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Owner/Jockey Split Money

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Last activity 2016-08-12 9:22 PM
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1DSoon
Reg. May 2009
Posted 2016-08-11 4:05 PM
Subject: RE: Owner/Jockey Split Money





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Location: Not Where I Want to Be
Jazz's Girl - 2016-08-11 4:51 PM
scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long
When I let a youth rider run my mare, I hauled the horse, she paid the entry fee and kept anything she won. I felt it was fair.

 Did you take her milk money also? 

 
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horsiace1025
Reg. Aug 2012
Posted 2016-08-11 4:06 PM
Subject: RE: Owner/Jockey Split Money


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I really think it depends on who is benefiting from the situation. There are of course cases where you send your horse to a trainer for them to "teach" the horse plus hopefully earn some money for your horses reputation. Then there is the "Can I barrow your horse?" then there is the "I don't have money to pay you, but will you please run my horse for me if I pay everything?" I have been in each situation. Obviously, in the first one, the jockey would get a set percentage of winnings, usually 50% after fees. In the 2nd one, the owner should not have to pay anything, and of course if it is a long term deal I would expect to get some winning %. In the 3rd case, The owner would have to pay everything and possibly let the rider keep whatever they win, since they are not being compensated for their time unless they win.
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GLP
Reg. Oct 2013
Posted 2016-08-11 4:54 PM
Subject: RE: Owner/Jockey Split Money


I just read the headlines


Posts: 4483
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1DSoon - 2016-08-11 4:05 PM

Jazz's Girl - 2016-08-11 4:51 PM
scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long) 
When I let a youth rider run my mare, I hauled the horse, she paid the entry fee and kept anything she won. I felt it was fair.

 Did you take her milk money also? 

 

What was unfair? The kid only has to pay her entry fee and she gets to keep all her winnings. Sounds pretty darn fair to me.
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1DSoon
Reg. May 2009
Posted 2016-08-11 5:58 PM
Subject: RE: Owner/Jockey Split Money





20001001002525
Location: Not Where I Want to Be
GLP - 2016-08-11 5:54 PM
1DSoon - 2016-08-11 4:05 PM
Jazz's Girl - 2016-08-11 4:51 PM
scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long
When I let a youth rider run my mare, I hauled the horse, she paid the entry fee and kept anything she won. I felt it was fair.
 Did you take her milk money also? 



 
What was unfair? The kid only has to pay her entry fee and she gets to keep all her winnings. Sounds pretty darn fair to me.

 mea culpa

I read it wrong. 


 
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rockinas
Reg. Sep 2003
Posted 2016-08-11 9:55 PM
Subject: RE: Owner/Jockey Split Money



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Location: You never know where I will show up......
This is my first year having a jump rider for a really nice futurity horse  I trained, that I have a personality/style clash with, when it comes to running her. 
I keep the horse here, pay for everything and keep the horse fit, haul the mare to the shows (since I am running my own horses anyway). 
Jump rider just runs the mare and we split half over my show expenses. 
It's been working out really well.  My horse loves this girl and has been winning.  I am getting my show expense paid for, the mare is getting a resume, and as long as they keep winning, the jockey is getting paid really well to get to do the fun part of running her!
 
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Kaye
Reg. Oct 2006
Posted 2016-08-12 12:17 AM
Subject: RE: Owner/Jockey Split Money




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swd - 2016-08-11 9:55 AM I am curious about the reasoning. If it is just a jockey situation I can see some sort of split to pay rider. However, if I am already paying for training and paying all expenses and entry fees, why would I also have to give up 50% of winnings? Due to high amount of expenses, those winnings are only way to recoup investment. I am only asking because at the racetrack the owner keeps the winnings. Trainer gets their monthly fee since that is what they are paid to do and jockey doesn't have a monthly stipend so they get 10% of winnings.

 I've never heard of a trainer getting nothing. I think 10% is a standard average in the horse racing world. 
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cowgalsissy
Reg. Dec 2008
Posted 2016-08-12 7:58 AM
Subject: RE: Owner/Jockey Split Money



Too Skinny


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rockinas - 2016-08-11 9:55 PM This is my first year having a jump rider for a really nice futurity horse  I trained, that I have a personality/style clash with, when it comes to running her. 

I keep the horse here, pay for everything and keep the horse fit, haul the mare to the shows (since I am running my own horses anyway). 

Jump rider just runs the mare and we split half over my show expenses. 

It's been working out really well.  My horse loves this girl and has been winning.  I am getting my show expense paid for, the mare is getting a resume, and as long as they keep winning, the jockey is getting paid really well to get to do the fun part of running her!
 

What happens if the horse does not come out of the run sound. As the owner are you 100% responsible for all fees involved?

 
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rockinas
Reg. Sep 2003
Posted 2016-08-12 8:20 AM
Subject: RE: Owner/Jockey Split Money



Best of the Badlands


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Location: You never know where I will show up......
cowgalsissy - 2016-08-12 7:58 AM
rockinas - 2016-08-11 9:55 PM This is my first year having a jump rider for a really nice futurity horse  I trained, that I have a personality/style clash with, when it comes to running her. 

