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How to Bet the 2023 Kentucky Derby

This Saturday, May 6th, the most anticipated day in horse racing will take place at Churchill Downs in Louisville, Kentucky in the 149th running of the Kentucky Derby. With that in mind, a vast audience will not only be watching the race but, with online betting legal in several states across the country, a huge amount of first-time bettors will be anxious to take part in one of sports’ great spectacles. Here is a guide on how you can place a wager on Saturday’s event.

The Importance of Post Position When Betting the Derby

With the Kentucky Derby fast approaching, let’s examine another critical element of the race that could help predict the race’s outcome. The Kentucky Derby is a race comprised of 20 horses, double the size of the typical field of ten horses in a specific horse race. With 20 horses vying for space on a crowded track, post position can often dictate the outcome of the derby.