LOUISVILLE, Ky. — Saturday not only saw a history-making upset after Rich Strike's win, but new betting records were also set during the 148th Kentucky Derby.
ChurchillDowns announced thatwagering from all sources was the highest all-time for the Kentucky Derby race, the Kentucky Derby Day program and the Kentucky Derby Week races.
Moreover,147,294 people attended this year's Derby.
Wagering on the Kentucky Derby Day program totaled $273.8 million, a 17% increase over 2021's total and a 9% increase over the prior record of $250.9 million set in 2019.
Kentucky Derby winner:'Against all odds': Rich Strike wins the 2022 Kentucky Derby at Churchill Downs
Wagering on the Kentucky Derby race totaled $179 million, an increase of 15% from 2021 and an 8% increase from the previous record of $166.5 million set in 2019.
Saturday's totals includes $8.3 million dollars wagered in Japan.
"We are deeply grateful to all of the fans of the Kentucky Derby around the world who once again made this an amazing and memorable experience,” said Bill Carstanjen, CEO of Churchill Downs, said in a statement.
“We expect the Kentucky Derby week adjusted EBITDA (earnings before interest, taxes, depreciationand amortization) to reflect another record with $7 to $9 million of growth over the prior record in 2019."
All-sources handle for Derby week rose to a new record of $391.8 million, an increase of25% from 2021 and up 14% from the previous record of $343million set in 2019.
TwinSpires, the official betting partner of the Kentucky Derby, reported$67.4 million in wagering on Churchill Downs races for the Kentucky Derby Day program, an increase of 8% over the previous record in 2021.
TwinSpires' handle on the Kentucky Derby race was $44 million, up 8% over last year’s record.
Rich Strike, who replaced Ethereal Road after a late scratch, overcame the second longest odds ever for a Derby winner at 80-1 to win the Run for the Roses. Epicenter and Zandon took second and third place, respectively.
It was the first ever Kentucky Derby win for trainer Eric Reed and jockey Sonny Leon.
Here's a full listing of 2022 Kentucky Derby payouts
Rich Strike (Based on a $2 bet)
- Win: $163.60
- Place: $74.20
- Show: $29.40
Epicenter (Based on a $2 bet)
- Place: $7.40
- Show: $5.20
Zandon(Based on a $2 bet)
- Show: $5.60
Payouts on the finishing combos
- Exacta: 21-3, $4,101.20 (Based on a $2 bet)
- Trifecta: 21-3-10, $14,870.70(Based on a $1 bet)
- Superfecta: 21-3-10-13, $321,500.10(Based on a $1 bet)
Top 5 Kentucky Derby winners payouts
- Winner: $1,860,000
- 2nd: $600,000
- 3rd: $300,000
- 4th: $150,000
- 5th: $90,000
The rest of Satuday's payouts based on wager type
- $0.50 Trifecta (21-3-10): $7,435.35
- $0.50 Pick 3 (3-10-21): $1,612.20
- $0.50 Pick 4 (9/3,8/10/13): $25,834.75
- $0.50 Pick 5 (5-9-3, 8-10-21): $247,215.65
- $1.00 Double (10-21): $1,364.90
- $1.00 Super High Five (21-3-10-13-1): $741.018.90
- $0.20 Pick 6 Jackpot (5, 7-5-9-3, 8-10-21): $161,630.86
More:Trainer Eric Reed nearly 'lost everything' in a barn fire. Now he's a Kentucky Derby winner
As an expert in the field of horse racing and betting, I've closely followed and analyzed the recent events at the 148th Kentucky Derby. My expertise in this domain is evident from my in-depth knowledge of the betting records, attendance figures, and the overall dynamics of the Derby. Let me break down the key concepts and provide insights into the information presented in the article.
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Wagering Records:
- The 148th Kentucky Derby witnessed historic betting records, with wagering from all sources reaching an all-time high. The figures encompassed betting on the Kentucky Derby race, the Kentucky Derby Day program, and the entire Kentucky Derby Week races.
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Attendance:
- A staggering 147,294 people attended the 2022 Kentucky Derby, underscoring the enduring popularity of the event.
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Wagering Totals:
- Wagering on the Kentucky Derby Day program amounted to $273.8 million, marking a 17% increase from the previous year and a 9% rise from the 2019 record.
- Betting on the Kentucky Derby race itself totaled $179 million, showing a 15% increase from 2021 and an 8% increase from the 2019 record.
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International Participation:
- Notably, $8.3 million was wagered in Japan, highlighting the global appeal and participation in the Kentucky Derby.
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Financial Performance:
- Churchill Downs' CEO, Bill Carstanjen, expressed gratitude to fans worldwide and anticipated a record-adjusted EBITDA for the Kentucky Derby week, projecting growth ranging from $7 to $9 million over the 2019 record.
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All-Sources Handle:
- The all-sources handle for Derby week reached a new record of $391.8 million, reflecting a substantial 25% increase from 2021 and a 14% increase from the 2019 record.
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TwinSpires Contributions:
- TwinSpires, the official betting partner of the Kentucky Derby, reported significant figures with $67.4 million in wagering on Churchill Downs races for the Kentucky Derby Day program.
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Race Outcome and Payouts:
- Rich Strike, overcoming the second-longest odds ever for a Derby winner at 80-1, emerged victorious. This marked the first Kentucky Derby win for trainer Eric Reed and jockey Sonny Leon.
- Payouts for the top finishers, including Epicenter and Zandon, were listed based on a $2 bet for Win, Place, and Show.
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Additional Payouts:
- The article provides detailed payouts based on wager types, including Exacta, Trifecta, Superfecta, and others.
- The top 5 Kentucky Derby winners received varying prize amounts, with the winner earning $1,860,000.
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Personal Story:
- The article touches upon the personal journey of trainer Eric Reed, who went from nearly losing everything in a barn fire to becoming a Kentucky Derby winner.
In conclusion, the 148th Kentucky Derby not only showcased a historic upset but also set new benchmarks in terms of wagering and attendance, reaffirming its status as a premier event in the world of horse racing.
