- FILE - In this May 2, 2015, file photo, a man places a bet before the 141st running of the Kentucky Derby horse race at Churchill Downs, in Louisville, Ky. Picking a horse to win the Kentucky Derby is easy. Hoping that choice wins and pays off with a profit is the challenge.(AP Photo/Jeff Roberson, File)
Put the names of every Kentucky Derby horse in a hat and take turns drawing names until every horse has been selected. If everyone bets a small amount on their chosen runner (s), you can guarantee someone will experience the satisfaction of winning a Derby wager. I've put together my own personal betting guide for the Kentucky Derby below. Kentucky Derby Betting 101: Understanding Where & How to Bet the Race 2019 Race Information. Date: Saturday, May 4 Time: Aprox. 6:34 pm EST TV: NBC Location: Louisville, Kentucky Track: Churchill Downs Surface: Dirt Distance: 1 1/4 Mile Track Horses: 3-Year-Old.
- If you need Kentucky Derby horse racing betting advice on how gambling works, then it's simpler than you think. Choose a horse you want to bet on for the race and add that to your slip. Now enter your stake, that's the amount you want to gamble, and place the bet.
- The fourth Futures Pool for the 2021 Kentucky Derby is set to open on Friday and for the first time this cycle - a named horse has opened as the betting favorite rather than All Other Three-Year-Olds. It won't be a shocker to most that it is Brad Cox's Essential Quality that has been granted that status.
LOUISVILLE, Ky. — Picking a horse to win the Kentucky Derby is easy.
Placing a bet is as close as a cellphone, tablet, computer or even a smart TV with internet access. But for the novice or inexperienced bettor, making a wager that pays off with a profit can be a challenge: Beginners need to know how to place a bet, who to bet on and where to place the bet. Where to place bets.
Off-track simulcasting in more than two dozen states offers a convenient alternative to going to the track. Of course, there's always the actual experience of walking up to the betting window at the track.
That's a good option if you can't get to Churchill Downs, where 150,000 spectators are expected for Saturday's 145th Derby and hoping to get some action on Game Winner, the 9-2 new morning line favorite after 4-1 previous favorite Omaha Beach was scratched Wednesday evening with a breathing problem.
Minimum bets vary from state to state, but here are some things to consider when placing a wager:
THE BASICS
The obvious wager is betting on a horse to win. Just pick one. But after that, it can get a little trickier.
Bets can be made on a horse to win, place (finish first or second) or show (finish first, second or third) — or all three with an across-the-board wager. An exacta involves correctly picking the first two horses in order, or in any order with a combination known as a box bet (1-2 or 2-1, for example).
Superfecta bets (picking the first four horses) are also available, as are exotic wagers such as Pick 3 and Pick 6 that requires choosing the winning horses in multiple races. A Pick 3 and a Pick 6 are the hardest to predict, leading to rollover jackpots that can be very lucrative. But they probably are best left to more seasoned bettors.
DO YOUR HOMEWORK
Determining who to bet on can start with a daily racing program that lists entrants for each race and information including odds, jockey, trainer, silks, saddle towel color and past performances. They can be purchased at the track, simulcast venue or a track's website.
It will initially seem like a lot of numbers and statistics, but tracks and web sites offer instructions on how to read and understand a program. One benefit to being at the track is seeing how the horse looks in the paddock or during the pre-race parade. Appearance and temperament are important, so keep an eye on horse's ears to see how engaged the horse is with the atmosphere.
And there's nothing wrong with playing a hunch, since after all, it's just a gamble.
ONLINE BETTING
After learning what to bet and who to bet on, the next step is placing the bet.
Numerous websites such as TwinSpires.com — Churchill Downs' online service — Equibase.com and TVG.com offer betting at racetracks worldwide. Wagering is free, but it will require setting up a subscription and require banking information to place bets and deposit winnings. Those services even provide live streaming and replays.
Various online sites offer betting tips along with news and updates. It's the most convenient way to bet on marquee races such as the Kentucky Derby, Preakness and Belmont Stakes as the Triple Crown season unfolds. It's also a good option for other marquee races during the year such as the Travers Stakes and season-ending Breeders' Cup World Championships.
PARI-MUTUEL BETTING-SPORTS BETTING
When wagering, the longer the odds the bigger the payoff.
In horse racing, the odds are not finalized until the race begins. That is known as pari-mutuel betting. That's different than sports betting in which bettors get the odds that are available at the time they make their bet.
New Jersey tracks also offer exchange wagering for horse races, which differs from pari-mutuel betting. Exchange wagering matches and locks in the odds at the time a bet is placed and also allows betting during the race.
And while sports betting expanded in several states last year after the U.S. Supreme Court ruled that states could legalize sports gambling, it does not include horse racing. Even in most states that have legalized sports betting, placing a bet on horse racing is limited to the tracks as the sport examines how to compete and benefit from new legislation.
There is an overload of information available on the 2020 Kentucky Derby. Below we have complied the ten best tips for betting this year's Derby all in one quick and convenient place for your betting needs.
Predicting the exact order of finish for the Derby can be a useful exercise, as it is important to know where the long shots stand for your lucrative exotic wagers.
These are the five horses at odds of 20-1 or higher that have the best chance of hitting the board in the Kentucky Derby.
