The Kentucky Derby is the biggest day in horse racing both in terms of racing and betting. Hundreds of millions of dollars are wagered each year all around the world and millions of people try and hit it big.
With the changing weather conditions, betting on the 143rd Kentucky Derby proved to be a challenge. No one was really sure what the weather was going to be at post time and half the horses hadn’t raced in the slop of a dirt track if the track hadn’t dried up in time. Betting seemed to circle around the four favorites Always Dreaming, Irish War Cry, McCraken and Classic Empire.
The odds-on favorite, Always Dreaming, won the 143rd running but it was wild among those behind him. Lookin at Lee at 33-1 and Battle of Midway at 40-1 finished 2nd and 3rd with the 7-1 Classic Empire finishing 4th. With two long shots fighting for the win, if you were smart and/or lucky enough, you made a lot of money.
One person won big, putting down a $1 trifecta bet with Always Dreaming and two of five other horses needing to finish in the top three. With 20 different scenarios, they paid $20 for the ticket and hit the trifecta, winning a cool $8,297.20.
— William Hill US (@WilliamHillUS) May 7, 2017
Unfortunately, this person didn’t attempt the superfecta because if they had hit that with a $1 bet, it would’ve brought $75,974.50.
I’m sure people care about what I bet but the Kentucky Derby is the one time of the year I’ll save my money and throw a few bucks around. I went with the four favorites and played with various scenarios with them for the win, exacta, trifecta and superfecta and after all was said and done, I made $2 in profit after only winning the Always Dreaming to win bet. So whether it’s making $2 or $8,200, any day where you win more money than you lose is always a good day.