Superfecta Winners Pull A Pretty Prodigious Profit

Many happy returns

Mine That Bird and jockey Calvin Borel

Superfecta bettors who placed just $1 on the combination of Mine That Bird, Pioneer of the Nile, Musket Man and Papa Clem to come in first, second, third and fourth, respectively, will be rolling in the dough.

Each $1 superfecta bet wins $278,503. While this amount is, of course, before taxes, superfecta winners will take home six figures for a $1 bet. The winners won’t be needing debt relief now.

Do the math

The win amount is so huge because Mine That Bird was running against 50-1 odds. A total of 23 people correctly guessed who the top four horses would be.

CNBC reports at SportsBiz that this year, you could have bet on every combination of the 19 horses in the race to win and still made pretty good money. A $1 bet on every superfecta combination would have cost $93,024. But, Darren Rovell warns, “if you did this for every Derby, you’d lose most of the time.”

You wouldn’t want to need an online payday loan to pay off your gambling debts.

Another historic superfecta

This year marks the biggest superfecta payout since 2005, when only seven lucky winners struck it rich with their $1 bets. That year the payout was $864,253.

Kentucky Derby history

The Kentucky Derby is the oldest horse race in the United States and North America’s second-oldest. The Kentucky Derby has been around since 1875.

Meriwether Lewis Clark Jr., who was grandson of William Clark of the Lewis and Clark expedition, was very influential in organizing the Kentucky Derby. For the first several years, the Kentucky Derby was a 1.5-mile race. In 1896 it was modified to its current 1.25 miles.

Still to come

The Kentucky Derby is the first competition of the United States Triple Crown of Thoroughbred Racing. The next race, Preakness Stakes, will be held May 15. It is always on the third Saturday in May at Pimlico Race course in Baltimore, Maryland.

After Preakness Stakes comes Belmont Stakes, the final leg. It is always three weeks after Preakness Stakes, so this year it will be June 5. Belmont Stakes is held at Belmont Park in Elmont, New York.