The 148th edition of kentucky derby it’s Saturday, May 7 on NBC, and the official start time is 6:57 p.m. ET.
By now you know the pageantry associated with the Kentucky Derby, aka The Derby, and have your Mint Julep recipe down to a science and showy hat edge ready.
Even so, you might be new to Derby betting and confused by the terms. What is a superfecta? Why do I want my horse to stand? Isn’t it already there? And what, exactly, is a exactly?
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Betting on the Kentucky Derby
Since May 4, it’s been a field of 20 horses. Finished 150 million dollars are won on betting on the Kentucky Derby…that’s right, won. You don’t need to be in Louisville bet on the Derby. You can bet the Kentucky Derby online using apps like TVG.
It would be helpful to know a few things about how to bet on the Kentucky Derby and what to look for.
Horse racing betting can be classified into two categories: Standard and exotic. These are exactly what they sound like.
Standard bets are bets on a horse. You like Epicenter winning the Derby on Saturday (he’s a favourite). You put your money on it to win.
That’s why it’s called a “To win“Bet.
You kinda like Epicenter but you’re not sure he’ll win. So you cover yourself. You think he can finish first or second, so you bet Epicenter for “Place.”
You win your Place bet if Epicenter finishes first or second. Of course, your payout is smaller than if you had just picked it to win.
Let’s say you like Epicenter but also think Zandon (another favorite) can win. You can bet Epicenter”Show.” This means you expect Epicenter to show up, which means it will finish first, second, or third. Again, this is a smaller payout than if you bet on Epicenter to win or place.
Play an exotic bet in the Kentucky Derby
Now, let’s get a little wild. Exotic Paris means you bet on the finish order within a particular race. With each additional end position you bet on, the difficulty increases and so does your potential win.
The “Exact” means that you have chosen exactly the the first two In the race. Again, let’s go with Epicenter to win and Zandon to finish second.
However, if you are not 100% sure of this exact command, you can “box” your exact. If you box your exacta, you still win if you choose the right two horses.
But why stop at the first two?
The “Trifecta” means you choose the three best horses in good order. Again, you also have the option to frame this selection. The minimum bet here can be as low as 50 cents.
How about the “Superfecta”? (I don’t know why they didn’t just call it the Quadfecta, but whatever.) Now you select the the four first in the Derby.
There is even the Super Hi-Five, which are the first five. Lots of tracks roll around on it, like a slot machine jackpot, until someone hits it.
Derby Odds (listed by position)
- Mo Donegal 10-1
- Merry Jack 30-1
- Epicenter 7-2
- Summer is tomorrow 30-1
- Happy smile 20-1
- Messier 8-1
- Crown Pride 20-1
- Charge it 20-1
- Tiz the bomb 30-1
- Zandon 3-1
- Medina Pioneer 30-1
- Taiba 12-1
- Simplified 20-1
- Barber’s Path 30-1
- Abarrio white 10-1
- Cyberknife 20-1
- Classic pavement 30-1
- Porto Tawny 30-1
- Zozos 20-1
- Ethereal Road 30-1
What should I look for before placing my Kentucky Derby bet?
Note a few things right away. The Kentucky Derby distance is a thousand and quarter. Few, if any, of these horses have ever raced in a race this long before. Most pre-Derby prep races are a mile and an eighth.
So there is always the unknown factor of how a horse will react at a longer distance. The horses don’t know they signed up for it.
Watch how horses around 13 and older in post positions have higher odds. Why? Because they leave from out on the track, and therefore have a longer course and have to cross a lot of horses to get to the finish line. Rare is the horse race that does not end with the winner on or near the rail.
Some of these horses have never won a race before. Is it important? Perhaps. Some ran against and beat the other horses before. Is it important? Perhaps.
You can take a flyer on a longshot (Tiz the Bomb would be my longshot pick), pick a horse with a cute name, like Smile Happy, or have an in-depth knowledge of Epicenter’s Sunday morning training schedules (he has traveled five stadia in 1:01).
The goal is to have fun and enjoy the race. Go easy on the simple syrup.