Kentucky Derby Betting - How Do People Bet
Kentucky Derby is usually called the "greatest two minutes of sports". Every American would like to take part in this grand ceremony. Millions of people worldwide as well as those living in America are eagerly awaiting for the Kentucky Derby. Long lines at Kentucky Derby clerks windows on Saturday created a bizarre tableau of excitement and cash as punters tried to find the lucky winner.
"It can get pretty nerve-wracking," said a clerk who was working close to her daughter the 40 year old Brooke Bond. It's fun because you see so many people who are novice bettors, and the excitement in their eyes. Take a look at the costumes!
The large field of the Derby is usually difficult to forecast especially in the weeks leading up to the race on Saturday, experts have said that the 137th race included a handful of standouts as well as a wealth of likely winners. The result made the selection for gamblers all the more agonizing.
Churchill Downs reports that the Derby tradition ranks alongside sipping mint juleps and betting. Live Result Sgp The total amount of bets placed on all 13 Kentucky Derby races was $162.7 Million. The track repaid $133.1million, which is an 82 percent return to the punters. Record-breaking Derby betting on Saturday was $12,606,249. Derby betting was $12,606,249.
Bettors were betting just on the horse's name, sharp-dressed women drinking juleps-soaked cash over long shots as well as sharp-looking players craning their dog-eared Racing Forms.
Gamblers who are serious placed bets precisely: "Sixty dollar exacta box Three or six dollars," they took their tickets and fled. Casual bettors, far less certain of the person they would select in the event of anything happening, need some guidance.
"What's a three-pointer?" one woman in an edgy Derby headdress and diamond earrings said to low groans and eyes of people who were standing on the other side of her. "I am not sure what race it is!"
There was a wide array of betting strategies in the Bennett's office on Saturday. While many were betting on Dialed In as the daytime line favorite, they also realized that Dialed In is a losing bet only one third of odds.
A lot of people were more interested in the winning jockey rather than horses, such as Calvin Borel who won the three prior Derbys.
Other were looking up data on endurance, bloodlines and previous victories. Live Result Sgp Others were leaving to stroll the paddock to view the horses' muscle strength or to check the horses were agitated.
Then there were the people that chose to go with lesser-scientific methods, starting with Kentucky derby betting birthdays to taking the approach that eventually all bets are on winners.