how do you place bets for kentucky derby
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How do you place bets for kentucky derby intrade election betting

How do you place bets for kentucky derby

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They make it very easy to get your bets in. Picking a Winner There are few things more satisfying in betting the horses than picking out the winner of the one race that everyone is watching. Making your choice for the Derby can be as complicated as you want to be, from watching all the prep races in preparation and studying the past performances, or as simple as picking your favorite number or color of silks. In the end it is your decision.

The race program and multiple forms of past performances of the Kentucky Derby horses are available, and learning how to read them is the ultimate in handicapping the races. There are also a plethora of analyses and selections from the professionals out there — including right here on WSN — if you would rather leave it to the experts.

Finally, if you are waiting for the final minutes to place your bets, it is always wise to take a look at both the odds to see which horses offer the best value, as well as looking at the horses out on the track to see how they look before running in the most prestigious race of their careers. Ultimately, and especially in a big field like the Kentucky Derby, you will need a little luck to win your wagers. Types of Bets 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. If your horse finishes anywhere but on top, it is a losing ticket.

This wager will pay out if your horse finishes either first or second. Show Bet The easiest bet to cash in horse racing is the show bet. It almost never pays as much as a win bet, or even a place bet, but it gives you the best chance to cash. This wager will pay out if your horse finishes either first, second or third.

Exotic Wagers 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. Exacta Bet The most straightforward of the exotic bets is the exacta. It requires you to select the first and second-place finishers in the correct order. To improve your chances of hitting your exotic bet, like an exacta, you can box them, where they can come in either order.

Or you can play multiple horses for each spot. From there you can sort the daily races by tracks, race numbers, individual horse numbers, and bet types. In-person When placing an in-person bet on horse racing you need to have cash in hand to make the wager as well as know the track name, race number, horse number and type of bet you wish to place. Kentucky Derby tips The Run for the Roses is the biggest event in horse racing every year and here are some easy Kentucky Derby tips to follow before placing your bets: Betting the favorite Before the pandemic rescheduled the Kentucky Derby to September, the post-time favorite had won the Kentucky Derby six years straight from to Although there are always enticing options betting a horse at big odds, betting the favorite this past decade has proven to be a very profitable venture.

They are typically the quickest out of the gate and thrive on the lead. Since , there have been 23 wire-to-wire Kentucky Derby winners, meaning they have led at every point in the race, including champion Authentic. Presser: A horse likely to be up and on the pace, but not the one leading the race. Stalker: A horse most likely to stay off the pace, but close enough to strike early.

Closer: A horse that sits well off the pace and makes one late stretch run. Since , there have been eight horses who have made a last-to-first rally in the Kentucky Derby. Weather Three of the past four Kentucky Derbies save for the September running have been raced over less-than-ideal conditions.

Six of the last 12 Derbies have seen rain during or before the card. With the Kentucky Derby returning to its regular spot in the first weekend of May, rainy spring weather could be a factor. Backing the hot hand Winning the Kentucky Derby is no easy feat, but once you capture that illustrious first one, the second one seems not far away as wins tend to come in bunches.

Legal horse racing betting sites fill the void created by sportsbooks for wagering on the Kentucky Derby. Check out our guide that identifies the best Kentucky Derby betting sites in your area. There are a number of legal and authentic online racing books, which allow you to withdraw funds directly to your bank account.

How much money is bet on the Kentucky Derby? What is the minimum bet for the Kentucky Derby? For the exotics, depending on where you play, many offer a 0. How early can you bet on the Kentucky Derby? You can bet on the upcoming Kentucky Derby as early as the day after the prior year's Derby.

As the Kentucky Derby is limited to three-year-olds only, the early favorites are the horses having standout two-year-old campaigns. When does betting close for the Kentucky Derby? You can place your wagers until the gates open. Soak up as much information in the post parade and loading the gate as you can. Knowledge is power.

What is a superfecta bet? With a Superfecta bet you are selecting the top four finishers in the race in order. Pages related to this topic.

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3 Key Tips for Betting the Kentucky Derby

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