03/26/2008 11:00PM

Betting on Dubai card varies by local outlet


Most betting outlets in the United States are expected to offer wagering on the $6 million Dubai World Cup on Saturday, though opportunities to bet on the six undercard races will be varied.

The World Cup is scheduled to go to post at 1:30 p.m. Eastern on a day when domestic racing is highlighted by the Grade 1 Florida Derby at Gulfstream Park. All major racetracks and betting outlets, including the largest U.S. account-wagering companies, plan to offer betting on the World Cup, and both major horse racing television networks, TVG and HorseRacing TV, plan to telecast the race live.

The international commingled betting pool for the World Cup is being administered by Phumelela, a South African company that acts as a broker and simulcast hub for major international simulcasts. Last year, the pool included bets originating in the United States, Canada, Germany, Austria, Spain, Russia, South Africa, and Tasmania.

Because of the number of foreign countries in the pool, place wagers on the races from Dubai will pay off if the selected horse finishes either second or third, in accordance with the common definition of a place bet overseas.

In addition to place betting, win, exacta, trifecta, and pick three wagering will be offered on the card. Takeout for win and place is 18 percent, and takeout for all other wagers is 25 percent.

The full card from Dubai includes seven races, but because of differences in time zones, few racing outlets will be open to the public for the full card. In addition, betting on the first race, a stakes for Arabian horses, will not be offered in the United States.

In Kentucky, where local interest in racing is perhaps the strongest in the country, Churchill Downs and Keeneland are two of the few locations where bettors will be able to wager on six of the seven races. Both tracks are scheduled to open at 9 a.m. on Saturday, in time for the Godolphin Mile, which has a scheduled post of 9:40 a.m., followed by the UAE Derby, the Dubai Golden Shaheen, the Dubai Duty Free, and the Sheema Classic.

In California, racetracks are advising fans to make wagers on the undercard races on Friday, when the betting pools will open up during that day's live cards, according to Aaron Vercruysse, the simulcast coordinator for Santa Anita. Santa Anita itself plans to open in time for the simulcast of the last two undercard stakes and the World Cup, but many other statewide intertrack sites are not expected to open early in the morning, Vercruysse said.

Customers of the major account-wagering sites will be offered races 2 through 7, according to the companies.