The Kentucky Derby Presented by Yum! Brands at CHURCHILL DOWNS, in Louisville, KY

* Purse: $1,000,000
* Date: Saturday, May 6th, 2023

* Class: Grade 1
* TV: NBC
* Age: 3 yos
* Race: 11
* Distance: 1 1/4 miles

How to Bet on the Kentucky Derby Online

Making your bet on the Derby online is quite easy. You can start preparing to make it months before the event or even just 10 minutes before the beginning of the event. There are numerous methods available which you can apply when betting on your winning horse. You can box numerous horses in an exotic wager or you can bet on one horse. It depends on the taste of the person. All in all, Bet Derby Online can make this historical day even more interesting and memorable in case you make a fortune from the races.

Determine the suitable time when you want to bet. Bet derby online starts accepting bets months before the event is held. The pools that are made months before the original event normally have large payouts in case the horse you had wagered for wins. Nonetheless, it is important for you to know that you will be taking a risk since in case the horse you have wagered for will not participate in the event, you will not get a refund. Bet towards the end so that you can be sure that you are betting on a horse that is scheduled to win and not just an eligible horse that will not live to reach to contest.

If you have a single horse that you are convinced that it will win, you can place your bet on it. You can also decide to spread out your bets among many horses to reduce the risk of losing all your bests.

Conduct adequate research on the horse you are planning to bet on. In case your favored horse gets an injury on the morning of the race, you might consider looking for another horse that has chances of winning. You can also go through media reports. In the morning of Kentucky Derby competition, there will be thorough outline of the horses. This will give you some essential information which can help you to bet derby online smartly.

Lastly, you should have a legal betting account that you should have made 5 days before the actual racing day. The account will allow you to deposit and withdraw your earnings in case all goes well.