Kentucky Derby Odds – The Daily Double
The words Daily Double have been seen and heard by millions of Americans, thanks to the long-running Jeopardy! quiz show. Just like Alex Trebek, horse racing’s Daily Double got its start in Ottawa, Canada.
There was no such thing as an exotic bet in horse racing until June 3, 1931, when the old Connaught Park Racetrack (closed in 2008) offered the first Daily Double. The idea is credited to Leo Dandurand, an influential sports builder and promoter who owned over a dozen horse tracks, not to mention the Montreal Canadiens hockey team. All bettors had to do was check the usual Kentucky derby odds and pick the winning horse in two specific races on that day’s card.
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Racebooks continue to offer the Daily Double promotion as a way to generate interest in some of the lesser races on the day’s card, typically the first two or the last two races on the schedule. When it comes to betting on the Kentucky Derby, horse players can pair this race in a Daily Double with the Kentucky Oaks, which takes place the day before the Run for the Roses.
Your racebook will have a Daily Double tab for whichever race course you’ve selected; pick the two races you want to play, enter the size of your bet and the two horses you want to win, review your choices and finally, submit your online ticket for processing.
The good thing for horse players about the Daily Double is that it brings some of the less knowledgeable bettors into the mix. They’ll bet on just about any two horses to win, using “lucky numbers” like their birthday or their age to decide their picks. The money they put into the pool with their wagers is money you can put in your pocket with a sharp bet.
Look for specific situations where a quality horse is being ignored, and the Daily Double can turn you into a grand champion.