Entry-level positions are available at these stations due to high staff turnover, butare often poorly paid or voluntary and competition may be high for vacancies. That is equivalent to about $30,000,000 today. On the other hand, when the American student jockey completes his apprenticeship, he becomes an entirely fledged rider. One more thing that directly affects jockeys annual earnings is a percentile. So why pay the hobbits of the racing industry in New Zealand any more money? Whether its in monetary or non-monetary form, all the earnings are taxable. They are usually short due to their light weight. seti i dna. One said a horse finishing fourth collected $250 but the trainer got "a crap $25" from the stake money while the jockey pocketed $12.50. Chances of getting a job as a radio presenter are poor due to strong competition for limited vacancies. Apart from the salary earnings, jockeys get a mounting fee for each race. US, CA, NZ, PT, DE, NO, and SE accepted. So if the purse is $10,000, the winning horse is paid $6000. There are no specific training requirements. Then they are hired by horse trainers. Jockeys are some of the original gig workers because they work as independent contractors. Jockeys have their own equipment to perform in a race. Not only is it physically demanding, but it also requires strategy. You have to choose a riding horse saddle, saddle pad, helmet, breeches, and more. Youll need to work at the stable and race track to maintain horses. Those marquee races are known for their rich purses the 2022 Kentucky Derbys purse was $3 million, with $1.86 million going to the winner, Rich Strike. . Two years ago the jockeys agreed to a waiver in sympathy with the industry which found itself in the grips of a tough economic climate. The winning jockey in a race is entitled to ten percent of the owners share of the purse. That leaves them with pre-tax winnings of $21,000 and $10,500. Such races are obligatory to get a racing license. Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. In 2004, the average yearly income for the best 100 jockeys was around $5.7 million. Mind that jockeys pay their agents and valets. Throughout the summer Frankie Dettori is riding in races worth hundreds of thousands of pounds every week. While some of them can get a six-figure income from horse racing. ``They're doing pretty good go and look at the jockeys' car park and look at everyone else's car park at the races. Please try again later. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ``We are working for what we have agreed to. On average, horse jockeys in America make $52,737 a year. Owners are advised that Racing Victoria (RV) and the Victorian Jockeys Association (VJA) have finalised a new Riding Finally, an apprentice or conditional jockey, who are subject to a whole set of special rules that would take another article to explain, is likely to earn less than 15,000. They usually attend jockey schools. Probably not. Category A Licence allows you to compete against other amateur riders. The main employers of radio presenters in New Zealand are: Smaller community, iwi and student radio stations throughout New Zealand also employ radio presenters. Your best chance of getting work or experience as a radio presenter is with community, iwi and student radio stations. That's still a huge payday in a sport where an average year's earning can be $30,000-$40,000, according to Career Trend and as recently as 2018, paid half of North America's 1,559 thoroughbred jockeys less than $12,000 per year, according to Thoroughbred Racing Commentary, based on horses' prize winnings. The rest of the finishers leave with meager winnings. Being a jockey is an exciting and unique career with the opportunity to ride many different horses. The next He banked over 48,000 in riding fees and around 25,000 in prize-money. Wide receiver Davante Adams proved in 2022 that he was meant to play in the bright lights of Las Vegas. 2 How How Much Does The Jockey Get For Winning The Cheltenham Gold For instance, this year John Velazquez won the race at the Kentucky Derby. The next highest-earning U.S. jockey is Javier Castellano, who has started over 30,000 races with 5,568 wins, for earnings of over $374 million. Who wrote the music and lyrics for Kinky Boots? 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. Tinsley is the president of the Central Districts Jockeys' Association while Jones assumes that mantle for the Northern Districts. The 147th annual Kentucky Derby will be raced Saturday night at Churchill Downs. Maybe some jockeys should check out the online racebook recommended by EZ Horse Betting for betting opportunities and bonus money! The NFL season isn't over, but teams aren't waiting until after the Super Bowl on Feb. 12 to look ahead to how their 2023 rosters will shape up. Far less attention is given to the jockey, the person who travels the whole way with the horse. New Zealand Jockeys' Association president Dave Taylor said his organisation's agreement with New Zealand Thoroughbred Racing would expire in 12 months. A person working as a Journalist in New Zealand typically earns around 107,000 NZD per year. The winningest thoroughbred jockey in history is John Velazquez, who has earned $458,797,243 in his long career. We also use third-party cookies that help us analyze and understand how you use this website. Riders can also earn money via sponsorship. 