What does 80 1 mean in horse racing?

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.

foxsports.com - Kentucky Derby 2022 odds: Long shot Rich Strike wins Run for the Roses

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Make Your Bookie Cry And Pull The Hair By Generating $23,187

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Kentucky Derby 2022 odds: Long shot Rich Strike wins Run for the Roses May 8, 2022 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!

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How do you take 20% off a price?

First, convert the percentage discount to a decimal. A 20 percent discount is 0.20 in decimal format. Secondly, multiply the decimal discount by the price of the item to determine the savings in dollars. For example, if the original price of the item equals $24, you would multiply 0.2 by $24 to get $4.80.

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Finding discounts when you go shopping can make purchases much more tempting because of the additional savings you get by buying the product at that time. However, a discount may not make the item affordable for your budget. In order to figure out if a discount makes an item affordable, you need to figure out how much the item will cost after the discount. For discounts measured as a percentage, the size of the discount depends on the original price of the item. First, convert the percentage discount to a decimal. A 20 percent discount is 0.20 in decimal format. Secondly, multiply the decimal discount by the price of the item to determine the savings in dollars. For example, if the original price of the item equals $24, you would multiply 0.2 by $24 to get $4.80.

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