How much bet on kentucky derby

Choose the one you like the best. Racebooks are betting sites you visit to bet on horse racing. There are a number of places to bet on the Kentucky Derby. Our Favorite Horse Betting Sites. Registration is simple and only takes a few minutes. Make sure your deposit info is close because as soon as the sign-up process is completed, you can make your first Kentucky Derby bet. Gambling for real money at your favorite racebook means deciding on a deposit option that makes sense for you. Certain online sports betting sites will take cryptocurrency.

Select the track of Churchill Downs. Select the race number of the Kentucky Derby. Select your horse. Select your bet type. Bettors can view Kentucky Derby betting odds at Bodog. The horse with the lowest odds is favored to win the Kentucky Derby and the rest of the horses are underdogs at Churchill Downs. There are no guarantees at the Kentucky Derby.

Win Betting A win bet is really as simple as it gets. You bet on the horse you think will win the Kentucky Derby. Place Betting If you bet on a horse to place, your horse has to finish in first or second at the Kentucky Derby. Show Betting Betting on a horse to show means your chosen horse has to finish in first, second or third place at the Kentucky Derby. Since a show bet gives you three different ways to win, the payout will usually be less than a victory in place betting or win betting.

As with place betting, there is even less risk involved with a show bet. Like a parlay bet in other sports, this is more than one Kentucky Derby bet combined on a ticket. If your horse comes in second at the Kentucky Derby, you receive place and show payouts, and if your horse finishes in third at the Kentucky Derby, you only get the show payout. Betting matchups in horse racing are appealing to sports bettors, because they are used to deciding between two teams with a point spread instead of a field of 20 horses at the Kentucky Derby.

Rather than handicapping the field of 20 horses and selecting a winner of the Kentucky Derby, a matchup involves two horses in the field, with a moneyline like that found in team sports. Regardless of whether or not the horse wins the Kentucky Derby, the bettor is only betting on which horse will finish ahead of the other.

Your horse could finish fifth at the Kentucky Derby, but the other horse has to finish sixth or worse for you to win your bet. Horseplayers can get their Kentucky Derby betting action down early, and at fixed and often generous odds. If the horse you bet on fails to make it to the Kentucky Derby, you can rip up your ticket before they open the gate.

Similar to a parlay bet, this is a group of racing bets. If you've mastered the art of win, place and show wagers, try an exacta. An exacta is more difficult than win, place and show wagers, but yields a higher payout. You bet an exacta by selecting a minimum two horses to finish first and second. These horses must finish first and second, in that order, for you to win the wager. If picking two horses in order sounds too difficult, you can "box" your wager.

A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win. A less common wager only available at certain tracks, the quinella is a simplified exacta. The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. The minimum bet amount is often 50 cents.

If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets. These horses must finish first, second, and third, in that exact order, for you to win the wager. If picking three horses in order sounds too difficult you can "box" your wager.

A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win. Going one step further, the superfecta calls on horseplayers to accurately select the top four finishers. The superfecta is a challenging wager to hit, so the minimum wager amount at many tracks is just 10 cents, allowing bettors to play many combinations on small budgets.

Think you can select the top five finishers in the correct order? Then the Super High 5 is the bet for you. At some tracks, if no one manages to hit the Super High 5, the wagering pool carries over to the next race on which the Super High 5 is offered, providing a jackpot prize for the next round of winning players to split.

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This is where the odds come into play. Skilled bettors can choose from a wide variety of wagering options, including the exacta picking the top two finishers in order and trifecta picking the top three finishers in order. Novice bettors are more likely to find success with traditional win, place, and show wagers.

A place bet pays off if your runner finishes first or second, and you can cash a show bet if your horse cracks the top three. But you can also bet more than the minimum amount, with larger payoffs as the prize. At the same time, losses can accumulate quickly when betting large amounts, so play in your comfort zone and save bigger bets for races where you have strong opinions. Drawing close or along to the rail would seem like a logical advantage for any horse in a particular race.

