How much does the trainer get for winning the Kentucky Derby?
It stood at $2 million from 2005 to 2018, before increasing to $3 million this year. “It’s the most exciting emotional day I can ever remember.” The winnings go to the horse’s owners, who then generally distribute some of the prize money to the winning jockey and perhaps some other members of the team.
What percentage of the purse do trainers get?
Jockeys will then pay their agents from their winnings and mount fees, usually up to 25%. Owners are responsible for paying their trainers the agreed-upon amount for their services, usually on a monthly basis. Trainers also receive a share of a winning race purse.
What does a trainer do in horse racing?
Responsibilities. In horse racing, a trainer prepares a horse for races, with responsibility for exercising it, getting it race-ready and determining which races it should enter. Leading horse trainers can earn a great deal of money from a percentage of the winnings that they charge the owner for training the horse.
How much does it cost for a horse trainer?
For the average trainer, who is able to solely train horses, 4-6 horses is about maximum. That would be between 1-2 hours a day with each horse. The total “profit” made for 4-6 horses is $1200-$1800 a month to pay the bills.