If you’re like much of the world, you won’t have the opportunity to visit Louisville, Kentucky, in May just to watch the Kentucky Derby. But you might want to wager on the proceedings, which is why you should be seeking out the top Kentucky Derby betting sites. Once you find one you like, you can do your betting with convenience and ease.

Online gambling continues to grow at a ridiculous pace. People realize that it’s convenient to play their favorite casino games or bet on their favorite sports. Instead of going to a physical casino or sportsbook, they can do everything right on the electronic device of their choice.

Horse racing has become a big part of this equation. Whereas the legality of betting on team sports is somewhat spotty from region to region, horse racing is generally legal in just about any jurisdiction you can name. As a result, betting sites which take action on the biggest horse races are quite popular.

The best legal Kentucky Derby betting sites can be found right here, on this page. Below, we’ve found four top-notch racebooks that provide American bettors with a convenient alternative to land-based sports betting. If you live in a state that doesn’t have an OTB shop or racetrack for you to bet at, now all you need to do is log on to a. There was over $250.9 Million wagered via Kentucky Derby online betting on the day of the race for the Kentucky Oaks meeting, with the Derby pulling in a massive $165.5 million. The whole meeting is said to reach over $343 million in wagers in the US alone. Country House qualified for the race via the Road to the Kentucky Derby.

And hardly any race in the world is more popular than the Kentucky Derby. It has become more than a race. For many people, it’s a cultural event, a sign of spring, and the one-horse race that they watch all year long.

More than all that, it’s a chance to do some wagering. And that’s where the necessity of finding a quality Kentucky Derby betting site comes into play. You’re going to want your wager professionally handled and your gambling needs met in every possible way.

The tricky thing is that there has been such a boom in online gambling that it’s difficult to tell which Kentucky Derby betting sites are legit and which are fly-by-night or, even worse, deceitful organizations. That’s why you have to know how to navigate these waters, and we’re here to help you out.

On this page, we’ll explore the best Kentucky Derby betting sites and what makes them so beneficial to bettors. We’ll also talk about how you can find a site on your own if you choose to do so. Finally, we’ll look at why the Kentucky Derby is so popular with bettors and give you some tips on making your choices.

The Best Kentucky Derby Betting Sites

The websites listed above are a great place to start when it comes to Kentucky Derby betting sites. All have been held to our standards and either meet or surpass those standards in all cases. Each site might have specific strengths and weaknesses, but they all can be considered reliable and trustworthy.

You might wonder what it is about certain Kentucky Derby betting sites that separates them from others. Here are some of the qualities that we seek out.

Dependability

It’s crucial when you go onto a Kentucky Derby betting site that you can trust your money with them. This seems like a basic principle, but you’d be surprised how many people, in a rush to make their bets, will skip even this most basic of standards. They often regret it after the fact.

You can find many sites that will take your money, no questions asked. But will they return it to you with all the winnings you might have amassed? There a lot of unscrupulous characters out there trying to bilk people out of their money, especially in the online gambling world where much of it is unregulated.

In fact, events like the Kentucky Derby will draw in a lot of these nefarious, money-stealing types because of how popular they are. That means you have to be extra careful when choosing your Kentucky Derby betting sites. Beware of lofty promises. Our selected sites are all extremely dependable, and that’s far more important.

Establishment

By establishment, we mean that these Kentucky Derby betting sites have been up and running for quite some time. Many entrepreneurial types see an online gambling site as a way to build a business. They might even have the best of intentions in terms of how they plan to deal with their customers.

The problem is that sites need to have the proper amount of capital behind them to guarantee that you’ll get paid when you win. And for many newer sites, that just isn’t the case. As a result, you could find yourself coming up empty when you win if you frequent such a site.

You’re better off with sites that have a long, solid track record behind them. These sites can deliver when you win. They also have encountered every kind of situation before, so they are well-equipped to solve your problems.

It’s easy to get caught up in something new and flashy. But established Kentucky Derby betting sites are the way to go to take surprises out of the equation because when you’re expecting money to be coming your way, surprises are never a good thing.

Competitive

The online gambling space is filled with sites trying to give you the best that they have to offer to secure your business. As we mentioned above, not all of them can deliver on those promises. But the Kentucky Derby betting sites we have listed can offer promotions that are worthwhile and deliverable.

