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News / Sports / National Sports

Costly DQ: Maximum Security bettors lost about $9M

Refunds will be issued

By Associated Press
Published: May 5, 2019, 12:01pm

LOUISVILLE, Ky. — Bettors who wagered on Maximum Security in the Kentucky Derby only to see the colt get disqualified for interference will receive refunds.

Twinspires.com, Churchill Downs’ online wagering service, tweeted that it will give back up to $10 to anyone who bet on Maximum Security to win in Saturday’s Derby.

The company said $6,212,046 was bet on the colt to win. Maximum Security also had $1,495,408 bet to place and $1,272,082 wagered to show, so the disqualification cost those bettors about $9 million.

Country House, a 65-1 shot, was moved up to first place from second. The colt paid $132.40, $56.60 and $24.60.

Twinspires.com says $520,907 was wagered on Country House to win.

A $2 exacta wager — involving horses finishing first and second — paid $3,009.60. A $1 superfecta bet — involving the first four horses — returned $51,400.10.

Churchill Downs said wagering on the Kentucky Derby increased 10 percent to a record $165.5 million, surpassing the old mark of $149.9 million set last year. This year’s wagering included $4.1 million bet in Japan, the first time the Derby was offered for wagering in that country. Master Fencer, the first Japan-bred to run in the Derby, was sixth.

The track said wagering from all sources on the 14-race card totaled a record $250.9 million, up 11 percent over last year’s total of $225.7 million.

The attendance of 150,729 was down 4 percent compared with last year, with the forecast of all-day rain keeping fans away, although the heaviest rain didn’t fall until about an hour before the Derby was run.

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