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Pegasus World Cup

January 28th, 2023.
Gulfstream Park

2023 Pegasus World Cup Invitational

To Win The Pegasus World Cup

The Pegasus World Cup has quickly become the leading horse racing event in South Florida each year. The breakout success features national coverage, tough competition, and many betting opportunities.

The most recent event set a new record with a $43.5 million bet on the program featuring a dozen races. It was a near ten-percent uptick from the 2021 event. 

The smart money is on the 2023 Pegasus World Cup Invitational to be the biggest yet, with a handle north of $45 million.

2023 Pegasus World Cup Invitational:

The Pegasus World Cup (G1) is a Thoroughbred horse race that takes place annually at Gulfstream Park in South Florida. The race is run on a dirt track with a distance of 1⅛ mile (nine furlongs) and is open to horses four years or older. 

The winner’s share of the $12 million purse in the inaugural event back in 2017 went to Arrogate, a Bob Baffert horse. The 2022 winner, Life is Good, was awarded the majority of the $3 million purse.

The CHC Inc. and WinStar Farm LLC-owned horse was ridden to victory by Irad Ortiz Jr. in his first of two historic wins that day. Todd Pletcher also made history as the first trainer to win back-to-back at the Pegasus World Cup. Knicks Go was runner-up by a length while Stiletto Boy finished in third. 

Live is Good held a solid lead up to the backstretch and into the far turn. Knicks Go made a late move into second but could not catch Life is Good. 

Ortiz also rode Colonial Liam in the $1 million Pegasus World Cup Turf (G1). Not only did Ortiz win twice in World Cup events but Colonel Liam became the first back-to-back winner of the Pegasus Turf. He also became the first horse to win any event twice at the Pegasus World Cup Invitational. 

A new event was added to the World Cup for 20222 called the Pegasus filly and Mare Turf race. It had a $500,000 purse and was won by Regal Glory and jockey Jose Ortiz. 

An additional $1 million purse went to the winner of the Pegasus World Cup Turf (G1).

Pegasus World Cup Invitational

$4 Million Purse Share

This weekend, fans from around the world will make their way to South Florida for The Pegasus World Cup. The 6th edition of the Pegasus World Cup is set for Saturday, Jan. 29th, 2022, at Gulfstream Park in Hallandale Beach, Florida. This year’s purse share is $4 million dollars for the Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational. Two percent of the purse winnings will be given back to Thoroughbred aftercare.

Bet on Pegasus World Cup 2023 Odds

Learn How to Bet on Pegasus World Cup Horse Racing Odds

Horse Betting is a great way to have a little fun while watching a horse race, and the Pegasus World Cup usually is the opening event of the horse racing season.

There are so many horse betting types and options available, and horse betting is so different from sports betting, so we like to run through some horse betting education before you get started.

As soon as the Pegasus World Cup competing horses are announced and the pole positions are decided, you will want to make sure you get your wagers in. Sometimes horses perform better at certain positions, so you will want to wait until then to place your Pegasus World Cup bets.

Horse betting odds can look a bit different so we want to make sure you understand what you’re betting on, and that you have all the information you need before you start betting.

How to Read Pegasus World Cup Betting Odds

If you aren’t familiar with fractional odds, we suggest you get acquainted, as most horse bets are listed in fractional formatting. Fractional odds can be pretty simple to understand for new bettors, so don’t be afraid to stray away from American odds.

Fractional betting at the Pegasus World Cup will have odds displayed in a fraction. The right side or bottom part of the fraction represents the odds or the risk, and the left side represents your winnings. Let’s use 10-1 odds for our example. For every $1 we wager, we win $10 plus our initial $1 will be returned to us. If you bet $50, you would receive a payout of $550.

Pegasus World Cup Betting Types

Let’s look at some brief examples of Pegasus World Cup odds and betting options you might find on the sportsbook during the event.

Win, Place, Show

This will be the most simple and easy-to-understand betting type you will place on any given horse race. It would be the equivalent of a moneyline wager in sports betting, as you are betting on an outcome straight up.

There are three options for Pegasus World Cup betting:

  • Betting on a horse to win:
    • This is simple: you are betting on a horse to win the race outright.
  • Betting on a horse to place
    • This betting option allows you to bet on a horse to place in the top two spots. It doesn’t matter if the horse comes first or second, as long as it places.
  • Betting on a horse to show
    • This betting type allows for the greatest margin of error as you can bet on a horse to place in one of the top three positions.