If you’re a newcomer to the site, you can usually expect to see some kind of deposit bonus that will add heft to the money that you put into your original account. Some sites might even offer free wagers, although you generally also have to wager some of your own money before you can collect winnings from the free bets.

Many of the Kentucky Derby betting sites listed here aggressively try to hold on to the customers that they already have. That means that they will give bonuses for so-called “reloads” to your account. A reload occurs when you deposit more money into an account that might have been stagnant for a while.

You also might see these sites give you rewards if you are an extremely active bettor. They might offer VIP perks that make gambling heavily at the site more valuable to you. In this way, they act the same as a brick-and-mortar establishment in trying to secure your business.

The bottom line is that you should be in good hands with these Kentucky Derby betting sites in terms of getting the most impact out of your gambling investment. And these sites will usually do whatever they can to tie your wager into the Kentucky Derby, since it is such a well-bet event. In that way, your wager has an even better chance of bringing you rewards if you can pick a winner.

Variety

This might not be absolutely necessary to you. If you just want to focus on the Kentucky Derby, or even just horse racing, there might be sport-specific sites which can do the job for you. These sites probably can’t be as aggressive about any rewards they offer you, however, as sites that offer more of a full gambling menu.

Most horse racing fans looking for Kentucky Derby betting sites are probably on the hunt for a little variety. This might come in the form of gambling on other sports, such as football, basketball, boxing, or whatever your favorite might be. Or the site could also offer casino-style gambling, since many games that you find in the casino can easily be translated to the online world.

If, on the other hand, you are a casual fan that is only interested in the Derby, you still might have a strong interest in other types of gambling. That’s why it might be a good idea for you to look for a site, like the ones above, that can be a one-stop shop for any online gambling needs you might have. The sites we have listed are Kentucky Derby betting sites, but they are so much more than that.

One other way that these horse racing betting sites provide variety is by allowing you the opportunity to bet using multiple devices. The best sites will allow you to use a smartphone, tablet, or any other internet-connected device for your betting on the Kentucky Derby. In a world where people are increasingly on the go, this is a great convenience.

After all, you can’t always be tethered to your computer in your daily life. Any reputable Kentucky Derby betting site will give you the option of sports betting, casino betting, and horse racing betting. And it will allow you to do all that no matter where you happen to be at the time.

Questions You Need to Ask of Your Kentucky Derby Betting Site

When and How Do I Deposit and Withdraw My Money?

Deposits and withdrawals are crucial elements of the online gambling world. Kentucky Derby betting sites that have clearly detailed policies for putting in money and getting it out are the ones you should be seeking. If the site in question is a little foggy about the whole situation, you could be in for some disappointment.

In terms of deposits, you need to find out what the site accepts. Most Kentucky Derby betting sites will allow you to fund your account with credit card payments. But you can also find some that allow you to fund your account with cryptocurrency, which makes for quicker, more secure payments into your account (as well as faster withdrawals).

Knowing the guidelines for withdrawals is even more important. After all, any winnings you amass at Kentucky Derby betting sites won’t mean anything if you can’t eventually collect them. That’s why you should demand that the site lets you know exactly when and how you will receive your money.

It’s not uncommon for a site to require you to deposit a minimum amount. Nor is it all that unusual for them to require you to bet a certain amount before you can expect to collect winnings. These are pretty much standard procedures for these sites, as they need to be in place for them to sustain their bottom line.

But what shouldn’t be involved are seemingly unreasonable requirements for withdrawals and deposits. You also shouldn’t go into the process without knowing exactly what to expect in these departments. Do your research to make sure you can create an account on a Kentucky Derby betting site with confidence.

How Do I Get in Touch with the Site If There Is a Problem, and When Will They Respond?

Basically, this two-part question comes down to the level of customer service that Kentucky Derby betting sites display. Again, the sites that we’ve listed have pretty impeccable reputations in this department. You need to make sure that any site you sign on with has this reputation as well in case you choose to go out on your own and find a different site.

The first thing you should be looking for is contact information. Can you call the site at any time and get a response? Are there multiple ways to get in touch with them, including live chat and emails?

