Kentucky Derby Wagering Types

With less than a month to go before the 139th running of the Kentucky Derby we are going to cover the many different Kentucky Derby wagering types for online sports betting and placing your Kentucky Derby bets at land-based sportsbooks.

There is a plethora of options available to you if you would like to bet on the Kentucky Derby. One of the most straightforward ways of betting on the Kentucky Derby is by simply picking a horse to win the race. When you see odds published for specific horse, those odd are the multiplier of what you will be paid out on if that horse is to win. If you bet on a horse to place or show, you will need to read the board to understand what you will be paid out. The horse racing world shows its standard payouts in multiples of $2.00. So for example if a horse for too when at 50 to 1 odds, the board would show that the horse paid out $100.

Some bet horse racing enthusiasts like to bet on exotic bets. When you bet on exotic bets, you really don’t have a good shot at winning. That’s why they’re called exotic bets. A good example of an exotic be is the exacta or a trifecta wagering types at online racebooks. The exacta bets allows you to pick the horses that finish the race in first and second. The trifecta is a bet that allows you to pick the first second and third place horses. If you are ready to place an exacta or trifecta bet, head over to Bovada.lv and sign up now.