Types of Bets at Autzen Derby Party
Betting on horse racing can be fun and easy. There are several different wagers offered each race, but these are the three most basic:
The first is a "win" wager. Betting a horse to win is just as fun as it sounds – the horse must win the race in order for you to win the wager.
Next, is a "place" wager. This is betting on a horse to finish in the top 2. You win the wager if your horse finishes first or second.
Betting a horse to "show" means selecting a horse who you think will finish in the top 3. You win the wager if your horse finishes first, second, or third.
If you've mastered the art of win, place and show wagers, try an exacta. An exacta is more difficult than win, place and show wagers, but yields a higher payout. You bet an exacta by selecting a minimum two horses to finish first and second. These horses must finish first and second, in that order, for you to win the wager.
If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets.
You bet a trifecta be selecting a minimum three horses to finish first, second, and third. These horses must finish first, second, and third, in that exact order, for you to win the wager.
Bet which horse will finish last, instead of first.
*All winnings will be rewarded in raffle tickets to put towards a premium raffle prize and in turn all monetary bets are received as donation to program.
Horse Auction Action
Before the race commences we will host a thoroughbred horse auction where each horse running in the Kentucky Derby is auctioned off. The auctioneer will start the horse auction off with the lowest odds horse and work their way up to the highest paying odds horse. The favorite will go to the highest bidder. Once the race is over and we know the winner of Kentucky Derby, the OWNER will get to have their first choice of raffle items to choose from.