Once you do get in touch with them, what is their response time? When they do respond, do they immediately take steps to help you, or do they put you on the back burner? And are they courteous?

Also, consider the way the representatives of Kentucky Derby betting sites deal with you when they are trying to pitch you on something. Salesmanship is par for the course from a gambling website, as it is in their best interests to have you betting as much as possible with them. But if that salesmanship deteriorates into a hard sell that leaves you feeling intimidated, it can sour your entire experience.

The best way to find out these things is to check out gambling forums, social media, and the word of mouth of other bettors. Again, the sites we have chosen here have already demonstrated their ability in this area. Any sites you try out on your own should be fully vetted for their customer service before you proceed.

Can I Easily Use the Kentucky Derby Betting Site?

Maybe you intuitively know how to navigate online no matter the scenario. But if you’re the type who might not be so technologically savvy, it’s important that your Kentucky Derby betting sites can be easily handled. Otherwise, you could find yourself frustrated or even missing out on bets you want to make.

In terms of the site design, you should be able to easily tell where, for example, the horse racing section is and how to get to the Kentucky Derby page specifically. You should make sure you’re comfortable with the process of taking some of the money from your account and designating it for a specific bet. And in case you don’t get to watch the action, you should be able to tell from the site if and when you’ve won the bet.

Another important factor to consider regarding the operation of the website itself is whether it makes for a smooth experience. Poorly-designed websites can sometimes have pages that take a long time to load. When you are trying to get to a specific page to make a bet, especially on a Kentucky Derby betting site when the timing is crucial, you need to know that you can get there on time.

It’s important to find out as much information about this side of the site as possible through the methods we listed above. One other way you can find out is to ask the site if you can play some sample bets with no money at stake. That will allow you the opportunity to make your way around the Kentucky Derby betting site to see if it’s a smooth fit.

Betting on Kentucky Derby Betting Sites

We’ve talked about what these betting sites should be like in terms of how they operate and how they deal with you. Let’s focus now on the betting strategy of placing Kentucky Derby bets. It’s a race that presents excellent betting opportunities for you — perhaps more than your average horse race.

Why is the Kentucky Derby a great chance for you to make money with your wagers? Here are just a few of the reasons:

• Size of Field: Most Thoroughbred horse races contain somewhere between six and fourteen horses. The Kentucky Derby allows 20 horses in the field. What that means is that you can get much better odds on your pick, even the favorites, and the denseness of the field often leads to unexpected results, which tend to pay a lot more.
• Unpredictability of Young Horses: Although it’s arguably the most famous horse race in the entire world, the Kentucky Derby is generally contested by inexperienced horses. They are only three-year-olds, and it’s early in the season, meaning many have only raced a few times in their careers. That means it’s hard to gauge the competitors, opening up excellent value opportunities at Kentucky Derby betting websites.
• Distance of the Race: Again, at this stage in their career, most of the horses that compete in the Kentucky Derby have likely never been in a race as long as the Kentucky Derby (1¼ miles). The bettor has to anticipate if a horse will be suited to that distance. It’s a guessing game, and it’s another reason that bettors love the challenge of Kentucky Derby wagering.

Types of Bets You Can Make at Kentucky Derby Betting Sites

For those who might be somewhat new to betting on horse racing, here are some of the basic bets that you can make on the Kentucky Derby or any other race you might encounter at the horse racing site of your choice:

• Win: Your horse must win the race to win the bet
• Place: Your horse must come in first or second
• Show: Your horse must come in first, second, or third
• Exacta: You must pick the first two horses in the order of finish
• Trifecta: You must pick the first three horses in the order of finish
• Superfecta: You must pick the first four horses in the order of finish
• Daily Double: You must pick the winner of two races in a row

In general, the win, place, and show bets at Kentucky Derby betting sites are relatively easy to win compared to the others. The so-called “exotic bets,” which require you to pick multiple horses, are difficult to win. But if you do, you can expect to win a lot of money for a relatively small wager.

