Maximum Security Disqualification Costs Gamblers $9 Million

Written by:
Mary Montgomery
Published on:

While BetOnline Kentucky Derby customers lucked out with that company refunding bets placed on Maximum Security, that horse's disqualification costs gamblers elsewhere a cool $9 million.

BetOnline's Dave Mason confirmed Saturday evening that his company would be grading Maximum Security as "no action" after it was determined he had interfered with other horses, quite possibly placing multiple horses in danger.

After a nearly 20-minute review, Country House was declared the winner.  He was listed at 65-1 odds, the second biggest longshot in Kentucky Derby history.

Win, place and show bets on Maximum Security made up the $9 million in losses.  This amount does not include wagers placed with companies based outside the US.

Officially, across the nation, there was more than $6.2 million bet on Maximum Security to win and only $520,907 on Country House.  It was not immediately known how much money, if any, BetOnline would be paying out on Country House.

The largest win bet reported by TwinSpires on Maximum Security was $8,000, which would have paid a net $36,000. The largest win bet on Country House, per TwinSpires, was $2,500. It paid a net $162,500.

Start Your Own Racebook For Just $3 Per Player Per Week - Limited Time Only

Maximum Security also had $1,495,408 bet to place and $1,272,082 to show.

ESPN reported that, as of Friday at William Hill sportsbooks in Nevada, only 2 percent of the money bet on the odds to win the Kentucky Derby was on Country House.  A significant amount of Kentucky Derby bets are placed the six hours prior to post time, however.

*100% signup bonus up to $1000
*True dime line in Baseball up to -170
*$10 to $20 minimum to open account
*Highest credit card acceptance rate
*Accessible all 50 states

- Mary Montgomery, Gambling911.com

Horse Racing News

Breeders Cup 2019 Afternoon Odds

Breeders Cup 2019 Afternoon Odds

Gambling911.com has your afternoon 2019 Breeders Cup Classic updated odds as the race nears this evening.

Associated Press Breeders Cup Pick 2019

McKinzie looks to close out a somewhat disappointing season on a positive note. Not that it’s been a bad year for the Whitney winner. He did run second in each of his four defeats, including the Awesome Again at Santa Anita most recently as the 1-5 favorite.

2019 Breeders Cup Betting News

2019 Breeders Cup Betting News

Gambling911.com has all your Breeders Cup 2019 betting news here

Where Can I Bet Friday's Breeders Cup Juvenile Races Online? - Picks

Where Can I Bet Friday's Breeders Cup Juvenile Races Online? - Picks

While the Breeders Cup Classic will generate plenty of bets, it is possible to wager on all races including the Juvenile Turf, Sprint and Fillies Turf.  Betting available on BetOnline where you can claim your 7% rebates.

Can't Bet on TVG From Nebraska, Kansas, Oklahoma

Can't Bet on TVG From Nebraska, Kansas, Oklahoma

If you happen to reside in Nebraska, Kansas or Oklahoma...and even Texas for that matter....you will not be able to bet horses online with TVG.  But have no fear.  Jazz Sports is here and offering a limited time only 15% on horse rebates if you open an account prior to post time October 2, 2019.