Signing up for a wagering account to bet the Kentucky Derby is easy. FairwayJay is a leading national sports and gaming analyst and is recognized as one of the sports industry's most insightful professionals. Jay has pursued his passions and maintained a pulse on the sports, gaming and poker industries while living in Las Vegas for nearly two decades.
He's been a regular featured guest on sports and gaming radio shows, podcasts and produces sports betting and related industry articles and content for various sites and sources. Kentucky Derby. Visit TVG. Related Articles. September 1, Written by FairwayJay FairwayJay is a leading national sports and gaming analyst and is recognized as one of the sports industry's most insightful professionals.
View all posts by FairwayJay. Nevada Betting Law North Carolina does not have any dedicated horse racing tracks and parimutuel wagering is outlawed. Racing fans can check out the annual Queens Cup Steeplechase for live racing action. Parimutuel and online betting are not allowed in South Carolina. South Carolina Betting Law Utah has a couple of minor racetracks that hold races only a few days a year.
There is not much of a horse racing industry to speak of and all racing betting is outlawed. Utah Racing Law Colonial Downs is the only racetrack in Virginia and state residents may bet online at: www. Arizona Betting Law Iowa is home to one horse racing track and one greyhound racetrack. Missouri Betting Law Vermont no longer has any horse racing tracks. State residents may bet on races held elsewhere online at: www.
Texas Betting Law Kentucky Derby Odds and Contenders At the next Kentucky Derby approaches and more is learned about upcoming runners, horse racing observers will begin putting out projected odds and adjusting them over time. BettingUSA will update this page with updated odds periodically until race day. The official morning line odds will be published after the post position draw the week of the Kentucky Derby. Once the morning line odds are live, OTBs and horse racing betting sites will begin taking wagers on the Kentucky Derby.
The events surrounding the Kentucky Derby and lack of fans were anything but normal, but the race itself went off without a hitch. In the end, Authentic emerged victorious after getting off to an early lead that he never relinquished to give trainer Bob Baffert his sixth Kentucky Derby victory.
The vast majority of wagers placed on major races such as the Kentucky Derby are simple enough that anyone can get started with a little guidance. Ultimately, the goal with every wager is to pick a horse that will finish either in first place or very close to first. The following wagers are the most common types that most casual race fans can pick up and run with in no time.
Horse racing fans can read more about these wagers and others at the BettingUSA horse racing betting guide. There, fans can read about all the wagers described above plus other options such as boxing and keying horses. The payout odds on each horse are calculated based on current betting action. As money comes in before the race, the odds are updated in real time or as close as possible to real time. The odds posted publicly are subject to change dramatically as more wagers come in but generally provide an accurate representation of which horses are favorites and which are long shots.
Tracks take all the money that comes in, collect a fee off the top and then distribute the remainder to the winners. Long shot horses pay the most in this system because fewer people bet on long shots, so there are fewer people to split the pool with.
Horses perceived as strong pay less because more people bet on the favorites, and this results in more winners splitting the pool when that horse wins. The actual process of calculating the odds is quite complex due to there being so many different types and sizes of wagers that will need to be paid off at the end of the race.
But generally speaking, it all comes down to how much action is put on each horse. Placing any of the above wagers begins with choosing a betting site see our recommendations above and then making a real money deposit. Horse racing betting sites provide several methods customers may use to fund their accounts. In most cases, users may fund their accounts via credit card, debit card, electronic bank transfer, and even cash via prepaid betting vouchers.
Read more about the various deposit methods here:. Note: You may want to consider making a deposit sooner rather than later. Some deposit methods take a few days to get everything set up before your first deposit. Kentucky Derby futures allow horse racing fans to place wagers well in advance of the race, even before the final runners have been selected.
Futures are usually the domain of traditional sports betting in which wagers are placed against the house, but Churchill Downs offers parimutuel Kentucky Derby Future Wager Pools each year that allow fans to get their bets in on the winners very early. Kentucky Derby futures are fraught with uncertainty being so far out from race day but offer payouts that are potentially much larger. Horse racing fans should be aware that futures are not refundable; once the bet is placed, there it remains even if the chosen horse withdraws.
Each year, Churchill Downs hosts four futures Kentucky Derby future pools. The first actually begins at the end of the previous year while the next three occur in intervals over the run-up to race day. Kentucky Derby prospects get exactly one chance in their lives to take a crack at the Kentucky Derby due it being open to three-year-olds only. A total of twenty slots are available, so competition to even earn an appearance at the starting gate is fierce.
Most horses vie for one of the twenty slots through a series of 35 prep races called the Road to the Kentucky Derby, beginning in the fall of the year preceding the race. The top four finishers in each prep race earn points for their performances and move their way up the leaderboard that will ultimately determine who gets to run in the Kentucky Derby. The number of points up for grabs in each race varies as some races along the way are worth more than others.
