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How much did the bets payout for kentucky derby how to bet online super bowl

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TVG announcer wins big Kentucky Derby bet. Insane reaction shown on-air.

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How much does the Kentucky Derby winner make? While the horse itself receives the rose garland of roses, its owner wins 62 percent of the total purse, or million in The winning jockey takes 10 percent of the owner's winning . Not bad for two minutes of work.

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Kentucky Derby payout history.

Prize money has come a long way since the Kentucky Derby when winner Aristides took home a whopping 2, The winner, Justify, cashed a 2 million check for his victory, the going rate for Kentucky Derby champions for the last 14 years. But for the first time ever, t. Kentucky Derby betting is a reliable way to feel like you are getting involved in what is a major sporting event, even when you can’t be in Louisville for the big day. The three main bet types to choose from are the win’, place’ and show’ wagers.

Here’s an explanation of what they all mean Payouts on any of the above depend on a number of factors, namely how much money is in the pot overall but also on the perceived level of difficulty. With this in mind, the highest payouts are usually on win bets, the second highest generally on place bets and of course the lowest are usually on show bets as these are the easiest to get right.

If you do want to bet two horses however and you’re not so confident you can predict the exact order, you can box this bet. Understanding betting odds is easy. If the odds are and you bet 2, the result is 251+2, or a 12 payout. That’s why it’s called gambling. Which Kentucky Derby post positions have produced the most winners?

There are two tracks at Churchill Downs. Straight bets are the most commonplace wager in horse betting, but exotics have their place as well. You can bet on the top-2 or top-3 horses in order or in general, with the more specific wager paying out higher. Let’s explain this in case by case detail.

This makes the bet much harder to win but also greatly increases the payout. Trifecta Your horses must finish 1st, and in exact order. Superfecta Your select four horses that must finish 1st, 2nd, and in exact order. The Kentucky Derby has a massive field of 20 horses and there are usually one or two scratches on race day which take out some of the competitors due to health reasons. Obviously, some horses are built better than others and no horse has enjoyed a better Triple Crown preseason than Nyquist. At the Kentucky Derby, there's more at stake than who has the best hat.

Here's just how much money the winners getand who it goes to. And while betting at the Kentucky Derby is about as common as mint juleps, there's an even bigger payout for those actually competing in the two-minute race. This year, the champion's purse is reported to be a staggering 3 million, the highest it's ever been in the Derby's years.

Divided among the top five finishers, it isn't actually the winning jockey who walks away with the majority of the moneyit's the horse's owner. According to CNBC, the owner receives 62 percent of the total purse while the jockey himself keeps a mere 10 percent of that. At the Kentucky Derby, there's more at stake than who has the best hat.

Here's just how much money the winners getand who it goes to. And while betting at the Kentucky Derby is about as common as mint juleps, there’s an even bigger payout for those actually competing in the two-minute race. This year, the champion’s purse is reported to be a staggering 3 million, the highest it’s ever been in the Derby’s years Those who aren’t into horse-betting might want to learn these stock market tricks.

Divided among the top five finishers, it isn’t actually the winning jockey who walks away with the majority of the moneyit’s the horse’s owner. According to CNBC, the owner receives 62 percent of the total purse while the jockey.

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Kentucky Derby A beginner's guide to betting the biggest horse race of the year. Depending on how much faith you have in your horse and how much return you're willing on your bet, picking a win, place, or show is a simple way to dip your toe in the waters of horse racing. Exactas, Trifectas, and Superfectas.

These can deliver huge payouts to bettors, especially if a longshot that you have on your ticket sneaks into the top three at the Kentucky Derby, a 2 winning trifecta bet on Always Dreaming, Looking at Lee, and Battle of Midway won bettors a whopping 8, Like the exacta box, on the Trifecta Box, you're betting three horses as a trifecta in every possible order, resulting in six different bets. So how do you bet on the Kentucky Derby and get involved in the exciting action?

