2024 Kentucky Derby Odds

The Kentucky Derby is the most famous horse race in the United States and while the 2024 installment is still many months away, bettors can already start to forecast for the event. The 150th running of the Kentucky Derby will take place on May 4, 2024 at Churchill Downs in Louisville, Kentucky and we're getting ready for the "most exciting 2 minutes in sports."

Before placing your bets, use our BetMGM bonus code to unlock potential bonus bets!

Odds to win 2024 Kentucky Derby

Caesars Sportsbook & Casino in Las Vegas, Nevada has updated their Fixed Odds to win the 2024 Kentucky Derby and bettors can start placing wagers on the below runners.

  • Fierceness 7-2
  • Sierra Leone 7-2
  • Forever Young 10-1
  • Dornoch 10-1
  • Honor Marie 10-1
  • Catching Freedom 12-1
  • Mystik Dan 16-1
  • Just a Touch 20-1
  • Track Phantom 20-1
  • Resilience 20-1
  • Stronghold 25-1
  • Domestic Product 26-1
  • Just Steel 35-1
  • Deterministic 35-1
  • West Saratoga 40-1
  • Endlessly 50-1
  • No More Time 60-1
  • Common Defense 65-1
  • Catalytic 75-1
  • Hades 75-1
  • T O Password 100-1
  • Society Man 100-1
  • Grand Mo the First 125-1
  • Uncle Heavy 125-1

Odds & Field Subject to Change

Ready to bet? Use our Caesars Sportbooks promo code to get potential bonus bets.

Churchill Downs is expected to host the 150th Kentucky Derby on May 4, 2024. (Getty)

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 6

The sixth and final 2024 Kentucky Derby Future Wager pool opened at 12:00 p.m. ET on Thursday April 4, 2024 and closed on Saturday April 6, 2024 at 4:00 p.m. ET, prior to the running of the last three major Kentucky Derby prep races.

Race - Winner (Closing Odds)

Wood Memorial - Resilience (76-1)
Santa Anita Derby - Stronghold (30-1)
Blue Grass - Sierra Leone (7-1)

Of the above winners, Sierra Leone is the only notable horse that gained attraction on the weekend.

Fierceness, the 2024 Florida Derby Winner, opened as the 7-2 betting favorite to win the 2024 Kentucky Derby in the final future wager pool and it closed as a 5/2 favorite.

Forever Young, a Japanese Product, closed at 8-1.

Listed below are the closing odds for all of the eligible horses.

Number-Entry-Odds

1) Be You 52-1
2) Catalytic 99-1
3) Catching Freedom 12-1
4) Common Defense 234-1
5) Deterministic 12-1
6) Domestic Product 40-1
7) Dornoch 12-1
8) El Grande O 117-1
9) Encino 63-1
10) Endlessly 37-1
11) Epic Ride 156-1
12) Evening News 147-1
13) Fierceness 5-2
14) Forever Young 8-1
15) Good Money 157-1
16) Grand Mo the First 179-1
17) Hades 92-1
18) Honor Marie 26-1
19) Just a Touch 22-1
20) Just Steel 30-1
21) Lat Long 322-1
22) Mc Vay 194-1
23) Merit 478-1
24) Mystik Dan 35-1
25) No More Time 277-1
26) Resilience 76-1
27) Seize the Grey 42-1
28) Sierra Leone 7-1
29) Society Man 793-1
30) Stronghold 30-1
31) T O Password 135-1
32) Tapalo 294-1
33) Tessuto 516-1
34) Timberlake SUSPENDED
35) Top Conor 80-1
36) Track Phantom 53-1
37) Tuscan Sky 24-1
38) Uncle Heavy 72-1
39) West Saratoga 121-1
40) All other 3-year-olds 22-1

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 5

The fifth 2024 Kentucky Derby Future Wager pool opened on Friday March 15, 2024 and closed on March 17, 2024 at 6:00 p.m. ET.

Sierra Leone (7-1) and Fierceness (9-1) closed as the top two betting choices, ahead of the field wager of All Other 3-Year-Olds which went off at 11-1 odds.

