how does betting on the kentucky derby work

image

Three bets on a single horse, one on it to win the Kentucky Derby, one on it to place and one on it to show. If the horse wins all three bets are paid out. If it finishes second then the place and show bets are paid out but the win bet loses. If it finishes third, the show bet wins and the other two bets lose.

The minimum bet amount is usually $2. The most straightforward wager in horse racing. If your chosen horse wins the race, you win your bet. Betting a horse to win is just as fun as it sounds – the horse must win the race in order for you to win the wager.

Full
Answer

What are the odds of winning the Kentucky Derby?

Apr 26, 2017 · Conventional betting is easy for anyone to understand and consists of the following three wagers: WIN – Means the horse you bet must win the race. Payouts are determined by final odds. PLACE – Means your horse may win or run second. This bet allows some leeway for those who are leery of another runner or two in the field.

How do you Bet the Kentucky Derby?

Jun 30, 2020 · Here are the main wagers offered when betting the Kentucky Derby: Win If you wager $2 to Win on your horse, you collect only if your horse finished first. A $2 win wager on the 2021 winner Medina Spirit returned $26.20. Place If you wager $2 to Place, your horse must finish first or second for you to collect.

When is the next Kentucky Derby?

Aug 13, 2020 · There are numerous options when betting the Kentucky Derby, from very simple to quite intricate. The more difficult the wager is to predict, the more money each wager will return on your investment. Win Bet. This one is the most straightforward bet you can make — pick the winner, and win your bet. If your horse wins the race, you cash your wager.

How to bet Kentucky Derby futures?

May 01, 2021 · You no longer have to go to a racetrack, an OTB, or Las Vegas to bet the Kentucky Derby. Make an account on one or more of our recommended Kentucky Derby betting websites, and you will be able to bet the best odds on the Kentucky Derby from your computer, tablet, or smartphone. Some sportsbooks even offer mobile apps for even easier mobile betting.

image


How do I bet on Kentucky Derby?

4) Placing a bet online or on your mobile deviceRegister or Log-In (be sure to check for Derby week offers!)Select the track of Churchill Downs.Select the race number of the Kentucky Derby (usually the second to last race on the card)Select your horse.Select wager type.Enter your dollar amount.Submit your bet slip!Mar 31, 2022


How do betting odds work Kentucky Derby?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.


What is the best site to bet on the Kentucky Derby?

Best Kentucky Derby Betting Sites – Where to Bet on the 2022 RaceRankBetting Site#1Bovada SportsVisit Site#2BetUSVisit Site#3BetOnline SportsVisit Site#4MyBookieVisit Site1 more row


What does 8 to 5 odds pay?

The odds and what they meanOddsPayoff range6-5$4.40-$4.707-5$4.80-$4.903-2$5.00-$5.108-5$5.20-$5.5022 more rows


What does 9 to 2 odds pay?

$11.00Basic Table of Potential PayoffsOdds$2 Payoff9-2$11.005-1$12.006-1$14.007-1$16.0011 more rows


Can I bet the Kentucky Derby online?

Register today & bet on the Kentucky Derby online! Members can wager free at 300+ horse tracks worldwide, with exclusive access to major events including the 2022 Kentucky Derby. Bet anywhere. TwinSpires gives you an instant wagering advantage.


Can you bet the Kentucky Derby on FanDuel?

However, FanDuel Racing doesn’t feature any locations owned by Churchill Downs. Current contractual agreements don’t allow FanDuel to offer betting lines on any tracks owned by the company. Unfortunately, this includes several notable racetracks like Churchill Downs, the home of the Kentucky Derby.


What apps can I bet on Kentucky Derby?

TwinSpires brings you the most advanced horse racing betting app for iPhone and iPad, so you can legally bet on the finest horse racing on the planet – including the Kentucky Derby, the Preakness Stakes, the Belmont Stakes and the Breeders’ Cup – on over 150+ tracks worldwide!Jan 25, 2022


Is it legal to bet on the Kentucky Derby?

Yes, in most states it is legal to bet on the Kentucky Derby. Some states require players to visit a racetrack or OTB or use a betting site registe…


Where can I bet on the Kentucky Derby?

You no longer have to go to a racetrack, an OTB, or Las Vegas to bet the Kentucky Derby. Make an account on one or more of our recommended Kentucky…


Which are the best sportsbooks for betting the Kentucky Derby?

The best sportsbook is the one that gives you the right features and promotions, and the best odds on your horse. All of the sportsbooks on our rec…


Do sportsbooks offer promotions for betting on the Kentucky Derby?

Yes. Online betting sites offer promotions such as deposit bonuses and betting rebates. Horse racing rebates vary by racebook, but are often betwee…


What types of bets are usually available?

Racebooks offer a broad range of bets on the Kentucky Derby including the full range of traditional horse racing bets: Win Place Show Exacta Quinel…


What is a safe Kentucky Derby bet?

