How Much Do Kentucky Derby Horse Trainers Earn?

How much does a Horse Trainer make in Kentucky? The average Horse Trainer salary in Kentucky is $35,548 as of October 27, 2022, but the range typically falls between $31,426 and $40,134.

How much does trainer make in Kentucky Derby?

Typically, trainers and jockeys will receive 10% of all earnings. “I never thought I would have a Derby horse,” Reed said Saturday.

How much do racehorse trainers get paid?

Trainers do get their fair share of prize-money, approximately ten-percent of owners earnings when winning a race, and less than six-percent of placed prize-money.

Who is the highest paid horse trainer?

Todd A. Pletcher
Columns

Rank Trainer Name Earnings
*1 Todd A. Pletcher $448,528,759
*2 Steven M. Asmussen $401,427,300
*3 Bob Baffert $336,811,572
*4 William I. Mott $322,034,099

How much do horse trainers make per win?

Winnings. Thoroughbred trainers typically get 10% of the purse when their horses win races or come as second or third. For instance, the trainer will get $3,000 when a purse is $30,000. Some successful trainers can earn approximately $10,000 per month that way.

How much does a Derby jockey make?

Payout to the winning Kentucky Derby jockey
The jockey that successfully crosses the finish line first in the Run for the Roses will obtain 10% of the winner’s purse. Thus, a $1.86 million payout to the winning horse equates to a $186,000 share for the rider.

How much do jockeys get paid?

Jockeys are some of the original “gig workers” because they work as independent contractors. Rather than earn a salary, a jockey receives a “mounting fee” — often $50-$110 — for each race, riding sometimes eight races per day.

Do you need a degree to be a horse trainer?

Education/Training Required: An associate degree in equine science or equine studies is typically required to become a horse trainer. You may look into additional courses, workshops or apprenticeships to become more familiar with training horses.

How much do top racehorse trainers make?

The salaries of Horse Trainers in the US range from $14,300 to $384,488 , with a median salary of $69,011 . The middle 57% of Horse Trainers makes between $69,011 and $174,070, with the top 86% making $384,488.

How much does it cost to keep a racehorse in training UK?

Training fees – £1595 (all cost whilst in full training excludes racing and major vets)… £280 when at grass. Registering as a sole owner – £100 (Registering as a syndicate is £320) Buying your own colours – £120.

How much does a top horse jockey make a 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.

What is the highest paying job with horses?

High-paying equine careers

  • Mounted police officer. National average salary: $53,211 per year.
  • Equine science professor. National average salary: $55,287 per year.
  • Ranch manager. National average salary: $56,948 per year.
  • Equine insurance agent.
  • Equestrian program director.
  • Occupational therapist.
  • Equine veterinarian.

Who is the richest racehorse owner?

The World’s Richest Horse Racing Owners

Rank Owner Name Net Worth
1 Alain Wertheimer £24,714,592,500
1 Gerard Wertheimer £24,714,592,500
3 Sultan bin Khalifa Al Nahyan £12,906,810,000
4 Kirsten Rowsing £10,182,039,000

Can trainers bet on their horses?

In essence, anyone that has anything to do with a horse, whether they be a jockey’s valet, a driver or a vet, cannot lay bet on that horse, nor can they tell someone else to do so for them. In fact, for valets the rules are even more stringent.

What is the entry fee for the KY Derby?

2022 Kentucky Derby General Admission Tickets

Purchase Date Price
Jan. 1 – Feb 28 at 11:59PM ET $72
March 1 – April 17 at 11:59PM ET $77
April 18 – Day Before Event at 11:59PM ET $82
Day of Event (May 6) $87

How much is it to keep a racehorse in training?

Training fees vary from trainer to trainer. Daily rates range from €45 to €70 per day per horse. On average training fees in Ireland cost €1,700 a month and generally include basic additional costs.

How much does a Derby horse cost?

Sometimes, a horse is sold for a few thousand; other times, they can go for $1 million or more.

Who is the richest jockey of all time?

Meet Yutaka Take, the world’s richest jockey. A legend in Japan, Take, 52, enjoys ‘God’ status in his homeland and has a film star wife. His face is plastered on posters at racecourses, he’s been the ‘pin-up’ of racing for years and enjoys the same level of fame as pop stars.

How much is the horse that won the Kentucky Derby worth?

The winner of the 2022 Kentucky Derby will receive $1.86 million, which is more than 60 percent of the total purse.

Do jockeys get paid for non runners?

Jockeys receive 50% of their riding fee for any non-runner after jockey declarations.

Do jockeys keep all their earnings?

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.