The Kentucky Derby is not just an iconic horse race—it's a tradition, a spectacle, and for many, an opportunity to place a well-informed wager.
Whether you're watching from the bustling stands of Churchill Downs or from the heart of Illinois horse race betting venues, understanding how to navigate the odds and make smart bets can transform your experience.
Types of bets you can place on the Kentucky Derby
You can place several different types of bets on the Kentucky Derby, including Win, Place, Show, Exacta, Trifecta, Superfecta, and more.
How to make a bet on the Kentucky Derby
After selecting your horse or horse, you need to place your bet. You can place your bet online using a licensed sports betting platform like TwinSpires or visit several OTBs and racinos throughout the Prairie State borders.
When placing your bet, state the type of bet you want to place, the horse's name, and the amount you wish to wager. Double-check your bet slip before submitting it to avoid any mistakes.
How to handicap the Kentucky Derby in Illinois
Horse racing handicapping is the process of analyzing past performances and data to predict the outcome of a horse race.
Many different strategies can be used in horse racing handicapping, and each Illinois handicapper has their own unique approach. Some of the most famous horse racing handicapping systems include;
Speed figures
Speed figures are a way to measure a horse's performance based on the time it takes to run a race. A higher speed figure indicates a faster performance. Handicappers use speed figures to compare horses and determine which horse is the fastest based on various track conditions, weather, and other factors.
Class analysis
Class analysis involves looking at the level of competition a horse has faced in previous races. A horse that has consistently competed at a high level is more likely to perform well in a lower-level race than a horse that has consistently competed at a lower level.
Pace analysis
Pace analysis involves analyzing a horse's running style and how it will affect the pace of the race. Horses that tend to start fast and run out of gas are known as "pace horses." Horses that start slow and finish strong are known as "closers."
Trainer and Jockey Analysis
Illinois handicappers also consider the horse's trainer and jockey when making their picks. A trainer with a history of success at a particular track or distance may have a better chance of winning. Similarly, a jockey with a strong win record can be a valuable asset to a horse's chances of winning.
Track bias
Track bias refers to the tendencies of a particular track to favor certain running styles or post positions. A handicapper familiar with the track bias can use it to their advantage by selecting horses well-suited to the track conditions.
Betting patterns
Betting patterns can provide valuable insights into which the betting public favors horses.
If a horse is heavily bet, it may indicate that the horse is expected to perform well. Conversely, if a horse is not getting much attention from bettors, it may mean that the horse is not likely to perform well.
10 tips to consider when betting on the Kentucky Derby