The KDFW will be offered for the 17 th consecutive year in 2015:

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1 FUTURE WAGER The Kentucky Derby Future Wager ( KDFW ) is an innovative pari-mutuel wager that allows fans across North America the opportunity to wager on their Derby selections weeks, and even months, in advance of the famed Run for the Roses at odds that could be considerably more attractive than those available on the day of the race. Churchill Downs made pari-mutuel wagering history on Feb. 18, 1999 as betting on the KDFW officially began in the months leading up to Kentucky Derby 125. The KDFW was the first pari-mutuel wager of its kind to offer betting far in advance of the actual event. Wagering was traditionally offered during three separate betting pools over a three-day period it was held over four days from and is annually scheduled in February and March, and sometimes in early April. In 2013, Churchill Downs market-tested a fourth pool during the final week of its Fall Meet some 5 ½ months in advance of the race. It was held over four days, Wednesday, Nov. 27 through Saturday, Nov. 30 and closed prior to post time of Aqueduct s Remsen Stakes at 3:49 p.m. ET. The Kentucky Oaks Future Wager ( KOFW ) was added to the mix in It was a single pool that year but, like its KDFW counterpart, it was expanded to a three-pool format from In 2009, the KOFW returned to a single pool format to present a strong roster of serious Oaks wagering interests. It is held concurrently with Pool 2 of the KDFW. The unique draw of the bets is that the scheduling of the sessions so far in advance of the Derby and Oaks provides fans higher odds on the contenders than those they would possibly receive on Derby and Oaks Days. The KDFW and KOFW are a $2 minimum win wager. Exacta wagering, which requires the bettor to select the first two finishers in exact order, was introduced for Pools 2 and 3 of the KDFW in 2009 ($2 straight exactas; $1 boxes and part-wheels). In the event of a finish in which multiple members of the all others betting interest occupy spots at the top of the official order of finish, the calculation of the $2 exacta payout will be conducted in accordance with Kentucky Horse Racing Commission rules on coupled entries. For example, if horses in the mutuel field (No. 24) occupy the first five spots in the Derby s order of finish and No. 9 finishes sixth, the winning exacta numbers will be 24/9. Exacta wagering was added to the KOFW menu in All winning payouts are determined by the odds in place at the end of each respective betting pool. No refund will be made on any wager made during the KDFW and KOFW pools. If it is determined during those pools that any of the individual betting interests has suffered an illness, injury or other circumstance that would prevent that horse from competing in either race, wagering on that betting interest will be suspended immediately. The field of horses in each pool consists of 24 betting interests, which include 23 horses and a 24 th interest that is a mutuel field that contains all other 3-year-old Thoroughbreds