Kentucky Derby winner Mage pays off at as much as 100-1

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Mage paid off for most of his on-the-nose bettors at odds of 15-1 when he won Saturday in Kentucky Derby 2023. The $32.42 return on a $2 win ticket, however, was not as good as it got.

In Nevada, bettors could have had him at 100-1 as recently April 1, when Circa Sports drifted him to those odds before he finished second in the Florida Derby (G1). After that Mage’s price never was shorter than 25-1.

Caesars Sportsbook had the Good Magic colt at 17-1 shortly before it closed its fixed-odds win pool Saturday afternoon. That was the best Las Vegas price available on race day and, in fact, the only one that offered more value at that hour for any horse than the Churchill Downs pari-mutuels that attracted $89,239,818 in win, place and show bets.

In late January, Mage opened in the futures at 100-1 at Caesars and 65-1 at Circa right after he made a winning debut in a maiden sprint at Gulfstream Park. His best price shortened to 75-1 but went back to 100-1 after he finished fourth in the Fountain of Youth (G2) on March 4.

 Mage futuresCaesars Circa Westgate KDFW 
Jan. 30100-165-1  
Feb. 6100-165-1  
Feb. 13100-165-1 48-1
Feb. 2075-190-1  
Feb. 2775-165-1  
March 6100-160-1  
March 13100-175-1 75-1
March 20100-190-1  
March 2775-1100-160-1 
April 320-120-120-146-1
April 1018-118-125-1 
April 1724-118-120-1 
April 2424-120-120-1 
April 2824-120-120-1 
May 122-120-120-1

Bettors who backed Mage as an individual choice in the pari-mutuel Kentucky Derby Future Wager cashed at odds of 48-1 from February’s pool 4, 75-1 from March’s pool 5 and 46-1 from April’s pool 6. Players who took the all-others option in the early KDFW pools won at 4-5 odds from early November, 4-5 from Thanksgiving weekend and 2-1 from January.

The amount of money in the Nevada futures is not known outside of the back rooms at the casinos. Bookmakers do not divulge those specifics, and the Nevada Gaming Control Board does not parse those numbers publicly.

These were the closing fixed odds at Caesars Sportsbook, Circa Sports and the Westgate SuperBook just before post time. They are shown with the best Nevada odds May 1 just before Derby entries and with the post-time, pari-mutuel odds at Churchill Downs.

 Kentucky Derby 2023Caesars Circa Westgate May 1 CD 
  5. Tapit Trice9-29-29-26-19-2
14. Angel of Empire9-24-14-112-14-1
17. Derma Sotogake6-16-16-112-17-1
  3. Two Phil's8-111-110-125-19-1
  6. Kingsbarns9-113-110-115-111-1
  2. Verifying15-113-110-112-114-1
  8. Mage17-110-110-122-115-1
22. Mandarin Hero19-115-116-1125-117-1
  4. Confidence Game20-120-114-122-121-1
  1. Hit Show22-125-130-140-124-1
  7. Reincarnate11-130-118-155-114-1
11. Disarm25-135-140-146-127-1
18. Rocket Can27-130-140-160-128-1
13. Sun Thunder28-145-150-1100-133-1
21. Cyclone Mischief27-150-130-168-129-1
23. King Russell28-165-140-1250-132-1
12. Jace's Road35-175-150-160-133-1
16. Raise Cain28-175-160-160-133-1
May 1: Nev. best     
CD: Pari-mutuels    

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