Kentucky Derby Online Betting Review
The Kentucky Derby remains one of the top races in the United States of America. A lot of punters love to place their valuable bets on this extraordinary racing event. However, you may face a few challenges while trying to wager on this sport. If you find yourself confused about some choices, this Kentucky Derby betting guide will support you. We’d look deeply into the best sportsbooks and their different bonuses.
The hype around this kind of gambling is worth it. Punters can get a real feel of all the action at every point in the game. The act of choosing a platform for placing these bets work differently than other sporting events. First, bettors need to properly analyze the individual pros and cons of using any sportsbook. You should ask critical questions like, “What are the odds available?” and, “How does live-streaming work?”
We’d carefully analyzed all the necessary things that you need to comprehend. If you’re looking for a fantastic event, you should give this a shot. As a punter, you will be thankful to have participated in this deal. This review article will do other things for you, including providing the various Derby Records, the Odds to win the Kentucky Derby, where you can enjoy all of the action, and more. Stay tuned for more information.
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History and Background of Kentucky Derby
This one has one of the most interesting background stories in the gambling industry. Sports fans who love horse racing know one or two about this event. It’s typically held annually in Louisville, Kentucky, United States. It’s known as the “The Most Exciting Two Minutes in Sports.”
However, that name is more prominent in the United States of America. The start of this great activity was in the year 1872. It wasn’t official back then. Besides, it saw many advancements and improvements over the years. Media started to become a thing since the first radio broadcast of the event on May 16, 1925.
About twenty-four years later, the television broadcast was live thanks to WAVE-TV. The company keeps bringing many more eye-catching ideas and making several upgrades. When and where does this sport take place? Please note that the event is annual. In other words, it takes place yearly. The Churchill Downs Store provides a variety of licensed Kentucky Derby.
Kentucky Derby Markets
If you’re a good fan of online gambling, you should know about different markets. For this sport, you can place a straight bet or an exotic one. Each of these different types of wagers has its benefits. The best step to take as a new punter is sticking to one of them. Choose the type of bet that you understand and stick to it. If you don’t know much about the straight bets or exotic bets, you don’t have to worry. We’d dive straight to having the Kentucky Derby bets explained. Here’s what you need to know:
Everyone knows what the straight bets mean. However, it’s okay if you don’t understand what they mean or how to place them. The straight bet is a significant kind of gambling that has been around for several years. It’s a simple and pure form of sports gambling. In horse racing, it’s one of the most famous wagers. So, if you want to bet on a specific horse, you should try out this kind of bet. For most platforms, the lowest accepted bet amount is $2. Here’s what’s even more catchy, the straight bets can be broken down into:
- Win bet
- Place bet
- Show bet
There are other different wagers. However, those above are the three most fundamental types. The win bet focuses on the possibility of a horse finishing first place. As for the place bet, you’d win if your horse finishes in second or third place. Lastly, the show bet is only applicable if your horse finishes in the third, second, or first place. Please note that the “win bet” has the highest payout, while the show bet has the lowest possible payout.
This kind is entirely different from the straight bet. It’s always between two or more horses. Also, it’s generally within a single race or across multiple races. These are a little harder to win than the straight bets. If you’re not familiar with this one, it’s better to stick to the straight wagers. In this wager, you can play several tickets and combinations to heighten your chances of winning. Please note that it also increases the cost. There are two major categories for exotic bets, these are:
- Multi-race exotics
- Single-race exotics
Single race exotics involves gambling on the order of finish of a specific race. Another name for that is the “Vertical exotics.” The multi-race exotics is the most complex of the two different types of exotic wagers.