Early prep races, for example, may award 10 points for a first place finish, 4 points for a second place finish, 2 points for a third place finish and 1 point for a fourth place finish. Some of the higher profile races award significantly more points and are therefore highly anticipated as key races to watch for potential Kentucky Derby standouts.
The Belmont Stakes , for instance, issues points for the first four finishers respectively. After the final race in the series is completed, the top 18 horses with the most points plus the winners of the Japan and European roads are invited to run in the Kentucky Derby. Fans can track point totals and look for potential contenders each year here. The Kentucky Derby is a 1. This race is open to 3-year-old Thoroughbreds only.
This means that if a horse qualifies to run the derby, it is a once-in-a-lifetime opportunity for that horse. Out of all the racing events in the world, the Kentucky Derby is the most prestigious. The first Kentucky Derby was hosted in and has been run every year since then. This year will be the th running of the event. Today, the Kentucky Derby is open to exactly 20 horses.
To qualify, horses must run the Road to the Kentucky Derby, which is a series of 35 races hosted around the world. Points are awarded for first through fourth place finishes in reach race. The 20 horses with the most points at the end of the road earn a spot in the starting gate. With an average attendance of ,, the Kentucky Derby is the most-spectated horse race in the United States. The tradition of betting on the race is as old as the Kentucky Derby itself.
Many people are happy to bet just for the sake of having a stake on the outcome, but some people take Kentucky Derby betting very seriously. There are numerous resources that serious gamblers can use for research and planning. Skip to content. It is officially Kentucky Derby betting season. Review Play Now. Table of Contents. Online Racing. Alabama has two greyhound racetracks and no active horse racing tracks. California has five racetracks and state residents may bet online at: www.
Colorado has one racetrack and state residents may bet online at: www. Delaware has three racetracks and state residents may bet online at: www. Florida is home to numerous horse and greyhound racetracks. Idaho has two racetracks and several fairgrounds that hold races on occasion. Indiana has four racetracks and state residents may bet online at: www.
Kansas no longer has any active racetracks but state residents may bet online at: www. Kentucky has six racetracks and state residents may bet online at: www. Maine has two racetracks and state residents may bet online at: www.
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Bonus valid for 7 days. The Kentucky Derby is the biggest horse racing event in the world. Below are our top tips to help you get the most out of your Kentucky Derby betting venture. When you scroll through the best Kentucky Derby betting sites, the list of odds and options will be extensive.
Outright Win — If you want to bet on a single horse to win, this is the option for you. Each-way Bet — If you want to hedge your bets, you can bet on a horse to finish first, second, third and, in some instances, fourth. Exacta Bet — If you like two horses, you can place a straight exacta bet. Alternatively, you can place an exacta box bet and speculate on two or more horses to finish first and second, in any order. Trifecta Bet — Like an exacta, trifecta bets require you to select three horses to finish in a certain order straight trifecta or in any order within the top three finishers trifecta box.
Superfecta — Kentucky Derby betting online often throws up some interesting options and the superfecta is one of them. Like exactas, these can be straight or boxed. Now you know how to bet on Kentucky Derby horses, so the final thing we need to show you is how to pick a winner.
Is there a dead cert and a live longshot? Betting on a heavy favorite is always a good way to make a profit in the horse racing world. However, Kentucky Derby odds on a highly rated horse will often be low, which means your returns will be relatively low. Even better, you can make exacta bets combining heavy favorites with live outsiders. Doing this can increase the odds and, therefore, your potential returns.
Churchill Downs is a dirt track. If it rains, the consistency of the dirt will change and that can impact the outcome of the race. The final Kentucky Derby betting tip: some research. The internet is filled with options, so compare sportsbooks to find your best fit. By looking through a variety of the best Kentucky Derby betting sites, you can find the best odds possible.
BetAmerica is another top choice for horse racing. BetAmerica has free live horse race video streaming and handicapping information and tools along with contests and rewards programs not available when betting at a casino or race and sportsbook. When you bet on a horse to win, simply locate the track listing at Churchill Downs and the race number of the Kentucky Derby and select the horse number.
Add it to your bet slip and confirm the amount of the win wager. The odds can change right up to post time of the Kentucky Derby. For added or multiple bets like exacta and trifecta, add all the selections to your betting slip and confirm the amount you want to wager and all combinations. For more details on the different types of Kentucky Derby bets, check out our complete betting guide.
Signing up for a wagering account to bet the Kentucky Derby is easy. FairwayJay is a leading national sports and gaming analyst and is recognized as one of the sports industry's most insightful professionals.
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