It’s Derby week! The Kentucky Derby is the second largest annual betting event in North America, next to only the Super Bowl. This year the Kentucky Derby is once again taking place on it’s traditional day on the first Saturday in May, which will be this Saturday, May 7th, 2022.
The Kentucky Derby is always very exciting and heavily bet on and I’m expecting this year to be no different. I’ve added this How To Guide for betting on the Kentucky Derby in Canada because it’s always a popular event and betting on horses is slightly different than betting on regular sports, so I wanted to outline that for new horse racing bettors in Canada.
The Kentucky Derby truly is the most exciting two minutes in sports. If you haven’t placed a Kentucky Derby bet in the past you’re in for a treat watching your horse run for the roses! Just try to stay seated if your pony is in contention coming down the stretch.
Bet On 2022 Kentucky Derby in Canada – Step By Step Guide
#1. Open an Online Betting Account
The first thing you will have to do is open an online betting account. I recommend SportsInteraction.com, our top rated sportsbooks for Canadians, for betting on the Derby this year.
They have the full plethora of horse race betting options available for the Kentucky Derby (win/place/show, exacta, trifecta, etc) in their Racebook.
SIA is entirely focused on the Canadian betting market and this shows through in their bet offerings, promotions and customer service. SIA is committed to serving the Canadian betting market for years to come.
Next up you’ll have to add some funds to your account. I have detailed pages for most of the deposit options offered at Sports Interaction on our deposit options page.
After logging into your SIA account click the ‘Deposit’ button, enter your deposit amount, and follow the instructions for your deposit method of choice to fund your account.
#3. Place Your Kentucky Derby Wagers
Now it’s time to place your Derby bets!
Racebook Betting (Parimutuel Betting System)
Select ‘Racebook’ from the top navigation bar at SportsInteraction.com. Next you should click ‘Churchill Downs’ from the ‘USA Thoroughbred’ drop down menu. Select the race with a post time of 6:57pm EST on May 07 (race #12).
The odds you see on the Racebook page can change because the bets are taken under the parimutuel betting system, which means the odds change depending on who bets on which horses after you as well. Learn all about parimutuel betting here.
You will also see that you have the option to place ‘Win, Place or Show‘ bets, as well as exotic bets such as ‘Exacta’, ‘Trifecta’, ‘Superfecta’, ‘Daily Double’, ‘Pick 3’ or ‘Pick 6’ at the Racebook. I explain most of these different horse racing bets on the horse racing betting page, so check that out if you’re new to betting on the sport.
I hope this page gives you the confidence to know how to get your Kentucky Derby bets in online this year. To learn more about the race as a whole check out our Derby info page.
