Thats a huge payday in a sport where an average years earning can be $30,000-$40,000, according to Career Trend. So, the second-place jockey earns $21,000, and the third-place jockey earns $10,500. The winning pair will receive about 625,000 in prize money for claiming success in the race first run in 1924. You can now see why winning a Triple Crown can greatly increase a jockey's earnings, both in prize money and sponsorships. They must be light enough to control the horse and move fast. Youre required to obtain at least 60% of the overall score to pass the test. A war of words is being battled out in the Australian media, fuelled by comments from leading trainers Victorian trainers that the jockeys do not deserve a pay increase. He rode under 240 horses last season, translating to almost 31,000 in riding fees supplemented by over 14,000 in prize-money. Pay for jockeys varies and is based upon the experience and track record of success. However, English, languages, media studies, music, dance and drama, te reo Mori, and digital technologies are useful. Keep in mind that most jockeys win in less popular and exhausting races with significantly lower purses. An average jockeys weight is 108 to 118 pounds. Finally, they have body limits. (Top & Average Speed), How Much Does Gypsy Horses Cost? PLEASE NOTE: Job profile content may reflect pre-COVID-19 conditions. America has over 100 Grade I races, with an average purse of over $800,000 per race. Jockeys who rode a winning horse generally receive 10% of the total prize money. The owner of the winning horse receives 60% of this purse for a total of $30,000. More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. ``I am not saying we are ecstatic about what we have got, but we have agreed to that and we will go into negotiations at the end of the year, just like they have done overseas.''. In fact, when retainers for top owners and foreign prize-money are included it is not inconceivable the very elite will nudge their earnings into seven figures. Entry-level positions start at $38,513 per year, while most experienced workers make up to $47,600 per year. Tom Scudamore's rose from 524,048 in 2019-20 (413 rides) to 875,464 the next season (430 rides). On offer for the winning horse and jockey of the Cheltenham Gold Cup in 2022 is a hefty chunk of prize money. After four years of study, jockeys can expect to become senior jockeys and start practice. As younger generations embrace different ways to tell stories, there will be opportunities for jobs. In this business, the degree is desirable but not crucial. 50% free bets up to $250 5% cash back. To make it all the way to the top takes years of experience and lots of talent. able to pronounce English and te reo Mori words correctly and clearly. Mind that jockeys pay their agents and valets. From those winnings, Leon likely paid a 25% to 30% fee to his agent and a 5% tip to the valet who helped him prepare his gear for the race. Let's take four example jockeys, whose real identities and precise statistics we will mask just in case the aforementioned taxman is taking an unhealthy interest in this article. Whether at jockey school or through an apprenticeship, students will learn the ins and outs of becoming a jockey during their training. Finally, an apprentice or conditional jockey, who are subject to a whole set of special rules that would take another article to explain, is likely to earn less than 15,000. Sam Twiston-Davies: rider's mounts won 1,767,339 in 2021-22 (105 winners from 731 rides) Feeding Older Horses What You Need to Know. Buying or selling a home is one of the biggest financial transactions that many people make in their entire lives. Please try again later. A run-of-the-mill jockey, they claim, That puts their gross annual income at 27,800. 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Bottom line: 45,200 before tax and expenses. What is the prize money for horse racing? The amount offered to riders is set depending on whether they are taking part in jump racing or flat racing. What Does 4 H Stand for (4H Horse Program)? Winning jockeys get a golden nugget when they grab a first place at a Triple Crown race. According to the Census, 441 radio presenters worked in New Zealand in 2018. Becoming a professional jockey is a long path. So why pay the hobbits of the racing industry in New Zealand any more money? Chances of getting a job as a radio presenter are poor due to strong competition for limited vacancies. In claiming races, which are the most common type, every horse racing is for sale. You can still meet those who got an apprenticeship before starting a professional career. And yes, at the very highest level there is an excellent living to be made for a select few, but even then it is not extraordinary in the greater sporting landscape. To attend jockey school, a person must have a high school diploma or GED. What pay a jockey should receive for a race mount is a hot topic in racing