How Much Does The Kentucky Derby Winner Get?

How Much Does The Kentucky Derby Winner Get
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.

How much does a jockey make for winning the Kentucky Derby?

How Much Does The Kentucky Derby Winner Get LOUISVILLE, KENTUCKY – MAY 01: During the 147th running of the Kentucky Derby, which took place at Churchill Downs in Louisville, Kentucky on May 1, 2021, Medina Spirit #8, which was ridden by jockey John Velazquez, led the field through the first turn.

  • Photograph by Sarah Stier, courtesy of Getty Images) The winner of the Kentucky Derby receives more than just a glistening gold trophy and a bouquet of roses for their efforts.
  • It’s also a good little paycheck for the jockey of the winning horse, although it might not be precisely what some supporters have in mind when they think about how much they’ll get.

The winner of the Kentucky Derby this year will take home $1.86 million of the total prize pool of $3 million. The event was held this year at Churchill Downs. resulting in the rider receiving somewhere about ten percent of the total prizes. Not bad for a day’s work: you get $186,000 in return.

Those revenues, however, are reduced to around $50,000 in take-home income after agency fees, valet, and taxes are deducted. Which, although not insignificant in the grand scheme of things, is not nearly as much as one might imagine it to be considering the amount of money other sports personalities make.

The race known as “The Fastest Two Minutes in Sports” also has the jockey purses being distributed the quickest. Especially when one considers that even finishing in the top five might result in a rider receiving less than $10,000 in prize money. And this is before the Kentucky Derby increased the amount of money winners get from the 2019 value of $2 million to $3 million.

How much does Kentucky Derby jockey win 2022?

Prize Money for the Kentucky Derby in 2022 The horses in the field will compete for a total payout of $3 million in the Kentucky Derby in 2022, of which $1.86 million will be awarded to the stable of the horse who finishes in the winner’s circle with a bouquet of roses.

  1. In the meanwhile, the jockey of the winning horse who successfully crosses the finish line first will be awarded 10% of the winner’s payout, which is equivalent to a payday of $186,000 before taxes and other considerations are taken into account.
  2. The winning horse and jockey will earn themselves an automatic bid at the Triple Crown, a designation that comes with much fanfare in the lead up to the two remaining races that make up the Triple Crown, which are the Belmont Stakes and The Preakness.

But there is more at stake than just big money, a gold trophy, and a garland of roses. According to Twinspires.com, the following is a breakdown of the prize money that will be awarded at the Kentucky Derby: The first place prize is $1.86 million, of which the jockey will get 10%, or $186,000, of that total.

  1. Second Place is worth $600,000, with the jockey receiving 5% of that amount, or $30,000.
  2. The third place prize is $300,000, of which the jockey will receive 5%, or $15,000.
  3. The jockey will receive $7,000 of the total prize money of $100,000 if they place fourth.
  4. A total of $60,000 is awarded for fifth place, with the jockey receiving $4,000.

In addition to the significant sums of money that are at stake, the Kentucky Derby also attracts a large number of famous people and professional sportsmen every single year. Photograph by Andy Lyons for Getty Images How Much Does The Kentucky Derby Winner Get

What were the payouts for the 2022 Kentucky Derby?

Rich Strike accomplished the impossible by taking first place in the 148th Kentucky Derby, which was held at Churchill Downs on Saturday. Rich Strike was a late replacement for Ethereal Road, yet he still managed to win the race. Rich Strike, who was owned by Richard Dawson and trained by Eric Reed, triumphed over odds of 80-1 to win the Run for the Roses.

So, how much did he end up winning those who gambled on him? In a word, a lot. That’s the quick answer. A $2 exacta wager with Epicenter finishing in second place returned $4,101.20 in winnings. 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.

Rich Strike, who was given odds of 80-1 to win the Kentucky Derby in 2022, did so. Do you think it was the longest shot ever taken? Continue reading: Watch the incredible victory of Rich Strike at the 2022 Kentucky Derby in this video replay. The following is a comprehensive list of payouts:

Who is the highest paid horse jockey?

