This previous weekend’s Kentucky Derby went above and past something the occasion had seen earlier than.
In accordance with Churchill Downs, a file $179.0 million was wager on Saturday’s Derby (h/t ESPN’s David Purdum). It’s a rise of 17% of the quantity wagered in 2021 and an eight p.c improve over the earlier observe file.
But solely $501,135 wagered on the win pool was on Wealthy Strike, the race’s successful horse
The quantity wager on Wealthy Strike was the bottom of any horse within the subject, which is sensible given Wealthy Strikes’ 80-1 odds. However those that did wager on the winner acquired a pleasant payout, a payout that would have been a lot higher if wagered on when the horse’s odds have been 300-1 again in March and even 200-1 on Saturday at Circa in Las Vegas.
Because the Kentucky Derby sizable improve in wagers over final 12 months, you’ll be able to wager that subsequent 12 months’s occasion will obtain an enormous sum of money in bets.