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Why Exotic Wagers Are Really For Beginners

Published On Mar 28, 2013

Are you a newcomer to horse racing and think that exotic wagers are for advanced bettors only? Put those ideas aside because there is one bet you can place as a novice gambler that comes with a little bit of insurance. If you think that you are going to be swept away into unknown territory with something called an exotic wager, think again. New bettors can easily use an exotic betting option online or offline to ensure that they do not lose their shirt each time they bet.

One of the best ways to use this bet is for the Kentucky Derby. Along with information about this race’s history and odds, this website can also help new bettors sign up for a new account. In order to make your first successful exotic wager, examine the details below on placing a Trifecta bet for the 2013 Kentucky Derby.

New Kentucky Derby rules help beginner Trifecta bettors

The 2013 Kentucky Derby prep race season started on September 22, 2012 with a new set of rules. In the past, no one was sure about which horses had a chance of being in the Kentucky Derby until immediately before the start date. This year, bettors have a better idea of which horses are likely to gather enough prep race points to run in the 2013 Kentucky Derby. To put it simply, this new system of selecting horses will be a lot like the NBA Playoffs tournament brackets. Since Trifecta bets require handicapping a set of horses in advance, the new contender selection system is perfect for beginners to exotic wagers.

Preparing yourself for Kentucky Derby exotic wagers

What happens too often is that no one will place a bet for the entire year until the Kentucky Derby rolls around. Rusty and inexperienced bettors will usually pick one horse that they think will win, and a pile all of their money onto that one horse. Sadly, this is the worst strategy since it increases your chances of losing altogether dramatically. A better idea is to buy some betting insurance by placing an exotic wager instead. To test this theory, place a few practice bets on other races before the Kentucky Derby.

Understanding the Trifecta bet

Let’s say that you are looking at a horse named Mister Prancer to win the 2013 Kentucky Derby. On the other hand, you are not sure if a second horse named Mint Julep Supreme or a third horse named Jerry Neighbors will actually finish the race in first. If you have three horses that you know will come in either first, second, or third place, you should get a ticket that mimics that feeling. This exotic wager ticket is called a Trifecta box bet.

Make sure you get a Trifecta box

Betting on three horses to land in any of three different spots puts you at a total of 9 combinations, (at $2 per combination), and means you must bet at least $18. If you get a Trifecta ticket that costs $6 or less, chances are that you did not get a Trifecta box that has all your bases covered. It might cost more to buy a Trifecta box bet, but keep in mind that the payouts for trifectas versus a win bet are tremendous. The 2012 Kentucky Derby win bet payout for I’ll Have Another was $32.60 versus $1,532 for the Trifecta that included Dullahan and Bodemeister.

Placing your first Trifecta bet online

In order to place a bet online, you will need to set up an account. This only takes a few minutes of your time with the help of the Internet. To cross compare choices online, take a look at our long list of sports book reviews. Once you have your account information in place, you will have a chance to take advantage of any betting promo codes, coupons or bonuses. Within minutes, you will find information about upcoming races and their possible candidates. After placing your practice bets, you will be ready for your biggest bet of the year — the Kentucky Derby.

The best piece of advice is to wait to place your Kentucky Derby Trifecta bet on the day of the race. This way, you have one last chance to watch the horses online during their morning workout. As long as you have your Trifecta bets placed before noon EST on the first Saturday in May, you will have a successful wager positioned to win.

Kentucky Derby Festival 2013 Dates Announced

Published On Mar 21, 2013

Are you searching for 2013 Kentucky Derby Festival dates? Long before the Kentucky Derby, this organization ensures that Louisville locals and tourists can celebrate in over 50 ways. Although there are unofficial festivities taking place during the months of March, April and May, the ones associated with the KDF.org website are listed at the bottom of this page. To ensure you do not forget to bring your Pegasus Pin, the Kentucky Derby Festival dates in this article are grouped into ticketed events, ones that require a Pegasus Pin, and other. For locations times or links to individual websites for the events, consult the KDF.org website and click on the “discover” tab located in the upper right hand corner of the homepage.

One of the things you will see when you are at some Kentucky Derby events is a chance to learn more about betting. However, do not forget that DerbyBetting.org is a fantastic resource for understanding how to place a bet or evaluate which horse has the best chance of winning. We also provide our website visitors with a chance to sign up for a new Kentucky Derby betting account and provide reviews of betting websites.