Other notable horses to receive attention included Timberlake and Forever Young at 12-1 odds and Dornoch at 13-1.

Listed below are the closing Morning-Line Odds for all of the eligible horses.

Number-Entry-Odds

1) Agate Road 37-1
2) Be You 99-1
3) Born Noble 99-1
4) Catching Freedom 26-1
5) Common Defense 62-1
6) Conquest Warrior 16-1
7) Corporate Power 99-1
8) Deterministic 16-1
9) Domestic Product 33-1
10) Dornoch 13-1
11) El Grande O 99-1
12) Encino 57-1
13) Endlessly 59-1
14) Epic Ride 99-1
15) Fierceness 9-1
16) Forever Young 12-1
17) Hades 50-1
18) Hall of Fame 37-1
19) Honor Marie 34-1
20) Just a Touch 32-1
21) Just Steel 99-1
22) Lat Long 99-1
23) Le Dom Bro 99-1
24) Liberal Arts 45-1
25) Mystik Dan 16-1
26) Nash 99-1
27) No More Time 99-1
28) Resilience 99-1
29) Seize the Grey 33-1
30) Sierra Leone 7-1
31) Stronghold 48-1
32) The Wine Steward 99-1
33) Timberlake 12-1
34) Time for Truth 99-1
35) Top Conor 99-1
36) Track Phantom 23-1
37) Tuscan Gold 81-1
38) Tuscan Sky 36-1
39) Uncle Heavy 80-1
40) All Other 3-Year-Olds (11-1)

2024 KENTUCKY OAKS ODDS FUTURE WAGER - POOL 1

The only Kentucky Oaks Future Wager pool opened on Friday March 15, 2024 and closed on March 17, 2024 at 6:00 p.m. ET.

Impel (7-1) and Just F Y I (8-1) were the top two fillies that received attention in the stand alone future pool.

All Other 3-Year-Old Fillies closed at 12-1 odds.

Listed below are the closing Morning-Line Odds for all of the eligible horses.

Number-Entry-Odds

1) All Things Go 99-1
2) Alpine Princess 52-1
3) Band of Gold 92-1
4) Candied 13-1
5) Carmelina 86-1
6) Denim and Pearls 49-1
7) Fiona's Magic 32-1
8) Ghalia Princess 45-1
9) Gin Gin 79-1
10) Gun Song 33-1
11) Halina's Forte 29-1
12) Impel 7-1
13) Into Champagne 85-1
14) Intricate 12-1
15) Jody's Pride 13-1
16) Just F Y I 8-1
17) Kopion 19-1
18) Lemon Muffin 16-1
19) Leslie's Rose 31-1
20) Life Talk 74-1
21) Maxisuperfly 99-1
22) Midsummer March 99-1
23) My Mane Squeeze 32-1
24) Neom Beach 99-1
25) Our Pretty Woman 31-1
26) Perfect Shot 99-1
27) Power Squeeze 77-1
28) Pretty Ana 99-1
29) Scalable 99-1
30) She's a Tempest 99-1
31) Sistina Chapel 99-1
32) Tapit Jenallie 99-1
33) Tarifa 11-1
34) Thorpedo Anna 17-1
35) Ultimate Authority 99-1
36) V V's Dream 85-1
37) Ways and Means 19-1
38) West Omaha 61-1
39) West Sunset 99-1
40) All Other 3-Year-Old Fillies 12-1

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 4

The fourth 2024 Kentucky Derby Future Wager pool opened on Friday February 16, 2024 and closed on Sunday February 18, 2024.

For the fourth consecutive Kentucky Derby Future Wager pool, the field wager of All Other 3-Year-Olds closed as the favorite. This time the three-year-olds were a tad higher, at 5-1 odds.

After the field wager, bettors gave attention to a handful of individual horses.

Sierra Leone 6-1
Dornoch 9-1
Timberlake 15-1
Locked 16-1
Fierceness 16-1
Track Phantom 20-1

Sierra Leone captured the Risen Star Stakes on February 17, 2024 at the Fair Grounds in New Orleans, rallying past Track Phantom. The two horses had 50-1 morning-line odds on Friday when the fourth pool opened on Friday.

