Horseracing

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Arkansas Derby

The Arkansas Derby is the most lucrative thoroughbred horse race in Arkansas, currently offering a “purse” of $1 million. The purse is the prize money that is divided among the horses competing in the race, based upon their finish, with the winner receiving sixty percent. The one-and-one-eighth-mile race is restricted to horses that are three years old. It is traditionally held each year at Oaklawn Racing Casino Resort in Hot Springs (Garland County) on the second Saturday of April. Over time, it has developed into one of the nation’s leading preparatory races for the Triple Crown, which comprises the Kentucky Derby, Preakness Stakes, and Belmont Stakes. The Arkansas Derby was first held in 1936 and carried a $5,000 purse. The winner …