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King of the Turf Handicapping Challenge Returns to Kentucky Downs

Kentucky Downs' King of the Turf Handicapping Challenge returns Sept. 7 with a new one-day format and is highlighted by six graded stakes each worth at least $1 million. The $2,500 per-entry buy-in includes $1,500 for the player's bankroll and $1,000 toward the prize pool. Based on 100 entries, the prize pool would be $100,000.

The first-place King of the Turf finisher will receive an entry to the 2025 National Horseplayers Championships (NHC) and an entry into the 2024 Breeders' Cup Betting Challenge (BCBC), worth $10,000. In addition, the winner gets the designation as National Turf Handicapper of the Year and receives the Global Tote King of the Turf Championship belt.

At least five NHC packages and two BCBC berths are guaranteed to be awarded to the King of the Turf's top finishers. Additional prizes will be awarded based on the total number of entries. The tournament host takes no money out of the entry fees, with 100% going to the prize pool and players' bankrolls.

The 2024 meet will also feature two Play-In tournaments on Aug. 29 and Sept. 1. These competitions will have a $300 and $400 entry fee, respectively. Each event will feature two 2025 NHC entries plus entries to the $2,500 King of the Turf finals. Additional prizes will be awarded based on the number of entries. Online qualifiers for the King of the Turf finals and the Play-In tournaments will be announced later.

“We reconfigured the King of the Turf Handicapping Challenge into a single-day extravaganza that will offer more prize money and more prizes,” said Ted Nicholson, Kentucky Downs' vice president for racing. “We think the format will be attractive to big bettors and contest players while also providing play-in tournaments with much smaller entry fees. With inexpensive and sometimes free online qualifiers to both the play-in and championship, everyone has a chance to try to be King of the Turf and get the Global Tote belt.”

Phil Lam, the 2023 King of the Turf winner, will be presented his personalized Global Tote belt at the NHC at Horseshoe Las Vegas (formerly Bally's) March 15-17.

Players must bet a minimum of $300 per race for at least five races on the 12-race card, utilizing win, place, show, exacta and daily double wagering. The contest is conducted via online wagering through FanDuel/TVG, Xpressbet, NJBets and HPI Canada.

Online qualifiers for entries into the play-in tournaments and the 2024 King of the Turf Championship will be announced later.

For more information, click here.

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First Grade I Race Elevates Kentucky Downs Program

Kentucky Downs will host the first Grade I event in its history next year with the elevation of the GI Franklin-Simpson S. announced Saturday by the American Graded Stakes Committee.

“Ownership is laser-focused on the continued elevation of the racing product at their track, and we're appreciative of the recognition by the American Graded Stakes Committee,” Ted Nicholson, Kentucky Downs' Vice President for Racing, said in a press release Sunday. “As delighted as we are about finally getting a Grade I stakes, it's more about the ascent of our entire racing program, with the Franklin-Simpson an exciting result. While we have offered among the highest purses in the world for several years, bringing it all together is the way the horsemen–owners and trainers–have embraced us.”

Under the ownership headed by Ron Winchell and Marc Falcone the past four years, Kentucky Downs has added four Grade III stakes, its first (now at four) Grade II races and its first Grade I.

“Kentucky Downs was a strong regional track when we took over ownership, and our immediate focus was to try to make it more national,” Winchell said. “With our first Grade I and with four Grade II races among our nine graded stakes, we've become entrenched in the national conversation. Our goal now is to make Kentucky Downs an international destination. Part of that is working hard to continue the upward migration of our stakes. We want the Franklin-Simpson to be our first–but not only–Grade I.”

Kentucky Downs' first graded stakes was the Kentucky Turf Cup, back in 2001. The track did not receive another graded stakes until 2017, when it added two. The Franklin-Simpson earned its first grading for 2019, advancing to a Grade II for 2021. The Music City S., run for the first time in 2020, was conducted as a Grade III for the first time this year and will be a Grade II event in 2024.

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Wagering Up 4.3% at Kentucky Downs

Edited Press Release

The key indicators to measure the success of a race meet were either up or maintained a lofty level at the FanDuel Meet at Kentucky Downs, which came to a close Wednesday.

Purses paid out to horse owners were a record for the 12th straight year. Money wagered was another record, increasing 4.3%. Field sizes remained among the highest in the country with an average of 10.42 starters per race.

“Kentucky Downs' ownership led by Ron Winchell and Marc Falcone continually pushes us to present racing in a different way, to look for ways to innovate and improve,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We put a premium on creating a memorable experience for our guests, horsemen and our sponsors. Horse owners put on the show. We want to show our recognition and appreciation for that with our hospitality.”

