How Does Betting Work At The Kentucky Derby
Well, the Kentucky Derby is where it’s at and you can bet on it from just about anywhere on Saturday, Sept. A Betting Extravaganza Unlike Any Other. If you’d taken that same $5 and bet it on last year’s Kentucky Derby winner Country House, you would’ve collected $331. Sure, longshots like Country House don’t win every year, but. In the 2017 Kentucky Derby, those who wagered $2 on Always Dreaming won the following amounts for win, place, or show bet types: $11.40 for Win bet ($2 bet plus $9.40 winnings) $7.20 for Place bet ($2 bet plus $5.20 winnings).
It’s Kentucky Derby week! The Derby captures the imagination of Americans across the country and betting on the race is part of the culture. In a typical year the Kentucky Derby gets the second most betting action of single day betting events, next to only the Super Bowl. With California being one of the hotbeds for horse race betting in the country a good portion of these bets come from California residents.
This years Kentucky Derby will have some major differences from Derby’s of the past due to the pandemic. The 2020 Kentucky Derby is set to take place on September 5th, instead of the usual running date of the first Saturday of May. This postponement also cause the Kentucky Derby to become the second leg of the Triple Crown after the Belmont Stakes ran on its usual date in June. Tiz the Law won the Belmont Stakes and is now the only horse with a shot at the 2020 Triple Crown heading into the Derby.
On this page you will find the betting site we recommend for Californians looking to bet on the Kentucky Derby online and the various ways you can bet on the race from California (online sportsbooks vs racetrack simulcast betting). I’ve also included a straight forward 3 step guide to help you get your 2020 Kentucky Derby bets placed online within minutes from anywhere in the State.
Best Online Sportsbook For Californians
BetOnline is our top rated betting site for Californians looking to bet on the Kentucky Derby.
They offer new players a free $25 bet on the Kentucky Derby, in addition to 7% daily horse racing rebates and a sign up bonus of up to $1000. Check out our review for a full breakdown.
Kentucky Derby Betting in California
In addition to betting online through BetOnline.ag, you can also place off track bets at any of the big racetracks in California such as Del Mar or Santa Anita Park. These tracks will often have special events on Derby Day and the Kentucky Derby simulcast viewing areas will often be packed with horse racing fans with action on the race. Check out our California sports betting section for a further breakdown of the top tracks in all of the big cities in the State.
Like I said above, you don’t need to head to the local track to place your bet. BetOnline pays out up to $100,000 in winnings on each Kentucky Derby wager and you can quickly and easily place your bets in just minutes, while watching the race from the comfort of your own home.
How To Bet On Kentucky Derby From California – 3 Step Guide
Follow this 3 step guide to get your Kentucky Derby bets placed online in under 5 minutes.
Step 1. Open An Account With BetOnline.ag
How Do You Bet At The Kentucky Derby
BetOnline is our top rated betting site for California residents. They accept players from around the world, but their main focus is on providing the best betting service to their American customers. The bet offerings, customer service and deposit/payout options are all geared towards their American client base.
Click here to visit BetOnline.ag. Then fill out the short form on the homepage to open your account.
Step 2. Deposit
BetOnline accepts Visa, MasterCard, American Express, bitcoin, Skrill, Neteller and more for instant deposits.
Kentucky Derby Betting Guide
Your first deposit is eligible for a 50% matching bonus up to $1000. Use bonus code ‘BOL1000’ when making your deposit to opt-in to the bonus.
Step 3. Place Your Kentucky Derby Bets
Click on ‘Racebook’ in the top navigation bar and select ‘Churchill Downs’ from the ‘Thoroughbred’ drop down menu in the left sidebar. Select race #14 (post time of 7:01pm EST) for the Kentucky Derby and then select the type of wager you want to make (straight, exacta, superfecta, etc). Enter your wager amount and select “Add to bet slip”, then click “Submit all bets” in the right sidebar to confirm your wagers.
The bets you place through the racebook will use the parimutuel betting system (odds are dictated by the betting pool participants, so they are subject to change).
Here is a screenshot from this years race showing the clicks to place a bet on Tiz the Law.
Check out our horse racing betting guide for a breakdown of the various bets you can make on race day and some tips to help you win your Derby wagers. We also have a dedicated Kentucky Derby betting page where you can learn more about the race.
Are you ready to bet? Click here to visit BetOnline.ag.
Tagged With : Kentucky Derby • Kentucky Derby betting • Kentucky Derby California • Kentucky Derby odds