Kentucky Derby 2013 Payout: Breaking Down Returns for Each Horse
The fastest two minutes in sports has been completed for the 139th consecutive time, and Orb was the horse who emerged victorious from the 19-horse field at Churchill Downs on Saturday.
Followed by Golden Soul and Revolutionary, Orb was the odds-on favorite both when the morning line odds were announced after post selection on Wednesday (h/t ESPN) and after all the money came in at the track on Saturday afternoon.
A 5-1 favorite when the race began, Orb brought back $12.80 on a $2.00 bet and finished as one of the most popular horses to bet on before post time and talk about after post time.
Only three horses—four if you count the Superfecta bets—made out in the money at the 2013 Kentucky Derby, and that leads for plenty of winning tickets and even more that will be shreds of paper for the cleaning crew to pick up.
Here's a complete overview of the 2013 payouts after the Run for the Roses.
2013 Kentucky Derby Payouts
|Place||Horse (Post)||Win||Place||Show||Pre-Race Odds|
|1||Orb (16) ||$12.80||$7.40||$5.40||5-1|
|2||Golden Soul (4) ||—||$38.60||$19.40 ||34-1|
|3||Revolutionary (3)||— ||— ||$5.40||6-1|
|4||Normandy Invasion (5)||—||—||—||9-1|
$2 Exacta: (16-4) paid $981.60; $1 Trifecta: (16-4-3) paid $3,462.80; $1 Superfecta: (16-4-3-5) paid $28,542.00. Payouts courtesy NBC's broadcast.
Orb wasn't a convincing favorite, and he ended up being the weakest favorite in the history of the Derby to win the race (via ESPN Stats & Info):
Orb: longest odds of a post-time favorite to win the Derby (5.4-1)— ESPN Stats & Info (@ESPNStatsInfo) May 4, 2013
That ended up making bets on Orb generally better than the 2-1 or 3-1 odds that favorites generally get. And whenever you see double-digit money mark in the "win" section of the payout sheet, you've generally done pretty well for yourself as a bettor.
Heck, Tom Brady reportedly even jumped on the Orb bandwagon (h/t Smart Football):
Rumor at the track is Tom Brady put $4700 on Orb to win— Smart Football (@smartfootball) May 4, 2013
If you took Orb in any bet on Saturday, you made some sort of cash. His place and show odds are significantly lower than the win ones, but you got as much money for taking Orb to show as you did taking Revolutionary in any bet.
To the victor go the spoils, and those smart enough to bet on Orb were rewarded in many different forms on Saturday afternoon.
One of the lowest horses on the overall odds totem pole, Golden Soul joined the late-charge parade and ended up getting second place in a race where the field looked entirely different at the finish line than it did around the final turn.
With 34-1 post odds, no one who took Golden Soul to win or place was complaining.
Bettors were justified in taking a risky pick when Golden Soul—ridden by Robby Albarado—crossed the finish line. A $2.00 WPS (win-place-show) bet on Golden Soul pulled in a tidy sum of over $38.00, and that's a nice pull for a horse nowhere near contender status when the race began.
There's always a sleeper who emerges from the bottom of the field to take home a win, and this year it was Golden Soul. Just remember next year when you are betting that it's okay to dump a small sum on a horse with high odds because sometimes it pays off.
Don't get crazy, though.
Revolutionary had a great chance to be the favorite at post time, and right before the race started, it looked like he and Orb would share that honor.
The real money came out, though, and pushed Revolutionary back to 6-1 odds—good for second among the 19-horse field.
Revolutionary was an attractive horse to win the race all week, and those odds improved when Black Onyx was scratched out of the No. 1 post. Oxbow might have won the race out of the gate, but Calvin Borel and Revolutionary almost mounted the inside charge behind Orb to come all the way back.
There's a lesson to be learned from all three horse payouts—both favorites and sleepers can win this race. Heck, who would be surprised if a horse came from the stable and won it in a few years? We've seen stranger things.
And horse betting is a fickle subject.
Just think—a correct $1.00 bet on the four-horse finish would have bought you a new car ($28,000). A $28,000 bet on the wrong horse, on the other hand, comes out the same as any other incorrect bet—at zero.
So goes the Derby, and so goes the gambling.
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