here is the details on average salary/income a jockey can make during a race. He has topped $16 million in annual earnings for two straight years, per … The height of most jockeys are 4'10 - 5'6 and 100-115 pounds. Since becoming a professional jockey in 2015, Franco has earned $84.86 million which equates to $8,995 per race. Why do jockeys stand up in the stirrups after crossing the finish line? This money is transferred directly to them from the track’s purse account. Most Jockeys make a very small amount per-ride, ie; TODAYS KENTUCKY DERBY # 1 winner will get like $200,000 for the day .. coz the prize is like $2 M. but for the derby ther are bonuses also and endorsement offers from advertisers. There are examples of the owner/trainer combination to be found in nearly every racing program, particularly in lower level races where it is extremely common. Rehab care can be pricey, and injuries are inevitable in this business, so this is another good niche area of the business to operate in. Here are some key ways that racehorse trainers can make money. Are there any American horse races that fall under the category of "classic races"? Well not much, if we go with the rumoured figures. 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This is basically a free breeding each year for the mare of their choice, and this right can be resold during years where the trainer does not have a mare of their own to breed. Jockey weight is determined by how much weight a horse is allowed to hold for each race. Trainers also claim horses to run themselves or on behalf of a client. You can sign in to vote the answer. Trainers charge a per diem for each horse that is kept in their stable. On average a successfull jockey can make more than $1 million in a single year while least successfull can take home around $20,000 a year on average in United States. Jockeys are paid on a per mount (race) basis. the more wins a jockey starts to get - the more he is noticed by trainers who wish too hire him and the higher he can demand a higher "guaranteed $$ fee for riding".. ———————————————————————————————————————————————-. The jockey of the winning horse recieve 10% of owner winning share which is around $1,425,000. Those are the fees jockeys receive if they do not finish first, second or third. On average a successfull jockey can make more than $1 million in a single year while least successfull can take home around $20,000 a year on average in United States. They must be removed from the trainer’s track stalls and shipped elsewhere during this time. hmm. The others ..settle for like $100. As a result, the jockey's weight can fluctuate to meet racing guidelines. This fee is not necessarily very high --- in most cases, between £16 and £65. Injured racehorses may need to be on stall rest for months after a significant mishap, and bringing them back to racing fitness can be a long and tedious process. Jockeys are paid on a per mount (race) basis. It is tuff, but totally worth it to them!! You can also attend NARA (north american racing academy) which is a racing school located in Kentucky and run by Chris McCarron. (In claiming races each horse is available for sale at a specified price to any interested buyer who registers their interest with the racing office prior to the race. But if you are trying to find information on your average track jockeys. By using The Balance Careers, you accept our. From my own observation I see that the lucky and popular ones at the top tracks can make over a million a year; but there are many hundreds of jocks in North America that make very little because they are at tracks with cheap purses and maybe they don't win very often - and they are lucky to make as much $18,000 a year! Owners are still billed for care from a veterinarian or farrier, medications, jockey fees, and a number of other expenses not included in the day rate. This fee is usually 5 percent of the purchase price. Those are the fees jockeys receive if they do not finish first, second or third. Some of the major events which include the likes of  Kentucky Derby, Preakness Stakes, Belmont Stakes and British Derby etc. If you continue to use this site we will assume that you are happy with it. Jockeys can ride for as many trainers/owners as they can negotiate a deal with. if 3 rd place is $2500 he/she gets $250. some jockey ride a horse in 8 or 9 sometimes all of a ten ( 10 ) race day at the track. It is common for the owners of good (stakes-winning) colts to give the trainer a lifetime breeding right. At regular races if you win - and the purse (win jackpot) is $40,000 the jockey gets $4,000, If the 2nd place prize is $10,000 the jockey makes $1,000. In either scenario (where the trainer brokers the transaction as an agent) they receive a commission on the sale price. HORSE RACING: Thoroughbred Trivia # 3 - Can you Answer this Question? Day Rate for Horse Trainers . Please I don’t know the answer!!! Most racehorse trainers actually rely on several different streams of revenue to make a living. Trainers traditionally receive a cut of the earnings awarded to horses that finish first, second, or third in races. If they run the horse for a client they usually don’t receive a commission, but they do get the added revenue from the horse’s earnings and day rate. Private trainers (who only train for a sole owner) may be compensated on a set salary. She works in the equine industry and has a passion for careers in the animal industry. Get your answers by asking now. The fees are between $30 per mount and $100 per mount depending on the purse structure at each particular track. Many trainers run a few horses of their