Horse race is unfortunately not as popular as it is in England and other parts of the world. Still, it is interesting for the fans of horse racing to know exactly how much the horse jockeys earn when they win a race. However, there is a difference in payoff between jockeys who compete in showjumping races (obstacle course races) and jockeys who compete as flat track sprint races (level track races).
In horse racing, it differs per competition how much prize money can be distributed among the winning horses. In one match, maybe 10,000 pounds will be distributed. At the biggest competitions in the Middle East, millions of prize money can be distributed. Only the very best horses are featured in these competitions.
In most races, the winning horse gets 60% of the prize money, second place gets 20%, third place 10%, and the rest is distributed among the places that follow. For example, if a winning horse wins a competition with a prize pool of 100,000 pounds, then the winning horse gets 60,000 pounds. This money is then distributed among the interested persons around that horse.
Often 10% of the money goes to the jockey who rode the horse, and 10% to the horse's trainer. The rest of the money, roughly 80% of the prize money goes to the owner of the horse.
Now you would think, the owner of such a horse walks all the way inside. However, this is not so, horse owners are often rich people who own horses because they love the sport. Often, having horses costs much more than it yields. Especially since horses cost a lot of money in the purchase and maintenance of the animal
Especially online casinos and betting offices who make the most money from the horse race. In return, they are often also the main sponsors in the horse races. This is how the sport sustains itself, because all these parties have an interest in each other.
