- Where Can I Place A Bet On The Kentucky Derby Race
- Where Can I Place A Bet On The Kentucky Derby Betting
The Kentucky Derby will take place this Saturday, Sept. 6 instead of its normal “first Saturday in May” date. Believe it or not, there was a possibility that Nevada sportsbooks wouldn’t be able to take pari-mutuel wagers on the 145th Run For The Roses.
For the purposes of the Kentucky Derby, a great option for a betting site (especially if you don’t have an account yet) is 1/ST BET. Not only is 1/ST BET a wagering site that’s geared to the new horse bettor, both in the simplicity of its interface and ease of betting – it’s also currently offering a promotion for new players and fans of ABR.
In other words, casinos might not have been able to offer exactas, trifectas, and other traditional horse racing wagers.
Late last week, the Nevada Gaming Control Board (NGCB) made sure that Nevada sportsbooks would be able to offer wagers on the big race. A ruling on Friday afternoon will allow Nevada race and sportsbooks to take bets on the Kentucky Derby.
A lot has changed this year, but horse race bettors will be able to wager like normal this weekend.
- Make sure you bet on the Kentucky Derby. That's because betting on the Kentucky Derby is a great way to get a good return on investment. Here, are the best online horse racing betting sites, based on research: Bovada Intertops BetOnline MyBookie SportsBetting.ag.
- But if you’re here in Florida and you want to bet on the derby, you don't have to place it at a horse track. Derby Lane greyhound racing on Gandy takes bets on the derby as well.
- At Churchill Downs on May 1, the 147th running of the historic Kentucky Derby will take place. This is your Kentucky Derby reference page, examining the history, New York horse betting options, the road to the Derby and handicapping variables for the Fastest Two Minutes in Sports. The Kentucky Derby, dating back to 1875, assembles 20 of the nation’s top 3-year-old thoroughbreds.
Churchill Downs dispute
The possibility that the race wouldn’t be available for betting stems from a contract dispute between the Nevada Pari-Mutuel Association and Churchill Downs. Downs is the company that operates the racetrack where the Kentucky Derby takes place.
Churchill Downs wants to charge Nevada race and sportsbooks for taking wagers on races at its tracks. The state doesn’t want to set a precedent that it will pay fees for this right.
This dispute actually started at the end of October last year. Race and sportsbook guests might have noticed that a handful of tracks that are normally on the TVs haven’t been, as of late.
Churchill Downs, the corporation, is much more than just an individual horse track operator. The company also operates racetracks and casinos around the country.
The dispute between the two parties is ongoing and almost got in the way of allowing Nevada bettors to wager on the Kentucky Derby. Have no fear horse racing fans, the NGCB is here to save the day!
NGCB steps in to allow casinos to take pari-mutuel wagers
The ruling by the NGCB will allow Nevada casinos to book their own bets and exotic wagers on the Kentucky Oaks on Friday and Derby on Saturday. The decision doesn’t guarantee that all sportsbooks will take pari-mutuel wagers on the big horse races, but it’s available to those who want to.
This ruling simply allows sportsbooks to apply for permission to pay winning wagers for horse races. The race must be broadcast nationally and must be shown at the casino racetrack and sportsbook.
The Kentucky Derby fits both criteria for most Nevada casinos.
Each race and sportsbook operator will be able to set its own limits since they bear responsibility for paying out the wagers.
The casinos are usually the middleman between the racetrack pools and the bettors. Maximum wagers or payouts could be limited this year because of the rules change. Make sure to check with the sportsbooks for limits.
Additionally, Nevada sportsbook apps that usually offer horse racing won’t be taking mobile bets on the Kentucky Derby this year. Bettors will have to visit a casino to bet on the race.
Get ready for the Kentucky Derby
Churchill Downs opens for the season on Tuesday. There will be racing all week, but only the Kentucky Oaks and Kentucky Derby will be broadcast nationally. Most casino race and sportsbooks will show those races and take wagers.
The post position draw for the Kentucky Derby will take place at 8 a.m. PT on Tuesday. The draw will be streamed live on kentuckyderby.com. When complete, this draw will reveal which post position the horses will be placed at when the race begins on Saturday.
The post position usually plays a role for horses in the large field of the Kentucky Derby. While 24 horses are allowed to race in the event, it appears as if only 19 will participate this year.
There could be horses scratched during the week, so it’s possible even fewer horses will run.
