Bet In USA

No doubt the Kentucky Derby is one of the most awaited events for all horse racing lovers. The longest running event in US horse racing, takes billions in wagering from bettors from all over the world. But this was the first time in a long history that the race had to face such a deep economic crisis. A crowd of 153,563 people gathered last Saturday in Kentucky, at the famous Churchill Downs. Betting is a huge part of the event, and it adds some thrill to this two minute sporting event.

The crisis reduced the number of folk attending the racetrack, but the Derby is still a symbol of American sports and the most important event, revenues wise, when it comes to US horse racing. If fact, every year the bets placed on the race are over $100 million and the 2009 event was no different. The Kentucky Derby is always a big emotional event, even if you are not into horse racing. This year the results was quite surprising. The underdog, Mine That Bird, given 50:1 odds, won the race. That was a shocking result, we would say one of the biggest in racings long history. Sports betting in US is massive, especially when it comes to horse racing.

Speaking about bets, what does it mean in horse racing? With a $2 bet on Mine That Bird you could have taken home $103,20! But nobody just bets $2, some punters would have wagered at least $100, which would have given them a $5.160 win. It’s a good profit, isn’t it? We hope you picked up the first three place winners, because in that case the payout for $100 bet, would have been more than $2,000.000! Winning $39,000.000 was also possible, with a little bit more luck and the ability to guess the first 6 horses. I’m sure now we have your attention and you want to know more about betting in horse racing.