Maximum Security's disqualification reportedly costs Kentucky Derby bettors $42 million

Maximum Security’s disqualification from the 145th Kentucky Derby was incredibly costly, even beyond the $3 million purse.

According to a report, bettors would have won over $42 million on 9-2 favorite Maximum Security, which helps explain why the eventual winner, Country House, was so heavily booed after it was announced he won.

Ed DeRose, the director of communication for TwinSpires.com, the online betting site for the Kentucky Derby, approximated the potential winnings based off of win, place, and show bets. Bettors placed $9 million on various bets for Maximum Security, including $6.2 million to win, $1.5 million to place and $1.3 million to show.

The $42 million figure could be even higher when considering exotic bets such as exacta, trifecta and superfecta.

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145th running of the Kentucky Derby
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145th running of the Kentucky Derby
LOUISVILLE, KY - MAY 04: Riders cross the finish line at the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Maximum Security ridden by jockey Luis Saez trots after the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Jockey Luis Saez of Maximum Security (7) reacts after the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Riders Bodexpress (21) ridden by Chris Landeros, Long Range Toddy (18) ridden by Jon Court and Maximum Security (7) ridden by Luis Saez battle for the lead early during the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Riders Bodexpress (21) ridden by Chris Landeros, Long Range Toddy (18) ridden by Jon Court and Maximum Security (7) ridden by Luis Saez battle for an early lead during the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Bodexpress ridden by Chris Landeros trots during the poll parade at the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Long Range Toddy ridden by Jon Court trots during the poll parade at the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Spinoff ridden by Manny Franco trots during the poll parade at the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
LOUISVILLE, KY - MAY 04: Cutting Humor ridden by Mike Smith trots during the poll parade at the 145th running of the Kentucky Derby at Churchill Downs on May 4th, 2019 in Louisville, Kentucky. (Photo by Ian Johnson/Icon Sportswire via Getty Images)
Maximum Security is walked off the track after being disqualified for the 145th running of the Kentucky Derby horse race at Churchill Downs Saturday, May 4, 2019, in Louisville, Ky. (AP Photo/Charlie Riedel)
Flavien Prat rides Country House to the finish line during the 145th running of the Kentucky Derby horse race at Churchill Downs Saturday, May 4, 2019, in Louisville, Ky. Country House was declared the winner after Maximum Security was disqualified following a review by race stewards. (AP Photo/Matt Slocum)
A woman arrives at Churchill Downs Saturday, May 4, 2019, before the 145th running of the Kentucky Derby horse race in Louisville, Ky. (AP Photo/Charlie Riedel)
Jockey Flavien Prat reacts learning he won the 145th running of the Kentucky Derby horse race when Maximum Security was disqualified at Churchill Downs Saturday, May 4, 2019, in Louisville, Ky. (AP Photo/Greg Payan)
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Bettors were initially thrilled when Maximum Security looked like it would be the seventh straight favorite to win the Kentucky Derby. Maximum Security took an early lead and never gave it up, although officials took 22 minutes to review tape and ultimately disqualified the No. 7 horse.

In a unanimous ruling, three stewards decided that in moving over several lanes, Maximum Security impeded the path of War of Will and earned a disqualification. That handed the victory to second-place Country House, marking the first time that a horse lost based on breaking the rules.

Of course, when one door closes, another opens in gambling, and it paid off handsomely for anyone who bet on the 65-1 underdog Country House. Among the big winners was an Atlanta man who pulled in $147,000, to help pay for his wife’s medical bills, on several bets.

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