Question: What was the largest bet on the Kentucky Derby?

Churchill Downs reported a record $165.5 million was bet on the 2019 Kentucky Derby.

What was the biggest bet in the Kentucky Derby 2021?

Meet the man who bet $2.4 million on 2021 Kentucky Derby favorite Essential Quality. Essential Quality was destined to be the post-time favorite for Saturday’s Kentucky Derby at Churchill Downs, but if you’re wondering why his odds are so low it has to do with a Houston businessman with a lot of money.

Who bet the most money on the Kentucky Derby?

Jim “Mattress Mack” McIngvale made history this weekend by betting $2.4 million on one horse at the Kentucky Derby.

Who bet 4 million on the Kentucky Derby?

McIngvale won’t arrive with suitcases of money. He plans to wire $4 million to Churchill Downs Wednesday afternoon to use at his discretion later in the week as he formulates his betting strategy.

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How much money did Mattress Mack lose in the Kentucky Derby?

KENTUCKY Derby punter ‘Mattress Mack’ lost one of the biggest racing bets EVER after sticking $2.3MILLION (£1.7m) on pre-race favourite Essential Quality.

How much money is betted on the Kentucky Derby?

North American Racetracks: Money Bet on the Derby (Simulcast)

Year On-Track (Program) All Sources (Race)
2019 $48.4m $165.5m
2018 $39.2m $149.9m
2017 $32.8m $139.2m
2016 $23.5m $124.7m

How much money does Churchill Downs make on Derby Day?

TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S., and the official wagering partner of the Kentucky Derby, recorded preliminary record handle of $62.7 million on Churchill Downs races for the Kentucky Derby Day program, an increase of 66%.

Who bet 2.4 million on the Derby?

Update: ‘Mattress Mack’ bets $2.4 million on Essential Quality to win Kentucky Derby. Update: According to NBC, “Mattress Mack” has now bet $2.4 million to win on Essential Quality.

How much money is wagered in the Kentucky Derby?

Betting on the 19-horse, 2021 Kentucky Derby race was $155.4 million, off of the $165.5 million in 2019 but a 96% increase over last year, with 15 starters.

Who won Kentucky Derby 2021 Horses?

Trainer Bob Baffert of Medina Spirit, raises the trophy after winning the 147th running of the Kentucky Derby with Medina Spirit, his seventh career Kentucky Derby win, at Churchill Downs on May 01, 2021 in Louisville, Kentucky.

Who put 2.4 million Essential Quality?

Jim McIngvale, aka “Mattress Mack”, owns the Gallery Furniture chain in Houston. He is known for putting huge bets down on sports events. He even got a World Series ring from the Astros for what he has done. At the Kentucky Derby on Saturday, Mack bet $2.4 million on Essential Quality to win the race.

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Did Mattress Mack win his bet on the Derby?

Jim “Mattress Mack” McIngvale made what is believed to be the largest losing wager in horse racing history Saturday, as a $2.4-million win bet on Essential Quality (Tapit) went down in flames as the favorite in the GI Kentucky Derby finished fourth. But, for McIngvale, there were no wounds to be licked.

What horse did Mack bet on Kentucky Derby?

Medina Spirit, a massive underdog, was the winner. The bet was believed to be one of the largest in the history of the storied Triple Crown race, and it also tied in with a generous promotion at his Gallery Furniture stores.

What horse did Mack bid on?

Jim McIngvale, a Houston-based furniture magnate popularly known as ‘Mattress Mack’, has announced plans to stake between $2 million and $4 million on the unbeaten colt at Churchill Downs.

Does Mattress Mack own horses?

Expertise: Horse Racing, Legislation, Sports Betting. … Of course, McIngvale, better known to bettors as Mattress Mack, is more than a sports bettor. He owns the chain of Gallery Furniture store in Houston and he’s a horse owner.

How much is Gallery Furniture worth?

Today Gallery Furniture is one of the most-successful independent furniture retailers in the country. Its stores have at various times achieved the highest level of sales-per-square-foot of any store in the US. According to reports released in 2005, the company generates $200 million in revenue per year.