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Churchill Downs has set the dates for its quartet of three-day betting pools for its 2016 Kentucky Derby Future Wager ("KDFW") and a single pool for the historic track's Kentucky Oaks Future Wager ("KOFW").
Dates for the pools for the Kentucky Derby Future Wager, which is now in its 16th year, are:
Wagering on each of the Kentucky Derby Future Wager pools will open at noon (all times Eastern) of the first day (Wednesday for pool 1, Thursday for the remaining pools) and close on Saturday prior to post time of a designated race on the Road to the Kentucky Derby prep schedule, except for the first pool which will run from Thursday through Sunday. The KDFW Pools will feature both win and exacta wagering.
The single three-day pool for the Kentucky Oaks Future Wager, now in its 12th year, is scheduled for March 11-13 and will run concurrent to Pool 3 of the Kentucky Derby Future Wager. Betting on the KOFW pool will open at noon on Wednesday and is set to conclude on Saturday prior to the post time of a designated Road to the Kentucky Oaks prep race.
The wagers provide fans of the Kentucky Derby and Kentucky Oaks opportunities to bet on potential competitors in those great American races at odds that could be considerably more attractive than those available on the days on which the respective races are run. Winning mutuel payouts on both wagers are determined by the odds that are in place at the conclusion of each respective betting pool.
The 142nd running of the $2 million-guaranteed Kentucky Derby Presented by Yum! Brands (G1), America's greatest race and the 1 1/4-mile first jewel of the coveted Triple Crown for 3-year-olds, is scheduled to be run on Saturday, May 7 at Churchill Downs. The $1 million-guaranteed Kentucky Oaks, the nation's top prize for 3-year-old fillies, will be run on Friday, May 6, the eve of the Derby. Like the Derby, the Kentucky Oaks has been contested annually since 1875 and its 2016 renewal will mark the 142nd consecutive year that the 1 1/8-mile "Derby for Fillies" has been run beneath the track's historic Twin Spires.
Both the KDFW and KOFW pools consist of 24 wagering interests that include 23 individual horses and a mutuel field, or "all others" interest. In the Kentucky Derby wager, the mutuel field is made up of all other 3-year-olds - including fillies. The mutuel field in the Kentucky Oaks bet consists of all other 3-year-old fillies.
All bets in the Kentucky Derby and Kentucky Oaks Future Wagers are $2 minimum wagers. No refund will be made on any wager placed during the Kentucky Derby and Kentucky Oaks Future pools. If it is determined during an individual pool that any of the individual betting interests has suffered an illness, injury or other circumstance that would prevent that horse from competing in either race, wagering on that betting interest will be suspended immediately.
Wagering on the Derby and Oaks Future wagers is available through TwinSpires.com and other advance deposit wagering platforms and at racetracks and simulcast centers throughout North America.
Wagering interests for the 2016 Kentucky Derby and Kentucky Oaks future pools will be announced on the Tuesday prior to the Wednesday start of each pool. Real-time odds and other information on the KDFW will be available at the official event Web site at www.KentuckyDerby.com, and information on the KOFW will be available at www.KentuckyOaks.com.
Eventual Triple Crown winner American Pharoah's win in the 2015 Kentucky Derby paid $7.80 for a $2 wager on race day. In the Future Wager, his $2 win payouts were $27.60 in Pool 1, $23.00 in Pool 2, $18.20 in Pool 3, and $13.00 in Pool 4.
Eventual Kentucky Oaks winner Lovely Maria returned $14.60 for a $2 win bet on the 2015 Kentucky Oaks, however her mutuel payout in the lone 2016 Kentucky Oaks Future Wager pool was $81.60.
Full results for all four pools of the 2015 Kentucky Derby Future Wager can be viewed here and for the single 2015 Kentucky Oaks Future Wager pool here.
You may also want to participate in Churchill Downs' Kentucky Derby fantasy stable contest the Road to the Roses Fantasy Challenge. The contest will open for entries in 2016 and the first scoring races will be in February.
Derby logo courtesy of Churchill Downs
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