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The famous equestrian race has been postponed this year due to the coronavirus pandemic, and will instead be held in September. In fact, betting on the outcome during the weeks or months prior to the Kentucky Derby actually gives you much better odds—meaning you have a better chance at winning big, even with relatively simple bets.
Once you log in to your betting platform, look at the schedule to see when you can place your Derby bets, and consider betting sooner rather than later. But first, read up on how to bet on the Kentucky Derby. But you can also go deeper with more complicated wagers. As a general rule of thumb, the more complicated a bet is, the better chance you have of winning—or losing—big. All the horses competing in the Kentucky Derby have track records that might inform how they will perform in the race.
Do your research on which horses are favored to win—or lose. Industry websites and online wagering services typically provide a rich assortment of handicapping articles and podcasts analyzing major races, so you can follow the experts and learn from their insights. Track websites often contain a handicapping section with selections for every race they offer.
Try handicapping a race on your own, then compare your conclusions with those of the professionals to see how your picks match up. Understand the risk vs. Did your horse roll home a convincing winner? If so, congratulations on a fine job handicapping!
If not, take some time to review the outcome and see where you went wrong. If the winner surprised you, go back and examine the past performances to see what you might have missed. Re-read the insights of experts who correctly picked the winner to see what they liked. Knowing the top jockeys and trainers, both on a national level and on a track-by-track basis, can consistently point you toward winning horses.
Want to know which trainers excel preparing unraced horses for winning debuts? Curious which jockeys ride best on dirt, and which are skilled on turf? Past performance sheets available through Brisnet. Bettors who want to dig deeper can visit the statistics page on Equibase. Racehorses have been carefully bred for speed and stamina over the course of centuries, and their pedigrees can reveal a lot about their probable racing proficiencies.
A son of a Kentucky Derby winner, produced by a mare who won the Kentucky Oaks, is bred from top to bottom to excel in Triple Crown races. But a daughter of a champion sprinter might be destined to excel running shorter distances. Surface proclivities can be even more pronounced—some bloodlines are known for their prowess on turf , others are geared strongly toward dirt, and some consistently produce winners on wet tracks.
Brisnet past performances contain plenty of useful stats to get you started, though a passion for racing history will greatly enhance your pedigree handicapping skills by familiarizing you with the most influential sires and broodmares.
Weather conditions and daily track maintenance can have a profound impact on how a racetrack plays on any given day. Sometimes the rail is the deepest part of the track, giving horses racing in outside lanes a distinct advantage. Other times the track is unusually kind to front-runners, with one horse after another winning in gate-to-wire fashion.
If a race is stacked with horses who prefer to run on the lead, a destructively fast pace is likely to ensue, favoring horses who can relax and rally from behind. Learning to project how the pace will unfold can be one of the most lucrative skills in handicapping, consistently guiding you toward the most likely winners. If you think you can pick the top three finishers in the correct order, the trifecta is the bet you want to play.
Or if you believe you can pick the winners of four races in a row, the Pick 4 could be an enticing play. Racing analysts covering big events for industry websites often provide tips and strategies for betting exotic wagers, and online wagering calculators can help you determine the costs when planning out your own tickets. Studying racing history can point out trends and tendencies helpful in guiding you toward winning wagers. Watch enough races at your local track, and you might discover longshots frequently prevail in maiden claiming races over the turf course.
Some trends can be short-lived, disappearing as soon as you discover them. Others can provide profitable plays for years to come, and bettors who use history as a guideline will always have a general idea of what to expect in any given race. Inexperienced bettors are often reluctant to take a stand with their handicapping opinions and reduce their profits by covering too many possible outcomes.
This sounds great in theory, but boxing wagers is more expensive and is often an inefficient wagering strategy. If you believe 1 is a near-certain winner, why would you waste money on combinations playing 6 and 7 to win? Entire books have been written on the art of structuring wagers, because designing tickets that reflect your opinions is the key to generating profits in the long run.
Not keen on betting an overwhelming favorite to win? Yes, unless the heavy favorite is actually vulnerable to an upset. Big favorites are often bet even more heavily in multi-race wagers than in the win pool, so if they lose, the payoffs can be astronomical. When is the right time to look for longshots?
Start by gauging the strength of the favorites. A race with three top-tier runners who tower above their opposition is unlikely to produce a longshot winner—one favorite might misfire, or maybe even two, but the odds of all three backfiring are slim. In contrast, a race where the favorites seem just barely faster than their longshot rivals is ripe for an upset. Some bettors are equally adept at playing all types of races, but others are more comfortable focusing on specific areas where they excel.
You might find dirt races easier to analyze than turf races. If you know your strong suits, you can focus on playing races where you have the most knowledge and increase your likelihood of making a profit. If you find yourself struggling to accurately handicap certain types of races, study them without the pressure of betting. Read books and online articles to learn other handicapping ideas and methods.