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Kentucky derby betting 101

kentucky derby betting 101

Win: Bet on the horse you think you will win the Kentucky Derby. · Place: This bet gets you a return if your selection finishes first or second. Kentucky Derby Party Printable Betting Games Instant Download for you to print for your home or office party! Just purchase, and you'll be able to download. Horse racing uses a pari-mutuel betting system, where bets are placed in pools and bettors are wagering against one another. After the race is finished, the. NINJATRADER RANGE CHARTS FOREX

Kentucky Derby Exotic Wagers Exotic bets are popular with horse bettors, as they offer bigger payouts than straight bets. Essentially, any bet on multiple horses is considered an exotic wager, and there are many different bets to cover the multitude of winning combinations.

Kentucky Derby Exacta Betting Explained An exacta bet is a wager on the first and second-place finishers of a race. You must accurately predict the victor and the runner up; if the horses finish in opposite positions, the bet is lost. Kentucky Derby Trifecta Betting Explained A trifecta bet requires an accurate prediction of the first-place, second-place and third-place finishers, and they must finish in the correct order.

Kentucky Derby Superfecta Betting Explained For more risk and reward, you can attempt to predict the top four finishers of the Kentucky Derby through a superfecta bet. For it to pay out, you need to guess the right order of the winner, second-place, third-place and fourth-place finisher. Had you simply picked Lookin at Lee and Always Dreaming in a quinella bet for the Kentucky Derby, you would have won regardless of which horse finished first and which finished second.

To cover all your bases with a race, you may want to box your wager. A boxed wager is a bet on every combination of possible outcomes with the horses you select. Go against the flow in multi-race wagers Not keen on betting an overwhelming favorite to win?

Yes, unless the heavy favorite is actually vulnerable to an upset. Big favorites are often bet even more heavily in multi-race wagers than in the win pool, so if they lose, the payoffs can be astronomical. Identify races ripe for upsets When is the right time to look for longshots?

Start by gauging the strength of the favorites. A race with three top-tier runners who tower above their opposition is unlikely to produce a longshot winner—one favorite might misfire, or maybe even two, but the odds of all three backfiring are slim. In contrast, a race where the favorites seem just barely faster than their longshot rivals is ripe for an upset.

Play your strong suits, but work on your weaknesses Some bettors are equally adept at playing all types of races, but others are more comfortable focusing on specific areas where they excel. You might find dirt races easier to analyze than turf races. If you know your strong suits, you can focus on playing races where you have the most knowledge and increase your likelihood of making a profit.

If you find yourself struggling to accurately handicap certain types of races, study them without the pressure of betting. Read books and online articles to learn other handicapping ideas and methods. If any given winner leaves you scratching your head, review the past performances to see what you missed.

With enough time and effort, you can develop your weaknesses into strengths.

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Payoffs are usually smaller than those generated by win or place bets. You win the wager if your horse finishes first, second, or third. A show wager will yield the lowest payoff but offers the greatest chance of winning.

Exotic Wagers Exotic wagers involve betting on two or more horses, either within a single race or across multiple races. You can play multiple tickets and combinations to increase your chances of winning, though this also increases the cost.

With each extra finishing position you attempt to select, the difficulty increases, but so too does the potential payoff. Exacta Bet One of the oldest exotic wagers, the exacta requires you to select the top two finishers in the correct order. If you've mastered the art of win, place and show wagers, try an exacta. An exacta is more difficult than win, place and show wagers, but yields a higher payout.

You bet an exacta by selecting a minimum two horses to finish first and second. These horses must finish first and second, in that order, for you to win the wager. If picking two horses in order sounds too difficult, you can "box" your wager. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win.

Trifecta Bet The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. The minimum bet amount is often 50 cents. If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets.

Download App If you are new to horse racing or just need a refresher on how things work with the ponies, no worries. We have a basic glossary of terms below to help you bet the ponies as we get ready for the th running of the Kentucky Derby on Saturday at Churchill Downs in Louisville, Ky. You could also go to any race track and bet on the Derby prep races — or any race around the country for that matter.

And in some states, there are select bars with betting kiosks. Easy enough, right? To Place: A bet on a particular horse to finish second. To Show: A wager on a particular horse to finish third. Win, Place, Show: A bet on a particular horse to win, place finish second or show finish third. In other words, if the horse you bet on finishes first, second or third you win.

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