2022 Kentucky Derby Sets Betting Record With a Reported $179 Million Wagered

The second biggest long shot in the 148-year history of the Kentucky Derby emerged victorious over the weekend. Rich Strike was an alternate just days prior to the race before being added to the field on Friday. On race day, he was able to surge past the betting favorites in the final stretch to take the win. The 148th running of the Kentucky Derby also made history by setting a record for betting. The horse that people bet on the least to win ended up winning the first leg of the Triple Crown. Jeremy Pond, General Editor for The Action Network, joins Cheddar News' Closing Bell to discuss.
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