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OMAR KHAYYAM BARGAIN HORSE Omar Khayyam winner of the 1917 Der ¬ by was a bargain horse He was purchased for Billings and Johnson for 1500 and in the Derby defeated as formidable a horse as Cudgel Omar Khayyam was bred in Eng ¬ land and is the only foreignbred horse to capture the Kentucky Derby After his Der ¬ by victory he raced to still greater fame de ¬ feating the best in America in rich stake races