Kentucky, famously known as the Bluegrass State, is synonymous with horse racing. Renowned for its prestigious Kentucky Derby event, the state serves as a hub for passionate bettors and horse racing enthusiasts. While eager bettors await the launch of Kentucky online sportsbooks, there are already numerous ways to engage in horse racing gambling.
Here’s our comprehensive guide to the best horse racing betting sites and apps for 2024.
Top 4 Best Horse Betting Apps
FanDuel
FanDuel stands as a leader in the online sports gambling industry, and the FanDuel Racing app upholds this esteemed reputation. The app delivers an exceptional user experience through its intuitive and straightforward navigation.
By partnering with TVG, FanDuel has harnessed advanced technology to create an outstanding betting platform and comprehensive horse racing schedule for fans. Their sponsorship of major events like the Belmont Stakes and the swift adoption of the app underscores the excellence of the FanDuel Kentucky app.
TwinSpires Horse Race
Operated by Churchill Downs Incorporated, headquartered in Kentucky, the TwinSpires Horse Race Betting app stands out with attractive new customer offers and a superior user experience. The TwinSpires Kentucky app is widely acclaimed and considered one of the best in the horse race betting industry.
DraftKings
For those new to horse racing, the DraftKings Kentucky app, known as DK Horse in app stores, is a perfect choice. Packed with stats and trends, this app helps bettors make informed decisions as they explore the horse racing market.
Caesars
In our assessment, the Caesars Kentucky app offers the most competitive horse racing odds. Be sure to check their odds board before every major and minor race for the best betting opportunities.
Other Horse Betting Apps & Sites
AmWager and Bet365 are among the top horse racing betting apps, and they are appreciated for their user-friendly interfaces that offer a seamless betting experience for users of all skill levels. These platforms provide extensive coverage of both domestic and international races, ensuring enthusiasts never miss a chance to place a wager.
With strong security measures in place, these apps instill confidence in bettors as they perform transactions. Additionally, they offer valuable insights, handicapping tools, and expert analysis, empowering customers to make informed decisions when placing bets on their favorite horses.
Popular Horse Race Betting Types
Horse race odds reflect the perceived probability of a specific outcome, such as a horse winning a race. They help bettors gauge the likelihood of a given result and determine the potential payout for a successful bet. In essence, odds represent the bookmakers’ or the betting market’s estimation of each horse’s chances, influenced by factors like past performance, track conditions, and the horse’s form.
Understanding the relationship between various odds and probability is crucial for creating informed betting decisions and maximizing your chances of winning in horse race betting.
Single Horse Wagers: Win, Place, Show
To enhance your sports betting experience, it’s essential to understand the various sorts of bets you can place. Here are some common Kentucky horse racing bets:
- Win Bet on a single horse to end first.
- Place: Bet on a horse to end either first or second.
- Show: Bet on a horse to end in the top three positions.
Multi-Horse Wagers
Beyond simple bets, there are more complex exotic wagers such as exacta, trifecta, and superfecta, which require you to pick multiple horses.
- Exacta: Requires selecting the first and second-place finishers in the correct order in one race. More challenging than win, place, or show bets, but it usually offers higher payouts.
- Quinella: Pick the first and second-place finishers in any order. It’s easier to win than an exacta, but it generally offers lower payouts.
- Trifecta: Select the first, second, and third-place finishers in the correct order in the same race. Difficult to win but can offer substantial payouts.
- Superfecta: Predict the first, second, third, and fourth-place finishers in the exact order. Extremely challenging but can result in significant payouts.
Multi-Race Wagers
Multi-race wagers require predicting the outcomes of multiple races correctly.
- Daily Double: Pick the champions of two consecutive races. This parlay bet adds extra difficulty but can offer attractive payouts for correct selections.
- Pick 3: Select the champions of three consecutive races. Harder to win than a daily double but with potentially more significant payouts.
- Pick 4: Choose the champions of four consecutive races. More challenging than a Pick 3 but offers even higher potential payouts.
- Pick 5: Predict the champions of five consecutive races. The difficulty increases with each added race, as does the potential reward.
- Pick 6: Select the prizewinners of six consecutive races. It is one of the most challenging bets in horse racing, but it can yield life-changing payouts for successful bettors.
