How much did strike Rich cost?
Rich Strike caught the attention of trainer Eric Reed when he was entered for a $30,000 claiming price in a one-mile dirt race last Sept. 17 at Churchill Downs. Reed noted that the Keen Ice colt, bred and owned by well-regarded Calumet Farm, was beaten badly in his debut on turf and might benefit from a surface change.
But winning at 80/1 odds, Rich Strike paid $163.60 on a $2 win bet and triggered some huge payouts in the exotic pools. Rich Strike's win payout was the second-highest all-time in the Kentucky Derby behind Donerail ($184.90) in 1913.
While other Derby starters, such as Taiba, cost exorbitant sums at auction, Rich Strike was acquired for $30,000, plucked out of a maiden claiming race last September at Churchill Downs in his second start.
So, how much did he win his bettors? The short answer – a lot. A $2 exacta with second-place finisher Epicenter paid $4,101.20. A $1 trifecta paid $14,870.70, and the $1 superfecta paid a cool $321,500.10.
Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818.
He wasn't even in the Kentucky Derby field until Friday morning, but a late scratch allowed Rich Strike into the Churchill Downs starting gate in post 20 on the first Saturday in May.
I was hyperventilating," Stacie Conard told ABC affiliate WHAS. "The kids were trying to tell me to calm down, but they were all pretty excited." Conard and her five children won $25,000 when Rich Strike pulled off the upset with 80 to 1 odds, winning the 148th Kentucky Derby. "I'm sure all the neighbors heard us.
Rich Strike triggered the second-biggest upset in the race's 148-year history, paying $163.60 to win. Only Donerail in 1913 had a higher payout of $184.90. Rich Strike ran one and a quarter miles in 2:02.61.
Even one of my girls in the betting window, she came up to me and said, 'Eric, I bet $2 on Rick's horse and won $163. '" Miller said the Roadhouse patrons on Saturday were not only happy about unexpectedly winning money, but they were even more excited their friend had won the biggest horse race in the world.
Rich Strike was purchased last fall for $30,000. At the time of the sale he had been entered in a low-level claiming race by his former owner, Calumet Farm, which has won a record eight Derbys.
How much did the jockey of Rich Strike win?
This is the most unbelievable day ever possible.” Rich Strike, who covered the mile and a quarter in 2 minutes 2.61 seconds, rewarded his believers with a whopping $163.60 on a $2 bet to win. It was the second-biggest upset in the race's history, behind only Donerail in 1913 who paid $184.90.
Rich Strike: The story behind an Oklahoma man's Kentucky Derby winner. LEXINGTON, Ky. — Starting the most prestigious event in horse racing at 80-1 odds to win set Oklahoma horse owner Rick Dawson's thoroughbred up for one of the biggest upsets in racing history.
If you bet $100, you will win $100 times the odds you bet at. For example, if you bet $100 at +200 odds, then you would win $200 (payout $300 – $100 bet).
There won't be any controversy over this year's Kentucky Derby winner. The Kentucky Horse Racing Commission announced that all post-race samples from the Kentucky Derby came back clear, including Rich Strike's. The colt went from an also-eligible to the second biggest long shot to win the run for the roses.
Only 1 percent of bettors bet on Rich Strike
Of the $50 million bet on the Derby, only $501,000 were bet on the horse.
Why did Rich Strike try to bite the pony and its outrider? Aaron Mudd of the Lexington Herald-Leader spoke to Caton Bredar, an on-air host with horse racing television network TVG, about the biting incident involving Rich Strike. Her conclusion was that the horse was acting typical of an aggressive male horse.
Here's what you need to know about the @KentuckyDerby post positions. Meanwhile, the winning jockey who successfully crosses the finish line first will receive 10% of the winner's purse — which equates to a $186,000 payday before taxes and other payments.
After crossing the finish line in first place at the 2022 Kentucky Derby, winning Thoroughbred Rich Strike was repeatedly hit in the face by a handler who was leading him to the winner's circle.
In the moments after he crossed the finish line, as spectators in the stands erupted into a roar, video and images showed outriders on the track struggling to get Rich Strike under control as he repeatedly bit the lead pony and its rider Greg Blasi.
