Derby Diary: A Lifetime of a Chance

Being a Certified Financial Advisor, and the son of a CPA, I follow trends and calculate odds constantly. You can say it is in my blood to rationally analyze a set of variables and predict a logical outcome.

When the Kentucky Derby entries were announced, it was no surprise mathematically that those horses represented such a small amount of the overall foal crop. The 20 horses who line up in this Saturday's starting gate represent approximately 1/10 1% of the registered foals born in 2018 (20 of 19,925).

Basically, the odds of winning the Kentucky Derby is equivalent to:

– Finding a four-leaf clover on a hike – 1 in 10,000

– Being struck by lightning – 1 in 11,000

– Dating a Celebrity – 1 in 11,000

– Dying in a canoeing accident – 1 in 12,000

– Having a household income of less than $200,000, and subsequently being audited by the IRS – 1 in 18,000. (As the son of an accountant, I had to include this statistic)!

Knowing the odds are EXTREMELY stacked against us to even have a Derby starter, why do I feel so emotional heading into this weekend's race? Part of the reason for the uneasy feelings are the odds themselves–the sheer unlikeness of having an undefeated starter in the Kentucky Derby is overwhelming. Add into the equation the fact that my family has been in the business for about 40 years, started in over 14,000 races, won roughly 2,300 times, and competed at about 25 different racetracks nationwide makes this pending opportunity a long time coming.

We have raced horses in various weather conditions such as snowstorms, cloud bursts, fog, wind sheers, headwinds, tail winds, heat, humidity and occasionally hail.

We have lost races because the jockey went too fast or too slow, didn't listen to the pre-race instructions, should have ignored those instructions because the race fell apart, got boxed in or “just wasn't feeling it.” Our horses have not liked the surface or the distance, engaged in a speed duel, broke through the gate, got left at the gate, washed out in the paddock, lost a shoe, didn't like dirt in its face, didn't like being pinned to the rail, went too wide, got bothered or intimidated by another horse, needed to be gelded, was “horsing,” was in too tough, didn't ship well, needed blinkers, needed to have the blinkers cut back or removed, needed the race, speed wasn't holding (if you had a front runner), couldn't run down the speed (if you had a closer), didn't see the winner passing him until it was too late, got to the front and stopped, bled, had a temperature, was popping an abscess, didn't like running at night, and my favorite-bolted away from its own shadow. I am confident that I am forgetting some excuses, but you get my point.

The good news is that all of the above horses galloped out well after the wire.

So, when you have a horse who has overcome all of those possible conditions, and still remains undefeated, you get a little excited. Because despite the odds (and racing gods) being against you, here we stand a few days away from fulfilling a dream that has been 40 years in the making.

I look forward to chronicling the events of this week with you and appreciate your support for our horse Helium (Ironicus).

Jon Green is the General Manager of DJ Stables and a co-host of the TDN Writers' Room podcast. He is writing a daily diary about his first Kentucky Derby experience as an owner.

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Churchill and McIngvale Partner on KY Derby Foster Family Initiative

Churchill Downs Racetrack has partnered with Jim “Mattress Mack” McIngvale on the Kentucky Derby Foster Family Initiative, which will welcome nearly 300 representatives from Kentucky's Foster Care sector as guests to the Kentucky Derby. McIngvale was inspired by his recently-adopted grandson, Brodie, in June 2019.

Churchill Downs will be working with long-time charitable partners Maryhurst and Boys & Girls Haven to identify foster parents, alumni and social service workers and staff in the industry to host for the Derby.

The post Churchill and McIngvale Partner on KY Derby Foster Family Initiative appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Hot Rod Charlie Dons Blanket Honoring Jake Panus

Jake Panus will not be at his father's side Saturday watching the GI Kentucky Derby. His life ended at an all-too-young 16 last August when he was a passenger in a car involved in a DUI accident on Block Island, just off the coast of Rhode Island. But his friends, his family and a Kentucky Derby trainer have made sure that he will not be forgotten this week at Churchill Downs.

Derby contender and GII Louisiana Derby winner Hot Rod Charlie (Oxbow) has been equipped with a special blanket honoring Panus, whose father, Stephen, is the president of TJC Media, which produces the America's Best Racing website and content. The blanket features a University of South Carolina logo and Jake Panus's initials on one side and a bear logo on the other, a recreation of a necklace Panus wore.

The South Carolina Gamecock logo is meant to spread awareness for The Jake Panus Walk-on Football Endowed Scholarship, which was set up by the Panus family to provide financial assistance annually for a player who walks on to the South Carolina football team. Entering his junior year in high school at the time of the accident, Panus dreamed of attending South Carolina, his father's alma mater.

“Jake was raised a Gamecock, if you will,” Stephen Panus said. “He grew up watching their games with me, no matter the sport. He certainly identified with college football, which is a big deal in our family. Jake epitomized that walk-on type mentality. He was a gritty athlete and a vocal leader. He was someone people gravitated towards and he had a lot of moxie and hustle on the field as an athlete.”

