Win/place/show odds are standard options you will find at all of the best Kentucky Derby betting sites. Another way to bet on the Kentucky Derby online at Bovada is by placing exotic bets. Exotic bets include exacta, trifecta, superfecta, and quinella wagers. With these bets, you’re betting on the exact order in which the horses finish the race. Saturday’s $400,000 Lambholm South Tampa Bay Derby at Tampa Bay Downs is the signature prep for the 2021 Kentucky Derby Presented by Woodford Reserve at the Oldsmar, Fla., track and brings together.

1. Kentucky Derby betting can be one of the best ways to join in on the horse race betting fun for a newer bettor. So, here are some Kentucky Derby betting tips to help get your started on your merry.
2. Bet Now on the Kentucky Derby. The 147th Kentucky Derby runs on Saturday, May 1st, 2021. US Racing provides the earliest Kentucky Derby Futures odds of any website. If you see a horse you would like to be added, let us know and we might be able to get it added for you!

What does it mean when a horse offers odds of 3-1, or 9-1, or 24-1? The odds simply indicate the perceived chance of that particular horse reaching the winner’s circle. A horse listed at 9-1 is expected to lose nine times and win once from 10 attempts (10 being the sum of nine and one), which equates to a 10% chance of victory. A horses offering odds of 3-2 is expected to lose three times and win twice from five attempts, which represents a 40% chance of victory.

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The odds also determine the payoffs for win bets. A 6-1 winner will return $6 of profit for every $1 wagered.

Best Site To Bet On Kentucky Derby Results