Rich Strike at one point actually got the pony's reins in his teeth, and twice the pony reared up on his hind legs. And, of course, Rich Strike also took a chomp out of Blasi's leg, for good measure.
How fast was Rich Strike running mph?
Rich Strike's Peak Speed (44.2 mph) is the fastest in a Kentucky Derby on Trakus (2011-present) by nearly 1 full mph. No other horse hit 43 mph peak speed in the last 12 Kentucky Derby's. Rich Strike's top speed of 44.2 mph was two miles faster than any other horse in the field.
twitter.com/HoopyHoops/sta… The post-race moment sparked plenty of reactions on social media, with some Twitter users cracking jokes about the chaotic moment. Others questioned and offered explanations justifying Blasi's decision to punch Rich Strike.
He finished 5¾ lengths behind Tiz the Bomb in the Jeff Ruby Steaks, earning the 20 points he needed to qualify for the Kentucky Derby. Now the chestnut colt will go down in history after earning the winner's share of $1.86 million for owner Richard Dawson of RED TR-Racing.
The stewards' ruling issued Sunday by the Kentucky Horse Racing Commission accused Leon of “intentionally attempting to interfere with and impede the progress of a rival by repeatedly making physical contact with another rider in the stretch.”
Rather than earn a salary, a jockey receives a “mounting fee” (often $50-$110) for each race, riding sometimes eight races per day. The real money for jockeys comes from prize money, if they can ride a horse to finish first, second or third in a race and earn part of the purse.
Rich Strike is owned by RED TR-Racing LLC, which bought him for $30,000 last fall. This was the second victory of the horse's career and the owner received as much as $1.86 million.
The Edmond resident, who owns and races horses as Red TR-Racing, is a semi-retired oil and gas businessman.
“Rich Strike and Dan-O's — it's a perfect match,” Dawson said. “Neither of us started as the biggest or the best known in our industries, but we both know when we have a good thing and we don't give up. We're excited to see Rich Strike don the Dan-O's logo this weekend and win another one at the 2022 Belmont Stakes.”
For example, if you bet $10 on 4.0 odds, the total amount returned on a winning wager would be $40 ($10x4). The potential profit is $30, or $10x4 minus the $10 stake.
Across the board
You also need to keep in mind that when you make a $2 across-the-board bet that you will need to pay a total of $6 to cover your ticket. This is because you are placing a $2 win bet, a $2 place bet and a $2 show bet.
How much is a $2 across the board bet?
Across the board
Three equal win, place and show bets on a horse in a race, hence this bet also is known as Win Place Show. A $2 bet across the board would cost $6. If the bettor's horse finishes first, the bettor wins win, place and show money.
Bettor Wins $74K on $5 Trifecta Wager on 2022 Kentucky Derby After Rich Strike Upset.
But in a cruel twist of fate for bettors, not much money was placed on the horse that won. Of the whopping $179 million, only $501,135 was wagered on Rich Strike, who won the opening leg of the Triple Crown as a very unlikely 80-1 underdog.
McIngvale, who has a track record of betting big on the biggest sporting events, plans to place a record-breaking wager of $2.5-3 million on whichever horse ends up being the favorite in the 148th running of the Kentucky Derby.
- Rich Strike: $1.86 million. Replay. Play/Pause. Mute. -00:01 Fullscreen. ✨ Watch more top videos, highlights, and B/R original content.
- Epicenter: $600,000.
- Zandon: $300,000.
- Simplification: $150,000.
- Mo Donegal: $90,000.
- Barber Road.
- Tawny Port.
- Smile Happy.
Both Rich Strike trainer Eric Reed and jockey Sonny Leon emerged victorious in their first Derby entry. Typically, trainers and jockeys will receive 10% of all earnings.
"When I was in the last 70 yards, I said 'I think I've got this race. ' ... It's a dream come true." Rich Strike's upset paid $163.60 to win, $74.20 to place and $29.40 to show on a $2 bet.
Jockeys are some of the original “gig workers” because they work as independent contractors. Rather than earn a salary, a jockey receives a “mounting fee” — often $50-$110 — for each race, riding sometimes eight races per day.
