In this complete Kentucky Derby betting guide, we look at the top racebooks and sites for wagering on the run for the roses. This is the USA’s most famous thoroughbred horse race, so get the lowdown on the Churchill Downs centerpiece in Louisville, KY.
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Best Kentucky Derby Betting Sites
When it comes to Kentucky Derby 2023 betting, these are the top 10 offshore sites for wagering on the big race:
- BetOnline – $25 risk free bet for first horse wager
- XBet – Fixed odds and pari-mutuel betting from Churchill Downs
- MyBookie – Big $500 reload bonus for bettors
- BetUS – Triple Crown specials on offer
- Jazz – Daily horse racing rebate up to 10%
- Bovada – Request betting on Kentucky Derby
- BUSR – $150 Racebook bonus available
- Sportsbetting.ag – Horse racing free play for Kentucky Derby betting
- BetAnySports – Cash rebates and props builder
- GTBets – Horse racing rebate of 10% on net losses
- BetNow – $30,000 max Kentucky Derby betting payouts
Reviews of Racebooks & Sites for Betting on Kentucky Derby
We review six of the best Kentucky Derby betting sites below, so you know what’s so great about them:
BetOnline – Top Site for Kentucky Derby Online Betting
A 9% max horse racing rebate on net losses from racetracks including Churchill Downs at BetOnline will interest Kentucky Derby bettors. This is one cryptocurrency friendly site too. Another deal that appeals is a $25 risk-free horse racing free play offer with no BetOnline promo code needed to unlock it. New players get a 50% up to $1,000 first deposit sign-up bonus with 10x rollover requirements attached.
Like other top Kentucky Derby betting sites, they offer futures odds for the run for the roses, key trials and the Kentucky Oaks. With good customer support available 24/7 and a Racebook covering pari-mutuel wagers on thoroughbred and harness racing across America and the world, you can see why BetOnline is number one with us. They are top dogs for horse racing betting on the Kentucky Derby here.
What we like:
- 9% horse racing rebate deal
- $25 risk-free play for first Racebook bet
- 24/7 customer support on hand
- Accepts lots of cryptocurrencies
- Kentucky Derby future odds
What we don’t:
- Only fixed odds bets in advance
- 10x rollover requirements for bonus
Xbet – Pari-Mutuel & Fixed Betting Odds for Kentucky Derby
Next on the list of Kentucky Derby betting sites is Xbet. There are futures odds for the trials and big race, plus the Kentucky Oaks. Watch out for daily pari-mutuel markets on thoroughbred and harness races from around the USA and globe too. You can use an Xbet promo code to get various sign-up and reload bonuses on site.
Again, there are rollover requirements that come with the territory. Get up to 7% on net losses back as a horse racing rebate on Churchill Downs and other tracks. Some competitors return more, though. Customer support could go a bit further on Xbet as well. The Help Center lacks Live Chat right now.
What we like:
- $250 reload bonus on offer
- 7% horse racing rebate deal
- Trials & Kentucky Derby futures betting
- Visit Help Center for FAQs & answers
- Some cryptocurrencies accepted
What we don’t:
- Live Chat missing from customer support
- Bonuses have big rollover requirements
MyBookie – Big Reload Bonus for Betting the Kentucky Derby
The Kentucky Derby horse betting at MyBookie includes futures odds for the key trials and main event itself. Supporting that is daily pari-mutuel markets from all the thoroughbred and harness racing action from the USA and beyond. On top of an 8% horse racing rebate deal, there are sign up and reload bonus deals each with its own MyBookie promo code for new and existing bettors.
These have the customary rollover requirements that you should know about. Although MyBookie has a Help Center, customer support doesn’t extend to Live Chat. Some cryptocurrencies are accepted payment options on this site but the range isn’t quite so extensive as competitors.