2022 leaderboard

Rank Jockey Earnings $
1 Irad Ortiz, Jr. $26,054,468
2 Joel Rosario $22,047,636
3 Flavien Prat $20,554,048
4 Tyler Gaffalione $18,291,238

How much does it cost to enter a horse in the Kentucky Derby?

What are the ticket prices for the Kentucky Derby in 2022? – Attending the Kentucky Derby is not an outrageously pricey event; however, the cost of attendance may potentially escalate depending on the location of the seat. TicketSmarter reports that the prices for tickets to the Kentucky Derby may start anywhere from $80 to $110, with standing infield general admission seats being the most affordable choice.

Tickets for this event may be purchased for less than one hundred dollars. Nevertheless, ticket costs can escalate to prohibitive levels very fast. According to TicketSmarter, the average price of a ticket is $1,148, while the price of tickets on Millionaires Row can go as high as $6,000 or more. According to Ticketmaster, the price of an infield general admission ticket is currently $80, dining hospitality seats can be purchased for any amount between $775 and $5,113, reserved and box seating tickets can be purchased for any amount between $507 and $6,000, and the price of reserved bleacher seats ranges from $318 to $3,222.75.

As of the 5th of May, the following table compares the cheapest and most expensive tickets for each location of the Kentucky Derby. The most expensive tickets are for the Millionaires Row and the Sky Terrace.

See also:  What County Is Paris Kentucky In?

How much does the winner of the Preakness get?

Prize Money and the Purse for the Preakness Stakes The Preakness has a total purse of $1.65 million, and the winner takes home $990,000 of it (representing 60% of the total). The winning jockey will also take home around $99,000, which is equivalent to 10% of the total earnings.

How much do jockeys make a year?

Horse jockeys in the United States may make anything from $10,049 to $271,427 per year, with $48,880 serving as the typical wage for the profession. Horse jockeys make an average annual salary of $271,427, with the top 57% earning between $48,882 and $123,036, and the top 86% making more than $271,427.

How much did Sonny Leon get for winning the Kentucky Derby?

How improbable was it that they would win? In order for Rich Strike’s owners to even be able to enter the race, they had to have two of their other horses withdraw. That ended up being the case, as Rich Strike was entered into the competition a mere 31 hours before the start of the race.

Eric Reed, who is now 57 years old and has been a trainer in the horse racing industry since 1985, had his best year in 2010, when his horses earned a total of $1.81 million in prize money, so the news was music to his ears. On Saturday, Rich Strike took home $1.86 million in prize money. Jockey Sonny Leon is awarded a part of the winnings equal to 10%, or $186,000, for his victory.

The average amount of money that he has won for a horse in a race during the course of his eight years of racing is $2,561, For what it’s worth, Leon has to pay 25% of his earnings (or $46,500) to his agent, and he also has to pay 5% of his earnings (or $9,300) to his valet.

This leaves Leon with a net income of $130,200 before taxes. The early odds for Rich Strike were 99/1, but by 4:30 p.m. Eastern Time they had dropped to 92/1. If that had been the case, he would have beaten Donerail, who won the Derby in 1913 at odds of 91/1 and set a record for the longest longshot to win the race.

Kentucky Derby 2022 (FULL RACE) | NBC Sports

Donerail, who had only won four of his 21 races before to entering the Derby, only needed to prevail over seven other horses to claim the title. The staggering odds of 80-1 resulted in some incredible payouts for lucky bettors. The $2 exacta payout was $4,101.20, and the $1 superfecta wager brought in $321,500.10 for the winner.

  • There were certain places where the horse had odds of 80/1.
  • Bettors in Australia, which uses fixed odds, had the option of placing wagers at odds ranging from 250/1 to 300/1 on the horse.
  • The final odds for the horse were 200 to 1 at the Circa in Vegas.
  • Although no one bet it there, bookmaker Matt Metcalf informed The Action Network that enough action was placed on it at 125/1 to make their Kentucky Derby pool a loss overall.

