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Must-Know Tips for Kentucky Derby Betting

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 how do you take advantage of this grand event so you can end it with a padded bankroll?

The following are tips you can use:

Prepare yourself.

There is a sea of information online for those who want to brush up on their handicapping and wagering skills. There are replays of every major Derby prep, along with workout analysis, pedigree information, etc. to help you with your homework. 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. Press credentials provided during Derby Week are usually given to writers and bloggers whose only experience with horse racing is writing about it a week a year. Bear that in mind and rely only on trusted sources.

Create a strategy.

Define your budget and the amount you’ll be fine 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. There will be big fields and bigger betting opportunities all day. Put a larger portion of your betting bankroll on races that you feel more passionately about, and then less on the others.

Consider value.

Capitalizing on pony bets is essentially about finding overlays, which means value Be wise when placing bets and be on a lookout for fair-enough bets. 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 unbreakable.

Something we’re sure of in the last decade is that rules are not unbreakable. 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 easy.

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. Even the most meticulous plan will not give you total control. So keep it easy, keep your wagers intelligent, and have a good time.

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