Tip: Most of these events are limited to one day, but the two exceptions are the Chow Wagon and US Bank Great Balloon Fest. Taking place from April 25 to May 3, a Pegasus Pin is required to enter the Chow Wagon area. The Great Balloon Fest is also a Pegasus Pin event and runs from April 25 to 27.

Ticketed 2013 Kentucky Derby Fest events:

March 28 – Macy’s Spring Fashion Show

April 14 – Basketball Classic

April 17 – Taste of Derby Festival

April 18 – Horseshoe Foundation Night of the Future Stars

April 19 – They’re Off! Luncheon

April 20 – Fillies Derby Ball

April 26 – Running Wild Pasta Dinner

April 27 – KDF Marathon and Mini Marathon

April 27 – NPC Derby Championships

April 27 – Da ‘Ville Classic Drum Line Showcase College Fair

April 28 – Subway’s Mini Fun Run

April 28 – Mayor’s Derby Brunch on the River

April 28 – Children’s Tea with the Kentucky Derby Festival Princesses

April 30 – Texas Hold ‘Em

April 30 – Kentucky Proud WineFest

May 1 – Great Steamboat Race

May 2 – Celebrity Day at the Downs

May 2 – 100 Black Men of Louisville Derby Gala

May 2 – Republic Bank Pegasus Parade

Pegasus Pin required for entry:

April 4 – McDonald’s Thunder Preview Party

April 20 – Thunder Over Louisville

April 20 – Ford’s Thunder on the Ground

April 25 – Kroger’s Fest-a-ville

April 25 to

May 3 – Chow Wagon

April 25 to 27 – US Bank Great Balloon Fest: includes the Great Balloon Fest Glimmer, Rush-Hour Race, Glow and Race finale

April 26 – Zumba Fitness Jam

April 28 – Gospel Fest

April 28 – Louisville Youth Orchestra Concert April 29 – Happy Tail Hour

April 29 – Great Bed Races

April 29 – Discovery Day presented by PNC

April 30 – Republic Bank Pegasus Parade Preview Party

April 30 – Anthem Blue Cross and Blue Shield Kentucky Derby Festival Healthy April Lifestyle Showcase 30 – Ramble for the Roses

May 1 – Battle of the Bounce

May 3 – Kroger’s Derby Eve Jam

Other 2013 Kentucky Derby events:

April 13 – Give A Day Volunteer

April 16 – King Southern Bank Kentucky Derby Festival Foundation Pro-Am Golf Tournament

April 18 – Stock Yard’s Bank $1 Million Dollar Hole-in-One-Golf Contest

April 21 – Kentucky Derby Festival Volleyball Classic

April 29 – Don Fightmaster Golf Outing April 29 – ATT Kentucky Derby Festival Morning Line

May 1 – Battle of the Bounce

2013 Kentucky Derby Tickets On Sale Now

Published On Nov 28, 2012

Are you looking for tickets to the 2013 Kentucky Derby? If you wait until the last minute, you will join the millions of people that have ended up with the worst seats at the Kentucky Derby or none at all. Over the past 135 years, ticket sales for the big Kentucky race have been a luxury that only a few are able to obtain. While the prices are high, they are also in high demand. For this reason, if you see a ticket to the Kentucky Derby, you need to strike while the iron is hot, and buy your Kentucky Derby ticket.
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Kentucky State Betting

Published On Nov 19, 2012

It appears that Kentucky Derby betting is changing – but is that true? While California was due to switch to exchange betting, the legislature decided at the last minute that May, 2012 was not the appropriate time. This left a lot of betting exchanges feeling that the state laws were still in the dark ages. While bettors and those that facilitate wagers are still angry about California’s decision, what does that have to do with the Kentucky Derby? Like California, within the state of Kentucky there are plenty of lawmakers that hold up production and keep betting from moving forward.
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Bettors Welcome 2013 Kentucky Derby Preseason Races

Published On Oct 4, 2012

Unlike other years before it, the Kentucky Derby preseason races now officially start in September. By changing the way that the contenders are selected, Kentucky Derby organizers hoped to introduce a system that is similar to other tournaments and playoffs. Now, race horse bettors have more horse races to focus on than ever before, hence, more excitement throughout the year.

With new interest in getting amateur horse bettors into the mix, old pros will have bigger betting pools for each of these 36 horse races, the Kentucky Derby preseason races. Although the action really heats up between February and May, there are 12 races before that with potential big wins.
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Why Isn’t Horse Racing An Olympic Sport?

