by The Kentucky Derby, or Run for the Roses, is one of the most exciting horse racing events in the world. It captures national attention and betting volume on a scale not seen in any other sport.
It also assembles some of the country’s top 3-year-old thoroughbreds. While it’s easy to get caught up in the excitement of the race itself, it’s important to learn about betting options so you can find a bet that suits your preferences.
Win
If you want to bet on the Kentucky Derby, you need to understand the horse racing process. It’s similar to a regular season in sports: To qualify for the Kentucky Derby, horses have to go through a qualifying phase, which includes several tiers of races with points.
Those points are used to determine the 20-horse field for the Kentucky Derby. The top four finishers are awarded 100 points, while the fifth-place horse receives 40.
Once the Prep Season is complete, the stakes rise even further when it’s time for the Championship Series. Each race awards points on a scale of either 10-4-3-2-1 or 20-8-6-4-2, depending on the specific type of race.
There are some important factors to consider in betting on the Kentucky Derby, including pedigree and speed. Historically, pedigree has been an indicator of how a horse will perform at the Kentucky Derby distance of a mile and a half.
It’s also important to consider a horse’s track record and whether the horse has won other races. Longtime horse racing analyst Ed DeRosa shared his expert picks for last year’s Derby with the Louisville Courier Journal, which included Tiz the Bomb (who he saw as the top longshot and favorite).
Place
The Kentucky Derby is an annual event that attracts a large volume of betting action. The race is a popular choice for bettors from all walks of life, regardless of their level of experience in horse racing.
When it comes to betting on the Kentucky Derby, it’s important to understand the different types of bets available so you can make informed decisions and increase your odds of winning big. Some of the most common bets include win, place and show.
A win bet is a wager that pays out if your chosen horse finishes first or second in the race. A place bet is similar but offers a lower payout if your chosen horse finishes third or fourth in the race.
Another type of Kentucky Derby bet is a trifecta. This is a bet in which you pick the top three horses in a specific order. For example, if you pick Zandon, Epicenter and Messier to finish in the top three positions, you’ll win a $80 trifecta.
In addition to a trifecta bet, you can also place an exacta bet. This is a type of bet in which you choose the top two horses to finish in the correct order, usually from the favorite to the longest shot.
Show
If you’re new to the world of horse betting, the Kentucky Derby is a great place to get started. The race traces its roots back to 1875 and is held annually at Churchill Downs in Louisville, Kentucky. It’s a huge event and one of the most popular events in sports.
To bet on the Kentucky Derby, you’ll need to understand the different types of bets available and how to choose which ones are best for you. Here’s a quick rundown of the most common bets for the Kentucky Derby:
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Win/Place
This is one of the most common single race bets in horse racing and it pays out if your selection finishes first or second in the race. It’s also a good choice for those who want to take a risk but don’t have much money to invest.
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Show/Place
This bet is similar to the win/place bet, except it’s on a horse that finishes in third or higher in the race. It pays less than the win/place bet, but it’s a good choice for those who don’t have a lot of cash to spend on a single bet.
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Exacta/Trifecta
You can also wager on the top two finishers in a single race, as well as the top three in a trifecta. This type of bet is usually available during various “Road to the Kentucky Derby” prep races.
When you’re deciding which horses to bet on, take a look at their previous performance in the Kentucky Derby. This can help you decide if they’re suited for the race and if they will have a successful run-in front of the crowd at Churchill Downs on Derby Day. It can also give you an idea of their running style.
Exotic bets
There are a number of exotic bets on the Kentucky Derby betting board. They offer a variety of payouts, but require a higher degree of knowledge than simple straight bets.
Exotic bets are wagers that involve multiple combinations of horses, often over several races. They’re a popular type of betting because they pay out more money when the winning combination occurs.
The basic exotic bets are quinellas and exactas. Quinellas allow you to select two horses and pick their order, whereas exactas require that each horse finish in the same position.
You can also play boxed exotic bets, which involve buying multiple combinations of horses and placing them in a specific order. The payouts are lower than those of standard exotics, but it’s a good way to increase your chances of winning.
Another type of exotic bet is the part wheel, which is a method of picking more than one numbered horse to win each leg of a Pick 3 or Pick 6. The payouts are low, but they can be profitable if you have a lot of knowledge and are aggressive.
TVG
As the world’s leading horse race betting network, TVG offers a great online betting experience for horse bettors. The site and app feature smooth live streams, expert picks, and in-depth research. Combined with their industry-leading bonus offer (up to $200 free), TVG makes betting on the Kentucky Derby easy and enjoyable for all bettors.
The TVG horse racing app is available in 32 states and features live races from over 150 tracks worldwide. It also features a streamlined interface that’s easy to use and navigate, and provides detailed information on every race. It’s even possible to watch replays of recent races for free.
In addition to its wide range of wagering options, TVG is also a member of the AWARE (Always WAger REsponsibly) program, which was among the first to promote responsible wagering on horse racing. The site is also known for its excellent customer support.
TVG has an extensive range of promotions and bonuses that can be accessed from the homepage or the TVG app. These include free deposits, exotic insurance for exacta and trifecta bets, enhanced prize pools and more.
Signing up for a TVG account is simple. All you need is your name, address, email address, phone number and date of birth. Once you have all these details, you can create your account and start betting on the kentucky derby risk-free!