own, and they get to keep all of the earnings in this case (save for the jockey fees of course). So when you try and average it out, it is't much, because most jocks are not that successful. Mary Hope Kramer is a former writer for the The Balance Careers covering animal-related jobs. Betting and horse racing go hand in hand and with so many high profile horse races in USA, Britain and around the world you sometime must wonder how much a jockey can earn in top flight races. Join Yahoo Answers and get 100 points today. The Balance Careers uses cookies to provide you with a great user experience. There is really no definitive answer to the question of how much money an average racehorse trainer earns, as their income can be influenced by both the success of their runners on the track and their other business endeavors. Anyone please help!!!? Trainers charge a per diem for each horse that is kept in their stable. Very few jockeys make over 1million, the average (good) jockey will make a decent living but you have to remember that they have to pay for their own traveling expenses etc. Read this article - and the answer is included: "Darrell Haire, a member's representative for the Jockey's Guild, said that of the nearly 1,900 licensed riders in the United States, "You take out the top 100, and the average salary (of everyone else) is about $24,000.". Would You Like to Train Animals Professionally? Operating a Racehorse Rehabilitation Facility, Racehorse Trainer Job Description: Salary, Skills, & More. Purse earnings can be a huge percentage of a trainer’s income, and a trainer can really make the big bucks if their horses compete well in the more prestigious stakes races (which carry purses ranging from a few hundred thousand to several million dollars). But if you are trying to find information on your average track jockeys. per mount..or so. If the don't place in the money they can make as little as $25 for a ride. Any jockey who doesn’t get a prize will receive between $40 and $100 as a “mount fee” for each race, depending on the state and track. are they going to have the Kentucky derby this year? average? At regular races if you win - and the purse (win jackpot) is $40,000 the jockey gets $4,000. The amount that a jockey is paid to ride a horse during a race is called a "mounting fee." per mount..or so. These events have huge price money and jockeys who participate in these events can make handsom money, specialy the ones who are successful in winning or getting into the top 3 places frequently. Take “Kentucky Derby US” for example the pay structure in this track event is as follow. There are some rich jocks and there are some poor jocks. NH jockeys get more per race as their careers are generally shorter than their colleagues on the flat. Also, the vast majority of jockeys have to pay their own travel expenses and pay for their own valets. Do you ride? The others ..settle for like $100. Although many valets work for more than one jockey. I ran across a site called MyRaceHorse where the said I can own part of a Madaglia D'oro colt for a couple of hundred dollars? Some of the better ones make more than $1M, but that's more of an exception than it is the norm. Still have questions? While the jockeys who dont finish in top 3 can barely make any money. Some trainers work almost exclusively in this specialty area, and the money can be quite good once a trainer has built up a reputation in the business. In the case of multiple claims, a number is drawn to determine the winning bidder). Good Luck! The fees are between $30 per mount and $100 per mount depending on the purse structure at each particular track. You start out by being a apprentice jockey and have to weigh a max of 105 because they give you a 10 pound allowance for being inexperienced. Trainers often represent their clients at sales, evaluating prospects and bidding in the sales pavilion. here is the details on average salary/income a jockey can make during a race. This rate includes basics like bedding for the stall, feed, use of stable equipment and tack, exercise rider, groom, and other small incidentals.Owners are still billed for care from a veterinarian or farrier, medications, jockey fees, and a number of other expenses not included in the day rate. HORSE RACING: Thoroughbred Trivia #1 / Can you Answer this Question. They may also scout prospects that they see at the racetrack. Some trainers operate training centers where they can begin the training of young prospects, breaking them to saddle and rider so that they can ultimately start working on the training track. While there are commercial businesses offering rehab services, many trainers own layup facilities of their own where they can supervise care during the recovery process. Breeding rights to major stakes winners can be quite valuable, as some stallions command fees of well over $100,000 per breeding. We use cookies to ensure that we give you the best experience on our website. There are many more jockeys that make less than $100K, and even alot that make less than $50K. This rate includes basics like bedding for the stall, feed, use of stable equipment and tack, exercise rider, groom, and other small incidentals. How do you think about the answers? If the 2nd place prize is $10,000 the jockey makes $1,000. i would guess it's approximately $80K-$100K. So the winning jockey takes 10% of that which is around $142,000 while the runner up and third place jockey takes 5% of owners purse ( which is around $400,000 and $200,000) so 2nd and 3rd place jockey can take home $20,000 and $10,000 respectively.

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