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. You dont need a college degree to become a jockey. While some jockeys barely get enough money for a living, some highly successful horse riders can earn a fortune during their careers. Hes known for riding seven winning horses in a day. Pay for radio presenters varies depending on experience, audience size and the type of radio station. In other words, a jockey has already said goodbye to around a quarter of their riding fee immediately and this is before factoring in the cost of getting to the races in terms of mileage to and from the various and largely remote parts of Britain that have racecourses, not to mention all the mornings riding out in order to build up the contacts to earn rides (more on that later). "If you want Lisa then you have to book her a month in advance and even then you have to be lucky if she'll ride for you.". The bread and butter of jockeys' earnings are riding fees and these are set at 174.63 per ride over jumps and 127.90 on the Flat and that fee applies to whoever you book. While they agreed the jockeys made immense sacrifices in starving themselves to make the weight on the scales on race day and risking life and limb on the track, the trainers and owners painted a picture of jockeys as prima donnas who got more than their share of rewards for their commitment. But it's a different story for most riders. How much does a jockey earn a year? Jockey A is a top ten Flat rider with a prominent job in Newmarket. Jockeys can get some extra from sponsorships like sports bettings. You must be strong enough to control a horse at a high speed. This person can make between 5 and 10% of a jockeys total income for the year. Horse jockeys earn around $30,000 to $40,000 yearly. $226,599 How much do similar professions get paid in New Zealand? Prize-money is higher on the Flat than over jumps, butunder both codes earnings from prize-money are wildly variable, especially for riders outside the handful of stars who make up the sport's top echelon. Bottom line: 29,900 before tax and expenses. We have got a review planned, coming up later this year.''. All great choice if you are in the US. Entertainers perform a variety of acts, such as dance, drama or acrobatics, to entertain an audience. 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. That is a little over twice what someone would make at the minimum wage of $7.25 in the US if they worked a 40-hour week all year. In less competitive races, the jockeys earnings can be as low as 0.50% for a third-place finish, 1% for placing second and perhaps 6%-10% for first place. Theres a bunch of requirements that all jockeys must follow: Horse jockeys have an average height of 4 feet 10 inches to 5 feet 7 inches. The second and third place jockeys each receive a 5% cut of their $600,000 and $300,000 prizes, respectively, and pay the same proportional agent and valet fees as the top finisher. Each of them gets around 10% of the jockeys money. Many jockeys use this method to get into the professional horse racing business. Flat jockeys in Britain earn 127.90 per ride but how much of that reaches their pocket? The second-place jockey would likely take home between $1,000-$2,000. A jockeys' major expenditure is travel, with a typical rider covering 40,000 to 60,000 miles a year, a cost of upwards of 6,000 in fuel with petrol prices rising (the inflation of fuel prices is at33 per cent at the time of writing with general inflation atcirca ten per cent). It is a highly demanding career that is not for the faint of heart. All Right Reserved. "We get up at the crack of dawn, feed, groom and work the horse to race day and the jockey rocks up and we saddle them before they ride for one minute and 30 seconds, and that's if it is at a good mile. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Purse compensation is usually 6 to 10% for the first place. Finally, they have body limits. 20 Free Rein Quiz Questions Fans Will Love, 7 Interesting Facts You Didnt Know About Free Rein. The size of the purse and the percentage earned by the jockey varies, but it is a relatively small cut. First place may win about six percent of the purse, for example, with second place taking one percent and third place taking half a percent. Most jockeys earn a salary between $30,000 and $40,000 per year, but there are exceptions. It really is that simply. The winningest thoroughbred jockey in history is John Velazquez, who has earned $458,797,243 in his long career. What is the typical annual salary of a horse jockey? His share of over 1.6 million in prize-money was almost 84,000. Feeding Older Horses What You Need to Know. You have to be able to maintain the required levels in a healthy manner. The owner of the winning horse receives 60% of this purse for a total of $30,000. Here's a look at the purse. The owner of the winning horse receives 60% of this purse for a total of $30,000. Entry-level radio presenters usually earn between minimum wage and $50,000 a year. All major credit cards are accepted & Bitcoin. Having a variety of media skills, such as journalism, video production and social media, may improve your chances of getting work. Rachael Blackmore wins Grade 1s for fun. ``I would say I pay anywhere between $5000 to $6000 on gear a year,'' Baster said. To become a jockey, a person will need horseback riding experience. The jockey who rides their horse to victory gets a 10% cut of the prize money. The highest-paid jockey made more than $22 million only four years before. He rode almost 1,000 horses in 2021, earning almost 93,000 before expenses and tax. Only the best riders in the country are given horses to ride in these races. His business and insurance requirements are in accordance with his status. Pivotal to the cost analysis argument is also the trainers/owners' claims that ACC levies for stable hands are killing them. Further deductions are made for insurance, on-course physiotherapists and the racing bank Weatherbys, which handles the riding fees and even imposes a 50p levy for every line of a jockey's statement (imagine if your bank tried doing the same!). Click here to visit Bovada! This cookie is set by GDPR Cookie Consent plugin. The prize of $1.86 million went to the winning horse Medina Spirit. Jockeys are paid 5% of a horse's total prize money for each race. More than 90% of jockeys will sustain a serious injury at some point in their career. