Derby, a form of horse racing, is one of the great British sporting events. It is named after the famous Derby horse races that are held each year in May. This is also the time when many UK businesses shut down for their summer break, so it is a time when many people are sitting at home, drinking tea and eating cake, wondering when the hell the days will go by.
If you are new to betting or just want to get back into the game, then the best time to do it is now. With so many online bookmakers offering bets on the Derby, it’s pretty easy to place a bet on the race whenever you want. There are a number of brilliant online bookmakers offering a wide range of markets, so you are bound to find something that suits your needs. Below we look at when does the Derby start and finish, and also when does the money-back guarantee kick in.
The 2018 Derby Start And Finish Times
The first race of the day, the 12:30 p.m. (IST) Derby, gets underway at Victoria Station approximately one hour and thirty minutes after the close of the 2019 UK general election, which was held on June 9th.
The last race of the day, the 6:45 p.m. (IST) St. Leger, goes ahead one hour and fifteen minutes after the start time of the final race of the day, the (7:55 p.m.) Derby. So essentially, if you want to bet on the Derby, you have to wait until after the first race of the day to get your money back if you lose, and you have to wait until after the last race of the day to make sure you win, or at least cover your costs.
The first race of the day is the short-lived 12:30 p.m. (IST) Derby. This race usually lasts for just three and a half hours, and is often won by the favorite, a horse that has not lost a competition in the last six months. The favorite will usually win the Derby, as this is a race in which the favorite must always win.
The second race is the 4:15 p.m. (IST) Lancashire Cup. This is the second-oldest horse race in Great Britain after the Derby, and is usually run on similar courses and at similar speeds. Like the Derby, the favorite must always win the Lancashire Cup, so they are often considered together as the ‘Royalty’ of horse racing.
The third and final race of the day is the 6:45 p.m. (IST) St. Leger. Like the other two races mentioned above, the St. Leger is also held annually in May, and is named after the French town of St. Leger, where the race was first held in 1817. The St. Leger is the most prestigious horse race in Great Britain, and is widely regarded as the ‘King of all horse races’.
The last three races of the day are all scheduled to finish at the same time, at 7:55 p.m. (IST). The final two are separated by five minutes, and the winner of the five-mile St. Leger is usually awarded the John Bright British championship title. This is largely because the last two legs are used for training purposes, rather than just to determine the winner. Therefore, it provides a useful platform for the champions to prepare for next year’s competitions.
When Does The Money-Back Guarantee Kick In?
The guarantee time for all of the above bets is 60 minutes. If you place a bet on one of the four races listed above before the guarantee time has elapsed, then your money will be refunded, provided the teams concerned win or draw. This means that in the unlikely event that none of the above four races end in a victory, then you will get your money back from the bet. If you place the bet after the 60-minute guarantee period has expired, then you will not get your money back.
What happens is that the bookmaker takes a small piece of the action as a ‘house’ bet. This is done to ensure that players are continually feeding money into the website, as there is always the possibility that one of the big-name horses might lose, in which case the bookmakers would lose a lot of money. To avoid this situation, the house bet is usually a small amount, say, £10, which is then refunded to the player, provided the bet is settled in their favor. So if you wager £100 on a horse to win the Derby, and they finish second, your £100 will be refunded, as long as the other three bets are settled as predicted. The guarantee covers all four bets, so if any of the four races are won by a margin of less than two and a half lengths, then you will get your money back. This means that you will win £75, rather than lose £100 on the bet.
What Time Does Twinspires Start Derby Betting?
If you want to place a bet on the Derby, then all you need to do is look for the odds and take your pick from among the bookmakers. Remember, the sooner you do this, the sooner you can start enjoying your summer, and take pleasure in seeing the favorites win. You have until the end of the day, or until the first race of the next day, whichever comes first.