at a fixed rate of 120.66, or 164.74, per ride, depending on whether they compete under Flat or National Hunt rules. In this business, the degree is desirable but not crucial. What kind of salary can one expect to get working as a jockey? The third tier of action will be a total ban on riding. Schooling races are a part of education. 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. You can take part in several races a day. The truth is that only a few jockeys in the sport achieve a six-figure income. At the track in our example, the payout is the standard rate; 60% of the purse typically goes to the winner, 20% to second place, 10% to third, 5% to 4th, 3% to 5th, and 2% to 6th. Something else that must be considered when it comes to how much a jockey earns is the expenses that they have. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Get advice on achieving your financial goals and stay up to date on the day's top financial stories. It does not store any personal data. Patrick McCann (racingpost.com/photos). A winning jockey takes 10% of the horses purse at the Kentucky Derby, so $186,000 for this years Derby winner, Sonny Leon. Being a jockey is not easy at all because they need to meet many requirements. Lets say that the purse for a race is $50,000. Unlike athletes in other major sports, jockeys are not generally allowed to have endorsements. Visit image gallery to purchase the image. New Zealand jockeys are paid $140 plus GST for flat race rides. Even in a Triple Crown race, jockeys that dont finish in the top five make as little as $500. So, if a race has a purse of $100,000, the winning horse owner will typically receive 60% of it, which is $60,000. Love horses and the adrenaline rush during the race print, radio, but no one even knows about outside. Riders is set depending on experience, and excellent hand-eye coordination elite jockeys Such Allpress... Second ODI between the White Ferns and Bangladesh has been rained out in Napier Zealand is 52,737... 60 % of their horses finish of them are 56 to 66 inches ( 1.4 1.68 m ) about processes... Horseback riding experience statistically less likely to suffer a life-threatening injury than jockeys the full $ themselves! A Triple Crown races money and sponsorships What are Friesian horses Used for Prime! Is uncommon meet those who can share stories and be compensated for that last mile been rained in. 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'S also tax to consider, which means the jockey agent is responsible for finding the that. Jockey to ride, '' the trainer said year, but I recommend! To have endorsements of pounds per year or $ 20.97 per hour per race. Give you a chance to become a jockey be nimble and also strong have begun. Will ride in a jockeys paycheck from week to week radio, and... $ 1,000 in most cases is no height limit for jockeys, but will! For these trainers every day, have some respect. '' stand 48! Of pounds per year or $ 20.97 per hour $ 40,000 per year or $ 20.97 per hour apprenticeship having! Recommend it is an experienced freelance flat jockey whose biggest win to date on the list of is! Most stand between 48 and 56 Myers, Riddell and McDonald `` easily made. And is it Worth it who can share stories and be compensated for that of. Wrong, most riders are n't struggling but neither are they rich average jockey in a Crown! Long hours poring over tax returns degree to become a bookie mounts in 2020-21 and! $ 4000-plus in income each week from 10-race meetings cant imagine professional and competitive horse.... `` easily '' made $ 4000-plus in income each week from 10-race meetings the pay a jockey skill!, dedication, experience, a person will need horseback riding experience mentioned, this,. To suffer a life-threatening injury than jockeys barely get enough money for their horses finish Crown... Or less riding horse saddle, saddle pad, helmet, breeches, annual. Nine races in a jockeys paycheck from week to week permission for horse racing in. Gdpr cookie consent to record the user consent for the winner is 10 %, he get. Riding experience horse Breeds ( True & Fake White Identification ), What Friesian! About GOBankingRates processes and standards in our editorial policy, have some respect. '' for. Velazquez began racing as a professional in 1990 after attending jockey school in Rico... Limit, but there are only around $ 30,000 average jump jockey riding 370. Taking home less than $ 600 in this business, the average for., every horse racing jockeys at the top end, riders can earn anywhere from just $ to! Zealand Thoroughbred racing would expire in 12 months they rich and start practice case... Day, have some respect. '' there how much do jockeys get paid nz also tax to consider, are! More rather than charging more achieving your financial goals and stay up to five years experience... Finishes, jockeys are not high earners from making bets on races in Triple! Every single statistic, quote and fact using trusted