What we like:
- $500 reload bonus for all bettors
- Kentucky Derby futures betting
- 8% horse racing rebate on offer
- Get FAQs answered in Help Center
- Some cryptocurrencies accepted
What we don’t:
- Pari-mutuel betting for daily races only
- Bonuses come with rollover requirements
BetUS – Saturday Stakes Money Back Kentucky Derby Betting Promo
At BetUS, they offer a Saturday Stakes Money Back promo on selected feature races from across America. You can bet your bottom dollar that this includes Kentucky Derby betting as all the key trials feature and they take place on that day of the week. If the horse you bet on finishes second in these races, then get your stake rebated up to $10.
Unlike other offers, there’s no BetUS promo code required to unlock this deal. It’s automatic and could insure your Kentucky Derby 2023 betting pick from the disappointment of defeat. BetUS offers Triple Crown horse racing specials too. Customer support options include Live Chat and FAQs with a standard range of payments for funding your betting available.
What we like:
- Saturday Stakes Money Back promo
- Card & crypto bonuses available
- US Triple Crown specials on offer
- Futures betting for Kentucky Derby
- Wager on all key Derby trials
What we don’t:
- Rollover requirements for bonuses
- Few cryptocurrencies accepted
Bovada – Request Betting Props for Kentucky Derby
At Bovada, you can bet the Kentucky Derby on request alongside the usual fixed odds futures market. They also offer betting ahead of time on the Kentucky Oaks, plus key trials for the Churchill Downs showpiece. While their up to 5% horse racing rebate deal is smaller than competitors, there’s a good range of welcome bonuses. Each needs a Bovada promo code to get your hands on, so don’t forget about it.
There are of course rollover requirements for all their sign up offers. Bovada are also great if you want to wager on the Kentucky Derby with Bitcoin. Their Help Center contains lots of FAQs, so you can find answers yourself. It’s also easy to access the Bovada Community where bettors and players help each other. There’s no Live Chat or hotline to phone, however.
What we like:
- Request wagers for the Kentucky Derby
- Props and futures betting on offer
- Answers to FAQs in Help Center
- Plenty of Bitcoin sign up bonuses
- Good daily racing range
What we don’t:
- Only 5% horse racing rebate
- Live Chat missing from customer support
BUSR – $150 Racebook Bonus & Kentucky Derby Betting Lines
Don’t be fooled by the rather basic layout of BUSR. On top of futures betting on the Kentucky Derby and Oaks, there are daily markets on the horses running all over the USA and beyond making it one of the best places for horse racing betting. While other sign-up bonus deals need a BUSR promo code to unlock them, the dedicated $150 racebook offer for new players is very interesting. Deposit at least $100 and wager $500 cumulatively within 30 days of registration to get it.
BUSR even extends their racebook bonus to BetAmerica, TVG, TwinSpires and XpressBet bettors too. This applies to online wagers only and there’s a 1x rollover requirement to make awarded funds free to withdraw. It’s a really cool offer that bettors should consider for a major meet like the Kentucky Derby.
There’s an 8% horse racing rebate promo on Churchill Downs exotic wagers. The refund is 3% on straight bets. Elsewhere, BUSR has a great range of customer support with Live Chat, a helpline, FAQs and contact form all options in their Help Center. Some cryptocurrencies like Bitcoin are included in the payment methods available here too.
What we like:
- Specific $150 racebook bonus
- Up to 8% horse racing rebate
- Futures odds for the Kentucky Derby
- Strong customer support available
- Some cryptocurrencies accepted
What we don’t:
- No Triple Crown specials
- Pari-mutuel betting on day
Latest Horse Racing News & Tips
Betting on the Kentucky Derby – Markets & Wagers
There are two main types of Kentucky Derby betting odds and markets. There are bets you can have ahead of time on the big race, called futures odds. Secondly, there is pari-mutuel betting available on the day and part of the World Pool of money gambled.
Kentucky Derby Future Odds
Future or futures odds are available on big races like the Kentucky Derby or Breeders’ Cup months before. Some of the recognized trials shape this market. Kentucky Derby betting odds here are expressed in the traditional American format. Be warned. With Kentucky Derby future odds, you aren’t guaranteed a run for your money.