regardless of whether those horses have been nominated to the Kentucky Derby and the Triple Crown. The mutuel field in the Kentucky Oaks bet consists of all other 3-year-old fillies. The individual wagering interests are selected by a Churchill Downs committee that includes Racing Secretary Ben Huffman, Senior Director of Communications and Media Services Darren Rogers, Director of Programming and Senior Racing Analyst Jill Byrne, Player Services Manager Gary Palmisano and Vice President, Racing Communications John Asher. The KDFW will be offered for the 17 th consecutive year in 2015: KDFW Pool 1: Nov , 2014 (22 weeks out) KDFW Pool 2: Feb. 6-8 (12 weeks out) KDFW Pool 3: Feb. 27-March 1 (9 weeks out) KDFW Pool 4: March (5 weeks out) The lone KOFW will be offered for the 13 th consecutive year in 2015: Feb. 27-March 1 (9 weeks out) Wagering on each of the KDFW pools will open at noon (all times Eastern) on Friday and close on Sunday at 6 p.m. The lone KOFW pool will close 30 later at 6:30 p.m.. Wagering is offered at Churchill Downs and racetracks throughout North America; via the official online wagering site of the Kentucky Derby and Churchill Downs Incorporated ( CDI ), and other advance deposit wagering ( ADW ) sites; and at simulcast centers and off-track betting sites. Wagering interests are announced on the Tuesday prior to the Friday start of each pool. Real-time odds and other information on the KDFW is available at the official event Web site at Churchill Downs Racetrack made adjustments in the scheduling of the KDFW and KOFW in 2012, establishing its pool schedules a week or two in advance of most of the major preps for the big races at Churchill Downs. The intent was to present KDFW and KOFW pools that were more true to the future wager concept and completed before the preps viewed as most significant by fans and Derby owners and trainers. Previous Dates Pool 1 Pool 2 Pool 3 Pool Nov Feb. 6-8 F 27-M 1 March Nov Feb. 6-8 F 27-M 1 March Feb Mar. 1-3 Mar Feb Mar. 2-4 Mar. 30-Apr Feb Mar Apr Feb Mar. 5-7 Mar Feb Mar Apr Feb Mar. 6-9 Apr Feb Mar Apr Jan Mar. 2-5 Apr Feb Mar Apr Feb Mar Apr Feb Mar Apr Feb Mar Apr TBA TBA TBA 2000 TBA TBA TBA 1999 Feb TBA TBA Annual Total KDFW Wagering 2015 $1,522, $1,324, $1,430, $1,470, $1,362, $1,132, $1,236, $1,056, $1,365, $1,471, $1,665, $1,282, $1,130, $1,503, $1,309, $1,158, $676,233 Top 20 Single Pool Total Wagering $631,304 Pool $621,493 Pool $620,362 Pool $592,492 Pool $577,889 Pool $552,627 Pool $536,958 Pool $533,973 Pool $524,847 Pool $520,688 Pool $516,909 Pool $511,655 Pool $510,815 Pool $478,721 Pool $466,048 Pool $465,123 Pool $464,236 Pool $465,454 Pool $454,743 Pool $448,598 Pool 2 Top 10 Total Wagering 2005 $1,665, $1,522, $1,503, $1,471, $1,470, $1,430, $1,365, $1,362, $1,324, $1,309, $1,282,168

