One Day Out, Prices for Last Minute Kentucky Derby Tickets Continue To Tumble on Secondary Market

(UPDATE 5-1-15) The Greatest Two Minutes in Sports returns to Churchill Downs for its 141st installment tomorrow afternoon. The 2015 Kentucky Derby will feature the most prized thoroughbreds in the world competing in the first leg of the Triple Crown, which is followed by the Preakness and Belmont Stakes over the next five weeks. For those still looking for last minute Kentucky Derby tickets, prices continue to fall on the secondary market just one day prior to the Run for the Roses.

On TicketIQ, the average secondary price for Kentucky Derby tickets is now $755.68, down 5.1% from yesterday’s average of $796.61 and 38.8% from last Wednesday’s peak average of $1,235.74. For those looking to just get past the gates in Louisville, the cheapest available ticket is currently priced at $57. That marks an 8% drop from yesterday’s get-in price of $62.

If planning to attend tomorrow, prices will likely continue to drop in the hours leading up to the race. This year’s total purse earnings is again $2 million, with Dortmund and American Pharoah as heavy favorite to take the Roses in 2015.

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One Week Out, Kentucky Derby Tickets Averaging At $1,200 on Secondary Market

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(UPDATE 4/24/15) The 2015 Kentucky Derby will take place at Churchill Down in Louisville next Saturday, and ticket prices for the Fastest Two Minutes in Sports remain firm on the secondary market. American Pharaoh is the early favorite to win the first event in the Triple Crown this year at 2/1 odds, followed by Dortmund at 9/2 and Carpe Diem at 7/1.

According to TicketIQ, the average secondary price for Kentucky Derby tickets is currently $1,200.62, up just 1.8% from yesterday’s average of $1,178.95. The cheapest available ticket is listed for $61. Last year, the Kentucky Derby owned a secondary average of $621.57, marking a price jump of 89.6% this year.

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Kentucky Oaks Tickets 63% Below The Price Of Kentucky Derby Tickets

(4/8/15) When people think of thoroughbred racing, many quickly bring up the Kentucky Derby and Preakness Stakes, the first two jewels of the triple crown.  Also synonymous with these two huge stakes races, are the ticket prices to get in.  Although most Preakness Stakes tickets are usually reasonable in price, Kentucky Derby tickets on the other hand are usually in the thousands on the resale market.  So as a horse racing enthusiast, what are you to do when you want to watch quality racing live? Your best options occur the day before the aforementioned races, as the fillies race in the Kentucky Oaks and Black Eyed Susan Stakes, the first two jewels in the Triple Tiara.

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Over the past few years, the Kentucky Oaks race has hosted some of not only best fillies in the world, but also some of the best 3 year old horses such as Rachel Alexandra and Rags to Riches, both of which won triple crown races.  Kentucky Oaks tickets over the past 4 years have had an average ticket price on the resale market of $305.69, compared over that same period to the Kentucky Derby which had an average of $846.52.  That is over 63% savings on average if you decide to go to the Oaks instead of the Derby.  This years prices have been very much in line with that average, with the Kentucky Oaks averaging $382.45 and the Derby $1,009.43 (62% savings for Oaks over the Derby).
The Preakness and Black Eyed Susan, compared to the races at Churchill Downs, have even a steeper discount of the resale market for fans of horse racing.  If you plan on heading to Pimilico this May for the second jewel of the triple crown, the Preakness Stakes, you will be paying an average price $212.14, which is about 159% higher than the average price of the Black Eyed Susan Stakes tickets ($81.86).  The races at Pimilico tend to be the cheapest of the three major thoroughbred weekends, especially when a horse is chasing the Triple Crown at Belmont Park.

Although the Kentucky Oaks and Black Eyed Susan Stakes don't garner the spotlight as that of the Derby or the Preakness, they are much cheaper options for horse racing fans to attend.  Some of the great Fillies in the Oaks and Black Eyed Susan Stakes, have gone on to win prestigious awards and even derail their 3 year old male counter parts in triple crown stakes races.  So, when you think you are priced out of quality horse racing, check the resale market for tickets to watch the ponies run in the Oaks and Black Eyed Susan.

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