The Breeders’ Cup holds a special place in the heart of horseplayers, but less so with more casual sports bettors.
The Breeders’ Cup holds a special place in the hearts of horseplayers, but the year-end championships of thoroughbred racing have always had to contend with challenging timing and significant competition in trying to win the affection of more casual sports bettors.
The event will feature 14 “Grade 1” championship races with more than $34 million in purses and awards up for grabs, including $7 million for the Breeders’ Cup Classic. “When you're betting longshots down there, they're usually live because they're good horses and they belong in that field,” Avello said. “But there has to be a favorite, and there have to be longshots. And so that's what makes this day so exciting, is that there is the potential to make a lot of money and hit some pretty big-priced horses.
The bookmaker has made the Thoroughbred Aftercare Alliance and the Permanently Disabled Jockeys Fund its co-title sponsors of the two races as well. That's in addition to making $100,000 donations to both organizations. For example, some of the horses running this weekend will pop up again next year in Triple Crown races as contenders and favorites to win the Kentucky Derby, Preakness Stakes, and Belmont Stakes.
Betting, of course, is one of the cornerstones of the Breeders’ Cup. Moore said the handle for the event is typically on the level of a Belmont or Preakness, although not quite what comes in on the Kentucky Derby.
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