Select a horse for the Win Place Show wager. Each wager costsR$6 total, $2 for each win, place, and show bet.

Learn how to bet the Kentucky Derby, get live odds plus expert picks, and bet online at twinspires, the official wagering site of the Kentucky Derby.

One bettor won more than a half-million dollars by hitting an insane parlay during Championship Sunday in the NFL. The lucky winner turned theirR$20 site credit on FanDuel intoR$579,000 by correctly guessing the winners and exact score of both conference championship games. There's 55 555. There's just 55 555.

What 20-to-1 means: When you see 20-to-1 odds, you're looking at a long shot that is unlikely to win. In fact, the implied win probability for a team that's 20-to-1 is 4.76%. However, should that long shot come in, it would pay outR$20 for everyR$1 wagered.