Betting on the Kentucky Derby is a fun activity to do. But, before you start making your bets, you should know how to do it right. In this article, we will discuss various bets, including Exacta bets, Superfecta bets, Daily doubles and Trifecta bets.
Exacta bets
Exacta bets are one of the most popular betting options for horse race fans. They allow gamblers to wager on two horses to finish in a specific order. This is a great way to make money on the Kentucky Derby.
There are several types of exacta bets to choose from. Depending on the track, these bets vary in terms of payouts. Choosing the best bets can increase your odds of winning. But choosing the wrong combination can cost you your hard-earned cash.
A trifecta is another way to bet on multiple horses. It’s similar to an exacta, but costs more and offers greater odds. When betting on the Kentucky Derby, it can be a wise choice to bet on three or four horses, especially if your first bet is a straight bet. The higher the number of horses you bet on, the bigger the payoff.
In addition to these three, you can also bet on the horse to win, place and show. This is a good bet if you are new to betting on horse races.
One way to find out what your odds are for an exacta is to look at the scoreboard. Most tracks display the payouts for different kinds of exacta bets.
Another useful tool is the exacta box. An exacta box is a form of a trifecta that is more flexible than a straight exacta. You pick two or more horses to bet on and can either pick the order or not. Your wager will pay out if any of these horses finish in first and second.
These bets are also a fun way to increase your odds of winning. The odds are based on the amount of money you are willing to invest in your bet. If you have a good strategy, you can earn more than you invest, and if you bet the Kentucky Derby correctly, you could reap big rewards.
Lastly, there are several other bets that aren’t exactly exactas. Some include the quinella. Like the trifecta, this is a bettor’s favorite. However, it’s a bit less common than the trifecta.
Trifecta bets
For Kentucky Derby bettors, trifecta bets are all the rage. The trifecta is a wager which covers three horses, in the order of their finish.
Trifecta bets on the Kentucky Derby can be placed via a variety of ways. The most common way is via a straight bet. This type of bet is a bit more expensive, but is more rewarding.
Another option is the superfecta. In this case, the horse you bet on must finish in the top four. There are hundreds of thousands of superfecta combinations to choose from. You can also box your favorite for better returns.
The win bet is also an important wager for Kentucky Derby bettors. A win bet is a wager on the top-rated horse to win the race. It is typically the first bet made by newbies.
Exactas are a little more complex. In an exacta, you must pick the two top-finishing horses in an exact order.
A superfecta is similar, but it requires four of the top-four finishers in an exact order. These are commonly referred to as “the tops.” Depending on the amount of money you bet on each of the four, your payoffs may vary.
To make a winning trifecta bet, you must pick all three of the winners in a specified order. Some races allow boxing exactas.
An exotic wager is another option for Kentucky Derby bettors. It is based on the amount of money you bet into each pool. It can have huge payouts.
The trifecta is not for the faint of heart. As such, you may want to avoid it. But if you are a true betting fan, this is the perfect choice. Plus, you get a nice bonus for winning.
Choosing the right betting strategy for the Kentucky Derby is not always easy. However, it is certainly worth the effort. You can start by using boxed picks to plan your strategy. Also, check out live streaming for all races. Lastly, remember to keep your risk factor in mind as you bet on the Kentucky Derby. If you want to make a profit, you must be willing to bet on the best horses.
Superfecta bets
If you want to make a big wager on the Kentucky Derby, you’ll want to learn about some of the best Superfecta bets you can make. These are essentially wagers that allow you to bet on the order of the first four finishers in the race. Unlike most types of bets, Superfectas are the only wagers that pay out if the horses finish in a certain order.
The Kentucky Derby is considered the most prestigious horse race of the season, and the first jewel of the Triple Crown. Many tracks offer $0.10 superfecta wagering for this event. You can find these betting options online. This way you can bet on the Kentucky Derby from the comfort of your own home, and it’s legal to do so in New Jersey.
You can bet on the Kentucky Derby using a debit card, credit card, or through your bank account. Once you’ve made a deposit, you can start playing. In addition to the traditional bets, you can also play on the secondary horses.
Most racing tracks also have daily double bets available. These are a great way to win some big money if you catch the right horses. For instance, if you pick the winner of back-to-back races on Derby day, you can win up to a million dollars. However, these bets aren’t offered on every race.
Alternatively, you can make a trifecta bet. This requires you to select three horses in exact order. It’s more expensive than an exacta bet, but it’s well worth it. Typically, the odds are much better for the longer odds horses, so you’ll get more bang for your buck.
You can also bet on the favorite or the exotic. Both of these bets have huge payouts, but they’re harder to predict.
An Exacta is another bet that involves picking two runners in an exact order. When paired with other horses, the favorites can be more difficult to pick. That’s because they have the most money bet on them. As a result, they tend to pay less. On average, $1 superfecta bets at the Kentucky Derby have paid out $76,893 from 2010 to 2020.
Daily doubles
The Kentucky Derby is one of the most watched races of the year. For many, it is a chance to get reacquainted with horse racing. To be a successful bettor, it is important to consider a few factors when choosing a horse.
When picking a horse for the Kentucky Derby, it is important to consider its past performances. It can also be helpful to find out which tracks the horse prefers. You can watch YouTube replays of previous races to get a feel for the racer’s strengths and weaknesses.
Daily doubles are a popular option for horse bettors. They allow for a high payout if a long shot wins, but they are less expensive than exotic wagers. Most tracks require a $2 minimum wager on the daily double. Some offer lower minimums of $1 or $0.50.
Daily doubles are most commonly offered for the first two races of the day. However, some racetracks, like Sam Houston Race Park, offer rolling daily doubles. This means that you can bet any number of horses in the second race.
Daily doubles are a great way to expand your time at the track. You can choose the exacta or the superfecta for a bigger payout. Both options can be combined with other types of bets to increase your winnings.
Part-wheels are another type of daily double. Picking several horses for each leg can reduce costs, but it can also increase risk. These bets pay out if any of the selected horses wins the first race. If a horse is scratched, you are entitled to a refund.
Superfectas are a more complex form of daily double. This bet requires picking all of the horses in the correct order of finish for the back-to-back races. There are several options to make a superfecta, including betting on all of the horses or selecting a specific horse for each leg.
For most bets, the track will hold back a portion of your money to pay expenses. In addition, you may also receive a consolation payout if you win. This is usually a much smaller amount than the full payout.
