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The jockey who rides the winning horse receives 6 percent of the "purse," or the prize in the race. The commission drops to 1 percent for the jockey whose horse places second and half a percent for the third-place finisher, Colton said.

Jockeys also receive a fee, called a jock mount, every time they race. Jock mounts are usually $35 to $50, depending on the purse size.

A successful jockey often participates in more than 1,000 races a year, riding several hundred different horses.

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