The “Bluegrass State” is one of the epicenters of American Thoroughbred racing, hosting some of the biggest events like the Kentucky Derby. The state is home to some of the world’s top tracks, and it is also the best state when it comes to the Thoroughbred breeding industry.
Kentucky is one of the most popular states when it comes to betting online on horse racing, partly due to the strict in-person gambling laws. Since the state hosts many of the top racing events like the Kentucky Derby, bettors from all over the world join in on the action.
Let’s look at one of the fundamental components of KY online horse racing betting: the sportsbook.
There are many factors to consider when choosing the best online sportsbook:
|Type of Betting Allowed:||On-site, off-track, online betting.|
|Notable Horse Tracks:||Kentucky Derby, Kentucky Oaks, Clark Handicap, Blue Grass Stakes, Kentucky Cup Turf Stakes, Gardenia Stakes|
|Gambling Age:||18 for pari-mutuel betting.|
|Authority:||Kentucky Horse Racing Commission|
If online sportsbooks are the foundation of online horse race betting, the race program is the foundation of all horse race betting. It is one of the most valuable tools a bettor has when analyzing races and making picks. Moreover, it provides you with everything needed about each horse in a race.
When you first open a horse racing program, it can seem confusing, but it is easy to understand in just a short amount of time.
The first step is buying a program for the KY horse racing track that you plan to wager on. There are both physical programs at the track and online versions. One of the top horse racing programs of the year comes from the Derby.
Let’s take a look at some of the most important information on a KY horse racing program:
KY horse racing, and horse racing all around the United States, mostly features the same types of bets. Depending on which online sportsbooks you choose, you might find some slight variations. But for the most part, you can break horse racing bets down into straight and exotic wagers.
There are a few key factors that separate straight bets from exotic bets, with the most notable being the level of complexity. Straight wagers are much more simple than exotic, and they only require you to select one runner.
Here is a look at the most common straight bets offered in KY horse racing:
Exotic horse racing bets are more complex, expensive, and harder to hit, but they often offer much greater payouts than straight wagers.
These exotic bets can be easily broken down into two categories: single horse races and multiple horse races.
Exotic bets for single horse races take place during just one outing, and they include:
Exotic bets for multiple horse races require you to spread out your wager over the course of many outings, and they include:
The state of Kentucky has stricter laws when it comes to gambling, despite others beginning to relax state gaming statutes. Kentucky has no full-fledged casinos, and only charitable games are permitted. However, Kentucky’s gambling laws still leave room for horse race betting.
More specifically, horse running, trotting, and pacing races, as well as harness races, are legal. The only form of wagering allowed is pari-mutuel betting. The state also has strict regulations regarding the process of entering horses into races. In fact, there are specific funds set aside for track and race improvement.
Because of these reasons, KY online horse racing betting is popular. Many people from all over the country bet on the races that consistently run in the state. The state hosts the following top events:
Despite the strict laws regarding Kentucky gambling, there has been a strong push recently. This is in an effort to join other states with more relaxed laws. In January 2021, sports wagering legislation was introduced to allow the state’s horse racing tracks to receive licenses to host sports wagering.
That legislation came after a rough end to 2020 when the Kentucky Supreme Court ruled that the Exacta Systems machine was not a permitted type of pari-mutuel wagering in the state. These machines are used at tracks like Keeneland, Red Mile, Kentucky Downs, and Ellis Park, and they are a major source of funding.
Even with the rapid rise in popularity of online horse race betting and gambling restrictions in the state, Kentucky is still one of the top states in the world when it comes to on-track betting. This is partly due to the Kentucky Derby, which is one of the world’s top sporting events that take place in Lexington, Kentucky, each May.
Besides the Derby, the Kentucky horse racing tracks also host other major races that you can bet on at the track.
If you decide to bet at the track, there are both pros and cons. You get to be part of an exciting atmosphere during the running, but you often sacrifice some of the comfort offered by online sportsbooks. For example, on-track betting requires you to bet on either a machine or at a booth, which can often take time due to long lines and other factors. It is also often hard to see the actual running since the other side of the track can be far out of view.
By betting on KY horse racing online, you can choose various tracks from around the state. You also have more time to study the races closely since live streaming gives you a clear image of the race from start to finish. Besides all of that, online sportsbooks offer many terrific offers that tracks can’t keep up with.
You have two main options when it comes to watching the races: at the track or online. While the track can be exciting if you are there in person, watching the races online is more accessible.
The biggest advantage to watching horse racing online is the ability to utilize live streaming and replays. The top online sportsbooks offer live streams, which allow you to clearly see which horses cross the line first. By using a KY horse racing live stream, you also get to listen to the announcers detail each moment.
The other major component to watching KY horse racing online is that you can access replays shortly after. Replays enable you to analyze a race even further, which leads you to develop a stronger betting strategy.
Whether you are reading a horse racing program, listening to the announcers, or placing a wager, you are going to be presented with many terms. These might seem unfamiliar this is because KY horse racing involves many different components. These are the horse, the track, the connections, and also many terms.
Take a look at the following terms that describe many aspects of KY horse racing, starting with race types:
The state of Kentucky has some of the world’s most well-known race tracks.
Here are some of the top KY horse racing tracks:
KY horse racing tracks offer some of the most anticipated horse races on the calendar. Some of the top events are the Kentucky Derby, Jenny Wiley Stakes, Blue Grass Stakes, and Kentucky Turf Cup.
Horse racing betting is legal in Kentucky, but there are more restrictions compared to other states. The only form of horse race betting in Kentucky that is permitted is pari-mutuel racing, and there have been pushes in the past to limit forms of wagering at the tracks. Kentucky is the epicenter of many gambling law battles, so always look out for the latest news.
The horse racing industry in Kentucky is regulated by the Kentucky Horse Racing Commission (KHRC), which is an independent agency of state government.
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