The Kentucky Derby is a particular event that occurs each year at Churchill Downs. Even those which aren’t horse racing fanatics fill likely to not just see but bet on this big event.
I found myself wondering exactly how much cash has been wagered. What I found was shocking, considering we are talking about Something Which lasts a mere 2 minutes.How Much was Wagered about the Kentucky Derby & Attendance This Year
Last year was another record breaking year for the total amount of money wagered on the Kentucky Derby. In 2018, there was 227.5 million bet on the entire race card by all-sources. Smashing the previous mark set only a year ago in 2017 of $209.2 million.
As far as the actual race , there was $149.9 million bet across all-sources. Another new record, beating the 2017 markers of $139.2 million.
While the money bet reached new limitations, attendance numbers were down . Just 157,813 showed up, but a good deal of this was because of the bad states. While the amount of attendees was just down marginally from the 158,070 that attended in 2017, it’s a far cry from the 170,513 which were at the huge occasion in 2015.
I have put together a table that appears back at the betting history. As you can see, the money intake with this has grown dramatically in the last two decades. There was only $140.4 million bet on the entire card back in 2003 and that is about as far as what we currently get on just the final race.
It’s important to remember the numbers below don’t reflect the whole picture. The figures are only for the money taken on North American racetracks.
It doesn’t include figures from sportsbooks on line or vegas. It’s been reported that Vegas sportsbooks take in about an average of $33 million monthly. There typical take home in May is roughly $11 million more at $44 million. As for the internet publications, they have been estimated to take in $26.8 million around the entire app in 2016. With approximately $16.6 million around the main event.