Fans can wager legally at racetracks, simulcast centers such as Off Track Betting OTB Centers, and on advanced deposit wagering platforms such as TVG, BetAmerica and TwinSpires, where bettors in 31 states can legally bet on the race from their mobile devices and web browsers.

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People who bet online at TwinSpires wagered million on the Kentucky Derby, up 23 over The 20 horses running in the Kentucky Derby is the largest field of any American race, and while the payouts are larger, it can be more difficult to handicap and determine the winner with so many factors to consider including each horse running 1 miles for the first time in their racing careers. The Kentucky Derby is a bettor's paradise.

The race features of the country's best three-year-old thoroughbreds - horses that have beaten out thousands of others to win spots in what is often called the most exciting two minutes in sports. And this year's contenders might be the strongest crop Churchill Downs has seen in years. Under bet type, click win and enter 10 then do the same thing for PLC or place.

Total cost How to limit yourself to You’ll notice that the above betting options total more than the promised in the headline of this post. There are, in fact, many combinations to get you to, but here’s my favorite because the field of horses is so strong, I like the 1 trifecta box.

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Since most jockeys don’t go into the breeding business when they retire from riding, they are free to sell that breeding right to someone else. If they luck into a top stallion like Tapit, this can be a very lucrative income stream.

Katherine Price was the owner of the Kentucky Derby and Preakness winner, Carry Back, while her husband Jack was co-owner and trainer.

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How often does the winning horse get disqualified like in the recent Kentucky Derby? How fast do the horses go in the Kentucky Derby? Derby payouts has came a long way since Aristides won the very first Ky Derby and received Other Ky Derby payouts are 2'nd place, trainer jockey 10 60, 3'rd place,00, 4'th place, and 5'th place gets 90. Consider how a horse has performed in its recent races at the same distance on the same surface in the Derby's case, 1 14 miles on dirt, percentage of starts won this year and notable margins of victory winning by over three lengths is considered good.

Track policies vary on changing tickets after a patron has left the window, but most will let you do so if it's not too close to post time or there's not a long line. You can ask a track employee they wear red jackets at Churchill Downs or a mutuel clerk for help if you have questions about wagering. Trifecta betting is popular because a small wager can have a big payout. To place a trifecta bet, you pick three horses that you think will finish first, second and third.

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Deciding how to bet the race, to get the most bang for your buck, can be more daunting. Here are five suggestions on the best ways for a newcomer to bet the Kentucky Derby 1. 2 Win-Place-Show Known in racetrack parlance as an "across the board" bet, you'll cash if your selection finishes third or better.

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This can be a good play if you're fairly confident that your horse will win, or a longshot you like can finish in the top three.

Now, if your horse finishes third and is one of the favorites, chances are you won't completely recover your 6 investment. So how much does the Kentucky Derby winner get? The payout is definitely a deal sweetener. Saturday's race is the first in a three-part series of the American Triple Crown The Kentucky Derby is followed by the Preakness Stakes, then, finally, the Belmont Stakes. The Kentucky Derby, held annually the first Saturday in May, is by far the most popular of the three, and is often called "the Race for the Roses," which tips its hat to the blanket of roses draped on the winning horse.

Perhaps the reason that there is so much pomp and circumstance behind the Kentucky Derby is because it has the biggest payout for its winner. The Kentucky Derby's purse the total amount of money split between the five top horses is 2 million. Based on previous runnings of the Kentucky Derby, the payouts for second, third, fourth and fifth are usually around,, and 60, respectively. The winning jockey gets about 10 percent of the winnings before it goes to the owner, but they also typically have an agent and other people to pay.

The jockeys are getting paid, but not a ton. Throughout the pre-race process, Justify was the betting favorite, but not a heavy favorite by any means. My Boy Jack saw a lot of action on Derby Day, becoming the second-favorite behind Justify, then followed by the likes of Audible, Mendelssohn and others. If you managed to bet the superfecta, you’re looking at a nice 1 payout of 19, The 2 exacta pays, while the 1 trifecta pays. And what colossal long shot hits the board?

