The Kentucky Derby is perhaps the most well-known and significant horse race in the world. The race, limited to three-year-olds, has been run consecutively at Churchill Downs since 1875 and attracts the largest attendance and national television audience of any race run in North America. The Derby is the first leg of the famed American Triple Crown Series and carried a purse of $2 million in 2016.
Kentucky Derby Betting Odds
The Kentucky Derby is always run on the first Saturday in May and is commonly referred to as the “Run for the Roses” and the “Most Exciting Two Minutes in Sports”. There’s simply nothing quite like betting the Kentucky Derby, but the experience gets even better when players hook up with the right online racebook. Not only can players enjoy the ease and convenience of betting from their laptops or mobile devices, but the racebooks below offer generous rebate, bonus and loyalty programs, making it much more possible to profit while enjoying the action.
The Kentucky Derby is one of the most heavily bet sporting events annually in North America. So popular is the race in American culture that scores of individuals who do not follow racing throughout the year, watch and wager on the Kentucky Derby. With 20 horses lining up to contest the Derby each year, there are more betting interests than any other stakes race.
The conventional and exotic betting pools are immense, making the race an excellent opportunity for bettors to profit. The Derby usually signifies the final leg of the Pick 4 and Pick 6 wager which usually results in extraordinary payouts.
A quintessential piece of American culture, the Kentucky Derby transcends the world of horse racing. With celebrities packing the grandstands, Mint Juleps flowing freely among the racegoers, and the best three-year-olds in racing competing for the sport’s top prize, there is no other event that compares to the magnitude of the Kentucky Derby.
Aside from the pageantry, the betting is top-notch. Players can realize outstanding wagering value as the race attracts perhaps the deepest and most competitive field of the year.
Kentucky Derby Outright Odds
|12||My Boy Jack||+3100|
|13||Free Drop Billy||+3300|
As with any wagering venture, it’s imperative to understand the risk/reward proposition involved in making a future bet. On the risk side, a bettor making a Kentucky Derby future wager doesn’t have a complete profile of information. In other words, the bettor doesn’t know what will happen to the horse between the moments he makes the bet and the gates open on the first Saturday in May, and that’s a lenghty interval fraught with variables.
Horses who look dynamic in February and March, may lose their form, get injured, or simply not be as good as originally thought by the time the big race rolls around. It’s also crucial to know that a future wager is a losing bet even if the horse doesn’t even run in the Kentucky Derby for any reason. Then there’s the concept of value.
Considering all the things that could go wrong, a bettor must compare the odds offered on a future wager against the price the horse might conceivably be offered at on Derby Day. Future wagers only make sense if the odds are much higher than what they might be on the day of the race.
Kentucky Derby Betting
Handicapping the Kentucky Derby is a unique challenge. For starters, it is rare when any horse in the field has previously raced at the mile and a quarter distance of the Derby. Because of this, horses with distance-oriented pedigrees become the focus of many horse players.
Of course, this is an inexact science as winners such as California Chrome (2014), Big Brown (2008), and Funny Cide (2003) were all thought to be runners who would be compromised by their modest or sprint-based breeding. The workouts leading up to the Kentucky Derby are often tell-tale signs of a horse’s conditioning and readiness to race. When the workout is conducted over the Churchill Downs dirt, bettors should pay particular attention to reports of how the horse worked and handled the surface. In general, the Derby also comes down to which runner gets the best trip. With a 20-horse stampede in progress, many come-from-behind types of runners get lost in the shuffle.
Of the last five Derby winners, only Orb (2013) closed significant ground in the stretch. The others – Nyquist, American Pharoah, California Chrome and I’ll Have Another – stayed close to the pace before taking over in the final eighth of a mile.
Kentucky Derby Payouts
The Kentucky Derby superfecta can be as elusive as unicorn sightings, but the bet is very capable of offering life-changing money. The object is to pick the top four finishers. This can be done by “boxing” the horses (this means they can finish in any order) or “wheeling” the horses where the bettor must be more precise about the finishing order of their combinations. In 2009, the winning Kentucky Derby superfecta returned over $557,000 for a $2 bet. Of course, this required bettors to have Mine That Bird in the top slot who won the race at odds of greater than 50/1.