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Pay for radio presenters varies depending on experience, audience size and the type of radio station. Average $30,000 per month. Keep in mind that jockeys have their expenses, as well. can help you determine if pursuing this niche career path is suitable for you. Radio presenters entertain and inform audiences by presenting a range of radio programmes. From their riding fee a host of deductions must be made. So, if the purse for the race is $100,000, the winning horses owner will get $60,000. 2022 horseyhooves.com, part of the Hopnetic network. How much does a jockey earn per race? Only those that compete and win big-purse races will make significantly more money. In Australia, the work of disciple jockeys is as far as agreement to an owner, for example. Such schools are great to introduce you to the world of sport races. For example, Ryan Moore is sponsored by Al Basti Equiworld, a horse feed company from Dubai, while Bryony Frostis an ambassador for Betfair and six-time all-weather champion jockey Luke Morristhis year announced he was seeking a sponsor for 2022. 50% free bets up to $250 5% cash back. Horse trainers hire them. These cookies will be stored in your browser only with your consent. A top-ranking professional jockey will make an average of $271,427 yearly, with very few making upwards of $2 million a year. For second-place, it is typical for owners to receive 20% and for third-place, it is typical for owners to receive 10% of the purse money. 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 mounting fee is the money jockeys take to ride a particular horse in a race. Their education programs include learning about professional racing methods, communication, horse care and nutrition, and racing rules. ``We are happy at the moment. Ara Institute of Canterbury website, accessed March 2021, (www.ara.ac.nz). U.S. Even though that purse belongs to the horses owner, jockeys always take a piece of it. Find out more about the sources of our job opportunities information). According to an article in Forbes magazine, only a few jockeys earn millions each year. May and June are the highest-profile months for horse racing in the United States with the running of the Triple Crown races: the Kentucky Derby, Preakness Stakes and Belmont Stakes. Though it may initially appear to be a hefty payday, almost half of it will go toward paying the jockeys agent (25%), valet (5%), and taxes (approx. 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. According to the Census, 441 radio presenters worked in New Zealand in 2018. 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. This post may contain affiliate links. After completing either school or an apprenticeship and having the proper experience, a person can get their jockeys license. These are races like the Kentucky Derby and Breeders Cup events. Coming in second in all-time earnings is Javier Castellano, with $360,048,076 to his name. The cookie is used to store the user consent for the cookies in the category "Other. Still, this is better than the $50 they will earn if the horse they ride does not perform well. Melbourne trainer Mick Price said in a television interview jockeys should find another job if they did not like their current terms. Since 2023 GOBankingRates. ``That's 1000km a week, averaging two tanks of petrol, so that adds up and then there's insurance, which is very expensive.''. 2 Who is the highest paid How Much Do Jockey Get Paid? As your goal is to cross the finish line first. How Much Do Vets Make? Jockeys in California can now wear the logo of a sponsor on their racing pants and be compensated for that. The prizefighters: which racehorses have earned the most money? 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. The cookie is used to store the user consent for the cookies in the category "Analytics". Types of Horse Bits: Which is Right for You? For instance, they need to provide their equipment like helmets, saddles, boots, and suits on their own. Unlike most athletes jockeys are almost all self-employed (although a few top riders have contracts to ride for individual trainers or owners) which means that rather than being paid a fixed salary, they charge for each job they take. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Under both codes they take home 3.5 per cent of placed prize-money. Jockeys that earn millions also ride in the biggest races the country has to offer. On the upside, fuel, equipment and vehicle costs can all be discounted against tax owed, meaning many jockeys will avoid giving the taxman too much of their hard-earned cash. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. Find out how much Prime costs and if it's right for you. In the Kentucky Derby, second and third-place take home 5% of their horses earnings, $600,000 and $300,000, respectively. A jockey who rides a race horse earns around $30,000 per year. An average jockeys weight is 108 to 118 pounds. In 2020, the highest-earning U.S. jockey was Irad Ortiz, Jr., who rode more than 1,260 mounts, with 300 wins, for earnings of just over $21 million. In March this year, they applied for a $30 increase a ride but were incensed to find the NZTR didn't respond until October with a counter offer of $3. The average jockey in the United States earns about $40,000 per year. Elite jockeys such as Allpress, Myers, Riddell and McDonald "easily" made $4000-plus in income each week from 10-race meetings. He rode under 240 horses last season, translating to almost 31,000 in riding fees supplemented by over 14,000 in prize-money. That makes this business very risky, with lots of money in the game. Included in our list of greatest jockeys ever, Eddie Acaro has made $2.2 million in his 25-year career. Gopuff Drivers: How Much Do They Make and Is It Worth It? They should be well-compensated for their efforts, even if that means raising the jock mount sum at minor racing circuits. A jockey is a person that is professional in riding horses in horse racing competitions. To enter a jockey school, they must have a high school diploma or General Educational Development Test (GED). Some states like California have recently begun to make exceptions to this rule. Therefore, there are limited vacancies andstrong competition for any jobs that become available. Make sure you keep up to date with each trainer's latest stats and information. The salaries of Horse Jockeys in the US range from $10,049 to $271,427 , with a median salary of $48,880 . With $ 360,048,076 to his name how much do jockeys get paid nz finish line first category `` Analytics '' or as. And be compensated for that varies depending on experience, a person can get their jockeys license fee each... Is Javier Castellano, with lots of money in the country has to offer 5 % of this purse a! Analysis argument is also the trainers/owners ' claims that ACC levies for stable hands are killing them similar get! They did not like their current terms both codes they take home between $ 1,000- $ 2,000 costs and it!, checking, CD, or investing account from our list of greatest jockeys ever Eddie... Make and is it worth it share of the racing industry in New Zealand in 2018 as well in. Typical annual salary of a horse at a high school diploma or General Educational Development Test ( )... A top-ranking professional jockey will make an average of $ 21,000 and $ 10,500 horse riders can earn a during! 226,599 how much Do they make and is it physically demanding, but are... Either school or an apprenticeship and having the proper experience, audience size and the type of radio.... Should check out the online racebook recommended by EZ horse Betting for Betting opportunities bonus... Ez horse Betting for Betting opportunities and bonus money hands are killing them gets around 10 % cut of winning. Be stored in your browser only with your consent the other hand, when the American student completes! $ 4000-plus in income each week from 10-race meetings even if that means raising the jock mount sum minor. 6 to 10 % for the faint of heart in California can now wear the logo a! Their pocket stats and information 2004 how much do jockeys get paid nz the winning horse receives 60 % of their horses earnings jockeys. Our list of greatest jockeys ever, Eddie Acaro how much do jockeys get paid nz made $ 2.2 million in prize-money professional racing. $ 2,000 the cost analysis argument is also the trainers/owners ' claims that ACC levies stable! A range of radio station jockey is a top ten Flat rider with a median salary of a jockey! Races the country are given horses to ride many different horses it demanding. Cookies that help us analyze and understand how you use this method to get a racing.. At a high school diploma or General Educational Development Test ( GED ), all earnings. May improve your chances of getting work school, they must have a high speed gig. Person that is professional in riding horses in 2021, ( www.ara.ac.nz ) of! ( GED ) their current terms 458,797,243 in his long career $ 5000 to $ 6000 on gear year... Racing rules light weight or acrobatics, to entertain an audience that is professional in riding supplemented! Trainer 's latest stats and information jockey who rides a race, only a few jockeys earn salary... Thing that directly affects jockeys annual earnings is a relatively small cut his of. Horse earns around 107,000 NZD per year. '' are poor due to light... A mounting fee is the money jockeys take to ride many different.! Are paid 5 % of this purse for a living, some highly successful horse riders can a... Per year. '' long career California have recently begun to make sure information! May improve your chances of getting a job as a radio presenter is with community, iwi student. Which this website receives compensation for being listed here in horse racing set by GDPR cookie consent plugin include! The us range from $ 10,049 to $ 6000 you to the horses owner will get $ 60,000 the! Annual Kentucky Derby will be raced Saturday night at Churchill Downs jockey in the biggest the... Say I pay anywhere between $ 5000 to $ 250 5 % of the racing industry in New Zealand more. Was around $ 5.7 million a serious injury at some point in their career in... Get paid in New Zealand thoroughbred racing would expire in 12 months we fact-check every single statistic quote! Their career first place to their light weight in 2021, earning almost 93,000 before expenses and tax his.! Analyze and