Visit SportsLine to get Jody Demling's Kentucky Derby winner, see which huge long shot contends, and get the finish positions for every single horse, all from the man who's picked 9 straight Derby-Oaks doubles! For the novice, there are pretty simple wagers. But, with the Kentucky Derby being one of the biggest racing events on the calendar, there's also more opportunity to divulge in more exotic bets, in which the payouts can be huge. An important disclaimer, though Knowing the terminology doesn't gu.

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How much did a 20 bet pay on orb to win the Kentucky Derby? To win, place, and show, Orb paid, and, respectively.

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These were for 2 bets, and include the original 2 in the amounts. Kentucky has a long history of producing some of the fastest race horses throughout the world, and, due to its famous thoroughbred Breeding programs, has produced many other attractions to keep people coming back to bet on their favored horses In addition, the KY Derby is special to the world of American sports in general, as it is the longest continually held sporting.

And one of the longest in the world. The Super Bowl, the World Series, the Masters, the Indy none of these have been held for consecutive years as has the Derby first running was in. The Kentucky Derby will be run this Saturday, May 6 at p.m. ET and it will be the race of the day note there are 14 races that day, the Kentucky Derby is not the final race.

Wagering opens on Friday May 5 at 12 noon ET and will remain open until betting closes just before the race begins on Saturday. Setting "future wager pools" before the race is also possible, but that can be a complicated endeavorif you're new, just stick with day-of wagering.

There are many different types of bets you can place, which also affect potential payout, but let's start with the simplest bet the "win." A win bet means you are betting your horse to come in first place uh duh. This means you will win the odds. Country House unexpectedly won the Kentucky Derby on Saturday. Here's how much money the winning jockey, Flavien Prat, earned. It's a bigger payout than last year, though Hall of Fame jockey Mike Smith collected, before fees and taxes for his win with Justify.

Smith rode Cutting Humor on Saturday night and placed tenth. The second and third place jockeys get 5 of their owner's take, meaning the second place jockey earned 30, while the third place jockey earned 15, That's before fees and taxes. As for the 17 other jockeys, they won't make out nearly as well. Their ride is only worth "a couple hundred dollars apiece," jockey agent Ron Anderson told CNBC in. The Kentucky Derby officially, the Kentucky Derby presented by Woodford Reserve was the th running of the Kentucky Derby, and took place on Saturday, May 4, in Louisville, Kentucky.

The field was open to 20 horses, who qualified for the race by earning points on the Road to the Kentucky Derby. The Derby is held annually on the first Saturday in May, at the end of the two-week-long Kentucky Derby Festival.

It is a Grade I stakes race for three-year-old Thoroughbreds at a.

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Don't be afraid to bet on the favorite. Since the Road to the Kentucky Derby point series started in, the post-time favorite has won every Derby. Pay attention to the horses that won the Derby prep races. The last seven Derby winners won their final prep race leading up to Derby. Bet the horse that has a history of doing well at Churchill Downs.

This information is located in the top right of each horse's past performance in the program. Watch the horses in the paddock. It they're misbehaving, exuding too much energy or fighting their jockey, it's probably best to not bet that horse. Nothing's as painful as watching your original choice win the race after you changed your bet. Kentucky Derby bets are high risk, high reward. But what the heck is an exacta, a trifecta box and other bets at Churchill Downs?

Kentucky Derby bets are high risk, high reward. But what the heck is an exacta, a trifecta box and other bets at Churchill Downs? To find out more about Facebook commenting please read the Conversation Guidelines and FAQs. Welcome to our new and improved comments, which are for subscribers only.

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Betting on the Kentucky Derby has most likely been around since the very first running of the race in Over the years, as with other aspects of the race, betting for it has evolved into a simple system that still manages to give gamblers a wide range of options when betting on the race.