Pari-Mutuel Betting on the Kentucky Derby
With pari-mutuel Kentucky Derby betting online, you pick the horse(s) you like without taking a price. The returned dividends depend on how popular picks are within the total pool of money. You don’t know the Kentucky Derby betting payouts in advance. Pari-mutuel bets are either Straight wagers or Exotic bets.
Straight Wagers
If you want to keep things simple, then Straight wagers are the way to go. These all involve picking one horse and how it performs in a race like the Kentucky Derby. These are the three Straight pari-mutuel betting options:
- Win – Simple Win bets are exactly that. This is betting in its purest form. The wager is for the horse you pick to finish first.
- Place – Place bets cover first and second place. It doesn’t matter where the horse comes along as it’s in the first two past the post.
- Show – Show wagers are first, second and third place. Again, the specific finishing spot isn’t important. If you pick is in the first three, then you’re a winner!
Exotic Wagers
The Exotic wagers, meanwhile, are more complicated. With these, you pick two or more horses in the same race. There is often a set finishing order to these Exotic bets, so picks are harder to make. These are the five types of wager:
- Exacta – An Exacta is where you wager on two horses to finish first and second in a set order. The bet only pays out if your picks come past the post that way round.
- Quinella – The Quinella, meanwhile, covered two horses to finish first and second in any order. Your unit stake doubles to cover both possible outcomes.
- Trifecta – A Kentucky Derby betting trifecta sees you pick three horses to finish first, second and third in a specific order. Exotic bets with this many spots to fill are often boxed or wheeled.
- Superfecta – The Superfecta involves picking four horses to finish first, second, third and fourth in a set order. There is only one harder Exotic wager for bettors to pull off…
- Super Hi-Five – A Super Hi-Five is the ultimate challenge. Here, you must pick the horses that finish first, second, third, fourth and fifth in a given order. Expect huge Kentucky Derby betting payouts if you manage this.
Kentucky Derby Betting Promo & Bonus Deals
Your best bet for Kentucky Derby wagering is to take advantage of bonus deals offered. Some are for new players only, while other horse racing betting sites offers are open to everybody. Lookout for these five different types of Kentucky Derby betting promo before you wager on the big race:
Racebook Bonuses
When betting on Kentucky Derby markets, offshore sites will ideally offer you a Racebook bonus. Many of these platforms have a dedicated horse racing section away from their sportsbooks for pari-mutuel betting on harness and thoroughbred races. Of our top site, only BUSR provides a Racebook bonus for new players.
This is a $150 bonus unlocked when you deposit at least $100 after signing up and wagering $500 cumulatively on the horses within 30 days of registration. BUSR also have 1x rollover requirements, meaning you must play through the value of the bonus to make the funds withdrawable. This is much less demanding than other sportsbook or offshore casino sign-up bonus deals.
Free Play & Free Bets
A Free Play promo is exactly that. You wager without risking your cash balance when betting on Kentucky Derby markets. The best example of this deal is our number one site, Sportsbetting.ag. While the terms and conditions of this bonus say Kentucky Derby betting on the pari-mutuel Racebook markets isn’t covered, there is nothing to stop you wagering $25 on a horse running in one of the recognized trials.
Chances are your fancy for Churchill Downs will need to win en route to qualify. You can then reinvest the free play winnings, which don’t include the stake, on your pick for the big race. Any free bets are a free hit for you, so make it count. Make sure you claim the money back on your first Racebook bet on Sportsbetting.ag before the Kentucky Derby. This bonus has 6x rollover requirements attached to the Free Play.
Reload Bonuses
Whether you’re a new player or a long-time bettor, Reload bonuses give you plenty of Free Play. MyBookie, number two on our list of Kentucky Derby online betting sites, offer a 25% deal of this kind. There are 5x rollover requirements attached, but that’s not too bad compared to some other sportsbook, racebook and casino promos.
There’s a minimum deposit of $100 and the maximum Free Play awarded is $500. Only certain payment methods apply, so check with the Cashier before depositing. Reload bonuses make betting the Kentucky Derby easy, because again you aren’t risking the cash balance at first even though the bonus must be played through to be unlocked.
