The 1000 club

Jockeys and vets make the most money in this industry. Actually way too much.How many trainers get their "chop" from the vet's backhand for services rendered that the owner never knew off but gets the bill to pay? Has the jockey's accounts being checked for all the "chops" they get for winning for owners or the punters they put on?

Titch wrote:

SirPuntalot wrote: We have alot of clued up guys here.
Officially wat is the jockey rate?

R835 pre tax and deductions riding fee and 10% of stake earned

Not arguing with the riding fee but the 10% is just far too much. What financial risk is there to the jockey? I am amazed as to how many owners we still have and all of whom have to foot all of the financial risk. The 10% seems so distorted and then there is the trainer's commission, what financial risk does he have? And then all the spongers in the game who think they add value. Hail the owner.

The Stig wrote: Jockeys and vets make the most money in this industry. Actually way too much.How many trainers get their "chop" from the vet's backhand for services rendered that the owner never knew off but gets the bill to pay? Has the jockey's accounts being checked for all the "chops" they get for winning for owners or the punters they put on?

Are you saying there is Jocks and Trainers that handle their owners? never :whistle:

Mac wrote: Not arguing with the riding fee but the 10% is just far too much. What financial risk is there to the jockey? I am amazed as to how many owners we still have and all of whom have to foot all of the financial risk. The 10% seems so distorted and then there is the trainer's commission, what financial risk does he have? And then all the spongers in the game who think they add value. Hail the owner.

Im sure if you asked the likes of Gerrit Viljoen,Barty Leisher,Jarryd Samuels and in even more tragic cases Craig Magua if the 10% commision vs risk is "just far too much" there would be a decisive difference of opinion, also look outside of the top 20 and see how the income stats drop drastically but sadly the high risk factor remains the same...

2 things

are jockeys underpaid compared to risk YES
are there too many jockeys YES

easy wrote: Titch

R751.5 Gross (after agents 10%) still ensures a pretty high standard of living.

With an agent (i can guarantee this) a jockey can ride 1000 races a year. ill take on any jockey to prove this.

What he/she needs is

good attitude
good ears
trust

Then after expenses (flights and others) they should be in the region of R350k to R400k

now divide that by 12 months thats nett R30k a month

SO unless i am now informed that due to me living abroad for so long um out of touch and R30k a month is not a lot then i think the 5 years apprenticeship does reap rewards.

just my opinion.

Point taken but out of the top 100 riders 7 have managed to amass 1000 rides or more so 7% .......... and that is not including the jocks that don't make the top 100..so investing 5 years plus of ones life in the knowledge that unless you fall into the top 20% of all riders in the country you will never amount to much is imo a huge risk..

easy wrote: 2 things

are jockeys underpaid compared to risk YES
are there too many jockeys YES

At Last ...common ground LOL

easy wrote: 2 things

are jockeys underpaid compared to risk YES
are there too many jockeys YES

There might be too many, but not very many good ones

Bob Brogan wrote:

The Stig wrote: Jockeys and vets make the most money in this industry. Actually way too much.How many trainers get their "chop" from the vet's backhand for services rendered that the owner never knew off but gets the bill to pay? Has the jockey's accounts being checked for all the "chops" they get for winning for owners or the punters they put on?

Are you saying there is Jocks and Trainers that handle their owners? never :whistle:

Trainer messaged me this morning saying he's never read so much shite

Bob Brogan wrote:

Bob Brogan wrote:

The Stig wrote: Jockeys and vets make the most money in this industry. Actually way too much.How many trainers get their "chop" from the vet's backhand for services rendered that the owner never knew off but gets the bill to pay? Has the jockey's accounts being checked for all the "chops" they get for winning for owners or the punters they put on?

Are you saying there is Jocks and Trainers that handle their owners? never :whistle:

Trainer messaged me this morning saying he's never read so much shite

Those kind of nonsensical, uninformed and factless statements don't deserve a response IMO..

So an agent just gets approx r100 ?

That's it.

All that work using formgrids and placing the jock at proper chances and travel arrangements and phone calls for rides and and ...

Dean321 wrote: So an agent just gets approx r100 ?

That's it.

All that work using formgrids and placing the jock at proper chances and travel arrangements and phone calls for rides and and ...

Most agents get a separate 1K per month for their phones and although the norm is 10% some agents get 15% which is roughly R100 or 150 a ride and equates to 120k+ a year and 10% of stakes which is also around 120k and then there are the bonuses ie when Andy won the RTR Cup on Champagne Haze I got a 20K bonus for a horse that I never even had to phone for as it was from his stable and when Gav broke the SA record in June last year I got the same bonus as well as my com for the 42 winners it took to break the record so there are those occasional great months added to this I don't have to get up at all ridiculous hours of the morning, watch my weight nor do I have to ever get on a horse so all in all agents do OK if they can stay away from punting and not treat the income with an easy come easy go attitude...