Kentucky Derby Betting How To
The Kentucky Derby is the second largest annual betting event in North America, next to only the Super Bowl. This year the Kentucky Derby will look a little bit different than normal after it was postponed from May 2nd to this Saturday, September 5th. This caused the 2020 Kentucky Derby to be bumped to the second leg of the Triple Crown, with the Belmont Stakes running as the first leg after it kept it’s originally scheduled date of June 20th.
Kentucky Derby betting tips By the time the Derby rolls around, there will be a couple of clear cut favorites, as well as plenty of opinions on how the race will go down. You can just bet on the favorite or rely on. Churchill Downs, Louisville. 2021 Kentucky Derby Odds Horse Racing. Where to bet on the Kentucky Derby. Betting on the KY Derby has never been easier. More than half the states in the US have legal, online pari-mutuel horse wagering options available. One absolute when selecting your Kentucky Derby wagering provider is to make sure it operates on a pari-mutuel construct, like TVG. If it does not, it won’t be linked to the massive money pool that makes betting on the Kentucky Derby.
The Belmont Stakes winner, Tiz the Law, is a big favourite heading into the Kentucky Derby. Tiz the Law followed up his Belmont Stakes win with a convincing victory at the Travers Stakes in August, and he looks to be in peak form heading into the Derby with odds of 1.69 at SportsInteraction.com. Tiz the Law is the only horse in the field who still has a shot at the 2020 Triple Crown thanks to his win at the Belmont.
The Kentucky Derby is always very exciting and heavily bet on, and even with the date change I’m expecting this year to be no different. I’ve added this How To Guide for betting on the Kentucky Derby in Canada because it’s always a popular event and betting on horses is slightly different than betting on regular sports, so I wanted to outline that for new horse racing bettors in Canada.
The Kentucky Derby truly is the most exciting two minutes in sports. If you haven’t placed a Kentucky Derby bet in the past you’re in for a treat watching your horse run for the roses! Just try to stay seated if your pony is in contention coming down the stretch.
Bet On 2020 Kentucky Derby in Canada – Step By Step Guide
#1. Open an Online Betting Account
The first thing you will have to do is open an online betting account. I recommend SportsInteraction.com, our top rated sportsbook for Canadians, for betting on the Derby this year. They are offering a 100% up to $200 bonus for new sign ups and they have a state of the art Racebook that is very easy for new bettors to understand. Here’s a full review.
- Licensed and regulated in Canada
- Easy deposits & withdrawals including Interac
- Competitive betting lines
#2. Deposit
Next up you’ll have to add some funds to your account. I have detailed pages for all of the deposit options offered at Sports Interaction on our deposit options page. And remember that SIA has the 100% up to $200 bonus for new sign ups, so I suggest depositing $200 or more in order to get the full bonus. It’s very easy to clear and I go into details on that here on the SIA review page.
#3. Place Your Kentucky Derby Wagers
Now it’s time to place your Derby bets! First I’ll outline how you can bet on the Derby this week, leading up to the race.
Before Race Day
In the SportsInteraction.com Sportsbook there is a ‘Horse Racing’ tab which you can click, followed by ‘Kentucky Derby’. This will bring up the Kentucky Derby Outright winner odds. These odds are normal sports betting odds (not parimutuel betting odds) so when you place your wager your bet is locked in at those odds. There is also an each-way betting option which allows you to bet on whether the horse will finish in the top 3. You can learn more about each-way bets on our dedicated page here.
On Race Day
On race day (and a few days before) you should go to the Sports Interaction Racebook page. You can find this page by clicking on ‘Racebook’ from the top navigation bar at SportsInteraction.com. Next you should click ‘Churchill Downs’ from the ‘Thoroughbred’ drop down menu. Select race #14 on Sep 05 (post time of 7:01pm EST). You can also find ‘Kentucky Derby’ under the ‘Featured Races’ tab.
The odds you see on the Racebook page can change because the bets are taken under the parimutuel betting system, which means the odds change depending on who bets on which horses after you as well. Learn all about parimutuel betting here.
You will also see that you have the option to place ‘Win, Place or Show‘ bets, as well as exotic bets such as ‘Exacta’, ‘Trifecta’, ‘Superfecta’, ‘Daily Double’, ‘Pick 3’ or ‘Pick 6’ at the Racebook. I explain most of these different horse racing bets on the horse racing betting page, so check that out if you’re new to betting on the sport.
Are you ready to bet? Click here to head to SportsInteraction.com…
I hope this page gives you the confidence to know how to get your Kentucky Derby bets in online this year. To learn more about the race as a whole check out our Derby info page.
Tagged With : Bet On Kentucky Derby • Derby betting • Kentucky Derby betting
Kentucky Derby Betting App
Horse betting online is a great way to find betting lines on horses. Navigating through online horse betting websites can be difficult. Especially if you are an American player. Good thing, the world is morphing into a more online, electronic interface. Making online horse betting easier to navigate.
Betting Online on Horse Races
Horse betting online took rise in the 1980s. Before that horse gambling had to take place on the tracks. As the internet developed, so did online betting horses. Now, almost all major race tracks have their betting platform. Allowing bettors to place live bets from anywhere in the world.
Welcome Bonuses
Because of the variety of betting websites. Serious racebooks will use incentives to catch your attention. These sites won't hesitate to match your first deposit by 50 or 100%. Encouraging you to place better or more bets.
Advantages of betting online
Betting online is a convenient way to bet on horse racing. It can be done anywhere, and at any time. If you schedule doesn't allow you to make a trip to the track, online is perfect.
- Betting online can earn you bonuses and rewards not offered at the race track.
- It gives you the freedom to be more selective on what you bet on.
- It allows you to analyze past performances to select the winner.
Kentucky Derby Bets To Make
What are the best online horse betting sites?
Finding the best horse racing gambling site is a personal choice. Everyone has a different incentives that attract them. Every betting website will offer different bonuses and rewards.
Make sure you bet on the Kentucky Derby. That's because betting on the Kentucky Derby is a great way to get a good return on investment
Here, are the best online horse racing betting sites, based on research:
BovadaIntertopsBetOnlineMyBookieSportsBetting.agSo how do you place bets online?
- Sign up, or log into your favorite site
- Select the race you wish to bet on
- Place your bet. This is where you can choose to do a single wager or an exotic wager
- Pick how much you want to bet
- You'll get a confirmation
- Watch the race.
Is horse race betting Legal in the US?
The the instatement of the Unlawful Internet Gambling Enforcement Act in 2006. It stopped Poker, Casinos and Sportsbooks from accepting US wagers. However, Horse racing betting sites got a carve-out.
They did this by only allowing pari-mutuel pools. This loophole allows any state to place an online horse racing bets
Is US horse betting legal online in my state?
38 states allow bidders to place online bets for horse races. They are:
- Alabama
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Louisana
- Maine
- Maryland
- Massachusetts
- Michigan
- New Jersey
- Minnesota
- Montana
- New Hampshire
- New Mexico
- North Dakota
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Dakota
- Tennessee
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Early Kentucky Derby Betting
Online horse racing betting is a great way to get your bet out there. Allowing even a bettor with a business schedule to place a bet. Doing your research to the find the right website for you. Will help you get the most rewarding experience. Allowing you to thoroughly enjoy betting horse racing as a rewarding past time.