Sunday, May 8, 2016

Majesto Finishes 18th; Our Bets Make 22.5 Percent Profit

The betting public proved right and we proved  wrong about Majesto's chances in the Kentucky Derby.

Twice before yesterday's race we posted items saying we thought Majesto was a big overlay as the board  showed odds of  56-1 and then 55-1.

We noted hat Majesto had finished second to Nyquist (the Kentucky Derby favorite) in the Florida  Derby and appeared strong at the end of that 1 1/8 mile race on April 2.

Majesto was then sent off at 56-1 and finished 18th in the 1 1/4 mile Run for the Roses.

“It didn’t look like he handled the racetrack,”  Majesto's trainer Gustavo Delgado told  the Churchill Downs media office after the race.

Other than Majesto, we fared well in the Kentucky Derby with our "budget betting" selections posted on this blog.

We suggested $78 in wagers, and their  total payout was $95.55--for a profit of $17.55 that was a 22.5 percent on investment.

That included a win bet on Nyquist, the winning exacta and the winning trifecta.
--Jim Freer

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