Kentucky Derby Betting

Kentucky Derby Betting
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So, even though we are still deep into winter, it is never too early to start thinking about Kentucky Derby betting. When placing your bets on a major sporting event like the Kentucky Derby, you will want to make sure you have all the information you need. And, this guide will help you learn everything you need to about this fun and exciting sporting event in order to place the bets that have the best chances of making you a profit.

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Kentucky Derby Betting Recent History

Now, if you are going to be able to place your winning bets when Kentucky Derby betting, you will want to know a bit about the recent history of the event. So, we will look into the Kentucky Derby that took place last year in the year 2019. That way, you will have the most recent information available about how the major horse racing event went down.

The one hundred and forty fifth running of the Kentucky Derby took place on Saturday May 4th, 2019 in Louisville, KY. The major horse racing event had twenty Kentucky Derby horses who had qualified to participate by earning the required amount of points on the road to the event. Plus, in 2019, the purse, or prize, for the winner of the horse racing event increased from $2 million dollars to $3 million dollars.

At the finish of the Kentucky Derby, there was a controversy amongst the Kentucky Derby entries. Although the horse Maximum Security technically crossed the finish line first, the horse was eventually disqualified when it was determined Maximum Security had served into the path of other Kentucky Derby horses War of Will and Long Range Toddy. That meant that Country House, who was considered a long shot amongst the Kentucky Derby entries, was awarded the ultimate prize in the Kentucky Derby 2019.

A History of the Kentucky Derby

Another important factor when looking into Kentucky Derby online betting is the actual history of the major horse racing event. This year will mark the one hundred and forty sixth running of the Kentucky Derby. Traditionally, the Derby takes place on the first Saturday of May in Louisville, Kentucky, as its name would suggest. 

The Derby is often referred to as the most exciting two minutes in sports or even the fastest two minutes in sports because of how short the actual event itself is. The Derby is the first leg of the American Triple Crown, which is then followed by the Preakness Stakes, and that is followed by the Belmont Stakes. The Kentucky Derby has been held without fail or interruption every year since 1875, a rarity among sporting events and even horse racing events.

The Kentucky Derby was first broadcast live on the radio on the 16th of May in 1925 on WHAS as well as WGN. And, the Derby was first broadcast live on television starting on the 7th of May in 1949 on WAVE-TV, the NBC affiliate in Louisville, Kentucky. The fastest time that the Derby has ever been run occurred in 1973 when the famed horse Secretariat broke the then-record set by Northern Dancer in 1964. The record time of 1:59.4 by Secretariat has yet to be beaten in the thirty six years since.

When Will the Next Kentucky Derby Take Place?

Of course one of the most important things you need to know when online Derby betting is when the next Kentucky Derby will actually take place. Now, as we said before, the Kentucky Derby always takes place on the first Saturday in May. So, the next Kentucky Derby will take place on Saturday, the 2nd of May, 2020 in Louisville, Kentucky as usual.

Kentucky Derby Traditions

One of the most fun parts about Kentucky Derby betting is looking into the traditions of the historical and famous horse racing event. So, we will look into the traditions that have formed during the almost one hundred and fifty years of Kentucky Derby races in this section. Here are some of the traditions that have stood the test of time with the Kentucky Derby:

  • The Garland of Roses

The Garland of Roses has been part of the Kentucky Derby traditions from the year 1896 onward. The Derby is also known as the “Run for the Roses” because of the garland of roses that has now become synonymous with the race that is draped over the winner. The red rose became the official flower of the Derby starting in 1904 and has been a symbol associated with the major horse racing event ever since.

  • The Mint Julep

It has been almost a century since the Mint Julep has been named the official drink of the Kentucky Derby. A Mint Julep contains Bourbon, mint, sugar, as well as water, plus it is served in a sliver or even a pewter cup. As Kentucky is a major maker and distributor of Bourbon, the drink has remained popular in the state for quite some time. The actual origin of the famous drink is still uncertain, but the Mint Julep became the official drink of the Kentucky Derby starting in 1938.

  • The Twin Spires

The Twin Spires stand on top of the Churchill Downs’ grandstand roofline where the Kentucky Derby takes place. The Spires were constructed in 1895 by a then 24-year-old draftsman named Joseph Baldez. Who did not have initial plans for the spires, but felt the structure needed a feature to give the grandstand an even more striking appearance. The Twin Spires are an attraction all on their own for those coming to see the running of the Kentucky Derby.

