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Betting on Ky Derby Again to Pre-COVID Ranges, On-line Wagering a File

Posted on: Could 2, 2021, 01:28h. 

Final up to date on: Could 2, 2021, 02:34h.

They weren’t information, however Churchill Downs Inc. reported strong a betting deal with for the 14-race card Saturday, highlighted by the Kentucky Derby. In response to a press launch from the Louisville-based firm, bettors wagered $233 million.

Kentucky Derby 147
It’s the second-highest Derby Day deal with in historical past, trailing solely the $250.9 million wagered two years in the past. That embrace all sources, together with wagers made at different tracks and thru on-line platforms,

It’s the second-highest Derby Day deal with, trailing solely the $250.9 million wagered two years in the past. As for the race itself, $155.4 million was guess on the Derby, down from the document $165.5 million wagered two years in the past.

These figures embrace all sources, together with wagers made at different tracks and thru on-line platforms, resembling Churchill Downs personal TwinSpires. Figures for on-track wagering weren’t launched. Nonetheless, it’s probably that will likely be down considerably from the 2019 whole of $21.3 million as a result of decreased crowds due to COVID-19 restrictions.

Churchill Downs reported a crowd of 51,838 on Saturday. Whereas it’s the most important crowd to look at a sporting occasion for the reason that COVID-19 pandemic started, it’s roughly a 3rd of the 150,729 who attended the races two years in the past.

Immediately it was extremely gratifying to welcome our followers again to Churchill Downs for the 147th operating of the Kentucky Derby,” Churchill Downs Inc. CEO Invoice Carstanjen stated in a press release.

Medina Spirit received the race Saturday, giving coach Bob Baffert his record-setting seventh win within the race, and jockey John Velazquez his fourth.

The Kentucky Derby is historically the most-wagered occasion yearly in US horse racing, a sport that generates about $11 billion in whole deal with

Final yr, the pandemic delayed the race to Labor Day weekend and saved Churchill Downs from welcoming followers. Wagering on the day’s races plummeted to $126 million.

File for On-line Derby Betting

One sector the place Churchill Downs did see record-breaking numbers was, not surprisingly, in on-line wagering. For Saturday’s whole card, Churchill Downs reported a “preliminary document” deal with of $62.7 million from its TwinSpires platform.

For simply the Kentucky Derby, $40.8 million, one other “preliminary document” was wagered via TwinSpires.

Each figures are substantial will increase from final yr’s totals, in accordance with Churchill Downs. The race-day deal with was up 66 p.c from 2020, and the TwinSpires Derby deal with noticed a rise of 75 p.c.

An element probably serving to the web wagers was that viewership rose considerably. NBC Sports activities on Sunday stated its preliminary information reveals Saturday’s broadcast will common about 15 million viewers. Final yr’s broadcast was watched by simply 9.3 million, the smallest tv viewers within the race’s historical past.

The common viewership in 2019 was 16.5 million.

Churchill Downs Stories Comparable Oaks Deal with

The second-best Kentucky Derby deal with comes a day after Churchill Downs posted its third-best Kentucky Oaks day whole. The $54.3 million wagered ranks simply behind the $55.8 million guess in 2018 and the $60.2 million in 2019.

Final yr’s Oaks card reported a complete deal with of $30.8 million.

The weekend deal with of $287.3 million trailed solely the 2019 whole of $311.1 million.

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