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05/05/2010 - Louisville, KY (Sportsbook Betting Lines) - The numbers are in, and they show that attendance and betting figures for this year's Kentucky Derby and Kentucky Oaks were up significantly from 2009.
Despite heavy rain and torando warnings Saturday, 155,804 came to see Super Saver and jockey Calvin Borel win the $2 million Run for the Roses. This figure is an increase from last year when 153,563 came to Churchill Downs on the first Saturday in May.
On Kentucky Oaks Friday, a record crowd of 116,046 came to watch Blind Luck edge Evening Jewel in the 1 1/8-mile race for three-year-old fillies. This was an increase of 11 percent over 2009.
"The Churchill Downs team congratulates all those involved with Super Saver on his historic victory in this year's 136th running of the Kentucky Derby Presented by Yum! Brands," said Churchill Downs Racetrack President Kevin Flanery. "After setting attendance and wagering records on Oaks Day, we can't say enough about Kentucky Derby fans who didn't let the rain dampen their enthusiasm."
The total two-day attendance of 258,430 is an increase of more than 13,000 from 2009. Kentucky Derby Day attendance has now exceeded 150,000 a total of 10 times.
Wagering on the Kentucky Derby alone totaled $112.7 million, a 7.8 percent increase from the $104.6 million in 2009. Saturday's 13-race card at Churchill Downs was $162.7 million, an increase of 4.3 percent from the $156 million last year.
There was a sizeable increase in wagering on the Kentucky Oaks. Friday's race had $10.6 million pass through the windows, a 55 percent increase over the 2009 total. Wagering on the 12-race Kentucky Oaks Day card was an all-time record $36 million, a 20 percent increase over 2009.
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Underdog bettors love the Super Bowl and, history suggests, the underdogs love them back. And the big dogs bite harder.
Even so, there is a warning in store for Super Bowl gamblers who must love dogs: The Arizona Cardinals Super Bowl betting lines might not be enough of a Cinderella to make it worth your while.
Although the Cardinals were widely panned as one of the worst division winners and least playoff-worthy teams in recent memory, their trip to Super Bowl XLIII Jan. 31 in Tampa against the Pittsburgh Steelers Super Bowl betting lines comes with a little more respect from the oddsmakers than you might imagine. They are a 7-point underdog at most sports books.
If you count yourself among those who covet the big dog in the big game, this isn’t exactly great news. You should have been hoping for more points. This is because the facts show that the bigger the dog, the better the bet in the Super Bowl.
Case in point: Over the past 13 seasons, double-figure underdogs in the Super Bowl are 4-0-1 ATS and have won the past three outright. In fact, the last double-digit chalk to do the deed for bettors was the 1995 San Francisco 49ers, who managed to beat the astounding 19-point spot afforded backers of the San Diego Chargers in the 49-26 romp in Super Bowl XXIX.
By contrast, 7-point favorites are 2-1-1 ATS in the same span, the last such contest resulting a cover grinded out by the Colts in their 29-17 win over the Bears two seasons ago in Super Bowl XLI.
In 2004, the Patriots failed to cover the number in their 32-29 triumph over the Carolina Panthers in Super Bowl props while the Rams and Titans gave everyone a refund in 2000 after the Rams posted a 23-16 win as a seven-point favorite.
So while Arizona’s run has included impressive upsets as a 10-point road underdog to the Carolina Panthers and Sunday’s 32-25 win in the NFC championship game to the 4-point favored Philadelphia Eagles, their long-shot story lacks a bit of the David vs. Goliath storyline of past Super Bowl underdogs.
While the seven-point spread represents a significant gap in the perception of strength between the two teams, it is far from monumental. For example, last season the Giants were the wild-card afterthought turned road-warrior buzzsaw, with stunning wins over the Buccaneers, Cowboys and Packers to earn their place in the Super Bowl.
There, they played spoiler to New England’s bid to become the first 19-0 team in NFL history and cemented their place in sports betting lore with a 17-14 win as a 12.5-point underdog.
In other words, the Cardinals appear to have their work cut out for them as a mid-range underdog. But in homage to the spread beaters who have come before them, here is a brief look back at recent colossal upsets in the Super Bowl:
SB XLII -- 2008 -- New York Giants 17, New England Patriots 14 (Giants +12.5) – Eli Manning’s 13-yard touchdown pass to Plaxico Burress in the final minute clinched the historic upset for the Giants, who used a masterful defensive plan to slow down Tom Brady and the previously undefeated New England Patriots.
XXXVI -- 2002 -- Patriots 20, Rams 17 (Patriots +14) – This was the coming out party for the aforementioned Brady, who went from obscure sixth-round draft pick to Super Bowl hero in one fell swoop. He led the game-winning drive in the final minute – eschewing analyst John Madden’s advice to take a knee and play for overtime – leading to Adam Vinatieri’s memorable 48-yard field goal that split the uprights as time expired.
XXXII 1998 Broncos 31, Packers 24 (Denver +12) – The first of John Elway’s two consecutive Super Bowl titles to put an end to his Hall of Fame career was an upset for the ages. The Broncos used the determination of Elway and a 157-yard, three-touchdown performance from Terrell Davis to turn back Brett Favre and the heavily favored Packers.
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