Kentucky Derby and Betting

Tom001

I will happen to be in Ireland on the first Saturday in May this year, so I'm curious about watching and betting on the Kentucky Derby. Normally I head over to our local harness racing track to place a small bet, so I'm wondering if I can do similar in Ireland. I'm not sure where I will be since I'm doing this trip unscripted, but I will probably be to the west - anywhere from Galway to Limerick to Athlone. I do have to be back in Dublin Sunday afternoon for a flight home. I've got several questions I thought some of you could help with.

I found last year's thread and it looks like TV coverage may or may not exist. How likely is it I will be able to find a pub at 11:30 local time on a Saturday night that will have horse racing on TV?

I assume I can walk into a bookmaker and place a bet. Do I have to do anything complicated such as setting up an account, or can I just walk in and say "Race 11 at Churchill Downs, 10 Euro, #7 to Win"?

Are there any live racing tracks open that time of year (and night) that simulcast races?

Any tax implications if I win? I am a dual Irish/American citizen, but have only been to Ireland as a tourist, so never earned income there. I do have an Irish passport but no tax ID in the event I hit a long-shot trifecta.

Thanks in advance for any information.

Guffy

Tom001 wrote: »

I will happen to be in Ireland on the first Saturday in May this year, so I'm curious about watching and betting on the Kentucky Derby. Normally I head over to our local harness racing track to place a small bet, so I'm wondering if I can do similar in Ireland. I'm not sure where I will be since I'm doing this trip unscripted, but I will probably be to the west - anywhere from Galway to Limerick to Athlone. I do have to be back in Dublin Sunday afternoon for a flight home. I've got several questions I thought some of you could help with.

I found last year's thread and it looks like TV coverage may or may not exist. How likely is it I will be able to find a pub at 11:30 local time on a Saturday night that will have horse racing on TV?

I assume I can walk into a bookmaker and place a bet. Do I have to do anything complicated such as setting up an account, or can I just walk in and say "Race 11 at Churchill Downs, 10 Euro, #7 to Win"?

Are there any live racing tracks open that time of year (and night) that simulcast races?

Any tax implications if I win? I am a dual Irish/American citizen, but have only been to Ireland as a tourist, so never earned income there. I do have an Irish passport but no tax ID in the event I hit a long-shot trifecta.

Thanks in advance for any information.

Yip you can walk into any bookmakers shop and place the bet (close at 9pm i think).

No there are no tax implications. If you win just go back in with your docket and get paid.

There wont be any race tracks open as the racing here would be well over by then.

It depends on where you are with regards watching it on tv. If you are in Galway Kennedeys on Eyre Square may show it but im not sure on that front tbh. As far as i know Racing uk broadcast it... most bars will have it, even whatever hotel you are in. Just check with them earlier in the day to be sure.

diomed

Tom001 wrote: »

I assume I can walk into a bookmaker and place a bet. Do I have to do anything complicated such as setting up an account, or can I just walk in and say "Race 11 at Churchill Downs, 10 Euro, #7 to Win"?

Are there any live racing tracks open that time of year (and night) that simulcast races?

Any tax implications if I win? I am a dual Irish/American citizen, but have only been to Ireland as a tourist, so never earned income there. I do have an Irish passport but no tax ID in the event I hit a long-shot trifecta.

Thanks in advance for any information.

You write you bet on a betting slip in the bookmakers. Pick a blank slip, not a preprinted one.
There should be a dozen TV screens showing live racing, with other TV/monitors showing prices of upcoming races/greyhound races/future races/foreign races.
The best thing to do is go up to the counter and say you are interested in betting on the Kentucky Derby or whatever race, can I see a show of prices. If you like the price of your choice write this on your betting slip, and make the bet.

Write this on your betting slip
KENTUCKY DERBY
TIME OF RACE (IRISH OR UK TIME) <- may not be needed as "Kentucky Derby" might be enough.
HORSE NAME
BET AMOUNT e.g. €10
WIN (you need to say WIN. I don't think the do place or show.)
(If you bet to place you can not do a PLACE only bet. It must be EACH WAY which is a WIN bet and a PLACE bet (in first three).
ODDS (write the price they give you off the screen on your bet. You get this price. If you do not do this you will get the starting price, the price when the race starts which might be less. You may have to take the bookmaker price, as they probably will not give the USA tote price).

It is probably best to wait until there are no customers at the counter before going up and asking for a price / placing a bet.
It would be unpopular with customers if you start a long discussion with staff at the counter and stop customers placing their bet on the next horse race / greyhound race.

I am not sure if they take bets on small USA races (the undercard). Ask.

Live races / simulcast. You might see races from other tracks in Ireland and England from the bookmaker shop screens in the racecourse Tote hall at Irish race tracks. I don't go racing much now but I doubt you will be able to see USA racing live at Irish racecourses.

Trifecta
You won't be able to bet this at an Irish track afaik. You might be able to do this through Tote Ireland (check their website).
Betfair are another way to bet on racing from abroad. I doubt you will be able to do exotic bets on USA racing. I have placed Tote trifecta bets on very big UK races (UK Derby and Oaks), but I think very few races a year have these bets. I can bet on the UK Tote through Betfair.

diomed

I put a bet on with a bookie
For the race they put on over in Kentucky
It's lovely at this time of year, so they say
And I've got to get away

But I'm a dreamer and you know
I'm a schemer with an eye for a show
It's my imagination when I get low
And the truth is I don't think I'll ever go

Delta2113

Paddy Power refused taking bets - what a joke.

Collie D

Delta2113 wrote: »

Paddy Power refused taking bets - what a joke.

Why?

Delta2113

"Unfortunately due to reasons beyond our control we will not have odds on this." - ref @AskPaddyPower.

Some people reckon it's because they knew they would loose money on it and so therefore just couldn't be bothered.

It's pretty shocking they wouldn't take bets if you ask me.

They keep saying "Your Welcome" - yes right!

BumperD

There is a legal or regulatory reason they cannot accept bets at Kentucky. I heard about this before.