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Kentucky Derby and Kentucky Oaks future wager dates set
By DRF Staff
Churchill Downs on Thursday announced the 2013 dates for its Kentucky Derby Future Wager and Kentucky Oaks Future Wager weekends.
Three pools will be offered for the Kentucky Derby Future Wager: Feb. 8-10, which is 12 weeks before the $2 million Kentucky Derby on May 4; March 1-3, nine weeks out; and March 22-24, six weeks before the race. This will be the 15th straight year that Churchill has offered future betting on the Derby.
As has been the case with the $1 million Kentucky Oaks since 2008, a single futures pool will be offered. It will coincide with the March 1-3 Derby pool.
In 2012, more than $1.4 million was bet on the Kentucky Derby Future Wager and more than $92,000 was wagered on the Kentucky Oaks Future Wager.
Each pool will be comprised of 23 individual betting interests and an “all others” option. Win and exacta betting will be available.
Last year’s Derby winner I’ll Have Another paid $60.20 in Pool 1, $46.20 in Pool 2, and $45.60 in Pool 3. A $2 win wager on Derby Day returned $32.60.
Oaks winner Believe You Can paid $74.80 in the lone Kentucky Oaks Future Wager pool and $29.60 on race day.
Why does Churchill Downs stubbornly insist on the 23 individuals and "all others" format? Do they think we can't handle the concept of 300+ individual horses, requiring us to retreat to the safety net of a typical $7 payday when the 23 individuals don't win? Wouldn't 200-1 for I'll Have Another, quoted in Las Vegas, provide more free publicity for the bet when his Pool 1 price was merely $60? And all the hype and promotional expense spent over three months is for a bet that cumulatively handles one-half as much as an ordinary card at Tampa Bay.
- 1.Posted 12/05/2013 01:44PM
- 2.Posted 12/05/2013 04:54PM
- 3.Posted 12/06/2013 03:20PM
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- 5.Posted 12/05/2013 03:54PM