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. Riders also get performance-related pay in the shape of a percentage of any prize-money their mounts earn. These are set at £164.74 per ride over jumps and £120.66 on the Flat. If they receive three-quarters of each riding fee, that puts the average gross annual income from riding fees at £26,500.

A limited number of athletes fit the size qualifications and only 12 per year are admitted into the North American Racing Academy. T&Cs apply. Dog Groomer: Average Salary, Requirements and Job Description. Now, some riders have done well out of the game but for most jockeys the financial situation is dire. Following the race, a jockey takes notes from a trainer and then heads home to bed, only to begin again the next day.

Normal deductions will take this down to around £27,000 which puts the jockey right at the average UK income before tax, but no more. Unlike footballers, cricketers or rugby players, 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. Free bets valid for 7 days, stake not returned, restrictions apply. Prize-money is higher on the Flat than over jumps, but in 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. That alone takes them down to £22,000 per year before bonuses and tax. The bread and butter of jockeys' earnings are riding fees. T&Cs Apply. On a typical summer day then with a popular jockey getting plenty of rides, they may rake in an initial £1206.60 but even those basic deductions will bring this down to about £800-£900. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Qualifying bet is the first bet added to the betslip. And, yes, at the very highest level there is an excellent living to be made – but it's a different story for most riders. From the original riding fee, 10% goes to the jockey’s agent and 3% to the union (PJA – Professional Jockeys Association). Jockey A is a top Flat rider with a host of big-race wins to his name. That’s before fees and taxes. Place a single £10 Sportsbook bet and get money back as a free bet if it loses.There are x5 Free Bets available. An average jockey will tend to ride about 215 times in a year. Free bets valid for 7 days on sports, stake not returned, restrictions apply. Min deposit £10. Paypal and certain deposit types and bet types excluded. Don't get us wrong, most riders aren't struggling – but neither are they rich. More cost! Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. No cash-out, restrictions & T&Cs apply. The amount that a jockey is paid to ride a horse during a race is called a "mounting fee." At the top end of the sport, it’s estimated that some jockeys can bring in £200,000 in a year before tax given their profile and the types of races they are involved in. He rode 1,000 horses in 2016, earning £90,000 before expenses and tax. Up to £100 in Bet Credits for new customers at bet365. This sports promotion cannot be used in conjunction with another Coral.co.uk sports or gaming promotion. Bottom line: £190,000 before tax and expenses. 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 fact, when retainers for top owners and foreign prize-money are included the elite will almost certainly hit seven figure earnings. Following the weight check, a jockey works out a horse. Paypal & some deposit & bet types excl. It's highly unlikely that an unknown rider will receive the nod to ride a horse in a prominent race. What they earn will barely cover food, drinks and especially travel costs and so they are reliant on winners for money and believe me, winners are hard to come by. After everything has been added, deducted and all the rest of it, the jockey has to pay tax.

The Average Salary of Professional Show Jumpers. At the top end of the sport for sure it is lucrative; Frankie Dettori for example is a global celebrity for a reason. Min odds, bet and payment method exclusions apply. Due to all weather tracks, flat racing in Britain can continue all year round now but the real earning potential for flat jockeys comes really between May and October, much like hotel workers in many a holiday resort in the Med. She is the author and co-author of 12 books focusing on customer service, diversity and team building. His share of almost £2 million in prize-money was almost £100,000. How Much Money Does a Professional Wrestler Usually Make in a Year? Paypal & certain deposit & bet types excluded. Hands down, working as a jockey requires specific physical attributes, hard work and the opportunity to train as an apprentice with a top trainer. This fee is not necessarily very high --- in most cases, between £16 and £65. Max refund per qualifying bet is £10. Then there is insurance, medical, a fee for what is essentially ‘racing banking’ (Weatherbys) which handles the fees in the first place. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. This is the gateway to be in the running as a professional jockey. Over 2,500 injuries from horse racing occur each year and 154 jockeys have been killed while riding since 1940. In riding fees, that puts their self employed normal income at £36,198. This sports promotion cannot be used in conjunction with another Ladbrokes.com sports or gaming promotion. Please bet responsibly.

The only deduction is a ten per cent cut to their agent. Four years of study will result in the designation of senior jockey.

The art, rules and rudeness of naming racehorses. T&Cs apply. If you've always wanted to be the front-runner in a horse race, becoming a jockey may be an ideal career goal. Only deposits made using Cards or Apple Pay will qualify for this promotion. That sounds OK to most people, but freelancers and other self employed people reading this will know immediately that is only half of the story. Copyright 2016-2020, do not reproduce without permission. Wagering requirements: Sportsbook 3x at min odds of 2-5 (1.40), Casino 25x. He banked over £65,000 in riding fees and around £70,000 in prize-money. New customer offer. Min odds 1/2 (1.5). Given how busy they need to be just to make this money in the first place, they of course rarely have the time to be able to do this and that means an accountant. Bonus will expire after 7 days of opt-in. T&Cs apply. 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. Jockeys generally work as independent contractors and are hired by horse trainers. Place your first bet on Pools and if it loses we'll refund your stake in cash. How Much Does a Jockey Earn? Max refund per qualifying bet is £10.

Using averages then; a typical flat jockey will ride 300 times a year. The typical jockey will spend more than £5,000 every year in fuel costs just to cover heading to the races, another huge chunk of money to come off their top line before they even think about net. This sports promotion cannot be used in conjunction with another Ladbrokes.com sports or gaming promotion. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Bottom line: £42,000 before tax and expenses. Weatherbys even charge 50p for every line shown on a jockey’s statement! The job duties of a jockey are far greater than racing a horse. The amount that a jockey is paid to ride a horse during a race is called a "mounting fee." New customers only. But from that figure a host of deductions must be made. Dr. Kelly Meier earned her doctorate from Minnesota State Mankato in Educational Leadership. Flat jockeys earn £120.66 per ride - but how much of that reaches their pocket? Valets, who work hard behind the scenes, are paid on a sliding scale, Premier League footballers are among the top earners in sport, Outside the elite few, earnings rapidly drop off, Copyright © 2020 centurycomm limited or its licensors, all rights reserved, Community, Environment and Corporate Responsibility. Pay for jockeys varies and is based upon the experience and track record of success. There’s not much of an in between either. Riders can also earn money via sponsorship.

. 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). Experience means everything in the world of horse racing. Ryan Moore jets around the world contesting the globe's biggest contests. They've all lost out by a whisker but why do so few jockeys have beards? Not a huge salary I think you’ll agree. Even in a Triple Crown race, jockeys that don’t finish in the top five make as little as $500. Jockey D is an experienced freelance Flat jockey who often spends his winter abroad. Place a single £10 Sportsbook bet and get money back as a free bet if it loses. Well, it's complicated . Pay can be as little as $28 per race and as much as $124,000 for a triple crown competition.

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