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April 1, 2019

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Top Tips for Betting at the Kentucky Derby

With a humongous field and millions of dollars added into the betting pools by passing sports fans, the Kentucky Derby is undeniably America’s biggest and most exciting horse race happening yearly. So what can you do in this mammoth event to win you a bigger bankroll ?

The following are tips you can use:

Prepare yourself.

There is a ton of information available on the Internet to help you with handicapping and wagering on Derby Day. You will find replays of all of the most important Derby preps, as well as pedigree basics, workout analysis, and so on. There is also a wealth of counterproductive information out there, especially opinions of so-called “professionals.” Be sure that if you are going to use their advice on Derby Day, they have a proven history to back them. Most press credentials given out on Derby Week are for writers and bloggers who only write about horse racing a week a year. Bear that in mind and rely only on trusted sources.

Create a strategy.

Know what your budget is and how much you won’t hurt losing. On Derby Day, there will be 13 races, and there is no need to spend all or most of your bets on the Kentucky Derby. The fields are big, but the betting opportunities are bigger and spread out throughout the day. Find races you feel strongly about and put a bigger portion of your budget there, and then less or even nothing on those which you are not very passionate about or you think are simply not worth a wager.

Think of value.

Profiting from pony betting is mainly about finding value, otherwise known as overlays. Plan your bets well and look for odds that look fair to you. If the odds of a horse looks like 5-1 to you but the tote board puts him at 3-1, you’d like to hold that wager and dig up the exotic pools instead to find better value and increase your potential profit.

Rules are not steadfast.

If there’s one thing we know for sure over the last few years, it’s that rules are made to be broken. In reality, almost each single so-called unbendable Derby rule has actually been bent, several times. Derby winners now return into the race from five and six-week breaks, run over polytrack in their closing preps, are handled by practically untested trainers, use new prep schedules and races, and have been raced a little.

Take it lightly.

Lastly, one thing you have to avoid is being overwhelmed by the race. The the only thing you can be sure of is that there will be unexpected turns of events. No matter how well you’ve planned, nothing is totally under your control. So stay cool, make rational wagers, and have fun.

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