Learning The “Secrets” of Picks

Top Tips for Betting at the Kentucky Derby

With a humongous field and millions of dollars added into the betting pools by passing sports fans, the Kentucky Derby is undeniably America’s biggest and most exciting horse race happening yearly. So what can you do in this mammoth event to win you a bigger bankroll ?

Here are a few tips:

Prepare yourself.

There is a bunch of information on the web to help you become a better handicapper and wager on Derby Day. There are replays of every major Derby prep, along with workout analysis, pedigree information, etc. to help you with your homework. As well, there is so much information, particularly opinions of incidental betting gurus, that you will probably do well to avoid. So if you are going to listen at all to their Derby Day advice, make sure they have an excellent track record behind them. Most press credentials given out on Derby Week are for writers and bloggers who only write about horse racing a week a year. Bear that in mind and rely only on trusted sources.

Create a strategy.

Decide on a budget and on a limit to how much you can comfortably lose. Derby Day will have a total of13 races, so it’s probably not the smartest to put all of your bankroll on the Kentucky Derby. The fields are big, but the betting opportunities are bigger and spread out throughout the day. Find races you feel strongly about and put a bigger portion of your budget there, and then less or even nothing on those which you are not very passionate about or you think are simply not worth a wager.

Find value.

Capitalizing on pony bets is essentially about finding overlays, which means value Plan your bets well and look for odds that look fair to you. If the odds of a horse looks like 5-1 to you but the tote board puts him at 3-1, you’d like to hold that wager and dig up the exotic pools instead to find better value and increase your potential profit.

Rules are not steadfast.

If there’s one thing we know for sure over the last few years, it’s that rules are made to be broken. Truth is, nearly all so-called inviolable Derby rules have been repeatedly, well, violated. Derby winners now return into the race from five and six-week breaks, run over polytrack in their closing preps, are handled by practically untested trainers, use new prep schedules and races, and have been raced a little.

Take it easy.

Finally, if you want to have a positive experience with the race, stop overthinking about it. Somehow, somewhere, something’s going to turn out unforeseen. Even the most meticulous plan will not give you total control. So keep it easy, keep your wagers intelligent, and have a good time.

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