Kentucky Derby Betting Canada

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The Kentucky Derby is arguably the biggest horse racing in America. Known as the Sport of Kings. horse racing is big all over the world and every region has its own big race. In the UK it’s the Gold Cup or the Grand National, in the Middle-East it is the Dubai World Cup, whilst on the North American continent, the biggest race by far is the Kentucky Derby. We’re someway away from the Bluegrass State up here in Canada, but Canadians gamblers bet on this race almost as much as US gamblers do, mainly because we have more direct access to legal online and offline sports betting than our neighbors south of the border do, but also because we love horse racing up here.

If you have your yes on a Kentucky Derby punt, then this article can help, with some tips on how you can get more value out of this historic race. Before we get into that though, let’s look at the most important part of any horse racing bet: the race book you bet with.

Sports Interaction

Based here on the North American continent, Sports Interaction is the biggest sports betting site for Canadian and US players. This site has been going strong since the late 1990s, and it has stood as the biggest and the best sports book on this continent since then. As well as an eclectic mix of markets on horse racing, they also offer bets on everything from boxing and football, to golf and tennis.

When it comes to North America’s biggest horse race, Sports Interaction lights up. You can find the form and the draws for all horses in the race, and you can also place a number of bets on this, as discussed below. On Sports Interaction you will find the best odds, all of which are updated frequently, and if you’re lucky enough to pick the winner then your money will be in your account within minutes. What you do with it from there, whether you use it to gamble on the many other sport betting markets, or to have a quick flutter on the casino games or in the poker room, is entirely up to you. You can, of course, put it straight into your bank or charge it back to your credit card or debit card, a process which typically takes less than 72 hours to complete.

Each-Way

An “Each-Way” bet basically allows you to place two bets in one. The two “ways” are considered to be the place and the win, and when you choose the Each -Way option on a bet (it will be available as a checkbox next to your bet) your stake will be doubled. If the horse then goes onto win, you will get 50% less than you would get from the same stake as a win bet, but you are also covered if your horse finishes in the places. How much you win depends on the odds and how many horses there are in the race, but for the Kentucky Derby you will typically get 1.4 of the odds for a first, second, third and fourth finish.

An Each-Way bet is a great way to earn money from promising outsiders, and in races like the Kentucky Derby, which generally has big fields and big odds all-round, this bet is also profitable when used on the favorites. However, if you are looking at a return of $20 or less from a $10 win bet, then this horse is not worth an Each-Way bet.

Trifecta

A trifecta is where you choose which horse will finish first, which will finish second, and so on for all of the places. This is often just for the first three horses, which is where the word “trifecta” comes from, but similar bets can also be placed on the first two and even the first four. How much you win here depends on the odds of the individual horses, which is to say that you’ll win a lot more from guessing that the two outsiders will finish first and second than you would from betting the same on the race’s two favorites.

Either way though, the returns on these bets are very big as they are very hard to predict. If you can correctly guess the first three placers in a horse race with a field the size of the Kentucky Derby, then you could be in for a very big payday. Your actual odds will probably not be visible to you at the start of the race or when you place your bet, as this is usually calculated when the race has been won. There are a lot of variables at stake here, but it is not unheard of for small stake players to win thousands of dollars from these types of bets.