How much does a horse jockey make a year
Introduction
In the words of one former jockey: “It depends on how big my mouth is.” But seriously, there are many determining factors when it comes to how much a horse jockey is going to earn in a given year. A lot of it has to do with the type of races they enter, the purses associated with those races, and ultimately which horses come in first place. Jockeys can also receive bonuses depending on where they place in large events like the Triple Crown or Breeders’ Cup, so those can really add up! It’s estimated that some jockeys make as much as $2 million per year—that’s more than any other athlete in their sport (sorry LeBron!).
That depends on how many races they win.
The answer to that question is: It depends on how many wins you have.
A jockey’s salary is based on a percentage of the purse money, which is the total amount of money awarded for a race. All races pay out an equal share of their purses to each rider according to number of wins (or place). The top three finishers will receive 60%, 25% and 15% respectively. For example, if you get second place with one win at $10,000, your purse money would be $5,000 and your earnings would be around $2,500 ($5k x 60%).
Most jockeys, as of 2004, make around $38,600 per year.
As of 2004, the average income for all jockeys in the United States was $38,600 per year.
This number may seem low to some people, but keep in mind that this is only an average and doesn’t include all of the top-level athletes who can make millions annually.
Another study found that the average yearly pay was at an hourly rate of $18.99.
The Bureau of Labor Statistics conducted a survey in 2004, which showed that the average yearly pay was at an hourly rate of $18.99. This information is based on full-time employees who worked 40 hours per week and had no previous work experience.
This statistic shows that horse jockeys can earn more money with either more years of experience or if they have a higher level of education.
The top racing jockeys won’t be earning an hourly wage though.
The top racing jockeys won’t be earning an hourly wage though. They’ll be paid more for races with higher purses (the prize money) and will earn 5% of any purse money that their horse wins up to a certain amount (usually around $25k). They can also earn bonuses for winning stakes races, as well as other bonuses related to winning first place or coming in second or third place.
A 1993 survey found the most common income range was between $10,000 and $39,999.
So, how much do jockeys make? According to the Jockey’s Guild, most jockeys make between $10,000 and $40,000. The highest earners in the profession are over $40,000; the lowest earners make less than $10,000.
Jockeys earn 5% of any purse money that their horse wins up to a certain amount (usually around $25k).
Jockeys earn 5% of any purse money that their horse wins up to a certain amount (usually around $25k). This is the most common way that jockeys are paid. Other ways that jockeys are paid include bonuses, endorsements and appearance fees.
For example, if you win the Kentucky Derby, you’ll receive an additional $1 million bonus from Churchill Downs or Keeneland Race Course.
The winner of the Triple Crown earns an increase in their percentage even for races on non-Triple Crown races for the rest of the year.
The winner of the Triple Crown earns an increase in their percentage even for races on non-Triple Crown races for the rest of the year. This is because it’s considered to be a great feat and very difficult to win.
For example, if a horse won the Kentucky Derby, Preakness Stakes, and Belmont Stakes in one year, then that same horse would be able to earn 10% more money when they compete at other racetracks nationwide during their racing season.
The top 10% of jockeys earned upwards of $80k per year in 2004.
The top 10% of jockeys earned upwards of $80k per year in 2004.
The average yearly pay for a horse jockey is at an hourly rate of $18.99, but the earnings vary greatly depending on experience and success. Experienced horse riders have a much better chance at winning a race, which means more money earned over time.
If you’re just starting out as a jockey, your pay will likely be low—around 15-20 bucks per hour or so—and it won’t increase until you win some races and prove yourself worthy of higher wages.
In 1999 there were only 29 jockeys who earned over one million dollars in a single year.
The answer to the question depends on how you’re counting. A professional horse jockey makes in the range of $60,000-95,000 per year. That’s a lot of money for most people, but not in comparison to other elite athletes. For example, baseball players make $3 million or more a year and golfers can earn up to $50 million annually.
That said, if we look at just the top 10% of jockeys who earned upwards of $80k per year in 2004 (the last time such data was available), it’s clear that horse racing is still an extremely lucrative career path for those with talent and drive enough to pursue it—especially when you consider that every one of these individuals was once just another boy riding horses in his backyard!
In 2019, Kent Desormeaux won $28 million with purses alone (not counting bonuses or endorsements).
In 2019, Kent Desormeaux won $28 million with purses alone (not counting bonuses or endorsements). He is a retired American Thoroughbred racehorse jockey who was born on August 23, 1970.
At less competitive racetracks, purses will typically range from about $4,000-$5,000, so you can do the math from there to see what a jockey might earn at different levels of competition.
How much you can expect to make depends on the track. At less competitive racetracks, purses will typically range from about $4,000-$5,000, so you can do the math from there to see what a jockey might earn at different levels of competition.
More competitive tracks will have higher purses and therefore higher payouts for jockeys as well. For example, at a high-end racehorse track like Saratoga in New York or Churchill Downs in Kentucky (which has been around since 1875), you could earn up to $150 per mount! That’s more than 20 times what it would take home on any other average weekday at your local racetrack—and believe us: those are averages we’re talking about here; not every day is going to be that successful for any racing professional. So don’t quit your day job just yet!
There are many determining factors when it comes to how much a horse jockey is going to earn in a given year
There are many determining factors when it comes to how much a horse jockey is going to earn in a given year. The most important factor is how many races the jockey has won and lost, but other factors include how many races the jockey has won in the past, recently, or over the last year.
If you want to make more money as a horse jockey than what you’re currently making then there are two things you can do: you can win more races than your competitors or lose fewer races than them.
Conclusion
With all that said, don’t be discouraged. If you’re willing to put in the work and get good at your craft as a horse jockey (which is no easy task), then there is an opportunity for you to earn a significant amount of money should you win races consistently.