{"id":692,"date":"2022-11-02T08:41:57","date_gmt":"2022-11-02T07:41:57","guid":{"rendered":"https:\/\/bestbettingcasinos.com\/us\/guides\/kentucky-derby-odds\/"},"modified":"2025-01-06T11:03:33","modified_gmt":"2025-01-06T11:03:33","slug":"kentucky-derby-odds","status":"publish","type":"post","link":"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/horse-racing-betting-sites\/kentucky-derby-odds\/","title":{"rendered":"Kentucky Derby Odds &#8211; Your Comprehensive Guide"},"content":{"rendered":"<p>New to <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/horse-racing-betting-sites\/\">betting on horse racing<\/a> and wondering about the <strong>Kentucky Derby odds<\/strong>? Fear not! This guide is designed to answer all of your questions about betting on the \u201cRun for the Roses\u201d.<\/p>\n<p>We\u2019ll discuss the various lines available, as well as how to make sense of the Kentucky Derby odds themselves. In addition, we\u2019ll share some betting tips, discuss the various big race bonuses available and help you to understand your payouts.<\/p>\n<p>But first, let\u2019s talk about the best horse racing betting sites in the USA that offer Kentucky Derby Odds!<\/p>\n<h2 id=\"best-us-sportsbooks-for-kentucky-derby-odds-in-tm_date-defaulty\">Best US Sportsbooks for Kentucky Derby Odds in &q000000202531;2025&q000000202531;<\/h2>\n<p>The Churchill Downs showpiece is <strong>one of the world\u2019s most famous horse races<\/strong>. So it stands to reason that almost every online racebook offers odds for the Kentucky Derby. However, not all betting sites were created equally.<\/p>\n<p>Our expert panel scours the internet looking for the very best sites at which to bet on horses. We check for proper licensing, generous bonuses, professional customer support and secure banking methods. In fact, we test betting sites against dozens of different criteria before we recommend them to our readers.<\/p>\n<p>Here\u2019s the current verdict when it comes to <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/\">top US betting sites<\/a> for Kentucky Derby odds.<\/p>\n<\/p>\n<p>\n  <div class=\"toplist-wrapper\">\n\n  \n    <!-- Toplist Item -->\n    <div class=\"toplist has-badge bg-white px-2 py-3 p-lg-3 rounded-4 position-relative\">\n              <div class=\"featured-badge\">\n          <span class=\"ribbon-1\">Code: BBCSUSA<\/span>        <\/div>\n            <div class=\"toplist-brand d-flex align-items-center\">\n        <div class=\"toplist-brand__logo d-flex gap-2 align-items-center\">\n          <img decoding=\"async\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/betmgm-casino-new-jersey.png\" alt=\"BetMGM-Sportsbook\">\n          <div class=\"brand-name\">BetMGM<\/div>\n        <\/div>\n        <div class=\"toplist-brand__rating\">\n      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href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/borgata-sportsbook-review\/\" class=\"btn review-btn\">Borgata review<\/a>\n          <\/div>\n        <\/div>\n      <\/div>\n          <\/div>\n    <!-- End Toplist Item -->\n\n\n  <\/div>\n\n  <\/p>\n<p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<h2 id=\"how-to-read-the-kentucky-derby-odds\">How to Read the Kentucky Derby Odds<\/h2>\n<p>Okay, now that you\u2019re up to speed on the top places at which to bet, it\u2019s time to get into the details. After all, you can\u2019t actually bet on the big race until you understand how to read the Kentucky Derby odds!<\/p>\n<p>First of all, there are several different markets available on which to bet. We\u2019ll talk more about these later in this guide. But let\u2019s assume you\u2019re simply trying to back the winner of the race. In that case, the majority of the Kentucky Derby odds are going to be displayed as positive numbers.<\/p>\n<p>Where that is the case, the odds value represents your profit if you were to wager exactly $100 and win. So odds of +550 means that a $100 stake returns a total of $650. That\u2019s because your stake is also returned with a winning bet.<\/p>\n<p>Sometimes, one horse will be extremely well fancied to win the race. In that situation, the odds might be negative. In such examples, the number is what you must stake in order to make a profit of exactly $100. Take odds of -175, for example. Here, a bet of $175 returns a total of $275. That\u2019s a $100 profit on top of the winning $175 wager.<\/p>\n<h3>Different Odds Formats<\/h3>\n<p>The above Kentucky Derby odds examples were laid out using the classic American format. Most online betting sites in the United States adopt this as standard. But the Run for the Roses is popular with bettors all over the world. So you might just as easily see the odds displayed in several international formats.