No bet will ever be a 100% guarantee. But, in the 20-horse Kentucky Derby, you will typically see odds of about +300 or +400 on the favorite, the h…


When does Kentucky Derby betting start?

Though the Kentucky Derby happens just once a year, you can start betting Kentucky Derby futures almost a year in advance, as two-year-old stars be…


Who is the favorite to win the Kentucky Derby?

The odds will continue to change as the Kentucky Derby draws closer. As of April 11, 2021, after all of the official Road to the Kentucky Derby pre…


What is roulette in Canada?

Roulette, the iconic and exciting online casino game is available for Canadians from the top online casinos. How do you play this game? What are the different kinds? We’ll uncover how and where you can find all the different types of online roulette games.


When will the Olympics start in 2020?

The Olympics are set to start on July 23. Which Canadian Athletes Qualified to Tokyo 2020?


Do you have to have a betting plan before you wager?

Whether inexperienced or advanced, it only makes sense that you have a betting plan before you wager your money. Conventional betting is easy for anyone to understand and consists of the following three wagers:


How many years has the Kentucky Derby been a betting favorite?

In a large and competitive field you would think the betting favorite would be up against it, but the Kentucky Derby betting favorite actually won six straight years from 2013 to 2018. In the last 22 years the betting favorite has seen the inside of the winner’s circle 10 times. However, from 1980 to 1999 the favorite came up short 20 years in a row.


How much is the Superfecta bet for the 2020 Kentucky Derby?

The Superfecta gets even harder as you must correctly select the top four finishers in the race. Most tracks have lowered the Superfecta bet increment to .10 cents, including the 2020 Kentucky Derby. However, Churchill Downs raised it back up to $1 for the 2021 running.


How much does Medina Spirit pay in 2021?

But remember, you don’t get the Win payoff, just the Place payoff, which is generally smaller than the win payoff. Medina Spirit paid $12.00 to place in 2021.


When is the Kentucky Derby 2022?

First run in 1875, the 2022 Kentucky Derby will be run on Saturday, May 7 at Churchill Downs. The race kicks off the Triple Crown, with the Preakness Stakes at Pimlico 14 days later. The Triple Crown concludes with the Belmont Stakes at Belmont Park three weeks after the Preakness.


Is AmWager a free race?

There is free streaming of the races online and up to a $500 sign up bonus. There are no minimum play requirements to earn cash rewards and they are deposited directly into your account daily.


How many times has Bob Baffert won the Kentucky Derby?

Look no further than trainer Bob Baffert who has won the Kentucky Derby a record seven times although Medina Spirit could end up getting disqualified. Baffert has started 34 horses in the race and along with his seven winners he has run second three times and third three times.


Is TVG a risk free game?

TVG is offering a $300 Risk Free wager for new players and has a wide array of players rewards including money back specials and wagering insurance. Their betting platform is one of the best in the business and their television network is available on Direct TV and Dish Network and can be streamed for free using the Roku or Firestick app.


How much is a place bet on the Kentucky Derby?

Like the win and show bets, the minimum wager is $2. In the 2019 Kentucky Derby, Country House paid $56.60 for a $2 place bet.


How to hit it big in the Kentucky Derby?

Another way to hit it big in the Kentucky Derby is by pairing it up with other races. In most cases, these are consecutive races leading up to the big ones.


How much does Country House pay for the Kentucky Derby?

If your horse finishes anywhere but on top, it is a losing ticket. In the 2019 Kentucky Derby, the longshot winner Country House paid a whopping $132.40 to win for a $2 investment, after being placed first due to the disqualification of Maximum Security


How much does Country House pay for horse racing?

This wager will pay out if your horse finishes either first, second or third. In the 2019 Kentucky Derby, Country House paid $24.60 for a $2 show bet.


How much is the Kentucky Derby trifecta?

The next step up from the exacta is the trifecta. This wager will pay out if you pick the top three horses in the correct order. Once again, you can play multiple horses in each spot, and just pay for every combination. The minimum bet for a trifecta for the Kentucky Derby is 50-cents. In the 2019 Kentucky Derby, the combination of Country House, Code of Honor, and Tacitus paid $5,737.65 for a $50-cent trifecta bet.


How much does a show bet pay out?

With 20 horses, you can imagine how difficult this once can be. In the 2019 Kentucky Derby, the combination of Country House, Code of Honor, Tacitus, Improbable, and Game Winner paid $544,185.90 for a minimum $1 Super High Five bet. Good luck hitting this one!


Can you make exotic wagers on the Kentucky Derby?

If you want to win even more money wagering on the large field of the Kentucky Derby, you can make an exotic wager, but remember while the payouts are higher, so is the level of difficulty.

image

Leave a Reply

Your email address will not be published.