Kentucky Oaks Betting

Kentucky Oaks Betting: Tips & Odds

Following the Triple Crown races — the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes — the Kentucky Oaks Day at Churchill Downs ranks as the second most anticipated horse racing event in the United States. Three-year-old fillies traverse a long 7-month road in the Road to the Oaks horse races, striving for a starting position come May and a portion of the $1.5 million prize purse.

Kentucky Oaks Betting 2024: Key Facts

• Date: May 3, 2024 (the Friday before the Kentucky Derby)

• Location: The race is hosted at Churchill Downs, Louisville, Kentucky, USA.

• Distance: 1 1/8 miles (9 furlongs; approx. 1,811 meters).

• Horse Types: Open to three-year-old fillies.

• Surface: Dirt.

• Prize Purse: $1.5 million.

• Tickets: Options range from infield general admission to luxury suites and dining packages, details of which can be found on the Kentucky Derby official website.

• Expected Attendance: Spectator turnout on ‘Oaks Day’ traditionally reaches around 100,000, outstripping both the Belmont Stakes and the Breeders’ Cup in terms of crowd numbers.

• Previous Winners: Recent Kentucky Oaks winners include Shedaresthedevil in 2020, Malathaat in 2021, and Secret Oath in 2022, with Pretty Mischievous, led by Tyler Gaffalione, capturing the title in 2023.

• Notable Records: Lemons Forever (2006) holds the longest odds victory at 47/1, while the largest winning margin was achieved by Rachel Alexandra at 20 1⁄4 lengths in 2009. The fastest time at 1 1⁄8 miles was recorded by Shedaresthedevil at 1:48.28 in 2020.

• Jockey Records: Eddie Arcaro and Manuel Ycaza currently share the spotlight with four Kentucky Oaks victories each.

• Trainer Records: Woody Stephens and D. Wayne Lukas are tied at the top with 5 wins each.

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Take advantage of our competitive future odds and enjoy fast payouts on top Kentucky Oaks and Derby horses, along with leading Jockeys and Trainers. Place bets on a variety of options such as margin of victory, head-to-head matchups, the winning time compared to Secretariat’s world record, Triple Crown contention, and much more.

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2024 Kentucky Oaks Odds at BUSR

Newcomers to the track signing up at BUSR are met with a $150 racebook bonus against a $100+ initial deposit. Once the bets are on the books, we commit to a rebate of up to 10% on all stakes, win or lose!

BUSR operates on a fixed-odds betting model. This means that all Kentucky Oaks odds are fixed at the time of wagering. The amount on your final slip when the bet is placed is what you’re guaranteed, regardless of any subsequent price changes. Both straight and exotic bets apply to the above, with the latter offering payouts at full track odds up to a specific limit, as detailed in our Racing FAQ, accessible post-login in the Club House.

What are the Kentucky Oaks Morning Lines? Are they Accurate? 

The Kentucky Oaks morning lines estimate how the betting public is anticipated to wager on the various contenders in the race. Such are expertly calculated by evaluating a comprehensive array of factors, including each horse’s performance history, training sessions, jockey assignments, and even how they might adapt to the current track conditions and competition. 

Accuracy varies, reflecting the complex interplay of factors influencing bettors’ decisions and perceptions up to the race moment. Will a top contender scratch at the last minute? Could sudden weather changes alter track conditions? Or perhaps an unexpected betting surge on a dark horse shifts the odds landscape.

FUN FACT: The Kentucky Oaks and Kentucky Derby are America’s oldest ongoing sporting events!

Kentucky Oaks Betting Information

BUSR is rolling out an exhilarating lineup of betting action as we count down to the Kentucky Oaks. Every player gets VIP treatment with our exclusive bonuses and promotions, top-tier odds, expert racing insights, and bespoke service from start to finish.

Kentucky Oaks Bet Types: Overview, Examples, and Strategies

Bets on horse races are typically divided into straight and exotic wagers; the former are simpler, while exotic bets present different complex challenges with potentially higher payouts for the seasoned bettor. 

• Win: Bet on a horse to finish first. 

Example: Betting on Horse A to win; if Horse A finishes first, you win your bet.

This bet is straightforward. However, it requires accurate prediction, and the payoff is solely dependent on that horse winning. 

• Place: Bet on a horse to finish first or second. 

Example: Betting on Horse B to place; if Horse B finishes first or second, you win.

This offers a higher chance of winning but usually at lower odds than a win bet. 

• Show: Bet on a horse to finish anywhere in the top three. 

   

Example: Betting on Horse C to show; if Horse C finishes in the top three, you win.

A show bet offers a strategic option and a balance between risk and reward. It’s especially suitable for races where you have a strong hunch about a long shot performing well above expectations.

• Exacta: Bet on two horses to finish first and second in exact order. 

Example: Betting on Horse D to finish first and Horse E to finish second; the bet only wins if the horses finish in that precise order.

Higher payouts than straight wagers, yet more challenging to hit because you need to predict the exact finishing order. 

• Trifecta: Bet on three horses to finish first, second, and third in exact order.

Example: Betting on Horse F to finish first, Horse G second, and Horse H third; you win only if they finish in that order.

The trifecta bet shines when the leading contender looks vulnerable, either to lose or to finish outside the top spots. It’s most strategic to confine a heavy favorite to lower positions or exclude them altogether, maximizing the wager’s potential payoff. 

• Superfecta: Bet on four horses to finish first, second, third, and fourth in exact order.

Example: Betting on Horse F to finish first, Horse G second, and Horse H third; you win only if they finish in that order.

The superfecta is best utilized in races with a clear hierarchy of competitors. A good strategy would be to mix firm favorites with well-chosen dark horses, placing them in an order that reflects both their expected performance and potential for upset.

