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The Big Money Older Horse Races: Pegasus, Saudi Cup and Dubai World Cup in 2020

In: Sports Analytics

Author

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  • William T. Ziemba

Abstract

The Saudi Cup, worth $20 million with $10 million to the winner, is now the world’s richest horse race. It’s part of the big money races for older (4+ years) horse races including the Pegasus and the Dubai World Cup. Top horses enter these races. The Saudi Cup winner was Maximum Security, who was disqualified in the Kentucky Derby in a controversial decision discussed in Chapter 24. As of June 2021, the Saudi Cup purse has yet to be paid as Jason Servis, trainer of Maximum Security, has been accused of administering illegal performance enhancing drugs to his horses. The case continues.

Suggested Citation

  • William T. Ziemba, 2022. "The Big Money Older Horse Races: Pegasus, Saudi Cup and Dubai World Cup in 2020," World Scientific Book Chapters, in: Sports Analytics, chapter 26, pages 477-498, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811250217_0026
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    Keywords

    Sports Analytics; Statistical Analysis of Sports Decisions; NFL Football; Thoroughbred Racing; Basketball; Baseball; Hockey; Jai Alai; Optimal Betting Strategies; Mean Reversion Risk; Arbitrage; Decision Strategies by Coaches;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z2 - Other Special Topics - - Sports Economics
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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