If you are betting the Kentucky Derby Today

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NES

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Keep in mind that most shops do not offer full track odds so you might want to check out max payouts. Our shop offers 30W/20P/14S and 100 max on on Exotics(based on a $2 wager). This is pretty standard for most books so you might want to investigate before you start betting $50 Superfecta Wheels.
 

"Deserves got nothin to do with it"
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my bookie says the line is not set until post. i dont understand this
 

NES

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my bookie says the line is not set until post. i dont understand this

Probably meaning that he has no idea what the horse is going to pay until its over, the track is parimutual and continues taking bets till the horses leave the gate so its impossible to determine what the horse is going to pay.


Offshore books on the other hand are not parimutual but base themselves on the track payout but will cap the amount you can win. Say for example you bet a $20 Trifecta that Paid $250, the track would pay you $2500 but your bookie probably would pay you $980($1000 - ticket cost). You should definately ask what the cap is and avoid betting longshots and trifectas if you book does limit payout amounts.
 

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My book will pay up to 30K

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A ( Eligible for Rebate , Max Payout : $30,000.00 - POST TIME 18:04 )
W P S # HORSE JOCKEY
1 COOL COAL MAN LEPAROUX J R
2 TALE OF EKATI COA E M
3 ANAK NAKAL BEJARANO R
4 COURT VISION GOMEZ G K
5 EIGHT BELLES SAEZ G
6 Z FORTUNE ALBARADO R J
7 BIG TRUCK CASTELLANO J J
8 VISIONAIRE LEZCANO J
9 PYRO BRIDGMOHAN S X
10 COLONEL JOHN NAKATANI C S
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14 MONBA DOMINGUEZ R A
15 ADRIANO PRADO E S
16 DENIS OF CORK BOREL C H
17 COWBOY CAL VELAZQUEZ J R
18 RECAPTURETHEGLORY BAIRD E T
19 GAYEGO SMITH M E
20 BIG BROWN DESORMEAUX K J
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CapNCash

To put it simply all payoffs are not decided until the betting windows are closed (except long ago bet futures) but lets take the win payoff. Win prices are dependent upon how much maney is bet on the horse that is eventual winner in relation to the entire amount of money bet in the win pool.

That is why no one can tell the exact win price (or any other price) until the betting windows close when the horses break from the gate. Someone could bet $100,000 on a longshot to win at the last second and change a horse's odds and therefore payoff price drastically from say 20 to 1 to 10 to 1 for example at the last minute.


BOL. today, wil..
 

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if your betting a horse over 15-1 get your lazy ass out to a track.
 

Oh boy!
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When betting the Derby I always like to bet the best jockey. In this case I'm betting on the favorite #20 Big Brown at 3-1 with Kent Desormeaux.
 

NES

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When betting the Derby I always like to bet the best jockey. In this case I'm betting on the favorite #20 Big Brown at 3-1 with Kent Desormeaux.


Betting the chalk takes years of practice.
 

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