144th Kentucky Derby Online Betting
We are a couple of months away from the 144th Kentucky Derby at Churchill Downs on Saturday, May 5th, 2018. If you plan to bet on Kentucky Derby futures and partake in Kentucky Derby online betting you can do so now at the above online racebooks.
The Kentucky Derby is a little over two months away, and horse racing fans are getting ready for the start of the 2018 Triple Crown campaign, hoping to see another horse take the first step to winning the Triple Crown.
History of Betting on the Kentucky Derby
As expected, fans will place a lot of Kentucky Derby online betting wagers on the event hoping to cash in on their favorite horse. Thanks to the internet, horse racing fans don’t have to be in Churchill Downs to place a bet on the Derby because there are quite a few online betting sites to choose from.
For those worried about the legal ramifications of online betting, you should know that it is actually legal to bet on horses in a lot of states, but there are still some that don’t approve, so make sure you find out if you are in one of the states it is legal in before placing your bets.
Another concern some people have is about the credibility of some of the betting sites that offer Kentucky Derby lines.
In this situation, you have to make sure you place your bets with reputable betting sites like TwinSpires, which is owned by Churchill Downs incorporated and is open to US residents over 18, except in Washington, which requires users to be 21 and over.
The good news about using TwinSpires is the fact that you don’t have to bother to check if online betting is legal in your state because the site only allows people to register if their state allows legal gambling, which is checked by the user’s IP address.
You can deposit into your TwinSpires account for free by linking your bank account to the site, or you can pay a $5 charge if you prefer to use Visa or Mastercard. Unfortunately, the site doesn’t accept Discover or American Express.
You should also remember that you are required to report winnings that exceed $600.