How to Bet on the Pegasus World Cup Exotics

Now that we laid out the simplest betting options, you can look at exotics. They can be a little more complicated, and we recommend doing some research before you dive in. You can win pretty big in some cases if you’re savvy and pick the correct horses, so we recommend taking a chance on an exotic at the 2022 Pegasus World Cup Invitational.

Exacta Bets

An exacta allows you to try to predict the top two horses and where they will place in the race. Not to be confused with a Place wager, you will need to pick the first place horse, and the second-place horse. If you pick Horse 5 to place first and Horse 3 to place second, the horses will need to place in those exact spots for you to win your wager.

Quinella Bets

Quinella bets are similar to the exacta but styled more like a show bet. You will pick the top two horses but it doesn’t matter which position they end up placing, as long as they’re in the top two. If you use the same horses as above, if Horse 3 places first and Horse 5 places second, your quinella bet would win.

Trifecta Bets

If you want to try your hand at betting on three horses at once, you should look into placing a Trifecta bet at the 2022 Pegasus World Cup Invitational Odds. Like an Exacta bet, you will have to predict the top three horses in order. There is no room for error on this bet, so you have to be absolutely sure!

Superfecta Bets

Superfectas are the next step up from the Trifecta. You will have to predict the top four horses in order. These will be even riskier than the Trifecta, so your payout will be substantially larger.

Pegasus World Cup Futures

Futures wagers can be placed weeks or months in advance – whenever the horses are qualified and listed for the races. As the first race of the season, you have a good idea which horses are performing well at major events, and can determine which horse might be in good shape come January.

The Futures odds will be listed and show you which horses are favored to win the Pegasus World Cup, and will change many times before the race and even during the race qualifiers, depending on their performances.

Frequently Asked Questions

Can I bet on the Pegasus World Cup?

Yes, you can legally bet on the 2023 Pegasus World Cup at BetUS Sportsbook. You can also bet on the race at any track that handles it as part of its simulcast program, which is virtually every track nowadays.

Where to find Vegas Odds for Pegasus World Cup?

You can find Vegas odds for the 2023 Pegasus World Cup here at the BetUS Sportsbook. We have a great selection of Pegasus World Cup betting odds, exotics, futures, and props for all major races. 

How to read Pegasus World Cup Odds?

If you’re familiar with horse racing betting, you can find standard options and specials for the race, including win, place show bets, and exotics. BetUS Sportsbook has a great selection of odds if you’re looking for somewhere to place your 2023 Pegasus World Cup wagers.

When is the 2023 Pegasus World Cup Invitational?

The 2023 Pegasus World Cup Invitational dates have yet to be announced. The 2022 event took place at the end of January. We will update this page when the 2023 dates are announced.

Is Betting on the Pegasus World Cup Legal?

Absolutely! Betting on the Pegasus World Cup is legal both at Gulfstream Park and online at BetUS Sportsbook. If the state you live in allows wagering online on horse racing, you can bet the entire event without leaving your house.  

Who is the favorite to win the 2023 Pegasus World Cup?

As of this writing, there are no odds on the 2023 Pegasus World Cup. Be sure to check back with us closer to the race for a full rundown of odds, exotics, and more.

How do Pegasus World Cup Odds work?

The odds for the Pegasus World Cup work the same as any other horse race. After the post positions are announced, the odds will be released. Each horse is given specific odds based on its position and recent history. These odds will be posted on BetUS for you to wager on. The odds change with regard to how much money is bet on each horse in the different wagering pools.

Who are the contenders for the 2023 Pegasus World Cup?

At the time of writing, the field has yet to be announced for the 2023 Pegasus World Cup. But rest assured, we will update this page as soon as possible. 

Why would I bet on negative Odds?

Betting on negative odds is a wager on the favored horse in the race. Negative odds bets have a higher chance to win but offer a lower payout than a plus-money underdog.

Why is BetUS an excellent option to bet on Pegasus World Cup Odds Online?

Wagering on horses at BetUS is a sure bet, thanks to a high level of security regarding your personal and financial information. Furthermore, BetUS offers a healthy selection of deposit and withdrawal options to make things easy. All that, along with competitive odds, make BetUS a top choice for betting on the Pegasus World Cup.