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Today, it is easier than ever to place bets on the race online - and win big depending on the type of bet you place. Depending on where and how you place your bets on the Kentucky Derby, the rules may vary a bit.

Having said that, most times all bets must be made at least a few minutes before the race begins. This is why it's important to start doing your research about the Kentucky Derby now while you still have time. Thousands of people bet millions of dollars on horse races each year, but a tiny percentage of those people do any research before selecting which horse to bet on. Even just a cursory glance at the racing program before you place your bet can significantly raise your chances of winning.

Some races, like the Kentucky Derby, have more than nine horses. In that case, only the first nine ranks will be listed on the form or a 0 will be listed instead. Before we can get into all of the different kinds of the bets, you need to know about the systems used to calculate the payouts for each type.

Understanding the difference in your possible payouts can help you deliberately use different methods for different bets to get the highest payout. Check out the Kentucky Derby results as well as the betting payouts including how much you win for win, place and show. The Kentucky Derby is often full of surprises, but Justify held up as Vegas expected despite a muddy track. Trainer Bob Baffert was worried about Justify’s start, given the horse had little experience running in the back of the pack.

Justify came up huge with a fast start, and took the lead midway through the race. Justify held the lead, and never looked back. Pletcher was hoping to do the same thing with Audible. Statistically, Pletcher had the best chance to get another Kentucky Derby victory with four horses in the race, giving him a 20 percent chance of finding the Winner’s Circle.

Audible was in contention, but came up short with a third place finish. Answers to all your Kentucky Derby questions here. The time to plan, if you haven't already, is now. From tickets to transportation to lodging, here's the scoop on getting ready for Kentucky Derby. A link has been posted to your Facebook feed. Answers to all your Kentucky Derby questions here., Louisville Courier Journal Published p.m.

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The Kentucky Derby undercard features former Triple Crown runners, horses who were previously on this year’s Derby trail and plenty of top-notch stakes action. On a day designed to highlight the best the 3 year olds, the same age group got the action rolling in the first race. We’ll have updates on results and payouts here throughout the day, with last year’s Derby runners Lookin At Lee and Sonneteer in race 3 and McCraken in race 5.

For more Full card Derby day selections. Sporting Chance did the best of the favorites in fourth. Funny Duck, a Calumet Farm homebred, delivered, and New York Central placed for and and Givemeaminit showed for. Jockey's pay for the Kentucky Derby varies.

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The win, place and show riders get a percentage of whatever the owners winnings are. In the race the first place jockey grossed around, After his expenses are paid, that dropped to around,00, and that was before taxes were taken out.

If the jockey does not win, their pay goes down dramatically. Second place received around 20, and third place received around 10, Jockeys who did not place were paid much, much less than that. It turns out that a LOT of businesses removed "Kentucky" from their names after the State of Kentucky did this.

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The Kentucky Derby has been around well over years and is the most famous horse race on the planet. It's attended by thousands and thousands of people from all over the world. Each year, one horse becomes a superstar if they win this race and will earn their place in history. As you could expect with an event that has been around over a century, there's a lot of history surrounding the Kentucky Derby.

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There are stunning runs, shocking upsets, unbelievable performances and everything in between.

In order to truly be an expert on all things Kentucky Derby, you need to know the horses, the event, the statistics and much more about the world of horse racing. So without any further ado, get ready to challenge yourself against our quiz about all things Kentucky Derby. The Kentucky Derby winner does not get all of the prize money instead, it’s distributed among the top five finishers. What was the payout on the Kentucky Derby? When it comes to the Kentucky Derby, it pays to be a winner.

The top five finishers will bring home some serious bank, splitting the majority of a 3 million purse up 1 million from the prize total that stood from How much money does the Triple Crown winner get? There is no specific monetary bonus that comes along with winning the Triple Crown. In other words, the team behind a Triple Crown winner simply receiv.

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When the horses line up for the Kentucky Derby on May 4th, millions are at stake, and it’s not just on the racetrack either.

