Betting games for kentucky derby party

One of the highest rated software products in this category is Backyard Bookie. Click here for more info. Run a horse "auction". Create a grid on a large piece of poster board with four columns as shown below. Label column 1 "Horse Name" and place each horse's name down the column, one in each row of the grid. Label column 2 as Win, column 3 as Place, and column 4 as Show. Start off the bidding for the "show" or third place position with the first horse. Run the bidding just like an auctioneer would -- you know, "Going once, going twice" and all that jazz.

The highest bidder for the first horse has his or her name placed in the Show column on the first row, along with the amount bid use whole dollars only. Collect the money from the highest bidder and then repeat the process for each horse down the column for the "show" position. Once every horse in the show position has been bid on, total up the "show" column. Repeat the above paragraph for the "place" or second place position. Then repeat for the "win" or first place position.

After the race is run, the person who bought the horse in the "win" column that actually wins the race wins the total amount bet in the "win" column. The person who bought the horse in the "place" column that actually came in second wins the total amount bet in the "place" column.

Each participant picks an envelope when they pay for it, but they must not open it. At the conclusion of the race, take turns opening your envelope to see which one holds the winner's name. The winner secures the entire pool winnings and bragging rights for the year. The fun here is that participants are encouraged to trade, sell or barter their envelopes any time prior to opening them. Kentucky Derby betting squares Long a fixture at any self-respecting Super Bowl party, a betting square can be equally useful and easily adaptable to Kentucky Derby party organizers.

We find the easiest way to do it is by betting the exacta. Since there are 20 horses in the field, you should list each of those numbers on one side of the square. For the opposite side, you need to list all those numbers again which represents the horse that finishes second. You must cross out the squares where the same numbers meet because a horse can't finish both first and second in the race.

That leaves possible squares and only one will be correct. As the organizer, you can set a price that is reasonable for each square — low enough that people can afford to buy several squares, but high enough so the pot is enticing. Whoever buys the winning square takes the entire pot. Show parlay Keeping things simple makes it more fun for the group. The Show Parlay is an excellent choice for Derby betting since nobody in your group needs to be an expert on horse racing.

Translation: the horse must finish first, second, or third to collect any winnings. The first person must choose a horse from the field to show for the group. If that horse finishes in the top three, the group wins. The next person up cashes that winning ticket and then parlays the winnings back to show in the next race.

The song's first verse and chorus are proudly recited at the Derby. While some complain about its length, others make spirited bets on the outcome. The beauty here is that these fun betting ideas are designed for folks who know nothing about betting or horse racing.

Derby betting ideas and pools carry as much appeal as Super Bowl betting games. Encourage Kentucky Derby party guests to dress the part — colorful outfits and fancy hats are the order of the day. Where can I bet on the Kentucky Derby? Horse racing is legal in nearly every jurisdiction, but several sportsbooks do not post Kentucky Derby odds.

Instead, you can turn to legal horse racing betting sites for your Derby wagering wants and needs.

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Make sure that everybody puts up the same amount of money and whoever chooses the winning horse, must divvy up the pot. If nine out of the 10 participants choose the favorite — and it wins — they will have to split the winnings nine ways. However, if the person that chose the underdog horse wins the pool outright they get to keep all the proceeds. Ask each of your guests to contribute a sum of money to a pool, then place the names of all the Derby horses in a hat. The pool winner is crowned when a participant has picked the name of the winning horse.

Horse auction Hold your very own thoroughbred auction, whereby each Kentucky Derby racehorse is auctioned off to a participant. Keep in mind that the odds-on betting favorite will fetch a higher price than the long shot. Add the auction sums to a pool and whoever bought the winning horse at auction wins the pool. Lucky long shots Here, you are betting on which horse will finish last and not first.

To crown a winner, simply apply the last place wins rule to the above-mentioned games. Envelopes for sale Place the name of each Derby horse inside a sealed envelope. Set a price for each envelope that aligns with your group's wagering expectations and budgets. Each participant picks an envelope when they pay for it, but they must not open it. At the conclusion of the race, take turns opening your envelope to see which one holds the winner's name.

The winner secures the entire pool winnings and bragging rights for the year. The fun here is that participants are encouraged to trade, sell or barter their envelopes any time prior to opening them. Kentucky Derby betting squares Long a fixture at any self-respecting Super Bowl party, a betting square can be equally useful and easily adaptable to Kentucky Derby party organizers.

We find the easiest way to do it is by betting the exacta. Since there are 20 horses in the field, you should list each of those numbers on one side of the square. For the opposite side, you need to list all those numbers again which represents the horse that finishes second. You must cross out the squares where the same numbers meet because a horse can't finish both first and second in the race. That leaves possible squares and only one will be correct. As the organizer, you can set a price that is reasonable for each square — low enough that people can afford to buy several squares, but high enough so the pot is enticing.

Whoever buys the winning square takes the entire pot. Show parlay Keeping things simple makes it more fun for the group. The Show Parlay is an excellent choice for Derby betting since nobody in your group needs to be an expert on horse racing. Planning to join in with a wager or two of your own? Read about the contenders While betting on horse races is a fun challenge in and of itself, your enjoyment of the sport will be increased multifold by learning about the horses involved.

Industry websites, including Brisnet. The news section of the Kentucky Derby website is a similarly rich resource of race results, insights, and interesting backstories. Learn about the horses as horses—not just numbers in the program—and the sport will come to life before your eyes. Bet the favorites Betting horses at random will produce only infrequent winners, so if you want to impress your friends with a steady stream of victorious selections, go with the flow and bet on favorites.

Set aside your wagering budget and ration it accordingly throughout the afternoon. Planning and placing wagers can take longer than you anticipate.