Planning To Bet on The Kentucky Derby 2022? Here’s How To Do It

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    Kentucky Derby
    Photo by Jeff Griffith on Unsplash

    The Kentucky Derby, dubbed “the most exciting two minutes in sports,” is the most popular horse race in the United States. If you’re a sports enthusiast or a bettor, you’ll be interested in this race. It’s like the NFL’s Super Bowl for horse racing.

    With betting records, live attendance, and Derby television viewership all at record highs, it is evident that The Sport of Kings has piqued the attention of the casual fan in the Kentucky Derby. The betting handle increased from $79.4 million to $153.66 million between 2020 and 2021. An all-time high record of $165.6 million bets was placed in 2019.

    Planning To Bet on The Kentucky Derby 2022? Here’s How To Do It?

    This year, we’re going to assume that you’ll be placing your wagers from the comfort of your own home. Many states had already permitted online horse racing betting before the Supreme Court overturned the federal ban in 2018. That number has only risen in recent years as even more states have legalized all forms of sports gambling.

    Betting Necessities You Should Know First

    Be sure to take recent races, percentage of wins this year, and excellent margins of victory into account when placing your wagers. In the Kentucky Derby, a one 1/4-mile dirt race, winning by more than three lengths is considered a success.

    Always double-check your tickets before leaving the betting window so that you don’t miss out on any of your desired outcomes. Some tracks allow you to change your ticket after you’ve left the window, as long as it isn’t too close to the post time or there isn’t a huge queue. Alternatively, if you have concerns about the live Kentucky Derby lineup, you can ask a track employee or a mutuel clerk. 

    After the race is over and before the payoffs are posted, it’s a good idea to ask a mutuel clerk a question.

    Most first-time bettors choose a horse with a high probability of winning. Bet across the board if you’re going to do that, and even if the horse loses, you’ll still get some money back. Multi-horse wagers such as exactas and trifectas are trickier — don’t be the person who spends the entire day complaining about how much they enjoyed the big-priced winner but how the 4-5 favorite destroyed the wager by failing to finish second.

    Placing Your Bet: Step by step Process.

    A large portion of Derby’s wagering takes place online. It’s not hard to discover a horse racing betting site these days since they’ve popped up all over the internet since the sport first gained widespread attention. Moreover, below is a four steps process for placing your bets online.

    STEP 1: Choosing a Racebook

    Finding the best Kentucky Derby betting sites is essential to maximize your success in earning money during the race. When you place a horse racing bet, you go to a racebook. Numerous betting sites for the Kentucky Derby are dependable, secure, and up to high standards. The Kentucky Derby has several betting options.

    Inquire about deposit and withdrawal methods, customer service, reputation, and any bonuses that may be available by the horse racing betting sites you’ve chosen to place your wagers at. Check out the guide to horse racing websites to find the best Kentucky derby lineup for you! 

    STEP 2: Get Started

    It’s easy to get started as logging in requires a couple of minutes. You must provide your information, such as your name, e-mail address, deposit account details, and date of birth, to prove your age. Wait for an e-mail or a link to confirm your entry after providing all the necessary information. Your first Kentucky Derby wager will be available to you after the registration procedure is complete.

    STEP 3: Place a Deposit

    You get to decide how much money goes into your account. Depositing your preferred racebook requires choosing a method that works best for you.

    All major credit cards such as Visa, MasterCard, American Express, and e-wallets such as Paypal, Neteller, and Skrill can be used to make deposits within most online betting sites. Even cryptocurrency is accepted in several online sportsbooks. You’ll see a lot of betting sites that accept Ethereum, Litecoin, Dash, Bitcoin, and, as well as other cryptocurrencies.

    STEP 4: Decide on a wager

    Select Churchill Downs as your racecourse. Pick the Kentucky Derby’s race number and your horse. Your desired type of bet is up to you, so pick wisely! Confirm your bet slip by entering the amount you wish to wager. 

    Wager Strategically!

    As America’s most popular horse race, the Kentucky Derby attracts many new bettors with no prior knowledge of horse racing. If that’s the case for you, you don’t have to worry. To win, you only need to know a bit of the various bets you can place along with a little bit of technique.

    You’ll have the best chance of winning if you research the horses’ previous performances. A race program, available at the track where you bet or from various internet sources, can provide you with this data. Also, pay attention to the distance of the race. Try to search for horses that haven’t shown a tendency to weaken in long races but instead have demonstrated an inclination to improve as the race nears its end.

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