Read More Why bet on the Kentucky Derby when you can. You have to bet before the next race.) There are a total of 13 races scheduled at Churchill Downs for Derby Day. Don't be scared to bet. You can sign up to KentuckyDerby.com or at any betting websites affiliated to Kentucky Derby. Signing up to these betting websites will make your life easier, allowing you to choose the right bet. They also have free online streaming features that allow you to bet via live streaming so you can stay tuned and get advance information about the game.

The 146th Kentucky Derby was supposed to take place on the first Saturday of May at Churchill Downs. But, because of the coronavirus pandemic or Covid-19, “The Run for the Roses” will be moved on September 4 and 5.

With that, the contenders, as well as their trainers and jockeys, will have more time to plan for a great strategy to bring home the victory. Aside from them, the bettors are also waiting for the “Fastest Two Minutes in Sports.” They are excited to know who’s going to win the title and whether or not it’s their season to win the bet.

If you are one of those horse racing fans who are going to wager on their favorite colt, here are some of the essential things to know before betting on the 2020 Kentucky Derby.

Types of Bets

Betting on horse racing is fun and exciting. The bettors’ thirst to win is as much as the desire of every contender to bring home the championship title. In order to have a bigger chance to succeed in horse betting games, you should know the types of wagers you can make in a single horse race.

With that said, here are some of the types of bets you’ll encounter during the 146th Kentucky Derby season.

Win-Place-Show Bets

The first type of bet in this list is the Win-Place-Show bet or also known as the “Across the Board” bet. Here, the bettors will choose a single Colt to finish first, second, or third at a particular race.

Furthermore, if you want to get a higher payoff, you should choose the “win” wager and get paid if your chosen horse will win the race. Besides that, there’s also what they call a “place” wager where you’ll get paid if the horse took the first or second place– but obviously with lower payoff than the win bet.

Lastly, you can also choose the “show” wager. It has a lower risk than the win and place wager but also has a lower payoff. When betting in a horse race with this type of wager, you should pick the colt who you think will get into the top three.

Exacta Bets

If you have done the win, place, and show wagers last season, you may want to try exacta bets for this year’s Kentucky Derby. It might be more difficult compared to the first one, but it has a higher payout.

In this type of bet, you will choose a minimum of two colts who you think can finish first and second. These contenders must win the first and second place — in exact order — for you to win the wager. On top of that, the minimum bet for an exacta is only two dollars ($2).

Trifecta Bets

Another type of bet that you should try is the trifecta. This bet is like an exacta, but instead of picking two contenders, you’ll have to select three horses that can be the top three finishers in exact order.

However, if you find it difficult to win a trifecta bet, you can have a boxed trifecta wager. With this, you’ll win the bet if your horses can take the first, second, and third place in any order. Furthermore, the minimum bet for a trifecta wager is 50 cents and for as low as three dollars ($3) for a boxed trifecta bet.

Where, When, and How to Place a Bet on Kentucky Derby

One of the good things about the Kentucky Derby betting is that you don’t have to be at Churchill Downs to place a bet. You can even put a wager online or at the nearby racetrack from your area.

In betting for “The Fastest Two Minutes in Sports,” it will be up to you when will you place your bet — but be sure to get it in before the window closes. Moreover, you can also check the odds posted for the Kentucky Derby so that you can wager on it in advance. However, you should keep in mind that these odds will continue to change until the Derby day.

On the other hand, if you have plans on placing your bet at the Churchill Downs, here’s a rundown of what you need to prepare when you’re at the window for each wager.

• Name of the Race Track
• Number of the race you are going to bet
• The amount you want to wager
• What type of bet
• Number of the Colts included in your wager

Takeaway

Unexpected things can happen in just a glance, and the spreading of coronavirus is one of them. Because of the chaos brought by this pandemic, the schedule for the 2020 Kentucky Derby will be postponed from the first Saturday of May to the fifth day of September.

With this, bettors will have more time to choose the best colt who will run on the 146th Kentucky Derby at Churchill Downs. Moreover, if you are new to horse betting games, the things mentioned above may help you start placing your bet for the famous Run for the Roses.

It’s Kentucky Derby day! The Kentucky Derby is firmly ingrained in the betting culture of the United States. The Derby is the second most bet on sporting event in the country in a typical year, next to only the Super Bowl.

I know there are plenty of Americans who will be making their first bet online for this years Kentucky Derby. For this reason I wanted to create this guide to provide a simple step by step “how to” guide for new bettors to get some action on the Kentucky Derby.