One gambler in Vegas got lucky and didn’t end up with a negative net win. He made the decision to exacta box each horse in the race in order to assure a profit. It set me back $750. He came out ahead by the amount of $2,500, but if Rich Strike hadn’t won, he very certainly would have been in the red.

  • This is an unbelievable victory for horse owner Rick Dawson, who purchased the horse 232 days ago for $30,000 after he won a race at Churchill Downs by more than 17 lengths.
  • This is an unbelievable triumph for the horse.
  • Only one of the horses in the race was purchased for a lower price: Barber Road, who finished sixth in the competition, was bought in 2019 for $15,000.

What would be your overall rating for this article?

What was the largest payout on the Kentucky Derby?

Eric Moody and André Snellings, at the 1d position.3d ESPN Betting and Fantasy Analysts 3d 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 gambled on the victory pool was just $501,135, making Rich Strike the horse with the least amount of money bet 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.
See also:  Who Is The Sheriff Of Harlan County Kentucky?

McIngvale utilized his large wagers on the Derby to offset the impact of the promotion. Rich Strike’s victory was profitable for a number of Las Vegas bookmakers, with the exception of Circa Sports, which came out on the losing end. 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.

Why did Rich Strike get punched?

First made available on May 9, 2022 by, it was most recently updated on June 2, 2022. Note (dated the 17th of May, 2022): The shocking moment when an outrider punched this year’s Kentucky Derby winner, Rich Strike, in the face immediately after the race was met with the appropriate amount of backlash from a wide variety of viewers.

PETA has stated that the incident could have been avoided, and many viewers have agreed with them. If I were the owner of this long-shot Derby winner, you can bet your bottom dollar that I’d be on the racetrack trouncing this man. #KentuckyDerby #KentuckyDerby2022 #KentuckyDerby148 pic.twitter.com/dSj4lmTQDi — Don’t Start (@dontstartnuthin), the account’s handle.

May 7, 2022 We decided to turn our outrage into action by writing a letter to NBC Sports in which we requested that the network give the winning horse at least two minutes after a race to rest before the outrider approaches and takes control of the animal in order to make it easier for the winning jockey to participate in post-race interviews.

It is possible that Rich Strike would not have responded to his hectic surroundings by biting the outrider and his horse if he had been allowed a few seconds to compose himself after the Kentucky Derby. The outrider then hit Rich Strike following the biting incident. The sudden change, in which the three-year-old Thoroughbred was put in the position of confronting a boisterous audience after being compelled to run as fast as he could, was probably overwhelming for him.

During all of that uproar, the fact that a mysterious and unidentified figure on a horse approached us only added gasoline to the fire. The winner of the race is placed through unneeded stress by the expectation of an instant post-race interview, which also puts the lives of the jockeys, outriders, and others at risk.

  1. NBC Sports has a responsibility to take the necessary steps to eliminate the possibility of such situations occurring in the future.
  2. Update (May 16, 2022): Rich Strike, the horse that won the Kentucky Derby in 2018, won’t be required to run in the Preakness Stakes, therefore there won’t be a horse that wins all three races in the Triple Crown in 2022.

PETA is relieved that he won’t have to compete in the race after only two weeks of rest and rehabilitation following his strenuous victory in the Kentucky Derby, after which an outrider fiercely struck him in the face. PETA is delighted that he won’t have to run in the race.

  1. PETA has long called for the arduous Triple Crown schedule to be updated by increasing the amount of time that passes between each of the three races to one month.
  2. This would provide horses with adequate chance to rest and heal after competing in such a strenuous series of races.
  3. The following was published on May 9th, 2022: The content of this video will hit you right in the belly when you watch it.

Rich Strike, the winning thoroughbred of the Kentucky Derby in 2022, received many blows to the face by a handler while the horse was being led to the winner’s circle after finishing the race in first place. Rich Strike, who was likely in a frenzied state as a result of being whipped and forced to race as fast as he could, and then confronting the disorienting commotion of the roaring crowd and bright camera flashes, is said to have begun biting the outrider and his horse, which is believed to have been the initial event that set off the incident.

