Churchill Downs has set the dates for its trio of three-day betting pools for its 2012 Kentucky Derby Future Wager (“KDFW”) and a single pool for the historic track’s Kentucky Oaks Future Wager (“KOFW”).
Dates for the pools for the Kentucky Derby Future Wager, which is now in its 14th year, are:
- Pool 1 – Feb. 10-12
- Pool 2 – March 2-4
- Pool 3 – March 30-April 1
Wagering on each of the Kentucky Derby Future Wager pools will open at noon (all times Eastern) on Friday and close on Sunday at 6 p.m. The KDFW Pools will feature both win and exacta wagering.
The single three-day pool for the Kentucky Oaks Future Wager, now in its ninth year, is scheduled for March 2-4 and will run concurrent to Pool 2 of the Kentucky Derby Future Wager. Betting on the KOFW pool will open at noon on Friday and is set to conclude on Sunday at 6:30 p.m., 30 minutes after the conclusion of betting on the accompanying Kentucky Derby Future pool. The Kentucky Oaks Future Pool will also offer win and exacta wagering.
The wagers provide fans of the Kentucky Derby and Kentucky Oaks opportunities to bet on potential competitors in those great American races at odds that could be considerably more attractive than those available on the days on which the respective races are run. Winning mutuel payouts on both wagers are determined by the odds that are in place at the conclusion of each respective betting pool.
The 138th running of the $2 million-guaranteed Kentucky Derby Presented by Yum! Brands (Grade I), America’s greatest race and the 1 ¼-mile first jewel of the coveted Triple Crown for 3-year-olds, is scheduled to be run on Saturday, May 5 at Churchill Downs. The $1 million-guaranteed Kentucky Oaks, the nation’s top prize for 3-year-old fillies, will be run on Friday, May 4, the eve of the Derby. Like the Derby, the Kentucky Oaks has been contested annually since 1875 and its 2012 renewal will mark the 138th consecutive year that the 1 1/8-mile “Derby for Fillies” has been run beneath the track’s historic Twin Spires.
Both the KDFW and KOFW pools consist of 24 wagering interests that include 23 individual horses and a mutuel field, or “all others” interest. In the Kentucky Derby wager, the mutuel field is made up of all other 3-year-olds – including fillies. The mutuel field in the Kentucky Oaks bet consists of all other 3-year-old fillies.
All bets in the Kentucky Derby and Kentucky Oaks Future Wagers are $2 minimum wagers. No refund will be made on any wager placed during the Kentucky Derby and Kentucky Oaks Future pools. If it is determined during an individual pool that any of the individual betting interests has suffered an illness, injury or other circumstance that would prevent that horse from competing in either race, wagering on that betting interest will be suspended immediately.
Wagering on the Derby and Oaks Future wagers is available through TwinSpires.com and other advance deposit wagering platforms and at racetracks and simulcast centers throughout North America.
Team Valor’s Animal Kingdom, who went off at odds of 20-1 and paid $43.80 for a $2 win wager in the 2011 Kentucky Derby, was listed as an individual betting interest only during Pool 3 of last year’s Derby Future Wager. He closed at odds of 31-1 in that pool and a $2 future wager on trainer Graham Motion’s colt returned $64.40 on Derby Day. As a member of the “all others” mutuel field in the first two pools of 2011, he returned $6.20 for a Pool 1 bet and $9.40 for a Pool 2 wager. Both Animal Kingdom and Derby runner-up Nehro were part of the “all others” interest (#24), so the KDFW $2 exacta payouts for the three pools were:
- Pool 1 – 24-13 (mutuel field over third-place Mucho Macho Man) for $230;
- Pool 2 – 24-12 (mutuel field over third-place Mucho Macho Man) for $388.20;
- Pool 3 – 1-12 (Animal Kingdom over runner-up Nehro) for $3,074.60.
The Derby Day $2 exacta payout for Animal Kingdom over Nehro (16-19) was $329.80.
Eventual Kentucky Oaks winner Plum Pretty was not an individual betting interest in the lone Kentucky Oaks Future Wager pool, but returned $21.80 to win as member of the KOFW mutuel field. The Peachtree Stable filly trained by Bob Baffert returned $14.60 for a $2 win wager on Oaks Day. Both Plum Pretty and runner-up St. John’s River were members of the mutuel field, so the KOFW exacta paid to 24-23, with third-place Zazu under the top two “all others” finishers, and returned $142.20 for a $2 bet. The Oaks Day exacta of Plum Pretty over St. John’s River (12-13) paid $163 for a $2 wager.
Wagering for the three 2011 Kentucky Derby Future Wager Pools totaled $1,362,101, the fifth highest total since the Derby bet was introduced in 1999 and its largest three-pool betting total since 2007. Kentucky Oaks fans wagered $92,902 during the single KOFW pool of 2011, second only to the single-pool total of $117,368 recorded in the wager’s introductory year in 2003.
Wagering interests for the 2012 Kentucky Derby and Kentucky Oaks future pools will be announced on the Wednesday prior to the Friday start of each pool. Real-time odds and other information on the KDFW will be available at the official event Web site at www.KentuckyDerby.com, and information on the KOFW will be available at www.KentuckyOaks.com.