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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.

gobankingrates.com - How Much Do Jockeys Make? | GOBankingRates
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How Much Do Jockeys Make?

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. Those marquee races are known for their rich purses — the 2022 Kentucky Derby’s purse was $3 million, with $1.86 million going to the winner, Rich Strike.

Jockey Earnings

Far less attention is given to the jockey, the person who travels the whole way with the horse. A winning jockey takes 10% of the horse’s purse at the Kentucky Derby, so $186,000 for this year‘s Derby winner, Sonny Leon. From those winnings, Leon likely paid a 25% to 30% fee to his agent and a 5% tip to the valet who helped him prepare his gear for the race. That’s still a huge payday in a sport where an average year’s earning can be around $40,000. Did You Know? 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.

Make Your Money Work for You

Prize Money

The real money for jockeys comes from prize money, if they can ride a horse to finish first, second or third in a race and earn part of the purse. 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. In less competitive races, the jockey’s earnings can be as low as 0.50% for a third-place finish, 1% for placing second and perhaps 6%-10% for first place.

Highest-Earning Jockeys

Certainly, the top jockeys do quite well. The winningest thoroughbred jockey in history is John Velazquez, who has earned $458,797,243 in his long career. He’s started over 35,000 races, winning 6,459. 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.

Make Your Money Work for You

Daria Uhlig contributed to the reporting for this article.

Information is accurate as of Nov. 3, 2022.

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Why first five eighth?

As the additional player stood between half-back and three-quarters, Duncan came up with the term five-eighths according to the fraction between them. The player at five-eighths, also known as the five-eighth, could take the ball back to the forwards or pass it on to the three-quarters.

en.wikipedia.org - Second five-eighths - Wikipedia

Rugby union position

Second five-eighths, or sometimes second five-eighth,[1] is a name used in New Zealand to refer the rugby union position commonly known elsewhere as the inside centre or number 12.[2][3][4] It traditionally described a playmaking type of 12 with good passing and kicking skills as opposed to the strong hard runner and tackler in that position providing less game-management and attacking options. Some second five-eighths such as Sonny Bill Williams and Ma’a Nonu, however, combine aspects of both styles of play.[2][5]

Etymology [ edit ]

The 1903 All Black captain, Jimmy Duncan, is credited with coining the name five-eighths when he decided to take a player from the forwards to add to the backs. The backs at that time consisted of two half-backs, three three-quarters, and a full-back. As the additional player stood between half-back and three-quarters, Duncan came up with the term five-eighths according to the fraction between them.[2] The player at five-eighths, also known as the five-eighth,[1] could take the ball back to the forwards or pass it on to the three-quarters.[2] This backline innovation occurred before the split between rugby union and rugby league in Australia and New Zealand and the term is now commonly used for the five-eighth position in rugby league football.[6] As the game of rugby union evolved, the two half-back positions acquired separate functions. The outside half-back, now known as the outhalf or fly-half, became the first five-eighths in New Zealand under the two five-eighths system. The next player on his outside was called the second five-eighths.[2] The terms first-five and second-five are sometimes used as abbreviated versions of first five-eighths and second five-eighths, respectively.[7][8][9]

Notable second five-eighths [ edit ]

New Zealand All Blacks:

Australian Wallabies:

See also [ edit ]

References [ edit ]

Sources [ edit ]

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