Who wins the Preakness? And which underdog is a must-back? Visit SportsLine now to get Jody Demling's Preakness Stakes winner, see which long shot contends, and get the finish positions for every single horse, all from the expert who's nailed nine of the past 15 Preakness winners. An important disclaimer, though: Knowing the terminology doesn't guarantee you success in your wagers. Sometimes, ignorance is bliss You're betting on a horse to win the race.
Obviously, some of those are more challenging endeavors than others so, as is always the case with gambling, play the odds at your own peril. By Pete Blackburn. Oct 3, at pm ET 1 min read. Our Latest Stories Sam F. Your horse could finish fifth at the Kentucky Derby, but the other horse has to finish sixth or worse for you to win your bet.
Horseplayers can get their Kentucky Derby betting action down early, and at fixed and often generous odds. If the horse you bet on fails to make it to the Kentucky Derby, you can rip up your ticket before they open the gate. Similar to a parlay bet, this is a group of racing bets.
A Pick 3 means you have to select the winner of three races in a row, while a Pick 4 means you have to predict four successive winners. A Pick 6 is for the more advanced bettor because you need to guess the outcome of six consecutive races. For beginners, we recommend making a daily double bet. An exacta bet is a common Kentucky Derby bet that has you choose the top two horses of the Kentucky Derby in the correct order. Also known as a perfecta bet, an exacta bet is a step up from your traditional win, place, show bet.
Aside from the traditional exacta bet, you can also make an exacta box bet and an exacta key bet. For a more advanced type of Kentucky Derby betting, trifecta betting is a great starting point. Winning a trifecta bet means getting the three best horses in the Kentucky Derby in the exact order. Trifecta betting is a notch above exacta betting and comes with more risk, but you can make a larger profit on a trifecta bet if the horses you selected place in the correct order at the Kentucky Derby.
A Superfecta predicts the first four horses in the correct order, and a Super High Five predicts the first five horses in the correct order. The payoff will be the same. Yes, you can bet on the Kentucky Derby. Eligible three-year-old thoroughbreds compete in the Road to the Kentucky Derby, a series of prep races around the world, and win points for finishing in the top four spots.
The 20 horses with the most points at the end of the series gain entry into the Kentucky Derby. Sometimes horses will scratch, giving another horse the opportunity to run. Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited.
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For all the information that you may term to be very useful to you or the one that you will require so that you can bet responsibly, you have to view here as it has been explained for you already. Click here then get the list of horses which are going for that competition then investigate to know the one that you will bet for and expect huge wins.
As you read more now, it will be very necessary that you be open-minded and focus on other sources of information as well as long as they are very effective. Click for more details on where you can get the odds, how betting is done in general and lastly the most appropriate time that you can engage in the betting exercise.
Something else that you are supposed to familiarize with about the Kentucky Derby is the betting markets. You can either decide to go for the straight betting markets or the exotic ones. About the differences between these two, is that for the former, you have to bet according to the order in which the horses will pass past the finishing line while the later is on the position that each will take.
The steps that are involved in placing a bet for a direct market include that of pointing out to the right one, picking it and them placing your bet. Despite the fact that I know nothing about the horses racing in the Kentucky Derby, I do know Nyquist is favored to win. In fact, his odds are 3-to I actually know nothing about sports betting. But I do know these odds are supposed to be good. So how exactly do the Kentucky Derby odds work , and what does 3-to-1 — or 5-to-1 or to-1 — mean?
First things first: in order to understand how odds work, one must first understand what type of odds they are looking at — American odds, fractional odds, or decimal odds. Yes, there are three completely different systems! In the case of the Kentucky Derby, fractional odds are being used. How do I know this? Well, fractional odds can easily be identified by their use of a dash or a backslash, according to Online Gambling. But what do the numbers mean, and how are these numbers determined?
The good news is the former question is actually pretty easy to answer, and I will use Nyquist as an example. Nyquist has 3-to-1 odds.
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