2 FUTURE WAGER POOL 1 Annual Pool 1 Total Wagering 2015 $185,492 $49,082 $234, $238,078 $35,096 $273,174 Pool 1 $2 Win Payoffs Horse Pool 2 Derby 2014 California Chrome (f) $3.20* $7.00* Pool 1 $2 Exacta Payoffs Horse Pool 2 Derby 2014 California Chrome (f) $ $ Candy Boy (13 th ) Pool 1 Top 2 Favorites Since All Others Dortmund All Others New s Day FUTURE WAGER POOL 2 Annual Pool 2 Total Wagering 2015 $340,126 $108,472 $448, $287,323 $92,926 $380, $481,632 $139,861 $621, $494,263 $137,041 $631, $480,375 $112,117 $592, $385,995 $80,053 $466, $478,721 $0 $478, $439,379 $0 $439, $520,688 $0 $520, $552,627 $0 $552, $620,362 $0 $620, $536,958 $0 $536, $516,909 $0 $516, $577,889 $0 $577, $510,815 $0 $510, $465,454 $0 $465, $267,748 $0 $267,748 Pool 2 $2 Win Payoffs Horse Pool 2 Derby 2014 California Chrome $63.40 $7.00* 2013 Orb (f) $5.20* $ I ll Have Another $60.20 $ Animal Kingdom (f) $6.20* $ Super Saver $43.20 $ Mine That Bird (f) $5.80* $ Big Brown (f) $8.60* $6.80* 2007 Street Sense $22.80 $11.80* 2006 Barbaro $40.20 $ Giacomo $52.00 $ Smarty Jones (f) $5.60* $10.20* 2003 Funny Cide $ $ War Emblem (f) $7.60* $ Monarchos $36.60 $ Fusaichi Pegasus $27.80 $6.60* 1999 Charismatic (f) $10.20* $64.60 Pool 2 $2 Exacta Payoffs Horse Pool 2 Derby 2014 California Chrome $ $ Orb (f) $ $ Golden Soul 2012 I ll Have Another $ $ (f) 2011 Animal Kingdom (f) $ $ Super Saver $ $ Pool 2 Top 2 Favorites Since All Others Texas Red All Others Honor Code All Others Verrazano All Others Union Rags All Others Uncle Mo All Others Lookin At Lucky All Others Old Fashioned All Others Pyro All Others Nobiz Like Shobiz All Others 3-1 First Samurai All Others 2-1 Declan s Moon All Others Eurosilver All Others Badge of Silver FUTURE WAGER POOL 3 Annual Pool 3 Total Wagering 2015 $300,404 $121,927 $422, $239,389 $94,937 $334, $287,612 $119,427 $407, $299,574 $111,794 $411, $279,534 $97,165 $376, $269,306 $86,547 $355, $240,403 $140,017 $380, $325,306 $0 $325, $379,613 $0 $379, $464,236 $0 $464, $511,655 $0 $511, $358,966 $0 $358, $391,002 $0 $391, $401,070 $0 $401, $372,961 $0 $372, $306,259 $0 $306, $178,811 $0 $178,811 Pool 3 $2 Win Payoffs Horse Pool 3 Derby 2014 California Chrome $67.60 $7.00* 2013 Orb $26.20 $ I ll Have Another $46.20 $ Animal Kingdom (f) $9.40* $ Super Saver $51.20 $ Mine That Bird (f) $11.80* $ Big Brown (f) $15.00 $6.80* 2007 Street Sense $18.20 $11.80* 2006 Barbaro $32.20 $ Giacomo $54.20 $ Smarty Jones (f) $10.80 $10.20* 2003 Funny Cide $ $ War Emblem (f) $16.00 $ Monarchos $13.00 $ Fusaichi Pegasus $26.40 $6.60* 1999 Charismatic (f) $30.20 $64.60 Pool 3 $2 Exacta Payoffs Horse Pool 3 Derby 2014 California Chrome $ $ Orb $ $ Golden Soul (f) 2012 I ll Have Another $1, $ Animal Kingdom (f) $ $ Super Saver $ $ Mine That Bird (f) $ $2, Pool 3 Top 2 Favorites Since All Others American Pharoah All Others Cairo Prince All Others Verrazano All Others Union Rags Uncle Mo All Others All Others Eskendereya All Others Desert Party Pyro War Pass All Others Circular Quay Nobiz Like Shobiz Street Sense All Others 3-1 Brother Derek All Others 6-1 Afleet Alex All Others Eurosilver All Others Empire Maker