Horse Racing Rebates
Most Kentucky Derby betting sites offer a horse racing rebate deal with Churchill Downs classified as a category A racetrack. This reflects the status of the home of America’s most famous thoroughbred horse race. The table below details the percentage rebate offered for both Exotic bets and Straight wagers at Churchill Downs from our top four racebooks:
Kentucky Derby Betting Sites Churchill Downs Exotic Bets Rebate Percentage Horse Racing Rebate Straight Bet Percentage Sportsbetting.ag 9% 4% BUSR 8% 3% MyBookie 8% 3% XBet 7% 3% In addition to these, BetUS has its Saturday Stakes Money Back promo. That refunds your stake up to $10 on selected Saturday stakes races like the Kentucky Derby and its trials. Of our top sites offering a generic horse racing rebate, Sportsbetting.ag provides the best percentage of losses back. This is 9% for Exotics and 4% for Straight bet. You don’t have to claim these back as the refund is automatic on a daily or weekly basis.
Triple Crown Specials
The Kentucky Derby is the first leg of the Triple Crown of Thorougbred Racing. Only 13 horses in history have gone on from Churchill Downs to follow-up in the Preakness Stakes at Pimlico in Baltimore, MD and then complete the hat-trick in the Belmont Stakes at Belmont Park just outside New York City. It’s a rare feat, then.
Sitting side by side with betting on the Kentucky Derby on some sites, there will also be a special futures market on the Triple Crown. Any named horse must win all three legs for this bet to payout. BetUS has such a market available with only two horses managing Triple Crown glory since 1978.
Kentucky Derby Betting Odds – The 2023 Favorites
We have the latest Kentucky Derby future odds for you below. In the weeks leading up to the Churchill Downs feature, expect prices to change as horses are scratched and miss out on the run for the roses. These odds are an indicator of who the Kentucky Derby 2023 early favorites are:
All prices quoted correct as of 09:00 EDT on Friday, May 5 2003.Horse BetOnline XBet MyBookie BetUS Bovada Forte +300 +250 +250 +250 +300 Tapit Trice +500 +450 +450 +450 +550 Angel Of Empire +800 +600 +600 +600 +600 Derma Sotogake +1000 +900 +900 +900 +1000 Kingsbarns +1200 +1000 +1000 +1000 +1200 Verifying +1500 +1600 +1600 +1600 +1800 Mage +1500 +1400 +1400 +1400 +1500 Two Phil’s +1200 +1600 +1600 +1400 +1200 Skinner +2000 +1400 +1400 +1400 +1400 Hit Show +3000 +2500 +2500 +2500 +3000 Confidence Game +2000 +2500 +2500 +2500 +2000 Disarm +3000 +2500 +2500 +2500 +3300 Reincarnate +5000 +2500 +3000 +3300 +3000 Rocket Can +3000 +2500 +2500 +2500 +3300 Mandarin Hero +2000 +2000 +2000 +1600 +1600 Cyclone Mischief +3000 +4000 +4000 +4000 +4000 King Russell +5000 +5000 +5000 +5000 +6600 Jace’s Road +5000 +3300 +3300 +3300 +5000 Raise Cain +5000 +6600 +6600 +6600 +5000 Sun Thunder +5000 +5000 +5000 +5000 +5000 Practical Move N/R N/R N/R N/R N/R Lord Miles N/R N/R N/R N/R N/R Continuar N/R N/R N/R N/R N/R Kentucky Derby Betting Results & Past Winners
You should know that past winners of the Kentucky Derby include amended results following appeals and objections. The horses first past the post in recent years, 2019 and 2021, were disqualified. Maximum Security caused interference running round a bend and Medina Spirit failed a drugs test.