Listed below are the closing morning-line odds on all of the 40 choices for Pool 4 of the 2024 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Agate Road 37-1
2) Amante Bianco 99-1
3) Born Noble 79-1
4) Capital Idea 99-1
5) Catching Freedom 31-1
6) Conquest Warrior 29-1
7) Deterministic 93-1
8) Dimatic 99-1
9) Domestic Product 80-1
10) Dornoch 9-1
11) El Grande O 99-1
12) Epic Ride 99-1
13) Fierceness 16-1
14) Forever Young 21-1
15) Hades 32-1
16) Hall of Fame 33-1
17) Honor Marie 36-1
18) Imperial Gun 57-1
19) Just Steel 79-1
20) Just a Touch 27-1
21) Knightsbridge 23-1
22) Lat Long 99-1
23) Liberal Arts 57-1
24) Locked 16-1
25) Lucky Jeremy 99-1
26) Mystik Dan 21-1
27) Nash 69-1
28) No More Time 99-1
29) Real Men Violin 99-1
30) Resilience 83-1
31) Sierra Leone 6-1
32) Speak Easy 41-1
33) Stronghold 99-1
34) Timberlake 15-1
35) Track Phantom 20-1
36) Tuscan Gold 92-1
37) Tuscan Sky 31-1
38) Uncle Heavy 72-1
39) West Saratoga 99-1
40) All Other 3-Year-Olds 5-1

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 3

The third 2024 Kentucky Derby Future Wager pool opened on Friday, January 19, 2024 and closed on Sunday January 21, 2024.

The field wager of All Other 3-Year-Olds closed as the 2-1 favorite in Pool 3 of the Kentucky Derby Future Wager.

After closing as an 8-1 betting choice in Pool 2, Fierceness once again closed at at the same price (8-1) in the third Kentucky Derby Future Wager pool. The colt is expected to make its seasonal debut in the the Holy Bull Stakes on Feb. 3 at Gulfstream Park in Hallandale, Florida.

Other notable individual horses that received attention in Pool 3 of the Kentucky Derby Future Wager include Sierra Leone (13-1), Dornoch (15-1), Conquest Warrior (18-1), Locked (18-1) and Track Phantom (18-1), who just captured the 2024 Lecomte Stakes at the Fair Grounds.

Listed below are the closing odds on all of the 40 choices for Pool 3 of the 2024 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Amante Bianco 99-1
2) Ari’s Magic 74-1
3) Book’em Danno (g) 67-1
4) Born Noble 41-1
5) Carbone 36-1
6) Cardinale 99-1
7) Catching Freedom 28-1
8) Change of Command 83-1
9) Conquest Warrior 18-1
10) Deterministic 99-1
11) Dornoch 15-1
12) Drum Roll Please SCRATCHED
13) El Capi 33-1
14) Ethan Energy 83-1
15) Fierceness 8-1
16) Forever Young 25-1
17) Honor Marie 25-1
18) Imperial Gun 80-1
19) Just Steel 99-1
20) Knightsbridge 26-1
21) Lat Long 99-1
22) Liberal Arts 72-1
23) Locked 18-1
24) Merit 99-1
25) Nash 35-1
26) Otello 59-1
27) Otto the Conqueror 91-1
28) Parchment Party 51-1
29) Real Men Violin 99-1
30) Resilience 93-1
31) Sierra Leone 13-1
32) Snead 69-1
33) Stretch Ride 95-1
34) Stronghold 99-1
35) The Wine Steward 77-1
36) Timberlake 35-1
37) Time for Truth 93-1
38) Track Phantom 18-1
39) Tuscan Sky 22-1
40) All Other 3-Year-Olds 2-1

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 2

The second Kentucky Derby Future Wager pool opened on Thursday November 23, 2023 and closed on Sunday November 26, 2023.

As expected the field wager of "All Other Colts and Geldings" closed as the 6-5 favorite in Pool 2 of the Kentucky Derby Future Wager.

