Last Updated Jan 26, 2023, 12:49 PM

2023 Kentucky Derby Odds

The Kentucky Derby is the most famous horse race in the United States and while the 2023 installment is still many months away, bettors can already start to forecast for the event. The 149th running of the Kentucky Derby will take place on May 6, 2023 at Churchill Downs in Louisville, Kentucky and we're getting ready for the "most exciting 2 minutes in sports."

Currently, bettors can start placing early wagers on the upcoming Triple Crown main event with the Future Wager Pool bets.

2023 KENTUCKY DERBY FUTURE WAGER - POOL 3

The third Kentucky Derby Future Wager pool opened on Friday January 20, 2023 and closed on Sunday Jan. 22, 2023.

The four-day pool featured 38 individual horses plus the "All Others" option, which covers all the colts and geldings not listed in the group of 38 and the fillies without odds.

For the third straight pool, the "All Other Colts and Geldings" closed as the favorite, this time be listed at 2-1 odds (Bet $100 to win $200). The "All Other Fillies" closed as a 47/1 betting choice.

Of the 38 horses listed, Forte remains a popular choice in the Kentucky Derby Futures Pools. This time, the colt closed at 6/1 odds which was down from 16/1 and 10/1 in Pool 1 and Pool 2 respectively.

Listed below are the Official Opening Odds on all of the choices for Pool 3 of the 2023 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Angel of Empire 99-1
2) Arctic Arrogance 73-1
3) Banishing 36-1
4) Blazing Sevens 21-1
5) Confidence Game 75-1
6) Corona Bolt 34-1
7) Curly Jack 57-1
8) Cyclone Mischief 41-1
9) Disarm 99-1
10) Dubyuhnell 72-1
11) Echo Again 41-1
12) Extra Anejo 21-1
13) Forte 6-1
14) Giant Mischief 19-1
15) Gulfport 73-1
16) Gun Pilot 78-1
17) Hit Show 99-1
18) Instant Coffee 31-1
19) Jace's Road 63-1
20) Kingsbarns 41-1
21) Litigate 99-1
22) Loggins 21-1
23) Lugan Knight 99-1
24) Practical Move 86-1
25) Prairie Hawk 99-1
26) Recruiter 99-1
27) Rocket Can 99-1
28) Shesterkin 99-1
29) Shopper's Revenge 99-1
30) Signator 28-1
31) Sun Thunder 82-1
32) Tapit Shoes 99-1
33) Tapit Trice 26-1
34) Tapit's Conquest 82-1
35) Two Phil's 96-1
36) Verifying 38-1
37) Victory Formation 24-1
38) Wildatlanticstorm 36-1
39) All 3-year-old fillies 47-1
40) All Other 3-year-olds and geldings 2-1

2023 KENTUCKY DERBY FUTURE WAGER - POOL 2

The second Kentucky Derby Future Wager pool opened on November 24, 2022 and closed on November 27, 2022. The four-day pool featured 38 individual horses plus the "All Others" option, which covers all the colts and geldings not listed in the group of 38 and the fillies without odds.

For the second straight pool, the "All Other Colts and Geldings" closed as the 4-5 favorite (Bet $100 to win $80). The "All Other Fillies" closed as a 29/1 betting choice.

Of the 38 horses listed, Forte closed at 10/1 odds which was down from 16/1 in the Kentucky Derby Futures Pool 1 wager.

Other horses that appear to be on the radar of bettors heading into 2023 include Extra Anejo (13-1), Loggins (19-1), Signator (27-1), and Blazing Sevens (37-1)

Listed below are the Official Closing Odds on all of the choices for Pool 2 of the 2023 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Awesome Strong 64-1
2) Blazing Sevens 37-1
3) Bromley 99-1
4) Capture the Flag 65-1
5) Cascais 99-1
6) Champions Dream 99-1
7) Corona Bolt 65-1
8) Curly Jack 61-1
9) Cyclone Mischief 47-1
10) Dennington 99-1
11) Disarm 45-1
12) Echo Again 45-1
13) Expect More 70-1
14) Extra Anejo 13-1
15) Forbidden Secret 80-1
16) Forte 10-1
17) Frank's Honor SCR
18) Full Moon Madness 99-1
19) General Jim 82-1
20) Giant Mischief 75-1
21) Gulfport 70-1
22) Hal 99-1
23) Hit Show 90-1
24) Instant Coffee 35-1
25) Joking Way 99-1
26) Litigate 57-1
27) Loggins 19-1
28) Mr. Ripple 99-1
29) Navy Man 99-1
30) Practical Move 99-1
31) Recruiter 99-1
32) Rocket Can 99-1
33) Signator 27-1
34) Tapit's Conquest 94-1
35) Ten Days Later 99-1
36) Tuskegee Airmen 64-1
37) Verifying 74-1
38) Victory Formation 60-1
39) All 3-year-old fillies 29-1
40) All Other 3-year-olds and geldings 4-5

