Kentucky Derby Betting
The Kentucky Derby is widely considered to be one of the most prestigious horse races in the entire world. This incredibly popular horse race runs the first weekend in May each year, and takes place in Louisville, Kentucky. The Kentucky Derby is the first race in the Triple Crown, which consists of the three largest horse races anywhere. The Kentucky Derby is also called the "Most Exciting Two Minutes In Sports", for good reason. The race draws attention from sports bettors and fans all around the world for these two minutes while the winner of the Kentucky Derby is decided. The Kentucky Derby is run at Churchill downs, which holds over 165,000 people. We are going to take a look at a few of the best sports betting options when it comes to betting on the Kentucky Derby, and also explain more in-depth what each bet is.
Best Kentucky Derby Betting Sites
» Win, Place, or Show Bets
This is the most common type of bet when you are betting on the Kentucky Derby. Betting on a horse to win the Kentucky Derby is self explanatory, and you would need them to finish in first place for you to win this bet. If you bet on a horse to place, then the horse must finish in either first or second in order to win the bet, and if you bet on a horse to show; then the horse would need to finish in first, second, or third. In this situation, betting on a horse to "win" will definitely offer much better odds than if you were to bet on a horse to "place" or "show".
» Quinella and Exacta Bets
These bets are called exotic bets, and the idea behind this type of Kentucky Derby bet, is that you are picking the order of finish in the Kentucky Derby for at least two horses. This bet will give you better odds and a better payout than just picking a horse to win, place, or show. A Quinella Kentucky Derby bet is where you pick two horses to finish in the top two places, but the exact order of their finish does not matter. So this means that either horse can finish in either position in the top two, and you will still win the Quinella bet. An Exacta Kentucky Derby bet is this exact same bet, where you are choosing two horses to finish in first or second; but in this situation you actually have to choose which horse will finish in which position. The odds on an Exacta bet are the highest out of all of the bets listed so far.
» Trifecta and Superfecta Bets
These two types of bets can be very tough to hit, but offer an incredibly high payout if you are able to hit one of them. A Trifecta Kentucky Derby bet is a bet where your job is to choose the top three horses in the exact order of finish. This bet will give out the highest odds of any Kentucky Derby bet, except for a Superfecta. A Superfecta Kentucky Derby bet is the same as a Trifecta, except that you are now picking the top four horses that you think will finish in the top four spots. This bet must be exact, but will pay out the best odds of any bet on the Kentucky Derby if you can hit it.