Published On Jul 30, 2012

Right now, the whole world is gearing up to watch Equestrian events taking place in Greenwich Park for the 2012 London Olympics. The superstar of this year are the horse and human athlete team of Whisper and 71-year old Hiroshi Hoketsu. Filmed in one of the breathtaking Royal Parks of London, is there a reason that the Equestrian gold medals are limited to dressage, eventing, and jumping? After all, with events like the Breeders’ Cup and the Kentucky Derby, doesn’t it seem like horse racing at the Olympics would make sense?

Despite being a part of Olympic history, there are several reasons that show the likelihood of horse racing becoming an Olympic event are slim.

When horse racing was Olympic

Although it is restricted today, during the first Olympic Games, there was always participation from racing horses. When the Greek Olympics of 648 BC took place, there were chariot drivers and mounted horse races. Like today, horse racing at that time was closely connected to gambling. Sadly, horse racing was canceled from the ancient Olympics due to fierce gambling.

This situation boiled up over what is now known as the Nika Riots. An estimated 40,000 people may have been killed in the 531 BC uproar that burned half of Constantinople. Since this riot began over a chariot race, Rome and Greece subsequently decided horse racing related Olympic events could result in catastrophe.

Two Big Horse Races Approach; The Preakness Stakes and Belmont Stakes

Published On May 18, 2012

After a big event such as the Kentucky Derby, horse racing enthusiasts can’t wait for the rest of the US Triple Crown events that take place each year. All of the excitement of seeing powerful and graceful horses speed their way around the track should not be contained to just one race in particular. This is why among the top horse races in the US, is the Preakness and the Belmont Stakes. Both of these races have a rich history within the wonderful world of horse racing. To better understand where events such as these are heading to, one needs to know where they came from. These two races will definitely be the main attractions in 2012; along with the participating competitors and the bettors alike.

Preakness Stakes

Preakness, Belmont Stakes Foreshadowed By Kentucky Derby Record Crowd

Published On May 10, 2012

With Preakness and the Belmont Stakes just around the corner, the events at the 138th Kentucky Derby on May 5, 2012 give us some idea of what to expect. On the day of the “Run for the Roses,” there was record-breaking crowd that also brought in one of the biggest betting pools. The anxiety level among the spectators may not have been easy to measure, but this year’s odds – with impossible to pick favorites – were an indicator.

Now, many of the same horses are following I’ll Have Another up to the gate to see if they can right any wrongs from their performance at the first of the three 2012 Triple Crown legs. With the odds for the 2012 Kentucky Derby winner set at 15-1, it is likely that the Preakness and Belmont Stakes will also have bettors looking at the long shots.
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Kentucky Derby Promotions

Published On May 5, 2012

The day for the big Kentucky Derby Races is here (May 5th 2012), and with this short but probably the most exiting 2-minute event of the year, comes lots of entertainment, fashion, information, and growing in popularity, lots of betting on the Kentucky Derby. Of course, with any betting comes a good opportunity for free cash and bonuses – and these are here in a thorough summary of the Kentucky Derby promotions you will find within the recommended racebooks at derbybetting.org – promotions that in most cases, are special and not standard to the betting sites general year-around seasons.

Bear in mind, not all Kentucky Derby promotions and racebooks are friendly for all players, for instance, these thress are for US players only, most of which are US licensed too:

Hats, Drinks, and a Chance of Showers at the Kentucky Derby

Published On May 5, 2012

The 138^th Kentucky Derby promises to be an eventful day, where people from all around will join in watching the greatest two minutes in sports history. Although the weather forecasts have predicted a sunny afternoon for the derby eve event, the Kentucky Oaks, sadly it will not be the same for the main event. The local weather has been predicted to have showers, and could even develop into storms. These threats may dampen the race track but it certainly won’t dampen the fans or the horses’ spirits. With the media making this race out to be a possible history changer, many fans are anticipating a great two minute battle between the jockeys and their great horses.

Even with the weather forecast looking gloomy, the fans are still up for going to the track in style. As it was customary, and still is, at the Kentucky Derby for the men to wear their finest suits and for the women to wear their best southern fashion. Organizers of the Kentucky Derby have admitted that even though the derby is an amazing sporting event, it isn’t only about the race. The race will be over in two minutes, but the whole experience of going, enjoying, and making memories will also have a big impact on the popularity of the event. The event in its glory days was all about class and style, and this is what makes it such a highly anticipated event; where men and women can both dress for the occasion.