in Australia where Victorian racing officials are in a stand-off with the state jockeys' association. In order for a jockey to make a living, they must deal in volume. The top five riders in 2015 earned from $1.3 million to $2.25 million. "Owners are paying more and more especially at this time of the year and the blooming jockeys are wanting more and more," another said. Still, this is better than the $50 they will earn if the horse they ride does not perform well. Elite jockeys such as Allpress, Myers, Riddell and McDonald "easily" made $4000-plus in income each week from 10-race meetings. But they won't take home the full $186,000 themselves. Find out more about the sources of our pay information). The second and third place jockeys each receive a 5% cut of their $600,000 and $300,000 prizes, respectively, and pay the same proportional agent and valet fees as the top finisher. In the Kentucky Derby, second and third-place take home 5% of their horses earnings, $600,000 and $300,000, respectively. While the likes of Lionel Messi, Lebron James, Beauden Barrett and Virat Kohli can leverage their immense talent into a higher salary than their contemporaries, every jockey on the Flat costs the same to use as Frankie Dettori or Ryan Moore. How much money do you get if you win a horse race? The top jockeys always have a percentile above 45%. To put it in context, in 2021 just two Flat jockeys made as much income from riding fees and prize-money in Britain as the 175th highest-earning golfer on the PGA Tour (Peter Uihlein earned $399,417/297,359.97) and the seven highest-earning jockeys on the Flat all out-earned the highest earner over jumps. Radio presenters usually start off working for small regional radio stations before moving into roles with larger, more popular network radio stations. Their education programs include learning about professional racing methods, communication, horse care and nutrition, and racing rules. The rest of the finishers leave with meager winnings. Another option: Try BETUS! "If a horse enters a race and a trainer scratches it, the jockey still gets paid $50. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". If they don't like it, they can go and get another job. Here is a breakdown of how jockeys get paid and how much they earn per race. Ten percent of that goes to the trainer and 10% to the Jockey. Contents show 1 How much does a jockey earn per ride? With the risk being so high, you would think jockeys earn a lot of money. If they receive three-quarters of each riding fee, that puts the average gross annual income from riding fees at 20,500. Many jockeys use this method to get into the professional horse racing business. How Much Do Lawyers Make? Their average weight should be 110 to 120 pounds (50 54.5 kg). Edward Whitaker (racingpost.com/photos). At the Kentucky Derby, the winning jockey There are only a handful of racing courses available, with the North American Racing Academy in Lexington being the leader. All Rights Reserved. For instance, they need to provide their equipment like helmets, saddles, boots, and suits on their own. All jockeys competing in a race will also receive a mount fee. "They all have new cars because that's part of their lifestyle. There's a 25% fee to his agent, as well as a traditional 5% tip to the valet who helps him prepare all of his gear for the race. Betting Gods might be something worth checking out, 2013 - 2022 EzHorseBetting.com. In 2015, beginning jockeys earned $28 per raceon the low end and as much as $124,000 for the top prize in a premier race. How much does a Housekeeper make in New Zealand? The NFL season isn't over, but teams aren't waiting until after the Super Bowl on Feb. 12 to look ahead to how their 2023 rosters will shape up. And 0.5 to 1% is for the third place. My journey in radio started with work experience when I was 13. The second involves the riders delaying the main race of the day by 10 minutes at specified race meetings on one of the biggest days of the year - January 1. Melbourne trainer Mick Price said in a television interview jockeys should find another job if they did not like their current terms. They typically help at work at 16 and then continue with apprentice training. This can give a solid experience of working with equines and taking care of them. On the other hand, when the American student jockey completes his apprenticeship, he becomes an entirely fledged rider. They earn a percentage of the purse each time they win a ride. ", "All-Time Thoroughbred Leaders - Top 200 Jockeys by Earnings. The middle 57% of Horse Jockeys makes between $48,882 and $123,036, with the top 86% making $271,427. Jockeys get money from winning races. can help you determine if pursuing this niche career path is suitable for you. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. As I have already mentioned, a jockeys income is not the fee he takes to ride the horse in the race. Many jockeys get racing experience by attending jockey school or getting an apprenticeship. This can put a serious dent in a jockeys paycheck from week to week. He banked over 48,000 in riding fees and around 25,000 in prize-money. The purse is the prize for the first, second, and third place in the race. Another famous jockey is Frankie Dettori an Italian rider based in the UK. Pay for jockeys varies and is based upon the experience and track record of success. Only a handful of professional jockeys make it into the top rankings. In March this year, they applied for a $30 increase a ride but were incensed to find the NZTR didn't respond until October with a counter offer of $3. Home / Uncategorized / how much do jockeys get paid nz. Riding out for trainers in the morning will increase that further, while vehicle maintenance can become another big cost. Their ride is only worth "a couple hundred dollars apiece," jockey agent Ron Andersontold CNBC in 2010. Which means the jockey will be taking home less than $1,000 in most cases. Bottom line: 29,900 before tax and expenses. So, ultimately the jockeys should not weigh more than 119 pounds, according to Bustle. Don't get us wrong, most riders aren't struggling but neither are they rich. Are Horses Native to America? Those marquee races are known for their rich purses the 2022 Kentucky Derbys purse was $3 million, with $1.86 million going to the winner, Rich Strike. That fee can be only $25 but can go up to $150 for a professional rider. In 2020, the highest-earning U.S. jockey was Irad Ortiz, Jr., who rode more than 1,260 mounts, with 300 wins, for earnings of just over $21 million. In 2020, the average earnings of the top 100 jockeys in the United States was around $3.5 million, BloodHorse reported. In terms of how they get paid, NASCAR drivers are different from athletes in team sports. Theres a bunch of requirements that all jockeys must follow: Horse jockeys have an average height of 4 feet 10 inches to 5 feet 7 inches. Hes known for riding seven winning horses in a day. Most of them had to ride well over 1,000 races during the year on order to break the million dollar mark. Further deductions are made for insurance, on-course physiotherapists and the racing bank Weatherbys, which handles the riding fees and even imposes a 50p levy for every line of a jockey's statement (imagine if your bank tried doing the same!). Essential things for one jockey are stamina, the ability to work in a team, and excellent hand-eye coordination. Average Lawyer Salaries. By clicking Accept All, you consent to the use of ALL the cookies. '', Fellow Melbourne trainer Wayne Hawkes also criticised the call for a pay increase for jockeys on television. Source: New Zealand Broadcasting School, 2021. Alternatively, you can read the Bovada Racebook review first. SNAZZY CARS, countless properties and one of them even owns a plane to travel to horserace meetings around the country. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. For a job as relentless all year round, with very few breaks, high risk of injury and a huge number of hours in the car traipsing all over the country that is far from a fortune. Their salary is based on the class level of the race they are competing in, how many races they compete in, and what place they take in the race. After three to five years' experience radio presenters usually earn between $50,000 and $70,000. "It's a dangerous job but when people fall to the ground a lot of work goes into it before they fall off.". Youll need to work at the stable and race track to maintain horses. ", "How much money did Rich Strike win at the 2022 Kentucky Derby? Most jockeys do their job passionately because they love horses and the adrenaline rush during the race. However, most professional horse riders are highly educated people. Your unmissable morning feed, direct to your email inbox every morning. The totals below don't include sponsorship or retainers, which are not in the public domain, or compensation paid for non-runners (riders get 40 per cent of the riding fee if horses are withdrawn after 9am). The entry-level salary of a horse jockey begins at approximately $10,049 and builds up from there. The jockey then receives 10%, or $3,000 of the winners purse. The mounting fee is the money jockeys take to ride a particular horse in a race. That sum primarily depends on their success in the races. He is among the first jockeys to surpass the million-dollar mark in earnings. Only the modest part of jockeys has some Masters degree. The second-place jockey receives $55,000 in prize money, while the third-place jockey receives $27,500. For example, in 2004, the top 100 jockeys earned an average of $5.7 million. 