But, in the Kentucky Derby, being drawn inside has been the opposite. Since , just three horses breaking from the three innermost positions have captured the Run for the Roses. With field sizes that have approached or reached 20 in recent years, any mistake from the inside could crush the chances of a contender in a flash. Dating back to , six winners broke from starting slot 13 and wider, and much of that can be attributed to receiving a clean voyage.

Verdict: The trip is essential. Horses that are forwardly placed have been especially successful in recent editions of the Kentucky Derby. The last time a Derby hero rallied from farther back was Orb in who was 5th at the second call.

Verdict: Tactical speed is almost a necessity. There was a long stretch where favored horses in the Derby failed to run to their odds, but that has all changed in recent seasons. Seven favorites going back to came out victorious beneath the Twins Spires, including six in succession from to Experience matters when considering Kentucky Derby trainers, as the top conditioners in the game often have their runners peaking at Churchill Downs.

Verdict: The top conditioners get extra consideration in the Derby selection process. How to improve your betting. Step foot into exotic betting with exactas, trifectas and superfectas! Do you know the impact of workouts or final race times?

Maybe you know a thing or two about betting on horse races, but expert horseplayers take many factors into consideration before making their selections and choosing their bets. Want to up your game and dive into the deep details of handicapping a horse race?

These five tips will steer you in the right direction:. Advanced and expert handicapping. Or can you spot a class improvementor or class drop that could impact a race performance and race competition? When it comes to handicapping horse races, knowing how to bet is every bit as important as knowing who to bet. Expert horseplayers spend a large portion of their time constructing sound, logical wagers designed to give them the best chance at generating profits.

Want to take your handicapping to the next level? These five tips will help you develop your betting acumen in promising new directions:. Just prepping for a party! While betting on horse races is a fun challenge in and of itself, your enjoyment of the sport will be increased multifold by learning about the horses involved. Industry websites, including Brisnet. The news section of the Kentucky Derby website is a similarly rich resource of race results, insights, and interesting backstories.

Learn about the horses as horses —not just numbers in the program—and the sport will come to life before your eyes. Betting horses at random will produce only infrequent winners, so if you want to impress your friends with a steady stream of victorious selections, go with the flow and bet on favorites.

Set aside your wagering budget and ration it accordingly throughout the afternoon. Planning and placing wagers can take longer than you anticipate. Watching the Kentucky Derby with a group of friends? Team up with party games so everyone can enjoy a piece of the action. Betting a simple show bet parlay can be a potentially lucrative way to keep the fun going all afternoon. Another idea? 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. These are as good a place as any to get started. Horses are living creatures, not a series of numbers on paper.

When Horse 3 won his last race, was he under all-out urging from his rider, or did he win easily with speed to spare? Was Horse 7 blocked in traffic during a key moment in his most recent race? Watching lots of replays will help you develop a discerning eye for strong performances and troubled trips. With so much data available to analyze, it can be hard to know which information you should focus on for any given race. The quickest way to learn the ropes is to review the opinions of racing analysts.

Industry websites and online wagering services typically provide a rich assortment of handicapping articles and podcasts analyzing major races, so you can follow the experts and learn from their insights. Track websites often contain a handicapping section with selections for every race they offer.

Try handicapping a race on your own, then compare your conclusions with those of the professionals to see how your picks match up. Understand the risk vs. Did your horse roll home a convincing winner? If so, congratulations on a fine job handicapping!

If not, take some time to review the outcome and see where you went wrong. If the winner surprised you, go back and examine the past performances to see what you might have missed. Re-read the insights of experts who correctly picked the winner to see what they liked. Knowing the top jockeys and trainers, both on a national level and on a track-by-track basis, can consistently point you toward winning horses. Want to know which trainers excel preparing unraced horses for winning debuts?

Curious which jockeys ride best on dirt, and which are skilled on turf? Past performance sheets available through Brisnet. Bettors who want to dig deeper can visit the statistics page on Equibase.