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What did 80 to 1 odds pay?

Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818.

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Kentucky Derby 2022 odds: Long shot Rich Strike wins Run for the Roses May 8 share facebook twitter reddit link Bettors who love to play long shots hit it big at the 148th Kentucky Derby on Saturday at Churchill Downs in Louisville. Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818. He stunned the sports world on Saturday by winning by three-quarters of a length over second-place finisher Epicenter (4-1 favorite). Rich Strike is the second-biggest long shot to win in Derby history. Donerail, who won in 1913, went off at 91-1. "Forget Rich Strike -- Lightning Strike," NBC's Mike Tirico said after the race. "That's one of the biggest upsets in the history of the Kentucky Derby. Friday morning at 8 a.m, this horse was not in the race." Rich Strike got into the race when Ethereal Road scratched on Friday, and the eventual winner spent most of Saturday at 99-1 and was still at 91-1 less than two hours before the race.

RELATED: Everything you need to know about the Kentucky Derby

PAYOUTS

Rich Strike paid $163.60 to win, $74.20 to place and $29.40 to show. He ran the 1 1/4 miles in 2:02.61.

Epicenter paid $7.40 to place and $5.20 to show.

Zandon, who finished another three-quarters of a length back in third, paid $5.60 to show.

The $2 exacta paid $4,101.20. The $1 trifecta paid $14,870.70.

Summer Is Tomorrow covered the first half-mile at the head of the field in 45.36 seconds, and commentators said the fast pace opened the way for Rich Strike as the favorites tired down the stretch. Jockey Sonny Leon and Rich Strike are the second tandem to win the Derby from the 20th post position since the modern starting gate was introduced in 1930 (Big Brown in 2008). Owner Eric Reed claimed the horse for $30,000 after a maiden race at Churchill Downs in September 2021. Prior to the shocking win, the Derby winner had raced seven times. During those races, he won once, placed third three times and didn't place at all three times. If you are ready to throw a few bucks down on the next long shot, head over to FOX Bet to place your wagers!

 

Play FOX Super 6 every week for your chance to win thousands of dollars every week. Just download the Super 6 app and make your picks today!

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What does +5 mean in spread?

For example, let's say the Dallas Cowboys (+5.5) are playing the New England Patriots (-5.5). If you bet on the Cowboys, they don't have to win, they just have to lose by 5 points or less. If you bet on the Patriots, they have to win by at least 6 points.

The most popular form of NFL betting is by the spread. When looking at the spread for an NFL game, each team in the game will have a plus or minus. The team with a + is the underdog, so they are receiving points. The team with a – number is the favorite, so they are giving up points. If you are betting on the favorite (-), they have to win by more points that the spread indicates. On the other hand, if you bet on the underdog (+), they only have to get within the spread for your bet to win. For example, let's say the Dallas Cowboys (+5.5) are playing the New England Patriots (-5.5). If you bet on the Cowboys, they don't have to win, they just have to lose by 5 points or less. If you bet on the Patriots, they have to win by at least 6 points.

How do you read the odds on a spread?

For spread betting, the odds are always close to even. The spread is set differently for each game, which depends on odds makers and advanced algorithms. The odds on each spread will be around -110. It could move slightly if one team is receiving more wagers than the other.

How do spread bets pay out?

Since the odds are similar on both sides, you will come close to doubling your money regardless of who you bet on. Unlike betting on moneylines, the underdog and favorite will pay out close to the same, if not exactly the same.

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