Best Markets To Bet On The Kentucky Derby 2022

This year's event is scheduled for May 7th and traditionally the race will be hosted at Churchill Downs. The Kentucky Derby is the first leg of the Triple Crown where horses aged three are trying to write their names into the history book.

The Kentucky Derby attracts many bettors since it is considered one of the biggest horse racing events in the world. Many people place bets just for fun without analyzing, but it is best to experience the thrills of the Derby and still walk away profitable. You can find more about this event here: https://www.twinspires.com/kentuckyderby/

Let's learn how to bet on this year's Kentucky Derby and which are the best markets.

Picture 1 of Best Markets To Bet On The Kentucky Derby 2022

Win Betting

As we mentioned, the Kentucky Derby sounds very attractive for gamblers as it provides opportunities to win some money and watch the world's fastest horses. With that said, we have to highlight the most popular way to make a wager, which is, of course, the win market.

The win market is the most straightforward to understand, where you have to bet on the horse that you'd think has the biggest potential for winning the race. If the horse finishes second, third, or lower you'll lose your stake.

The winning bet is the best bet to go for if you want to watch the Kentucky Derby and still walk away with a small profit. This is also one of the easiest bets to predict, especially if you consider the races from the Road to the Kentucky Derby.

In history, favorites in the Kentucky Derby managed to win the race more than 33% of the time. Additionally, it is easier to calculate your potential winnings on a winning bet. For example, if you bet $100 on Smile Happy who is considered a favorite for this year's race, with odds of 8/1, you'll walk away with $900 in your pocket.

Each-Way Betting

Another popular market to consider is the each-way betting, which offers a slightly safer than the 'win bet'. This bet covers the win and place. So, if you place some money on Mo Donegal 14/1, and the horse finishes second or third, you can still get considerable returns.

One of the drawbacks of this bet is that the returns are much lower if the horse doesn't finish first. In most cases, if the horse only place, the win amount would be smaller than your stake.

However, if you want a safer strategy and possibly want to stake a lot of money, each-way betting is the right market for you.

Exacta/Trifecta Betting

Although the previously mentioned two markets would be most popular, some experienced bettors will look for every ounce of value that they can get from the bigger markets.

Exacta or trifecta betting offers a chance to win more money, but there is a lot more risk involved in this market. In other words, you have to accurately predict which horse ends up first, second and third.

This might sound challenging enough, but some experienced horse racing bettors who do a lot of research examining speed figures and looking at speed maps have a chance of accurately predicting the first three places in a race.

So, if you want to pup up your odds and possibly win more money, exacta and trifecta betting should be your priority at the Kentucky Derby.

Multiple Betting

Another market that can be interested in the Kentucky Derby is multiple betting. The Multiple betting markets allow you to place bets on multiple races. This is another popular bet on the Kentucky Derby since this is the first leg of the Triple Crown race and many people like to bet on all three races.

While most people would argue that it is very hard to predict the winner on all three races, it is still a great way to spice things up and keep you excited while waiting for the other races.

David Pac

Update 09 January 2022