On June 1, 2008, he became the all-time leading money-earning jockey in American Quarter Horse racing history surpassing the previous record of $41,405,207 in mount earnings.

On May 23, 2014, Carter became the all-time leader in wins aboard American Quarter Horses when he won his 3,632nd race passing Alvin "Bubba" Brossette.

Carter has been named the American Quarter Horse Association (AQHA) World Champion Jockey ten times in his career including six years consecutively from 2003-2008.

During his Senior year at Pawhuska High School, Carter won the Class A State Wrestling Championship at 108 pounds.

After graduating from high school in 1986, Carter moved to Sallisaw, Oklahoma to become a full-time jockey at Blue Ribbon Downs.

He continued to ride primarily in the central part of the United States until the early 1990s when he moved his tack to Los Alamitos Race Course in Southern California.

He has been named American Paint Horse Association (APHA) World Champion Jockey ten times in his career.