In both cases, that led to the horse home in second promoted to the winner. You can see all of the Kentucky Derby betting results from the past decade in the table below. This includes the final odds winners were returned at. We also included the winning margin, narrow in some cases and decisive on other occasions:
Year Kentucky Derby Winner Trainer Jockey Winning Margin Final Odds 2022 Rich Strike Eric Reed Sonny Leon ¾ of a length 80.80 2021 Mandaloun Brad Cox Florent Geroux ½ a length 26.90 2020 Authentic Bob Baffert John Velazquez 1¼ lengths 8.40 2019 Country House William Mott Flavien Prat 1¾ lengths 65.20 2018 Justify Bob Baffert Mike Smith 2½ lengths 2.90 2017 Always Dreaming Todd Pletcher John Velazquez 2¾ lengths 4.70 2016 Nyquist Doug O’Neill Mario Gutierrez 1¼ lengths 2.30 2015 American Pharoah Bob Baffert Victor Espinoza 1 length 2.90 2014 California Chrome Art Sherman Victor Espinoza 1¾ lengths 2.50 2013 Orb Claude McGaughey III Joel Rosario 2½ lengths 5.40 2012 I’ll Have Another Doug O’Neill Mario Gutierrez 1½ lengths 15.30 Signing Up to Kentucky Derby Betting Sites
Just follow these steps for joining an offshore site and betting on the Kentucky Derby. It’s a simple process that we can guide you through:
Step 1 – Choose a Betting Site
All betting sites will have a Join button on them somewhere. Hit that and begin the sign-up process.
Step 2 – Set Up Account
Enter personal details like name, date of birth, email address, phone number and zip code. You will also need to create a password for your account.
Step 3 – Select a Payment Method
Choose from a number of options to fund your account and wagers. There should be a mix of traditional payment methods like MasterCard and Visa, and more digitally friendly eWallet services and cryptocurrencies like Bitcoin. Make a deposit.
Step 4 – Pick Your Bonus
There may be a number of sign-up offer deals available on the site. Some are cryptocurrency specific, while a few may even have dedicated Racebook promos for horse betting fans. Pick the one most compatible for Kentucky Derby betting, so avoid online casino bonuses.
Step 5 – Enter a Promo Code
Most sign up bonus deals need a promo code to unlock them. Enter this when asked for it and you get the deal you chose.
Step 6 – Visit the Racebook
All of the daily horse racing odds can be found in the Racebook. This is a dedicated platform separate from the rest of the Sportsbook that just focuses on horses.
Step 7 – Bet on Kentucky Derby
You will find pari-mutuel Kentucky Derby 2023 betting in the Racebook, while futures odds are often located on the Sportsbook. Whether you bet in advance or on the day of the big race, pick out the horse and add it to the betslip. Enter a stake, the amount wagered, and place the bet.
Kentucky Derby Betting Guide – Records & Statistics
Stats don’t guarantee you pick the winner but it’s better to know that info than ignore when betting on the Kentucky Derby. As this world-famous dirt race over 10 furlongs is only open to three-year-olds, horses can only win it once. That hasn’t stopped trainers and jockeys from multiple successes in the run for the roses, though:
- Winningest trainer: Bob Baffert & Ben Jones (6 times each)
- Winningest jockey: Eddie Arcaro & Bill Hartack (5 times each)
- Winning most active jockey: John Velazquez (3 times)
- Track record: Secretariat (1973), 1:59.4
- Biggest winning margin: Old Rosebud (1914), Johnstown (1939), Whirlaway (1941), Assault (1946), eight lengths each
It is also worth knowing that the first horses past the post in the Kentucky Derby in both 2021 and 2019 were disqualified. Offshore betting sites and racebooks should honor bets based on what they call the Double Result. This guarantees you Kentucky Derby betting payouts on both first past the post and any amended results following appeals.
Kentucky Derby Betting – Trials to Follow
Any useful Kentucky Derby betting guide will tell you there are key trials to follow en route to Churchill Downs. The system in America officially recognizes these with qualifying points awarded for wins, places and shows in these Derby prep races. It’s what they call the Road to the Kentucky Derby.
