America’s Day to Wager: The experts weigh in on betting the 2022 Kentucky Derby
Betting is a big part of the Kentucky Derby annually. Visit NBC Sports EDGE for a full breakdown of horse racing’s Triple Crown.
The Kentucky Derby presents a complex and difficult wagering situation. It is the only time horses will run in a 20-horse field. Around $300 million in all-sources money will be wagered on Oaks Day and Derby Day combined. Some of the money wageved doesn't count into that total. Some house parties might have a pool where people put up ten bucks each to pick a horse number out of a hat, with the winner getting all $200 in the pool.
The 2022 Kentucky Derby is the first time horses will run a mile and a quarter in a 20-horse field.
Canonero II won the Derby at 19-1 odds. Mine That Bird won two races in 2009. Kenny Rice advises people to go with their gut instinct. Eddie Olczyk advises to follow the straight bets. He was hired on horse racing for NBC because of his work on a hockey telecast. The winner of the Kentucky Derby is usually a 3-year-old. It is difficult to predict the outcome of a race. Randy says that the inexperience of young horses makes it difficult. However, history has proven that most winners are not flukes. They include Charlie Whittingham with Ferdinand in 1986, Mack Miller with Sea Hero in 1993, and Art Sherman with California Chrome in 2014.
The average $2 Win payoff was $30.70. 12 of 25 winners paid under $15. 6 paid at odds of 20-1 or more. 10 of the 25 paid $90 or less, but 5 paid over $500.
