ad info

 
CNN.comTranscripts
 
Editions | myCNN | Video | Audio | Headline News Brief | Feedback  

 

  Search
 
 

 

TOP STORIES

Bush signs order opening 'faith-based' charity office for business

Rescues continue 4 days after devastating India earthquake

DaimlerChrysler employees join rapidly swelling ranks of laid-off U.S. workers

Disney's GO.com is a goner

(MORE)

MARKETS
4:30pm ET, 4/16
144.70
8257.60
3.71
1394.72
10.90
879.91
 


WORLD

U.S.

POLITICS

LAW

TECHNOLOGY

ENTERTAINMENT

 
TRAVEL

ARTS & STYLE



(MORE HEADLINES)
 
CNN Websites
Networks image


CNN Today

Kentucky Derby: In Pursuit of a Fast Buck at the World's Most Famous Horse Race

Aired May 5, 2000 - 1:26 p.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

ANDRIA HALL, CNN ANCHOR: What's called "the fastest two minutes in sports"? Well, it begins at 5:27 p.m. Eastern time tomorrow. When they're over, one strong and beautiful thoroughbred will have won the Kentucky Derby and a few million gamblers will either be richer or poorer.

CNN's Eric Horng looks at the pursuit of a fast buck at the world's most famous horse race.

(BEGIN VIDEOTAPE)

ERIC HORNG, CNN CORRESPONDENT (voice-over): At Churchill Downs, there's more riding on these horses than the jockeys.

HERM FEHLER, TELLER: My largest bet I ever took was about seven years ago. I took a $140,000 bet, and the guy did win, and he got back $380,000.

HORNG: Nationwide, 90 million bets are expected to be placed on the Kentucky Derby, 12 million of them at these windows at Churchill Downs. The big question, of course, which horse to choose?

UNIDENTIFIED FEMALE: Always bet on nautical things, like seas or captains or something like that.

UNIDENTIFIED MALE: Maybe someone's name, maybe someone I've known from my past, I'll bet on that. Maybe something I just heard the other day, I'll bet on that.

HORNG: Others swear by more sophisticated methods and make a living doing it. Handicapper Mike Watchmaker rates horses for the newspaper "Daily Racing Form." Many bettors follow his picks, but Watchmaker says amateurs can do well on their own if they follow the sport closely and study a horse's past performances.

MIKE WATCHMAKER, HANDICAPPER: There's nothing better than the feeling of a race you've handicapped, and it's played out just the way you thought it would play out, the horse wins, and you go to the window and you cash in. And for that moment, you really are king of the world.

(END VIDEOTAPE) HORNG: And in case you're curious about who Watchmaker likes for tomorrow, it is a horse by the name of Fusaichi Pegasus -- hard to say. He is the heavily favored horse for tomorrow in the Derby. He is going to try to become the first front-runner, the first favorite to win the Derby in about 20 years.

Natalie, Andria, back to you.

NATALIE ALLEN, CNN ANCHOR: Fusaichi Pegasus, go!

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com

 Search   


Back to the top  © 2001 Cable News Network. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines.