It’s a huge thrill to feel as though we’re really part of the Kentucky Derby as a bettor, especially claiming your cash because you’ve chosen backed the winning horse. For majority of us, however, it’s just impossible to make it to Louisville, so Internet betting is the perfect alternative.
Kinds of Bets
If you’re a Kentucky Derby newbie, you can choose from three types of bets, whether you plan to bet online or on-site:
This is pretty simple – your chosen horse should win before you get paid.
Winning this bet requires that your selected horse finish in the top 2.
This bet calls for your horse to finish in the top 3 for you to win.
What Defines a Payout?
The payouts you receive are dictated not just by how much money is in the pool, but by how hard winning is for you as well. Clearly, the most attractive payouts go to those who made Win bets, while the least are for those who made Show bets.
Raising the Stakes
For a little more spice betting the Kentucky Derby though, try something now. Maybe you are very attracted to more than one horse but can’t select one. If so, go for an EXACTA bet. With this bet, you try to guess which horse will win first and second places, and if you’re correct, the payout will be big. If you’re not certain you can get this right, you can box your bet and increase your odds. You will pay double though, but to win, any of those two horses you chose can finish first or second. If you are confident about making predictions, go for a TRIFECTA bet. With this, you will be guessing which horses are going to finish Number 1, Number 2 and Number 3. Finally, you can go all the way with a SUPERFECTA, which requires forecasting which horses will win first, second, third and fourth.
Selecting a Bet
You need not be a professional handicapper to bet in the Kentucky Derby. But of course, the more you know about the event, the better you can control your game. If you’re a non-professional handicapper looking for big money, don’t get intimidated by those who are placing large bets. . This is a game and you’re not supposed to kill yourself over it. Play with it, and when placing bets, use your knowledge to the best of your ability.