Best Sportsbooks for Kentucky Derby
Punters need to use the very best platforms to place their wagers. Without these top sites, you may not get your wants. How do you go about getting the best sportsbooks for Kentucky Derby betting? We have made an impressive list of Kentucky Derby betting sites that you need to know. In this section, we’d mention a few points that should give you an idea of what you stand to gain from these platforms. Here are our top picks:
- Nyra Bets
|1.||AMWAGER||Sign up bonus||AMGAMBLER||100% match up to $100|
|2.||NYRA BETS||Sign up bonus||DERBY25||Free $25 play plus up to $200 deposit match up|
|3.||TVG||Risk-Free Bet||RISKFREE||$200 Risk-Free Bonus bet|
|4.||TWINSPIRES||Sign up bonus||N/A||100% sign up offer min deposit of $100|
|5.||XPRESSBET||Sign up bonus||SPORTOFKINGS||Free $10 + up to $500|
|6.||123BET||Deposit bonus||N/A||25% bonus for a minimum of $50 deposit|
|7.||4NJBETS||First deposit bonus||TVGMAX||$200 refund on losing first bets|
Odds to Win Kentucky Derby
All punters need proper analysis to get the best Kentucky Derby odds. However, the good thing is you can get several betting opportunities in this review. Several horse-players, the public, and most bettors search for these top odds. Ever heard of the Morning Line odds? It helps give Kentucky Derby runners a higher edge over others in the industry. What are the basic odds that you can easily comprehend? According to CBS SPORTS, the table below shows the odds you should maximize to the highest level:
|1.||Tiz the Law||4 – 5|
|2.||Art Collector||9 – 2|
|3.||Honor A.P.||7 – 1|
|4.||Authentic||10 – 1|
|5.||Thousand Words||12 – 1|
|6.||King Guillermo||24 – 1|
|7.||Enforceable||28 – 1|
|8.||Ny Traffic||30 – 1|
|9.||Max Player||40 – 1|
|10.||Sole Volante||50 – 1|
|11.||Storm the Court||60 – 1|
|12.||Attachment Rate||65 – 1|
|13.||Major Fed||75 – 1|
|14.||Shirl’s Speight||100 – 1|
|15.||Finnick the Fierce||125 – 1|
|16.||Necker Island||150 – 1|
|17.||Rushie||150 – 1|
|18||Winning Impression||150 – 1|
Best Trainers and Horses of Kentucky Derby
Since you’re placing real money wagers, you may need more information about the entire event. Before punters make virtual Kentucky Derby betting moves, a few things need to be in place. One of those things that bettors need to understand is the trainer involved and the horse as well. Starting with the best trainers, here’s a list of them (in no particular rank):
- Graham Motion
- Ben Jones
- Charlie Whittingham
- Nick Zito
- Bob Baffert
- Wayne Lukas
All of these trainers have made the best wins in the history of Kentucky Derby betting markets. Another vital factor is the available horses. It’s safer to bet on horses that will guarantee your victory. Here are ten best horses in Kentucky Derby according to their ranks:
- Tiz the Law
- Art Collector
- Honor A.P
- Ny Traffic
- King Guillermo
- Thousand Words
- Max Player
- Major Fed
One of the fastest ever wins was by Secretariat. However, this was as far back as 1973. The horse broke the preset record and set a new one. Ever since then, that record has never been topped. He remains one of the fastest Kentucky Derby horses since 1973.
Kentucky Derby Records
In your quest for placing the right kind of wager, you must consider the Kentucky Derby records and know how to bet on individual horse races. If we give a full breakdown, you may be unable to read through each detail and thoroughly understand them. Counting from 1875 down to 2019, there have been 144 winners of this horse racing event. However, we would make a list of the winners for the past ten years (2009 – 2019). Here’s the table showing the detailed analysis:
|2012||I’ll Have Another||2:01.83|
|2009||Mine That Bird||2:02.66|
Here are the standard Kentucky Derby milestones/top records:
- Speed: 1:59.4 – Secretariat (1973)
- Most wins by a horse trainer: Ben A. Jones (1938, 1941. 1944, 1948, 1949, and 1952)
- Longest odds to win: 91 – 1 (Donerail)
- The margin of victory: 8 lengths – Old Rosebud (1914), Johnstown (1939), Whirlaway (1941), and Assault (1946).
- Most wins by a jockey: Eddie Arcaro (1938, 1941, 1945, 1948, 1952) and Bill Hartack (1957, 1960, 1962, 1964, 1969)
Kentucky Derby and Bookmakers Sponsorship Deals
This event seems to be breaking bars and limitations in terms of sponsorship. Bookmakers look forward to a partnership to gain recognition in the market. There will be high levels of expectations currently on the bookmakers. They are expected to provide a higher payout compared to others in the industry.
We know that many states in the United States of America do not allow online gambling at all. Due to this, there are low levels of sponsorship deals and events for gambling companies. Most of the sponsors or partners of this horse racing event are primarily non-gambling companies. In the meantime, the primary sponsor of this race is Woodford Reserve. A little flexibility in the laws can allow for more sponsorship deals from actual bookmakers.
