2012 Kentucky Derby Payouts: Betting the fastest horse has been a cultural phenomenon since before the Roman Empire and is not going to go away. As a matter of fact, horse betting is only getting bigger. The biggest of all the betting events takes place this Saturday with the 2012 Kentucky Derby at Churchill Downs. There are many different ways and venue to bet either online, at the track or with a local. Bodemeister is the straight up Derby favorite at 4/1 Horse Racing Odds at most horse books, with a payout of $400 on a $100 wager. Online sports book TopBet.com is offering Bodemeister the favorite at +100 even odds. The best place to find information on horse handicapping, betting and payouts is with the Daily Racing Form. Horse racing fans can find the DRF at their local news stand or online.
According to TopBet.com, Liason is the least likely horse to win the Kentucky Derby. Trained by one of the most successful trainers in the business in Bob Baffert, Liason had the misfortune of drawing a 20-post position and as a consequence, has been lined at 50/1 odds. What 50/1 translates to in dollars and cents is +5,000 where a $100 wager will net $5,000. Is Liason worthy of the risk? Probably not but miracles do happen. Animal Kingdom won in 2011 as a 20/1 underdog but that pales to Mine That Bird as a 50/1 winner in 2010.
If interested in wagering a trifecta or win, place or show, check with your local or check your area for a pari-mutual horse betting facility usually located at a track. Of course some states outlaw pari-mutual betting so one would be at less risk to wager at any number of sports books online. Off shore books also offer prop bets that yield great payouts.
Get Expert Horse Racing Picks from the Top Horse Racing Handicappers before the start of the first race in the Triple Crown series, sign up for free Horse Racing Picks on all races including the Kentucky Derby, Preakness Stakes and Belmont Stakes.
2012 Kentucky Derby Gate Draw and Odds
Gate – Jockey, Trainer, Projected Payout on $100 bet
1 Daddy Long Legs, Colm O’Donoghue, Aidan O’Brien, $3000
2 Optimizer, Jon Court, D. Wayne Lucas $ 5,000
3 Take Charge Indy, Calvin Borel, Patrick Byrne, $1,500
4 Union Rags, Julien Leparoux, Michael Matz, $450
5 Dullahan , Kent Desormeaux, Dale Romans, $800
6 Bodemeister, Mike smith, Bob Baffert, $400 (FAVORITE)
7 Rousing Sermon, Jose Lezcano, Jerry Hollendorfer $200
8 Creative Cause, Joel Rosario, Mike Harrington $1,200
9 Trinniberg, Willie Martinez, Bisnath Parboo, $5,000
10 Daddy Nose Best, Garrett Gomez, Steve Asmussen $1,500
11 Alpha, Rajiv Maragh, Kiaran McLaughlin , $1,500
12 Prospective, Luis Contreras, Mark Casse,$5,000
13 Went The Day Well, John Velazquez, H Graham Motion, $2,000
14 Hansen, Ramon Dominguez, Make Maker, $1,000
15 Gemologist, Javier Castellano, Todd Pletcher, $600