The stand-alone horse that received attention was Fierceness, who closed at 8-1 odds. Fierceness captured the 2023 Breeders' Cup Juvenile and is currently the top choice to win the 2024 Kentucky Derby.

Fierceness dominates Breeders' Cup Juvenile

Listed below are the closing odds on all of the 40 choices for Pool 2 of the 2024 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Awesome Road 53-1
2) Bentornato 43-1
3) Bergen 77-1
4) Billal 99-1
5) Booth 53-1
6) Carbone 49-1
7) Catching Freedom 52-1
8) Copper Tax 99-1
9) Dancing Groom 99-1
10) Domestic Product 99-1
11) Dornoch 19-1
12) Drum Roll Please 99-1
13) Fierceness 8-1
14) Glengarry 99-1
15) Informed Patriot 99-1
16) Kitty Hawk 92-1
17) Knightsbridge 19-1
18) Liberal Arts 46-1
19) Lightline 99-1
20) Locked 14-1
21) Merit 99-1
22) Moonlight 87-1
23) Mystik Dan 99-1
24) Nash 18-1
25) Nutella Fella 93-1
26) Otto the Conqueror 92-1
27) Parchment Party 35-1
28) Private Desire 99-1
29) Real Men Violin 99-1
30) Risk It 65-1
31) Sierra Leone 36-1
32) Stolen Magic 99-1
33) Stretch Ride 59-1
34) Stronghold 99-1
35) The Wine Steward 50-1
36) Timberlake 27-1
37) West Saratoga 99-1
38) Where’s Chris 48-1
39) All Other 3-Year-Old Fillies 64-1
40) All Other 3-Year-Old Colts & Geldings 6-5

2024 KENTUCKY DERBY ODDS FUTURE WAGER - POOL 1

The first Kentucky Derby Future Wager pool opened on Tuesday October 31, 2023 and closed on November 2, 2023. This pool took place in advance of the 2023 Breeders' Cup and allowed bettors the opportunity to wager on potential contenders to win the 2024 Kentucky Derby.

As expected the field wager of "All Other Colts and Geldings" closed as the 4-5 favorite in Pool 1 of the Kentucky Derby Future Wager.

The stand-alone horse that received attention was Locked, who closed at 14-1 odds.

Listed below are the closing odds on all of the 40 choices for Pool 1 of the 2024 Kentucky Derby Future Wager.

Number-Entry-Odds

1) Agate Road 49-1
2) Agoo 152-1
3) Air of Defiance 33-1
4) Balta 194-1
5) Be You 63-1
6) Bentornato 32-1
7) Bergen 75-1
8) Billal 111-1
9) Booth 52-1
10) Catching Freedom 49-1
11) Dancing Groom 135-1
12) Domestic Product 79-1
13) Dornoch 19-1
14) Drum Roll Please 88-1
15) Fierceness 29-1
16) General Partner 58-1
17) Generous Tipper 111-1
18) Glengarry 71-1
19) Informed Patriot 158-1
20) Liberal Arts 51-1
21) Lightline 133-1
22) Locked 14-1
23) Moonlight 96-1
24) Nash 68-1
25) Normandy Hero 145-1
26) Otto the Conqueror 100-1
27) Noted 31-1
28) Nutella Fella 52-1
29) Private Desire 109-1
30) Raging Torrent 206-1
31) Risk It 76-1
32) Rocketeer 58-1
33) Seize the Grey 37-1
34) Stretch Ride 55-1
35) Stronghold 101-1
36) The Wine Steward 40-1
37) Timberlake 20-1
38) West Saratoga 108-1
39) All Other Fillies 61-1
40) All Other Colts and Geldings 4-5

HOW TO PLACE 2024 KENTUCKY DERBY FUTURE WAGERS

The Kentucky Derby Future Wager Pools was once again offered to bettors for the 150th 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 2024 Kentucky Derby Future Wager Pools and "Closing Odds" are listed below:

KENTUCKY DERBY POOL DATES

  • Pool 1 - Oct 31-Nov. 2, 2023
  • Pool 2 - Nov. 23-26, 2023
  • Pool 3 - Jan. 19-21, 2024
  • Pool 4 - Feb. 16-18, 2024
  • Pool 5 - Mar. 15-Mar. 17, 2024
  • Pool 6 - Apr. 4-Apr. 6, 2024

The lone Kentucky Oaks Future Pool will take place during Pool 5 of the Kentucky Derby, which is scheduled from Mar. 15-17, 2024. Use our TwinSpires promo code to get bonus bets when you place your wager!