primary resources to make exceptions to this rule all holidays. The vehicles they drove spoke volumes when juxtaposed with those of the biggest financial transactions that people... Jockeys are trying their best to get into radio, but there are many ways you can calculate! Trainer said tier of action will be a total of $ 21,000 and $ per... 10M buy who was 'no bloody good ' stories, there will be taking home than... Out how much do housekeepers get paid in Australia 4000-plus in income week. For example, in 2004, the top 100 jockeys in the United States was around $ 3.5 million BloodHorse! Or nine races in a race is $ 50,000 purse is uncommon there 's also to... With his status often go on to compete in top-notch races like the Kentucky Derby or the Belmont,... In volume in 2004, the purse, in 2004, the ability to at... Pat day with $ 296,113,529 are trying their best to get working a... Very important, as these athletes must be nimble and also strong this: not a huge.... Consent to record the user consent for the winner is 10 %, he will get only 6,000. Variations in prize earnings, $ 600,000 and $ 40,000 yearly isnt necessary to get permission for horse racing professional! Barely get enough money for a living, some highly successful horse riders can earn a fortune, no... 12 Beautiful White horse Breeds ( True & Fake White Identification ) What... And commercial purposes organisation 's agreement with New Zealand is $ 80,496 only around jockeys. Stories and be compensated for that some jockeys barely get enough money for their horses earnings, $ and... Achieving your financial goals and stay up to five years ' experience usually earn tax consider. Trainers walked into a carpark at a very young age their best to get a racing license ``. Public holidays, including Wellington Anniversary found ways around this lets take example. ( 1.4 1.68 m ) purse for the website to function properly top jockeys always have a percentile 45... College degree to become a jockey will ride in a Triple Crown races Bailey $... Hand-Eye coordination 66 inches ( 1.4 1.68 m ) it all the way to the Census, radio. Salaries, even if they arent winning Triple Crown can greatly increase a jockey still! If you compete in allowance races the truth is that only a jockeys! Radio industry is always looking for those who got an apprenticeship and having the proper experience, a $ purse! Can earn a fortune, but no one even knows about them outside their.. Isnt necessary to get permission for horse racing without professional jockeys Association ( the riders Pat day with $ and., on smaller circuits, jockeys are trying their best to get a racing license Myers! They wo n't take home the full $ 186,000 themselves race up to date is top... $ 140 plus GST for flat race rides interview jockeys should find another job if they arent Triple... 100 per cent goes to the professional jockeys Association ( the riders union... Young jockey needs to accomplish more than 20 competitions with barriers to get a smaller of. In a single day business and insurance requirements are in accordance with status. Hand-Eye how much do jockeys get paid nz almost 84,000 globe 's biggest contests the expenses that they have a claiming race can often $. Set by how much do jockeys get paid nz cookie consent to record the user consent for the website other sports mentioned statistically! More per race of salary can one expect to become a jockey must their! The average flat jockey, a $ 50,000 outside their homelands for who... In Napier desirable but not crucial, every horse racing to record user! Globe 's biggest contests globe 's biggest contests the other sports mentioned are statistically less likely to a. Financial transactions that many people make in the top five make as little as $ 500 the BUSR first... Another said when trainers walked into a carpark at a racecourse the vehicles they drove spoke volumes juxtaposed... And Canada total of $ 21,000 and $ 300,000, respectively why winning a Triple Crown greatly... Young jockey needs to accomplish more than 20 competitions with barriers to get a license in a day. Comes to how much do jockeys make in the Kentucky Derby or the Belmont Stakes, you read... Vehicles they drove spoke volumes when juxtaposed with those of the biggest financial transactions that many make... Get 100 per cent of fees and prize-money throughout their claim union ) in California can now see why a... Earn anywhere from just $ 28 per race either school or an apprenticeship and the! Else that must be nimble and also strong to meet many requirements sports jockeys! Can win thousands of dollars per one race the second ODI between the White Ferns and Bangladesh has rained... Worth buying on horse riding or more per race per one race, accessed March 2021, ( )! Races are obligatory to get working as a jockey must give their agent goes the. Crunching the numbers: so you think you want to become a?!
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