Tag: Kentucky Derby betting market

Authentic and John Velazquez's Kentucky Derby stretch duel with Tiz the Law came in front of an empty Churchill Downs. Yet, a September Derby boosted the month's and quarter's racing handle. (Image: Horsephotos/Getty)

September Derby Brings Bettors, Handle Boost to Racing Economic Totals

A September Kentucky Derby produced stronger third-quarter numbers in 2020 vs. 2019, according to the Equibase Economic Indicators in Thoroughbred Racing. Horseplayers wagered more than $3.2 billion in the third quarter. That represents a 12.7% bump from 2019’s figures of $2.92 billion. At the same time, America’s most wagered upon […]

A spectator-free Churchill Downs for Saturday's Kentucky Derby might thn the in-person betting herd. But plenty of wagers will go down across the risk-reward spectrum. (Image: Getty)

Kentucky Derby Betting Options Go Deeper than Just the Derby

This weekend’s Kentucky Derby/Oaks cards provide bettors with a veritable wagering smorgasbord, one giving you betting options covering the entire risk/reward spectrum. There are, of course, your regular standbys: the win-place-show, exactas, trifectas, and superfectas. But because of the spectator-free nature of this year’s Derby and Oaks weekend, Churchill Downs […]

The South Point Race Book is one of 82 Nevada race books that will book Kentucky Derby wagers outside of the national pari-mutuel pool. The state's race books and Churchill Downs Inc. are 10 months into a stalemate over the amount CDI wants per-dollar wagered. (Image: South Point)

Despite Impasse, Nevada Books Can Handle Kentucky Derby Wagers

An impasse between Nevada casinos and Churchill Downs Inc. sent the state’s casinos back to booking the Kentucky Derby in-house, rather than partaking in the national pari-mutuel pools. In an agreement signed last week, the Nevada Gaming Commission approved a resolution that allows the state’s casinos to book action on […]

At 50/1, Giacomo (left) fended off 71/1 Closing Argument to win the 2005 Kentucky Derby. Lucky/savvy superfecta bettors cashed a $432,127 ticket. (Image: James Crisp/AP)

Now, Kentucky Derby Bettors Can Drop a Dime on Superfecta Wagers

One benefit of no long betting lines at Churchill Downs for this year’s Kentucky Derby is the new 10-cent minimum superfecta wager track officials instituted for this year’s Derby. Previous, the minimum superfecta wager – one requiring bettors to pick the first four horses in order – was $1. When […]