But if you’re here in Florida and you want to bet on the derby, you don't have to place it at a horse track. Derby Lane greyhound racing on Gandy takes bets on the derby as well. To place a bet, download the Twin Spires app and then follow the on-screen instructions to set up an account. Just signing up will score you $10 in “free” money, and you can add more funds from.

It’s known as the Fastest Two Minutes in Sports, and one of the most exciting days of the sports calendar. The 2019 Kentucky Derby is just around the corner, but you can get started betting long before the gates open at Churchill Downs. With this guide and the above video, we’ll be helping you figure out where to bet, how to bet, and what to bet on for the Kentucky Derby.

Let’s begin with what you can bet on when it comes to the Kentucky Derby and horse racing in general. The simplest bets you can make are straight bets called Win, Place, and Show. For each of these, you’ll be selecting one horse to bet on. If you bet on that horse to Win, then a first-place finish by that horse earns you a payout. Place and Show bets work the same way, except for Place you only need the horse to finish in first or second, while Show also allows for a third-place finish to pay. The payouts get smaller as you move from Win to Place to Show, and you don’t get a bigger payout or bonus for a first-place finish if you bet on a winning horse to Place or Show.

If you want to place a bet on a horse in advance of the Derby itself, you can place a Futures bet. These bets will give you better payout odds, but they lock you in on your horse no matter what may happen between when you place your wager and race day. If the horse you bet on in April is injured or pulled from the race prior to the start, you simply lose your bet. Futures bets are also paid out in more traditional fashion, where you place your bet and lock-in your payout odds. On other horse racing wagers, a pari-mutuel wagering system is typically used, where the final payout odds on each horse aren’t locked in until all bets are made. This means that your expected payout for a successful bet could shift in the time between when you make your wager and when the race begins.

When betting on horse racing online, there are a few things to consider. You’ll want to use a site that’s versatile so that, for example, you aren’t using one site for horse racing, another for basketball, and a third for football. You also want to make sure that the website or app works for your mobile devices. Betting online adds the convenience of being able to do it anywhere, and you want to make sure that the website you choose is available to you even when you’re away from your primary computer.

Financially, you want a site that gives you fair withdrawal and deposit guidelines, bonuses, and a variety of funding options for making deposits. Last but not least is customer service. Nothing is more frustrating than when problems arise, or you have an issue accessing or using something. This is why you want to make sure that your site of choice has the customer service to help clear up any issues you may or may not experience.

For more information on how and where to bet on 2019’s Kentucky Derby, check out Jim Beviglia’s article by clicking the button below.

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The Kentucky Derby is finally here, and so are the betting options.

COVID-19 forced the race to move from its usual May running to a September showing. Before 2020, the Kentucky Derby ran uninterrupted for 144 years.

The three-year-old thoroughbreds will be hitting the track this Saturday, Sept. 5. Post time for the race is at 7:01 p.m.

NBC will broadcast the race live, and will be streaming it live on its website and the NBC Sports app.

There will be no fans in attendance at the race.

Regardless of no in-person action, betting on the race from home is still a great option.

Kentucky Derby odds

Kentucky Derby betting in Indiana is easy.

Thankfully, Hoosiers can use either TVG or BetAmerica to place their wagers on the race. Since they’re two of the bigger online operators for horse racing, they’re both easy to use, even if you’re new to horse betting.

Bettors can place their wagers on these sites using advanced deposit wagering (ADW).

TVG is a trusted name in gambling. In addition to wagering, it offers great content and information from industry experts. The site also has handicapping from the professionals, and can be used to stream various horse races.

TVG also has plenty of deposit methods on the site, as well as promotions and welcome offers.

If online betting isn’t your thing, you can also bet in-person at any of the Winners Circle locations in Indianapolis, New Haven or Clarksville.

Here’s a look at the full list of 2020 Kentucky Derby odds, ranked by post positions:

1. Finnick the Fierce: scratch
2. Max Player: 30-1
3. Enforceable: 30-1
4. Storm the Court: 50-1
5. Major Fed: 50-1
6. King Guillermo: scratch
7. Money Moves: 30-1
8. South Bend: 50-1
9. Mr. Big News: 50-1
10. Thousand Words: 15-1
11. Necker Island: 50-1
12. Sole Volante: 30-1
13. Attachment Rate: 50-1
14. Winning Impression: 50-1
15. NY Traffic: 20-1
16. Honor A.P.: 5-1
17. Tiz the Law: 3-5
18. Authentic: 8-1

How to bet on the Kentucky Derby

Never bet on horse racing before? No problem! Here’s a quick explanation of how it works:

The hundred-point club

Ever since the current scoring system started in 2013, all of the Kentucky Derby’s winners have earned at least 100 qualifying points heading into the race.

However, there is one exception.

Country House won back in 2019, after Maximum Securitywas disqualified from the race. Country House had less than 100 points, but that race was one-in-a-million in terms of the disqualification.

Heading into the 2020 Derby, only four horses are in the hundred-point club. NY Traffic, Honor A.P., Authentic and Tiz the Law have hit that benchmark.

How Can I Make A Bet On The Kentucky Derby

Tiz the Law has an insane 372 points, making him the heavy 3-5 favorite for the race. Authentic has the next highest point total, although he’s far behind at 200 points.

A huge chunk of those 372 points came from Tiz the Law’s landslide win at the Belmont Stakes back in June.

Tiz the Law is gunning for a sweep in all three races of the Triple Crown. With a Belmont win under his belt, the Kentucky Derby is now in the crosshairs.

Where Can I Place A Bet On The Kentucky Derby Racing

Promotions for the race

Now is a great time to get in on the Kentucky Derby betting action, even if you’re new to the horse racing world.

Right now, TVG is offering a special Kentucky Derby promotion that’s aimed at new users.

Once you sign up for TVG, you’ll snag a $200 risk-free bet on the Derby.

The site is also running a money-back special for Derby day.

Basically, if the horse you bet on comes in second or third in their race, then you get your money back. That promo is available for the following races on Saturday:

• Race 3
• Race 4
• Race 5
• Race 6
• Race 7
• Race 14

At least for now, BetAmerica doesn’t have any promotions up for the Kentucky Derby.

However, that might change come race day. Check in with both TVG and BetAmerica’s websites for the most up-to-date list of options.

DraftKings, PointsBet Kentucky Derby

Even though DraftKings and PointsBet don’t offer odds on the race itself, they’ve both found a way to get involved with the Kentucky Derby.

DraftKings is offering a free-to-play race pool on both its sportsbook and daily fantasy sites.

Since it’s the 146th running of the Derby, there’s $146,000 up for grabs.

First things first; to take advantage of the promotion, you’ll have to sign up for DraftKings.

Next up, navigate over to the “pools” section of DraftKings’ website. Once you’re there, just click on “The Big Race” pool to get started.

To finish your free entry, you’ll have to make a handful of predictions about the Derby.

Which horse will finish in first place? What will the winner’s post position be? In total, there are eight questions that you’ll need to answer.

First place in the pool will win the grand prize of $14,600, with second place taking home $5,000. DraftKings will be paying out at least $5 to the top 5,660 players, so there’s a decent chance you come away with something if you participate.

PointsBet’s Kentucky Derby promo is focused on new users.

All you need to do is sign up here, and then place a bet on anything.

Once you place your first cash bet, PointsBet will give you $150 in free bets if Tiz the Law wins the Kentucky Derby.

Since Tiz the Law is the heavy favorite for the race, this promo is a great way to get started with PointsBet if you don’t already have an account.

This year’s Derby is sure to be one to remember given the unique circumstances, and betting on the race is a great way to enhance the viewing experience.