One of the best things about working with an online sportsbook for all your sports betting needs is the fact that just about everyone of the top books in the online sports betting game today also offers an extended racebook for betting on horses.
With fast and easy access to over 70 horse racing venues across North America with added access to race tracks all around the globe, betting on horse racing at your favorite sportsbook is like having your own private turf club at your fingertips.
The first Saturday in May belongs to horse racing when it comes to betting action with the annual running of the Kentucky Derby at Churchill Downs in Louisville. This $2 million race marks the start of the Triple Crown horse racing season for the top three-year old thoroughbreds in the nation. Two weeks from this Saturday, the Preakness Stakes at Pimlico Race Course take center stage ahead of the Belmont Stakes at Belmont Park in early June.
The Kentucky Derby is still the crown jewel of this racing series as one of the most heavily bet sporting events of the year. While most of the offshore sportsbooks taking online action for the Kentucky Derby have already posted a set of futures odds to win, the fun really gets started once the post positions are set and the morning line betting odds are released. This traditionally takes place later in the week, but it has been moved up to Tuesday for this year’s race to give bettors a jump on things.
Some of the most basic bets that you can place at your sportsbook for this race are for the Win, Place and Show position. Betting the favorite ‘across the board’ will cash in a winning ticket as long as your top colt finishes in the top three. This year’s Kentucky Derby field is deep with talent and there could be as many as four or five horses with a legitimate chance to win depending on which expert handicappers you listen to.
If you are looking to sweeten the pot for a higher return on investment, betting an exacta could be the best way to wager on this race. To win this bet, the top two horses that you play must finish first and second. If you box the exacta, it does not matter which order they finish. For an even higher payoff, you can go with a trifecta bet by picking the top three horses and some books will offer a quinella bet which extends things to four horses. These last two bets are very hard to hit, but if a longshot or two gets worked into the mix, the payoff could be staggering on a minimal bet.
What most casual horse racing fans do not realize is that there is a full slate of major graded stakes races on the card at Churchill Downs ahead of the running of the Kentucky Derby. You can make an entire day of it or even a weekend if you add in a strong race card at Churchill Downs on Friday, including the $1 million Kentucky Oaks for the top three-year old fillies in the nation.
The racebook section of your online sportsbook will have complete details on how you can get in on all the action. Most books with also offer some lucrative bonus offers or promotions to help extend your betting dollar. There is also a full set of Kentucky Derby odds for betting on props and head-to-head matchups to add even more excitement to the most exciting two minutes in sports.