$600 in Bonus Bets
Get your first bet matched with up to $600 in bonuses*
$500 Bonus Bet
Sign-up, deposit $500 & receive $500 in bonus bets. That's $1000 to bet with!*
$500 Matched Deposit
Sign-up and get your first deposit matched with up to $500 in bonus bets*
$500 in Bonus Bets
Sign-up and get your first bet matched with up to $500 in bonus bets*
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly

Brett Prebble spent about eight minutes on the back of Melbourne Cup winner Green Moon last Tuesday afternoon and earned $360,000.

Damien Oliver rode Happy Trails to success in the main race at Flemington on Saturday and picked up $60,000.

On most Saturdays in Melbourne or Sydney, the best jockeys will earn more than surgeons, more than the top lawyers and over a year they are capable of taking home about as much as the CEOs of banks.

They also perform one of the most dangerous occupations on earth, not all of them are good at it, many are too fat to get a lot of rides and their careers can be shortened by injury.

But on the risk-and-reward measure, they do alright.

Oliver, who on Tuesday was charged with breaches of the rules of racing that could cost him his licence to print money, has owned bars, businesses, he has an extensive property portfolio and more.

He is, however, one of the best.

But even a good average jockey is able to earn a decent living.

In NSW and Victoria they receive $175 minimum for every ride they take.

With seven-day-a-week racing, 15 or 20 rides a week isn’t a difficult target.

And all will ride a winner one day and be eligible for five per cent of the prize money their horse wins.

An unwritten rule used to exist by which owners paid jockeys – and trainers – an extra five per cent.

Or there would be a nudge and a wink and a suggestion that the owner would have something on for the rider.

Since training costs have risen and economies have taken downward turns, the “extra five” hasn’t been so readily offered.

But some jockeys see it as their entitlement, particularly in the biggest races.

The rider of a recent Caulfield Cup winner, for instance, sent the lucky owners a bill for around $80,000 on top of his five per cent.

Clearly there is big money to be made by good jockeys on good horses.

But some simply can’t help themselves.

Chris Munce, for example, had the job all jockeys strive for, a retainer in Hong Kong.

In a city where he knew a jockey’s every move is monitored by ICAC, Munce ended up in jail for taking money for tips.

Oliver’s indiscretion is a more personal one.

He bet with his own money, presumably, and there’s no suggestion he rode his own horse suspiciously in the race on which he admits he bet $10,000 on the winner.

A lot of detail will come out at next week’s inquiry into Oliver’s bet.

But probably the only answer to the question of why a multi-millionaire wants to risk it all for a comparative pittance will be the simple one.

Because they can.

 
$600 in Bonus Bets
Sign-up and get your first bet matched with up to $600 in bonus bets*
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
  • DEPOSIT $500
    start betting
    with
    $1000*
    CLAIM NOW
  • first bet
    matched
    up to
    $600*
    CLAIM NOW
  • DEPOSIT $50
    start betting
    with
    $200*
    CLAIM NOW
  • first bet
    matched
    up to
    $500*
    CLAIM NOW
*Conditions Apply. Excl VIC, NSW, SA & WA. Gamble Responsibly
* All Offers and Promotions posted in this article exclude NSW residents.
Featured News

Over $5,000 in Bonus Free Bets

Just Horse Racing provides readers with the best Free Bet offers available at every online bookmaker in Australia during the...

So Si Bon claims another victim

Serial biter So Si Bon has had another racing ban placed on him after infringing for a third time at...

Winx’s unraced brother retired to stud

The half brother to champion mare Winx by record breaking stallion Snitzel has been retired to stand at stud. Winx’s...

Santa Ana Lane claims Group One Goodwood

Anthony Freedman has trained his second Adelaide Group One winner in as many weeks when Santa Ana Lane claimed the...

Ben Currie stablehand given 18-month ban

A Toowoomba stablehand has been disqualified for 18 months on race day treatment charges. Greg Britnell was found guilty of...

Doomben Cup Results and Replay – 2018

View the results and replay for the 2018 Doomben Cup. The Doomben Cup was raced at Doomben racecourse on 19/5/2018....

The Goodwood Handicap Results and Replay – 2018

View the results and replay for the 2018 The Goodwood. The Goodwood was raced at Morphettville racecourse on 19/5/2018. Replay:...

 
 
 
Copyright © 2017 Just Horse Racing.
All rights reserved.

Gamble Responsibly 18+
*State exclusions apply to some offers. Please check T&Cs of each offer with the bookmaker. All Offers Exclude NSW residents.