There are no bets on Maximum Security for the upcoming Preakness Stakes. The horse will not be there.
But he will race again, and PointsBet Sportsbook is offering special odds when he does.
The Australia-based company sent out an email this week on the exact details of the offer: “Opening max bets on Maximum Security to win the Haskell Invitational are at +300.”
The Haskell is Monmouth Park’s biggest race of the year, and Maximum Security plans to participate. And as of now, PointsBet is the only NJ mobile sportsbook to extend such an offer. It’s listed under Racing Specials on the PointsBet app.
Ron Shell, vice president of customer and insights at PointsBet, sees this Maximum Security offer as just another way the NJ app thinks outside the box.
“We’re always on the lookout for new and exciting bet options for our customers. As the appetite grows for horse racing in New Jersey, we’ll explore adding more innovative and creative markets for customers to bet on.”
The Haskell Invitational takes place on July 20. That is a Saturday versus the traditional Sunday.
And the NBC Sports cameras will be there. Talk about maximum exposure.
Maximum Security and the Kentucky Derby controversy
PointsBet is of course known for being NJ’s “cutting edge online sportsbook.” And these outside-the-box odds boosts are not as crazy as they sound.
The app, which launched in New Jersey back in December, is known for its Good Karma Payouts. This is when customers are rewarded when a bet does not go exactly as planned based on an in-game event that impacts the outcome.
Maximum Security is a special case. He entered last weekend’s Kentucky Derby as the odds-on favorite to win, and he did. At least that is what everyone thought.
The first and biggest leg of the Triple Crown became overshadowed in controversy.
The horse crossed the finish line first. But the victory celebration and cashing of winning tickets was delayed for some 20 minutes. Maximum Security ended up being disqualified for interference.
And it’s the first time in the 145-year history of the Derby that the winner was disqualified. Talk about bad karma.
Country House, with 65-1 odds, ended up being the winner.
One thing PointsBet will not be offering is special odds on the Triple Crown. That’s because there will be no Triple Crown winner this year as Country House is not competing later this month at Pimlico Race Course.
And Maximum Security is already at Monmouth Park resting and training for the Haskell.
Horse wagering + sports betting crossover
Could this PointsBet offer be opening the door to more horse racing promo offers down the line? Maybe.
While the New Jersey Division of Gaming Enforcement oversees the NJ sports wagering market, there are rules about the types of bets and events that can be added to a sportsbook app. A sportsbook that wants to have a special bet or promotion must get approval from the DGE.
As explained by Shell, PointsBet received authorization to offer fixed-odds bets on the Haskell Invitational since the race takes place in New Jersey.
Horse racing on a sportsbook app is not a common sight. But this NJ race caught PointsBet’s attention for one very obvious reason:
“New Jersey isn’t typically known for hosting high-profile horse races. However, following the historic disqualification of Maximum Security from the Kentucky Derby for interference, there has been a buzz of excitement around this particular horse that bettors seem to be interested in and want to see more of.”
There will, of course, be horse bets at the Garden State’s racetracks, including at PointsBet’s partner Meadowlands. But PointsBet adds a little star power to its gambling site with the Haskell Invitational odds.
There is sure to be maximum enjoyment. Odds of +300 may be hard to pass up.