How to Choose Which Horses to Bet in the Kentucky Derby

You might think that winning a bet on the Derby is as easy as choosing among the finest Kentucky Derby betting sites and then picking a winner. Yet hardened horse players have struggled to make the right bet on the Derby. Although it’s a great race for value, it’s a difficult race to handicap, which, for the uninitiated in horse racing betting, refers to the process of deciding which horses will do well in the race.

But you don’t have to be completely in the dark. Here are some tips on how to bet the Kentucky Derby:

• Find a Program: The old adage in baseball about being unable to tell the players without a program holds true for the Kentucky Derby as well. You can find them easily online for free for the Kentucky Derby, as opposed to other normal races where it might cost you money. Once you have a program or racing form as they are sometimes called, you can start to look at the horses’ statistics and past performances.
• Watch Some Races: Statistics are great, but don’t discount the “eye test” when you are sizing up the field. Watching past races will let you know which horses looked to be going easily and without effort and which seemed to be laboring. It will also show which horses benefitted from a good trip in past races and which had bad racing luck that could be due to turn in their favor.
• Play the Odds: Decide early on what you’re looking for in your Kentucky Derby bet. If you just want to make a profit, the best way to do so might be to make a simple wager on the favorite to show. But those who want to be adventurous should look at the odds, which can be found on all reputable Kentucky Derby betting sites, and find horses with mid-priced or long odds that can conceivably pull off an upset.
• Don’t Forget the Human Element: Great horses usually have great trainers and great jockeys guiding them. And many of these jockeys and trainers have excellent track records in big races like the Kentucky Derby. Make sure to keep these folks in mind when you’re placing Kentucky Derby bets.

Kentucky Derby Frequently Asked Questions

It is held each year on the first Saturday in May.

Churchill Downs in Louisville, Kentucky, is the traditional home for the race.

In addition to being one of the longest-running horse races in all the world and having a big purse, the Derby is also the first leg of American Thoroughbred racing’s Triple Crown. Horses that can win the Kentucky Derby, Preakness Stakes, and Belmont Stakes are generally considered to be among the greatest in the sport.

It is likely that any site worth its while will give access to all of the Triple Crown races. Certainly, the ones that are listed above will give you that convenience.

Recapping What You Should Be Looking for in a Kentucky Derby Betting Site

Remember that any site you pick should have the following attributes:

• Competitive bonuses
• Timely payouts with no hassle
• Multiple banking and funding options
• Top-notch customer support
• Mobile compatibility with many devices
• A wide variety of betting options as well as comprehensive odds and bets on the Kentucky Derby

Conclusion

The Kentucky Derby stands as one of the most time-honored traditions in all of sports. It is an event that transcends horse racing and is part of American culture. As we mentioned above, to many Americans, it is the premier event in all of horse racing.

That is why Kentucky Derby betting sites are so popular. And it’s also why choosing the right one is so important. When it comes to a betting opportunity this big, you don’t want to be caught using a site that lets you down.

If you don’t take our advice and find a Kentucky Derby betting site from the ones that we’ve listed on this page, it’s important that you take your time to do your research. Choosing one without doing that research is essentially the same as dangling your money in the midst of a crowd. You can’t be sure you’ll get it back.

By contrast, if you take the time to choose Kentucky Derby betting sites carefully, you should feel pretty confident in having an excellent experience. And you should also feel good about making your Kentucky Derby bets and knowing that you can reasonably expect to see your winnings come back to you. That kind of peace of mind is what the top, most legitimate Kentucky Derby betting sites can provide.

The Kentucky Derby is not just the longest-running annual sporting event in America, nor is it merely the sporting event with the highest average attendance, nor is it simply the most prestigious horse race held anywhere in the world, though it is definitely all of those things. The “Most Exciting Two Minutes in Sports,” which has been run every year in south Louisville, Kentucky, going back to 1875 boasts annual crowds of more than 170,000 – easily surpassing the number of people that attended the biggest ever Super Bowl – and a purse of $2 million, the biggest of any horse race. The “Run for the Roses” is more than all that: it is a now legendary institution of the sport on a global scale, and that combination of factors is what drives the constantly renewed interest in legal Kentucky Derby betting options.

