How Likely Was It That Mystic Dan Would Win?

Mystik Dan, a McPeek-trained horse, won the 150th running of the Kentucky Derby at Churchill Downs in a stunning photo finish, earning a $3.1 million prize for its owners. The horse, ridden by jockey Brian J. Hernandez Jr., crossed the finish line a nose ahead of Sierra Leone and Forever Young to win the 2024 Kentucky Derby.

Mystik Dan entered the 20-horse race with 18-1 odds and rode the rail down the stretch with a short lead. At 18-to-1 odds, Mystik Dan paid $39.22 to win, $16.32 to place, and $10 to show. Sierra Leone paid $6.54 to place and $4.64 to show. Forever Young finished third and Catching Freedom was fourth.

Mystik Dan entered the race at 17-1 odds, making it his first Kentucky Derby win for jockey Brian Hernandez Jr. Forever Young finished third and Catching Freedom was fourth. Mystik Dan pulled ahead down the final stretch and was able to just hold off late charges by Sierra Leone, the No. 1 horse in the race.

The Kentucky Derby runner-up, Sierra Leone, is the 9-5 favorite in the 2024 Belmont Stakes odds, while Mindframe is 7-2 and Mystik Dan is 5-1. Despite not being predicted to win, Mystik Dan and his jockey, Brian Hernandez Jr., were the winners of this year’s Derby, with a time of 2:03.

Wagering on the 150th Run for the Roses, won by Mystik Dan at 18-1 odds in 2:03.34, eclipsed the $200-million mark for the first time in the race’s history. Fans showed more faith in him, betting him down to 18-1 by the start.

In summary, Mystik Dan, ridden by Brian J. Hernandez Jr., won the 2024 Kentucky Derby in a stunning photo finish, earning a $3.1 million prize for his owners.

How much did Mystic Dan pay to win?

Mystic Dan, the winner of the Kentucky Derby, was paid $39. 22 for winning the race, $16. 32 for placing second, and $10. 00 for finishing third. In contrast to the majority of US states, which round down to the dime, Kentucky employs a penny breakage system. The next event on the schedule is the Preakness. It should be noted that the victory of Mystic Dan is the only one that matters in this context.

How much do I win if I bet $100 on odds?

Decimal odds are a mathematical concept used to calculate the probability of a specific outcome. For instance, a $100 bet made at a decimal odds of 3. 00 would result in $300, with $200 in profit and the original $100 amount risked. Conversely, a $100 bet made at a decimal odds of 1. 50 would result in $150, with $50 in profit and the original $100 amount risked. The formula for decimal odds is (American odds / 100) + 1, where 0 represents decimal odds, 1 represents fractional odds, and -100 represents fractional odds. For decimal odds of 2. 00 or greater, the formula is (decimal odds – 1) * 100, and for decimal odds between 1. 01 and 1. 99, the formula is -100 / (decimal odds – 1) = American odds.

How much is the 10 dollar bet on mystic dan payout?

The Preakness Stakes, the second leg of horse racing’s Triple Crown, will begin on Saturday in Baltimore. Kentucky Derby winner Mystik Dan is favored to win at 5-2 odds and a moneyline of +250, with a winning $10 bet yielding a $35 payout. This comes just two weeks after Mystik Dan’s upset victory in the Kentucky Derby. The race is part of the Triple Crown, which includes the Kentucky Derby and the Preakness Stakes.

What does 20:1 odds mean?

A +7 spread indicates a 7-point underdog, meaning the team must beat its opponent outright or lose by 6 points or fewer. If the team loses by exactly 7 points, it is called a push (tie). A +4. 5 spread signifies a 4. 5-point underdog, with a half-point attached to ensure no push. If the underdog wins or loses by four points or less, it “covers the spread”. If the underdog loses by 5 points or more, it does not cover the spread. A +350 odds indicate a significant long shot with a 22 implied probability of winning.

A $100 bet on a small underdog at odds of +125 would yield a profit of $125. A 20-to-1 odds indicates a long shot unlikely to win, with an implied win probability of 4. 76. A $100 bet on a 20-to-1 underdog would bring in a profit of $2, 000, but it doesn’t happen often.

How much did Mystic Dan pay out?

Mystik Dan emerged triumphant in the 150th Kentucky Derby, claiming victory in a photo finish and securing a $3. 1 million prize for its owners. This sum represents a notable increase from that of the previous year’s winner, Mage, who earned a record-setting $5 million purse. The horse, ridden by jockey Brian Hernandez Jr., completed the race in a time of 2:03. 34 and was offered at odds of 18-1. The top five horses received substantial financial compensation.

What are 100x odds?

One may wager on the Pass line, wherein the dice roller establishes a point on the initial roll. One may place a wager up to 100 times the amount wagered on the Pass line, thus allowing one to maximize one’s winnings.

What were mystic dan odds?

This year’s Derby was heavily betted on, with a record $320. 5 million worth of bets favoring Firecenees. Despite not being predicted to win, Mystic Dan and his jockey, Brian Hernandez Jr., were the winners with a time of 2:03. 34. Mystic Dan only beat Sierra Leone by a nose, one of the smallest margins in the event’s history. This win won the horse 3. 1 million dollars, and Sierra Leone received 1 million for second place. Brian Hernandez Jr. described his win as a “lifetime achievement” and discussed the big it would be for his family, as many of his family members were also jockeys.

Mystic Dan was heavily favored to win the Preakness Stakes on May 18, 2024, due to his run in the Kentucky Derby. He finished second in the stakes to Seize the Grey, who won at 9-1 odds. Your donation will support the student journalists of Sidwell Friends School, allowing them to purchase equipment and cover their annual website hosting costs.

What does +5000 odds mean?

The positive moneyline indicates a team as an underdog, with higher numbers indicating a higher likelihood of losing. The number also indicates the amount of money won per $100 wager placed. For instance, a +150 moneyline means you would win $150 for each $100 wager placed if the team wins. To bet the New England Patriots on the moneyline, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. The return would be $340, including the original stake and $100 bet profit.

How much did you win if you bet $100 on Mystic Dan?

Mystik Dan won the Kentucky Derby at 16/1 odds, topping 19 other horses in the first jewel of the Triple Crown. A $100 bet on Mystik Dan would have profited $1, 600, for a total payout of $1, 700. In the Preakness, Mystik Dan moved to the vacated No. 4 post, and the field dropped from nine horses to eight. The Preakness is often easier for a standout Derby winner, while the Belmont has horses that ran the Derby and then had a full five weeks of rest.

Despite the short rest, Mystik Dan has Derby experience and victory and could benefit from a wet track for Saturday’s 6:50 p. m. ET post time, with a 79 chance of rain during the day and 69 chance in the evening.

What were the odds on Mystic Dan Kentucky Derby?

Mystik Dan, a six-year-old horse, is currently ranked sixth in the Kentucky Derby field with 20-1 odds, having accumulated 46 qualifying points and securing a victory at the Southwest Stakes at Oaklawn. His morning line odds are 20-1 (+2000), and he is scheduled to compete in the 150th Kentucky Derby.