If you are a horse racing fan, you will already know but for those of you that are new to this sport, the Kentucky Derby, one of the worlds most famous horse races is fast approaching, and you definitely do not want to miss out on betting on the Kentucky Derby 2018.
This means there is not only going to be some great horse racing action to look forward to but also plenty of betting opportunities to take advantage of too.
In this article:
Keen to learn more?
Then what we are going to do for you now is tell you exactly what you need to know about the Kentucky Derby 2018, the types of bets that you will be able to place, the sort of odds the current odds of the runners and a few places you can go to lay your bets.
The day of the race that is billed as “The Most Exciting Two Minutes in Sports” is being held on the 5th of May and you can expect to see a field of 20 horses.
For a schedule of all the races on the day see here >>
This makes it one of the largest races you will see in the world and one that is never short of exhilarating action.
While the race itself is a great spectacle, there is more fun to be hand when betting on the outcome.
There is no feeling in the world that comes close to your prediction is right and you walking away with a handful of cash.
Interested to learn more about betting on a horse race such as this one?
Unsure of the types of bets you can place?
Then carry on reading as we take you through all of the bets you can place, where you can place them and the odds that the bookies have on each of the runners right now.
Types of Bets
It is easy to forget that not everybody is experienced at placing bets and particularly at some of the worlds larger races such as the 2018 Kentucky Derby, there are going to be far more newbies around than at the lesser-known events.
So to make it a little easier for any of you out that are not too betting savvy, we are going to take you through each of the types of bets that you can place on any horse race that takes your fancy.
If you need help with a horse betting strategy you can check here >>
We will start out with the most common bets that are placed:
- Win – This is basically selecting a horse and betting on it to win the race. It is the most simple and most common bet you will see placed at the Kentucky Derby. If it wins, so do you, if not, you are out of pocket.
- Place – if you are not confident that your horse will win, you could always opt to use a place bet. This covers your horse finishing first or second but will be at lower odds than a win bet.
- Show – You could take it further and actually cover 1st, 2ndand 3rdin the race with a show bet. Once again, the odds are lower as they are split among the three finishing positions.
If you are a more experienced punter or would like to try some more advanced betting options, you could try the following:
- Quiniela – If you are split between two horses and think that they will both finish in first and second but are not sure which order, you can go for a quinella bet. The odds here are much higher than any of the other common bets as you are relying on two horses to finish in two places.
- Exacta – Almost the same as a quinella but much harder to pull off is the Exacta as you are betting on two horses to finish first and second in an exact order.
- Exacta Box – With this bet, you are still betting on two horses to finish first and second but can pick more than two horses that can be used to win the bet.
- Trifecta – If you are super-confident that you know the exact finish of the 1st, 2ndand 3rdplaces, you should use the trifecta bet.
- Trifecta Box – Similar to the trifecta but a little easier is the trifecta box bet. Here you can choose three horses to finish in any order in 1st, 2ndand 3rd
- Superfecta – If you win one of these you could be called something of a psychic as it involves picking the 1st, 2nd, 3rdand 4thplaced horses in an exact order to win the bet.
There are even more bets that you can use but these are bets that stretch across a number of different races and as we are speaking about the Kentucky Derby on its own, we think the above will do for now.
Odds on Horses
Now that you understand the types of bets that you can place at the 2018 Kentucky Derby and any horse race, in fact, you are now going to want to see the kind of odds that you will get for backing the horses in this race.
We have used William Hill to compile the odds as this is a recognized bookmaker on a global scale and one that is generally noted for offering good odds.
They are also one of our favourite bookmakers as you will find out later.
- Mendelssohn – 4/1
- Justify – 5/1
- Audible – 7/1
- Magnum Moon – 9/1
- Bolt d’Oro – 10/1
- Good Magic – 12/1
- Vino Rosso – 16/1
- Enticed – 25/1
- My Boy Jack – 25/1
- Noble Indy – 25/1
- Solomini – 25/1
- Flameaway– 33/1
- Quip – 33/1
- Lone Sailor – 40/1
- Nero – 40/1
- Catholic Boy – 50/1
- Gronkowski – 50/1
- Kanthaka – 50/1
- Promises Fulfilled – 50/1
- Bravaso – 66/1
- Snapper Sinclair – 66/1
As you can see, there are some good returns to be had on an outright winner at the moment, even the firm favourite Mendelssohn is worth a good 4 to 1.
