The Kentucky Derby is known for many things. For example, it’s called “The Fastest Two Minutes in Sports,” “The Run for the Roses,” and “The Most Exciting Two Minutes in Sports.” Most importantly, the Kentucky Derby is the biggest and most important horse race of the year. More gamblers will bet on the 2023 Kentucky Derby Odds than any other race. Thus, the hype and the buildup for Saturday are reminiscent of the Super Bowl. At the onset of the week, Forte opened as a 2-1 chalk to win the blanket of roses.
2023 Kentucky Derby
| Date and Time: | Saturday, May 6, 2023 |
|---|---|
| Location: | Churchill Downs, Louisville, Kentucky |
| TV Coverage: | NBC |
2023 Kentucky Derby Odds
2023 Kentucky Derby SBG Odds Overview
The most significant factor of the Kentucky Derby is the classic sportsbook battle of sharps vs. squares. The Derby draws a massive amount of casual money. For millions of gamblers, the Kentucky Derby is the only horse race they will wager on in 2023. By contrast, the sharp horse racing bettors must account for all that casual money. The actual betting line for the Kentucky Derby is altered by media hype that the masses use to “handicap” the race.
Specifically, one of the top challenges for betting on the Kentucky Derby is assessing what odds should be compared to what they are. Favorites at the Kentucky Derby are consistently overpriced. Cause by the group thinks of squares that use media hype promotion of the chalk for their bets. Thus, Wise Guys can get annoyed about those prices on top horses that are usually above what is merited.
Exotic Wagers Used by Sharps to Find Value
As a result of the square influence on the line, Wise Guys will use exotic wagers to try and boost the value of the best horses. Let’s examine the most common exotic wagers.
Exacta
One of the oldest exotic wagers, the exacta, requires you to select the top two finishers in the correct order. The minimum wager amount varies from track to track, falling in the $1 to $2 range. Specifically, bet an exacta by selecting at least two horses to finish first and second. In that order, these horses must finish first and second for you to win the wager. Also, you can “box” your wager. A boxed wager will win if your horses finish 1st and 2nd in any order, making it more likely for you to win.
Quinella
Another 2023 Kentucky Derby Odds wager only available is the quinella. To illuminate, a quinella is a simplified exacta. You must still select the top two finishers, but they can cross the wire in either order.
Trifecta
The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. These horses must finish first, second, and third, in that exact order, for you to win the wager. Additionally, you have the option to “box” your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd in any order, making it more likely to win.
Superfecta
Finally, the superfecta calls on horseplayers to select the top four finishers accurately.