If you are amongst the small percentage of bettors who have yet to expand their wagering talents to include betting on the Kentucky Derby then allow us to enlighten you and teach you how to bet on the Kentucky Derby. The Kentucky Derby is just around the corner after March Madness betting and we are quickly starting to see an uptick in Kentucky Derby bets being placed. If you are looking to learn how to bet Kentucky Derby over Internet then we have provided some wagering terms below to help you get started with your Kentucky Derby online betting picks and predictions.
Learning how to bet on the Kentucky Derby is easy and a rather inexpensive form of classic American entertainment. You can simply bet on one horse to win the race or you can bet on combinations of horses to finish in first, second or third place that will pay out even more. These exotic types of bets are called exactas and trifectas. The exacta is a bet that allows you to pick the winner and the runner up of the race once you have been show Kentucky Derby odds. If you are right, you receive a rather large parlay based on the betting odds of the horses. If you picked the #1 horse to finish first and the #3 horse to finish second and you bet those two horses in an exacta, you win. The same is true for a trifecta except that it involves picking the 1st, 2nd and 3rd place horses.
Since it can be hard to determine the exact placement of the horses, you can “Box” your bet. On Bovada, boxing your exactas and trifectas are easy. When you box your bet, you are basically saying that the selections you picked will come in any order regardless of your selection. For example, if you had an exacta that had the 1, 3 and 5 horses boxed, those horses can finish in any position as long as the 1, 3 or 5 all finish in the top 2. You can use the same method for trifectas when learning on how to begin betting on the Kentucky Derby 2013.