3 FUTURE WAGER POOL 4 Annual Pool 4 Total Wagering 2015 $273,016 $144,456 $417, $228,748 $107,969 $336, $266,073 $136,094 $402, $303,043 $124,304 $427, $269,354 $123,556 $392, $224,358 $85,796 $310, $268,880 $108,278 $377, $291,835 $0 $291, $465,123 $0 $465, $454,743 $0 $454, $533,973 $0 $533, $386,244 $0 $386, $222,261 $0 $222, $524,847 $0 $524, $425,871 $0 $425, $387,206 $0 $387, $229,674 $0 $229,674 Pool 4 $2 Win Payoffs Horse Pool 4 Derby 2014 California Chrome $20.80 $7.00* 2013 Orb $29.60 $ I ll Have Another $45.60 $ Animal Kingdom $64.40 $ Super Saver $73.00 $ Mine That Bird (f) $36.80 $ Big Brown $8.60* $6.80* 2007 Street Sense $15.40 $11.80* 2006 Barbaro $20.80 $ Giacomo $ $ Smarty Jones $23.60 $10.20* 2003 Funny Cide $ $ War Emblem (f) $24.00 $ Monarchos $15.80 $ Fusaichi Pegasus $8.00* $6.60* 1999 Charismatic (f) $26.60 $64.60 Pool 4 $2 Exacta Payoffs Horse Pool 4 Derby 2014 California Chrome $ $ Orb $ $ Golden Soul (f) 2012 I ll Have Another $1, $ Animal Kingdom $3, $ Nehro 2010 Super Saver $1, $ Ice Box 2009 Mine That Bird (f) $ $2, Pool 4 Top 2 Favorites Since American Pharoah Dortmund All Others: California Chrome All Others: Verrazano Union Rags All Others Uncle Mo Dialed In All Others Lookin At Lucky I Want Revenge Quality Road Big Brown Pyro Curlin Street Sense Brother Derek 5-1 Lawyer Ron Bellamy Road 4-1 Sun King 10-1 f-sweet Catomine All Others Smarty Jones Empire Maker All Others Top Pool 1 Total Wagering $273,174 Pool $234,574 Pool 1 Top 17 Pool 2 Total Wagering $631,304 Pool $621,493 Pool $620,362 Pool $592,492 Pool $577,889 Pool $552,627 Pool $536,958 Pool $520,688 Pool $516,909 Pool $510,815 Pool $478,721 Pool $466,048 Pool $465,454 Pool $448,598 Pool $439,379 Pool $380,249 Pool $267,748 Pool 2 Top 16 Pool 3 Total Wagering $511,655 Pool $464,236 Pool $422,331 Pool $411,368 Pool $407,039 Pool $401,070 Pool $391,002 Pool $380,420 Pool $379,613 Pool $376,699 Pool $372,961 Pool $358,966 Pool $355,853 Pool $334,326 Pool $325,306 Pool $306,259 Pool $178,811 Pool 3 Top 17 Pool 4 Total Wagering $533,973 Pool $524,847 Pool $465,123 Pool $454,743 Pool $427,347 Pool $425,871 Pool $417,473 Pool $402,167 Pool $392,910 Pool $387,206 Pool $386,244 Pool $377,158 Pool $336,717 Pool $310,154 Pool $291,835 Pool $229,674 Pool $222,261 Pool 4 Top Pool 1 $2 Win Payoffs 2014 California Chrome (f) $3.60* Pool 2 Top Pool 2 $2 Win Payoffs 2003 Funny Cide $ Pool California Chrome $63.40 Pool I ll Have Another $60.20 Pool Giacomo $52.00 Pool Super Saver $43.20 Pool Barbaro $40.20 Pool Monarchos $36.60 Pool Fusaichi Pegasus $27.80 Pool Street Sense $22.80 Pool Charismatic (f) $10.20* Pool Big Brown (f) $8.60* Pool War Emblem (f) $7.60* Pool Animal Kingdom (f) $6.20* Pool Mine That Bird (f) $5.80* Pool Smarty Jones (f) $5.60* Pool Orb (f) $5.20 Pool 2 Top Pool 3 $2 Win Payoffs 2003 Funny Cide $ Pool California Chrome $67.60 Pool Giacomo $54.20 Pool Super Saver $51.20 Pool I ll Have Another $46.20 Pool Barbaro $32.20 Pool Charismatic (f) $30.20 Pool Fusaichi Pegasus $26.40 Pool Orb $26.20 Pool Street Sense $18.20 Pool War Emblem (f) $16.00 Pool Big Brown (f) $15.00 Pool Monarchos $13.00 Pool Mine That Bird (f) $11.80* Pool Smarty Jones (f) $10.80 Pool Animal Kingdom (f) $9.40* Pool 3 Top Pool 4 $2 Win Payoffs 2003 Funny Cide $ Pool Giacomo $ Pool Super Saver $73.00 Pool Animal Kingdom $64.40 Pool I ll Have Another $45.60 Pool Mine That Bird (f) $36.80 Pool Orb $29.60 Pool Charismatic (f) $26.60 Pool War Emblem (f) $24.00 Pool Smarty Jones $23.60 Pool California Chrome $20.80 Pool Barbaro $20.80 Pool Monarchos $15.80 Pool Street Sense $15.40 Pool Big Brown $8.60* Pool Fusaichi Pegasus $8.00* Pool 4

