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Those in Massachusetts interested in betting on the Kentucky Derby this Saturday via online platforms may find a familiar option.
FanDuel or DraftKings.
FanDuel Racing and DK Horse, two major players in the sports betting industry, are also dominating the horse racing betting arena. This Saturday’s race from Churchill Downs marks the pinnacle of the horse racing calendar, and these two platforms are top choices for Massachusetts residents looking to place a wager on the Kentucky Derby.
Why FanDuel Racing might be the best Kentucky Derby MA bet
In 2018, when the US sports betting landscape opened up, DraftKings and FanDuel swiftly emerged as the dominant forces in the DFS (Daily Fantasy Sports) realm. Many gaming industry experts were taken aback by their ability to outsmart and surpass even the biggest casino companies, securing the largest market shares.
In late March, FanDuel secured a major advantage in Massachusetts as the state gaming commission authorized the inclusion of its FanDuel TV horse racing app in its “one-wallet” platform.
TVG, which was established in 1999, gained national popularity over the years among horse racing bettors in various states. As a result, FanDuel’s horse racing app, born from TVG, also enjoys the advantage of this widespread recognition.
In the summer of 2022, TVG underwent a rebranding and transformed into FanDuel TV. As a result, the newly named site already boasted a significant existing audience. Prior to the name change, residents from Massachusetts, Connecticut, Rhode Island, Vermont, and over twenty other states had already been enjoying access to the TVG product.
FanDuel TV offers the “one wallet” option in approximately half of the states, including Massachusetts.
The website of FanDuel features a collection of horse racing bets that seem to be indistinguishable from one another.
- I’m making these Kentucky Derby wagers for the following reasons:
The case for betting the Kentucky Derby on DK Horse
Boston-based DraftKings has partnered with Churchill Downs, the owners of the renowned Derby racetrack, to bring MA bettors their new app DK Horse. This collaboration, established in November, aims to provide a familiar and seamless experience for Massachusetts bettors.
DraftKings was granted permission by Massachusetts regulators in late March to launch their app, making it the sole state in New England, and one among twelve states, to allow its operation.
However, there is a temporary twist. DraftKings’ customers are accustomed to the “one wallet” program, which links their funds to the company’s sportsbook, daily fantasy sports contests, and online casino gaming.
However, at the moment, DK Horse registrations necessitate the deposit of funds into a distinct account in order to make bets.
Gaming companies are already reaping the rewards of attracting sportsbook players to venture into online casinos or DFS through crossovers. However, horse racing holds a distinctive allure due to its worldwide popularity. Imagine an NBA or MLB bettor having a fantastic day and deciding to extend their luck by placing a bet on a horse race taking place in a distant country.
DraftKings is highly likely to integrate all gambling options in the near future, as it is inevitable and not too distant.
DK Horse has plenty of Kentucky Derby betting options
The DK Horse app offers various betting options that horse players are already familiar with. These include straightforward win, place, and show bets, as well as daily doubles, Pick 3 and Pick 4 contests. Additionally, the app allows users to place exacta bets on the first and second place horses, trifecta bets on the first, second, and third place horses, and even superfecta bets which require accurately selecting the top four horses for potentially enormous payouts.
The app offers several notable features, including the ability to stream race videos, a comprehensive betting guide, and a convenient schedule of upcoming major races. Similar to other apps, it can be easily downloaded for free by both iPhone and Android users.
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