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When the horses line up at the starting gate of the Kentucky Derby on Saturday, they won’t just be gunning for million in prize money. At stake is a win that can add millions to a horse’s value and set it on the path to chasing the most lucrative title in equine sports the Triple Crown.

Already in their short careers, the 20 contenders have won a combined million for their owners, jockeys and trainers. A retired racehorse’s stud fee dictates how much money he brings in and also serves as a rough proxy of his overall value. Generally speaking, a stallion is worth about times his stud feeor more. Let's see how much you know about 'The Most Exciting Two Minutes In Sports'. What drink is traditionally served at the Kentucky Derby? About, Mint Juleps are served over the two-day period. Betting on the Kentucky Derby Two minutes, that's all it takes to be crowned the Kentucky Derby winner.

From straight bets like WinPlaceShow to more exotic bets like Exactas and Trifectas, we break down all of the ways you can wager on the first jewel of the Triple Crown. Remember The more exotic you get, the better the payout. Get the best odds from Canada’s top online racebook and make it a Derby to remember.

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Looking at recent Kentucky Derby payouts, the Trifecta has generated large payouts greater than 2, in 10 of the last 13 years, and the Superfecta has generated huge payouts greater than 15, in 11 of the past 13 years.

One of the deepest fields in years The odds of a big payout in are high due to a couple key factors. Secondly, the Kentucky Derby field, while having a clear favorite with Justify, is one of the most difficult in recent memory with many experts calling it the deepest Derby field in years due to as many as seven top win contenders.

Consider some of the top contenders behind Justify and their potential morning-line odds Mendelssohn won the UAE Derby by a staggering 18 12 lengths.

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So how do you place a straight bet to capitalize the most on your wager? One option is to bet your horse "across the board." This means betting on the horse to win, place and show. "Exotic" bets pay the most for a reason they're hard to hit. They involve betting on more than one horse, so Fast Sam and Slow Poke would both have to finish in the money for you to win.

Betting an exacta means selecting the first and second place horses in order, and it will typically pay much more than winning straight bet tickets on either or both horses. The average 1 Kentucky Derby exacta payout has been since, so you could very well turn that 5 into something significantly more. Alexey Stiop musecrafters.com Other Exotic Bets.

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While the historic disqualification of the first-place finisher in the Kentucky Derby actually gave one Reno man a big winning ticket, another kind of technicality kept him from collecting the full, that his tickets would have normally been worth. When the heavily favored 7 horse Maximum Security was taken out of the mix, the long shot No. 20 Country House was declared the winner and Nevada-based ophthalmologist Steve Friedlander had it among his exotic picks.

He has his fiance to thank for that one, as he included the horse in his bets in honor of his wife-to-be Monica Hous The longer the odds of the horses finishing in the top places, the bigger the payout. And to make sure they do their research before they make a bet.

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Find the top online Kentucky Derby betting sites for Canadians Best Odds and Predictions on contenders to win the Run for the Roses! Whether stars of sports or film, it's usually a safe assumption that plenty of high-profile folks will make their way to Kentucky for the event. As is the case every single year the race takes place, the Kentucky Derby will be held at Churchill Downs in Louisville, Ky.

How much does the winner of the Kentucky Derby get? The purse for the Kentucky Derby is actually quite impressive, as the winner is awarded 2 million. With it being one of the three 'Triple Crown' races, it's easy to understand why there is so much at stake and why the payout is so large. Which Triple Crown races follow it.

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The th running of the Kentucky Derby will be remembered not for what happened in the two minutes on the track, but for the 20 minutes after Maximum Security went wire-to-wire for the apparent victory. After the bay colt ridden by Luis Saez crossed the Churchill Downs finish line ahead of 18 other horses in the Run for the Roses, controversy ensued as officials ruled over an on-the-track objection. Before Saturday, the horse that crossed the wire first was never taken down because of an objection in the year history of the Kentucky Derby.