In a horse race such as this one, however, there is always the big potential for an upset and that is the reason so many attend and place their bets on it.
There is every chance that an outsider could pull off a shock result or the early favourites could suffer a stumble or just have a bad day at the office.
This is the beauty of betting on a horserace as it is not uncommon for an unlikely result to happen.
That being said, favourites are favourites for a reason, usually because of their current form.
These are the horses and riders that have had the more consistent results in recent races.
The bookmakers give these lower odds as they think they are the most likely to win.
So where can you start betting on the 2018 Kentucky Derby?
You are going to find out in the next section!
Where Can You Bet?
Bookmakers in this section:
Now that you have a better understanding of the types of bets that you can place at the 2018 Kentucky Derby and have checked the odds, you are now probably thinking about placing a few bets for yourself.
What you need to do is find a reputable online sportsbook that offers good odds, has a great welcome bonus and is able to provide you with plenty of betting options.
Some good customer service, a VIP program and regular promotions is always a nice touch too!
There are plenty of online sportsbooks out there that will provide you with all of this but in our opinion, three of the best are the following:
We used this online sportsbook for its current odds at the 2018 Kentucky Derby for a reason, it is probably the oldest bookmakers in the world.
If not it is certainly one of the oldest having first launched in the UK back in 1934.
With close to a hundred years offering bookmaking services, you can be sure that they know what they are doing and can be considered as a safe and reputable place to wager on the Kentucky Derby.
Their online sportsbook is also one of the very best out there and is a good place for beginners and experienced punters alike.
There is a good range of different bets that you can make use of, they offer up plenty of different payment methods, are quick at paying out and they also have an awesome welcome bonus!
Of course, the latter is probably going to be more important to you and so it should be as you get a £30 free bet once you place your first £10 bet on William Hill.
Imagine being able to use that £30 to spread your bets at the Kentucky Derby?
- Free Bets Worth £30
- Massive Worldwide Brand
- Plenty of Betting Options
William Hill is one of our favourite online sportsbooks and we are sure that you will love the experience that you get there as well.
Their history alone is a big reason to use this online sportsbook but there are so many other reasons as well!
Although this is probably the best bet for our American readers, players in the UK and many other countries in Europe are also able to use it.
Bovada is another excellent choice if you are looking for somewhere to place your bets on the Kentucky Derby this year.
What we like the most is the fabulous welcome bonus that it offers new punters that sign up.
They can take advantage of a 50% match deposit bonus of up to $500! This means, as an example, if you were to make a first deposit of $100 at Bovada, they will match half of it by giving you a free $50 as well.
That is quite the giveaway but this is not the only reason you should consider Bovada as your online sportsbook for the 2018 Kentucky Derby.
They also run regular promotions for their loyal players, have 24/7 support, cover more than half of the worlds sporting action and are known for offering some of the best odds around.
- 50% Match Deposit of up to $500
- Top-Quality Support
- Many Sports Covered
The only downside compared to William Hill is that you are not able to stream any events live.
This will not be a problem though as we are sure you will be watching the Kentucky Derby 2018 live on your television sets.
Our final recommendation is LeoVegas, an online casino that now offers up a sportsbook as well.
If you have heard of LeoVegas, you will know that this is an award-winning online casino that has been around since 2012 which focuses mainly on mobile-users.
If you prefer to use your smartphone or mobile device to bet on horse races, this is going to be the perfect choice for you.
It might not have betting options that are as extensive as that of William Hill for example but it has all of the more common ones and will be more than enough for most of you.
Another good aspect of LeoVegas is the welcome bonus, as you can get yourself a Double Boost – which essentially, is double the odds for your first two bets!
This means that the 7/1 you are backing to win the race will actually payout 14/1 should it come in!
That is fantastic odds for one of the favourites. Now imagine if you used the bet on a 50/1 and it came in?
You can also go and spend a bit of time at their award-winning online casino in the run-up to the race or to celebrate it.
LeoVegas really is a great brand and one that we feel is among the very best in the online gambling industry.
- Double Odds Welcome Bonus
- Very Mobile-Friendly
That just about finishes up what you need to know about the Kentucky Derby 2018 and we hope that you have learned a lot about the race and how you can go about betting on it.
Do you have any hunches on who will win?
Feel like you could predict the winner AND the runner-up?
Then what are you waiting for?
Go and get your bets laid down!