• The Kentucky Derby is the biggest horse race of the year in North America and one of the biggest in the world. In some parts of the United States, the Kentucky Derby is treated almost like a holiday complete with people taking off work, hosting watch parties and (of course) betting on who will win it this year.
• The 2019 Kentucky Derby is just around the corner, but you can get started betting long before the gates open at Churchill Downs. With this guide and the above video, we’ll be helping you figure out where to bet, how to bet, and what to bet on for the Kentucky Derby.

After the Belmont Stakes concluded last June 20, all eyes are now turned to the Kentucky Derby. This year, it will serve as the second component of the U.S. Triple Crown Series, which will take place at Churchill Downs on September 5, 2020. The Kentucky Derby this year will celebrate it’s 146th renewal and holds a $3 million purse prize.

Betting on sports is illegal in most of the United States. Horse racing is an exception - and the biggest race is Saturday. The Kentucky Derby drew $124 million in legal wagers last year. I’ve been betting the Derby online for a number of years now and am here to walk you through how to bet on the races online step-by-step Step By Step Kentucky Derby Betting #1 – You need to pick your online sports betting site. I’ve heavily promoted (and chosen for myself) SportsInteraction.com because they are a North American. Churchill Downs, the racetrack that hosts the Kentucky Derby, also owns an online gambling company called Twinspires that will let you bet on this weekend’s race. Although betting is technically.

Aside from the Belmont finishers who will vie for the Kentucky Derby title, the fans are also excited for the betting games. Do know that the Derby, usually referred to as the Run For The Roses, is one of the horse racing shows that offers high-paying wagering games. Hence, bettors are always looking forward to betting on the best racehorses on the field during this iconic race.

Unlike the previous years, the Kentucky Derby betting this year will be done online, as we are expecting a fanless Derby field to contain the COVID-19 pandemic. While taking the time to find the best racehorses to gamble on the Run For The Roses, you must also know how to wager like an expert. Below are the things you need to know about when betting for the 2020 Kentucky Derby.

Types Of Kentucky Derby Bets

Like the Belmont Stakes and other horse racing events, there’s a massive number of betting categories you can play in the Kentucky Derby. For newbies, you can gamble on easier brackets so you won’t have to throw a large amount. But if you’re a pro bettor, consider taking on the riskier bets to earn more.

Easy Or Straight Bets

The straight bets are the most played Derby betting games in all sportsbooks. You don’t need optimum betting prowess when participating as you only have to pick the right horses to win. Aside from that, it also asks you to pay a lesser amount, which extends your bet choices.

• Win – it is the most straightforward betting game as you only have to pick which horse will likely win the Kentucky Derby. You can refer to the Belmont Stakes top finishers as they might have higher chances of winning the Derby at the same time.

• Place – if you are torn between two racehorses who might win the Kentucky Derby, you can wager in this category. It allows you to name the two strongest racehorses on the field that can either win the Derby and place second, in any order.

• Show – this is the safest betting category you can gamble. You won’t be hindered by picking just one or two horses that can finish significantly in the Derby. To win, you must name three racehorses that can snag the titles first and second-runner, respectively, in no specific order.

Challenging Or Exotic Bets

This Derby betting game is for those horse racing aficionados who’d like to take a higher risk when wagering. The prizes are huge, and once you hit the bullseye, it can help you grow your bankroll in no time. Here are the exotic bets you can play (and maybe win) in the upcoming Run For The Roses.

• Exacta – it’s true that the Derby is featuring the best horses in the field, and many deserve to win the title. In this category, you can name two colts that can end up as the Kentucky Derby winner and the first-runner up correctly.

• Trifecta – if you are convinced that there are more than two horses that deserve to win, you can wager for the Trifecta bets. In this category, you can pick three racehorses that can win the titles first-runner up and second-runner up in the exact order.

• Superfecta – if you are willing to lay all your betting funds and be confident about your entries, you can risk the Superfecta bets. It is the most difficult Derby betting game but provides you the biggest payout. You only need to pick four racehorses who can clinch the Derby titles first, second, and third-runner in the right and correct order.

How To Place Your Derby Bets Online

As stated, the Kentucky Derby betting games are processed online to follow the strict home quarantine rules set by the state. To place your bets online, you need to find and register a trusted online sportsbook that offers Kentucky Derby betting games.