149TH KENTUCKY DERBY BETTING RESULTS

Javier Castellano celebrates atop Mage #8, after winning the 2023 Kentucky Derby. (Getty)

Mage, a 15-1 betting choice, captured the 2023 Kentucky Derby on Saturday May 6 from Churchill Downs in Louisville, Kentucky.

The colt found his way on the outside and ran past Two Phil's while also holding off Angel of Empire.

Jockey Javier Castellano earned the win for Mage while trainer Gustavo Delgado captured his fourth Triple Crown victory.

Mage paid $32.42 to win as the horse finished the race with a time of 2:01:57 and the victory was by one length.

2023 Kentucky Derby Results

(Win-Place-Show)
1) 8 Mage ($32.42, $14.58, $9.08)
2) 3 Two Phil's ($10.44, $6.52)
3) 14 Angel of Empire ($4.70)

2023 Kentucky Derby Payouts

The Total Win Pool on the 2023 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:

$2.00 Exacta (8-3) Paid: $330.44
$.50 Trifecta (8-3-14) Paid: $491.18
$1.00 Superfecta (8-3-14-11) Paid: $15,643.65

2023 Kentucky Derby Finish Order

Finish (Post - Odds)

  1. (8) Mage (15-1)
  2. (3) Two Phil’s (9-1)
  3. (14) Angel of Empire (7-2)
  4. (11) Disarm (26-1)
  5. (1) Hit Show (24-1)
  6. (17) Derma Sotogake (8-1)
  7. (5) Tapit Trice (9-2)
  8. (16) Raise Cain (32-1)
  9. (18) Rocket Can (27-1)
  10. (4) Confidence Game (20-1)
  11. (13) Sun Thunder (32-1)
  12. (22) Mandarin Hero (18-1)
  13. (7) Reincarnate (14-1)
  14. (6) Kingsbarns (11-1)
  15. (23) King Russell (31-1)
  16. (2) Verifying (14-1)
  17. (12) Jace’s Road (32-1)
  18. (21) Cyclone Mischief (28-1)

149TH KENTUCKY OAKS BETTING RESULTS

Pretty Mischievous captured the 2023 Kentucky Oaks on Friday May 5 as jockey Tyler Gaffalione steered the 3-year-old filly to victory for trainer Brendan Walsh.

Pretty Mischievous closed as a 10/1 betting choice and bettors backing the filly scored some big payouts.

2023 Kentucky Oaks Payouts

(Win-Place-Show)
1) 14 Pretty Mischievous ($22.74, $10.10, $7.40)
2) 3 Gambling Girl ($12.84, $8.36)
3) 2 The Alys Look ($13.80)

$2.00 Exacta: $403.14 (14-3)
$0.50 Trifecta: $1,997.14 (14-3-2)
$1.00 Superfecta: $15,391.09 (14-3-2-7)

2024 Kentucky Derby Contenders

The Kentucky Derby field can only consist of 20 horses and they must qualify to enter. That process is now known as the "Road to the Kentucky Derby" and horses compete in set races to win points for qualification.

2024 Kentucky Derby Prep Results

Listed below are the 2023 Kentucky Derby Contenders and their ranking with points earned throughout the prep season.

150th Kentucky Derby Rankings

Rank-Horse (Points)

Check back soon as rankings will be available for the 2024 Kentucky Derby.

KENTUCKY DERBY ONLINE BETTING 2024

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.

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)

2023 - Mage
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

Mage, a 15-1 betting choice, captured the 2023 Kentucky Derby

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 2024 KENTUCKY DERBY

A FEW WORDS ABOUT KENTUCKY DERBY ONLINE BETTING 

When it comes to the 2024 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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