Kentucky Derby betting options are opening for the 2025 running of the race at Churchill Downs. This year's event marks the first leg of the horse racing Triple Crown. Many individuals new to online horse betting will look at available platforms ahead of the race.
Online wagering sites are providing different offers as the Derby approaches. FanDuel Racing gives new users a $500 No Sweat First Bet, returning the stake as bonus credit if the initial wager does not win. This offer applies only to the first bet on the platform.
TwinSpires is another platform offering options for new users. The TwinSpires offer code CBSSPORTS provides $100 for every $400 wagered, up to $400 in total bonus funds. Users must wager $1,600 within 30 days of account creation to receive the maximum bonus.
A third option mentioned is 1/ST BET. Using the promo code 250BET, new users can receive up to $250 in bonus funds, earned at $25 for every $100 wagered. Fully maximizing this offer requires wagering $1,000 within 60 days. Choosing a platform depends on the individual bettor's intended wagering amount.
Placing bets on the Kentucky Derby involves navigating the chosen platform after funding an account. Linking a bank account is often suggested for deposits and withdrawals due to lack of fees. Credit cards may incur charges from the racebook or the card provider.
Once funds are available, bettors select the race track, race number, bet type, horse(s), and wager amount. Horse racing allows for various bet types beyond just picking the winner. These include place (top two finishers) and show (top three finishers) bets. More intricate wagers like exactas (first and second in order), trifectas (first, second, and third in order), and superfectas (first, second, third, and fourth in order) are also available.
Unlike standard sports betting where odds lock when placed, horse racing odds fluctuate based on the total money wagered in a pool until the race begins. This pari-mutuel system means payouts are determined by the betting pool size and the number of winning tickets.
Individuals looking to wager on the Kentucky Derby in the United States must use licensed horse racing betting apps like TwinSpires and 1/ST BET. Standard sportsbook apps are not legally permitted to take these wagers. Resources regarding responsible gambling are available through organizations like the National Council for Problem Gambling and Gamblers Anonymous for those needing help.