4 Top 48 $2 Win Payoffs 2003 Funny Cide $ Pool Funny Cide $ Pool Funny Cide $ Pool Giacomo $ Pool Super Saver $73.00 Pool California Chrome $67.60 Pool Animal Kingdom $64.40 Pool California Chrome $63.40 Pool I ll Have Another $60.20 Pool Giacomo $54.20 Pool Giacomo $52.00 Pool Super Saver $51.20 Pool I ll Have Another $46.20 Pool I ll Have Another $45.60 Pool Super Saver $43.20 Pool Barbaro $40.20 Pool Mine That Bird (f) $36.80 Pool Monarchos $36.60 Pool Barbaro $32.20 Pool Charismatic (f) $30.20 Pool Orb $29.60 Pool Fusaichi Pegasus $27.80 Pool Charismatic (f) $26.60 Pool Fusaichi Pegasus $26.40 Pool Orb $26.20 Pool War Emblem (f) $24.00 Pool Smarty Jones $23.60 Pool Street Sense $22.80 Pool California Chrome $20.80 Pool Barbaro $20.80 Pool Street Sense $18.20 Pool War Emblem (f) $16.00 Pool Monarchos $15.80 Pool Street Sense $15.40 Pool Big Brown (f) $15.00 Pool Monarchos $13.00 Pool Mine That Bird (f) $11.80* Pool Smarty Jones (f) $10.80 Pool Charismatic (f) $10.20* Pool Animal Kingdom (f) $9.40* Pool Big Brown (f) $8.60* Pool Big Brown $8.60* Pool Fusaichi Pegasus $8.00* Pool War Emblem (f) $7.60* Pool Animal Kingdom (f) $6.20* Pool Mine That Bird (f) $5.80* Pool Smarty Jones (f) $5.60* Pool Orb (f) $5.20* Pool California Chrome (f) $3.60* Pool 2 Top $2 Exacta Payoffs Horse $2 Exacta Pool 2011 Animal Kingdom $3, Pool 4 Nehro 2012 I ll Have Another $1, Pool I ll Have Another $1, Pool Super Saver $1, Pool 4 Ice Box 2014 California Chrome $ Pool Mine That Bird (f) $ Pool California Chrome $ Pool Animal Kingdom (f) $ Pool Super Saver $ Pool I ll Have Another $ Pool 2 (f) 2009 Mine That Bird (f) $ Pool Animal Kingdom (f) $ Pool California Chrome (f) $ Pool 1 Candy Boy (13 th ) 2010 Super Saver $ Pool California Chrome $ Pool 4 The favorite has won in 12 of the 48 pools (25.0%) All Others has won in 17 of the 48 pools (35.4%) * Pool 1 1 of 1 (100.0%) * Pool 2 7 of 16 (43.8%) * Pool 3 6 of 16 (37.5%) * Pool 4 3 of 16 (18.8%)

5 KENTUCKY OAKS Dates Pool 1 Pool 2 Pool Feb. 27-Mar Feb. 27-Mar Mar Mar Mar Mar Mar Feb Mar. 6-9 Apr Feb Mar Apr Jan Mar. 2-5 Apr Feb Mar Apr Feb Mar Apr Apr. 3-6 Annual Total Wagering 2015 $115, $81, $126, $92, $92, $61, $72, $174,838* 2007 $193,086* 2006 $171,814* 2005 $172,479* 2004 $158,211* 2003 $117,368 Top Single Pool Format Total Wagering 2013 $126, $117, $115, $92, $92, $81, $72, $61,901 Top 3-Pool Format Total Wagering 2007 $193, $174, $172, $171, $158,211 Top 22 Single Pool Total Wagering $126,039 Lone $117,368 Lone $115,615 Lone $92,902 Lone $92,476 Lone $81,234 Lone $72,628 Lone $71,040 Pool $69,928 Pool $66,548 Pool $66,425 Pool $66,206 Pool $65,219 Pool $62,503 Pool $61,901 Lone $55,840 Pool $54,054 Pool $53,106 Pool $51,212 Pool $49,445 Pool $47,116 Pool $46,151 Pool $45,635 Pool 3 FUTURE WAGER POOL 1 Annual Pool 1 or Lone Pool Total Wagering 2015 $79,445 $36,170 $115, $54,571 $26,663 $81, $87,633 $38,405 $126, $63,960 $28,516 $92, $63,804 $29,098 $92, $61,901 $0 $61, $72,628 $0 $72, $65,219 $0 $65,219* 2007 $66,206 $0 $66,206* 2006 $66,548 $0 $66,548* 2005 $69,928 $0 $69,928* 2004 $66,425 $0 $66,425* 2003 $117,368 $0 $117,368 Pool 1 $2 Win Payoffs Horse Pool 1 Oaks 2014 Untapable $12.00* $4.00* 2013 Princess of Sylmar $41.00 $ Believe You Can $74.80 $ Plum Pretty (f) $21.80 $ Blind Luck $10.00* $ Rachel Alexandra $8.40 $2.60* 2008 Proud Spell $18.40 $8.80* 2007 Rags to Riches $9.60 $5.00* 2006 Lemons Forever (f) $9.00* $ Summerly $31.80 $ Ashado $48.40 $6.60* 2003 Bird Town $33.60 $38.40 Pool 1 $2 Exacta Payoffs Horse Pool 1 Oaks 2014 Untapable $48.40 $21.80 My Miss Sophia 2013 Princess of Sylmar $ $ Beholder 2012 Believe You Can $ $ Broadway s Alibi (f) 2011 Plum Pretty (f) $ $ St. John s River (f) Zazu Pool 1 Top 2 Favorites Since All Others I m A Chatterbox Untapable All Others Flashy Gray All Others All Others Princess Arabella Kathmanblu Zazu Joyful Victory Blind Luck Amen Hallelujah Justwhistledixie Rachel Alexandra * Indian Blessing Country Star * All Others Rags to Riches * All Others 7-2 Folklore * Sweet Catomine 9-2 All Others * Halfbridled All Others Storm Flag Flying Elloluv FUTURE WAGER POOL 2 Annual Pool 2 Total Wagering 2008 $62,503 $0 $62, $55,840 $0 $55, $54,054 $0 $54, $53,106 $0 $53, $46,151 $0 $46,151 Pool 2 $2 Win Payoffs Horse Pool 2 Oaks 2008 Proud Spell $14.20 $8.80* 2007 Rags to Riches $10.00* $5.00* 2006 Lemons Forever (f) $11.00* $ Summerly $15.00 $ Ashado $21.00 $6.60* Pool 2 Top 2 Favorites 2008 Country Star Proud Spell Rags to Riches All Others All Others 9-2 Balance 7-1 Wild Fit Sweet Catomine 3-1 Summerly Halfbridled Madcap Escapade FUTURE WAGER POOL 3 Annual Pool 3 Total Wagering 2008 $47,116 $0 $47, $71,040 $0 $71, $51,212 $0 $51, $49,445 $0 $49, $45,635 $0 $45,635 Pool 3 $2 Win Payoffs Horse Pool 3 Oaks 2008 Proud Spell $15.60 $8.80* 2007 Rags to Riches $5.00* $5.00* 2006 Lemons Forever (f) $26.00 $ Summerly $28.40 $ Ashado $17.80 $6.60* Pool 3 Top 2 Favorites 2008 Eight Belles Proud Spell Rags to Riches Octave Balance 4-1 Wild Fit Sis City 5-2 Sweet Catomine Halfbridled Ashado Madcap Escapade

6 Top 22 $2 Win Payoffs 2012 Believe You Can $74.80 Lone 2004 Ashado $48.40 Pool Princess of Sylmar $41.00 Lone 2003 Bird Town $33.60 Lone 2005 Summerly $31.80 Pool Summerly $28.40 Pool Lemons Forever (f) $26.00 Pool Plum Pretty (f) $21.80 Lone 2004 Ashado $21.00 Pool Proud Spell $18.40 Pool Ashado $17.80 Pool Proud Spell $15.60 Pool Summerly $15.00 Pool Proud Spell $14.20 Pool Untapable $12.00* Lone 2006 Lemons Forever (f) $11.00* Pool Blind Luck $10.00* Lone 2007 Rags to Riches $10.00* Pool Rags to Riches $9.60 Pool Lemons Forever (f) $9.00* Pool Rachel Alexandra $8.40 Lone 2007 Rags to Riches $5.00* Pool 3 The favorite has won in 6 of the 22 pools (27.3%) All Others has won in 4 of the 22 pools (18.2%) Top $2 Exacta Payoffs Horse $2 Exacta Pool 2013 Princess of Sylmar $ Lone Beholder 2012 Believe You Can $ Lone Broadway s Alibi (f) 2011 Plum Pretty (f) $ Lone St. John s River (f) Zazu 2014 Untapable $48.40 Lone My Miss Sophia