How To Keep Your Kentucky Odds Locked In

The Kentucky Derby is one of the reasons that horse racing is one of oldest pastimes in the United States, as it now stands well over a century old. The Kentucky Derby has been around for so long that it sees more wagers placed on its racers than most other sporting events. Although there's a two million dollar prize set aside for the racer who wins the Kentucky Derby, many more fans who placed their bets on that racer will go home with considerable sums as well.

Since people can set a wager on almost any aspect of the Kentucky Derby, every shift in the lineup greatly affects huge bets all over the States. With the arrival of online sites that allow you to lock in your rates, many Kentucky Derby fans are staying at home just so that they can manage their odds from a place where they can quickly research any new updates. A bet that has already been placed can see its odds shift greatly due to a single racer dropping from the lineup, so Kentucky Derby fans take their feeds very seriously.

Only racers who are confident in their victories will enter the Kentucky Derby 2013 because of its costly entrance fee, so every single racer is observed closely when balancing the odds against other racers. Many Kentucky Derby fans come to Louisville as early as April, to begin casing their wagers and the odds of the various racers winning. The yearly favorite has less than a 50% chance of winning in the Kentucky Derby, according to its history, so handicapping is a common practice for anyone looking to walk away with any winnings. Most people who make any long term revenues off of horse racing will carefully lay out their handicapping strategies when placing their bets.

Although there are many bets with large payoffs that require people to invest significant amounts, there are also many betting pools, such as the Triple Crown, which are free to enter, and can reward up to $100,000. Serious fans will place wagers in many different betting pools, maximizing their payout by watching the statistics of these pools as closely as they watch the racers themselves. While most of the time having your rates locked in online will allow you to get bonus cash as odds change out of favor, odds tend to go both ways, so you can be just as likely to suddenly see your odds improve greatly if you place your bet in person.

Even as the internet has made betting on the Kentucky Derby very easy, and even quite profitable, nothing beats coming into Louisville to take part of the festivities, and collecting some souvenirs. Regardless of whether or not you're going to place a bet, you'll want to book your flight early into Kentucky, as fans will start filing in as early as April to enjoy some Mint Julep, and the general atmosphere of the town before the Derby starts. Once you've found a good rate on your flight and hotel, and are finally in the city, you're still quite welcome to place your wages online to lock in your odds. Learn more about the 2013 Kentucky Derby Odds.