by Zachary Kelley | Apr 29, 2024 1:56 pm | Horses
Fierceness is the betting favorite at +250 odds but their post position greatly hurts their chances. No horse has ever won the Kentucky Derby from post No. 17 and only three of 42 horses ever showed (top-three finish). T O Password (+3500), Catalytic (+4000), and Just...
by Brett Crown | Mar 19, 2024 12:06 pm | Sports Betting
All current betting odds for the Kentucky Derby have each horse at +650 or longer, which means now may be a good time to lock in some value ahead of the race. The best horses to look at are Timberlake, Dornoch, Domestic Product, Sierra Leone, or Track Phantom because...
by Zachary Kelley | Feb 23, 2024 1:09 pm | Revenue
Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...
by Zachary Kelley | Dec 11, 2023 3:48 pm | Revenue
Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with...
