What Happens When Horse is Withdrawn?
The news this morning is that 3-1 favorite I Want Revenge has been withdrawn from the Kentucky Derby. Anyone know what that means for the betting?
For example, if I put $100 down on I Want Revenge to win, can I get my money back if the horse is withdrawn? If I put $100 down on the next best horse, a 5-1 odds, and now that I Want Revenge is out that horse is a 3-1 or better, am I just lucky to have that ticket at 5-1?
Seems like big implications for the betting.