![]() Odds in the Kentucky Derby work the same way as with other horse races in the United States: they are pari-mutuel odds. One of the core questions when you are betting is whether you are getting the right odds to play your horse. ![]() The minimum bets are $1 for Daily Double, $0.50 for Pick 3, Pick 4, and Pick 5, and $0.20 per combination for Pick 6. Horizontal wagers involve betting on multiple races, such as the Daily Double, Pick 3, Pick 4, Pick 5, and Pick 6. The minimum bets are $2 for exacta (with $1 for additional combinations), $0.50 for trifecta, and $1 for both superfecta and Super High Five. Vertical wagers include exacta, trifecta, superfecta, and Super High Five, where you predict the first two, three, four, or five horses in order, respectively. These involve predicting the order of multiple horses (vertical wagers) or the winners of several races (horizontal wagers). There are also more complex bets called exotic wagers. A place bet means your horse finishes in the top two, and a show bet is when your horse comes in the top three. A win bet is when your horse finishes first. The most simple bets are called straight wagers: win, place, or show. There are many ways to bet on the Kentucky Derby.
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