Outrider Greg Blasi appears to have taken out his frustration on Rich Strike, aggressively striking him in the face and pulling harshly on his reins multiple times (which likely caused Rich Strike pain as horses’ mouths are extremely sensitive). Instead of releasing the horse to let him calm down or having the jockey pull on the outside rein to turn his head, Blasi appears to have taken out his frustration on Rich Strike.

The horse that Blasi was riding displayed signs of its own anxiety and sprang up in what seemed to be an attempt to flee the area. Chaps and other protection gear should have been placed on Blasi’s horse, as is common practice among outriders, so that some of these problems may have been avoided.

What is the biggest bet on the Kentucky Derby 2022?

How Much Does The Kentucky Derby Winner Get Images obtained from Getty The betting handle for the 2022 Kentucky Derby was the biggest it has ever been for any of the three races that make up the Triple Crown. A record amount of $179 million was placed in the pari-mutuel pool on Saturday’s Kentucky Derby, according to ESPN.

This is a significant increase of 17 percent in comparison to the track’s 2021 returns. The total amount of money handled, $179 million, was also eight percent more than the previous record, which had been achieved in 2019. However, in a tragic turn of events for the gamblers, not a lot of money was bet on the horse that ended up winning.

Only $501,135 of the massive total of $179 million was bet on Rich Strike, who triumphed as an extremely improbable underdog to win the first leg of the Triple Crown. Rich Strike was given odds of 80-1. After overtaking the odds-on favorites Epicenter and Zandon in the final few strides of the historic race, Rich Strike’s victory was the second-biggest upset in the event’s long and illustrious history.

A late scratch on Friday allowed the horse to be entered into the Kentucky Derby field, despite the fact that the animal wasn’t even intended to be in the race to begin with. Since Donerail in 1913, Rich Strike is the underdog that has the most potential to win the race. The fact that this was a “regular” Kentucky Derby for the first time since 2019 was a contributing factor in the significant rise in the total amount of money that was gambled on the event.

As a result of the COVID-19 epidemic, the previous two races had to contend with far fewer spectators than normal, and the Kentucky Derby had to be held on a different day than it often is. The Kentucky Derby in 2022, which marked a return to the norm, will be remembered for more than one reason when it is written down in the annals of history.

See also:  What Horse Won The Kentucky Derby 2017?

What race horse won the most money?

Columns

Rank Horse Name Total $
1 Arrogate $17,422,600
2 Thunder Snow (IRE) $16,511,476
3 Gun Runner $15,988,500
4 California Chrome $14,752,650

Has there ever been a female jockey in the Kentucky Derby?

“Diane Crump had a number of firsts when it came to female jockeys and the right to ride,” said Jessica Whitehead, the curator of collections at the Kentucky Derby Museum. “The right to ride” refers to the ability to compete as a jockey.

Who is the best horse in the world right now?

The Longines Rankings of the World’s Best Racehorses

Ranking Rating Horse
1 128 Baaeed (GB)
2 127 Flightline (USA)
3 126 Nature Strip (AUS)
4 125 Life Is Good (USA)

How much do jockeys make if they win the Grand National?

At the Aintree Racecourse, participants in the 2022 Grand National festival have competed in races over the course of three days and more. Since the first day of the event on Thursday, thousands upon thousands of spectators have made their way to the racetrack.

Donna Mulligan was the recipient of the prestigious Style Award, which led to her winning £5,000 in addition to a number of other awards on Ladies’ Day. And on Saturday, the major event finally started for everyone to see. The most anticipated portion of the Grand National got under way at 5:15 p.m., and it was won by a horse at odds of 50/1.

READ ON FOR MORE: Stylish spectators who captured everyone’s attention during Saturday’s race at Aintree. Sam Waley-Cohen took the victory aboard Noble Yeats in what turned out to be his last race. His racing career, from which he has now retired, came to a conclusion with a happy ending worthy of a storybook.

