The Kentucky Derby is the most famous horse race in the United States. It's always run on the first Saturday in May and is often called "The Most Exciting Two Minutes in Sports" or "The Run for the Roses."
The race takes place at Churchill Downs Racetrack from Louisville, Kentucky and features the top three-year-old horses in the world.
Due to the global 'coronavirus' pandemic, the 2020 Kentucky Derby was postponed. The event has been tentatively rescheduled for Saturday Sept. 5, 2020 at Churchill Downs, which will kick off the Labor Day holiday weekend in the United States.
Kentucky Derby Betting Odds
Due to the postponement of the Kentucky Derby in May to September, Churchill Downs has added three additional future pools for the Kentucky Derby Future Wager.
Derby Pool 5 - June 26-28
|2020 Kentucky Derby Future Wager - Pool Five|
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 Wednesday before Saturday's race. Prior to the draw, gamblers can check out fixed odds at various betting shops.
If you’re new to betting on horses, then your starting point for placing bets is understanding the odds for any race or the largest one of them all -- the Kentucky Derby Odds.
Every horse will have betting odds listed next to their number or name and the majority of tracks and sportsbooks list their odds in fractional form. Put simply, the odds are the return that you will receive on your stake or wager on the horse if it wins the race.
The Win wager is the most popular wager in all of horse racing and you’ll cash tickets on this bet if the horse you choose finishes in first place of the race.
Bettors wagering $10 on a horse at 2/1 would receive $30 if the horse won because you’ll win $20 on the bet and then receive your initial stake in return.
If you are interested in betting the 2020 Kentucky Derby, there is something that you should be aware of. Online horse racing betting is not legal in all states within the United States but our list below will show you the ones that have legalized it.