Jockey's pay, interesting info

[Honu]

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]

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]

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

[Downthestretch55]

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]

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

[Rupert Pupkin]

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]

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

[Honu]

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]

Time for some Back Pay,Honu??

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