2023 KENTUCKY DERBY FUTURE WAGER - POOL 1

The first Kentucky Derby Future Wager pool opened on November 1, 2022 and closed on November 3, 2022. This pool took place in advance of the 2022 Breeders' Cup and allowed bettors the opportunity to wager on 40 potential contenders to win the 2023 Kentucky Derby.

As expected the "All Other Colts and Geldings" closed as the 4-5 favorite (Bet $100 to win $80).

For individual horses, bettors tipped their cap to Forte at 16-1 odds and that turned out to be a solid wager with the colt winning the $2Million Breeders' Cup Juvenile.

Listed below are the Official Closing Odds on all of the choices for Pool 1 of the 2023 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Andthewinneris 84-1
2) Awesome Strong 57-1
3) Blazing Sevens 20-1
4) Congruent 99-1
5) Curly Jack 41-1
6) Cyclone Mischief 68-1
7) Damon’s Mound 99-1
8) Echo Again 33-1
9) Expected Value 99-1
10) Extra Anejo 12-1
11) Forbidden Secret 89-1
12) Forte 16-1
13) Frank’s Honor 93-1
14) Full Moon Madness 99-1
15) General Jim 53-1
16) Gulfport 58-1
17) Hayes Strike 99-1
18) Hit Show 46-1
19) Hurricane J 99-1
20) Instant Coffee 93-1
21) Joking Way 99-1
22) Loggins 27-1
23) Lost Ark 51-1
24) Mr. Ripple 99-1
25) Ohana Honor 97-1
26) Post Time 99-1
27) Protege 99-1
28) Rocket Can 99-1
29) Rudder’s Men 99-1
30) Signator 39-1
31) Tapit’s Conquest 81-1
32) Ten Days Later 39-1
33) Tres Soles 87-1
34) Tuskegee Airmen 99-1
35) Two Phil’s 99-1
36) Tyler’s Tribe 94
37) Verifying 44
38) Victory Formation 74
39) All Other Fillies 37-1
40) All Other Colts and Geldings 4-5

Forte listed as 2023 Kentucky Derby favorite

HOW TO PLACE 2023 KENTUCKY DERBY FUTURE WAGERS

The Kentucky Derby Future Wager Pools was once again offered to bettors for the 149th installment. This betting market provides an opportunity for fans to bet early on the potential Derby horse they think will earn a spot in the starting gate and go on to win the Kentucky Derby race. 

The wager can be golden or fool's gold, since you'll need the horse you bet on to qualify for the Kentucky Derby and that's not as easy as you think. 

The Future Wager offers 24 potential selections in each pool, outside of Pool 1.

  • 22 Individual Horses
  • 1 All 3-Year-Old Fillies (Field)
  • 1 All Other-3-Year-Old Males (Field)

The (Field) wager of All Other-3-Year-Old Males normally receives the most betting interest in these pools and bettors can get fixed odds on a horse that isn't included in the 22 selected horses already recognized.

The scheduled 2023 Kentucky Derby Future Wager Pools and "Closing Odds" are listed below:

KENTUCKY DERBY POOL DATES

  • Pool 1 - Nov. 1-3, 2022
  • Pool 2 - Nov. 24-27, 2022
  • Pool 3 - Jan. 20-22, 2023
  • Pool 4 - Feb. 10-12, 2023
  • Pool 5 - Mar. 10-Mar. 12, 2023
  • Pool 6 - Mar. 30-Apr. 1, 2023

The lone Kentucky Oaks Future Pool will take place during Pool 5 of the Kentucky Derby, which is scheduled from Mar. 10-12, 2023.

KENTUCKY DERBY ONLINE BETTING 2023

Betting on the Kentucky Derby is something that hundreds of thousands of fans are looking forward to because of all the excitement the race brings. The thrill isn’t just in guessing the next Kentucky Derby winner-- there are many other betting options for those who know where and how to look for them.

