The 2024 Kentucky Derby is established to choose spot on Saturday, May possibly 4 with the article time at 6:57 p.m. ET on NBC. This is the first leg of the revered Triple Crown.
Luckily, horse racing betting is broadly-out there throughout the United States and the broad the greater part of places can locate racebook betting applications. Some of the apps are proprietary variations of even larger platforms (FanDuel Racing, DK Horse) while other individuals are standalone betting platforms (AmWager, DFR Bets, etc).
We’ll walk you via in which horse racing betting is obtainable on the internet, distinctive forms of bets to make and how to signal-up with the best platforms just in time for the Kentucky Derby.
Where can I guess horse racing on the internet?
On-line horse racing betting is at present available across 41 out of the 50 states. You can guess on the Kentucky Derby on the web or by means of cellular application in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
Distinct styles of horse racing wagers
This is not an all-encompassing record but characteristics the most well-liked kinds of bets for new consumers betting on the Derby.
Solitary Race bets
- Acquire — This is self-explanatory and you just decide on one particular horse to earn a race outright just like a moneyline for athletics
- Place — You select a person horse to complete first or second
- Present — You choose one horse to complete first, next or third
- Exacta — You decide on two horses to finish to start with and second in the precise purchase
- Trifecta — You select three horses to complete first, second and 3rd in the exact order
- Superfecta — This operates the similar as an exacta or trifecta but very first, 2nd, third and fourth in the exact get
Multi-Race bets
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- Day by day Double — You select the winners of two races. You can include numerous horses for each race with a greater stake. For case in point, let’s say I insert the 3, 5 and 7 horses in the initially race and the 1, 4, 8 horses in the second race — one particular of the horses I picked has to acquire in every single race so it is related to a parlay in other athletics but you get extra possibilities relying on how quite a few horses you add for each race.
- Pick 3,4,5 etc. — These get the job done the exact as the day-to-day double with far more races so fundamentally the possibility is better possessing to acquire more races but the payout is also better. A Select 3 is a few races, Decide on 4 is 4 races and Decide 5 is five races.
Why do horse racing odds look diverse from sports betting?
Initial, it’s essential to notice that horse racing odds get the job done in another way from common sports activities betting. In typical sports activities betting, the residence (sportsbooks) established the odds and the odds fluctuate right until the time of the celebration. This can transform centered off facts relating to a team like accidents, how the team has fared in new video games and any other pertinent information.
When I spot a sporting activities wager on a platform this kind of as FanDuel, my guess is locked in at that price tag. No matter how the odds fluctuate following I place the guess, I can income what ever the odds were at the time of my wager.
Horse racing, termed pari-mutuel betting, signifies you guess into a single huge betting pool with other bettors. The odds fluctuate in actual time based mostly off who is betting what so a favored which is not receiving a good deal of action can drop for additional payout. Imagine of this a lot more like the inventory market place and each and every horse is a inventory.
Even so, your payout and odds can modify even after the race has begun so the payout is not locked in till after the race has concluded.
Up coming, you could be thinking why the odds are fractions vs. American odds in sporting activities betting. It is essentially studying your income vs. stake.
Let’s say I decide a horse at 5-1. This would be the similar line as +500 in American odds or that I will earn 5x my stake.
Occasionally, fractional odds can be puzzling on very first look with odds like 8-5 but it’s essentially indicating you would acquire $8 for a $5 stake or +160 your funds.
Top horse racing betting apps
My individual favourite platforms for betting on main horse racing gatherings these types of as the Derby are TwinSpires and FanDuel Racing. Listed here are the significant welcome promotions taking place throughout those people applications.
TwinSpires
TwinSpires supply code: HANDLERACING
$100 bonus for every $400 wagered up to a $400 reward
States out there: AL, AZ, AR, CA, CO, CT, DE, FL, ID, IL, IA, KS, KY, LA, MD, MA, MI, MT, NH, NY, ND, OH, Ok, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
Observe these quick measures to indication-up and generate the bonus with TwinSpires.
- To start with, click on listed here for the TwinSpires welcome bonus or use the module underneath.
- You are going to need to have to set up a initially time account with the application employing offer code HANDLERACING.
- The bonus is paid out in increments of $100, so you will have to have at minimum $400 wagered within 30 days to start earning.
The bonus needs you to strike a threshold of $400 or much more wagered inside 30 times to start off earning. Every single $400 wagered earns $100 in reward up to a most $400 bonus with $1,600 wagered in that timeframe.
The bonus money can be applied in the TwinSpires platform on any races you want and isn’t constrained to the Kentucky Derby.
FanDuel Racing
$500 No Sweat To start with Wager — AR, CA, DE, ID, FL, MN, MT, NH, NM, ND (21+), OR, RI, SD, WA (21+)
This acts as a to start with wager insurance policy for new shoppers in states that only give the FanDuel Racing app. You are going to use the module beneath or click on in this article to set up your account prior to Saturday’s race.
Position any genuine-funds wager on any race or observe to qualify for the No Sweat First Wager. If your wager wins, you revenue cash even though a miss out on is coated by FanDuel Racing up to $500 in racing credit history.
The racing credit rating will strike your account within 72 hrs and last for 7 days.
$20 No Sweat First Wager — AZ (21+), CO, IL, IN (21+), KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
The FanDuel states that also give sports betting can find a $20 no sweat guess regardless of whether you are a new or current client.
You are going to need to have to put a guess of any dimension on a one horse to gain the Kentucky Derby to qualify. If the horse wins, you profit dollars even though a skip is covered up to $20 in racing credit score.
The racing credit rating can be utilised within FanDuel racing right until June 10 so you could use the racing credit score on the Preakness Stakes or Belmont Stakes.
Other horse racing apps out there
DK Horse
States available (18+, sure states 21+): CA, CO, FL, IL, IN (21+), IA (21+), KY, LA, MD, MA, MN, MN, NY, OH, OR, PA, VA, WA (21+), WV, WY
Welcome provide: 100% Deposit match up to $250 reward
AmWager
States readily available (21+ for all AmWager states): AL, AZ, CT, DE, FL, ID, IN, IA, KA, KY, LA, MD, MA, MT, NH, NM, NY, ND, OH, Okay, OR, RI, SD, VT, VI, WA, WV, WY
Welcome provide: 100% Deposit match up to $150 bonus with deposit and wager
DRF Bets
States available (18+, selected states 21+): AL (21+), AZ (21+), AR, CA, CO, CT, DE, FL, ID, IL, IN, IA (21+), KS (21+), KY, LA, MD, MA, MI, MN, MT, NE, NH (21+), NM, NY, ND (21+), OH, Ok, OR, PA, RI, SD, TN, VT, VA, WA (21+), WV, WI
Welcome offer: Deposit $200, Generate $200 in bonus
TVG
States obtainable (21+ for all TVG states): AZ, AR, CA, CO, CT, DE, FL, ID, IL, IN, IA, KY, LA, MD, MA, MI, MN, MT, NH, NJ, NM, NY, ND, OH, OR, PA, RI, SD, VA, WA, WV, WY
Welcome present: First guess insurance coverage up to $100 bet
