How to Bet on the Kentucky Derby in Michigan
Held once again this year on the first Saturday of May, the Kentucky Derby always brings plenty of eyeballs, attention — and betting dollars.
Bettors in Michigan can bet on the Kentucky Derby this weekend. Online sports betting was recently legalized in Michigan and horse racing is no exception to the rule. TVG is the best app for Michigan bettors looking to pick some winners before the 147th edition of the storied race.
Love horse racing? Awesome, take a look at some of the best odds and offers from TVG. New to horse racing? That’s fine too. Take a look as we go through some of the basics of horse racing to get you ready for the Kentucky Derby on Saturday.
Sign up with TVG by clicking here and grab a risk-free bet of up to $300.
Kentucky Derby Online Betting Is Legal In Michigan
Yes, you can bet on the Kentucky Derby from the comfort and safety of your own home this weekend. Michigan launched online sports betting earlier this year and it is off to a scorching hot start. Although horse racing falls under slightly different guidelines than normal sports betting, we expect there to be significant interest in the Kentucky Derby in Michigan.
Michigan is one of 31 states that allows for online betting on the Kentucky Derby. This is fantastic news for players who are still wary of venturing out to an OTB to place a bet due to the ongoing pandemic. TVG also offers a lucrative bonus that gives bettors an opportunity to bet on the Kentucky Derby with absolutely no risk attached.
How to Bet on the Kentucky Derby in Michigan
TVG is hands-down the best app to use for the Kentucky Derby in Michigan. The easy-to-use interface makes it easy for casual bettors to feel like a pro.
Don’t go looking to DraftKings, FanDuel, or William Hill for your horse racing needs. Due to the complex guidelines that regulate the sport, horse racing is not something that you can find on mainstream sportsbooks. You have to go somewhere that specializes in horse racing. Someplace like TVG. Follow these simple steps to bet on the Kentucky Derby this weekend:
- Sign up with TVG by clicking here.
- Place a deposit via any of the secure and convenient banking methods.
- Place your first bet risk-free up to $300. If your bet loses, TVG will refund your account up to $300 in site credit.
How to Bet on Horse Racing
If you are looking for moneylines, spreads, or totals, you have come to the wrong place. Horse racing is about win, place or show and exactas, trifectas, and superfectas. Let’s take a look at some of the basics of horse racing before moving onto some more complex forms of wagering.
Basic Horse Racing Betting
Win, place, and show are the most basic form of horse racing betting. “Win” means, well, finish in first place. “Place” is code for second place. And last but not least, “Show” is the verbiage used for the third-place finisher.
Betting on individual horses to win, place, or show is the easiest way to wager on the Kentucky Derby. It’s also worth noting that if you bet on a horse to show, but that horse wins, you cash on your bet.
Exotic Bets
Now, let’s get down to the nitty-gritty of horse racing. There are two main types of exotic bets—horizontal and vertical. Horizontal includes betting on multiple horses to win in different races. Not many casual bettors will be looking to make horizontal bets on Saturday. Instead, all the focus will be on the big race.
Plenty of folks will turn to vertical betting though. Vertical betting includes the exacta, trifecta, and superfecta. Bettors must accurately predict the top two horses in an exacta, top three in a trifecta, and top four in a superfecta. You can also “box” these bets which means that the horses you pick can finish in any order. You have to give away some odds if you choose to box a bet, but it is often worth it for the various ways a race can finish.
Kentucky Derby Odds
Here are the current odds for the 147th running of the Kentucky Derby:
| Horse | Odds |
|---|---|
| Known Agenda | 6-1 |
| Like the King | 50-1 |
| Brooklyn Strong | 50-1 |
| Keepmeinmind | 50-1 |
| Sainthood | 50-1 |
| O Besos | 20-1 |
| Mandaloun | 15-1 |
| Medina Spirit | 15-1 |
| Hot Rod Charlie | 8-1 |
| Midnight Bourbon | 20-1 |
| Dynamic One | 20-1 |
| Helium | 50-1 |
| Hidden Stash | 50-1 |
| Essential Quality | 2-1 |
| Rock Your World | 5-1 |
| King Fury | 20-1 |
| Highly Motivated | 10-1 |
| Super Stock | 30-1 |
| Soup and Sandwich | 30-1 |
| Bourbonic | 30-1 |
Kentucky Derby Sleepers
The biggest longshots on the board are Brooklyn Strong, Keepmeinmind, and Sainthood (all at 50-1), but if you are looking for a horse with good odds and a chance of winning you will have to look elsewhere. King Fury (20-1) is an interesting spot. He is within spitting distance of the favorites and he could offer a massive payout to any bettor gutsy enough to put some money down.
Of course, the Kentucky Derby is a race that generally ends up with a favorite in the winner’s circle, but never say never when it comes to horse racing.
Sign up with TVG by clicking here and grab a risk-free bet of up to $300.