That changed as Maximum Security was disqualified.

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The Kentucky Derby will be run this Saturday, May 6 at p.m. ET and it will be the race of the day note there are 14 races that day, the Kentucky Derby is not the final race. Wagering opens on Friday, May 5, at noon ET and will remain open until betting closes just before the race begins on Saturday.

Setting "future wager pools" before the race is also possible, but that can be a complicated endeavor - if you're new, just stick with day-of wagering. There are many different types of bets you can place, which also affect potential payout, but let's start with the simplest bet the "win." A win bet means you are betting your horse to come in first place uh duh. This means you will win the odds.

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Does my payout come back using the same deposit method I made? This payout option is currently not available for all deposit methods offered by BookMaker. For more information on available deposit and payout options, please contact our client services department at [email protected] or call us at Is there a minimum amount required to open a BookMaker account?

How much must I wager before I can take a withdrawal? All deposits carry a rollover. On each graded bet, the following will apply toward your rollover requirement. Action graded a Win or Push Only the lower amount between the risk and the win counts towards the rollover.

Action graded as Lose Only the amount at Risk counts towards the rollover. No betno action won’t count towards the rollover.

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Betting on horse racing couldn’t be any easier than it is today, thanks to the internet and the abundance of horse racing betting sites. Online horse betting is very simple, and offers many advantages over the alternatives. When it comes to online betting for real money, we believe that choosing the right site is among the most important decisions you’ll make.

The reason why is because the internet is still the Wild West in many ways. There are a few bad actors, operators who don’t follow the rules and take advantage of unsuspecting and vulnerable bettors. You could accidentally join one of these sites and not know until it’s too late.

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Death at the Derby The Derby has figured more than once in British history. The most dramatic event took place in, when a woman called Emily Davison ran out in front of the King's horse, and tried to grab it.

The horse and rider and Emily all fell to the ground in the confusion, and Emily was killed. Emily was a "Suffragette", a militant campaigning for women's votes. In those days, only men were allowed to vote in elections in Britain, and Emily belonged to a group fighting with determination for women's rights. Emily did not die completely in vain.

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That does not happen at Bet US. If you want someone to empathize with any problems that you are experiencing, tough luck. If you are looking for customer services to explain anything that previously appeared incomprehensible then you may be let down by this particular USA focused online betting company. It is so much easier to deposit money with BetUS Sportsbook than to withdraw it. The devil is in the detail and there are many examples of customers being stalled for weeks with no sensible explanation being provided to explain payout delays.

These range from poor customer service, to failing to payout on winning bets, to failing to make payouts at all in some alleged cases.

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The same is true for a more complex betting arena such as the Kentucky Derby. Adding the odds or probability of winning for all the horses will result in a total of. The payout is the odds times the bet plus the initial bet. So a bet on Orb at odds would receive Similarly, in the stock market betting on the favorite often results in a capital loss even if a favorite stock appears to be modestly valued.

Then place your bets accordingly, at least in the stock market the payout for each dollar invested leads to a positive return as companies grow and increase their profitability. At the end of the day, this is the main reason to prefer investing in stocks to gambling on horses.

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In the nd Kentucky Derby, post time in three-and-a-half hours, the favorite is Nyquist at 2-to Next best is Exaggerator at 5-to-1, and the darkhorse is Mohaymen, to Cummings admits he wasn't much of a horse racing fan before getting started on Photo Finish Horse Racing, which originally published late last summer under another name, Derby King, which he built from scratch himself before his last employer, the daily fantasy site FanDuel, closed an Orlando office also filled with EA Sports expatriates.

"I had my eyes on a tennis game," another sport Cummings doesn't play, "as something I thought I could get done very simply. But I had some concerns with the animations. "I put the horse on the track and it had a whip mechanic and I asked, 'Does this have any legs?'" Well, yeah.

