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Kentucky Derby Betting

2015 Kentucky Derby Betting Insights

And They're Off! 2015 Kentucky Derby Betting Insights

The 141st Kentucky Derby is scheduled to take place on Saturday, May 2nd, and horse racing fans are expected to flock to Churchill Downs, with hopes of witnessing a horse take the first Triple Crown race, and win a little money while enjoying the race. Last year, California Chrome was the favorite, and won the event, making a lot of money for the people that bet on him. He came close to capturing the elusive Triple Crown, but he fell short at the Belmont Stakes, joining the other horses that won the first two legs but were unable to win the last race. This year, California Chrome is not running the race, but there are a lot of horses ready to become household names. Here is a look at the Kentucky Derby betting.

History

The Kentucky Derby, also known as the fastest two minutes in sports, is arguably the most popular horse race of the year, which occurs on the first Saturday in May, in Louisville, Kentucky. It is the first race the Triple Crown, a series of three races featuring three year old thoroughbred race horses, which occurs between May and June annually. The Derby is followed by the Preakness, and the final race is the Belmont. The 2015 Kentucky Derby will be the 141st for a race that has been run consecutively since 1875.

One of the reasons why horse racing fans love the derby is its unpredictability, unlike most sports, being a favorite at the Kentucky Derby does not mean the horse is going to win. Since 1979, only six that were the Kentucky Derby odds favorites have gone on to win the Derby, which means that the underdogs have a very good chance of winning, which means there is a possibility of a big payday for those who intend to bet on the underdogs at the derby. The favorite horse won the last two Kentucky Derby, but the chances of another favorite winning this year are slim, because the last favorite that won before 2013 was Big Brown, in 2008.

Here are some of the most recent Kentucky Derby winners.

  • 2014: California Chrome.
  • 2013: Orb.
  • 2012: I'll Have Another.
  • 2011: Animal Kingdom.
  • 2010: Super Saver.
  • 2009: Mine That Bird.
  • 2008: Big Brown.
  • 2007: Street Sense.
  • 2006: Barbaro.
  • 2005: Giacomo.
  • 2004: Smarty Jones.
  • 2003: Funny Cide.
  • 2002: War Emblem.
  • 2001: Monarchos.
  • 2000: Fusaichi Pegasus.

If you plan on doing some Kentucky Derby betting, you should do your due diligence on the horses that will be racing, which will increase your chances of betting on the winning horse. Now that it is only a few days away, the Kentucky Derby odds have been released, and they will be sure to change the closer we get to the race. These are the early odds and favorites for the 2015 Kentucky Derby.

American Pharoah

He is the early favorite to win this Kentucky Derby, and racing experts believe he will win because of his impressive performance at the Arkansas Derby. The three year old sprinted to an early lead in the race, before easing up down the stretch, and still won the race by eight lengths. The performance was good enough to make him the clear favorite going into the derby, the fact that he is trained by Hall of Famer Bob Baffert, and will be jockeyed by Victor Espinoza, who won the Derby and Preakness with California Chrome last year, only helps out his cause more. The odds of American Pharoah winning is 2-1.

Dortmund

This is the second biggest favorite at the Kentucky Derby, and is definitely a horse to look out for. He is sired by Big Brown, the horse that won the 2008 Kentucky Derby and Preakness, and is favored by some horse racing experts to defeat American Pharoah, while some don’t think he is strong enough to do so. Dortmund is undefeated in his last four graded races, and will be a force to reckon with at the Derby. He is also trained by Bob Baffert, and is jockeyed by Martin Garcia, who won the 2010 Preakness with Lookin at Lucky. His odds of winning are 9-2

Carpe Diem

He is the third favorite at the Kentucky Derby this year, and would have likely been the favorite in almost any year, if it wasn’t for the depth of great horses in this year’s derby. The knock on him is that he isn’t as strong as American Pharoah and Dortmund, but he runs very well from different positions, he can handle being in the lead, in a pack with the other horses, and even running from the back. He is trained by Todd Pletcher, who won the 2010 Kentucky Derby with Super Saver, and is jockeyed by Kent Desormeaux, who has won six Triple Crown races in his career. His odds of winning the race is 6-1.

Here are some of the most popular bets that people place when they bet on the Kentucky Derby.

  • Exacta: This is when you place a bet on the 1st and 2nd place horses in the race.
  • Trifecta: This is when you place a bet on the 1st, 2nd, and 3rd place horses in the race.
  • Superfecta: This is when you place a bet on the 1st, 2nd, 3rd, and 4th place horses in the race, it also gives you the highest payout if you win.

A very popular strategy that a lot of people use when betting is called boxing, it is more expensive than other bets, but it provides insurance for your bets, so you still win something even if your horses don’t finish the way you picked them. Boxing allows you to keep the horses that you picked, but instead of them finishing in a particular order, you win as long as along as all the horses finish. An example of this is when you pick three horses to win, place, and show, in a trifecta. With boxing, you will win if all three horses finish in the top three, even if they weren’t in the same order as you had them in the trifecta.

Kentucky Derby Picks

I’m going to go against the experts and pick Dortmund to win the race, American Pharoah to place, and Carpe Diem to show.

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