I keep the horse here, pay for everything and keep the horse fit, haul the mare to the shows (since I am running my own horses anyway). 

Jump rider just runs the mare and we split half over my show expenses. 

It's been working out really well.  My horse loves this girl and has been winning.  I am getting my show expense paid for, the mare is getting a resume, and as long as they keep winning, the jockey is getting paid really well to get to do the fun part of running her!
 
What happens if the horse does not come out of the run sound. As the owner are you 100% responsible for all fees involved?



 

Well it is my horse, so yes, I would have to pay for that.
With that said, that horse could come out of a run unsound just as easy if *I* were the one running her, as it could with my jump rider running it. 
Sometimes things happen.  Anytime I send a horse down the alley, whether I am the one running it, or someone is running it for me, that is a risk I take. 
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Jazz's Girl
Reg. Apr 2013
Posted 2016-08-12 8:31 AM
Subject: RE: Owner/Jockey Split Money


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1DSoon - 2016-08-11 4:05 PM

Jazz's Girl - 2016-08-11 4:51 PM
scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long) 
When I let a youth rider run my mare, I hauled the horse, she paid the entry fee and kept anything she won. I felt it was fair.

 Did you take her milk money also? 

 

I sure did. I made her pay for farrier, supplements and feed for the horse too. And when she didnt win, I took her back to the trailer and beat her with a bamboo pole. For some reason she kept asking to borrow the horse? I cant figure it out.

In all seriousness, I had no issues with her running my mare, she liked her, the horse worked good for her. And in all honesty she rode her better than me! But anything she won, she got to keep.
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cowgalsissy
Reg. Dec 2008
Posted 2016-08-12 8:43 AM
Subject: RE: Owner/Jockey Split Money



Too Skinny


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Location: LA Lower Alabama
You have to think of all scenarios so it helps to see everyone's opinions 
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gosweetfancy
Reg. Mar 2014
Posted 2016-08-12 4:12 PM
Subject: RE: Owner/Jockey Split Money


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with the cutting horses,
we pay all expenses and entry fee
whatever money is won with the trainer showing, he keeps 20% of it
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IRunOnFaith
Reg. Dec 2009
Posted 2016-08-12 4:39 PM
Subject: RE: Owner/Jockey Split Money



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scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long

I believe she needs to pay fees and needs to let you have a cut. Regardless of a kid riding the horse or not, what if for some reason your horse ends up hurt while she was riding? It's a risk every time we ride. She needs to pay you for letting her ride the horse. Familiy friend, child, etc. The horse is finished and isn't just a pet who sits around. The horse has a job and does it well it sounds like.  I would feel more comfortable taking part of the winnings and putting it toward the care of the horse. But that just my two cents.  
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mollibtexan
Reg. Jan 2007
Posted 2016-08-12 5:42 PM
Subject: RE: Owner/Jockey Split Money



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50/50 less entry fee
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scwebster
Reg. Mar 2013
Posted 2016-08-12 8:49 PM
Subject: RE: Owner/Jockey Split Money



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Posts: 2128
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IRunOnFaith - 2016-08-12 4:39 PM

scwebster - 2016-08-11 10:50 AM
IRunOnFaith - 2016-08-10 4:58 PM
scwebster - 2016-08-10 3:00 PM Does the same still apply if you are an owner providing a quality mount to someone who is not yet established...
Is the mount established? I know you said the mount was quality, just asking. 



I would think it would change things if  the non established jockey came to you asking but I think the same would apply if you went to the non established jockey asking.



But that's just my thoughts on the matter.

Great question! 
 
Well in this case a kid just getting into barrel racing has learned on my nice finished horse. I dont have a problem with her entering on him as I know he will take care of her.. but should I expect them to pay the entry fees and split any winnings....or they keep winnings...   (We havent come to this bridge yet but I feel we will get there before long) 

I believe she needs to pay fees and needs to let you have a cut. Regardless of a kid riding the horse or not, what if for some reason your horse ends up hurt while she was riding? It's a risk every time we ride. She needs to pay you for letting her ride the horse. Familiy friend, child, etc. The horse is finished and isn't just a pet who sits around. The horse has a job and does it well it sounds like.  I would feel more comfortable taking part of the winnings and putting it toward the care of the horse. But that just my two cents.  

That sounds fair. The horse would be doing most of the work being that he is the experienced one in the equation. Any money split would go towards his care. Thanks for your input :)
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DashNSpeckles
Reg. Aug 2013
Posted 2016-08-12 9:22 PM
Subject: RE: Owner/Jockey Split Money



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Kaye - 2016-08-12 12:17 AM

swd - 2016-08-11 9:55 AM I am curious about the reasoning. If it is just a jockey situation I can see some sort of split to pay rider. However, if I am already paying for training and paying all expenses and entry fees, why would I also have to give up 50% of winnings? Due to high amount of expenses, those winnings are only way to recoup investment. I am only asking because at the racetrack the owner keeps the winnings. Trainer gets their monthly fee since that is what they are paid to do and jockey doesn't have a monthly stipend so they get 10% of winnings.

 I've never heard of a trainer getting nothing. I think 10% is a standard average in the horse racing world. 

Agree. The trainers I know get 10%.
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