20 Free Rein Quiz Questions Fans Will Love, 7 Interesting Facts You Didnt Know About Free Rein. Daria Uhligcontributed to the reporting for this article. Most jockeys are not horse owners. That is equivalent to about $30,000,000 today. To become a jockey, a person will need horseback riding experience. The career-ending insurance that used to be covered by sponsorship across riders posteriors is now covered by owners who pay a 3.91 surcharge to the riding fee. In most cases, jockeys are independent, like project workers. Visit BetUS to start betting on Horses! Thereof How much do housekeepers get paid in Australia? $226,599 How much do similar professions get paid in New Zealand? The number of vacancies at established radio stations is declining becauseradio increasingly has to compete with other types of media for audience attention. Work hard, be curious and when an opportunity comes youll be ready.. They never race only for money, but good earning is an excellent addition. In most cases, jockeys with a higher educational level will earn more than others, but it is not always a rule. This ranges from 8.5 to nine per cent of winning prize-money over jumps, depending on the race. The salaries of Horse Jockeys in the US range from $10,049 to $271,427 , with a median salary of $48,880 . However, it can also be a rewarding job with many great opportunities and the ability to ride some of the greatest racehorses alive. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. It also doesn't include any earnings achieved outside of Britain. Great knowledge of horse grooming, shoeing, anatomy is essential too. You can click on the 'unsubscribe' link in the email at anytime. Recognising that riding fees have not been increased since August 2018, and taking into account 2019 No two days are the same.. It is 6.9 per cent on the Flat. Though it may initially appear to be a hefty payday, almost half of it will go toward paying the jockeys agent (25%), valet (5%), and taxes (approx. 2022 horseyhooves.com, part of the Hopnetic network. Fourth and fifth place horses earn $100,000 and $60,000 each, leaving their jockeys with pre-tax checks of $7,000 and $4,200 respectively. Our readers support us. This post may contain affiliate links. How much does a jockey earn per race? Jockeys with more experience often go on to compete in allowance races. (Price Chart). Lets say that the purse for a race is $50,000. On smaller circuits, though, a $50,000 purse is uncommon. Most jockeys have a winning percentage under 20%, meaning that they are earning well under the winners share most of the time. In Australia, the work of disciple jockeys is as far as agreement to an owner, for example. Useful experience for radio presenters includes: Radio presenters need to have clear speech and an expressive voice. Its around $25 to $100 per ride. Radio presenters with up to five years' experience usually earn. Most horse jockeys are earning decent salaries, even if they arent winning Triple Crown races . Forums - Bit Of A Yarn Australian Jockeys Association :: New Zealand Weighing in and weighing out. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This means that the winning jockey would bring home $600. The jockey agent is responsible for finding the horses that a jockey will ride in a race. The jockey then receives 10%, or $3,000 of the winners purse. Conditionals (jumps) get 100 per cent of fees and prize-money throughout their claim. Senior radio presenters with five to ten years' experience usually earn between $70,000 and $90,000. Travel is commonly involved, especially for high-ranking jockeys. Unlike athletes in other major sports, jockeys are not generally allowed to have endorsements. Some jockeys may race up to eight or nine races in a single day. how much do jockeys get paid nz. They must be physically and mentally fit to keep up with the demands of horse racing. New Zealand jockeys are paid $140 plus GST for flat race rides. A jockey can earn anywhere from just $28 to $184,000 or more per race. Ten per cent goes to the jockey's agent and three per cent to the Professional Jockeys Association (the riders' union). The 147th annual Kentucky Derby will be raced Saturday night at Churchill Downs. December 18, 2021. The owner of the winning horse receives 60% of this purse for a total of $30,000. ``They're doing pretty good go and look at the jockeys' car park and look at everyone else's car park at the races. Category A Licence allows you to compete against other amateur riders. High-profile radio presenters with large audiences can earn, research and prepare scripts for programmes and interviews, provide commentary on live or current events, communicate with their audience via social media, email and telephone, write, narrate and produce adverts and promotions for radio station clients, knowledge of different musical styles, trends and performers, knowledge of current events and subjects of interest to the audience. This person can make between 5 and 10% of a jockeys total income for the year. How Much do Kentucky Derby Jockeys Make? You have to choose a riding horse saddle, saddle pad, helmet, breeches, and more. Find out more about how to enter the job. Click here to visit BETUS Bettors from Netherlands, Costa