Sports Betting Kentucky Derby
There is no more popular or anticipated horse race in the world than the Kentucky Derby. As the first leg of the vaunted American Triple Crown of Thoroughbred racing, the Derby – and Derby betting odds – are always hugely popular in the mainstream sports media and at sports betting sites everywhere. Kentucky Derby Betting What is Kentucky derby? The Kentucky Derby is a competitive race for three-year-old Thoroughbred horses and is part of the Triple Crown. 20 horses compete for prize money on a 2.01 km (1.25 miles) dirt track.Geldings and colts are required to carry 57 kg (126lb) and fillies 55 kg (121lb) while running the race. Kentucky Derby Betting Online. With $165,500,000 wagered on the Kentucky Derby last year, it remains a hugely popular betting event. Gambling is only legalized in certain states in the USA, however US bettors can enjoy online Derby betting in.
- Online Betting Kentucky Derby
- Kentucky Derby Betting Guide
- Kentucky Sports Betting News
- Kentucky Derby Betting Picks
- How To Bet Kentucky Derby
Legal Kentucky Derby betting has long served to be the most high-stakes event for horse racing fans and pari-mutuel bettors across the world. Legendary horses have participated in this event and the potential profitability of this race alone attracts bettors who wouldn’t normally tune in to watch the ponies. Even though legalized sports betting has begun to spread across the country, gambling on horses has stood the test of time, with many states hosting their own racetracks with simulcast wagering opportunities for their guests. However, most of these tracks require you to attend them in order to bet on the race, and booking a trip to Churchill Downs to watch the event in Kentucky may prove to be too costly.
The Triple Crown of horseracing is here – the 145th running of the Kentucky Derby is this Saturday, May 4th at approximately 6:30pm (ET). If you are new to betting horses or unsure of how to make a horse wager in the SportsBetting.ag Racebook, simply follow these easy steps. The Kentucky Derby, otherwise known as the “The Most Exciting Two Minutes in Sports” is America’s favorite horse race. As the first leg of the American Triple Crown, the Derby has a distinction of being the only one of the major races to never be interrupted since its inception.
Thankfully, betting on this leg of the Triple Crown online provides a safe and legal way to still be a part of the action. Online racebooks will keep up with all of the latest odds and offer wagering types such as straight bets and will even offer exotic bets such as perfectas, trifectas, and superfectas. While many of the best online racebooks operate outside of the US, there are also horse race betting websites that operate domestically as well, giving bettors a plethora of options for legal Kentucky Derby betting. We’ll go over the legality of betting on this race, as well as discuss what the current odds for the 2021 Kentucky Derby are and explain what each major wagering type means.
Date: Saturday, May 1, 2021
Post Time:6:50pm EST
Purse:$3,000,0001st place: $1.86M
Favorite: Unknown
Online Betting Kentucky Derby
Betting On The Kentucky Derby
Betting on the Kentucky Derby has a long and storied tradition. Founded by Colonel Meriwether Lewis Clark Jr., grandson of William Clark of the famous Lewis and Clark Expedition, the race has been held on the first Saturday of May since the year 1875. It is the first leg of what’s known as the Triple Crown. The other two races as part of the Triple Crown are the Preakness and Belmont Stakes, however, the Kentucky Derby usually boasts the highest attendance every year. And while the event is kicked-off with the Kentucky Derby festival which lasts two weeks, the race itself tends to last only two minutes. Most people who attend are betting on the Kentucky Derby through either a straight bet or an exotic bet, both of which can pay out in high amounts. To add to this, in order to join these bettors, you don’t have to wager that much and you don’t have to be that old. Wagers can be made for as little as one dollar through online offshore racebooks, and the legal age to bet on horses in most states is only 18.
Is It Legal To Bet On The Kentucky Derby?
Yes, and depending on where you live, the avenues to legal Kentucky Derby betting may differ. For states with horse wagering officially on the books, most residents will have to go to their local horse racing track where they will provide simulcast racing betting. There are also states that will permit you to use online racebooks that operate from within the US. However, there are certain states such as that have neither of these two options. That doesn’t mean that residents of those states don’t like to bet on the ponies. If you happen to fall in that predicament you should know that there is one avenue you can take that is legal across the US and that is to simply use an online offshore betting site. These websites fall outside of both state and federal jurisdiction and offer all the latest odds for horse races year-round. These are by far the safest option for placing a wager on the Kentucky Derby if you are not sure of your state’s horse racing laws.
Current Odds For The 202 Kentucky Derby
The 146th running of the 2020 Kentucky Derby happened very late in 2020 due to COVID-19 related delays. The Derby took place in Louisville, Kentucky at Churchill Downs though for the first time in the history of the race, it took place in September. The Derby is normally the first race of the Triple Crown but in 2020, it was the second leg. It also happened over two months after the first leg, the Belmont Stakes. The pre-race odds are preserved on this page – they favored Tiz The Law, the Belmont winner, who was upset by Authentic. The 2021 Derby will be held on May 1st and will be available on all of the legal online sportsbooks.
How Will Coronavirus Affect The 2021 Kentucky Derby?
