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Kentucky Derby Betting

And They're Off! 2018 Kentucky Derby Betting Is Open

It’s the time of the year again for The Greatest Two Minutes in Sports at Churchill Downs as thousands of enthusiasts pony up the money to get in on the Kentucky Derby betting frenzy.

The winner among 20 horses will bring its owner a cool million dollars and open the door unto immortality if it goes on to win the Belmont Stakes and the Preakness, the other two remaining races in the Triple Crown of horse racing in America.

All eyes will be drawn to Churchill Downs this Saturday, but the post positions have already been released.

Last year’s winner, Always Dreaming, won out of post five (a favorite among jockeys).

This year Hall of Fame trainer Bob Baffert and favorite Justify will try to break the 135–year Apollo’s curse starting from the No. 7 spot.

Not since 1882 has a horse won the most storied race in the world after not racing at age 2. Only six horses have won from post 7, most recently Street Sense in 2007.

Mendelssohn, an Aidan O'Brien trained horse, also drew a good post at No. 14. Both horses will likely see their horse betting lines stay the same with those posts, which are more towards the center.

Audible takes the fifth post, a historical favorite among jockeys and seemingly horses alike. 

History

The Kentucky Derby, also known as "The Fastest Two Minutes In Sports", is arguably the most popular horse race of the year. It takes place on the first Saturday in May at the historic Churchill Downs in Louisville, Kentucky. It is the first race of the Triple Crown, a series of three races featuring three-year-old thoroughbred racehorses.

The Derby is followed by the Preakness, and the last is the Belmont. The 2018 Kentucky Derby will be the 144th 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 of the Kentucky Derby odds' favorites have gone on to win the race. Underdogs have as good a chance of winning and there's a big chance you can fatten your purse even if you're betting on the dogs.

Here are some of the most recent Kentucky Derby winners.

The Race For The Roses is truly an impressive race, one of this year's entries will join these horses in racing history: 

  • 2017: Always Dreaming
  • 2016: Nyquist
  • 2015: American Pharaoh 
  • 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. 

More Kentucky Derby Horses 

Justify

The early-favorite Justify is at 3-1 odds and racing out of the No. 7 post. Though the horse will race to break 136 years of Kentucky Derby history, the crowd is confident of the most recent Santa Anita Derby winner.  

Good Magic

The Blue Grass Stakes winner and last year’s Eclipse Award recipient for top Juvenile is listed at 12-1 and runs from No. 6. “This is the best horse we have ever brought to this race,” owner Chad Brown said. “There is no doubt in my mind.”

Mendelssohn

Mendelssohn rides in with a stack of boasts, including his cost as a yearling ($3 million at Keeneland in Lexington in 2016) and his versatility (wins on turf at the Breeders’ Cup last fall in California, on synthetic at the Patton Stakes in Dundalk, Ireland, in early March, and then the debut on dirt in Dubai).

Here are some of the most popular bets that people place when betting 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's 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 you picked, but instead of them finishing in a particular order, you win as long as all of 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. 

 
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