Jockey's pay, interesting info

2MinsToPost · #1 10-12-2006, 09:15 AM

I asked someone who I knew would not BS me (wife of a jockey) how much he gets paid. It works this way - If he wins he gets 10% of 60% of the purse. This is what blew me away, at Beulah second on back - $45. For every Jockey. What kind of expenses do Jockeys have besides the obvious, meaning rent etc.. What kind of expenses in relation to their job?

MISTERGEE · #2 10-12-2006, 09:57 AM

There Biggest Expense Would Be Paying Their Agents I Believe

2MinsToPost · #3 10-12-2006, 10:02 AM

I wonder what Jockey's get paid in other markets?

blackthroatedwind · #4 10-12-2006, 10:04 AM

Quote:

Originally Posted by MISTERGEE

There Biggest Expense Would Be Paying Their Agents I Believe

You think it's cheap to get someone to interpret the comics for you?

#5 10-12-2006, 10:07 AM

Quote:

Originally Posted by blackthroatedwind

You think it's cheap to get someone to interpret the comics for you?

Or to apologize to trainers for the mistakes and promise not to do it again the next time?
Good agents also take donuts to barns of the winning mounts the next morning. I'm not kidding.

MISTERGEE · #6 10-12-2006, 10:11 AM

Ok I Guess I'll Take A Dozen Krispy Kremes, Unless Any Of You Know A Tastier Donut, Ha Ha

paisjpq · #7 10-12-2006, 10:17 AM

Quote:

Originally Posted by MISTERGEE

Ok I Guess I'll Take A Dozen Krispy Kremes, Unless Any Of You Know A Tastier Donut, Ha Ha

dough daddy's on versailles rd couple miles up from Keeneland...

Gander · #8 10-12-2006, 10:17 AM

Krispy Kremes are the worst donuts ever made. Not fit to be called a donut.

#9 10-12-2006, 10:18 AM

Quote:

Originally Posted by MISTERGEE

Ok I Guess I'll Take A Dozen Krispy Kremes, Unless Any Of You Know A Tastier Donut, Ha Ha

Tell you a funny story, I will never forget it. I worked for an owner who had the same tradition. If he had a horse win the next morning he went to the winning barn and brought two dozen doughnuts for the help. One morning we had gone to watch works and he and I and his wife went and got the doughnuts afterwards to bring to the barn of this high profile trainer.
Upon pulling in front of the barn, the grooms and help came running. They were eagerly awaiting the doughnuts. His wife and I sat in the car. His wife is a wonderful person through and through but doesn't say much very often. She made an astute comment and observation while watching the help come running that I never forgot and I never would have thought of. She said "You'd think with all the money this guy makes(meaning the trainer), that he could buy these poor guys some doughnuts every day."

Honu · #10 10-12-2006, 01:22 PM

Quote:

Originally Posted by 2MinsToPost

I asked someone who I knew would not BS me (wife of a jockey) how much he gets paid. It works this way - If he wins he gets 10% of 60% of the purse. This is what blew me away, at Beulah second on back - $45. For every Jockey. What kind of expenses do Jockeys have besides the obvious, meaning rent etc.. What kind of expenses in relation to their job?

25 % to the agent and 10 % to the valet, 35 % right off the top . Then dont forget about uncle sams cut at the end of the quarter.
So lets see you 45 for the ride ,so the agent gets 18 and the valet gets 4.50 and that leaves you with 22.50 hmm dont sound like to much to me.

2MinsToPost · #11 10-12-2006, 02:25 PM

Quote:

Originally Posted by Honu

25 % to the agent and 10 % to the valet, 35 % right off the top . Then dont forget about uncle sams cut at the end of the quarter.
So lets see you 45 for the ride ,so the agent gets 18 and the valet gets 4.50 and that leaves you with 22.50 hmm dont sound like to much to me.

Hey thanks Honu

timmgirvan · #12 10-12-2006, 03:02 PM

My Lord...these people are paid Nothing!! I'm truly aghast. Maybe on the major tracks they're paid better,huh??

Downthestretch55 · #13 10-12-2006, 03:06 PM

Quote:

Originally Posted by timmgirvan

My Lord...these people are paid Nothing!! I'm truly aghast. Maybe on the major tracks they're paid better,huh??

Timm,
For the few that make it to the big tracks there are many that go out each day and risk their lives, injuries...for "peanuts".
It's a tough game.
"Ring of dreams".

2MinsToPost · #14 10-12-2006, 03:07 PM

No wonder some of those Jockeys at Beulah share a "stall / apartment" with hired help.

Rupert Pupkin · #15 10-12-2006, 03:08 PM

Quote:

Originally Posted by Honu

25 % to the agent and 10 % to the valet, 35 % right off the top . Then dont forget about uncle sams cut at the end of the quarter.
So lets see you 45 for the ride ,so the agent gets 18 and the valet gets 4.50 and that leaves you with 22.50 hmm dont sound like to much to me.

The agent would get $11.25, not $18. $11.25 is 25% of $45.

timmgirvan · #16 10-12-2006, 03:18 PM

Wow-they could hit Jack in the Box..instead of McDonald's now!

Honu · #17 10-12-2006, 03:53 PM

Quote:

Originally Posted by Rupert Pupkin

The agent would get $11.25, not $18. $11.25 is 25% of $45.

I guess thats why Im not an accountant. Thanks Rupert sure makes me feel alot better about those 33 dollar jock mounts I rode for , damn I was cheatin myself the whole time and didnt know it

timmgirvan · #18 10-12-2006, 04:01 PM

Time for some Back Pay,Honu??

#19 10-12-2006, 04:14 PM

Beulah park jocks are starving. The only way they make a living is by betting.