  1. It is rumored that he is close with Prince William and Princess Kate, and he attended their wedding in 2011 as a guest.
  2. Sam is the first amateur jockey to win the race since 1990, and he retires having won seven races on the Grand National course, making him the most successful course jockey of the contemporary period.

Sam also became the first jockey to win the race since 1990. After riding Noble Yeats to victory in the Randox Grand National Handicap Chase on Grand National Day, jockey Sam Waley-Cohen celebrates his victory. (Photo by Steven Paston / PA Wire courtesy of the Jockey Club.) According to reports from the BBC, the fact that he is a novice means that he will not be eligible to win any of the prize money.

  • Sam is a dentist and is 39 years old.
  • The Grand National in 2022 will have a total prize pool of one million pounds, with the winning owner receiving a total of 531,600 pounds.
  • The winning jockeys in the Grand National are awarded around eight percent of the total prize money, while the jockeys who finish in second place often earn four percent.

This indicates that a jockey might earn around £45,000 if they rode a victory at the Grand National. By signing up on this page, you will receive newsletters from the Liverpool ECHO with the most recent information on the news, sport, and what’s going on. How Much Does The Kentucky Derby Winner Get

How much does Irad Ortiz make?

The Most Recent Years

Year Starts Earnings
2019 1548 $33,782,132
2018 1181 $22,043,561
2017 1431 $19,754,544
2016 1463 $21,444,524

What is the salary of a horse jockey?

Horse jockeys in the United States may make anything from $10,049 to $271,427 per year, with a median pay of $48,880 in the field. Horse jockeys make an average annual salary of $271,427, with the top 57% earning between $48,882 and $123,036, and the top 86% making more than $271,427.

How much money does Churchill Downs make on Derby Day?

LOUISVILLE, Ky. — The 148th Kentucky Derby on Saturday not only featured an upset that went down in the annals of history with Rich Strike’s victory, but it also established new records for betting. Churchill Downs made the announcement that the total amount of money wagered on the Kentucky Derby race, the Kentucky Derby Day program, and the Kentucky Derby Week events was the biggest it has ever been at any point in history.

  1. In addition, there were 147,294 persons present at this year’s Kentucky Derby.
  2. The overall amount wagered on the Kentucky Derby Day program was $273.8 million, which is a 17% increase in comparison to the total amount wagered in 2021 and a 9% increase in comparison to the previous record of $250.9 million, which was achieved in 2019.

Rich Strike prevails ‘against all odds’ to win the Kentucky Derby in 2022. The race took place at Churchill Downs. The overall amount wagered on the Kentucky Derby race was $179 million, which is an increase of 15% from the amount wagered in 2021 and an increase of 8% from the previous record amount wagered in 2019, which was $166.5 million.

  1. The totals on Saturday include the 8.3 million dollars that were bet in Japan.
  2. The Chief Executive Officer of Churchill Downs, Bill Carstanjen, was quoted as saying in a statement that “We are truly appreciative to all of the fans of the Kentucky Derby across the world who once again made this an outstanding and unforgettable event.” We anticipate that the adjusted EBITDA (profits before interest, taxes, depreciation, and amortization) for the Kentucky Derby week will represent another record, with $7 to $9 million in growth over the previous record in 2019.

The total amount wagered during Derby week reached a new high of $391.8 million, breaking the previous record established in 2019 of $343 million by 14%. This represents a 25% increase over the amount wagered during Derby week in 2021. The official betting partner of the Kentucky Derby, TwinSpires, revealed that total wagering on Churchill Downs races for the Kentucky Derby Day program was $67.4 million.

This figure represents an increase of 8% over the previous record, which was set in 2021. The total amount of money handled by TwinSpires for the Kentucky Derby event was $44 million, which is an increase of 8% from the previous record. Rich Strike, who replaced Ethereal Road after the latter was forced to withdraw at the last minute, triumphed in the Run for the Roses despite facing the second-longest odds ever for a Derby winner at 80-1.

Zandon and Epicenter came in second and third, respectively, in the competition. Trainer Eric Reed and rider Sonny Leon both won the Kentucky Derby for the very first time with this victory.