Best Kentucky Derby Betting Sites

Horse racing has a long betting history as bettors have enjoyed watching major events like the Kentucky Derby for years. As you look to get in on the action as you watch the Kentucky Derby, you’ll need to know the best sites that offer betting options for the Derby. Here’s what you need to know about the best Kentucky Derby betting sites.

Legal Kentucky Derby Betting Sites and Apps

If you are looking to wager on the biggest event in horse racing, a couple of the premier options are FanDuel and TwinSpires. Here’s a quick look at the latest promotion for each of these legal online racebook apps and how to get started with a bonus.

TwinSpires

Twinspires is offering new customers up to $400 in bonuses when they register ahead of this year’s Kentucky Derby. The bonus has a 4x wagering requirement, with $100 credited to your account for every $400 you wager. In total, $1.6K in bets is required to get the maximum bonus.

This offer is available in 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, and WY.

FanDuel Racebook

At FanDuel, there are two different sign-up bonuses available. The one you receive is entirely dependent on your state. All states, even those that do not have legal online sports betting can claim up to $500 in bonus bets through a No Sweat First Bet.

Why Choose Legal Sites and Betting Apps?

As you get ready to bet on the Kentucky Derby, you wonder why should I use a legal and regulated site. Here are some of the reasons you should choose the best and legal betting options for horse racing betting or sports betting. Don’t bet on the bet two minutes in sports unless it’s with a legit option.

Customer Support

The top horse racing apps like FanDuel and TwinSpires have solid customer support. The best betting sites will usually have 24/7 support to help out bettors if there are any issues while betting online. If you are using an app that has terrible customer service, it will significantly hurt the betting experience.

Security and Regulated

If you’re placing bets on the Kentucky Derby, it’s crucial to use a trustworthy website that has a proven track record of handling customer information with the utmost confidentiality and care.

The recommended Kentucky Derby betting sites mentioned earlier are authorized and regulated in legal betting states. They take necessary measures to safeguard your personal information.

Welcome Bonuses and Promotions

One of the best things about placing your first wagers is that reputable and legit racetrack apps will have bonuses. Regulated and top betting sites have the best bonuses for you to bet on the Kentucky Derby. Check out the latest offers so you can claim bet credits, No Sweat First Bets, and more when you register.

Banking Options

If you are going to be depositing your hard-earned money, you want to have a lot of options that are safe and secure. The best sites to bet on Kentucky Derby races will have many popular methods so you can find the best way to deposit and withdraw your money.

Understanding Horse Race and Kentucky Derby Odds

When considering betting on thoroughbred horse racing, you may come across odds presented in different formats, such as 7-1 or 7/1. Both of these indicate the same odds of 7 to 1. If you wager $100 and win, you would receive $700 in winnings, and the total payout would be $800 as your original stake is also returned.

While it’s not common, you may also encounter American odds, such as +700, which also represent 7 to 1 odds of winning. However, the 7-1 or 7/1 format is more prevalent in horse racing. Regardless of the format used, +700, 7-1, and 7/1 all refer to the same odds of 7 to 1 for the bet.

Kentucky Derby Online Bet Types

When looking at potential Kentucky Derby bets, it would be helpful to understand what online wagers mean. Here’s a look at some of the top bets you will see on betting sites for the Kentucky Derby.

Win

This is a simple wager for Kentucky Derby bettors. You are betting on a particular horse to win. You pick one horse and if they finish first, you win. These are the most common Kentucky Derby betting odds you will see. Pick a winner and get ready to watch the race.

For example, for this year’s Kentucky Derby, Angel of Empire is listed with odds of 8/1. If you bet $100 and they win, you would win $800.

Place

For a place bet, you are wagering on if the horse will finish second or better. Your horse can finish second or win the race for you to get the payout.

Show

On a show bet, you are wagering on if the horse will finish in third place or better. You receive a payout and win if the horse finishes first, second, or third.

Exacta

For an exacta bet, you are betting on which horses will finish first and second in the correct order. You only win the bet if the horses finish in the correct 1-2 order you bet on.

Quinella

Like an exacta bet, a quinella is betting on two horses to finish first and second. For this bet type, it doesn’t matter what horse wins. You just need your two horses to finish in the top two.

Trifecta

A trifecta bet takes it up a notch. For this type of bet, you are betting on three horses to finish first, second, and third in the correct order. A difficult bet as you need to get the perfect order for the top three of first, second, and third.

Superfecta

One of the most difficult bets of all is the superfecta. For this bet, you are betting on what horses finish first, second, third, and fourth in the correct order. You are picking four horses and the perfect order when betting on the Kentucky Derby at Churchill Downs in Louisville.

Kentucky Derby Futures

If you are looking to bet on the Kentucky Derby early, there are usually futures available for Kentucky Derby wagering. For example, you can bet on what horses will earn a spot at the starting gate or what horse will win the Derby. Futures are extremely common in online sports betting as bettors try to get great odds early on when betting on horse races.

Best Kentucky Derby Betting Sites FAQs

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