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2018 Kentucky Derby Odds are out. Online bookie agents should keep reading to discover the best way to handle Derby future betting.
2018 Kentucky Derby Early Odds
Bolt D’Oro +700
Good Magic +1000
Hollywood Star +1200
Solomini +1200
Analyze It +1400
McKinzie +1400
Montauk +2000
Mendehlsson +2500
Instilled Regard +2500
Although Bolt D’Oro failed miserably in the Breeders’ Cup Juvenile, he did go incredibly wide on both turns. Most horseplayers, for now at least, are giving Bolt D’Oro the benefit of the doubt.
That presents pay per head agents with somewhat of a conundrum.
It’s a good idea to set max betting limits on all 2018 Kentucky Derby choices at double-digits or above.
It makes no sense to allow a player to make a $1,000 future bet at 25 to 1 on the 2018 Kentucky Derby winner. 25 to 1 at $1,000 pays back $25,000.
That could cripple most privately-run sportsbook businesses.
The most any horseplayer should be allowed to wager is $200. Even $100 at 25 to 1 is $2,500. $200 at 25 to 1 is $5,000.
Most online bookie agents should think twice before setting a max betting limit at anything higher than $100.
What About Bolt D’Oro?
There’s an issue when it comes to Bolt D’Oro, though. At 7 to 1 Bolt D’Oro represents underlay odds.
The reason is because the favorite in the futures to win the Kentucky Derby isn’t always the favorite that wins on Derby Day.
Take the 2017 Kentucky Derby as an example. After Classic Empire won the Breeders’ Cup Classic, he opened as an 8 to 1 favorite to win the Kentucky Derby. Empire appeared heads and tales above his competition.
However, like what almost always happens on the Road to the Kentucky Derby, the favorite suffered some issues during the winter.
This led to Classic Empire losing some training time. What also led to Classic Empire’s loss in the Derby was the fact that he broke from the outside on a rainy day with a golden rail.
Always Dreaming used the Golden Rail to win the Derby.
That’s the major point about Bolt D’Oro. There’s a reason an average of 30% of favorites win horse races.
It’s because so many things can happen leading up to a race, and so many things can happen during the running of a race, that favorites are often bad bets.
When it comes down to it, the Derby is just another horse race. Pay per head agents who aren’t afraid of the risk might want to allow up to $500 wagers on Bolt D’Oro at 7 to 1.
His fair odds are much, much higher than 7 to 1 to win the Kentucky Derby.
Casual players love to bet on favorites. There’s a chance agents could make huge profit from wagers on Bolt D’Oro.
Pay per head agents should make sure that their sportsbook software allows agents to offer a plethora of horse race tracks in order to capitalize on the 2018 Kentucky Derby, and the The Road to the Kentucky Derby.
Get the right software, with over 80 race tracks, and all major horse races, at PayPerHead.com.
Their Prime Package is on right now for just $10 - get premium tools, and premium service, for a fair price.
