Derby faked us out of our

May 10, 2005 4:04 AM

Well this year’s Kentucky Derby is in the history books and most of our money is in the hands of the books. But what a great race and some people were very happy with the result.

Susan over at TI (Treasure Inn) made a $5 and $2 win bet on Giacomo and also had Giacomo in a Derby pool. I actually won my bet when the horses left the gate (over 18 starters) so all was not lost. Except the wrong Italian horse won the race. The other entry, Bandini, was up the track along with all the other big guns.

Now if you happened to be with my group last Wednesday at one of our favorite Italian restaurants, you may have bet the winner. It all started as we were sitting at the bar waiting for my cousin Liz to get there from work. Liz is usually fashionably late, so we started talking about the Derby.

Someone in our party said that he was going to make the Italian exacta between Bandani and "GEE-A-COMO." My cousin Greg, who is 100 percent Italian, states bluntly its "JOCK-A-MO." Well, the battle brewed and we agreed it was "JOCK-A-MO." Jock won the race, but the exacta went down. I mean forget about trying to handicap these big races, it was right in our face at the restaurant.

Maybe next time, now on to the Preakness.

Speaking about the exacta, which paid $9,814.80 for a $2 wager, there were several unhappy bettors hitting the house quinella for $2 and getting back $303. Oh, well. The trifecta also was hit here in Vegas by several people and it paid $133,134.80 for a $2 bet.

Vinny Sanzare at Fiesta Rancho told me a bettor there made a three-horse exacta box costing $12 and hit it cold. Now that’s when you really know that you are walking around lucky.

The Kentucky Derby itself set an all time record for wagering, becoming the first North American race to handle over $100 million. The interesting part about the handle is that, of the $100 million bet, on track handled $10 million and off track $93.2 million. Now what are some of these tracks thinking when they want to limit some off track bet sites? If it wasn’t for the OTB’s there may be about five or six tracks in operation.

Just taking a quick look at the race, the Derby profile held up once again. The winner raced as a two year old, had the preps and a race within four weeks of the Derby.

The California brigade, dismissed by all, put in top efforts. Santa Anita Derby winner Buzzards Bay, who beat Giacomo in that race, made a huge move on the turn even though he was hung out coming out of the 20 post. The Bay still ended up finish fifth in what was a big time effort. Keep an eye on this guy in the future big races.