Betting on Ky Derby Back to Pre-COVID Levels, Online Wagering a Record

Posted on: Could 2, 2021, 01:28h. 

Final up to date on: Could 2, 2021, 01:40h.

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

Kentucky Derby 147

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.four million was guess on the Derby, down from the report $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, akin to Churchill Downs personal TwinSpires. Figures for on-track wagering weren’t launched. Nonetheless, it’s seemingly that can be down considerably from the 2019 complete of $21.three million attributable to scale back crowds due to COVID-19 restrictions.

Churchill Downs reported a crowd of 51,838 on Saturday. Whereas it’s the biggest crowd to observe a sporting occasion because the COVID-19 pandemic started, it’s roughly a 3rd of the 150,729 who attended the races two years in the past.

At present it was extremely gratifying to welcome our followers again to Churchill Downs for the 147th working of the Kentucky Derby,” Churchill Downs Inc. CEO Invoice Carstanjen mentioned in an announcement.

Medina Spirit gained 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 probably the most wagered occasion yearly in US horse racing, a sport that generates about $11 billion in complete deal with

Final yr, the pandemic delayed the race to Labor Day weekend and stored 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 report” deal with of $62.7 million from its TwinSpires platform.

For simply the Kentucky Derby, $40.eight million, one other “preliminary report” was wagered via TwinSpires.

Each figures are substantial will increase from final yr’s totals, in response to 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 seemingly serving to the net wagers was that viewership rose considerably. NBC Sports activities on Sunday mentioned its preliminary knowledge exhibits Saturday’s broadcast will common about 15 million viewers. Final yr’s broadcast was watched by simply 9.three million, the smallest tv viewers within the race’s historical past.

The typical viewership in 2019 was 16.5 million.

Churchill Downs Experiences Comparable Oaks Deal with

The second-best Kentucky Derby deal with comes a day after Churchill Downs posted its third-best Kentucky Oaks day complete. The $54.three million wagered ranks simply behind the $55.eight million guess in 2018 and the $60.2 million in 2019.

Final yr’s Oaks card reported a complete deal with of $30.eight million.

The weekend deal with of $287.three million trailed solely the 2019 complete of $311.1 million.

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