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The Kentucky Derby offers one of the most unique betting opportunities in the sport.
One reason: The race is 1 ¼ miles long and has up to 20 horses in the field. Because all of the horses are 3 years old, none have raced that distance yet. Combine that with a crowd of more than 100,000 in attendance at Churchill Downs, and the unexpected could happen.
Rich Strike was a last-minute addition to the field in 2022 due to scratches and won at 80-1 odds, paying $163.