Kentucky Derby terms and betting?

win - you're betting on the horse to come first.

place - you're betting on the horse to come first or second. you get paid the place price no matter if the horse comes first or second. the payout for the win will be higher than the payout for the place.

show - you're betting on the horse to come first second or third. you get paid the show price no matter if the horse comes 1st, 2nd or 3rd. show payouts are generally (with very rare exceptions) lower than the payout for the win and place.

the reason you'd bet to show is because you get $ no matter if the horse comes 1st, 2nd, or 3rd. It's a more sure bet than a win.

exacta - you're betting 2 horses to come 1st and 2nd. your horses have to cross the line in order... if you bet 1 2 but they come in 2 1 you lose. That's why you should bet your exacta boxed. an exacta box is if you're betting 2 horses to come in in either way... so you can bet on the 1 and 2 in an exacta box and you win if they come 1 2 or 2 1. Remember that in exacta bets, you're paying for each combination. If you bet a straight exacta (1 2 only) then you pay $2... if you box it (1 2 or 2 1) then it's $4. You can also box 3 horses into an exacta box so you win if they come in 1 2, 2 1, 1 3, 3 1, 3 2, or 2 3. A 3 horse exacta box will cost you $12.

Trifecta - it's like an exacta, except that it's for the top 3 spots. If you box a trifecta, it will cost $12. If you have a 4 horse trifecta box, it's $48.

A superfecta is for the top 4 spots. Superfecta box is $48. 5 horse superfecta box is $240.

A superfecta will pay really well if you win, but it costs a lot to bet it. Trifectas usually pay a couple hundred dollars. Superfectas will generally pay near $1000.

The other thing you can do with the exotic bets (exacta, trifecta, superfecta) is wheel them. It's sorta like boxing those bets. If you think the 3 horse won't win the race, but it might be up for the place or show (2nd or 3rd), then you won't want to pay extra in the trifecta box to put that 3 horse on top... instead you'll do a trifecta wheel with the 1 and 2 over the 1 2 and 3.

To bet on the Derby, you can sign up for free accounts at either xpressbet.com or twinspires.com Each of them have special promotions going on today. If you sign up today and spend $100 at xpressbet, you get a credit of $100 to bet over the next month. I believe twinspires is sorta the same except you have to bet $500 to get $100.

If you ever need a quick definition or you want to learn more about betting on horses, NTRA has a part of their website called ntraU. It teaches you a lot about how to bet on horses. Here's a link to the glossary section of the website... you can refer to that if you have any more questions about wagering terms. http://www.ntra.com/content.aspx?type=other&id=479...

I never bet on Kentucky Derby. I suggest you to view some betting forum sites for getting this information in detail.

You'll find independent reviews of the most reputable gaming sites at http://gamblingreviewssite.com/ All of the recommended sites offer exciting wagering option for the Kentucky Derby! You'll also find special Derby BONUSES too! You can even deposit easily by e-check or credit card and you'll be sure to get your payout quickly and with no charge to you!

You'll also find lots of information for beginners in horse betting at http://gamblingreviewssite.com/horsebetting You'll find a glossary of horse wagering terms as well as explanations of every type of horse racing wagers. Good luck!