Fortunately, unlike some other forms of wagering on sports, horse racing betting is widely legal in various forms in 38 of the 50 states around the nation thanks to generally permissive state laws and specific protections found in federal anti-gambling laws. Whether you prefer to do your betting in person at the internationally famous Churchill Downs, at one of the multitudinous off track betting kiosks found in most states, or online at a domestic racebook or even at a legal offshore sports betting site base din a foreign country, there are definitely plenty of choices available. Horseplayers are some of the sharpest gamblers out there, but not all of them are aware of the ins and outs of betting on the ponies online, particularly at legal Kentucky Derby betting sites like Bovada, BetOnline, SportsBetting, BetDSI and 5Dimes, but that’s where we come in.

Our aim here at LegalKentuckyDerbyBetting.com is to give already savvy horse racing enthusiasts the head start they need to get in on the action of wagering on the upcoming edition of the Derby. We will take a closer look at the current odds on the favorites to win this year’s race, the legal situation for horse racing betting in America today, the best online options for wagering on the Kentucky Derby. We’ll even cover more advanced topics like how to fund your racebook account and how to access a mobile betting platform for your smartphone so that you can take your hobby with you wherever you happen to be on Derby Day.

You had better get a refill for your mint julep in a hurry because you definitely do not want to miss out on the current Kentucky Derby betting odd being offered right now at the leading legal offshore racebook sites. You will generally be able to find better odds at overseas-based sportsbooks than you can get from brick and mortar racebooks, even the ones installed at Churchill Downs, though of course there is nothing quite like the experience of betting on the ponies while you watch the race in person. With that being said, sites like Bovada, BetOnline, SportsBetting, BetDSI and 5Dimes have already got some pretty well-stocked betting boards in terms of the top horses in the running for this year’s exciting edition of the “Race for the Roses.” Such is the tightly-contested nature of “Fastest Two Minutes in Sports,” where so many legends have been made.

As we previously mentioned, there are surprisingly few laws that would even nominally prohibit residents in most states from placing wagers on horse racing events, but, even so, one of the most commonly asked questions we get is a variation of “Is it legal to bet on the Kentucky Derby?” While it almost universally legal to do so, betting on a sporting event of this magnitude outside of the Las Vegas Strip is something casual wagering enthusiasts have a hard time wrapping their brain around. In fact, not only is betting on the Kentucky Derby and other premier horse races completely legal in 38 states, there are specific federal level protections for pari-mutuel wagering on horse races as well.

Laws like the Federal Wire Act of 1961, the Professional and Amateur Sports Protection Act of 1992 (PASPA) and the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) had deleterious effect on sports betting and the broader online gambling industry, horse racing wagering is exempt from those prohibitions. That means American horseplayers are free to place wagers on horse races without fear of facing charges for doing so.

Most states in the country have legal horse racing betting options available for fans of the sport to enjoy, but not all do. Below you will find a list of the 12 states (plus Washington D.C.) that do not allow Kentucky Derby betting within their state lines at official, authorized state-regulated platforms. However, it should be noted that legal Kentucky Derby betting sites based overseas like Bovada, BetOnline, SportsBetting, BetDSI and 5Dimes generally offer better odds and more selection when it comes to betting lines and options like mobile betting. So even if you live in one of the states below, you can still get in on the action in time for Derby Day come May – and if you do not live in one of these states you can rest assured that legal Kentucky Derby betting is available on your stomping grounds.

In certain states where it is legal to bet on horse racing online, it is only legal to do so at designated state-sanctioned websites. In Maryland, for examples, horseplayers can only legally place wagers sites like TVG.com and TwinSpires.com, whereas in New Jersey players have to use 4NJBets.com for their betting needs. Virginia requires its online pari-mutuel betting to take place at TwinSpires.com, TVG.com and XpressBet.com, but those are just a few examples, so be sure to check your local laws if you want to stick to domestic online racebooks.

Say you live in one of 12 states that do not allow betting on horse races. Maybe you don’t want to limit yourself to your state’s authorized racebook websites, but you want to get in on the action at the end of the upcoming Derby Week. In either case, you can always take your business to one of the several excellent legal offshore Kentucky Derby racebooks online. Of the myriad choices available to you, the best of the best are Bovada, BetOnline, SportsBetting, BetDSI and 5Dimes. These sites not only have the most advantageous odds you are likely to find anywhere, whether online or in person at a track based racebook, but they also have bonuses and promotional offers designed to keep you playing the ponies for free if you meet certain qualifications.

