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  1. #13

    Re: OT Kentucky Derby

    Quote Originally Posted by GOTA View Post
    They ended up paying around $42 million less because of the DQ. I also see lawsuits when I hear those kind of numbers
    Are you sure you're not misinterpreting something? I see reports that the payout to people who bet on Maximum Security would have been $42 million. But that doesn't mean Churchill Downs paid $42 million less; it simply means that the people who bet on Country House (a massive long-shot) and the eventual 2nd and 3rd place horses got that money instead.
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  2. #14
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    Re: OT Kentucky Derby

    There is always a lot of bumping and interfering when those horses leave the gate to start a race. Someone is always cutting someone off. I'm not sure how different this is to any of that. While I don't think the DQ was necessarily unfair, I think the eventual winner didn't derserve to win. He wasn't interfered with. He just got lucky after running a clear 2nd place race.





  3. #15

    Re: OT Kentucky Derby

    I've never once watched nor heard will, just the animal aspect for me. But I've heard baout it on the radio, if it's a rule... It's a rule. Doesn't make it right, but I get it.
    Bad times don't last, but bad guys do. - Razor Ramon





  4. #16
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    Re: OT Kentucky Derby

    Quote Originally Posted by alien bird View Post
    There is always a lot of bumping and interfering when those horses leave the gate to start a race. Someone is always cutting someone off. I'm not sure how different this is to any of that. While I don't think the DQ was necessarily unfair, I think the eventual winner didn't derserve to win. He wasn't interfered with. He just got lucky after running a clear 2nd place race.
    I would tend to agree with this and also that 20 horses is just too many. But the way it was handled was pathetic with the 15 minute delay and the commis refusing to take questions.
    World Domination 3 Points at a Time!





  5. #17
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    Re: OT Kentucky Derby

    Quote Originally Posted by moose10101 View Post
    Are you sure you're not misinterpreting something? I see reports that the payout to people who bet on Maximum Security would have been $42 million. But that doesn't mean Churchill Downs paid $42 million less; it simply means that the people who bet on Country House (a massive long-shot) and the eventual 2nd and 3rd place horses got that money instead.
    Nope.

    Maximum Security led the betting. It wasn't just to win but also the exacta, trifecta and exotic bets. There was a lot of money put on that horse in all sorts of ways

    Country House was such a long shot that there wasn't anywhere close to the same betting interest. The article I read said the difference in payouts between Maximum Security winning and being disqualified was around $42 million.

    That doesn't mean there was any sort of monetary conspiracy behind the DQ but we all that it doesn't take much for some lawyers to propose some sort of class action suit.





  6. #18

    Re: OT Kentucky Derby

    Quote Originally Posted by GOTA View Post
    Nope.

    Maximum Security led the betting. It wasn't just to win but also the exacta, trifecta and exotic bets. There was a lot of money put on that horse in all sorts of ways

    Country House was such a long shot that there wasn't anywhere close to the same betting interest. The article I read said the difference in payouts between Maximum Security winning and being disqualified was around $42 million.

    That doesn't mean there was any sort of monetary conspiracy behind the DQ but we all that it doesn't take much for some lawyers to propose some sort of class action suit.
    Sorry, no. Thatís not how pari-mutuel betting works:

    ďFor the most part, the swap meant nothing financially for the house. Races such as the Derby operate under a pari-mutuel betting system. All legal bets, whether placed in a Vegas casino or at a trackís window, are pooled together in the same pot. Payouts are determined by how much is bet on each horse, not the odds at the time a bet is made. If you bet a horse at 10-1 during the week, those odds could change by start time based on how many other people bet on that horse.

    For the Kentucky Derby, not counting the exotic bets, people bet more than $65.6 million. Off the top, 17.5 percent of that goes to vendors and prize purses. The rest is paid out to bettors, regardless of which horse wins. Based on the odds, about 12 times as many people bet on Maximum Security, the unofficial winner, as Country House, the actual winner.Ē

    https://www.washingtonpost.com/sport...=.cd9d4459d537





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