If you bet $10 on Rich Strike to win the Kentucky Derby, you made $800. But that’s not the real lesson for small business owners about this long shot horse’s improbable victory.
How much did$ 10 bet pay for Rich Strike?
Her $10 bet turned into a modest $818 windfall as Rich Strike paid $163.60 to win, $74.20 to place, and $29.40 to show.
What was the payout for a $1 bet the Kentucky Derby?
Superfecta ($1 bet)
| Odds | Payout |
|---|---|
| 1-2 | $3.00 |
| 3-5 | $3.20 |
| 4-5 | $3.60 |
| 1-1 | $4.00 |
How much did a $2 bet win at the Kentucky Derby?
So, how much did he win his bettors? The short answer – a lot. A $2 exacta with second-place finisher Epicenter paid $4,101.20.
How much would you win if you bet 100 on Kentucky Derby?
If you bet $100 on the favorite to win, place, and show in the past 30 Kentucky Derby races, you’d be up a nifty $3,585 during that span on what would have been $9,000 in total wagers. That equates to a $122.85 profit each year when betting $300.
How is Kentucky Derby payout calculated?
The payouts are determined by the combination of each horse’s odds of winning as well as the order wherein the horses cross the finish line. A wager on the “exacta” pays out if you place your bet on the first two horses to finish the Derby in the “exact” order in which you placed your bet.
How much money would you win if you bet $100?
A winning $100 stake could win up to $150 in profit, for a total payout of $250. At +250 odds, a pick is a definite underdog. A $100 wager stands to win $250 in profits, for a total payout of $350.
What did a $2 bet pay on Rich Strike?
So, how much did he win his bettors? The short answer – a lot. A $2 exacta with second-place finisher Epicenter paid $4,101.20.
What are the payouts for the Kentucky Derby 2022?
Top 5 Kentucky Derby winners payouts
- Winner: $1,860,000.
- 2nd: $600,000.
- 3rd: $300,000.
- 4th: $150,000.
- 5th: $90,000.
What are the Kentucky Derby Payouts?
The Kentucky Derby will begin at 6:57 p.m. ET Saturday at Churchill Downs, as 20 horses vie for the first leg of the 2022 Triple Crown.
Prize money breakdown for Kentucky Derby 2022.
| Place | Prize Money |
|---|---|
| 1 | $1.86 million |
| 2 | $600,000 |
| 3 | $300,000 |
| 4 | $150,000 |
How much does a jockey make per race?
Jockeys are some of the original “gig workers” because they work as independent contractors. Rather than earn a salary, a jockey receives a “mounting fee” — often $50-$110 — for each race, riding sometimes eight races per day.
How much do you win on a 2 dollar bet?
In the latter example, a bet of $2 means you would get $42 back for a winning wager. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending on the rules at that track. This rounding is called breakage.
How much is a 2.00 exacta box?
$2 Exacta Box Costs
| Exacta Box 1,2 | $4 (two combinations) |
|---|---|
| Exacta Box 1,2,3 | $12 (six combinations) |
What is the biggest bet on the Kentucky Derby 2022?
$179M
The 2022 Kentucky Derby took in the highest betting handle in the history of the Triple Crown race.
What does 80 to 1 odds pay Kentucky Derby?
Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would’ve returned $818.
How much is the average bet at the Kentucky Derby?
Churchill Downs Betting History – How Much Money Gets Bet on the Race (Millions)
| Year | Attendance | All Sources Race |
|---|---|---|
| 2020 | *None* | $79.4 |
| 2019 | 150,729 | $165.5 |
| 2018 | 157,813 | $149.9 |
| 2017 | 158,070 | $139.2 |
Has an 80 to 1 odds horse ever won the Kentucky Derby?
Rich Strike is the biggest longshot to win the Kentucky Derby since 1913. Rich Strike’s 80-1 odds to win the Derby made him the biggest longshot since Donerail in 1913.
How do I calculate my horse winnings?
The amount paid out is normally calculated in the following way: Dividing your total stake by the number of horses included in the dead heat. Multiplying that figure by the odds at which the bet was placed.
How much would you win if you bet on Rich Strike?
Rich Strike received $1,860,000 of the Kentucky Derby’s $3 million purse as the race winner.
How does horse bet payout?
Your payout is calculated by subtracting the amount of winning dollars from the total pool, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.
How much do you win on a $10 bet?
For example, if you bet $10 on 4.0 odds, the total amount returned on a winning wager would be $40 ($10×4). The potential profit is $30, or $10×4 minus the $10 stake.