The odds and predictions will change as the 148th Kentucky Derby draws nearer. Some prefer early Kentucky Derby online betting, while others wait for the day of the Run for the Roses to place their bets. Both these practices have their pros and cons. Ultimately, everything depends on your personal preference.

Also, before you decide who to bet on, you should take into consideration some of the important factors such as the weight, age and form of every horse. Don’t forget to find out more information about their past performances, their jockeys and trainers.

These are the details that can help you make your own horse racing betting strategy. Not only will this knowledge be helpful for the first leg of the American Triple Crown, but will also apply for the Belmont Stakes and Preakness Stakes.

However, choosing the right operator is one of the most important things when it comes to Kentucky Derby online betting. We choose some of the best Kentucky Derby online betting websites where you can also stream the race, so make sure to visit them and see what they have to offer:

Morning-Line Odds for the Kentucky Derby aren't available until the week of the race and those are created by Churchill Downs oddsmaker Mike Battaglia. The official morning-line odds are announced after the post positions for the field have been set, which is normally announced on Tuesday before Saturday's race. Prior to the draw, gamblers can check out fixed odds at various betting shops.

TVG WELCOME OFFER: GET UP TO A $200 RISK-FREE BET WITH A NEW TVG ACCOUNT

In order to qualify for this offer, as soon as you open a new account, you should place a single horse win-bet. If you lose, the operator will put up to $200 right back into your account as a wagering credit.

As you may know, TVG is one of the most popular sites for horse racing betting in the USA. But what makes it so great? Apart from the quality of welcome offers and current Kentucky Derby betting promotions, the operator comes with a bunch of other great stuff.

First of all, we want to say that the operator is exclusively focused on horse racing. It doesn’t feature any other sport, but if you are on the lookout for great horse racing action, then you’ll be in the right place.

TVG is the go-to place for online horse racing betting, including Kentucky Derby online betting. You can also find betting on the Breeders Cup or Kentucky Oaks. The operator offers some of the best horse racing odds, live streaming and betting services.

In the horse racing schedule on the website, you can easily find all upcoming events. For your convenience, TVG has also created a dedicated mobile application that you can easily download and use to place your bets or keep an eye on existing ones.

148TH KENTUCKY DERBY BETTING RESULTS

Churchill Downs had over 100,000 fans in attendance watch a stunner take place on Saturday May 7, 2022 as Rich Strike, an 80-1 long shot, captured the 148th Kentucky Derby.

The horse was a late addition to the 2022 Kentucky Derby field from the also-eligible list on Friday, taking the place for No. 20 Etheral Road.

Jockey Sonny Leon rallied the horse to run past the 4/1 favorite Epicenter and contender Zandon (6/1) to win the 148th Run for the Roses.

Rich Strike paid $163.60 to win, which was the second-biggest upset in the Derby's 148th year history. The victory for Leon and trainer Eric Reed was their first Kentucky Derby and Triple Crown win.

Reed summed it up best and seemed just as surprised. "Small trainer, small rider, small stable, he should have been 80-1,” Reed said. “And so anybody that’s in this business, lightening can strike.”

2022 Kentucky Derby Results

(Win-Place-Show)
1) 21 Rich Strike ($163.60, $74.20, $29.40)
2) 3 Epicenter ($7.40, $5.20)
3) 10 Zandon ($5.60)

The Rich Strike team were celebrating after winning the 148th running of the Kentucky Derby. (AP)

2022 Kentucky Derby Payouts

The Total Win Pool on the 2022 Kentucky Derby closed at just over $49 million and a little more than $500,000 was wagered on the No. 21 horse Rich Strike to Win.

With an 80/1 long shot taking first place, the exacta, trifecta and superfecta tickets were all extremely high and they are listed below:

$1.00 Double 10/21 $1,364.90
$2.00 Exacta 21/3 $4,101.20
$0.50 Pick 3 3/10/21 $1,612.20
$0.50 Pick 4 9/3, 8/10/21 $25,834.75
$0.50 Pick 5 5/9/3, 8/10/21 $247,215.66
$0.20 Pick 6 5, 7/5/9/3, 8/10/21 $161,630.86
$1.00 Super High Five 21/3/10/13/1 $741,018.88
$1.00 Superfecta 21/3/10/13 $321,500.09
$0.50 Trifecta 21/3/10 $7,435.35

