The 2019 Kentucky Derby paid out a total of $3,531,700 in purse money. The first place winner received $1,860,000, the second place winner received $600,000, the third place winner received $300,000, the fourth place winner received $150,000, and the fifth place winner received $90,000.
There was also a total of $560,000 awarded as “backstretch” (horsemen’s purse money) bonuses, which is divided among jockeys, trainers, and owners. The Kentucky Derby purse money is funded by the Churchill Downs Racetrack and is determined annually.
This year, the Kentucky Derby purse was the richest in history.
Who won the Kentucky Derby today and how much did it pay?
The 2020 Kentucky Derby was won by Authentic and jockey John Velazquez. Authentic paid out $11. 40, $6. 60, and $5. 20 respectively on a $2 bet. The win marked Authentic’s first career Triple Crown victory and Velazquez’s third Derby win in his career.
The horse was favored to win prior to the race and paid off handsomely for those who wagered on him. It was an impressive win as Authentic staved off fellow competitors Tiz the Law and Honor A. P. who finished second and third respectively.
What was the Kentucky Derby Trifecta payout?
The Kentucky Derby Trifecta for 2020 had a total purse of $1,860,000 and was paid out as follows: $1,190,000 to the winning ticket(s), $378,000 to the place, and $292,000 to the show. The exact amounts paid out to the individual tickets, however, depends on the total amount of money wagered and the number of correct winning tickets.
In the 2020 Kentucky Derby, there were 24 trifecta tickets that featured the correct order of the top three horses, and they split the $1,190,000 first place prize pool. The second place pool of $378,000 was split between 13 tickets, while 8 of the tickets shared the $292,000 show pool.
What would a $100 bet on the Kentucky Derby win?
If you placed a $100 bet on the Kentucky Derby, you would have the potential to win anywhere from $150 to $2,500, depending on the odds at the time of the race. First and foremost, you must identify the horse you would like to wager your money on.
You may want to research prior races, factor in the horse’s form, track record, and jockey to determine the best selection.
Once you have selected your horse, the next step is to visit the track’s teller or betting window and tell the staff that you would like to place a win bet on your desired horse in the Kentucky Derby.
For example, you could tell the staff that you would like to “place $100 to win on number two in the Kentucky Derby. ” You will then get a paper ticket from the teller with the name of the horse, number, and the amount of the bet.
Once the race is finished and the results are known, if your chosen horse is the first to cross the finish line, you win! The amount you receive depends on the odds of your selection at the time of the race.
Your ticket must be brought to the pay-out window to collect your winnings.
How much does a jockey make per race?
The exact amount that a jockey makes per race varies widely depending on the type of race that is being contested, the skill of the jockey, and other factors such as the size of the purses being offered by the racetrack.
On average, jockeys make around $100 per race, but in high-stakes races this sum can be much higher. For example, in the Kentucky Derby, the prize for the winning jockey is around $25,000. At the major race meetings, purses can be even higher, into the millions of dollars.
Winning purses at these big-name races can mean that a jockey makes well over $100,000 in a single race. It is also important to consider that jockeys often work in partnerships with horse trainers and owners, which can provide additional income streams in the form of pay-outs.
How much did the jockey of Rich Strike win?
The jockey of Rich Strike won a total of $247,000 from the race. This amount was made up from both the first and second place winnings that Rich Strike achieved as part of the 2018 Kentucky Derby. In the first race, Rich Strike won $1.
24 million for coming in first place, and the jockey was awarded 10% of that total. The second race win earned Rich Strike a winnings of $123,000 and the jockey was given an additional 5% of that total.
This brings the total that the jockey won from the two races to $247,000.
How are Derby winnings split?
Winners of the Kentucky Derby typically receive a hefty payout. The total payout is determined by the wagering pool collected by the track, which includes win, place, and show wagers. The majority of the pool (typically 85%) is split among the winning horse’s owners, trainer, and jockey depending on pre-determined percentages.
The winning owner will receive 62% of the money, with the trainer receiving 10-15%, and the jockey receiving 10-20%. The remaining 15% of the purse will go to the track’s pockets for executive compensation, organizational costs, and taxes.
The Kentucky Derby has been known to have one of the largest purse sizes of any horse race in the world, and can approach $3 million in total winnings.
How much is a $2 win place show bet?