• Boxed Bet: Applies to exacta, trifecta, and superfecta bets, allowing the horses to finish in any order.

Example: A trifecta box with Horses M, N, and O means you win if they finish in the top three in any order

This improves your chances of winning but also increases the cost of the bet. We recommend using this in races where you have a strong feeling about certain selections but are unsure of the exact finishing order.

• Daily Double: Bet on the winners of two consecutive races.

Example: Picking the winners of Race 1 and Race 2; both must win for you to collect.

The key to mastering the Daily Double is to pair value plays with each other or with favorites to amplify returns. For instance, if a horse in the first leg appears undervalued, coupling it with a strong selection in the second leg can yield significant rewards. Conversely, if the second leg’s favorite seems vulnerable, spreading bets across several potential winners can still secure a profitable outcome.

How To Bet On The Kentucky Oaks

To bet on the Kentucky Oaks at BUSR, simply:

1. Log in to BUSR with your username and password.

2. Head over to the horse racing section.

3. Locate and select the Kentucky Oaks among the horse racing lineup, which at the time may include the Kentucky Derby, Preakness Stakes, Belmont Stakes, and the Dubai World Cup.

4. Explore the latest odds for each contender in the field.

5. Decide on the type of bet you’re interested in. For Straight bets, specify the stake you’re willing to bet on Win, Place, or Show. For Exotic bets, determine your wager amount and make your selections as prompted.

6. Add your bet to the slip by clicking the ‘ADD TO BET SLIP’ button. All selections will remain easily accessible on the right side of the desktop interface or through a ‘Shopping cart’ icon on mobile devices.

7. Take a moment to review your choices.

8. When you’re ready, hit the ‘PLACE BET’ button to lock in your wager.

9. A ticket number will be issued, serving as confirmation that your bet is in play.

Horse Racing Strategies: Analyzing Kentucky Oaks Contenders

The months leading up to the Kentucky Oaks are filled with anticipation as contenders start to reveal their strengths and weaknesses. Jody’s Pride currently sits among the top contenders, having shown resilience and skill outgaming competitors to secure her first stakes win of the season in Jamaica. Her adaptability on both turf and dirt proves her potential for the challenges, matching the competition set by Michael Yates’ Fiona’s Magic. The Stonehedge Farm product has been a revelation, with her Davona Dale Stakes win catapulting her into Oaks contention. Her owner, Marilyn Campbell, was very optimistic about the filly’s endurance, “She’s done everything we asked her to do, and she still seems she can go the distance.”

Lemon Muffin’s late bloom, capturing the Grade 3 Honeybee on Feb. 24, illustrates the classic underdog story. Guided by the legendary D. Wayne Lukas, her progression hints at a potential for upset, especially as she continues to defy expectations. Lukas’s mastery of peaking horses at the right moment could be the X-factor, transforming her from a longshot to a serious threat. Her recent workout performance, fast yet controlled, suggests she’s hitting her stride at the perfect time.

How Do Horses Qualify For The Kentucky Oaks?

Horses qualify through a points system that ranks fillies based on their performance in designated Kentucky Oaks prep races leading up to the main event. These are held between September and April (in the US and abroad) and award points to those finishing in the top four. At the end of the series, the top 14 on the leaderboard are granted entry into the Kentucky Oaks. 

Which are the Most Popular Kentucky Oaks Points Races? 

Among the most prevalent are the Super Six Kentucky Oaks Prep races, which include: 

• The Santa Anita Oaks (G1) at Santa Anita Park

• The Gulfstream Park Oaks (G2) at Gulfstream Park

• The Ashland Stakes (G1) at Keeneland Race Course

• The Fair Grounds Oaks (G2) at Fair Ground Race Course

• The Gazelle Stakes (G2) at Aqueduct Racetrack

• The Fantasy Stakes (G3) at Oaklawn Park

Why Do Horse Racing Fans Love Betting on the Kentucky Oaks?

Just like the Kentucky Derby, the Kentucky Oaks boasts a rich tradition spanning 150 years. Fans are attracted towards the thrill of top-tier competition among the nation’s finest 3-year-old fillies, making it a must-watch — and bet — event. Aside from the roaring horse racing spectacle, the Oaks is a sensation of fashion, where attendees don vibrant and elaborate outfits that add a unique cultural flair to the day. Moreover, the occasion plays a significant role in driving national attention to the fight against breast and ovarian cancer, an initiative that resonates deeply with participants and spectators alike.

Why is this Race Important for the Kentucky Derby?

The Oaks is what properly sets the stage for the Kentucky Derby weekend. Fans from all over the world flock to Churchill Downs to experience the festive atmosphere and gain first-hand insights into current track conditions. The continuous engagement from spectators and media builds momentum towards the Kentucky Derby climax and casts a spotlight on the sport’s dedicated efforts to combat health concerns. 

FAQs

Can you bet on the Kentucky Oaks?

Yes, you can easily bet on the Kentucky Oaks at BUSR while taking advantage of different bonuses and promotions.

What is the payout for the Kentucky Oaks 2024?

The prize purse for the Kentucky Oaks 2024 is $1.5 million, marking a $250,000 increase from the previous year. Winners also receive a large garland blanket of lilies and a silver Kentucky Oaks Trophy. 

What is a 3 horse bet called?

A bet placed on three horses to finish first, second, and third in exact order is called a Trifecta. This type of wager is popular for its higher difficulty and potentially higher payouts compared to simpler options.

When is the Kentucky Derby 2024?

The Kentucky Derby 2024 is scheduled for the first Saturday in May, following the Kentucky Oaks.