As sports gambling continues to grow by leaps and bounds, betting on ponies is growing as well.
As Craig McCraw, Caesar’s vice president of trading, puts it, “This is the Super Bowl of horse racing,” and there’s no horse race on the calendar more bet on than Saturday’s Kentucky Derby.
Just before 7 p.m. ET, viewers across the country will watch 20 horses head to the starting gate at Churchill Downs, and nearly every horse will have some sort of bet on it.
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Panoramic view of Churchill Downs before the start of the 149th Kentucky Derby to be held in Louisville, Kentucky on May 6, 2023. (Michael Reeves/Getty Images)
It may be the only horse race that a significant number of people watch throughout the year, but the need to participate in horse racing has increased in recent years.
“It used to be a game just for men. Now sports betting has become more involved…younger generations are more involved and it’s more social,” McCraw said recently on Fox News. He said this in a digital interview. Note that Tom Brady and other celebrities often appear wearing pastel colored suits and hats. “There has been an increase in interest.”
Mr Macklowe admitted Saturday’s Run of the Roses had a “mile” lead and horse racing betting would only rise “before and after the marquee meeting”. Believe it or not, the Preakness and Belmont actually lag behind the Breeders’ Cup races in terms of handle, but nothing beats the race at Louisville.
A panoramic view of roses lined up in the winner’s circle with Twin Spires in the background before the start of the 148th Kentucky Derby at Churchill Downs in Louisville, Kentucky on May 7, 2022. (Brian Spurlock/Icon Sportswire via Getty Images)
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“The Kentucky Derby has a rich history. Ever since I came here (from England), all Americans have been like, ‘It’s Derby Day.'” Everybody looks forward to this day, and it’s almost like a national race. It’s like a public holiday. “[fromEngland)alltheAmericansarelike’It’sDerbyDay’Everyonegetsexcitedforit-it’slikeanationalholiday”[fromEngland)alltheAmericansarelike‘It’sDerbyDay’Everyonegetsexcitedforit-it’slikeanationalholiday”
But McCraw jokes that because everyone wants to bet at the same time (usually in the last few hours, or even minutes, before a race), you can get stuck in line waiting to place a bet. (Keep in mind, Caesars, FanDuel, DraftKings, etc. don’t accept typical horse racing wagers – these still have to be done through another horse racing betting site like TVG).
“Tom, Dick and Harry all say, ‘I’ll bet on the Derby,’ because it’s the Derby. Everyone waits until the last moment, but then they end up queuing on the mobile app,” says Insight. the rich man says. mucklow. “My advice is to check the weather first, because weather can affect horses, and to bet early, especially when you pick a horse and put pen to paper and then If you choose , you don’t want to be disappointed.”You don’t want to end up winning a ticket that you didn’t get. ”
General view before the 149th Kentucky Derby race at Churchill Downs on May 6, 2023 in Louisville, Kentucky. (Joe Robbins/Icon Sportswire via Getty Images)
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McCraw says Sierra Leone’s 4-1 favorite has the most money and people are betting on him to win.
Posted at 6:57 PM ET.
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