What Did The Winning Horse Pay At The Kentucky Derby?

What Did The Winning Horse Pay At The Kentucky Derby
What was the total amount of money that Rich Strike won at the Kentucky Derby in 2022? As the winner of the Kentucky Derby, Rich Strike was awarded $1,860,000.00 of the total prize pool of $3,000,000.00. Rich Strike had only earned a total of $111,289 in his career prior to winning the first leg of the Triple Crown.

  • Not bad for a horse who just qualified for the Derby the day before when Ethereal Road was forced to withdraw, and who was claimed by owner Rick Dawson of RED TR-Racing following a $30,000 maiden-claiming event at Churchill Downs.
  • Rich Strike: At the 2022 Kentucky Derby, owner Rick Dawson was successful with his wagers on Eric Reed and Rich Strike.

“On what planet are we now?” Dawson spoke on his performance after the race on Saturday. “I feel like I have been catapulted someplace. I’m not sure. This defies all logic and reason. I went up on stage and spoke to my coach, and I asked him, “Are you sure this isn’t a dream?” Because there is no way that could be true.’ He gave me his word that everything is genuine.

What were the Kentucky Derby Payouts?

At Churchill Downs on Saturday, the Kentucky Derby will get underway at 6:57 p.m. Eastern Time (ET), with 20 horses competing for the first leg of the 2022 Triple Crown. A breakdown of the prize money for the Kentucky Derby in 2022

Place Prize Money
1 $1.86 million
2 $600,000
3 $300,000
4 $150,000

How much does jockey get for winning Kentucky Derby?

What Did The Winning Horse Pay At The Kentucky Derby Image courtesy of Don Blais / Shutterstock.com. The three legs of the Triple Crown, the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes, all take place in the months of May and June in the United States. These are the most prominent months for horse racing in the country.

  1. Rich payouts are a hallmark of the world’s most prestigious horse races, such as the Kentucky Derby (2022), which offered a total pot of $3 million and awarded the winner $1.86 million of that total.
  2. The rider, or jockey, is the person who stays atop the horse during the whole race and receives far less attention than the horse itself.

At the Kentucky Derby, the winning jockey receives 10% of the total payout won by their horse. This year’s winning rider, Sonny Leon, received $186,000 of the total purse. It is possible that Leon sent a commission of 25 percent to his agent and a gratuity of 5 percent to the valet who assisted him in preparing his gear for the race from those gains.

How much is a Kentucky Derby winning horse worth?

Barber Road Let’s take a look at how much those owners spent to get a shot at the Roses now that all of the points have been handed out for this year’s Road to the Kentucky Derby series and the Top 20 3-year-olds (and their alternates) have been determined.

(The complete points scoreboard for the Road to the Kentucky Derby can be seen here: Leaderboard for the Road to the Kentucky Derby.) Fusaichi Pegasus, who won the Kentucky Derby in 2000 and was purchased for $4 million, holds the record for the most expensive Kentucky Derby winner ever to be sold at auction.

In point of fact, only four horses that have won the Kentucky Derby have ever been able to sell at auction for more than half a million dollars. These horses include Fusaichi Pegasus ($4 million), Winning Colors ($575,000), Alysheba ($500,000), and Justify ($500,000).

  • If one were to look ahead to the running of the Kentucky Derby in 2022, one could anticipate that a potential owner would be able to acquire a contender for as low as $15,000 in a public auction.
  • At the 2019 Keeneland November Breeding Stock Sale, the weanling division of Barber Road (Race Day), owned by WSS Racing, was able to demand that amount.
See also:  How Much Did Rich Strike Pay In The Kentucky Derby?

The owner Amr Zedan paid a hefty sum of $1.7 million for his shot at the Run for the Roses with Taiba. The Gun Runner colt commanded the seven-figure sum at the 2021 Fasig-Tipton Gulfstream Select Sale of 2-Year-Olds in Training. On the other end of the spectrum, Taiba was purchased by Zedan at the 2021 Fasig-Tipton Gulfstream Select Sale of 2-Year-Olds in Training. What Did The Winning Horse Pay At The Kentucky Derby The epicenter of the auction was a yearling that brought in $260,000 at the Keeneland September sale. Zandon brought in $170,000 at the Keeneland September auction when he was offered as a yearling. White Abarrio fetched $7,500 at the OBS Winter Mixed auction when he had just been one year old, and then $40,000 at the same sale when he was two years old.