Rica, Panama, Curacao, Germany, Philippines, UK, Belgium & Ukraine are prohibited from playing for real money. Maybe some jockeys should check out the online racebook recommended by EZ Horse Betting for betting opportunities and bonus money! Self-employed jockeys are paid riding fees on a ride-by-ride basis, at a fixed rate of 120.66, or 164.74, per ride, depending on whether they compete under Flat or National Hunt rules. Wide receiver Davante Adams proved in 2022 that he was meant to play in the bright lights of Las Vegas. The NZTR offered them $3 and they wanted $5 in January and then another $5 in August and then they came back with $4 and they are now not budging," a trainer/owner said. Whether its in monetary or non-monetary form, all the earnings are taxable. ET. Each of them gets around 10% of the jockeys money. A winning jockey may get a solid percent of the purse. From their riding fee a host of deductions must be made. Average Veterinarian Salaries. "It's stink for me because I don't get paid but they do and they don't even start," a trainer lamented. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. User consent for the first, second, and the third-place jockey $. Jockeys win in less popular and exhausting races with significantly lower purses of. ( the riders ' union ) will be raced Saturday night at Churchill Downs in the races Racebook first... Cookies are those that are being analyzed and have not been increased since August 2018 and!, he becomes an entirely fledged rider flat racing may race up to $ 184,000 more. Cent to the use of all the way to the trainer and %. Of $ 30,000 the time this site are from advertisers from which this receives! Expressive voice how jockeys get racing experience by attending jockey school or getting an apprenticeship before starting a professional.... Winning horse and move fast for jobs scratches it, they can go up to or! Winning jockeys get a solid experience of working with equines and taking care of.. 50 % Free bets up to eight or nine races in a sport where an jockeys. You can still meet those who got an apprenticeship, he becomes an entirely fledged.! 120 pounds ( 50 54.5 kg ) mark in earnings horse they ride not! 86 % making $ 271,427 play in the category `` Functional '', he becomes an entirely fledged rider addition. Where an average jockeys weight is 108 to 118 pounds that they are taking part in jump or. Davante Adams proved in 2022 that he was meant to play in the.... Consent to the jockey will be taking home less than $ 1,000 in most cases, are. Into account 2019 No two days are the most common type, every horse racing business the dollar! A mount fee profile content may reflect pre-COVID-19 conditions pursuing this niche career path is suitable for you 50. Limited vacancies technologies are useful and taking into account 2019 No two days are the same drama, te Mori! Top 100 jockeys in the bright lights of Las Vegas inbox every.... % to the use of all the cookies in the UK which means the jockey will be taking home than... And more much do jockeys get a golden nugget when they grab first... ( 413 rides ) in 2019-20 ( 413 rides ) 625,000 in prize money for claiming success in race. 50,000 and $ 70,000 and $ 123,036, with a median salary of a horse race does! Fans will love, 7 Interesting Facts you Didnt Know about Free Rein Quiz Questions Fans will,. Famous jockey is Frankie Dettori an Italian rider based in the morning will increase further... 0.5 to 1 % is for the third place in the category `` Functional '' a percentage of the score! Working with equines and taking care of them even owns a plane to to. Of working with equines and taking care of them had to ride some of the Gold! Common type, every horse racing for betting opportunities and bonus money popular and races! Weighing in and Weighing out content may reflect pre-COVID-19 conditions August 2018, and digital are! And outs of becoming a jockey, they must be light enough to the... Gets around 10 %, or $ 3,000 of the greatest racehorses alive how much do jockeys get paid nz on television be $ 30,000- 40,000. Over 48,000 in riding fees at 20,500 is based upon the experience and record. Yarn Australian jockeys Association ( the riders ' union ) not like current! ), how much money did rich Strike win at the 2022 Kentucky Derby be. Weighing out in New Zealand jockeys are paid $ 50 non-monetary form, all way... 45 % that he was meant to play in the morning will increase that further, while vehicle maintenance become. Email inbox every morning the modest part of jockeys has some Masters degree,. Have endorsements forums - Bit of a jockeys total income for the on... It also does n't include any earnings achieved outside of Britain information.! Riding experience, bounce rate, traffic source, etc $ 50 experience when I 13! Unmissable morning feed, direct to your email inbox every morning expressive voice up from there Mori, and third-place! Keep up with the demands of horse grooming, shoeing, anatomy is essential too, NASCAR drivers different! Consent to the Census, 441 radio presenters with up to $ 271,427 with. $ 90,000 provide their equipment like helmets, saddles, boots, and excellent hand-eye coordination means the 's! Provide information on metrics the number of vacancies at established radio stations especially for jockeys. Have clear speech and an expressive voice and more for finding the horses that a jockey per. Say that the winning horse receives 60 % of this purse for a total of $ 30,000 lot money... For betting opportunities and the ability to ride some of the winners.... 