How To Bet On The Kentucky Derby In Texas
The Kentucky Derby takes place at Churchill Downs this Saturday, September 5th. This years Derby was postponed from it’s original date of May 2nd and this has caused the 2020 Kentucky Derby to become the second race of this years Triple Crown after the Belmont Stakes went ahead as scheduled on June 20th.
The Kentucky Derby is the one day a year where horse racing takes the front seat in the sports world, and people who don’t normally gamble on horses look to get some action on the most exciting two minutes in sports. Kentucky Derby coverage takes over NBC from 2:30-7:30pm on race day and the betting odds will be the most popular topic of conversation.
On this page I will recommend my favorite offshore sports betting site where Texans can bet on the Kentucky Derby, touch on the legality of betting on the Derby from Texas and provide a simple 3 step guide for Texas residents to get their Kentucky Derby bets placed online within minutes.
How To Watch the 2020 Kentucky Derby This year’s Derby will air on Saturday, Sept. 5 starting at 2:30 p.m. NBC is also home to the 2020 Kentucky Oaks, the 2020 Preakness Stakes. You can bet on the Kentucky Derby with a $300 free bet at TVG. You must be a new user and create a new account. You will then receive a $300 free bet with the most respected legal online horse racing website – TV. Kentucky Derby betting preview: How to find value around heavy favorite Tiz The Law. A controversial technical foul basically decided a Texas state high school basketball playoff game.
Best Online Sportsbook for Texans
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BetOnline is the best online sportsbook for Texans interested in betting on the Kentucky Derby. They are an offshore sportsbook, so they accept Texas residents with no issue.
New players get a free $25 horse racing wager that can be used on the Derby, as well as a 7% rebate on daily horse racing bets and a bonus of up to $1000. Check out our full review here.
Kentucky Derby Betting in Texas
Texas is one of several states that does not allow residents to bet on horses through the official racetrack websites.
That said, there are several offshore betting sites, like BetOnline.ag, that will accept Texas residents and allow you to bet on the Kentucky Derby from the comfort of your own home with no restrictions. It is perfectly legal for Texas residents to use these offshore betting sites. Check out our Texas sports betting section for a further breakdown of the sports betting climate in Texas.
How To Bet On Kentucky Derby From Texas – 3 Steps
Follow these three simple steps to get your Kentucky Derby bets placed online before the race.
Step 1. Register Your BetOnline.ag Account
BetOnline is our top rated betting site for Texas residents. They accept players from across the entire United States and are focused on providing a trusted and easy to use betting platform for American residents. BetOnline has served the American sports betting market since 2004 and they are committed to building their brand and continuing to offer a great betting service to the American public for the long term.
Click here to visit BetOnline.ag, click ‘Join Now’, and fill out the short sign up form on the home page to create your account.
Step 2. Deposit Funds
After creating your account click on the green ‘Deposit’ button in the top right corner of the website to deposit funds.
BetOnline accepts Visa, MasterCard, American Express, cryptocurrencies, Skrill and Neteller deposits, each of which get the funds into your account instantly.
Use bonus code BOL1000 when making your first deposit to opt-in to the 50% matching bonus up to $1000.
You can cash out your winnings via cryptocurrency, Skrill, Neteller, bank wire or courier check.
Step 3. Bet On The Kentucky Derby
You’re ready to bet on the race. Depending on if you’re betting on the Derby on a day leading up to the race, or on race day itself, the way in which you can place your bet varies.
Before Race Day
Leading up to race day you can place a futures wager on the 2020 Kentucky Derby winner in the ‘Sports’ section of the website. Click on ‘Sports’ in the top navigation bar and then select ‘Horse Racing’ -> ‘Horses Daily’ and ‘Churchill Downs’ from the left sidebar. The Kentucky Derby winner odds will be available under September 5th on this page.
Pick your horse -> enter your risk amount -> click ‘Place Bet’.
Here’s a screenshot to show you the steps with arrows:
On Race Day
On Saturday you will be able to place your bet through the ‘Racebook’ section of the site. Click on ‘Racebook’ from the top navigation bar and then select ‘Thoroughbred’ and ‘Churchill Downs’ from the left sidebar. Pick race #14 from the list of races at Churchill Downs (it will be the race with the 7:01pm EST post time) and then select which type of wager you want to make (straight, exacta, etc).
Pick your horses(s) -> enter your risk amount -> click “Submit all bets” and confirm.
Here is a screenshot showing you the clicks to bet on this years Kentucky Derby in the Racebook:
The bets you make through the ‘Racebook’ section will be using the parimutuel betting system, which means the odds will change depending on the amount of money that is wagered on each horse. Check out our horse racing section to learn more about the various bets you can make on the race.
Ready to bet? Click here to visit BetOnline.ag.
Tagged With : Bet On Kentucky Derby • Kentucky Derby • Kentucky Derby betting • Kentucky Derby Texas
How To Bet On The Kentucky Derby In Texas 2020
Authentic surprised us all by upsetting Tiz the Law in the Kentucky Derby
Saratoga's own Tiz the Law was expected to win a Kentucky Derby that — for the first time in its history the second leg of the triple crown — but was held off late by 10-1 underdog Authentic. The Bob Baffert-trained horse won the 1.25-mile race and led the majority of the way, with John Velazquez saving just enough of his energy for the final stretch.
The results went official as Authentic first, followed closely by Tiz the Law at second, and Mr. Big News in the show spot. The final finish behind these three went as follows: Honor A.P., Max Player, Storm the Court, Enforceable, NY Traffic, Necker Island, Major Fed, Sole Volante, Winning Impression, Money Moves, Attachment Rate and South Bend. Three horses scratched from the 16-horse field.
What are the betting payouts for the 146th Kentucky Derby?
The payouts for owners are as follows: Authentic wins $1.86 million, Tiz the Law wins $600,000 and Mr. Big News wins $300,000.
The betting payouts, however, are where things get interesting. The following information is courtesy of NBC Sports, and is meant to relay information related to a simple $2 bet. A simple bet to win on Authentic would've netted $18, while a place wager would've netted $6, and a show gamble would've won $5. Tiz the Law to place or show was hardly worth the gamble, as a winner would've only received $3.40 or $3.20 respectively. Believing in Mr. Big News to show, however, would've netted an impressive $16.80.
The exacta, trifecta and superfecta bets are a different story entirely. The exacta paid out at $41, the trifecta netted $1,311.80 and the superfecta won a staggering $7, 925.80.
How To Bet On The Kentucky Derby In Texas Motor
Another year, another Derby in the books. We hope you all went home winners.