  • March At the Keeneland September auction as a yearling, Mo Donegal brought in the price of $250,000.
  • At the Fasig-Tipton Kentucky Select auction as a yearling, Tiz The Bomb brought in the price of $330,000.
  • At the Fasig-Tipton Kentucky Select auction, Cyberknife fetched the price of $400,000 as a yearling.

Crown Pride is a Japanese-born horse that was born in Japan and was never put up for sale. The Fasig-Tipton Kentucky Fall auction brought in $140,000 for Taiba when he was a yearling, and the Fasig-Tipton Florida Select sale brought in $1.7 million when he was two years old.

  • RNA was purchased by the buyer at the Keeneland November auction as a weanling for the price of $50,000.
  • Smile Happy fetched $175,000 at the Keeneland November auction when he was a weanling, and then $185,000 at the Fasig-Tipton Kentucky Select sale when he was a yearling.
  • At the Keeneland September auction as a yearling, Tawny Port brought in a price of $430,000.

At the Keeneland November auction, Barber Road brought in the price of $15,000 as a weanling. Un Ojo was a homebred horse, however he was purchased in utero at the 2018 Fasig-Tipton Saratoga Fall Mixed auction for the price of $40,000. Early Voting – Two Hundred Thousand Dollars as a Yearling at the Keeneland September Sale Morello brought in $140,000 as a weanling during the Keeneland November auction, then $200,000 during the Fasig-Tipton Kentucky Select sale as a yearling, and finally $250,000 during the Fasig-Tipton Midlantic sale as a 2-year-old.

Messier earned a total of $470,000 at the Fasig-Tipton sale as a yearling. The Kentucky Select auction Zozos is a homebred horse, however his dam was acquired as a yearling at Keeneland in September for $57,000, and she earned a total of $233,593 throughout her racing career. In 2018, when Zozos was created, Munnings charged a stud fee of $25,000 for him.

Summer Is Tomorrow sold for $25,000 as a weanling in November at Keeneland, then RNA for $14,000 as a yearling in September at Keeneland, and finally for $169,743 as a 2-year-old at the Arqana Deauville breeze up auction. Charge It was a homebred, but the owner paid $2.2 million for the dam when she was a yearling at Keeneland in September, and he raced her to one victory.

  • His sire, Tapit, stood for $300,000 in 2018, and his dam was purchased by the owner.
  • Homebred Happy Jack did not receive any bids as a weanling at the 2019 Keeneland November auction; the owner acquired the dam for a total of one hundred thousand dollars at the 2015 Keeneland November sale, and sire Oxbow stood for a total of twenty thousand dollars in 2018.
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Pioneer of Medina, a homebred horse that was purchased at the Keeneland September sale as an RNA for $485,000 as a yearling and was hoping for a late defection in order to make the field. Ethereal Road (hoping for three defections in order to make the field) – $90,000 as a weanling at the Keeneland September sale In Due Time (hoping for two defections in order to make the field) – $9,500 as a weanling at the Keeneland November sale Then $35,000 as a yearling at the Keeneland September sale Then $95,000 as a 2-year-old at OBS April In Due Rich Strike, who was waiting for four players to drop out of the tournament in order to make the field, was claimed off of his second career start for the sum of $30,000.

What did Kentucky Derby 2022 Trifecta pay?

A $1 wager on the trifecta returned $14,870.70, while a $1 wager on the superfecta yielded a cool $321,500.10 in winnings.

What does a Derby horse cost?

Saturday, September 5 is the date of the Kentucky Derby. The purchase price of a thoroughbred racing horse can range anywhere from $500,000 to $2.4 million. These are the tycoons who have horses competing in this year’s Kentucky Derby, and they range from Gary Barber, a former executive at MGM, to oilman John C.

  • Oxley. For further news, please see the homepage of Business Insider.
  • The Kentucky Derby has long been a sports event for the upper class, and this can be seen in everything from the pink polo shirts to the floppy hats to the mint juleps.
  • And no wonder.
  • The purchase price of a thoroughbred race horse can reach up to $2.4 million.