Kentucky Derby Helpful Tips to Win
Having a difficult time placing bets? Online gambling can be tricky. However, it doesn’t have to be hard. Horse racing events like the Kentucky Derby are easy to analyze and utilize. Although punters need to follow specific helpful tips. Please note that different things work for several people. So, these tips only serve as a guide to helping you make the most wins:
- Enjoy placing wagers on Horse Racing: Above all odds, it’s essential that you’re not gambling out of pressure. Have fun understanding the game, get comfortable betting, and winnings may come easy.
- Analyze Horse performances: Winning a bet is way beyond luck. There’s a logical system that works. Take some time out to check out individual horse performances. If you see a horse that seems to have higher chances of winning a straight or exotic bet, go for it.
- Bet on Favorite Horses: You may have heard that gambling on favorites is not the best move. However, sometimes it pays off. Horse racing works differently from other types of sports. Punters need to follow the rules that can guarantee a win.
- Box up your bets: This principle is quite simple. While gambling, you may be confident that your horse may win the top two or three spots. When you box up your bets, you’re claiming that these horses will win. It gives a high payout.
- Exacta Gambling: If you’re familiar with horse race gambling, you should understand exacta wagering. It’s a type of exotic bet that works differently from the regular straight bets. All you need to do is pick the top two finishers of the race. This bet also gives a high payout.
Watching the Kentucky Derby Live
Punters shouldn’t miss out on all the action. Horse racing only lasts a few minutes but has magnificent effects on bet slips. Hence, you want to follow through everything that happens during the game. The good news is that you can watch the Kentucky Derby live and direct. The question is, “Where can you watch the Kentucky Derby live?”
Kentucky Derby 2020 seems to be knocking on the door, and everyone wants a taste of the action for in-play horse betting purposes. There are no horse betting apps for streaming this fantastic sport. However, several networks will be providing streaming services for punters and others who want to bet on Kentucky Derby horses. Here are the few services that will broadcast the live feed:
- NBC Sports App
- NBC Sports Live website
- Twinspires (Where punters place horse betting odds)
Latest News Revolving Around the Kentucky Derby
There are so many things happening in the sports gambling industry that requires us to stay in touch. One of the significant world events that brought a change to sports and horse racing was the global pandemic. The good news is that we don’t have to stay restricted due to the coronavirus.
There are other ways to maneuver around these things and enjoy the goodness of good sports. We hear that the Kentucky Derby 2020 has been postponed. The date for the event was initially set to be May 2, 2020. However, due to the coronavirus pandemic, the date had to be shifted. Now, you can enjoy all the action on September 5, 2020. Several platforms will be showing the live stream, especially NBC Sports. So, you don’t have to leave the comfort of your home.
Overall, the Kentucky Derby remains one of the most reputable Horse racing events in the United States of America. Asides for gambling purposes, several punters love the sport for the entertainment it provides. It’s one of the oldest activities in the US, and it has had its ups and downs along the way. In this write-up, we looked at some of the Kentucky betting strategy types. The most accessible and most famous betting type is the straight bet.
It’s simple and straightforward. Straight bets revolve around the wins. The safest thing to do as a bettor is to stick to the type you understand. Exotic bets can be a little complicated and hard to decode for new punters. One of the top things you need to do is a “betting sites review.” Doing that will help you know which of the sites you can trust for amazing bonuses and promo codes. This article carefully analyzed some sports betting sites and explained the perks and what they entail.
Is it legal to bet on the Kentucky Derby online in the US?
- Gambling on the Kentucky Derby is legal in most of the United States. Punters can wager on "horse future markets" and get high returns. However, you may need to use an offshore site.
When does the Kentucky Derby start?
- The Kentucky Derby is an annual horse racing event. The 2020 version of this sport begins on September 5, 2020, at 2:30 pm ET.
What is the minimum bet at the Kentucky Derby?
- Many punters from all parts of the United States love this sporting event. The good thing is that it costs as low as $2 for the minimum bet amount.
Has a female horse ever won the Kentucky Derby?
- Most of the horses that win the Kentucky Derby are typically males. However, female horses like Genuine Risk, Regret, and Winning Colors won their races in the 90s.
What horse was put down at the Kentucky Derby?
- The Horse Barbaro was put down at one of the Kentucky Derby annual events. Moreover, his legs were shattered in the Preakness Stakes. He was euthanized in 2007.
What is the best site to place a bet on the Derby?
- Different platforms offer "betting on horse online." However, the best Kentucky betting sites have impressive deals for punters. Examples of some of them are Amwager, Nyra Bets, and Twinspires.