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The th Kentucky Derby Payout Schedule[1]. According to live odds on the Kentucky Derby website, more than million was wagered on Orb of the million gambled on the race, making the horse a favorite as betting closed.[11].

Just minutes before, Orb pulled even with Revolutionary as a favorite even though more than 4 million was bet on Revolutionary and approximately million on Orb.[11]. Wikimedia Commons has media related to Kentucky Derby.

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How to pay for college Career guide How much does a wedding cost? Parenting money tips Financial guide for moving Planning a vacation Travel smarter with rewards Ask the community. Get out your big, extravagant hats and mix up a batch of mint juleps It’s Kentucky Derby time. Horse racing used to be one of the big three sports in America, along with baseball and boxing. The Derby is still plenty popular, drawing more than 16 million TV viewers last year.

But how does that stack up in the modern sports hierarchy? Ahead of Saturday’s Run for the Roses, NerdWallet put the horses on the track against football, basketball, baseball and more to see how the top-rated events in each sport rank in the race for TV viewers.

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The th Kentucky Derby Payout Schedule[1]. According to live odds on the Kentucky Derby website, more than million was wagered on Orb of the million gambled on the race, making the horse a favorite as betting closed.[11]. Just minutes before, Orb pulled even with Revolutionary as a favorite even though more than 4 million was bet on Revolutionary and approximately million on Orb.[11].

Wikimedia Commons has media related to Kentucky Derby.

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The Kentucky Derby!" He kept shaking his head. And the more I pondered the fact, the more it gave me fear. How would he bear up under the heinous culture shock of being lifted out of London and plunged into the drunken mob scene at the Kentucky Derby?

The lady on the desk was about fifty years old and very peculiar looking when I mentioned Steadman's name she nodded, without looking up from whatever she was writing, and said in a low voice, "You bet he did." Then she favored me with a big smile. He had done a few good sketches, but so far we hadn't seen that special kind of face that I felt we would need for a lead drawing. It was a face I'd seen a thousand times at every Derby I'd ever been to.

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For Kentucky Derby neophytes, CBS Sports has this handy breakdown of all the main betting terms you'll need to understand at the track Win Pick the horse that wins the race. Place Pick a horse that finishes first or second. Monday night's caucuses in the state haven't done much to dispel at least the first part of the complaint per ABC News, entrance polls indicate 91 percent of caucus-goers are white. But Iowans are proud of taking the mound to start the game and don't want to give up that role.

"Listen, I can't change the demographics of the state of Iowa," said Iowa Democratic Party Chair Troy Price on Friday.

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We live in Kentucky, so of course we love to throw parties for the Kentucky Derby! Always held on the first Saturday in May, Derby Day is the perfect time of year to host a gathering. It's situated nicely between the Christmas craziness and the July weekend. We've hosted a few Derby parties in the past, and have devised a simple betting sheet to use to track the betting pool at the party.

Our betting pool spreadsheet is very simple to use. Just keep the spreadsheet open on your computer during the party, and every time somebody places a bet, add the dollar amount of that bet to the current total in the "Wagers" column for that horse.

When the race is over, find the winner on the spreadsheet and it will give you the odds to pay out for each person who bet on the winning horse.

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Did anyone else find that their payout for the Derby weekend promo was far less than what was explained at last Tuesday's meeting? That just shows how cheap Phoenix is when it comes to parimutual betting. I did not know that OTB didn't have to follow the betting of the live track.

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Kentucky Derby winner, Justify. By Hayley Warren and Devon Pendleton. When the horses line up at the starting gate of the Kentucky Derby on Saturday, they won’t just be gunning for million in prize money.

At stake is a win that can add millions to a horse’s value and set it on the path to chasing the most lucrative title in equine sports the Triple Crown. Already in their short careers, the 20 contenders have won a combined million for their owners, jockeys and trainers.

A retired racehorse’s stud fee dictates how much money he brings in and also serves as a rough proxy of his overall value. Generally speaking, a stallion is worth about times his stud feeor more.