The Kentucky Derby is today... though betting on it is more challenging now with the closure of the OTBs (like the one above on Third Avenue in the 40s) back in December.
From an article in The Wall Street Journal yesterday:
In a city where it's possible to do just about anything imaginable, it's suddenly become enormously difficult to legally put money on the most prestigious horse race on the planet.
So it's off to Belmont then... instead of a trip to Delancey...