On this page you will find our top rated betting site for the Derby, some early Kentucky Derby odds and a 3 step guide to getting your Kentucky Derby bet placed online within minutes.

Best Kentucky Derby Betting Site for Americans

BetOnline is our top rated site for betting on the Kentucky Derby. They have a terrific, easy to use racebook and they jack up horse racing profit limits to $100,000 for the Derby.

I will be using BetOnline for both the odds and the “how to guide” for betting on the Kentucky Derby below.

Kentucky Derby Win Odds

Here are the “to win” odds for the 2020 Kentucky Derby from BetOnline.ag. These odds are up to date as of race day, September 5th. I’ve included the 13 horses with 66/1 or better odds to win the Derby. To see the full list of current odds you should visit BetOnline.ag and select ‘Horse Racing’ -> ‘Horses Daily’ -> ‘Churchill Downs’ from the left sidebar in the ‘Sports’ section of the site.

• Tiz The Law -150
• Honor A.P. +550
• Authentic +1000
• NY Traffic +1600
• Max Player +1800
• Thousand Words +1800
• Money Moves +2800
• Sole Volante +3300
• Enforceable +4000
• Attachment Rate +4000
• Storm The Court +5000
• Major Fed +6600
• Mr Big News +6600

**You can also bet on the Kentucky Derby through the ‘Racebook’ section of the BetOnline website by selecting ‘Churchill Downs’ under the ‘Thoroughbred’ drop down menu.

Tiz the Law is a huge favorite to win the race. This years Kentucky Derby was postponed from its usual date in May and this caused the Derby to be bumped to the second race of the 2020 Triple Crown after the Belmont Stakes went ahead as scheduled on June 20th. Tiz the Law won the Belmont Stakes and followed it up with another win at the Travers Stakes in August, so it makes sense that he’s the overwhelming favorite heading into the Kentucky Derby.

Bet On The Kentucky Derby from the USA – How To Guide

Follow these 3 simple steps to get your Kentucky Derby bets placed online in under 5 minutes.

Step 1. Open a BetOnline.ag Account

BetOnline is our top rated site for Americans looking to bet on the Kentucky Derby. They have a very easy to use racebook and they are focused on providing a great betting service to the American public.

Click the above link, click ‘Join Now’, and fill out the short form on the home page to open your account.

Step 2. Deposit

BetOnline accepts Visa, MasterCard, American Express, bitcoin, Skrill, Neteller and various other deposits. You can cash out your winnings through bitcoin, Skrill, Neteller, bank wire or cashiers check.

It’s quick and easy to get money into and out of your BetOnline account.

Step 3. Place Your Derby Bets

It’s time to place your Kentucky Derby bets. Depending on what type of bet you want to make you can bet through the ‘Sports’ or ‘Racebook’ sections of the BetOnline website.

**You can now place all of your Derby bets in the ‘Racebook’ section of the site. Check out the ‘Racebook’ section below for that guide/screenshot.

Sportsbook (Fixed Odds)

If you’d like to place a bet on the Kentucky Derby with fixed odds you can do so in the ‘Sports’ section of the BetOnline website. Select ‘Sports’ from the top navigation bar and then select ‘Horse Racing’ followed by ‘Horses Daily’ and ‘Churchill Downs’. The “to win” odds for the Derby will be displayed under ‘September 5’. Here’s a screenshot with arrows showing how to find the Kentucky Derby odds.

Racebook (Parimutuel Betting System)

You can place the full variety of horse racing wagers on the Kentucky Derby through the Racebook. These bets will use the parimutuel betting system, which means the odds of your bet can change leading up to post time depending on the amount of money wagered on each horse.

Can You Bet On The Kentucky Derby The Day Before

Select ‘Racebook’ from the top navigation bar. Click on the ‘Thoroughbred’ drop down menu and select ‘Churchill Downs’. The Kentucky Derby will be race #14 on September 5th (post time of 7:01pm EST).

Can I Bet On The Kentucky Derby The Day Before

Select the bet you want to make (win/place/show, exacta, trifecta, etc), enter your wagers and click ‘Add To Bet Slip’. When you are happy with your bets click ‘Submit All Bets’ to lock them in.

Below is a screenshot of the Racebook for the 2020 Kentucky Derby showing some of the clicks.

Be sure to check out our horse race betting section for a further breakdown of the various bets you can make on the Derby on race day.

Are you ready to bet? Click here to visit BetOnline.ag.

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