Kentucky Derby 2010 post time (odds, contenders) video
While you are at the Kentucky Derby you may want to try your luck at the betting windows. A bet on a race always makes the outcomes of the race more interesting so why not try your luck. There are several factors and variables when betting on a horse. These include bloodline, sire (father), dam (mother), not to mention the trainers, grooms and jockeys. These are well trained 3 year olds, but they are still animals so anything can happen. Below is a short basic glossary of horse wagering terms.
Betting at the Derby is pari-mutuel which essentially means betting among ourselves, in other words if you play roulette in a casino you are betting against the house but in horseracing you are betting in a pool of sorts with other bettors. Odds are set by how much money is bet on individual horses.
HANDICAPPING Professional handicappers evaluate horses using factors such as, a horses’ past performance, behavior before and during previous races, genetics (bloodline), the jockey riding the horse, and the trainer and groom.
TYPES OF WAGERS Across the board wager. You are betting on the horse selected to win, place, or show. If you are lucky and your horse comes in first you will collect 3 ways. If your horse comes in second you will collect 2 ways. If your horse comes in third you will collect one way.
EXACTA With this type of wager you must pick the first two finishers in the exact order they finish.
QUINELLA With this wager two finishers must be picked and payoff is made no matter which horse finishes first or second
SHOW The horse that finishes third. SHOW BET Wager on a horse to finish third or better.
TRIFECTA This involves picking the first three horses in the exact order they finish.
WIN BET Picking which horse finishes first.
BOARD A tote board on which odds and betting pools are displayed.
DEAD HEAT Two horses finish in exact tie. (Rare today because of new photo finish technology)
MINUS POOL A mutual pool caused by heavy betting on a particular horse. If after deductions for state tax and commission there is not enough money to pay the legally prescribed minimum payouts the racing association usually makes up the difference so everyone gets paid.
IN THE MONEY Finishing first, second or third.
ODDS ON Odds of less than even money example 5 to 4 on is really 4-5 odds.
ON THE NOSE Betting to win only.
POOL Total sum bet on a race or a particular bet.
TAKE Commission deducted from mutual pools, shared by track and local and state taxes.
WIN BET Betting on a horse to finish first.
OTHER HELPFUL TERMS
FIRST TURN The first bend in the track past the starting point.
PADDOCK Area where horses are saddled before post time. This area is usually open to the public so you can look at and make your decisions on different horses to wager on. You can observe the interaction of the trainers and grooms with the horses. This is an excellent place to observe pre race behavior.
POST Starting point or position at starting gate.
NECK Usually the length of a horses neck or a quarter of a length.
BACKSTRETCH The straight way on the far side of the track.
FURLONG 220 Yards, 660 ft or 1/8 of a mile
Remember you can place bets for as little as $2.00 or any amount you choose so go ahead and try your luck and we wish you the best of luck. You can purchase racing forms, and you will be inundated with information at the track. Keep in mind that before post time the odds will change on some horses, so keep your eye on the tote board
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I placed a bet for the Kentucky Derby. What odds will the winning ticket pay off at?The odds were different from when I purchased the ticket.
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Jc Davis -
About the Author:
Jeffrey Davis is a lover of horse racing and a marketing executive at Triumph Marketing, you can find more of Jeff’s horse racing articles at the Kentucky Derby Information site http://www.kentuckyderby131.com
9 comments
No, not as a win bet – you would win $50. If you played a $1 trifecta or superfecta, yes you could win that kind of money, but you would need to pick 3 or 4 horses in order, respectively.
Odds on any horse racing event are not "final" until the race begins. The odds will change depending on the amount wagered on each horse, and you will receive whatever the odds settle at once the race begins. Unlike sports wagering, you cannot lock-in the odds on your bet by betting before the line moves. When the odds on your horse change, so do the odds on the betting ticket in your hand. Only exception – futures bets (bets made very early in the season, before the final running horses in the Derby have been decided) could have been made on certain horses that were expected to make the cut and be in the Derby, and those odds would be stable. Not offered at every track or casino, the opportunity to make a futures bet on this years' Derby is long since gone anyway.
As of 6:30 p.m. Eastern, and with $446,183 in the win pool, Big Brown was the slight choice over Colonel John (4-1), Pyro (5-1), and Eight Belles (8-1). The rest of the 20-horse field was 14-1 or higher.
Advance Kentucky Derby odds:
1. Cool Coal Man, 36-1
2. Tale of Ekati, 46-1
3. Anak Nakal, 57-1
4. Court Vision, 14-1
5. Eight Belles, 8-1
6. Z Fortune, 17-1
7. Big Truck, 20-1
8. Visionaire, 22-1
9. Pyro, 5-1
10. Colonel John, 4-1
11. Z Humor, 67-1
12. Smooth Air, 40-1
13. Bob Black Jack, 26-1
14. Monba, 29-1
15. Adriano, 23-1
16. Denis of Cork, 27-1
17. Cowboy Cal, 42-1
18. Recapturetheglory, 48-1
19. Gayego, 21-1
20. Big Brown, 7-2
Hi, Yes, odds can change until the very last minute. Right now odds for I Want Revenge are 3/1. But all odds for the entire field are likely to change by post time.
Nelson R. is correct that Doneraile is the longest shot to ever win the Derby, but paradoxically, his win is not considered the greatest upset in Derby history.
Most horsemen consider that Gallahadion's defeat of Bimelech in 1940 is one of the two biggest upsets of all time. Gallahadion paid $72.40 to win. Bimelech, who prior to the Derby had been considered virtually invincible, finished second to Gallahadion, then went on to win the Preakness and Belmont and was named champion three-year-old. Gallahadion never won another stakes of any importance and vanished into obscurity.
In the 1953 Kentucky Derby, Dark Star was the winner by a nose, and paid $51.80 to win. The shocker was in who he beat– Native Dancer, the previously-undefeated favorite and two-year-old champion. Native Dancer never lost another race, going on to win the Preakness and Belmont and the three-year-old championship, then Horse of the Year in an abbreviated campaign the next year. Dark Star never won another stakes. Native Dancer is considered by many racing experts to be among the twenty best American racehorses of all time. Most racing writers of the time blamed jockey Eric Guerin for the defeat of "the Grey Ghost of Sagamore," as Native Dancer was known. "He took that colt everywhere on the track except the ladies' room," one writer wrote. (Some people blamed a jinx against grey horses in the Derby for the defeat, but Determine killed that jinx dead the next year when he won the Derby.)
Giacomo in 2005 paid $102.60 to win, but the funny thing was that after the race, a lot of handicappers went back to their worksheets and realized that the Derby was taylor-made for a horse with Giacomo's "grind it out" style of running. The race was packed with speed, and the field went the first six furlongs in 1:09.59, which is creditable racehorse speed for a race of six furlongs, never mind one half a mile longer than that! Of course, hindsight is always 20:20.
I feel that Dark Star's upset of Native Dancer has to stand as the biggest upset in Derby history, even if it wasn't the highest payoff of all time. Given the Dancer's record before and after the Derby and the small margin of victory, it was truly an historic upset of a great champion.
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