After a recent rash of event delays, suspensions and cancellations, many people are concerned about the future of the 2020 Kentucky Derby. The good news for fans is that the Kentucky Derby is not scheduled until May. Most organizing bodies seem to be estimating a return to competition in early-to-mid April, so there is a good chance that the Derby will be unaffected by the outbreak. Still, be sure to monitor national news updates because the situation is fluid and changes by the hour.
2021 Kentucky Derby Props
2021 Kentucky Derby prop betting is a little different than betting on the race. Prop bets involve the sportsbook making predictions on certain actions happening at the Kentucky Derby. An example of a prop bet could be who will the winner thank first after the race? Props could be the horse for +115, God +365, or anyone else. There are also prop bets on celebrities attending the race. If a racebook has will Kanye West attend the Kentucky Derby? You can bet on that action. Prop bets are designed to bring in a little extra fun to betting on the races. We definitely recommend you give them a try.
How Will Coronavirus Affect The 2021 Kentucky Derby?
After a recent rash of event delays, suspensions, and cancellations, many people are concerned about the future of the 2021 Kentucky Derby. The good news for fans is that the Kentucky Derby is not scheduled until May. Most organizing bodies seem to be estimating a return to competition in early-to-mid April, so there is a good chance that the Derby will be unaffected by the outbreak. Still, be sure to monitor national news updates because the situation is fluid and changes by the hour.
Kentucky Derby Horse Bet Types
While many people who plan on tuning into the race this year are familiar with how the different wagering types work, first-time viewers may get confused on how to bet on the 2021 Kentucky Derby. This is why we’ve broken down the most popular forms of pari-mutuel wagers below into either straight bets or exotic bets. These Kentucky Derby Horse bet types will be available whether you’re at Churchill Downs watching the ponies live or using a third-party betting service.
Kentucky Derby Betting Guide
Straight bets
Win – This is arguably the simplest type of bet. You’re simply selecting which horse will finish in first place. These will pay the highest amount of all the different straight bets.
Place – If the horse you choose finishes in either first place or second place you’d be able to cash in on this bet.
Show – If you choose a horse and it finished in either first, second, or third, you’d have a winning bet. Because this type of bet is easier to hit then the other straight bets, the payouts will be lower.
Across The Board – This is a bit of a combination of all three straight bets. With a bet across the board, if the horse you choose finishes in first then you win all three bets. If your horse gets second place then you’ll win on both the place and show bet. And if your horse gets in third place then you’ll simply win the show bet.
Exotics
Exacta – In this case, you will be betting on two horses within a single race. If they place in first an second in the exact order you chose them then you’ll win the bet.
Trifecta – This is very similar to the exacta bet except with this you would have to bet on three horses and they would have to place first, second, and third in exact order.
Superfecta – This is only adding to the previous two exotic bets. You’d have to pick four horses and they would have to place first, second, third, and fourth in exact order. This is one of the most profitable wagering types.
Pick 3 – This is simply an addition to the daily double. If you choose a horse and they finish first on three consecutive races then you’d win the bet. You’d have to place the bet before the first race.
2021 Kentucky Derby Post Time
Kentucky Sports Betting News
While there are 14 races scheduled at Churchill Downs on Derby Day, the most important race is obviously the Kentucky Derby itself. At the moment of this writing, it is a bit too early to know when post time is going to be for the 2021 Kentucky Derby. But because this is such a historical race, we can look at how things were last year and figure out the times. On Saturday, the first race of the day will be from around 10 am to 11 pm. This is the first race of the day and races start early. The following races commencing just about every half-hour after that. The Kentucky Derby will be the 12th race run, and the horses will be in their paddocks and ready to go somewhere between 6:30 pm and 7:30 pm. Make sure your wagers are in before that, of course, as there’s no live betting on the Derby, and the whole amazing thing will be over in about two minutes.
2021 Kentucky Derby Purse
Kentucky Derby Betting Picks
Although the 2021 Kentucky Derby purse can change, we know what the purse is right now. The purse at the time of this writing is $2 million. However, there is a slight chance that the purse can increase. During the 2020 Kentucky Derby, the purse was $3 million. If Churchill Downs has good business before the 2021 Kentucky Derby, the purse could potentially grow to $3 million or maybe even more. For now, the purse is set to $2 million which has been the traditional purse size within the last decade.
Past Kentucky Derby Winners
How To Bet Kentucky Derby
Past Kentucky Derby winners ultimately cement their name into the history of the sport. After their career is over, they are highly sought out for breeding because of their championship pedigree. During the 1970s there were three horses that won the Kentucky Derby and then ultimately went on to win the Triple crown including Affirmed in 1978, Seattle Slew in 1977, and the famous Secretariat in 1973. Over 35 years had to pass before American Pharaoh was able to achieve that same success in 2015. And even more recently, last year saw the likes of Justify, who was able to complete the Kentucky Derby in two minutes and four seconds before going on to win the next two legs of the Triple Crown. During the 2019 Kentucky Derby, many controversies and horse scratches made it impossible for a Triple Crown winner to happen. The 2020 race was eventually won by Authentic. Horse fans are hoping that the 2021 Kentucky Derby will give horse racing a clean slate and help us get another potential Triple Crown winner.