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Sports news with a Vegas perspective.

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  • Created On:
    09/07/2011 10:47 PM
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Kentucky Derby Results 2012 (Official Payout Results)

Saturday (May 5, 2012) was the 138th running of the Kentucky Derby at Churchill Downs in Louisville, Kentucky. The race was broadcast by NBC with a post time of 6:24 PM ET, with official Kentucky Derby results and payouts announced soon after. #19 I'll Have Another comes in 1st by rallying to stun Bodemeister to capture the Derby and pays out $32.60 for every $2.00 wagered.

2012 Kentucky Derby Results:

19 I'll Have Another M. Gutierrez 32.60 13.80 9.00
6 Bodemeister M. Smith 6.20 5.60
5 Dullahan K. Desormeaux 7.20

$1 DAILY DOUBLE Paid: $408.80 1-19
$1 EXACTA Paid: $153.30 19-6
$1 PICK 3 Paid: $1648.70 6-1-19
$1 PICK 4 Paid: $15562.20 10-6-1-19
$1 PICK 5 Paid: $47847.60 4-10-6-1-19
$1 PICK 6 Paid: $1580.90 2-4-10-6-1-19
$1 SUPERFECTA Paid: $48046.40 19-6-5-13
$1 TRIFECTA Paid: $1532.80 19-6-5

Many causal horse betters do not understand exactly how to read racing results. Basic information includes "win odds" for each horse. Typically payouts are quoted for every $2 bet. Even seconds before the race the payouts our estimates - official results that are actually paid out are only available once the race is complete. Payoffs are rounded down to the nearest dime or nickle (depending on the track). Rounding is called "breakage" - and is an advanced horse racing results topic.

To determine the precise win odds on a horse, you will require figures beyond those provided by the toteboard - specially, total win pool and amount bet on each horse. Before payout, the track takes it's "take" - typically 15%-20%. So, exact odds are calculated by subtracting the take from the pool minus amount bet horse in question divided by the amount bet by the player. (rounded off to the nearest dime or nickle).

Movie 2012 Kentucky Derby Best BetsPregame.com Pro Marco D'Angelo and Dave Tuley from ViewFromVegas.com and the Daily Racing Form discuss their 2012 Kentucky Derby best bets.