Decide for yourself who looks best in this year's Run for the Roses with free Brisnet past performances.
Play play mississippi stud online, free. Kentucky Derby superfecta can still pay great with the favorite
Even if Tiz the Law wins, history has shown that hitting the Derby superfecta could still could change your life.
Our panel of experts hands out their top selection in the Derby, plus live long shots and wagering strategies.
Your guide to everything Kentucky Derby related. Check out in-depth analysis of every horse in the race.
Wms slot machine software. View the latest Derby odds and see how they have changed over the last 24 hours to decide who is taking 'sneaky' money.
Watch videos of this year's Derby contenders working up to the big race with analysis of each horse.
Key trends help uncover the Derby winner year after year. With the $3 million race moved back 4 months this year, many of the usual trends have gone out the window. See what still remains relevant for the September Derby.
Get the scoop on the Derby with analysis from your favorite industry insiders.
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Kentucky Derby Betting Tickets
Early Kentucky Derby Betting
Off-track simulcasting in more than two dozen states offers a convenient alternative to going to the track. Of course, there's always the actual experience of walking up to the betting window at the track.
That's a good option if you can't get to Churchill Downs, where 150,000 spectators are expected for Saturday's 145th Derby and hoping to get some action on Game Winner, the 9-2 new morning line favorite after 4-1 previous favorite Omaha Beach was scratched Wednesday evening with a breathing problem.
Minimum bets vary from state to state, but here are some things to consider when placing a wager:
THE BASICS
The obvious wager is betting on a horse to win. Just pick one. But after that, it can get a little trickier.
Bets can be made on a horse to win, place (finish first or second) or show (finish first, second or third) — or all three with an across-the-board wager. An exacta involves correctly picking the first two horses in order, or in any order with a combination known as a box bet (1-2 or 2-1, for example).
Superfecta bets (picking the first four horses) are also available, as are exotic wagers such as Pick 3 and Pick 6 that requires choosing the winning horses in multiple races. A Pick 3 and a Pick 6 are the hardest to predict, leading to rollover jackpots that can be very lucrative. But they probably are best left to more seasoned bettors.
DO YOUR HOMEWORK
Determining who to bet on can start with a daily racing program that lists entrants for each race and information including odds, jockey, trainer, silks, saddle towel color and past performances. They can be purchased at the track, simulcast venue or a track's website.
It will initially seem like a lot of numbers and statistics, but tracks and web sites offer instructions on how to read and understand a program. One benefit to being at the track is seeing how the horse looks in the paddock or during the pre-race parade. Appearance and temperament are important, so keep an eye on horse's ears to see how engaged the horse is with the atmosphere.
And there's nothing wrong with playing a hunch, since after all, it's just a gamble.
ONLINE BETTING
After learning what to bet and who to bet on, the next step is placing the bet.
Numerous websites such as TwinSpires.com — Churchill Downs' online service — Equibase.com and TVG.com offer betting at racetracks worldwide. Wagering is free, but it will require setting up a subscription and require banking information to place bets and deposit winnings. Those services even provide live streaming and replays.
Various online sites offer betting tips along with news and updates. It's the most convenient way to bet on marquee races such as the Kentucky Derby, Preakness and Belmont Stakes as the Triple Crown season unfolds. It's also a good option for other marquee races during the year such as the Travers Stakes and season-ending Breeders' Cup World Championships.
PARI-MUTUEL BETTING-SPORTS BETTING
When wagering, the longer the odds the bigger the payoff.
In horse racing, the odds are not finalized until the race begins. That is known as pari-mutuel betting. That's different than sports betting in which bettors get the odds that are available at the time they make their bet.
New Jersey tracks also offer exchange wagering for horse races, which differs from pari-mutuel betting. Exchange wagering matches and locks in the odds at the time a bet is placed and also allows betting during the race.
And while sports betting expanded in several states last year after the U.S. Supreme Court ruled that states could legalize sports gambling, it does not include horse racing. Even in most states that have legalized sports betting, placing a bet on horse racing is limited to the tracks as the sport examines how to compete and benefit from new legislation.
There is an overload of information available on the 2020 Kentucky Derby. Below we have complied the ten best tips for betting this year's Derby all in one quick and convenient place for your betting needs.
Predicting the exact order of finish for the Derby can be a useful exercise, as it is important to know where the long shots stand for your lucrative exotic wagers.
These are the five horses at odds of 20-1 or higher that have the best chance of hitting the board in the Kentucky Derby.
Decide for yourself who looks best in this year's Run for the Roses with free Brisnet past performances.
Play play mississippi stud online, free. Kentucky Derby superfecta can still pay great with the favorite
Even if Tiz the Law wins, history has shown that hitting the Derby superfecta could still could change your life.
Our panel of experts hands out their top selection in the Derby, plus live long shots and wagering strategies.
Your guide to everything Kentucky Derby related. Check out in-depth analysis of every horse in the race.
Wms slot machine software. View the latest Derby odds and see how they have changed over the last 24 hours to decide who is taking 'sneaky' money.
Watch videos of this year's Derby contenders working up to the big race with analysis of each horse.
Key trends help uncover the Derby winner year after year. With the $3 million race moved back 4 months this year, many of the usual trends have gone out the window. See what still remains relevant for the September Derby.
Get the scoop on the Derby with analysis from your favorite industry insiders.