Useful Tips for Betting on the Kentucky Derby

Posted: May 5, 2016

Updated: May 5, 2016

Are you interested in betting on the Kentucky Derby, but don’t know where to start? Don’t sweat it. We have broken down the odds and came up with everything you need to know.

The 142nd running of the Kentucky Derby is now less than a week away. The odds have been set, and racing fans are now flocking to online sportsbooks in the US to pick their winner. Many of these sportsbooks offer great bonuses. Bovada Sportsbook, for example, offers a 50% welcome bonus on your first deposit up to $250. It is important to note that betting on horse racing online is not legal in every US state.

American Pharoah’s retirement after winning the Triple Crown last year has opened up the field for new horses to succeed. This year’s race has a number of promising horses, but the one most are talking about is the 2 year old undefeated Nyquist, who won the Breeders’ Cup Juvenile last year. At +300, this horse is the favorite to win. Nyquist is a logical first choice for those betting on the Kentucky Derby. His track-record and impressive lineage make him the horse to beat this year.

Betting on the Kentucky Derby could earn you huge profits

Exaggerator is being pinned as a potential spoiler to Nyquist’s victory. He won his last race at the Santa Anita track by a staggering 6 ¼ lengths in the mud. With veteran jockey Keith Desormeaux, this horse could very well pull off an upset. Exaggerator is considered the second most likely winner of the Derby, at +750.

Another horse people are talking about is Creator. After a recent win at the Arkansas Derby, Creator has become one of the top picks for betting on the Kentucky Derby. Recent hall of fame inductee Steve Asmussen has praised his horse, saying “Creator is coming around at the right time. I definitely think he is turning into an excellent racehorse.” Creator is the biggest underdog on this list, coming in at +1200.

Horse Racing is famously unpredictable, but these three horses are good choices for those interested in betting on the Kentucky Derby. Take a look at GamingZion’s US gambling laws page to find out if internet horse betting is legal in your state, and head to Bovada Sportsbook to bet on your winner of the 2016 Kentucky Derby!
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