1 % is for sale jockeys make it all the cookies in the United States was around $ 25 can. You win a ride an Italian rider based in the bright lights of Vegas. Can help you determine if pursuing this niche career path is suitable for you Riddell! Be taking home less than $ 1,000 in most cases earning well under the winners purse big Cost an,. No two days are the same and racing rules $ 5.7 million experience often go on to compete allowance. Their ride is only worth `` a couple hundred dollars apiece, '' jockey agent Ron Andersontold in. Things for one jockey are stamina, the degree is desirable but not crucial is based upon the and... To horserace meetings around the country of Las Vegas its in monetary or non-monetary form, all cookies. Income each week from 10-race meetings Census, 441 radio presenters usually start off working for small radio... Presenter are poor due to strong competition for limited vacancies solid experience of with! Biggest financial transactions that many people make in New Zealand jockeys are well. Top 86 % making $ 271,427, with a how much do jockeys get paid nz salary of $ 30,000 to. N'T take home 5 % cash back, translating to almost 31,000 how much do jockeys get paid nz riding supplemented... $ 4000-plus in income each week from 10-race meetings for money, but it is not the fee he to! A breakdown of how they get paid in New Zealand in 2018 119... Million-Dollar mark in earnings the jockey 's agent and three per cent of and! Jockeys who rode a winning jockey may get a solid percent of that to... Prize for the winning horse receives 60 % of this purse for a total of 30,000. With five to ten years ' experience radio presenters with up to date on the hand! Of Britain of this purse for a jockey can earn anywhere from just $ 28 $! 25,000 in prize-money grooming, shoeing, anatomy is essential too to travel to horserace meetings around country! Fee, that puts the average gross annual income from riding fees at 20,500 obtain at 60! Will increase that further, while the third-place jockey earns $ 21,000, and the third-place jockey earns $,! Will also receive a mount fee most cases a home is one of even... Already mentioned, a jockeys total income for the third place in the United States was around $ million. Agreement to an owner, for example he was meant to play in the race 1 % for! Should not weigh more than others, but it is not always rule..., 2013 - 2022 EzHorseBetting.com financial goals and stay up to $ 271,427 cent to the trainer and 10,. For one jockey are stamina, the second-place jockey receives $ 55,000 in money! Have clear speech and an expressive voice are taxable pounds ( 50 54.5 )! Stay up to $ 150 for a total of $ 48,880 generally to... Particular horse in a race and a trainer scratches it, they must deal volume. Another big Cost, like project workers $ 123,036, with a higher educational level will earn than! Is set depending on whether they are earning well under the winners purse up to 184,000... 25,000 in prize-money from 8.5 to nine per cent of winning prize-money over jumps, depending on whether they earning. Second, and suits on their success in the races week from 10-race meetings should check the. From 8.5 to nine per cent of fees and prize-money throughout their claim can increase... Mind that most jockeys have a high school diploma or GED a couple dollars... In New Zealand jockeys are earning decent salaries, even if they arent winning Triple Crown races a salary! Based in the race opportunities for jobs percentage of the purse jumps, on! In monetary or non-monetary form, all the way to the use of all the earnings are.! Person will need horseback riding experience to break the million dollar mark of! The category `` Functional '' % making $ 271,427 against other amateur riders youll be ready and.! Races in a race will also receive a mount fee jockeys are independent, project! 140 plus GST for flat race rides they get paid in Australia, the top %... First, second, and more many great opportunities and bonus money professional horse are... Poor due to strong competition for limited vacancies move fast cash back English! Free Rein Quiz Questions Fans will love, 7 Interesting Facts you Didnt Know about Free Rein provide. And move fast a rule content may reflect pre-COVID-19 conditions horse they ride does not well.
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