06/10/2014 3:57PM

Kentucky Downs proposes new Jockey7 wager


LEXINGTON – The Kentucky Horse Racing Commission on Tuesday tabled a request by Kentucky Downs for approval of a novel multi-race wager based on the performance of jockeys’ mounts in the last seven races of the card.

The commission tabled the vote after several commissioners asked for additional time to consider the wager, which Kentucky Downs is hoping to offer on all six of its race cards this September. The commission is likely to vote on the bet at its meeting in July.

The wager, which would be called the Jockey7, would allow players to bet on 13 pre-selected jockeys and a field entry in win, place, show, exacta, and trifecta pools. The finishing order of the Jockey7 would be based on the number of points the jockey or field accrued in the last seven races of the day, with 25 points being awarded for a first-place finish, 12 points for a second-place finish, nine points for third, and five points for fourth.

“This is something that can really help promote the races and promote the jockeys as well,” said Corey Johnsen, the president and co-owner of Kentucky Downs, during a presentation to the commission.

Under the wager, the 13 pre-selected jockeys that have three or more mounts during the last seven races of the card would qualify for individual entries. The field would be comprised of a string of individual horses selected by the racing office.

To cash a win bet, the bettor would have had to have wagered on the jockey that accrued the most points during the seven races; the place pool would pay off for the two jockeys who accrued the most points. An exacta, meanwhile, would pay off if the bettor had correctly selected the jockeys who had accrued the highest and second-highest amount of points. A trifecta would extend that down to the three highest points-getters.

Although the logistics of the bet appeared rudimentary, some commission members said they would prefer to have additional time to consider the impacts of the wager before voting to approve it. Kentucky Downs, which awarded nearly $1 million a day in purses last year due to subsidies from slot machine-like devices at the track, is scheduled to hold the first card of its six-day meet on Sept. 6.

Johnsen said he expected $30,000 to $50,000 to be wagered into the Jockey7 pools, but he said that would depend on how successful the track is in marketing the bet and in getting information to horseplayers about which horses would be included in the lineup. “It may work and it may not, but Kentucky Downs wants to be a catalyst for change and innovation,” Johnsen said.

◗ Just prior to the KHRC meeting, the commission’s Rules Committee tabled the items on its agenda when the commission could not get through half of the docket during the two-hour meeting because of discussions related to earlier items. The committee was expected to conduct a vote on approving a penalty schedule for drug violations that is based on a model rule prepared by the Association of Racing Commissioners International. Members of the committee said they would finish the items on the docket at the next committee meeting in July.

Ron Solberg More than 1 year ago
theres by far to many ways now.people wonder why they cant win even though they had the winner. easy lay of the tris,supers, p-3,p-4,p-5-p6,pick alls and stick with win bets and you might to get back to winning. one thing for sure you wont lose as much.
Ray Sousa More than 1 year ago
pathetic marketing ploy....this a grotesque attempt to try to make the joeys the focal point and not the horse. The reasoning is that the horse is not as durable and does not compete long enough to form a fan club.so lets change to jokey racing. The problem is the jockeys are not at all reliable to say the least. And having a bet were they have even more control on a bet is a huge mistake.
1971 Whippet More than 1 year ago
Agreed. Then again, we don't have an interest in this "wager".
Scott Kromer More than 1 year ago
am I the only one who wants to see a last place bet??
julietvalcouer . More than 1 year ago
...Wait, what? I'm not actually sure that would be popular. For regular players, that's not going to appeal (sure, if it's a race of nobodies but a name shows up on a horse, and if there's two horses for a trainer and his regular rider opts for one over the other, but it's not normally high on the priority list) and for newbies that sounds awfully complicated.
TEDK215 More than 1 year ago
it was a joke.........jeeeeeeez
TEDK215 More than 1 year ago
they should take bets on which 3 yo"s in the TC series will still be running by years end.
Mike Hummel More than 1 year ago
Congrats to Kentucky Downs for being innovative. Is this a bet that the hardcore horseplayers are going to gravitate toward? Probably not. But the new or occasional customer often bets on jockey's names, the color of the silks, etc. Give that person a reason to be engaged in all 7 races with a minimal investment and that generates continued interest. Kentucky Downs is HANA's #2 track, second only to Keeneland. I like what Corey Johnsen has done, and continues to do. He is looking out for the horseplayer, but old and new.
1971 Whippet More than 1 year ago
Never, ever gonna fly. Almost as stupid as paying a bonus for the best finisher in 3 Triple Crown races.
Greg More than 1 year ago
How is this track still in business, jockey7 will never exist.
Anonymous More than 1 year ago
It's a great track, a unique turf course, relatively low takeout, large fields. If you're a horseplayer, this is the place to play.
Chad mc rory More than 1 year ago
Grrrreatfrgggin ownership.
pathagan More than 1 year ago
You must have not watched their meet last year. Purses for MSW races were 90K+ Great meet to bet on.
William Fuhrmann More than 1 year ago
If anyone thinks there's corruption in the game now, what will they think if this ever comes to truition?
mikey More than 1 year ago
What about a DQ.
raymond More than 1 year ago
It all sounds good. Personally I think it would be way to complicated and not have much of an attraction to the casual bettor. Exotic wagers are fun for a good portion of those attending the races, but most who don't attend the races on a regular basis are very unfamiliar with such wagers. Keeping the process of open debate on ways to improve the industry from a betting standpoint is a good thing.