They may also bring in significant profits; for example, Justify, the winner of the Triple Crown in 2018, was purchased as a yearling for $500,000 and is now worth $75 million. Bob Elliston, vice president of racing and sales at Keeneland Racing in Lexington, Kentucky, the world’s horse capital, previously told Business Insider that owning Thoroughbred horses is “the closest thing can be involved with in owning a sports franchise as there is.” “There’s so much excitement in owning Thoroughbred horses a€” it’s the closest thing can be involved with in owning a sports franchise as there is, Elliston said.

Who on earth can pay such exorbitant prices? Using the racing database Equibase, Business Insider conducted an investigation into the horse owners. On Saturday, September 5, the 146th running of the Kentucky Derby will take place, and the following horse tycoons will be competing for the gold cup at Churchill Downs.

The total prize pool of $3 million will be split among the five winners, with the winner of first place receiving $1.86 million for their efforts. All odds were obtained using Vegas Insider, A previous iteration of this page included Alyson Penn’s contributions as well.

What was the biggest payout for the Kentucky Derby?

Eric Moody and André Snellings, position 2d 4d ESPN’s Experts in Betting and Fantasy Sports 4d After winning the Kentucky Derby, Gilbert Bransford and Mackenzie Kraemer assume the roles of Rich Strike’s owner, who is in full disbelief. (2:09) Rick Dawson, the owner of Rich Strike, discusses the range of feelings he experienced when his horse won the Kentucky Derby. (2:09) May 9, 2022 David Purdum ESPN Staff Writer Close Has been with ESPN since 2014 Since 2008, I’ve been working as a journalist covering the gaming sector. The Kentucky Derby race with the greatest wagers ever placed on it was won by the horse with the longest odds of winning.

According to Churchill Downs, the total amount wagered in the pari-mutuel pool during Saturday’s Kentucky Derby was a record-breaking $179 million. This is a 17% increase over the previous year and an 8% increase over the previous record, which was set in 2019. According to the numbers that were made public by the track, the total amount of money bet on the victory pool was just $501,135, making Rich Strike the horse with the least amount of money put on it.

Rich Strike, who started the race with odds of 80-1, outran the favorites Epicenter and Zandon in the last strides of the race to pull off the second-largest upset in the 148-year history of the race, which took place on Saturday at Churchill Downs. In Nevada, where bookmakers had been offering chances on the winner of the Kentucky Derby since the beginning of the year, Rich Strike was an even longer shot than he was in Kentucky.

At the Las Vegas sportsbook Circa, Rich Strike had odds as long as 300-1 in the month of March, but those odds dropped to 200-1 on Saturday. Due to the attractiveness of the long odds, a flurry of late bets was placed on Rich Strike, which resulted in a slight loss for Circa despite the fact that most bookmakers in Nevada made a profit.

Paul Zilm, a risk supervisor who manages Circa’s horse racing operations, told ESPN that “people adore the longest shots on the board,” and as a result, the company accepted a large number of little bets, ranging from $25 to $50 here and there. “As a result, we incurred a marginal amount of loss.” After being scratched at the last minute, Rich Strike didn’t even get it into the Derby field until Friday.

On Friday morning, Circa re-added the colt to its post-draw pool after having previously removed him. Zilm said that he accepted between seventy-five and one hundred bets on Rich Strike, the majority of which were placed in the final fifteen minutes prior to the race at odds ranging from one hundred twenty-five to one fifty, which was roughly double the odds that were posted at the track.

Zilm explained, “That mounted up rapidly, but if I did it all over again, there’s a good chance that I wouldn’t alter anything much.” Those who bet on long shots were rewarded for their patience. Jim “Mattress Mack” McIngvale, who had a furniture company in Houston and was known for taking risky bets, did not have as much success.

McIngvale disclosed to the Las Vegas Review-Journal that he had lost a total of $2.6 million wagering on the Kentucky Derby, $1.5 million of which was placed on a straight bet on the odds-on favorite Epicenter to take first place. The promotion at McIngvale’s furniture company, Gallery Furniture, guaranteed to reimburse sales of at least $3,000 if the horse that was considered to be the favorite won the Kentucky Derby.

McIngvale utilized his large wagers on the Derby to offset the impact of the promotion. Although Circa Sports ended up on the losing end of the deal, other bookmakers in Las Vegas fared rather well on Rich Strike’s victory. Rich Strike “held practically the whole pool,” according to Ed Salmons, vice president of risk management at the SuperBook, who spoke to ESPN about the matter.