Bovada Racebook has been around for over 20 years now and over that time they have proven to be a major player in the online gambling industry. They are easily one of the more recognizable names in the business and their longevity points to an obvious trend of sustained success that is always a comforting feeling when deciding on a gambling site to use.

Although they are mostly known for their sportsbook, the racebook at Bovada is one of the best you will find as well. Not only do they offer great bonus opportunities but they also have a horse racing betting rebate of 3% on all straight bets and 5% on all exotic bets. You can accept these rebates on bets regardless of whether you win or lose so you immediately know you are getting at least some of your bet back. These are just a few of the excellent betting opportunities offered at Bovada Racebook so sign up for an account today and bet on all of your favorite races, including the Kentucky Derby.

SportsBetting is a great site to choose if you are looking for a solid racebook, despite the fact that their name points to them being specific to sports betting. They are licensed and regulated out of Panama and after being bought by BetOnline in 2012, have quickly become one of the top sportsbooks on the web. Kentucky Derby fans and horse racing betting fans, in general, will love all that this site has to offer them and it is a no brainer when deciding on a site to place bets with.

SportsBetting offers Derby fans the opportunity to accept rebates on all of their bets, win or lose. Their rebate is 7% and it is always nice going into a wager knowing that you will at least get some of your bet back. There are also bonus opportunities like their welcome bonus of 75% of your first deposit up to $1,000 and their $25 horse free play. Take advantage of all of this today and sign up for an account at SportsBetting Racebook.

BetOnline is a big time name in the online gambling industry and a major reason for that is their racebook. BetOnline has enjoyed an incredibly successful sportsbook for over two decades, while their racebook has only been around for less than half of that duration. They are licensed and regulated out of Panama so they are a completely safe site for all horse racing fans to use.

The BetOnline Racebook has betting lines on every major track in North America and lines on a lot of smaller tracks as well. Along with the bonuses, rebates, and other features like their mobile betting option, they also have free picks and head-to-head horse racing matchups as well. This is just the tip of the iceberg when discussing the racebook at BetOnline so sign up, deposit some money, and win big while betting on the Kentucky Derby at BetOnline.

5Dimes has been around for a while now and is absolutely one of the top legal betting sites for the Kentucky Derby. 5Dimes is a little different than the other sites we have reviewed because they don’t put as much effort into the visual aesthetic of their site. It’s very peeled back and simple but once you get started betting with them, it’s clear that what they lack in the looks department, they make up for in functionality.

The Racebook at 5Dimes is excellent in just about every aspect but the biggest draw to using them is their rebate option that gives players a 9% rebate for all of their bets. This is the highest rebate offer of all the top racebooks and all horse racing fans would appreciate this offer. 5Dimes has betting lines available for every major horse racing track, including the Kentucky Derby, and even some smaller state tracks as well. They really do have everything you need for an enjoyable Kentucky Derby betting experience so sign up for an account and get started today.

• Racebook Bonuses up to 75%!

• Bonuses up to $2.500!

• Bonuses up to $1,000!

• 50% up to $520 for Derby Fans!

One of the main reasons to use any one of the legal Kentucky Derby racebook sites we mentioned above are the new and exciting ways that these 100 percent legal overseas businesses enable you to wager on the “Fastest Two Minutes in Sports.” With the race over in just a few short minutes, being quick to lock in your bet is almost as important as picking the winner, so other ways to legally bet on the Kentucky Derby besides the usual routine make the day even more exciting – and potentially more profitable – than it might otherwise be. Be sure to check out the legal mobile betting apps available at Bovada, BetOnline, Sportsbetting, BetDSI and 5Dimes for download instructions, as the procedure to download each site’s app varies slightly. However, these apps are designed from the outset to work with mobile devices like smartphones and tablets running either the Apple iOS or the Android operating system, so you should not run into any problems there.

