NYC’s Kentucky Derby Blues

Love horse racing? Live in New York? Want to place a bet? You can't! Not anymore. Tomorrow is the Kentucky Derby, but as some prepare to bet on those competing on the track, we'll look back on New York in the 1970's when the city was the only place outside of Nevada to legalize off-track betting. OTB parlors generated millions of dollars in bets each year before it was wiped out in 2010.