What To Bet On The Kentucky Derby
- The 2020 Kentucky Derby will now take place on September 5th with limited crowd capacity.
- Thanks to a new ruling, it’s now possible to bet on the Kentucky Derby in Nevada.
- Online betting options are now available throughout the country, as well.
We’re just over a week away from “the most exciting two minutes in sports.” For a time, it seemed as if Nevada’s sportsbooks would be unable to offer odds on the biggest horse race of the year. Fortunately, it’s now possible to bet on the Kentucky Derby in Nevada again.
How to bet the Kentucky Derby. Over $150 million is won by bettors wagering on the Kentucky Derby each year. Learn how to bet on the Kentucky Derby here; with tips fro our experts, important information on contenders, and of course the best place to bet on the Kentucky Derby in our official partners and sister site, TwinSpires.com! Everything you need to know to Bet the Kentucky Derby From Home at the Kentucky Derby. The 2021 Kentucky Derby is the 147th renewal of The Greatest Two Minutes in Sports. Live odds, betting, horse bios, travel info, tickets, news, and updates from Churchill Downs Race Track. The 2020 Kentucky Derby will now take place on September 5th with limited crowd capacity. Thanks to a new ruling, it’s now possible to bet on the Kentucky Derby in Nevada. Online betting options are now available throughout the country, as well. We’re just over a week away from “the most exciting two minutes in sports.”.
As many know, this is one of the most-wagered-on events of the year. The 2020 Kentucky Derby will certainly be different from ones in the past, yet it’s still likely to draw in a huge number of bets. Today, we’re going to look at why Nevada is now being allowed to offer wagers on this race.
Let’s get into it!
What To Bet On The Kentucky Derby Live
Putting On the 2020 Kentucky Derby Hasn’t Been Easy
In March, the entire sports and entertainment industry came to a screeching halt. Horse race tracks were immediately forced to shut down and all major races were delayed until further notice. At that time, no one could say how long the regulations would last for.
Many felt that by May, racing events would resume. Time went on, however, and most of the country’s regulations either stayed in place or intensified. By mid-April, it became clear that it was impossible to host the 2020 Kentucky Derby on its original date.
For the first time since 1945, the Kentucky Derby was forced to be rescheduled. Event organizers announced the race would instead be held on September 5th. Hope was that by this time, fans would be allowed in the stands and some sense of normalcy would be back.
Several ideas were put forward on how to safely hold this event. Under normal circumstances, it draws in thousands of spectators into a small area to eat, drink, and enjoy the atmosphere. Organizers eventually agreed to allow just 14% capacity in the stands.
Those attending the race will notice some major changes. Masks will be required at all times, except while eating and drinking. The famous mint juleps will still be offered in disposable cups and only pre-packaged foods will be available.
It took a tremendous amount of effort to organize this year’s Derby. News has just broken that fans based in Nevada will now be given permission to bet on the race winners.
Gaming Commission Approves Amendment to Bet on the Kentucky Derby in Nevada
The popularity of sports betting is skyrocketing around the United States. Horse race betting remains one of the most popular options and many consider Nevada the mecca for this form of gambling. Incredibly, it seemed as if it would be impossible to bet on the Kentucky Derby in Nevada this year.
In the past, Nevada’s sportsbooks could only offer bets on events of which results were given by licensed disseminators. This year’s Kentucky Derby won’t have that luxury. Instead, sportsbooks will need to rely on nationally televised broadcasts for the results.
This proved to be a major issue for Nevada’s many sports betting companies. Without odds on the race, they’d lose out on a massive amount of much-needed revenue. The Nevada Gaming Commission has just officially approved an amendment that allows wagering on this event.
Place Bet On Kentucky Derby
Many regulators fear this will result in betting scams. Broadcast delays may result in what’s known as “past-posting,” betting on an event after it has begun. Some of Nevada’s gaming commissioners now want to organize a workshop to come up with a more permanent solution for situations like this one.
“We want to be able to bet (on the Kentucky Derby), but we also want a workshop,” Commission Chairman John Moran said.“Roll up your sleeves and get ready to have some workshops.”
Racing fans have to be happy. It’s now officially possible to bet on the Kentucky Derby in Nevada through most sportsbooks. But what about those located outside of Nevada?
Online Betting Options for the 2020 Kentucky Derby
Nevada recognizes how many bets the Kentucky Derby will generate this year. Many of the online sportsbooks in the US do, as well. Horse race betting sites around the country are now offering fantastic odds for this year’s historic race.
That includes Bovada. This site launched back in 2011 and is now one of the biggest and most respected online sportsbooks in the country. Bovada is offering some amazing odds for each of the horses taking part in the 2020 Kentucky Derby.
At the moment, Tiz The Law leads the odds to win at -130. Art Collector comes in next with current odds of +550 to get the win next weekend. Want to go with an underdog? Consider a bet on Max Player at +3500.
Bovada is available in almost every single state around the US. It offers safe payment options and some great odds for this year’s Kentucky Derby. Check it out to see what else is being offered!
Nevada remains the sports betting capital of the world. Thanks to a new ruling, it’s now possible to bet on the Kentucky Derby in Nevada. We’ll need to wait and see how the commission moves forward with its regulations after the race.
Are you excited to watch the Derby this year? Which horse do you think wins? Let us know in the comments section below!