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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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MySportsbook.com: New College Football Clock Rules Examined
Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.
"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."
Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)
According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.
As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).
Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.
Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at
17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.
*UPDATE* - Sept. 25, 2007
New Clock Rules Boon for online bookmakers
By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.
"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."
While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."
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