  • Kentucky Derby Hats

The tradition of wearing flamboyant headgear to the Kentucky Derby dates all the way back to when the event first started back in the year 1875. Back then, horse racing and race tracks had the reputation of being immoral. The race founder, Colonel Meriwether Lewis Clark Jr., wanted to make sure he had a favorable crowd at the event, so he insisted on the addition of some aristocratic flair to the horse racing event. Clark wanted high society women to tell those around them about the horse racing event. His encouragement worked and members of high society flocked to the horse racing event in droves and continue to do so to this very day.

How Do Horses Qualify for the Kentucky Derby?

In order to qualify as Kentucky Derby entries, the horses have to earn enough points on The Road to the Kentucky Derby. The Road to the Kentucky Derby is a points system in which horses are able to qualify for one of twenty available positions at the starting gate for the Kentucky Derby. The Road to the Kentucky Derby features dozens of stakes races for both 2 and 3-year-old Thoroughbreds to compete in order to qualify for the Derby.

How to Bet on the Kentucky Derby

So, if you are looking to break into Kentucky Derby betting, one of the biggest questions you will have is how to go about placing your bets on the major horse racing event. Now, one of the biggest factors when placing a bet on an event like the Derby is making sure you are of legal gambling age in the state where you reside. That way, you should be able to place your horse race bets without that being an obstacle in your way.

Bet on horses online

Plus, you must also make sure you are in a state where horse race betting is legal. Also, some states have legal horse race betting at racetracks, but do not allow for legal horse race betting online. So, if you were hoping to engage in Kentucky Derby online betting, you will need to make sure you are able to in your state. 

Of course, the most exciting way to place your bets on the Kentucky Derby is to place your bets in person at the Derby racetrack. However, if you are unable to place an in-person bet at the Kentucky Derby you should also be able to place a bet at other racetracks in your own state that have racebooks available for out of state horse races. Plus, there are online horse race betting websites where you will be able to place your Kentucky Derby bets.

Where to Bet on the Kentucky Derby Online

When looking into online derby betting, you will want to make sure you find the best online horse race betting sites possible. But, you should always check to make sure that you are eligible to create an account on the horse race betting sites that are best. So, we will look into the online racebooks you should check out for your Kentucky Derby online betting needs,

The best online horse race betting sites are:

  • BetAmerica

With the BetAmerica online betting site, you can place your online sports bets as well as your online horse racing bets. There are two sections for the BetAmerica betting site, one for sports betting and one for horse racing. Plus, BetAmerica has lots of promotions available that you can take advantage of for your online horse race betting needs. And, you can even place your online horse race bets from the BetAmerica app if you have an Android device or an iOS/iPhone device.

  • TwinSpires

As you may guess from its association with the Twin Spires name, TwinSpires is a leading online horse race betting website. You can place your bets on the go from an Android device or an iOS/iPhone device using the TwinSpires app. Plus, you can take advantage of the lucrative welcome offer when you create your online horse race betting account.

  • TVG

TVG is another great online horse race betting website. Plus, with the launch of their new app for both iOS/iPhone devices as well as Android devices, users can check their scores and place their bets from wherever they go in the state. And, new users will be able to look into the sign-up offer available from the online racebook to make the most of their bets.

Where to Watch the Kentucky Derby Live

Now, if you are going to get into Kentucky Derby betting, you will definitely need to know where you can watch the premier horse racing event live. And, luckily for you, the event is broadcast live on NBC Sports in the United States. But, if you do not have cable, you should be able to access a Kentucky Derby live stream on the NBC Sports website and mobile app.

In addition, the Kentucky Derby official website also offers a Kentucky Derby live stream as well as video clips to keep fans up to date on the action. And, some of the best online horse race betting sites will also offer Kentucky Derby live streams for you to take advantage of. Or, you can also go to a brick-and-mortar racetrack that offers the chance to watch the Kentucky Derby live and even place your bets.

Kentucky Derby 2020 Predictions

So, if you are going to be successful with your Kentucky Derby betting, you will want to look into the Kentucky Derby 2020 Predictions that have already been made. However, it is important to keep in mind that these predictions are still very early as the Derby takes place in May of 2020. Which means, you should keep checking predictions and news all the way up to the major horse race event in 2020.

As of right now, experts have mentioned a few different horses as possible frontrunners for the Derby in 2020. These horses are Dennis’ Moment, Anneau d'Oro, Maxfield, as well as Tiz the Law. However, there are also other horses that experts have speculated will appear in the Kentucky Derby in 2020. 

Now, it is extremely important to keep checking back as these standings change throughout the beginning of 2020. Plus, you will want to keep an eye out for any news on these horses as an injury can occur at any moment. The more prepared you are, the betting you will be when it comes to Kentucky Derby betting.

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