Straight pools power Kentucky Derby wagering to another record

Straight pools power Kentucky Derby wagering to another record

Article brief provided by Daily Racing Form
  • Matt Hegarty, Daily Racing Form
May 7, 2023 1:55 PM

Betting on the Kentucky Derby this year again established a record at $180.16 million, with the total benefiting from an enormous surge in wagering in the straight pools, according to charts.

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Overall, betting on the Derby was up 6.8 percent compared to last year’s record, or approximately $11.4 million. Betting in the win, place, and show pools was up 18.0 percent, or $13.8 million, making up for declines in the trifecta and superfecta pools. The straight pool total was $89.2 million, easily a record.

Officials for Churchill Downs and its sports-betting partner, FanDuel, had predicted a gain in Derby wagering due to the ability of FanDuel customers to use their deposits to bet on the Derby for the first time this year, without first opening an account with a horse-racing platform.