All-sources wagering on the meet totaled $83,640,261, up from $80,175,928 last year. A total of $25,065,000 was offered in purses for 76 races, including $10,523,750 in purse supplements from the Kentucky Thoroughbred Development Fund. Of the 11 stakes offering $1 million or more in purses, 10 were won by Kentucky-breds.

Total purses paid out this meet is still being verified but is certain to top last year's $17,863,177 for 73 races. Seventy-two different ownership entities won races.

Damon Thayer, Kentucky's Senate Majority Floor Leader, has seen up close the transformation of Kentucky Downs.

“Yes, the financial success is there with the handle being up,” said Thayer, who attended five of the meet's seven days. “But it also has a cool vibe factor going for it. I also think the prestige of the meet is starting to get baked in across North America. It used to be kind of a quirky, novelty track, and there were some people who wouldn't run here. Now everybody is coming. All the jockeys are here, all the trainers, the big outfits. It exemplifies what's going right with Kentucky racing.”

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Kentucky Downs VP Of Racing Ted Nicholson Joins TDN Writers’ Room

It's the meet that keeps getting bigger, richer and better every year. During the seven days of racing that makes up the Kentucky Downs meet, there will be 11 stakes races worth at least $1 million and it looks like the all-turf establishment is on track to set another handle record. How has Kentucky Downs done it? Ted Nicholson, the track's vice president of racing joined the TDN Writers' Room Podcast presented by Keeneland to talk about one of the sport's great success stories. He was this week's Green Group Guest of the Week.

With so much money available for purses and with such a short meet, some wonder why Kentucky Downs doesn't add race days? Nicholson said the main reason for not doing so is to make sure the turf course is not overused.

“What's obviously on everybody's mind these days is safety,” Nicholson said. “So, if I added a day, it would have to be a day where it would be almost like a spare day. Because the reality is we run 75 races over a turf course and we have three lanes. That means you're running an average of 25 races on each lane. That's a lot of pounding. I've got the best turf guy in the business with Butch Lehr, who was at Churchill for 45 years. But even Butch would shake his head and say, 'no, I wouldn't do it.' I think we're going to be at seven days for a little while until I can figure out how I can add a fourth lane.”

Kentucky Downs has always been known for having one of the lowest takeouts in the sport, so it came as a surprise when it announced that the takeout was going to be increased by one percent in all pools this year. The horseplayers weren't happy.

“It wasn't an easy decision and it wasn't made in a vacuum,” Nicholson said. “The decision was really a tough one and the reason behind it was that I had to find a way to find some revenue. It's great to have great big purses and we had a record handle last year. But when you're running only for two weeks, you have an inordinate amount of expenses to put on a temporary show. I have a lot of tents, I have a lot of temporary expenses. I have 60 people that live here temporarily, which means I put them up in hotels to pull off this show for two weeks or three. They're here typically for three weeks. So, I have a lot of expenses. They're all going up. Even the people that you see in between the races, those folks that are on the turf and they're tamping down those divots. Those folks used to work for $10 an hour. Now it's $25. So, you can see where my expenses have gone. On top of that, you we got a bill from HISA for $650,000 for a seven-day race meet. Before I was paying the state of Kentucky $48,000 for the same exact thing. Because our expenses have been skyrocketing, I felt like had to go a little higher.”

Will Kentucky Downs ever erect a grandstand? It's unlikely.

“I can't tell you many times people have said to me, 'I love this atmosphere, so don't ever change it,'” Nicholson said. “When it comes to putting up a grandstand, I think would change the genuine feel of of what Kentucky Downs is really all about. I think people love the ability to just pull up and tailgate at the top of the stretch or pull out their folding chairs and set up on the rail. That's the essence of what this place is. We want to try to improve every year, but not lose the real true essence of what this place is all about.”

Elsewhere on the podcast, which is also sponsored by the Pennsylvania Horse Breeders Association, Kentucky Thoroughbred Owners and Breeders, WinStar Farm, XBTV.com, Stonestreet Farms, Lane's End and https://www.threechimneys.com/ West Point Thoroughbreds, the team of Zoe Cadman, Bill Finley and Randy Moss reviewed the Saratoga meet, touching on what went wrong, what went right and the changes that may be coming to the upstate New York track. Those changes include moving the 2024 and 2025 GI Belmont S. to Saratoga while Belmont Park is being rebuilt and installing a synthetic track that would complement the dirt track and the two turf courses. Also, the team looked back at the GI Pacific Classic, won by Arabian Knight (Uncle Mo), as well as the 32-day suspension handed down to Del Mar rider Antonio Fresu for whip violations.

Click here to view the podcast video or here to listen to the audio version.

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