2022 Kentucky Derby Finish Order

  1. (21) Rich Strike
  2. (3) Epicenter
  3. (10) Zandon
  4. (13) Simplification
  5. (1) Mo Donegal
  6. (14) Barber Road
  7. (18) Tawny Port
  8. (5) Smile Happy
  9. (9) Tiz the Bomb
  10. (19) Zozos
  11. (17) Classic Causeway
  12. (12) Taiba
  13. (7) Crown Pride
  14. (2) Happy Jack
  15. (6) Messier
  16. (15) White Abarrio
  17. (8) Charge It
  18. (16) Cyberknife
  19. (11) Pioneer of Medina
  20. (4) Summer Is Tomorrow

HISTORY OF THE KENTUCKY DERBY RACE

Capping the two-week-long Kentucky Derby Festival, the race is also known as "the most exciting two minutes in sports".

Popularly called the Run for the Roses because of the blanket of roses draped over the Derby winner, the first Derby took place in 1875. Since then, it has been held annually in Louisville, Kentucky without interruption-- not even during the Great Depression and both World Wars.

The Kentucky Derby is usually the first leg of the American Triple Crown, followed by the Preakness Stakes and then the Belmont Stakes. This year, however, Belmont is up first due to the new race season schedule.

Now, if a horse manages to win all three races, it’s the winner of the Triple Crown. However, only 13 horses have been able to do it so far.

The last horse to win the Triple Crown was Justify in 2018, who was the favorite for winning the Kentucky Derby right from the start. In the 2019 Derby, even though Maximum Security was the first one to cross the finish line, he was disqualified for interference, and Country House was declared the winner of the 145th edition of the Kentucky Derby.

KENTUCKY DERBY WINNERS (LAST 10)

2022 - Rich Strike
2021 - *Medina Spirit (Mandaloun)
2020 - Authentic
2019 - Country House
2018 - Justify
2017 - Always Dreaming
2016 - Nyquist
2015 - American Pharoah
2014 - California Chrome
2013 - Orb

The 2022 Kentucky Derby was one of the largest upsets in the history of the race as Rich Strike, an 80/1 betting choice, became just the second colt to win the Derby from the 20th post position.

In the 2021 Kentucky Derby, bettors watched Medina Spirt win the race as a 12/1 betting choice but there was plenty of noise surrounding the win. Medina Spirit trainer Bob Baffert was banned from the first Triple Crown race for two years following the verification of a positive drug test by the winning horse. Per the disqualification, Mandaloun was named the winner of the race and Medina Spirit was stripped of its win. 

HOW TO BET THE 2023 KENTUCKY DERBY

A FEW WORDS ABOUT KENTUCKY DERBY ONLINE BETTING 

When it comes to the 2023 Kentucky Derby, it could be any horse’s race. Make sure to check the odds on one of the websites we’ve recommended you above and keep an eye on them.

Kentucky Derby online betting is a much-beloved tradition for many people, and therefore all these online betting operators try their best to provide users with an excellent betting experience.

Many of these operators even offer the possibility of live streaming so you can watch the race from the comfort of one device. However, in order to watch the Kentucky Derby online, you need to register with an operator of your choice.

The majority of Kentucky Derby online betting operators have adopted the “bet and watch” concept. Basically, you need to have placed a bet in the past 24 hours in order to watch a race’s livestream.

There’s nothing more exciting than watching a live stream of your favorite Kentucky Derby contenders and rooting for them to achieve Triple Crown glory. Without a doubt, the Kentucky Derby is one of the most important events in the American sporting calendar.

Whether you decide to watch the race directly from the racecourse, from the Kentucky Derby online betting mobile application or on the operator’s official website, exciting action is guaranteed. In order to be fully prepared to make bets, bettors look at the odds months in advance.

HOW TO BET ON KENTUCKY DERBY LINES

After going through some of the currently available predictions and analyzing the horses’ forms and past performances, the next logical step when it comes to Kentucky Derby online betting is to actually place a bet. In our guide, we’ll go through some of the basic steps that you usually need to follow when it comes to betting with different online bookmakers.

First of all, you need to visit an online sportsbook offering the possibility to bet on the Kentucky Derby. We have included a list of such operators at the beginning of our article. Feel free to take a look at them and choose the one that suits your style of betting.

Once you visit one of the websites, you’ll need to register in order to access the operator’s services. Keep in mind that the vast majority of these online sportsbooks offer certain welcome promotions for all new users who register for the very first time.

Importantly, don’t forget to go through the operator’s terms and conditions and see what requirements must be met in order to get the available bonus.

