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 are jockeys paid when they win?
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. The percentages a jockey receives for a thoroughbred race range from 5% for a second- or third-place finish to 10% for first place, according to the Covington Reporter.
Do jockeys earn good money?
Collectively, these deductions amount to roughly 25% of riding fees and 10% of prize-money. In summary, at the top end of the profession, jockeys can earn hundreds of thousands, or even millions, of pounds a year.
Who is the highest paid horse jockey?
John R. Velazquez
Columns
| Rank | Jockey Name | Total $ |
|---|---|---|
| *1 | John R. Velazquez | $460,324,298 |
| *2 | Javier Castellano | $375,080,375 |
| *3 | Mike E. Smith | $344,112,618 |
| 4 | Pat Day | $297,914,839 |
How do jockeys earn a living?
However, as a general rule of thumb Flat jockeys receive around 8.5% of the advertised win prize and 2.61% of the advertised place prize. 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.
How much do jockeys make per year?
The salaries of Horse Jockeys in the US range from $10,049 to $271,427 , with a median salary of $48,880 . The middle 57% of Horse Jockeys makes between $48,882 and $123,036, with the top 86% making $271,427.
How much do jockeys get per race?
Prize-money and sponsorship
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. It is 6.9 per cent on the Flat.
How long does a jockey career last?
You would usually retire from riding by age 45 (35 for jump jockeys). At the end of your riding career you can get advice on retraining and employment from the Jockeys Employment and Training Scheme.
Can a horse win a race without a jockey?
There the answer is no. 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.
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.
What is the most money ever paid for a horse?
$70 million
Some of the most expensive horses in the world have sold for tens of millions of dollars. The most expensive horse ever sold was a thoroughbred named Fusaichi Pegasus, purchased for $70 million.
Why do jockeys stand up when racing?
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.
Can jockeys bet on races?
In most states, jockeys are not prohibited from betting on races in which they don’t ride or on betting on their own mounts. Nonetheless, a jockey betting against himself, no matter how few times it happened, is a serious offense that brings the integrity of those races into question.
Do jockeys own their horses?
Can jockeys own racehorses? No, jockeys are not allowed to own the horse they ride because there is too much gambling money at stake. You wouldn’t want a jockey to have a betting interest in a horse he is riding, and even the appearance of impropriety is avoided.
How much do horse owners make for winning?
The purse money for a horse race comes from different places, such as gambling, entry fees, and sponsorships. Typically, the amount of money bet at a track is used to determine the racing purses for a season. The winnings from a horse race are usually split between the owner 80%, the trainer 10%, and the jockey 10%.
How much do horse owners make on a race?
From horses’ earnings, jockey and training fees are paid. After monthly expenses and fees are paid, there is usually very little profit remaining for the horse owner. As an example, in a race with a purse of $10,000, the winning horse owner gets $6000.
How many horses get paid in a race?
In Thoroughbred racing, it was common for 65% of the race’s purse was awarded to the winner, with the second, third and fourth horses earning 20%, 10% and 5% respectively.
At what age do jockeys usually retire?
Jockeys usually retire from riding by age 45 (35 for jump jockeys). At the end of the racing career, Jockeys can get advice on retraining and employment from the Jockeys Employment and Training Scheme.
Do male and female jockeys race together?
While the majority of jockeys are men, female jockeys compete equally alongside their male rivals. How does a jockey prepare for a race? Before a race, all jockeys must ‘weigh out’ to ensure that the horse they will be riding is carrying the correct weight for the race.
Can jockeys riding at two meetings?
Jockeys will remain limited one meeting per day after industry leaders agreed to extend the protocol, initially introduced last year in response to the COVID-19 pandemic.
How many times can a jockey use his whip?
Whip Rules
The permitted number of uses of the whip with hands off the reins is 7 times for Flat races and 8 times for Jumps race. Stewards will consider whether to hold an enquiry if a rider has used his whip 8 times or more in a Flat race or 9 times or more in a Jump race or misused the whip in some other way.