Types Of Wagers For Kentucky Derby

You win the wager if your horse finishes first, second, or third. Example: 2015 Kentucky Derby payoffs: $4.20, $5.40, and $4.20, for $2; Because of the difficulty of a win wager, it will yield the highest payoff of these three wagers. How to Wager at Churchill Downs Racetrack. Known as the home of the Kentucky Derby and the Kentucky Oaks, Churchill Downs Racetrack conducts Thoroughbred horse racing in Louisville, Kentucky. The Pick 5 is one of the best wagers on the menu at Churchill Downs. With its low 15% takeout rate and $0.50 minimum, the Pick 5 can be a lucrative wager for beginners and experts alike. But with five races in the equation, betting the Pick 5. Win, place, and show are the three most common types of wagers, and ones that even beginner betters can remember. Kentucky Derby Guide - 05 TYPES OF WAGERS Straight Bets These are the most basic of bets in horse racing – Win, Place or Show. Two categories of wagers are available in horse racing – straight bets and exotic wagers. Don’t get excited when you see the word exotic, those bets are just combina-tion wagers.

Although many view betting on horse racing a bit complicated, the key is to get the wager types down to make the process easier, especially when it comes to placing your bets. Before the next horse race comes around, keep in mind the following wager types.

Win, place, and show are the three most common types of wagers, and ones that even beginner betters can remember. Win means that you’re betting the horse is going to come in first, place means that you’re betting that the horse is going to come in first or second, and show means you’re betting that the horse will come in first, second, or third.

Types Of Wagers For Kentucky Derby

An across the board wager means that you’re betting that the horse will win, place, and show, Essentially it means that you’re placing three bets in one, which means three times the wager. For example, if you’re betting $2 – which is usually the minimum at many race tracks – you would bet $6 rather than just $2. If your horse comes in first, you win all three bets, and for second place, you’ll win the place and show bets. For third place, you’ll win the show bet.

Types Of Wagers For Kentucky Derby

You choose two horses to come in first and second, but in any order. For example, if you bet on Horse A and B, you’ll still win whether Horse B comes in first or second.

The Exacta bet is the same as the Quinella bet for one exception: the horses you choose have to finish in order. For example, if you bet on Horse A and B in that order, you’ll only win if Horse A comes in first and Horse B comes in second.

The Trifecta wager is similar to the Exacta bet, you’re just throwing a third horse into the mix. You have to pick three horses and choose in what order they’ll finish for the first, second, and third place spots.

The Superfecta wager is just like the Trifecta, but this time there’s also a fourth horse included. You’re betting on who will finish in first, second, third, and fourth place and in order.

Bet Kentucky Derby

Now that you have the basic and “exotic” wagers (Quinella, Exacta, Trifecta, and Superfecta) down, you are all set on how to bet on the Kentucky Derby for Saturday, May 2nd, 2015.

The Kentucky Derby