Once you have decided to get started wagering on Derby Day you will need to first fund your Kentucky Derby Racebook account. The good news is that, no matter whether you choose an in-state domestic racebook or a legal offshore racebook site, you can use pretty much all the same methods. All our most highly rated legal Kentucky Derby betting sites accept major credit cards like MasterCard and VISA, and several accept American Express cards as well. Additionally, methods such as a check in the mail, a bank wire transfer or even popular cryptocurrencies like Bitcoin, Ethereum and Dash can also be used to bankroll your racebook account. In the case of offshore horse racing betting sites, you may need to wait a few minutes up to a few days (depending on your deposit method of choice) before your funds are available for placing wagers.

There are plenty of ways to watch all the festivities during Derby Week, even if you cannot make it to Churchill Downs in historic downtown Louisville. Most of the events during the week leading up to the 144th annual running of the Kentucky Derby on September 5th will be broadcast on NBCSN. The Kentucky Oaks Undercard, as well as the 145th running of the Kentucky Oaks proper, will follow. As for the Kentucky Derby Undercard and the Derby 145 itself, be sure to tune in to NBCSN. You can also head over to TwinspiresTV.com and watch the race (or even place wagers if your local laws allow it) as well as free race replays

Kentucky Derby Betting Games

Will I Go To Jail For Betting On The Kentucky Derby?

While it is true that not every state in the country allows pari-mutuel horse racing betting, in the vast majority of states it is completely legal to play the ponies for real money. Not only will you not go to jail for betting on the Kentucky Derby, there are actually many state laws and a few crucial federal laws that specifically make provisions allowing horse racing wagering to take place. Even if your particular state does not allow residents and visitors to bet on horse races, you can always hop online and check out Bovada, BetOnline, SportsBetting, BetDSI and 5Dimes, as these legal Kentucky Derby racebooks, being based overseas, aren’t subject to federal laws in the first place.

Can I Sign Up At More Than One Kentucky Derby Racebook Site?

There is no limit to the number of legal Kentucky Derby racebook sites at which you can sign up. In fact, we strongly encourage our readers to take advantage of this strategy as a way to make sure you are getting the best odds on the horses and races of your choice. Shopping around for the best odds is one of the most effective long term betting tactics that any savvy bettor should definitely adopt. Additional benefits of signing up at more than one sportsbook include spreading out your winnings over several accounts so that you can avoid getting stuck with sub-par odds once you win too much (hey, the leading racebooks are not charities!) and taking advantage of multiple sites’ promotional offers.

How Much Money Is Bet On The Kentucky Derby?

Though there is no way to know exactly how much money is bet worldwide on an event as internationally prestigious as the Kentucky Derby, especially given that legal Kentucky Derby racebooks based in foreign countries don’t have to report their handle to US authorities, it is a substantial amount indeed. However, Churchill Downs’ on-site racebook takes in approximately $200 million in wagers on race day alone, and several million more through the run up to the “Run for the Roses” during Derby Week. It is estimated that the total online handle from all around the world is in the billions of dollars, but it could be even more.

If The Horse I Bet On Gets Scratched, What Happens To My Bet?

Two things can happen if the horse you bet on gets scratched, or does not line up at post time. If you bet on a horse to win or place at the Kentucky Derby on a futures betting line, then your money will not be returned to you. However, if you place a bet on the day of the race but he fails to make it to the starting gate or is disqualified then you will have your money refunded. This is referred to as a “consolation payment” worth the amount you wagered on the scratched horse.

What Is The Fastest Withdrawal Method At Legal Kentucky Derby Racebooks?

If you decide to do your betting in person at Churchill Downs on the day of the race, then you should have your winnings in hand as soon as your credit card transaction processes the payment, or, alternatively, you can wait a few minutes for the nice folks in the payout line to write up a check for you. If you mail in your mutuel ticket, then you will need to provide several forms of identification before your winnings will be released, and even then it could take a few weeks before your check reaches you. If you did your wagering at legal offshore racebooks like Bovada, BetOnline, SportsBetting, BetDSI or 5Dimes, we recommend you accept your payment in a cryptocurrency like Bitcoin or Ethereum – the wait time in measured in minutes, not days or weeks. Otherwise stick to the credit card or bank wire transfer, as those are generally the fastest withdraw methods at legal Kentucky derby racebooks based overseas.

