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This year’s Kentucky Derby developed an all-time upset champion in Rich Strike, leaving many wondering what the payout is for someone who took the longshot. The Kentucky Derby Payouts 2022 are listed below for gamblers who correctly wager on a horse to win, place, or show. In addition to the Exacta, Trifecta, and Superfecta payouts for said year’s biggest horse race.
Payouts For The Kentucky Derby
Here are the payouts for said top three horses on a $2 bet after an exciting and unexpected 2022 Kentucky Derby.
- Rich Strike: Win: $163.60, Place: $74.20, Show: $29.40
- Epicenter: Place: $7.40, Show: $5.20
- Zandon: Show: $5.60
- Exacta ($2 bet): $4,101.20
- Trifecta ($1 bet): $14,870.70
- Superfecta ($1 bet): $321,500.10
The chart below shows the standard horse racing payouts for a $2 win bet. Remember that horse racing is a pari-mutuel system, so these are approximate payouts.
The Odds and Payout are as follows:
- 1-5 = $2.40
- 2-5 = $2.80
- 1-2 = $3.00
- 3-5 = $3.20
- 4-5 = $3.60
- 1-1 = $4.00
- 6-5 = $4.40
- 7-5 = $4.80
- 3-2 = $5.00
- 8-5 = $5.20
- 9-5 = $5.60
- 2-1 = $6.00
- 5-2 = $7.00
- 3-1 = $8.00
- 7-2 = $9.00
- 4-1 = $10.00
- 9-2 = $11.00
- 5-1 = $12.00
- 6-1 = $14.00
- 7-1 = $16.00
- 8-1 = $18.00
- 9-1 = $20.00
- 10-1 = $22.00
- 15-1 = $32.00
- 20-1 = $42.00
- 30-1 = $62.00
- 50-1 = $102.00
What Exactly is a Pari-Mutuel Betting System?
Pari-mutuel betting is not the same as fixed-odds betting, which is available at legal online sportsbooks if gambling on the NFL, NBA, or MLB. With pari-mutuel betting, all bets are combined into a pool. The track receives a portion of the bet, known as the “takeout,” which comes from taxes and racetrack fees.
In pari-mutuel wagering, the final payout is determined once the pool is closed.
Example of Recent Derby
Last year’s Kentucky Derby was marred by the disqualification of the initial champion, Medina Spirit, related to drug violations. However, as the race became official, Medina Spirit bettors earned a payout for the “win.”
Medina Spirit won with odds of 12-1. Mandaloun finished second at 26-1 odds, whereas Hot Rod Charlie finished third at 5-1 odds.
Here are the outcomes, with payouts relying on $2 wagers.
- Medina Spirit: Win: $26.20, Place: $12, Show: $7.60
- Mandaloun: Place: $23, Show: $13.40
- Hot Rod Charlie: Show: $5.20
- $2 Exacta: 8-7: $503.60
- $1 Trifecta: 8-7-9: $1,696.90
- $1 Superfecta: 8-7-9-14: $9,456.40
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