The younger Panus was visiting with his girlfriend's family when the accident occurred. Some seven months later, the family is doing its best to navigate its way through an unspeakable tragedy.

“We're surviving,” Panus said. “I do these things because it keeps me connected to Jake and it's part of my healing. It is hard, though. It is emotionally draining. I'll take a phone call with someone, talk about it and break up. I cry a lot. My wife (Kellie) is struggling. It's been very hard on her. For a mom who carried a child in the womb, it's probably the most painful thing you can go through.”

By all accounts, the teenager was exceptional in many ways.

“Jake cared about helping people,” Panus said. “He was that kind of kid. People gravitated to Jake and he was a born leader. When he walked into a room, you knew it. He was a big, bright light and always had a smile on his face. He loved to laugh and he made people feel welcome, no matter who they were, friend or stranger. He was there to listen and help.”

Hot Rod Charlie with the blanket honoring Panus | courtesy Stephen Panus

Shortly after Jake's passing, the family established the Jake Panus Memorial Scholarship in partnership with their church, Southport (CT) Congregational Church. During the summer of 2019 Panus participated in a church mission to the Pine Ridge Indian Reservation, where he aided and assisted Native American children. The scholarship provides educational assistance to students from the reservation's Red Cloud High School.

The Panus family also wanted to do something honoring Jake's passion for the University of South Carolina and its sports teams. In late December, the family got a call from head football coach Shane Beamer, who had heard about Jake and the accident and wanted to do something to help. It was soon thereafter that Beamer, the school's athletic department and the Panus family came up with the idea to start a scholarship for walk-on football players.

“I was a walk-on. Those guys are partial to me,” Beamer said. “We [are intent] about trying to find guys and sell them on what a fantastic opportunity this is at Carolina. That will always be a critical aspect of this program; get guys in here as walk-ons, develop them as players and student-athletes and get them on the field.”

Through his work with America's Best Racing and The Jockey Club, Panus had befriended Doug O'Neill. The trainer reached out to the family to tell them he would like to help in some way. When Hot Rod Charlie won the Louisiana Derby, O'Neill knew he had a high-profile Kentucky Derby contender on his hands, which he thought was a perfect avenue to raise awareness for The Jake Panus Walk-on Football Endowed Scholarship.

“He started talking about doing a scholarship in Jake's name and I said 'how can I help?'” O'Neill said. “I wanted to do whatever I could do to help. So we had the blanket made for 'Charlie ' to help promote the scholarship. I knew Jake through Stephen. He was a friend to everyone, whether you knew him well or whether you were a stranger. We need more Jakes in this world. I wanted to help promote the scholarship in Jake's name. I'm proud and honored to have a horse that can help spread the word.”

The bear logo is from a pendant Jake wore as a necklace that symbolized his devotion to helping Native American children. To the Lakota Indians, the bear represents courage, confidence, healing and protection.

Within the first week after the football scholarship was announced, $75,000 had been raised. Thanks to O'Neill, the blanket and the spotlight that shines on the Kentucky Derby, the hope is that they are just getting started.

“What we are seeking to do is to raise awareness and procure donations to help to grow the scholarship fund so it is fully endowed,” Panus said. “We've gotten support from coast to coast and it has been overwhelming. It has been uplifting to us as a family to see people hop on board and understand what we are trying to do, which is to allow Jake to do something in spirit that he intended to do while here with us, which was to attend the University of South Carolina.”

Donations to the scholarship fund can be made here: https://donate.sc.edu/JakePanusScholarship.

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Largest Derby Wager Ever? Mattress Mack Plans To Bet At Least $2 Million On Essential Quality

James McIngvale, owner of Gallery Furniture Stores, has launched a company promotion titled: “Kentucky Derby Fave Wins, You Win,” in which customers purchasing a mattress valued at over $3,000 will get their money back if Essential Quality wins Saturday's Run For the Roses at Churchill Downs.

To cover his liability for the promotion, “Mattress Mack” told the Thoroughbred Daily News he plans to make at least a $2 million wager on Essential Quality to win the Kentucky Derby, and could bet as much as $4 million.

“In this day and age of Amazon, we bricks and mortar guys have to do something to be different, something to stand out,” McIngvale told the TDN. “When it gets closer to the race I will figure out how many mattresses we have sold, add up the total, and then I'll figure out how much to bet on the favorite to win the Kentucky Derby. It's going to be great for the other people too because it will make the other 19 horses a better value than they would be if I hadn't made a big bet.”

The TDN reports that the 2019 Kentucky Derby win pool (the last time the race was run on the first Saturday in May) had $41.8 million bet into it. A $2 million wager would account for approximately five percent of that pool, certainly lowering the odds on the favorite. For example, that year's 4-1 favorite, Improbable, had $6.9 million wagered on him to win.

Read more at the Thoroughbred Daily News.

The post Largest Derby Wager Ever? Mattress Mack Plans To Bet At Least $2 Million On Essential Quality appeared first on Horse Racing News | Paulick Report.

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