Kentucky Horse Racing Winnings will be Paid in Full

Kentucky Horse Racing Commission announced to the Thoroughbred Idea Foundation that bettors will have their winnings paid to a penny starting Friday. The change is a result of legislation passed by the Kentucky General Assembly and signed into law.

Kentucky Horse Racing Winnings will be paid in full. It's the first time in American history a racing jurisdiction is requiring payment to the penny for all wagers. Over the last five fiscal years, an estimated $35 million was collected and retained as breakage from Kentucky races. Now, with the new law, almost all of that money will return to winning bettors.