Kentucky DerbyFri, 30 May 2008 13:42
Betting on the kentucky derby winner. Horse racing.The Kentucky Derby is an annual horse racing event in Louisville, Kentucky. It is usually held during the first Saturday of May during the two-week long celebration of the Kentucky Derby Festival. The breeds used in this event are first-grade three-year old thoroughbred horses that can run a two-kilometer race at the Churchill Downs' race track. It is also popularly called as "The Most Exciting Two Minutes in Sports" because the race is finished in approximately two minutes. The Kentucky Derby is considered to be the oldest sporting event in the Southern part of America and the second oldest sport in the country.
Of course, such popularity cannot be denied and betting in the Kentucky Derby soon reached cyberspace. There are a lot of sportsbook and racing websites that cater to Kentucky Derby fans all over the world. You only need to register with an online sportsbook and deposit the amount you want to bet with using any of the available payment solutions like credit cards, money transfer, e-wallet, e-check, and others. Registration is usually free although there are some sites that require membership fees. Online accounts are username and password-enabled so you need to be logged in to your account before placing bets.
However easy it is to bet online, there are general rules for thoroughbred horse race betting. It is important to note that in races, identification is not by the horse's name but by its saddlecloth number. In placing bets, you choose a particular horse and the race number where the horse is running. In case that you have placed a bet on a horse that is coupled, meaning that two horses of the same trainer are in a race, your entry would include the other horse in a race. So, if one of the horses gets scratched from the race, you still have a chance to win because you automatically still have the other horse on the race. All bets on any horse that gets completely scratched out from the race will be refunded. There are also special consolation prizes for those who bet in combination wagers in case a horse gets scratched in any part of the race.
Aside from these, there are other ways by which you can bet in the Kentucky Derby. You can bet using straight bets like win, place, across the board, and show parlay. For variation, you can try betting superfecta, exacta, or daily doubles. Aside from these popular options, there are other ways to bet on the Kentucky Derby. Check the horse racing guide in your sportsbook site which types of betting are available. Examine each for advantages and disadvantages so you get the best chances for your cash.
It would also be a good idea to read sports news about recent horse races and the latest Kentucky Derby to see which horses give consistent performance. Betting, even online, needs a bit of trick and know-how. Enjoy your Kentucky Derby experience sans the dust by betting on your favorite horse online.