How Much Money Is Bet On Kentucky Derby
- How Much Money Is Bet On Kentucky Derby Contenders
- How Much Money Is Bet On Kentucky Derby Winners
- How Much Money Is Bet On The Kentucky Derby
The Kentucky Derby is the biggest horse race in the world each year. That’s why it’s no surprise that the handle for the Kentucky Derby is also the highest of any race. Millions of people from around the world bet on the Kentucky Derby at various live tracks and online sportsbooks.
While it’s not known how much is bet everywhere, I have pulled up some numbers from Churchill Downs and all North American Racetracks in recent years. Let’s take a look at these betting totals, plus the attendance numbers.
North American Racetracks: Money Bet on the Derby (Simulcast)
Betting on the Kentucky Derby in 2019 set records across the board, including the simulcast at all North American racetracks. These wagers totaled $165.5 million last year, up 10% from $149.9 million in 2018. There really is nothing quite like it in the world of horse racing.
We have included wagering totals for the entire day of racing (program), as well as the main event (race). On-track numbers show the amount of money wagered at Churchill downs on the day of the race, while the numbers from all source represent money coming in from all over the country at casinos/racetracks that offer simulcast betting on the Derby.
| Year | On-Track (Program) | On-Track (Race) | All Sources (Program) | All Sources (Race) |
|---|---|---|---|---|
| 2019 | $48.4m | $30.2m | $250.9m | $165.5m |
| 2018 | $39.2m | $24.6m | $227.5m | $149.9m |
| 2017 | $32.8m | $20.1m | $209.2m | $139.2m |
| 2016 | $23.5m | $11.3m | $192.6m | $124.7m |
| 2015 | $23m | $12m | $194.3m | $137.9m |
| 2014 | $23.4m | $11.9m | $186.6m | $129.2m |
| 2013 | $21.1m | $11.5m | $184.6m | $130.5m |
| 2012 | $23.7m | $12.3m | $187m | $133.1m |
| 2011 | $23.4m | $11.5m | $165.2m | $112m |
| 2010 | $21.5m | $11.1m | $162.7m | $112.7m |
| 2009 | $21.1m | $10.2m | $156m | $104.6m |
| 2008 | $24.2m | $12.1m | $164.7m | $114.6m |
| 2007 | $24.1m | $12.1m | $168.1m | $118.3m |
| 2006 | $24.5m | $12.1m | $175.1m | $106.2m |
| 2005 | $22.8m | $10.1m | $155.8m | $103.3m |
| 2004 | $19.2m | $9.5m | $142.8m | $99.3m |
| 2003 | $20.6m | $9.1m | $140.4m | $88m |
How Much Money Is Bet on the Kentucky Derby? On Derby Day in 1908, the crowd bet a total of $67,570, including $18,300 on the Derby race itself. In 1984, fans broke the North American record for betting on a single horse race, wagering nearly $19 million on the Derby. Make sure you bet on the Kentucky Derby. That's because betting on the Kentucky Derby is a great way to get a good return on investment. Here, are the best online horse racing betting sites, based on research: Bovada Intertops BetOnline MyBookie SportsBetting.ag. Gamblers across the nation placed just over $6.2 million in bets on the 9-2 race favorite to win the Kentucky Derby, according to statistics provided by a spokesman for the online horse racing site. At Churchill Downs on May 1, the 147th running of the historic Kentucky Derby will take place. This is your Kentucky Derby reference page, examining the history, New York horse betting options, the road to the Derby and handicapping variables for the Fastest Two Minutes in Sports. The Kentucky Derby, dating back to 1875, assembles 20 of the nation’s top 3-year-old thoroughbreds.
Attendance at Churchill Downs & Total On-Track Wagers
How Much Money Is Bet On Kentucky Derby Contenders
You’d come away with $6 on a $2 bet. If Lucky Duck went off at 20-1 odds, you’d win $42 on a $2 wager: two times $20 plus your $2 bet. With odds that don’t end in one, divide the first number by the second number, then multiply the result by the amount of your bet.
Attendance at the track came in at 150,729 in 2019, the fourth straight year the race has seen a drop in ticket sales. More and more people are opting to watch the race at a local casino or at home as ticket prices continue to rise. It’s still an experience that any fan should try at least once, but the quality of coverage on the race has gotten so good that it’s not as big of a draw as it had been in the past.
The record for attendance was set back in 2015 with 170,513 fans packed into Churchill Downs, but it has seen a steady decline from that peak ever since. Until there is a big name running like Bob Baffert’s American Pharaoh in 2015, these numbers are likely to remain near the average for the last 10-15 years.
Horse betting online is a great way to find betting lines on horses. Navigating through online horse betting websites can be difficult. Especially if you are an American player. Good thing, the world is morphing into a more online, electronic interface. Making online horse betting easier to navigate.
Betting Online on Horse Races
Horse betting online took rise in the 1980s. Before that horse gambling had to take place on the tracks. As the internet developed, so did online betting horses. Now, almost all major race tracks have their betting platform. Allowing bettors to place live bets from anywhere in the world.
Welcome Bonuses
Because of the variety of betting websites. Serious racebooks will use incentives to catch your attention. These sites won't hesitate to match your first deposit by 50 or 100%. Encouraging you to place better or more bets.
Advantages of betting online
Betting online is a convenient way to bet on horse racing. It can be done anywhere, and at any time. If you schedule doesn't allow you to make a trip to the track, online is perfect.
How Much Money Is Bet On Kentucky Derby Winners
- Betting online can earn you bonuses and rewards not offered at the race track.
- It gives you the freedom to be more selective on what you bet on.
- It allows you to analyze past performances to select the winner.
What are the best online horse betting sites?
Finding the best horse racing gambling site is a personal choice. Everyone has a different incentives that attract them. Every betting website will offer different bonuses and rewards.
Make sure you bet on the Kentucky Derby. That's because betting on the Kentucky Derby is a great way to get a good return on investment
Here, are the best online horse racing betting sites, based on research:
BovadaIntertopsBetOnlineMyBookieSportsBetting.agSo how do you place bets online?
- Sign up, or log into your favorite site
- Select the race you wish to bet on
- Place your bet. This is where you can choose to do a single wager or an exotic wager
- Pick how much you want to bet
- You'll get a confirmation
- Watch the race.
Is horse race betting Legal in the US?
The the instatement of the Unlawful Internet Gambling Enforcement Act in 2006. It stopped Poker, Casinos and Sportsbooks from accepting US wagers. However, Horse racing betting sites got a carve-out.
How Much Money Is Bet On The Kentucky Derby
They did this by only allowing pari-mutuel pools. This loophole allows any state to place an online horse racing bets
Is US horse betting legal online in my state?
38 states allow bidders to place online bets for horse races. They are:
- Alabama
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Louisana
- Maine
- Maryland
- Massachusetts
- Michigan
- New Jersey
- Minnesota
- Montana
- New Hampshire
- New Mexico
- North Dakota
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Dakota
- Tennessee
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Online horse racing betting is a great way to get your bet out there. Allowing even a bettor with a business schedule to place a bet. Doing your research to the find the right website for you. Will help you get the most rewarding experience. Allowing you to thoroughly enjoy betting horse racing as a rewarding past time.