Best Kentucky Derby Betting Sites

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.

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

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TwinSpires has a solid sign-up bonus if you are looking to wager on the Kentucky Derby. The app has great educational resources for new bettors and a strong live streaming service. There is also an extensive list of bet types for those looking to wager on the Derby.

FanDuel Racebook

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You can get a No Sweat First Bet to kick off getting your bets placed for the Kentucky Derby with FanDuel. The FanDuel Racing app offers live streaming of major events as well as great bonus offers for new users. Take advantage of the latest bonus as you get ready to wager on the Derby.

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

What are the best online horse racing betting sites?

If you are looking for a way to bet on the Kentucky Derby, apps like FanDuel and TwinSpires are great options as each allows you to bet on the Kentucky Derby with plenty of options for wagers.

Should I use offshore betting sites to bet on the Kentucky Derby?

It’s always safest to use legal and regulated sportsbooks or racetrack apps. These betting sites provide safety and security while having to adhere to strict guidelines. They are more trustworthy when it comes to finding the best odds, bonuses, and more for the Kentucky Derby.

How can I place a Kentucky Derby bet?

You can place your Kentucky Derby wagers at either online or retail locations. If you are at a racetrack there are kiosks or betting windows. If online, you can use the best legal racebook apps like FanDuel or TwinSpires to place your bets.

What types of Kentucky Derby bets are available?

There are plenty of odds and bets available for the Kentucky Derby including win bets, place bets, trifecta bets, superfecta bets, and more.

Do the top Kentucky Derby betting sites have promotions?

Yes. When you are Kentucky Derby betting online, you will find the best betting sites will have bonuses and promotions. Check out FanDuel and TwinSpires for their latest offers on their race betting platforms.

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written by

Sam hails from Grandville, Michigan. He has a rich sports background, including playing baseball at Central Michigan before covering high school sports and working with the Orlando Magic. He earned his broadcasting/journalism degree from Central Michigan University and was a member of the 2010 MAC Championship baseball team. Sam developed his expertise while working with Betsperts, Bleacher Nation, and 4for4 in various areas such as writing, social media, betting research, and business development. He's a big fan of the NBA, NFL, and MLB, highly interested in data and statistics.

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