A horse racing fan from boyhood, in his teens Blum began working as a racetrack hotwalker. However, in the 1960s he rode seasonally at California tracks, notably winning the 1966 Santa Anita Derby, and he also dominated Chicago"s summer racing circuit at Arlington Park.
On June 19, 1961, Walter Blum rode six winners on a single racecard at Monmouth Park Racetrack. He won more races in 1963 and 1964 than any other American jockey. He rode in the Kentucky Derby and Preakness Stakes on two occasions, his best finish a fourth in both in 1967 aboard Reason to Hail. In the 1971 Belmont Stakes, he rode Pass Catcher to a victory that denied Canonero II the Triple Crown. His best-known mounts were Hall of Famers Affectionately and Gun Bow with one of his most famous victories coming in the 1964 Woodward Stakes when he rode Gun Bow to a win over the legendary Kelso. In 1969 Blum was elected president of the Jockeys" Guild and served until 1974. He rode his last mount in 1975 then went to work as a racing official at Garden State Park and the Atlantic City racetracks. In 1978 he moved to Florida where he served as a state steward until retiring on December 30, 2004. Blum was inducted in the International Jewish Sports Hall of Fame in 1986 and the following year in the United States Racing Hall of Fame.
