Derby bet wins $1.2 million for Retama park-goer
An Austin woman won big with a Kentucky Derby bet placed at Selma’s Retama Park racetrack.
The woman, identified as Margaret Reid by track officials, waged an $18 Pick 5 bet on Saturday’s “Run for the Roses” and the four preceding it — a bet that won her $1.2 million.
“She was in the sports bar when it happened,” said Bill Belcher, general manager of Retama Park, who said he wouldn’t describe Reid as a regular.
“The whole bar went nuts,” he said.
In a Pick 5, a person must pick the winning horses for five races in a row.
“(The) odds are unbelievable, and the payout is so big,” Belcher said. “She was very excited.”
It’s the first time that Retama has had such a big winner, he added.
What made Reid a millionaire was, according to Belcher, Justify’s victory in the 144th annual Kentucky Derby, running in the slop Saturday at Churchill Downs racetrack in Louisville, Kentucky.
The horse, nicknamed “Big Red,” came out of the No. 7 post to win the race as the favorite.
Reid’s winnings nearly matched what Justify’s owners won.
The victory was worth $1,432,000 to owners WinStar Farm, China Horse Club, Starlight Racing and Head of Plains Partners, according to the Associated Press. They bought Justify for $500,000.
Reid’s other winners were Limousine Liberal in the eighth race, Churchill Downs Stakes; Maraud in the American Turf Stakes; 39-1 longshot Funny Duck in the Pat Day Mile Stakes and 9-1 longshot Yoshida in the Old Forester Turf Classic Stakes.
Justify will continue his bid for the Triple Crown by competing in the Preakness Stakes at Pimlico Race Course in Baltimore later this month.