As soon as you register, you gain access to the available betting markets. Let’s go through some of the most popular Kentucky Derby online betting options and see what the possible choices are:

DIFFERENT TYPES OF KENTUCKY DERBY ONLINE BETTING

After signing in to your online sportsbook account, you’ll need to select the track of the race of your choice, then pick one or more races you'd like to bet on. Next, select your runner and wager type. Finally, all you have to do is enter the amount you’d like to wager and submit your bet slip.

Before you start placing your first bets, we want to make sure that you are well aware of all the betting options available when it comes to Kentucky Derby online betting.

Therefore, let’s take a quick look at some of the popular types of bets:

EARLY BETTING 

Kentucky Derby future wagering is a great option for all those who enjoy early betting. This type of bet is usually available during different runnings of the “Road to the Kentucky Derby” prep races.

WIN, PLACE & SHOW BETS

Win, place and show bets are types of wagers that new players usually stick to. Just like the name suggests, a win bet is a bet placed on the horse that you hope to win the Kentucky Derby.

With place bets, you can get a return if your selection finishes first, second, or sometimes even fourth or fifth depending on the bookie’s offer. It goes without saying that the odds are much lower, but this type of bet is more reassuring.

Show bet is the next in line. It’s quite simple - you win if your selection finishes in the top three. As you probably imagine, this bet comes with lower risk, but also a lower payoff.

Of course, it’s up to you to decide which one of these options is the best for you. There are also some other, maybe slightly more complicated types of wagers. But once you get familiar with them, you’ll see that they can be easily understood. So, let’s get started!

EXACTA BET

If you’ve already tried some of the previous types of bets and you’d like to try something new when it comes to Kentucky Derby online betting, exacta is the next one on our list we’d like to discuss.

In this type of bet, you have to choose two runners who you’ll think will finish first and second, but in exact order. That’s what makes this type of bet more complicated compared to those we discussed earlier. Of course, bigger risk means bigger potential payouts.

TRIFECTA BET

Another type of bet that you can try is trifecta bet. It’s similar to an exacta, but just like the name suggests, this type of wager involves three horses. Choose three runners you think will finish in the top three, in the exact order, and wait for the outcome of the race.

If the “exact order” part of the bet is what bothers you, there’s another option called a boxed trifecta wager. With this modified trifecta bet, you also have to choose three horses, but the order is not important.

KENTUCKY DERBY ONLINE BETTING ODDS

The good news is that thanks to the various Kentucky Derby online betting options, you don’t have to be at Churchill Downs to place your bets. You can place a bet online as long as you are in one of the states where Kentucky Derby online betting is available.

With our Kentucky Derby betting guide, we want to point out some of the most important aspects of this exciting betting adventure. However, it’s all up to you – you choose when to place a bet. You can rely on early Kentucky Derby online betting or you can place bets just a few minutes before the windows close.

There’s one thing to keep in mind: don’t forget to regularly check the Kentucky Derby online betting odds. Odds can change from one day to the next. Most of all, make sure to compare the odds offered by different bookmakers.

When it comes to odds, it won’t hurt to know how they are calculated. They are determined by a Pari-Mutuel System. In other words, the odds are dependent on the peoples’ wagers.

Once the specific amount bet on a horse is determined, that amount is compared to how much is bet on the other horses in the field and the bookies determine the odds. That’s why odds constantly change, and why the more money is bet on a particular horse, the lower odds he’ll get.

READY FOR KENTUCKY DERBY BETTING?

There’s no easy way to create a successful Kentucky Derby online betting strategy. To sum up, we’d like to once again go through some of the most important things to remember when it comes to betting on the most exciting two minutes in sports.

First of all, make sure to know who you are betting on before you decide to place a bet. Because of this, it is important to do some research in advance. We don’t say that it's a guaranteed way to bet successfully-- luck also plays an important role. However, it’s good to do everything you can to try and prevent unpleasant surprises.

Make sure to consider all the important factors, including the horse’s past performance and jockeys’ and trainers’ histories. Don’t forget to find out what style of races your horse is good at, and what types of tracks they prefer. For example, when it comes to the Kentucky Derby, horses that had some success on a dirt track might be the promising ones.

Also, keep an eye on the favorites, but don’t forget to check the underdogs too. We never know what might happen. That’s where the whole excitement in the Kentucky Derby online betting comes from.

Last but not least, once you choose your horse(s), find an online sports betting platform that suits your style. If you are opening a new account for the first time, make sure to check the currently available promotions and let the fun begin!

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