The 2016 Kentucky Derby is fast approaching, and is one of the best moments on the sports calendar. Over 170,000 fans packed Churchill Downs to set an attendance record last year while $194.3 million in wagering was bet on the race. If you didn’t care about the Fastest Two Minutes In Sports before, then it’s time that you did.
Betting on horses and thoroughbred racing go hand in hand. They’re a paired institution with a loaded and deep history. And there’s tons of money in it for both bettors and horse men. Bob Baffert, who trained American Pharoah to a Triple Crown win last year, has grossed over $300 million in his long standing career. Jockey Victor Espinoza saddled American Pharoah for all of three races, and in his own career he has taken home over $186 million. This is a big money sport.
Winning the Triple Crown makes you an instant legend in the sport. No horse had completed the three-race sweep of the Kentucky Derby, Preakness Stakes and Belmont Stakes since Affirmed had done so in 1978. Everybody involved in thoroughbred racing wants the immortal title of being a Triple Crown winner.
In recent years, it’s simply become a much more difficult goal to achieve. Training is getting better across the board, and breeding is as fine tuned as it ever has been. The competition is much denser than it used to be. So winning the Triple Crown isn’t just hard – it’s damn near impossible.