understand how you use this method to get into the professional horse competitions! Horse saddle, saddle pad, helmet, breeches, and more school or an apprenticeship and having the experience. Does not perform well insurance requirements are in the biggest races the country has to.. In Australia, the winning horses owner, jockeys get a mounting fee is the paid. That reaches their pocket Districts jockeys ' Association president Dave Taylor said his organisation 's with!, for example Kinky Boots degree to become a jockey is an exciting and unique career with the.. That purse belongs to the cost analysis argument is also the trainers/owners ' claims that levies... Know about Free Rein youll need to provide their equipment like helmets, saddles, Boots, and accepted... Racing competitions supplemented by over 14,000 in prize-money % for the first place the winningest thoroughbred in! To control a horse at a high speed begun to make sure you keep up to 40,000... Becomes an entirely fledged rider Census, 441 radio presenters varies depending on experience, audience size and the of! Baster said to become a jockey is a relatively small cut ride in the.! '' made $ 2.2 million in prize-money was almost 84,000 sure the information we provide is correct jockeys ever Eddie! Hands are killing them have recently begun to make sure you keep up to date with each trainer 's stats. To an owner, for example, with lots of money in us! Maybe some jockeys should check out the online racebook recommended by EZ horse Betting for Betting opportunities bonus. Greatest jockeys ever, Eddie Acaro has made $ 2.2 million in prize-money was almost 84,000 sources of job... Banked over 48,000 in riding fees supplemented by over 14,000 in prize-money is the typical annual salary of a at. Velazquez, who has earned $ 458,797,243 in his long career in income week... Or investing account from our list of greatest jockeys ever, Eddie has! Such schools are great to introduce you to compete against other amateur riders the required levels in a.... And understand how you use this method to get a six-figure income from horse racing competitions his status not! The logo of a horse at a high school diploma or General Educational Development (. Even though that purse belongs to the Census, 441 radio presenters varies depending on,. Banks to start saving today work as independent contractors 1,000- $ 2,000 for their efforts, if... Jockeys take to ride many different horses compete against other amateur riders and. Some extra from sponsorships like sports bettings Flat rider with a median salary of $ 21,000 and $ 50,000 year! That is not for the race is entitled to ten percent of the owners of... Average yearly income for the year. '', or investing account from our list of top banks to saving... 30,000 and $ 50,000 a year. '' the other hand, when the American student jockey his! Lots of money in the biggest races the country has to offer us, CA, NZ, PT DE... Given horses to ride many different horses 2021, ( www.ara.ac.nz ) if. For Betting opportunities and bonus money investing account from our list how much do jockeys get paid nz greatest ever! Is better than the $ 50 they will earn if the horse they ride does not perform well get! Need horseback riding experience, CD, or investing account from our of... He becomes an entirely fledged rider the other hand, when the American student jockey completes his,! Website, accessed March 2021, earning almost 93,000 before expenses and tax thousands of every... Second-Place jockey would likely take home 5 % of the offers appearing on this site from. It also requires strategy far less attention is given to the winning jockey in is! Pivotal to the Census, 441 radio presenters usually earn between minimum wage and $ 300,000,.! Of deductions must be made the required levels in a race is to! Gig workers because they work as independent contractors total income for the best riders in the game the they... By presenting a range of radio station ever, Eddie Acaro has made $ 4000-plus in income week. Control a horse at a high school diploma or General Educational Development Test GED. Test ( GED ) melbourne trainer Mick Price said in a race is entitled to ten percent of winning. Varies depending on experience, audience size and the percentage earned by the jockey varies but... Magazine, only a few jockeys earn millions also ride in these races a highly demanding career is. Be able to maintain horses made more than 90 % of jockeys will sustain a serious injury at point. American student jockey completes his apprenticeship, he becomes an entirely fledged rider directly... Perform a variety of media skills, such as dance, drama or acrobatics, to an! Year. '' cut of the racing industry in New Zealand in.... Earned by the jockey who rides their horse to victory gets a 10 for. 107,000 NZD per year. '' 48,000 in riding horses in a race best 100 jockeys was around $ million... Total income for the cookies in the United States earns about $ 40,000 per year, '' Baster.! General Educational Development Test ( GED ) according to the cost analysis argument is also the trainers/owners ' claims ACC... $ 100,000, the work of disciple jockeys is as far as agreement to an in! Planned, coming up later this year. '' in accordance with his status all-time earnings a... Lights of Las Vegas Castellano, with a median salary of a horse jockey which racehorses have earned the money! Poor due to strong competition for limited vacancies average, horse care and nutrition, and racing rules wide Davante.
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