Horse Racing Strategies You Can Use for the Upcoming 2023 Kentucky Derby

Bettors preparing to bet on the 149th running of the Kentucky Derby have only one goal: profit.

Profiting is one of the reasons why we bet on sports, like horse racing, aside from making our experience more exciting. That’s why having an effective strategy that will increase your chances of winning is vital.

Below are the most popular strategies that many bettors have already proven to be effective in increasing their profit in betting on horse races.

Bet Online

Although betting on a land-based sportsbook provides a different level of excitement, betting online, on the other hand, can provide you with a great profit. You need to note that online sportsbooks provide better odds and lines.

You only need to make odds and lines shopping by comparing online betting sites with one another. Pick the online sportsbook that has the best odds and lines of all. In addition to having better odds and lines, online betting sites also offer bonuses that you can use to bet on the Kentucky Derby.

That said, betting online can give you a chance to get higher returns than betting in a land-based sportsbook. Even the slightest difference in the odds can already make a significant difference.

To help you save time, you might want to consider Kentucky derby betting on Fanduel. You can check their betting site and see how you can benefit from playing with them. What’s crucial in choosing an online sportsbook, though, is that you should only choose trustworthy and reliable people. It will help you achieve your goals for the 2023 Kentucky Derby.

Use the Dutch Betting System

The dutch betting system, or dutching, is probably the strategy you might see in every betting tip online. This strategy is a betting approach where you will bet on multiple outcomes in one race rather than just one outcome.

For example, in the 2023 Kentucky Derby, you will split your wager between Horse A and Horse B instead of just betting for Horse A to win the race. This way, whichever horses win, you will still profit. You must select the top horses that have the highest chance of winning the race, or you think who will win.

The purpose of dutching is to profit from one of your wagers. It also helps lower your risk of losing money. But before you start doing the dutch betting system, you must first research to ensure that you will do this strategy correctly.

The Yankee System

Another strategy you might want to consider when betting for the Kentucky Derby this year is the Yankee system. This betting approach will allow you to choose four selections, with 11 individual bets throughout your chosen horses.

All in all, you should have one four-fold accumulator, four trebles, and six doubles. You must have a minimum of two winning picks to acquire a return.

The Yankee system is a complex betting strategy. But if you get the hang of it, you will find it very effective in increasing your profitability in betting for the Kentucky Derby. Before using this strategy, you must consider what you can lose or gain from it.

Putting Your Money On The Beaten Favourite

A beaten favourite is a contender that recently lost a race but had impressive wins in all other races he participated in. You will know who is the beaten favourite among the runners as there will be an indication in the form guide. You’ll typically find a “bf” or “b” in the form guide.

This contender shouldn’t be taken for granted as they still are potential winners, and the recent loss they experienced can only be a temporary flop.

If you are going for this route in this upcoming Kentucky Derby race, you must learn to be patient and stay calm. You will bet on the horse, hoping for its return, and it’s not easy for bettors. But if the horse you have chosen does come back, you will have a high payout.

Many bookies don’t pay much attention to losing horses. As a result, bookies give them higher market odds, making them more profitable for you.

Place Laying System

The place-laying system is a straightforward betting strategy that you can use. It is a betting approach where you will place a bet on a horse that will lose. Since it is a straightforward betting strategy, it’s ideal for beginners. This strategy could give you a good profit if done properly.

In place laying strategy, you must lay two horses with the lowest odds in the same race. Choose between horses 5 and 7 as you aim to only pay for the first and second place in the each-way market.

You would profit from this approach if one of two of the contenders you choose didn’t place first or second at the end of the race. That’s why choosing the lowest odds is highly advised.

Start Choosing the Best Strategy For You

You can choose many strategies to increase your profit in the upcoming Kentucky Derby. You can choose one from these strategy suggestions and see how it changes the outcome of your betting experience.

Try all of the strategies possible in any other horse race to know which one works best for you before the main event arrives.