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Planning on attending or hosting a Kentucky Derby party this year? Betting on your favorite horse(s) is a big part of the fun, and you don’t have to be at the track to get involved.
These tips will ensure you and your guests get a run for your money during the Run for the Roses:
If you live in one of the many states that allows advance deposit wagering (ADW), you’re in luck—you can place bets online and await the results from home. A popular option is TwinSpires.com, the official wagering partner of the Kentucky Derby. TwinSpires users can place bets on their computer or mobile device and enjoy high-quality livestreams of all the action. Even better, new players can take advantage of a $100 signup bonus.
Don’t assume you’ll have a chance to bet the Derby in the final minutes before post time—once your party gets going, time is bound to fly. Plan your wagers beforehand and place them well before the race, double-checking each bet for accuracy. This goes double if you’re placing bets on behalf of your friends and family. You don’t want to congratulate your cousin on winning a $5 show bet, only to realize you submitted the wrong number and actually wagered his money on a losing horse.
Games are a fun way to get everyone involved without necessarily spending a single cent. Write the names of every Kentucky Derby runner on slips of paper, place them in a hat, and let guests randomly draw a name to determine which horse they’ll play.
From here, the variations on gameplay can be infinite. You could arrange for everyone to place a $2 win bet on their chosen horse, giving them a real rooting interest in the outcome. Or you could bet with “Monopoly money,” wagering imaginary amounts and calculating what each player’s winnings would have been. Consider writing down various dollar amounts on slips of paper so players can choose their wager amounts at random; use a wide range of values ($2, $100, $1 billion) for maximum entertainment.
The Kentucky Derby is more than just a horse race—it’s a national event. Like the Super Bowl or March Madness, folks who don’t normally follow Thoroughbred horse racing will tune in to watch (and wager) on the Derby, which has been held every year since 1875.
Planning to join in with a wager or two of your own? Whether you’re paying a visit to Churchill Downs or partying from the comfort of your home, these five tips will help you get the most enjoyment out of your Derby betting foray.