Place your bets: A beginner’s guide to the Kentucky Derby

Refers to the fact that if they lose, they may be jumping off the nearest bridge.

Galt House Hotel

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Bluegrass dominance: A term acknowledging that 75 percent of Kentucky Derby winners were bred in Kentucky.

Before the Race

This authentically restored, early 1900s bar features an expansive bourbon collection and cocktails made from scratch.

Located in the heart of downtown Louisville, the Seelbach Hilton exudes southern charm. Spectators are also encouraged to wear pink in honor of the feminine vibe and as a way to raise awareness for breast and ovarian cancer prevention. From feathers to ribbon and bows, anything goes.

Race Day — May 2

What to Drink

Show bet: A wager on a horse to finish third of better.

Every year, the Kentucky Derby takes place at Churchill Downs. go! The Kentucky Derby takes place every year on the first Saturday in May and is the culmination of the two-week-long Kentucky Derby festival. All modern thoroughbreds can trace their pedigrees to three stallions originally brought to England in the 17th and 18th centuries. On Derby day there will surely be some colorful characters in the hotel lobby.

Lingo you should know

In addition to the 57-foot-long bar, this lounge also boasts plenty of screens to watch the race. The average jockey is 5?4? and weighs just 112 pounds.

What to wear

If you’re not a horse racing aficionado but want to look like you know the ropes, here’s a dummy-proof guide to the Kentucky Derby.

This is the one time of year when you can wear a hat like this and not end up on a worst-dressed list.

Longines Kentucky Oaks — Friday, May 1

Where to Watch

Maker’s Mark Bourbon House & Lounge

Where to Stay

Exacta/perfecta: A wager on two specific horses to cross the finish line in first and second place in exact order.

This is your chance to mingle with horse racing celebrities while sampling some of the best food in Kentucky. Grab a glass of wine, snack on some food, listen to live music and speculate about which horse will take home the trophy.

Ladies usually wear dresses in light colors or pastels. It is also commonly referred to as the “Run for the Roses.” This year there are 20 contenders for the top prize.

Taste of Derby — Thursday, April 30

Bridge jumper: A person who bets an unusually large sum on a single horse. General admission tickets are available for $55. Scott Fitzgerald used the location as a backdrop for Tom and Daisy Buchanan’s wedding in the Great Gatsby, and the Old Seelbach Bar has some of the best bourbon in town. Many love the party atmosphere you get from standing in the infield.

Place bet: A wager on a horse to finish first or second.

Seelbach Hilton Louisville

And if you just want to stumble upon something great, 4 Street Live! has a variety of bars and restaurants guaranteed to be showing the race.

Mint juleps are made with bourbon, mint, and a kick.

Churchill Downs

Jockey: The man who rides the horse. The race is known as “The Most Exciting Two Minutes in Sports,” and as you watch the powerful thoroughbred’s speeding around the track, you’ll certainly know why. F. It’s standing room only, but general admission guests can bring in food items, chairs, and blankets. More than 100,000 people attend the event, making it one of most popular horse races in American horse-racing society.

Thoroughbred: The horses that run in the Derby. The doors open at 8 a.m., and spectators can start placing their bets at 10 a.m. If you’re looking for a place to watch the Mayweather vs. Pacquiao fight, the hotel is hosting a watch party.

It wouldn’t be the Kentucky Derby without a mint julep in your hands. Here are a couple of favorites.

Not only is Galt House the oldest hotel in Louisville, it also has beautiful waterfront views. They are known for their athleticism and agility.

The Kentucky Derby may last only two minutes, but in Louisville, it’s a monthlong celebration with more than 70 events, including parties and concerts. Chances are the bar will be crowded during the derby, so get there early if you want a good seat.

Old Seelbach Bar

To get people revved up for the big race on Saturday, Churchill Downs hosts the Kentucky Oaks race the day before the big event. Instead of large male thoroughbreds, this race features 3-year-old thoroughbred fillies (young female horses). The Taste of Derby brings together award-winning chefs from regional restaurants who prepare everything from seafood to barbecue. Beyond making the obvious fashion statement, wearing a colorful hat is said to bring good luck. As for the men, they tend to wear seersucker suits or brightly colored pants.

On your mark, get set … Every year more than 100,000 spectators from around the world show up for the race, wearing their colorful hats and sipping bourbon.

If you can’t get tickets to the big show, there are viewing parties all over Louisville, and most bars will be showing the big race. For more than 100 years, the bourbon-based drink has been the traditional beverage of Churchill Downs, and during Derby weekend, the venue plans to serve more than 120,000 of the cocktails.

When it comes to the Kentucky Derby, the bigger your hat, the better

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How to Bet on Horses (Part 1)

When betting a trifecta, at least seven horses should start the race.

SHOW: Same concept as the two below, only this time you are betting your horse to end up in third place, so, if he finishes 1st, 2nd or 3rd, you also win.

Common wagering types:

WIN: This means that you are placing a wager on the horse that you believe is going end up in first place, and if he does, you are able to collect.

ACROSS THE BOARD: When you place this type of bet, you are wagering on win, place and show at the same time, but it works a little bit different. Michael writes about his experience and offers tips for other aspiring entrepreneurs who wish to make a living with sports bookmaking.

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Price Per Head

Exotic wagering types:

PLACE: If you use this one, you are betting your horse to finish second, and so if he does finish either first or second, you win (and as presumed, your winnings will be lower as the bet is less risky).

EXACTA: Here you are picking 2 horses to finish in first and second place, and they should end the race in the order you pick them so you can win the wager..

In order to bet on horses and have a real chance of defeating the house, it is necessary to have a good understanding of the different types of wagers that are offered to you in order to utilize them more effectively.

These are a bit more difficult to win than the common betting types, and the reason is because they require your selections to finish in a determined proper order.

QUINELLA: On this one you are betting on 2 determined horses to finish 1st and 2nd and either of your picked horses can finished first or second.

We hope this article has helped you understand common horse betting types in a better way. We also provided you with info on the most utilized exotic betting types, and on the second part of this series, we will continue to expand on this subject so you can get familiarized with others such as the superfecta and the daily double.

Author’s Bio: 

TRIFECTA: Here you are betting on 3 horses to finish in first, second and third and they should finish the race in the specified position you picked for them for you to win. For example, let’s say that you are laying $2 on each of the aforementioned betting types, so, if your picked horse wins, you collect winnings for the 3 bets, if your horse finishes second, you collect earnings for place and show and if it finishes in the third position, you only get earnings for the show bet.

Michael Hill is an avid sports fan and a sports writer who has been in the betting and price per head industry for years