A $2 win place show bet is a horse racing bet wherein the bettor predicts the top three horses in order of finish. If the bettor’s chosen horse wins, the bettor receives the win payoff. If the horse finishes second, the bettor receives the Place payoff.
If the horse finishes third, the bettor receives the Show payoff. The exact payouts are dependent on the race, field size, and track conditions. Generally, a $2 win place show bet will pay out on the lowest two winning payouts, so if a horse wins the race, the bettor receives the win and place payouts.
If the horse finishes second, the bettor just receives the place payout, and if the horse finishes third, the bettor just receives the show payoff. The total amount paid out to the bettor is based upon those two payouts.
How much would you win if you bet on Rich Strike?
It depends on numerous factors. Your winnings will depend on the odds being offered on Rich Strike, the size of your bet and the result of the race. Many online sportsbooks and outlets offer competitive odds on the horse racing market and the returns can vary greatly.
As an example, if the odds on Rich Strike are 5/1 and you bet $10, then should Rich Strike win, your return would be $50. As with any form of gambling, potential winnings can never be guaranteed and vary depending on the outcome of the race.
How much does the Kentucky Derby winner win in prize money?
The Kentucky Derby winner receives a total of $1,860,000 in prize money. This amount is divided among the qualifying horses that race in the Kentucky Derby. The winner of the race receives 74 percent of the total purse, which is equal to $1,432,000.
The second-place horse receives $400,000, or 21. 8 percent of the total purse. The third-place horse receives $200,000, or 10. 8 percent; fourth-place horse receives $100,000, or 5. 4 percent; and fifth-place horse receives $60,000, or 3.
2 percent. This breakdown applies to all the other horses in the race as well, with the amount decreasing as the finishing order increases. The purse money is broken down based on the order of finish, so horses that come in further back in the race receive lesser amounts.
How much is a $10 box trifecta?
A $10 box trifecta is a wager in which you select three horses to finish first, second, and third in any order. The cost to place this bet is $10, and if all three of your selections finish in the top three positions, you will win the bet.
The amount of money you win depends on the odds of each horse you select and the total amount of money wagered on the race. Typically, a $10 box trifecta pays out around $600, but can pay more or less depending on the specific race.
What is the highest superfecta payout ever?
The highest superfecta payout ever was during a race at the Hollywood Park Racetrack in April of 1978. A $2 superfecta ticket that correctly predicted the first four finishers of the 5K race paid a record $803, 399.
50. This is the biggest superfecta payout ever recorded in the history of horse racing. The lucky ticket, purchased in the box office, was worth a stunning $401, 699. 75 after the 20% takeout imposed by the track’s management.
The actual amount that was paid out, $293, 478. 76, was over ten times more than the takeout. The superfecta was just one of many options offered by Hollywood Park’s program of exotic wagering. The ticket was a small investment that paid off with a life-changing win.
What horse bet pays the most?
The horse bet that pays the most is the Superfecta. This type of bet requires you to pick the first four finishers in a race in exact order. This type of bet typically pays out much more than other types of bets, such as the Win or Place bet.
With a Win or Place bet, you only have to pick the horse that will finish first or second, while with the Superfecta, you need to pick the first four finishers in exact order. The payoffs for correctly predicting this are much more substantial, and can lead to tremendous payouts.
What is the safest bet in horse racing?
The safest bet in horse racing is to bet on the favorite. Although the favorite does not always win, it is the most likely horse to win the race. Betting on the favorite usually pays out less than long-shots, but you’re more likely to win your bet.
Additionally, you can bet on multiple favorites to increase your chances of winning. You can also consider hedge betting, which allows you to place two bets simultaneously that offset each other, thus increasing the chances of winning.
If you’re looking for the safest bet, though, the favorite is the way to go.
What is the bet for 3 horses?
The bet for 3 horses depends on the type of wager you are making. For example, if you are making a win bet, you would be placing a single wager on which horse you think will win the race. If you are making a combination wager, you would be placing multiple wagers on three different horses, and if they all finish in the top three spots, in the order you choose, you will win the bet.
Another type of bet you could make with three horses is an exacta bet, which is a bet that two of the horses chosen will finish in the top two positions of the race, in the order you choose. Each type of wager offers different payouts and potential returns, so it’s important to understand the different types of wagers available before placing a bet.