Ever wondered how much money jockeys really take home? While they’re often seen racing on TV or at the racecourse, many people are unsure how their pay works or how much they might earn.
This blog post explores average salary figures in the UK, how jockeys are paid per ride, what prize money really means, and the differences between flat and jumps racing. There’s also a closer look at what apprentice jockeys receive, how top riders’ earnings compare, and other sources of income.
You’ll also find an overview of typical costs, deductions, and how pay can change across the season. Whether you’re following horse racing or just curious, this guide gives you a clear understanding of a jockey’s possible earnings, while highlighting the importance of staying well-informed and gambling responsibly.
Average Salary Range For Jockeys In The UK
Jockey pay varies widely, depending on how many rides they get, their level of experience, and their record on the track. Most professional jockeys in the UK are self-employed, so income can rise or fall from one year to the next.
A large number of licensed jockeys might earn between £15,000 and £30,000 a year. This covers ride fees and a share of prize money, but is before costs such as travel, equipment, and paying agents or valets.
Those who ride regularly and win more races could see their annual income rise to around £40,000–£60,000. Only a small group of top jockeys, who win major races and ride for leading trainers, may earn much more, sometimes over £100,000 a year.
Earnings can look impressive at the top, but many riders face high expenses and long periods with fewer rides. So where does that money actually come from?
How Much Do Jockeys Earn Per Ride?
In practice, most income is tied to each ride and what it returns. There are two main ways a jockey is paid per ride: a set fee for riding the horse, and a percentage share if that horse finishes in a prize-winning position.
Ride Fees and Winning Percentages
Every time a jockey rides in a race in the UK, they receive a standard riding fee. As of 2024, this fee is around £164.25 for flat races and £223.48 for National Hunt races. These figures may be adjusted each year and can differ for apprentice or conditional jockeys.
On top of the ride fee, jockeys are paid a percentage of any prize money earned if their horse places in the race. Better results can increase a jockey’s income, although the sums depend on finishing position and the size of the prize fund.
Prize Money Share Explained
Prize money is divided between several parties, including owners, trainers, and jockeys. Usually, jockeys receive a set percentage of prize money: around 6.9% for a winning ride and approximately 3.45% for placed horses in flat racing. National Hunt jockeys may receive around 8.96% of the winner’s prize and 4.48% for a place.
These percentages are based on current industry guidelines and might vary depending on the race or specific agreements. Standard deductions are made before the jockey receives their share, reflecting the sport’s agreed frameworks and contributions.
How Much Do Apprentice Jockeys Get Paid?
Apprentice jockeys are trainees in flat racing, usually working under the guidance of experienced trainers. Their earnings differ from those of fully licensed professionals, as apprentices are still learning and building their careers.
Apprentices receive a reduced riding fee, which for 2024 is around £117.80 per ride. They may also earn a smaller share of any prize money if their horse places in a race. In most cases, part of an apprentice’s income is paid to their trainer, who helps cover training and support costs.
Wages can include a regular allowance or salary from the trainer, but the main sources remain riding fees and prize percentages. For many, annual earnings are modest during the apprenticeship period, reflecting limited experience and the focus on development.
As skills and contacts grow, so does earning potential.
How Much Do Top Jockeys Earn?
Top jockeys in the UK can earn significantly more than average riders, mainly because they secure more rides, often partner with well-known trainers, and win larger races with higher prize funds.
Annual earnings for leading jockeys may surpass £100,000 and can sometimes reach several hundred thousand pounds. This total comes from riding fees, prize money shares, and bonuses from major wins.
Some top riders might also be paid for sponsorships, media work, or retainers from owners and trainers who want regular access to their services. These extra income streams can lift a jockey’s overall earnings further.
Only a small number reach these figures. For most professionals, income is much lower. Earnings also depend on the type of racing they focus on.
Income Differences: Flat Racing Vs National Hunt
Jockeys in the UK compete in either flat racing or National Hunt (jump) racing, and earnings may differ depending on the code.
In general, National Hunt jockeys receive a higher standard riding fee compared to their flat counterparts. However, flat racing often features more fixtures throughout the year and, in some cases, larger prize funds at major meetings.
Prize money percentages for jockeys may vary slightly between the two codes, with jump jockeys usually taking a slightly larger share from winning rides. Even so, total annual earnings are shaped by ride volume, results, and personal arrangements with trainers or owners.
Both flat and National Hunt jockeys face similar costs and deductions, which can have a significant impact on overall income. The way a jockey is contracted also plays a role.
How Do Retained Contracts And Freelance Work Affect Pay?
Jockeys in the UK may work on a retained contract or as freelancers. These arrangements influence how much a jockey earns over a season.
A retained jockey has a formal agreement with a trainer or owner, who pays a regular fee in return for first call on the jockey’s services. This retainer provides steady income, plus riding fees and shares of prize money on top. The trade-off is prioritising rides for those connections.
Freelance jockeys do not have exclusive contracts and can accept rides from any trainer or owner. Their income depends on how many rides they secure and how successful they are. Freelancers enjoy flexibility but often face greater uncertainty around steady work and earnings.
Both paths come with financial pros and cons, and the choice often reflects opportunity and career goals. Either way, headline figures are only part of the picture once costs are considered.
Typical Costs And Deductions For Jockeys
Although a jockey’s earnings may appear high, their income is reduced by a number of regular costs and deductions.
Jockeys are usually responsible for their own work expenses. This includes travel to and from race meetings, which can add up over a season. They also need to buy and maintain specialist equipment such as saddles, safety gear, racing silks, and boots.
Agents and valets are often paid a set percentage or fee for helping jockeys secure rides and prepare for races. Standard deductions from riding fees or prize money to pay these support staff are common.
There are also set deductions towards industry funds, such as payments to the Professional Jockeys Association, insurance, and pension contributions. Jockeys are responsible for their own tax and National Insurance payments as they are generally self-employed.
All these expenses mean take-home earnings are often much lower than headline totals. Even with careful planning, income can still ebb and flow across the year.
How Variable Is A Jockey’s Income Through The Season?
A jockey’s earnings rarely stay the same throughout the year. Income often changes from month to month, depending on the racing calendar, how many rides are available, and demand for each jockey’s services.
The busiest periods for flat or National Hunt racing can bring more opportunities and higher income, while quieter months or off-seasons may see a drop. Injuries or suspensions can also mean a sudden decrease, as jockeys are only paid if they ride.
Freelancers may be especially affected by these fluctuations because they rely on volume of rides. Even those with retainers experience seasonal shifts, though the base income can smooth out some of the dips.
This uncertainty is one reason many riders look beyond the saddle for additional income.
Other Income Sources For Jockeys
Besides ride fees and prize money, jockeys may earn extra income from a few different sources.
Some jockeys sign sponsorship deals, which can include wearing branded clothing or appearing in adverts. High-profile riders may also take part in media work, such as television or newspaper features, which provides additional payment.
Certain jockeys receive appearance fees or bonuses for riding in specific races or attending events. A small number might also help with coaching, give talks, or lead racecourse tours, which provides supplementary earnings.
These additional sources can help smooth out the quieter periods, but amounts vary widely depending on a jockey’s profile and demand for their time. If you’re following racing with us and choose to place a bet, use the safer gambling tools in your account to set limits and manage your play.
