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2012 Kentucky Derby Payouts: Nearly 37 Million Wagered On 138th Derby

I'll Have Another has won the 138th Kentucky Derby. I'll Have Another opened the day with 12:1 odds of winning the race, and closed at 15:1, according to the official site of the Kentucky Derby. Nearly 37 million dollars was wagered on this year's Derby.

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Below is a brief description of the types of bets shown, from SB Nation.

WIN: A bet on a horse to win (if you don't know this you probably shouldn't be betting)
PLACE: A bet on a horse to finish either 1st or 2nd.
SHOW: A bet on a horse to finish 1st, 2nd or 3rd.

EXACTA: A bet picking the 1st and 2nd place finishers in a race.
TRIFECTA: A bet picking the 1st, 2nd and 3rd place finishers in a race.

SUPERFECTA: A bet picking the 1st, 2nd, 3rd, and 4th place finishers in a race.

See SB Nation's And Down The Stretch They Come for full race analysis. You can also follow the SB Nation StoryStream, as well as our coverage here at SB Nation New York.