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Mine That Bird (foaled May 10, 2006) is a champion American Thoroughbred racehorse who won the 2009 Kentucky Derby at 50-1 odds [1] and came second in the Preakness Stakes and third in the Belmont Stakes. He had earnings of $2,228,637 and was inducted into the Canadian Horse Racing Hall of Fame in 2015. [2]
The 2005 Kentucky Derby was the 131st running of the Kentucky Derby.The race took place on May 7, 2005, and was won by Giacomo, a longshot at odds of 50–1. [2] Another longshot, Closing Argument, finished second, resulting in an exacta payout of $9,814.80. [1]
Offering 24 betting options (23 individual horses at odds ranging from 10–1 to 50–1, and an "All others" option at 5-2 odds), favorites include Capt. Candyman Can and Old Fashioned at 10–1, followed by Friesan Fire, Midshipman, Pioneerof the Nile, Stardom Bound, This Ones for Phil, and Vineyard Haven at 12–1.
If the probability of being offered 5 to 1 odds is more than 50%, the Kelly bettor will actually make a negative bet at 2 to 1 odds (that is, bet on the 50/50 outcome with payout of 1/2 if he wins and paying 1 if he loses). In either case, his bet at 5 to 1 odds, if the opportunity is offered, is 40% minus 0.7 times his 2 to 1 bet.
Giacomo, ridden by Mike E. Smith, won the 2005 Kentucky Derby in a time of 2:02.75. [4] At odds of 50–1, Giacomo stands as tied, with Mine That Bird in 2009, for the fourth-biggest longshot ever to win the Derby, trailing only Country House (horse), at 65–1 in 2019, Rich Strike at 80-1 in 2022, and Donerail, who went off at 91–1 in 1913. [5]
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Odds, lines, payouts: A guide to Super Bowl betting lingo January 30, 2022 at 9:52 PM Betting odds for NFL football's Super Bowl 55 are displayed on monitors at the Circa resort and casino sports ...
Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.