Last Updated May 11, 2022, 21:20 PM
Kentucky Derby Show Parlays Available With TwinSpires
Sports Betting Expert
The annual Kentucky Derby at Churchill Downs in Louisville is often referred to as the “most exciting two minutes in sports.” Up to 20 of the best three-year old Thoroughbreds in each year’s class compete over 1 ¼ miles on the dirt for horse racing’s most prestigious title.
As the Crown Jewel of the Triple Crown racing series, the Kentucky Derby is also one of the biggest sports betting events of the year. As the official mobile betting app for Churchill Downs, TwinSpires offers a wide range of betting markets for all the races.
A fun and exciting way to bet on all the racing action at Churchill on Derby Day is through a show parlay. Show bets give you the best chance to cash a winner since they cover the most ground. If the horse you bet on to show finishes first, second or third, you win. The actual payout on that bet is determined by the total money wagered in that race’s show pool.
If you are watching this year’s Kentucky Derby with a group of friends, you can turn the entire race card on Derby Day into a show parlay. Each member of the group makes an initial investment ($1, $5 or $10), and they are assigned a race on Churchill Down’s entire card for Saturday, May 7. The first person on the list places a show bet on the first race of the day in the amount of the entire group investment.
For example, if 10 people add $1 to the show parlay betting pool, the first wager is a $10 show bet on Race 1.
If the show bet pays off on that first race, the next person in the group bets the entire winnings on a show bet for the next race. As long as the show bets keep winning, the parlay remains in play. If your group gets hot and strings together four or five winning bets, the total prize money won can add up fast.
If one of the show bets fails to win, you can start a new show parlay with another small investment by all the players in your group. There are a total of 12 races on Saturday’s card at Churchill Downs. Post time for the Kentucky Derby as the 12th and final race of the day is set for 6:57 p.m. (ET).
The first race on the Derby Day card goes off at 10:30 a.m. to set up an entire day of racing excitement at TwinSpires. VegasInsider has partnered with this premier online horse racing site on a special promotional offer for new TwinSpires customers.
Using the TwinSpires offer code VIRACING, new customers can get a $400 sign up bonus. Simply use the promo code on registration to be eligible.
$400 bonus cash will be credited in increments of $100 for every $400 wagered. To earn the full $400 bonus players must wager $1600 within 30 days of creating a TwinSpires account.
Written by Dave Schwab, our US Sports Betting Industry Expert.
The featured image for this post was sourced on Getty Images.