It's a big suspense to feel like we actually play a part in the Kentucky Derby as a bettor, particularly picking up your bucks after rooting for the triumphant horse. For majority of us, however, it's just impossible to make it to Louisville, so horse betting is the perfect alternative.
Types of Bets
If you're completely new at this whole Kentucky Oaks & Derby fever, there are three kinds of bets you can make, whether online or in person:
This is mostly self-explanatory - in order to to get paid, the horse you bet on has to win.
Winning this bet requires that your selected horse finish in the top 2.
This bet is won with your horse finishing first, second or third.
Payouts and Factors That Affect Them
The payouts you get depend not only on the amount of in the pot, but also on how difficult it is for you to win. Obviously, you receive the most as a Show bettors, and the least as a Win bettors.
More Daring Bets
For a little more spice betting the Kentucky Derby though, try something now. You may particularly like two or more horses but you just can't get yourself to choose. Bet an EXACTA then. 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 unsure that you can predict this correctly, you have the option to box your bet and get a better chance. 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. This requires you to predict which horses will land first, second and third. Finally, you can make a SUPERFECTA bet, where you predict the four horses that will end up in the top four spots by the end of the race. Read more facts about sports betting at https://www.huffingtonpost.com/annie-duke/making-better-predictions_b_11837494.html.
Picking a Bet
If you've always wanted to bet in the Kentucky Derby, it's not necessary to be a professional handicapper. 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. . Keep in mind that this is no more than a game, so don't go overboard. Just enjoy it and make the smartest bets you can based on what you know.