Kentucky Derby Betting Guide

The Kentucky Derby is the first jewel of the Triple Crown and every year dreams are made on the first Saturday of May. While the race is titled “The Most Exciting Two Minutes In Sports”, nothing is more exciting than picking the winner of this big race.

Here are some key tips to help you win the big race in our Kentucky Derby Betting Guide:

Kentucky Derby Facts

1. Longshots Are Longshots

While everyone wants to reap the rewards of a big payday, the truth of the matter is that the longshots are a longshots for a reason. They simply are underdogs because they don’t usually win. We’ve had a few cases like Donerail, who won as a 90-1 underdog and Mine That Bird, who shocked the world with a 50-1 return, but the reality is that swinging for the fences in these cases is like playing the lottery: the prize is great but your odds of winning are small.

Play it smart and bet somebody that the experts believe in.

2. Bet With The Crowds

Speaking of the experts, it is a good idea to bet with them. If you see the money pouring in on a horse and the odds are dropping, there is a good chance that somebody smart is laying a big bet on the hors, and that somebody probably knows a lot more than anyone else.

The wisdom of the crowd is a big force to how the internet works nowadays and in the financial marketplace. The marketplace moves with the crowd and while following the herd isn’t always advisable, this is one case where it is.

3. Bet To Show

You could bet on a horse to win and make a big payday, you could be on a horse to place – the horse can finish first or second and you win your bet – and earn a little bit less money, or you could be on your horse to show – you win the bet if the horse finishes first, second or third – and earn even less money.

While it’s true that you win less money when you bet the horse to simply finish in the top three, the reality is that the you increase your chances of winning the bet when you give the horse more opportunities.

As they say, it’s better win than to come close and win nothing.

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