Although being on the Churchill Downs on May 6 can be fun and memorable, unfortunately, not everyone has the opportunity to experience it. But worry no more. If you can’t make it to Churchill Downs to witness your favorite horse racing event and bet for the horse you’re rooting for, you still have the chance to watch and bet from home.
Technology has made home betting possible for any sport you love, including horse racing. If you aren’t familiar with how it works, here is a step-by-step guide on betting online from home.
How to Place Your Bets Online
First, you must know that there are two ways you can bet online: one is through a computer, and the second is through a mobile device. First, we will go through each step on how to bet online using a computer, then second, we will move forward on how to do it through mobile devices.
Step-by-Step Guide On Betting Through Computers and Mobile Devices
If you want to bet online Kentucky Derby 2023 from home, here is how you can do so by following this guide for using online betting platforms through computers and mobile devices:
Step 1: Find the right site or app
Since online horse race betting is becoming prevalent, many criminals are using this opportunity to victimize bettors, especially those who are betting online for the first time. So, it’s highly recommended to take some time to do your research and choose a legitimate platform.
One thing to ensure that you will be using a legitimate site or app is to use recommendations from friends or family. The next thing that can help you choose the best site for your needs is to compare the odds of each platform. Always go for a platform with the best Kentucky Derby odds offer.
Step 2: Sign Up
Once you have decided what platform to use for your online betting, the next step is to create an account on that app or site. Creating an account will make you an official member of that horse race betting site, and you can place bets anytime you want.
You can start creating an account by clicking on the signup button. Some websites use other terms like register or create an account, but these all mean the same.
During the signup process, you will be prompted to provide your basic information like name, birthdate, address, phone number, email, and even the last four digits of your social security number.
You will also be asked for a username and password that you will need to log in to your account.
Step 3: Deposit Funds
Once your account is created, you can log in and deposit funds to place bets. Most online betting sites offer free money in the form of a signup bonus that you can use to place bets on the platform.
The process of depositing funds to your account varies depending on the site you are using. However, the common deposit options are via credit card, Paypal, Moneygram, and prepaid card.
Step 4: Start Placing Your Bets
After you deposit the money you want into your online betting account, you can immediately start placing your bets for the 2023 Kentucky Derby and other horse racing events featured on your chosen website.
The Benefits of Wagering Online
You shouldn’t feel bad if you can’t make it to the Churchill Downs and place your wager on-site. In fact, you can enjoy so many benefits in betting for the Kentucky Derby online. These benefits include:
Convenience
The most obvious benefit online betting can provide is convenience. You don’t need to travel from one state to another to witness and bet for your favorite horse. You will need to sit in front of your computer or grab your phone and place the bet.
Saves You Money
Going to Louisville includes travel costs, accommodation, and expenses. Plus, you need to shop for the best outfit for the event and the parties you plan to join. Imagine how much you can save if you stay home and wager online.
Instead of spending your money on travel expenses, you can use it to increase your wager for your favorite horse and increase your profit.
The Racing Odds and Lines Are Better Online
If you have to bet on the Kentucky Derby for a long time, you might already know how vital it is to get the best possible odds. The reason is that the better the odds you get, the bigger the payout. Even the tiniest difference in the betting odds can significantly impact your overall profit.
Most odds online are known to be a little bit better than on other platforms. So, if you want to increase your profit margin, betting online would be your best option.
The Bottomline
Start your research as early as now since you still have a few weeks before the Kentucky Derby event. Just follow the steps provided, and you will be doing it smoothly. If you aren’t tech-savvy at all, feel free to ask for help from friends or family members who are more knowledgeable.