There are two different kinds of bets to choose from at legal online racebooks, straight wagers, and exotic wagers. Straight wagers include win, place, show, and across the board bets, while exotics contain exacta, trifecta, and superfecta bets.

• Win – A win bet is exactly what it sounds like, a wager on a horse you believe will win the race.
• Place – A place bet is a wager on a horse finishing in either first or second. If you aren’t feeling confident enough to guarantee a victory, a place bet allows you to predict a horse you feel is going to finish in the top two.
• Show – A show bet is the same as a place bet except you can bet on a horse to finish in one of the top three positions. With you being allotted three-bet positions, you won’t get as much of a payout as you would with a more specific bet like a win or place.
• Across the Board (Win, Place & Show) – Across the board bets are wagers in which you bet on a horse to win, place, and show. So you select three horses to finish in the top three. Regardless of where they finish, you win as long as all three finish in the top three.
• Exacta – An exacta is an exotic bet that is a prediction for who will finish first, and second, in order.
• Exacta Box – Just like a traditional exacta bet, an exacta box bet allows you to select several other horses that you might think could finish first or second.
• Trifecta – A trifecta is the same thing as an exacta except you are predicting the top three finishers of a race in order.
• Trifecta Box – A trifecta box allows you to have multiple predictions for who will finish in the top three spots, in order.
• Superfecta – A superfecta is the toughest exotic bet of them all as it requires bettors to wager on the top four finishers of a given race, in order.
• Superfecta Box – Gives you multiple predictions of the first, second, third, and fourth place finishers in order.

Kentucky Derby 2020 Betting Sites

Morning line odds are a list of the participants of a horse race and their betting lines as decided on by a sportsbook, bookmaker, or track handicapper. Called a morning line because it is usually posted on the morning of the race, before wagering even starts.

A tote board is where the Kentucky Derby betting odds are calculated and posted at a race track. The name comes from the old calculator company named “American Totalisator”. It posts the odds of every horse in a given race as well as the potential payouts.

Things to know before placing a bet include the track name, race number, dollar amount of your bet, the type of bet you are looking to place, the number given to the horse you are wagering on and things like that. You can never be too prepared to place bets and the more information you know before you actually place said bet, the more educated your bets become.

Kentucky Derby Futures Betting Sites

Triple Crown betting starts picking up steam after the first race of the series, the Triple Crown. After that race, the Triple Crown is in play for the winner of the Kentucky Derby. This means you are betting on the winner of the Derby to win the Preakness Stakes, and then the Belmont Stakes. Only 12 horses have ever won a Triple Crown.

• The Belmont Stakes - Won By Tiz The Law
• The Kentucky Derby - September 5th, 2020
• The Preakness - October 3rd, 2020

Early Kentucky Derby Betting

The first ever Kentucky Derby was run in the year 1875. It’s made up of 20 three-year-old thoroughbreds, which is a larger field than most races. The track itself, Churchill Downs, is 1.25 miles and is located in Louisville, Kentucky. It’s the first race of the Triple Crown series and it is run on the first Saturday of May every year. It’s been nicknamed the “run for the roses” and the “most exciting two minutes in sports” and is one of the most prestigious sporting events in all of American sports.

The directions to Churchill Downs starts with knowing the address of the track, which is 700 Central Ave. Louisville, Kentucky 40208. You will take I-65 South from Indianapolis to exit 132, which is Crittenden Drive near the Fair Expo Center. Once you get to the stop light after that exit at Central Ave. you take a right. Take Central Ave. all the way down until you hit Churchill Downs on your left. If you are going to Gate 17, take a left on 9th, and if you are going to gate 10, take a left on Taylor Boulevard and take another left onto Longfield Avenue.

For those of you taking I-264 West from Lexington, Kentucky, just take Exit 10 to Third Street and Southern Parkway. Take a right and you will run into Central Avenue. From there, you take a left and if you are heading to gate 17, just stay that route. If you are going to gate 10, take a left on Fourth Street and follow the right curvature by the barns.

Kentucky Derby Betting Guide

Finally, if you are taking I-65 North from the Nashville Airport, take I-264 West to Exit 10 to Third and Southern Parkway and from there it’s the same directions as the instructions above.