Nevada casinos often have seminars and parties for the Kentucky Derby. Due to the delay and fewer tourists visiting during the week, some of the events have been canceled.
Rampart Casino in Summerlin is one of the few that will keep its Kentucky Derby Weekend plans intact. Rampart will offer a pre-race seminar on Friday, Sept. 4 along with specials and giveaways on race day.
The Kentucky Derby is the second largest annual betting event in North America, next to only the Super Bowl. This year the Kentucky Derby will look a little bit different than normal after it was postponed from May 2nd to this Saturday, September 5th. This caused the 2020 Kentucky Derby to be bumped to the second leg of the Triple Crown, with the Belmont Stakes running as the first leg after it kept it’s originally scheduled date of June 20th.
The Belmont Stakes winner, Tiz the Law, is a big favourite heading into the Kentucky Derby. Tiz the Law followed up his Belmont Stakes win with a convincing victory at the Travers Stakes in August, and he looks to be in peak form heading into the Derby with odds of 1.69 at SportsInteraction.com. Tiz the Law is the only horse in the field who still has a shot at the 2020 Triple Crown thanks to his win at the Belmont.
The Kentucky Derby is always very exciting and heavily bet on, and even with the date change I’m expecting this year to be no different. I’ve added this How To Guide for betting on the Kentucky Derby in Canada because it’s always a popular event and betting on horses is slightly different than betting on regular sports, so I wanted to outline that for new horse racing bettors in Canada.
The Kentucky Derby truly is the most exciting two minutes in sports. If you haven’t placed a Kentucky Derby bet in the past you’re in for a treat watching your horse run for the roses! Just try to stay seated if your pony is in contention coming down the stretch.
Where Can I Place A Bet On The Kentucky Derby Race
Bet On 2020 Kentucky Derby in Canada – Step By Step Guide
#1. Open an Online Betting Account
The first thing you will have to do is open an online betting account. I recommend SportsInteraction.com, our top rated sportsbook for Canadians, for betting on the Derby this year. They are offering a 100% up to $200 bonus for new sign ups and they have a state of the art Racebook that is very easy for new bettors to understand. Here’s a full review.
- Licensed and regulated in Canada
- Easy deposits & withdrawals including Interac
- Competitive betting lines
#2. Deposit
Next up you’ll have to add some funds to your account. I have detailed pages for all of the deposit options offered at Sports Interaction on our deposit options page. And remember that SIA has the 100% up to $200 bonus for new sign ups, so I suggest depositing $200 or more in order to get the full bonus. It’s very easy to clear and I go into details on that here on the SIA review page.
Where Can I Place A Bet On The Kentucky Derby Betting
#3. Place Your Kentucky Derby Wagers
Now it’s time to place your Derby bets! First I’ll outline how you can bet on the Derby this week, leading up to the race.
Before Race Day
In the SportsInteraction.com Sportsbook there is a ‘Horse Racing’ tab which you can click, followed by ‘Kentucky Derby’. This will bring up the Kentucky Derby Outright winner odds. These odds are normal sports betting odds (not parimutuel betting odds) so when you place your wager your bet is locked in at those odds. There is also an each-way betting option which allows you to bet on whether the horse will finish in the top 3. You can learn more about each-way bets on our dedicated page here.
On Race Day
On race day (and a few days before) you should go to the Sports Interaction Racebook page. You can find this page by clicking on ‘Racebook’ from the top navigation bar at SportsInteraction.com. Next you should click ‘Churchill Downs’ from the ‘Thoroughbred’ drop down menu. Select race #14 on Sep 05 (post time of 7:01pm EST). You can also find ‘Kentucky Derby’ under the ‘Featured Races’ tab.
The odds you see on the Racebook page can change because the bets are taken under the parimutuel betting system, which means the odds change depending on who bets on which horses after you as well. Learn all about parimutuel betting here.
You will also see that you have the option to place ‘Win, Place or Show‘ bets, as well as exotic bets such as ‘Exacta’, ‘Trifecta’, ‘Superfecta’, ‘Daily Double’, ‘Pick 3’ or ‘Pick 6’ at the Racebook. I explain most of these different horse racing bets on the horse racing betting page, so check that out if you’re new to betting on the sport.
Are you ready to bet? Click here to head to SportsInteraction.com…
I hope this page gives you the confidence to know how to get your Kentucky Derby bets in online this year. To learn more about the race as a whole check out our Derby info page.
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