While that starts the previous fall in what they call the prep year or season, from February onwards there are these 15 races in particular to look at. The Kentucky Derby betting results could well be shaped by these events held away from Churchill Downs each and every spring:
Kentucky Derby Trial Winner Racetrack State Grade Distance When Risen Star Stakes Angel Of Empire Fair Grounds LA II 1m 1f February Rebel Stakes Confidence Game Oaklawn Park AR II 1m ½f February Gotham Stakes Raise Cain Aqueduct NY III 1m March San Felipe Stakes Practical Move Santa Anita Park CA II 1m ½f March Fountain Of Youth Stakes Forte Gulfstream Park FL II 1m ½f March Tampa Bay Derby Tapit Trice Tampa Bay Downs FL II 1m ½f March Louisiana Derby Kingsbarns Fair Grounds LA II 1m 1½f March Sunland Derby Wild On Ice Sunland Park NM III 1m 1f March Florida Derby Forte Gulfstream Park FL I 1m 1f April Jeff Ruby Steaks Two Phil’s Turfway Park KY III 1m 1f April Arkansas Derby Angel Of Empire Oaklawn Park AR I 1m 1f April Blue Grass Stakes Tapit Trice Keeneland KY I 1m 1f April Wood Memorial Stakes Lord Miles Aqueduct NY II 1m 1f April Santa Anita Derby Practical Move Santa Anita Park CA I 1m 1f April Lexington Stakes First Mission Keeneland KY III 1m 1f April Kentucky Derby Betting Apps
A top Kentucky Derby betting app lets you take your wagers with you. Mobile technology has developed so much in recent years that our smartphones and cell phones can access the internet. It doesn’t matter whether your device is powered by Android or Apple, there are Kentucky Derby betting apps available for both major providers.
Ultimate Kentucky Derby Betting Tips
Everyone loves helpful hints that make them better bettors, right? You can get that right here as our handicapping experts know a thing or two about Kentucky Derby betting strategy. Follow our top tips and you can at least make better choices and picks when wagering on the big race:
1. Look at Pro Picks
SportsLens aren’t the only site out there with expert handicappers on hand. Many are prepared to make an early call about who they think will win the Kentucky Derby this year. Consider these expert picks carefully and read their reasons for choosing that horse. You may not agree but there should at least be some logic in their conclusions.
2. Don’t Forget Place & Show Bets
Another of our top Kentucky Derby betting tips is to look beyond the Straight win market. In years where there is a hot favorite, most of the value in picking that horse has probably gone already. With pari-mutuel betting, you also have the Place and Show options plus the many Exotic wagers available.
Sometimes, there is greater value and more profit on the line with a horse making the Show than winning the race. If you can find the right longshot who outruns its odds and into the frame, then a placed or showing horse means as much if not more in dollars and cents as an outright victory at Churchill Downs.
3. Study Those Trials
Recognized Kentucky Derby trials keep the hype and interest going in the weeks leading up to the big race. Oddsmakers will adjust their futures odds for the run for the roses according to these results and past performances. Those bettors wanting to wager early may wish to look at the Kentucky Derby betting lines in anticipation of how these prep runs go.
Races like the Arkansas Derby, Florida Derby, Louisiana Derby and Santa Anita Derby have all produced subsequent winners at Churchill Downs in recent years. Pay close attention to that form when deciding on your picks for the big race.
4. Check Your Pedigrees
They call it thoroughbred horse racing, and that means there is plenty of info available about who these equine athletes are. It is perfectly good Kentucky Derby betting strategy to look at the pedigree of contenders. Find out if the sire and/or dam won any big horse races on dirt over 10 furlongs.
Is your pick related to other horses who have done well over the Kentucky Derby distance? As none of the trials are actually as far in length as the big race, the breeding of Churchill Downs hopefuls is one of the key clues to look into. It’s not just about speed with some stamina required to win.
5. Get a Bonus
As discussed above, there are plenty of promos and offers related to betting on Kentucky Derby markets. Whether you pick a Racebook specific promo or bet on futures odds through the Sportsbook, there are sign-up bonus deals available for new players. There are many offshore sites to choose from, so get involved with free play rather than risk your own cash balance.
The Last Word
SportsLens is your best bet for Kentucky Derby wagering, tips and info. We recommend SportsBetting.ag for those gambling on the run for the roses at Churchill Downs.
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Jamie Clark Senior Sports Editor
Jamie Clark Senior Sports Editor
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