Kentucky Derby: The Oaks/Derby Double Since 2000

LOUISVILLE, KY - MAY 1st: Calvin Borel rides Super Saver to the finish line for the win in the 136th running of the Kentucky Derby on May 1, 2010 in Louisville, Kentucky. (Photo by Andy Lyons/Getty Images)

In the Kentucky Derby Payouts post below, one of our esteemed readers (Swale) asked about the payouts for the Oaks/Derby Double over the last ten years. Fortunately, I have that data ready and willing to share with the greater public, along with the payouts from the Woodford Turf Classic/Derby Double. I've also included in the data the odds on the winners of each leg of the two race sequence.

A note on the payouts:

Churchill Downs did not offer an Oaks/Derby Double in 2000, (or at least there wasn't a payout reported on the result chart). Additionally, Churchill didn't offer a Woodford/Derby Double in 2001.

Below are a couple of difference charts summarizing the payouts for the Oaks/Derby Double and the Woodford Turf/Derby Double since 2000, the odds of the winners in each leg, and a comparison of the Double payout with the parlay.

Year $2 Oaks/Derby Leg 1 Leg 2
2011 $345.60 6.30 20.90
2010 $56.60 1.30 8.00
2009 $237.40 0.30 50.60
2008 $37.80 3.40 2.40
2007 $23.80 1.50 4.90
2006 $890.20 47.10 6.10
2005 $595.20 4.60 50.30
2004 $60.20 2.30 4.10
2003 $421.80 18.20 12.80
2002 $1,395.40 20.00 20.50
2001 $79.20 3.30 10.50
2000
4.90 2.30
Median $237.40 4.00 9.25








Year $2 Turf/Derby Leg 1 Leg 2
2011 $393.00 7.50 20.90
2010 $294.80 8.80 8.00
2009 $632.40 1.80 50.60
2008 $24.80 2.20 2.40
2007 $87.00 8.40 4.90
2006 $60.40 3.50 6.10
2005 $1,973.40 17.80 50.30
2004 $103.60 4.80 4.10
2003 $425.90 24.30 12.80
2002 $64.00 1.60 20.50
2001
6.30 10.50
2000 $51.00 5.10 2.30
Median $103.60 5.70 9.25


Some thoughts on these payouts:

  • The lowest Oaks/Derby payout since 2000 came during the Rags to Riches/Street Sense year of 2007. Both horses went off as the betting favorites and paid $23.80. It didn't get a whole lot better in 2008 when Big Brown's 5/2 odds resulted in a $37.80 payout with Proud Spell.
  • The Woodford/Derby Double also has some decent payouts over the last decade, but there's also a few head-scratchers, namely the $87.00 for 8/1 over 5/1 in 2007 (Street Sense won as the 5/1 favorite), while a 5/1 and 4/1 paid $103.60 in 2004. This comparison leads to an interesting question: is it better to play the Double or to simply parlay the win bet into the next race?

Below is a comparison of the Double payouts and the two race parlay for each wager.couple takeaways from the comparisons:

Year $2 Oaks/Derby $2 Parlay +/-
2011 $345.60 $319.74 $25.86
2010 $56.60 $41.40 $15.20
2009 $237.40 $134.16 $103.24
2008 $37.80 $29.92 $7.88
2007 $23.80 $29.50 -$5.70
2006 $890.20 $683.02 $207.18
2005 $595.20 $574.56 $20.64
2004 $60.20 $33.66 $26.54
2003 $421.80 $529.92 -$108.12
2002 $1,395.40 $903.00 $492.40
2001 $79.20 $98.90 -$19.70
2000
Median $237.40 $134.16 $103.24
Year $2 Turf/Derby $2 Parlay +/-
2011 $393.00 $372.30 $20.70
2010 $294.80 $176.40 $118.40
2009 $632.40 $288.96 $343.44
2008 $24.80 $21.76 $3.04
2007 $87.00 $110.92 -$23.92
2006 $60.40 $63.90 -$3.50
2005 $1,973.40 $1,928.88 $44.52
2004 $103.60 $59.16 $44.44
2003 $425.90 $698.28 -$272.38
2002 $64.00 $111.80 -$47.80
2001 $167.90
2000 $51.00 $40.26 $10.74
Median $103.60 $139.85 -$36.25


Note: the final "=/-" column on the bottom line is not the median difference, but the sum of the difference.

The Oaks/Derby Double typically pays better than parlay, while the Woodford/Derby Double does not. If you would have played a $2 Oaks/Derby Double (and hit it) every year since 2000, you'd have $103.24 more in your wallet than if you'd successfully parlayed the winning each year. However, that same action with the Woodford/Derby Double would have left you #36.25 in the hold when compared to what you would have won with the parlay. Just something to think about.

The Woodford/Derby Double is pretty hit and miss. Since 2000, the parlay paid better than the Double seven times, including a couple of huge payouts

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join And Down The Stretch They Come

You must be a member of And Down The Stretch They Come to participate.

We have our own Community Guidelines at And Down The Stretch They Come. You should read them.

Join And Down The Stretch They Come

You must be a member of And Down The Stretch They Come to participate.

We have our own Community Guidelines at And Down The Stretch They Come. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.