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Triple Crown Betting

While horse racing is considered a “fringe” sport among mainstream sports fans for much of the year, the main exception to that is during the Triple Crown.

Each spring the top three-year-olds in training go through a grueling three-race series, starting with the two most exciting minutes in sports, the Kentucky Derby at historic Churchill Downs in Louisville, Kentucky.

Contested on the first Saturday of May each year, it is usually the first time the young runners have ever been asked to go 1 ¼ miles against a large field of their peers that usually numbers 20, and in front of more than 100,000 fans.

With a full and usually wide-open race, the Kentucky Derby is considered one of the best horse races all year to wager on.

In six runnings of the Kentucky Derby between 2005 and 2010, we saw two winners pay over $100 to win: Giacomo ($102.60) in 2005 and Mine That Bird ($103.20) in 2009.

The second jewel of the Triple Crown is the Preakness Stakes, contested two weeks after the Kentucky Derby at Pimlico Race Course in Baltimore, Maryland.

The average win price comes down in the Preakness, whose distance is 1 3/16 miles, the shortest of the three Triple Crown races.

Since 1999, nine Kentucky Derby winners have followed up by winning the Preakness and Belmont Stakes. In 2018, Justify, jockeyed by the legendary Mike E. Smith, became a Triple Crown winner, netting bettors a slew of cash.

With so much attention by the mainstream media, sports fans that do not normally play the horses contribute to the betting pools, which consistently make for outstanding wagering opportunities.

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Handicapper Michael Dempsey on Triple Crown betting:

“There is no better time of year than during the Triple Crown of horse racing. Regular horseplayers love betting into the pools during these three days of racing. Like WSOP pros who see the fishes come to Las Vegas for the Main Event of poker, the Triple Crown races offer something similar for horseplayers. I’m all in!”