The Kentucky Derby is billed as the Most Exciting Two Minutes in Sports. Having a little action on the race only adds to that excitement.
With Saturday's 143rd Run for the Roses fast approaching, here are 10 betting terms you need to know.
Keep in mind that a basic bet is just $2 with payouts varying dramatically based on the odds.
Win: Pick the horse that wins the race
Place: Pick a horse that finishes first or second
Show: Pick a horse that finishes first, second or third
Daily Double: Pick the winners of two races
Exacta: Pick the first and second-place finishers in the correct order
Exacta Box: Pick the first and second-place finishers in no particular order
Trifecta: Pick the first, second and third-place finishers in the correct order
Trifecta Box: Pick the first, second and third-place finishers in no particular order
Superfecta: Pick the first, second, third and fourth-place finishers in the correct order
Superfecta Box: Pick the first, second, third and fourth-place finishers in no particular order
While there are a million ways to bet the Kentucky Derby, taking a box is one of the most popular approaches. Say you can't choose among four of the favorites: Classic Empire, McCraken, Irish War Cry and Always Dreaming. If you're pretty certain two of them will finish 1-2, list all four of those horses on an Exacta Box for $24. You're getting 12 combinations for $2 each.
Then sit back, enjoy the race and root them home!
But which horse is going to win? Visit SportsLine to see Demling's pick to win the Kentucky Derby as he goes for his ninth straight Churchill Downs win.
Kentucky Derby updated odds
Lookin at Lee
Fast and Accurate
State of Honor
Battle of Middway
J Boys Echo
Irish War Cry