After that, make sure to update yourself with the racehorses’ odds value each week until the Kentucky Derby finally settles who the best horses are on the field. Additionally, online bookies offer promotions for some bets you make, so don’t hesitate to take advantage of it to increase your winnings.

Takeaway

With the major schedule changes happening this year for the Triple Crown Series and the Derby settling in September, bettors have a lot of time to pick the best entries to wager. Aside from that, the Belmont Stakes has settled, and winners are a sure candidate for the Kentucky Derby. Therefore, be sure to get guided on how you can bet on the Derby online so you can win a significant amount.

The Kentucky Derby is the biggest horse race of the year in North America and one of the biggest in the world. In some parts of the United States, the Kentucky Derby is treated almost like a holiday complete with people taking off work, hosting watch parties and (of course) betting on who will win it this year.

Betting and horse racing are intimately intertwined, and the Kentucky Derby is one of the most extreme examples of this. Last year, the Kentucky Derby attracted nearly $140 million in total wagers from legal, trackable sources just in the USA.

Best Betting Sites for the 2018 Kentucky Derby

Those lucky enough to attend the 2018 Kentucky Derby in person are far from the only people who will be betting on the race this year. No matter where you live, there is a way to bet on the Kentucky Derby. Whether you live in the United States or anywhere else in the world, you can bet on the Kentucky Derby online and watch this year’s race with something on the line.

The best website to bet on the Kentucky Derby is different if you live in the United States versus anywhere else in the world, so we’ll tackle this subject in two stages. Let’s begin with our horse racing fans in the USA.

If you live anywhere else, click here to skip down to the relevant portion of today’s post.

Best USA Betting Sites for the Kentucky Derby

Horse racing betting is one of the few forms of online gaming in the USA where is no legal grey area. Licensed betting sites such as BetAmerica and TwinSpires comply with all federal and state laws so there is no question regarding their legality.

Betting with Legal US Racebooks

There are three major advantages to betting at a site such as BetAmerica or TwinSpires that is licensed in the USA:

• 100% Legal: Unlike other forms of online betting, horse racing does not operate in murky legal waters. When you bet at a licensed racebook, there are absolutely no questions that it is 100% legal.
• Based in the USA: It’s nice doing business with sites that are based in the USA because you know they must adhere to US law and there is legal recourse if something goes wrong. You also get all the benefits of knowing these sites are regulated and monitored by local licensing authorities.
• Paid at full track odds: One of the best things about betting at licensed US racebooks is that all wagers taken online are pooled with the wagers taken at the track. This creates bigger betting pools and also ensures that you will be paid at full track odds – the same as if you would have placed the bet in-person at the track.
• Easy deposits and withdrawals: Because these sites are legal and licensed, financial firms are not afraid to work with them in order to process transactions for customers. Thus, it is much faster and easier to make deposits and receive withdrawals at US-licensed sites than it is at offshore sportsbooks.

Best Kentucky Derby Betting Sites for Everyone Else

Our readers who live in the rest of the world have many more options as far as choosing where to bet online. Racebets.com, ComeOn, and William Hill are just a few of the many dozens of licensed, reputable and safe betting apps our international readers have at their disposal.

In fact, those are my three top picks for anyone interested in betting on the 2018 Kentucky Derby from anywhere outside the United States. These three sites hold licenses from the demanding UK Gambling Commission but are authorized to take wagers from many other countries as well.

Here’s a quick look at the top 10 as of 29 April:

Racebets.com is also one of my favorites for promotional offerings. If you visit the Racebets.com homepage and then click on “offers,” you’ll see a whole page full of promotions that add a lot of value to your time there. Any time I’m in need of a boost, Racebets.com is the first place I check.

Second Pick: ComeOn.com

How To Bet On The Kentucky Derby Online Shop

ComeOn.com will be covering the Kentucky Derby as well and has already posted early odds on all anticipated runners. The promotional offerings at ComeOn are not quite as numerous as those at Racebets, but ComeOn is still a solid place when it comes to getting extra value for your action.

The latest odds on the top 10 runners at ComeOn.com as of 29 April are:

Third Pick: William Hill

William Hill is just a solid all-around bookmaker whose roots date all the way back to 1934. Very few bookmakers today come even close to William Hill in terms of history and experience. The promotional offering is a little weaker here than at Racebets or ComeOn, but William Hill does still offer a few special promotions for horse racing that you may want to consider.

How To Bet On The Kentucky Derby online, free

Here are the odds on the top 10 Kentucky Derby runners as of 29 April at William Hill: