What Kind Of Bets For Kentucky Derby - Sports Betting


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What Kind Of Bets For Kentucky Derby

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Kentucky Derby Odds: Biggest Mistakes to Avoid on Race Day, Bleacher Report

Kentucky Derby Odds: Biggest Mistakes to Avoid on Race Day

If you follow horse racing at all and are interested in placing a bet for the 2013 Kentucky Derby, the next few days are the Mecca of your experience.

The 20-horse field, jockeys and postings are all in after Wednesday's selection draw at Churchill Downs, and that means interested parties are closer than ever to placing their bets for the standout horses currently in play.

What if you're a first-timer, though?

Not everyone is a Kentucky Derby expert that goes to the track to bet, and there are others that might be placing bets elsewhere just looking to make a splash because they like a horse's name or got the itch to put some money on the line.

No matter your connection to the Derby, there's a good chance you might throw caution to the wind when you find a horse you think is going to win the Derby. In the spirit of avoiding a big mistake if you spread your wealth thin or are betting it all on one horse, here's a look at what not to do when placing your bets for Saturday's 139th Run for the Roses.

*For a complete look at the 2013 Kentucky Derby horses, click here (via KentuckyDerby.com).

2013 Kentucky Derby Odds, Posts and Horse Lineup

*Odds courtesy the NBC Sports Network broadcast on Wednesday afternoon, confirmed by DRF.com. Post positions via the Kentucky Derby's official Twitter account.

Mistakes to Avoid on Race Day

Know the Horse, But Know the Jockey More

Everyone who is hip to the field knows that Orb, Verrazano and Goldencents are the three favorites this year—and for good reason. But if you don't know who is jockeying those favorites, your bet loses some serious credibility.

If you don't know names like Mike Smith, Edgar Prado, Calvin Borel and John Velazquez, you should—the quartet has combined for six of the last eight Kentucky Derby wins.

To make things more important, each of these jockeys has the kind of big-time experience you need to win at the track. The horse is always important to the win, and you'll never see a jockey take full credit for getting the most out of a horse in the final furlongs.

If horses could talk, though, they'd appreciate what jockeys do to know when to start making that late push, how to approach the starting gate and how to stay as close to another horse as possible without stumbling and making a fatal mistake.

Rookie and young jockeys often have a hard time with the six-figure crowds and bright lights of the Derby, and that makes having a jockey with experience and pedigree of his own very important. Before you fall in love with a horse after watching a workout or looking at his resume, check and see who will be on his back on race day.

Don't Fall in Love With the Favorite

Along those same lines, you should respect the field more than the favorite.

With 19 other competitors in the race, there are so many variables affecting the outcome of the finish. Between the horses that are built for a longer race, and others that are geared up for the dirt track after performing on it all season, favorites might not have the best overall shot at winning the longest race of the year so far.

History agrees with that statement.

While favorites usually find a way to be in the money, taking them as the odds-on favorite has not been fortuitous in recent years. In fact, three of the last four races have featured a dark-horse, sleeper-type horse winning the event, including I'll Have Another (15-1) last year and Mine that Bird (50-1) in 2009.

It's always safer to pick the favorite, but not always going to net you any money when the race is over. Be careful this year with a huge bet on Orb or Verrazano, and be sure that's who you really think is going to win before betting your money.

Be Skeptical of the Inside Post

The inside post doesn't have the prestige that it quite used to.

Sure the breakdown of wins by post would lead one to believe that every horse in this race wants to be in either the five or one post (12 wins by Derby horses in each spot in 138 years).

Three of the last five winners have come from an outside post, and that includes two straight wins from the No. 19 and 16 spots, respectively.

Of course, there are always exceptions.

Borel is one, as all three of his Derby wins have come from an inside post. Some jockeys love to be on the inside, but conventional wisdom doesn't give horses who are on the innermost post the advantage they once got from that draw.

Maybe more than anything else this weekend, enjoy the race. That's what it's all about, and you don't want to be stressing about posts, horses and times when things kick off on Saturday afternoon. Do your research, keep these ideas in mind and then make your picks. Hopefully things work out in your favor.

If not, there's always next year.

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Going to the Kentucky Derby? 10 things you need to know

Kentucky Derby: 10 things to know before you go

The 140th running of the Kentucky Derby is almost upon us. Watching the greatest two minutes in sports on TV is exciting, but attending in person is different from anything else in the world—and takes some preparation to do the right way.

This year will be my 16th consecutive Derby, and I've learned more than a few lessons the hard way. So let me help you avoid my mistakes and then. Go Baby Go!

1. Pay to park: Do not try to drive into the Churchill Downs parking lot unless you have a pre-assigned parking spot. Even then, I don't recommend it. As you near the track, the streets will be lined with people wielding cardboard signs offering parking. The lot is their front yard, and many of them ask you to leave your keys with them. Just do it. Don't go for the $10 parking; you'll regret it as you trudge back at the end of the day. The $50 spots will get you much closer and they're worth it.

2. Cash is king at the track: Bring lots of it. Parking requires cash, drink vendors require cash, betting requires cash. Bring more than you think you'll need. Spending an hour or so in line to use one of the few ATMs is not the way to spend Derby Day.

3. Speaking of lines—plan your bathroom visits: Get in line before you need to use the restroom. Bladder anticipation is difficult to master, but you'll be better off once you do.

4. For the ladies: If you must wear heels, then you really have to bring flats along to change into. Even if you have the best seats in the house, you'll be standing and walking all day.

Bonus tip: Purses larger than 12 inches are not allowed, so plan accordingly for your shoes. Also not allowed: coolers, cans, cameras with detachable lenses, outside alcohol (don't worry, they have plenty inside), backpacks and umbrellas.

5. The event is called "Derby." "What time are you going to Derby?" "What are you wearing to Derby?" Drop the "the" unless you're talking about the race itself. "Who are you picking to win The Derby?" The locals will notice if you get this wrong.

6. While the horses may be in for a sprint, you're there for a marathon. Repeat this mantra: "This is a marathon, not a sprint. This is a marathon, not a sprint." You should get there early and soak up all the fun you can. The gates open at 8 a.m. The first race takes off at 10:30 a.m. The actual Derby race isn't until 6:24 p.m. (Most people arrive around 11 a.m.)

7. Drink one mint julep. It's tradition (which is the reason cited by Southerners for doing all sorts of really fun things). But mint juleps are very sweet and stronger than you think. Too many juleps never ends well. One is an easy limit to remember.

8. Make your bet on the Derby race as soon as you arrive. If you hem and haw all day listening to "hot tips" and changing your mind, you'll go against your gut and likely regret it. Or, even worse, you'll forget to make the bet! How will you feel if your horse comes in then? You can bet on all the preliminary races throughout the day. (Note: "MTP" on the screens stands for "Minutes to Post." That's how much time you have to bet before the next race.) There are a total of 13 races scheduled at Churchill Downs for Derby Day.

9. Don't be scared to bet. Buy a program and get to it. Minimum bet is $2. When you get to the window, say the number of the race, the dollar amount, the type of wager and the horse(s) number(s). If you're making multiple bets, say this whole script for each bet. For example: "In the sixth race—2 dollars—to win—on the 6." Write them down on your program in that order so you can rattle off your bets at the window.

If you've never bet on a horse race before but are looking for something a little more adventurous, go for a "trifecta." That means you're trying to pick the first, second and third place horses in a race—in order. That bet will cost at least $6. If you like three horses and want to bet on them in any order, that bet is called a "trifecta box."

Another bonus tip: Don't throw your ticket away until the race results are final. Many a photo finish has sent grown men crawling on the ground in search of a winning ticket they thought was a loser.

10. Ladies: Wear a hat. Just do it. You'll regret it if you don't. Men: You don't have to go for the full seersucker suit and hat, but at least put on something flashy or bright. That's part of what makes Derby so fun!

And finally, a last bonus tip: It's still not too late! You can walk right up to the gate at Churchill Downs on Derby Day, pay $50, and you're in! This gets you access to the Paddock, where the horses walk before every race, as well as the infield. You may not see an actual horse, but Churchill Downs just installed the largest high-definition video board of its kind in the world, so you can at least watch the races on screen while soaking up the one-of-a-kind ambiance.

What The Kentucky Derby Is Like For Horses, Care2 Causes

What the Kentucky Derby is Like for Horses

  • By: Lindsay Patton
  • May 5, 2017
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Editor�s note: This Care2 favorite was originally posted on April�20, 2015. Enjoy!

On Saturday, May 6, millions of people will watch as beautiful, strong creatures power through a track, with millions of dollars sitting on their success. We’re talking about the Kentucky Derby, an annual race that was founded in 1872 by Meriwether Lewis Clark, Jr. and is one of America’s long-standing traditions.

Last year, 15.3 million people watched the Kentucky Derby. While those may not be Super Bowl numbers, that’s still a lot of people for an event that doesn’t even have a halftime show or buzzed-about commercials.

Tradition is a strong part of this race. The Kentucky Derby has its own drink: the mint julep. The beverage consists of bourbon, mint and sugar syrup. It’s served cold and is served in a souvenir cup, which was first offered in 1939.

The event attracts the rich and famous. Celebrities show up in derby attire, which is talked about on entertainment blogs following the event. Women showcase their giant hats with dresses to compliment them, while men adorn�bright pants and ties. The “elite” attendees sit in “Millionaire’s Row,” a set of box seats that show off an attendee’s status.

While the entire event, dubbed “The Most Exciting Two Minutes in Sports,” is full of Southern tradition and glamour, the racing horses have an entirely different experience. They are celebrated by the public, but lead lives that are quite the opposite.

Most importantly, horses can’t consent to racing. They just have to do it. They can’t tell their handlers or their jockeys that they’re in pain, tired or just fed up with racing. That decision is in the hands of the people with the money and the people who want the money. If a horse has a lot of wins under its belt (or, um, saddle), it will be forced to race until it has a lot of losses under its belt.

A number of cruelty allegations plagued last year’s race. Leading up to the 2014 Kentucky Derby, PETA released undercover recordings that showed the dark side of the derby.

In its undercover investigation, PETA found injured horses being forced to race, horses being doped, even horses dying from the grueling training they are put through.

The average race horse competes for seven years, enduring grueling training, painful injuries and constant drugging. That’s if they don’t die from all of the above, first. But what happens after the horse either stops winning or is too old to race? The age these horses retire is only a fraction of their entire lifespans. With more than 60,000 horses competing on race tracks, a high number retire every year. High-profile winners are usually sought after once they retire, but that doesn’t account for the high number of horses that�aren’t�winners.

While there are some horses that are re-homed or given new “jobs,” per se, there are many more that face a gruesome fate. According to the ASPCA, more than 160,000 horses — including race horses — were sent to slaughter in 2013. But just because the United States has prohibited horse slaughter doesn’t mean these horses are safe. Markets in Europe and Asia value horse meat and will pay for the horses. According to Nancy Perry, senior vice president of ASPCA governmental relations, “It is well-documented that many racehorses end up at slaughter auctions within a week of their last race, despite the fact that many tracks across the country have policies opposing this practice.”

Luckily, most Americans are against horse slaughter. A 2012 ASPCA poll showed 80 percent of American voters are against horse slaughter.

So, what can we do to help these horses?

First, don’t support horse racing. Whether it’s a large event like the Kentucky Derby or a smaller racing facility, these kinds of operations are bad news for the horses.

There are a number of horse rescue groups out there that need your support. They need donations and support in order to continue their work.

Telling others the facts about horse racing is just as important as supporting these worthwhile rescue missions. Many people don’t realize how cruel horse racing actually. Use your voice�to stand up for horses and spread the word.

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Shame on the people who go to these places and bet!

If nobody needed horses there would be very few horses. Please remember what happened to horses when the automobile came into popularity. All those millions of vanished horses did not retire to sanctuaries. Nor were more horses bred to replace them.

No different to mustangs except these horses have had an expensively trained life.

Earlier this year 2017 the EU brought in a rule that all horse meat imported from Canada must be from horses certified by vets as being free from drugs including antibiotics for the three months prior to slaughter. This is the minimum allowable to make meat fit for human consumption. The trade talks happening between Belgium and Canada at that time immediately broke down. Belgium eats a lot of racehorse meat. But Canada did not want the embarrassment and inconvenience and expense of keeping racehorses and mustangs grazing in fields for three months.

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Kentucky Derby: A rookie’s guide to betting on horse racing - Denver7

Kentucky Derby: A rookie's guide to betting on horse racing How to win on Kentucky Derby day

People make bets during the 138th running of the Kentucky Derby at Churchill Downs on May 5, 2012 in Louisville, Kentucky.

LOUISVILLE - Horse racing and betting go together like the Kentucky Derby and oversized hats.

Bettors wagered $124.66 million at Churchill Downs racetrack for the 2014 Kentucky Derby. But putting hard-earned money down on a race can be intimidating, especially for people who’ve never done it.

We reached out to horse race handicapping experts and here’s what they told us about understanding the betting system at a racetrack, why it’s better than gambling on casino games and how to make the most on a small bet.

How does horse race betting work?

When gamblers line up to place bets on Saturday’s big race — or any horse race — the wagered money is combined into pools, based on the type of bets being made. When the race ends, anyone with a winning ticket splits the pool money with other winners, after a percentage of the pool is taken by the track.

The payout amount on any given bet decreases with each person who makes that bet, which is why if a single horse is a heavy favorite in a race and a lot of people bet on it, winning bets for that horse won’t pay as much as a longshot.

The pros at Today’s Racing Digest — a daily publication that’s been scouting races since 1970 — explained that betting on a horse race can be safer than playing games at the local casino.

“Unlike betting in a casino, where the house has an advantage and the odds are stacked against you, in horse racing, you can actually beat the odds,” we were told by a handicapper from Today’s Racing Digest.

What separates the various kinds of bets?

According to Kevin Bradley, sportsbook manager for Bovada.lv, a top online gambling website, below are the most commonly placed bets on horse races:

  • Win - The bettor picks a single horse to finish first in a given race.
  • Place - The bettor picks a single horse to finish in the top two.
  • Show - The bettor picks a single horse to finish in the top three.
  • Exacta - The bettor picks two horses to finish in the top two spots, in exact order.
  • Trifecta - The bettor picks the top three finishers in exact order.
  • Superfecta - The bettor picks the top four finishers in exact order.
  • Super High-Five - The bettor picks the top five finishers in exact order.

Which bet is best for a first-time gambler?

The answer to this question depends on a number of factors including how much money the bettor is willing to gamble and how comfortable they are with risk.

For casual bettors who want a low-risk wager, Bradley suggests picking the favorite horse to show. This is a bet that has high odds of paying off but the payout will likely be very low. In terms of a low risk bet with potentially high reward, Bradley said, “Bet to win on a horse between 10-1 and 20-1 odds who has a reputable trainer and jockey who has shown he can win races on the biggest stage.”

“If you are going to bet more than $50, invest in some kind of handicapping information … where they provide you with information about each of the horses and why they may be a good bet or not,” one of the experts from Today’s Racing Digest suggested.

Perhaps the ultimate low-risk bet that could potentially offer a huge payoff on Derby day is the Super High-Five. Last year’s payout on a $1 Super High-Five bet at the Kentucky Derby was $149,764.70 — and that was with the favorite horse winning the race.

For people who enjoy a risk and hope to walk away with life-changing money after a day at the races, the staffers at Today’s Racing Digest agreed a Pick-6 bet is the best choice. To win, a bettor must pick the winning horse in six consecutive races. In 2013, a man at Florida’s Gulfstream Park racetrack took home $3.591 million on a Pick-6 wager of $3,118.50.

Copyright 2015 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

The Tradition Continues Kentucky Derby Hats - Kentucky Derby 2017 Online Betting

The Tradition Continues Kentucky Derby Hats

One of the longest running traditions in the Kentucky Derby history is the fun topic of women’s Kentucky Derby hats. You may wonder, what is the thing with these hats and do they mean something? Today, they are just as a fact of tradition, and if you ever get to witness Kentucky Derby live, you will see that almost any woman walking through the entrance will have her own special Derby hat just for that event. And to some, that just may be an excuse to get to shopping to buy a new hat, but that is another topic of debate. What kind of hats can you get or precisely, what kind of hats you can wear to Kentucky Derby or more precisely, you are allowed to wear?

There are some women that get to design their own hat, and now it is becoming a trend and if you wonder why – it’s the uniqueness. If you design or make your own hat as a DIY project, you will get a unique hat that will no one else have in the auditorium. And that is just the thing that money can’t buy, that is one of the things that local people at the Derby appreciate the most. If you just take your time, sit down and think what kind of hat can I design? You do your design and then compare it to some older hats (take an example how much the fashion has changed from the 1970s till today), and then you have a variety of different hats on heads of women that are there to watch one of the largest Kentucky events. Taking a picture which is pretty easy today will tell you just how much the history repeats itself but in another, unique way.

You probably didn’t get this idea in your head, but imagine creating a hat with all of the horses in the race for that day. That is a piece of memorabilia that will remain forever, as long as you are alive you will remember that hat for one amazing event you were on. Or, take this idea – take your row and draw horses on your hats in the order that they appear in, but them on the head. What horse wins, that person gets a free beer or a drink of his/her choice which will remain in the memory that is for sure.

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