<\/p>\n<p>In Europe, they tend to favour the decimal system. This actually offers many advantages, particularly when calculating your returns on parlays. In the UK, a fractional system has always been used in the \u201csport of kings\u201d, dating back hundreds of years. While across Asia, they too adopt different systems, as seen in the table below. <a href=\"https:\/\/bestbettingcasinos.com\/us\/guides\/how-do-betting-odds-work\/\">On this page you can learn more about how betting odds work around the world.<\/a><\/p>\n<div id=\"438\" class=\"sc_table sc_table_style_regular\"><\/div>\n<h2 id=\"how-are-the-kentucky-derby-odds-compiled\">How are the Kentucky Derby Odds Compiled?<\/h2>\n<p>Throughout the season, all potential contenders for the big race compete in a series of other contests. This is known as the \u201cRoad to the Kentucky Derby\u201d. A horse\u2019s performance in these qualifying races eventually determines whether or not they will be eligible to run in the main event.<\/p>\n<p>However, these races also provide insights into the horse\u2019s abilities, which bookmakers will observe. All racebooks employ a team of experienced compilers who are experts when it comes to understanding horses and form. They watch footage of the previous races to help shape their opinion on the most likely winner. And with the help of modeling tools and algorithms, they\u2019ll convert their own estimated probabilities into odds.<\/p>\n<p>Once they are happy with their prices, they\u2019ll start to accept small bets. If the public feels that the compilers have got any odds wrong, then naturally the money will flood in for the overpriced horse. At that point, the bookmaker will realize their error and trim the price accordingly. The odds of other horses will be lengthened as a result.<\/p>\n<h3>Understanding Kentucky Derby Payouts<\/h3>\n<p>So far, we\u2019ve only focused on fixed odds betting, as seen at the country\u2019s top online racebooks. But If you\u2019re lucky enough to attend Churchill Downs on the big day, you won\u2019t see odds like this. That\u2019s because, like most horse racing venues in the country, they only operate betting pools. This is called \u201cpari-mutuel\u201d betting.<\/p>\n<p>Essentially, all of the bets placed on a specific market are grouped together. So if you bet on the race winner, your stake enters that specific pot. But if you also bet on the Show market, there\u2019s an entirely different pool of money. At the end of the race, everyone with a winning ticket claims an equal share of the prize fund. The result is announced in the form of a dividend, which will look like the table below.<\/p>\n<div id=\"444\" class=\"sc_table sc_table_style_regular\"><\/div>\n<p>These are real dividends taken from the final 2008 Kentucky Derby odds. They are declared to a $2 unit stake. This means if you bet exactly $2 on any of these horses, your returns are shown in the table. So a $2 bet on Denis of Cork to Show returned exactly $11.60.<\/p>\n<p>Every single bet will have its own dividend, including the more exotic wagers like Superfecta or Trifecta. We\u2019ll cover these bet types shortly.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-601239 size-full\" title=\"Understanding Kentucky Derby Payouts\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/kentucky-derby-odds.jpg\" alt=\"Understanding Kentucky Derby Payouts\" width=\"900\" height=\"600\" \/><\/p>\n<h2 id=\"popular-kentucky-derby-odds-and-markets\">Popular Kentucky Derby Odds and Markets<\/h2>\n<p>Now that we understand a little more about the mechanics of the Kentucky Derby odds, let\u2019s learn what odds are actually available. Below we\u2019ll talk about the most common markets on offer if you\u2019re looking to bet on the country\u2019s most famous horse racing event.<\/p>\n<h3>To Win<\/h3>\n<p>Perhaps this goes without saying, but the most popular form of Kentucky Derby betting is the race winner market. All you\u2019re required to do is to guess which creature will cross the line in first position.<\/p>\n<p>As we explained previously, if you\u2019re betting at the track there will be no fixed odds, but a dividend instead. However, when betting at America\u2019s best online racebooks, you\u2019ll see a selection of Kentucky Derby odds for this market.<\/p>\n<p><strong>Example: <\/strong>California Chrome to win @ +200<\/p>\n<h3>To Place<\/h3>\n<p>The term \u201cPlace\u201d means finishing either first or second. Since you\u2019ll effectively have two chances to win, the odds are going to be somewhat smaller than the main race winner market. But it&#8217;s a particularly good way to bet if your horse is not the favorite.<\/p>\n<p><strong>Example: <\/strong>Animal Kingdom to place @ +350<\/p>\n<h3>To Show<\/h3>\n<p>If \u201cPlace\u201d refers to a front two finish, then \u201cShow\u201d is just an extension of the same idea. Here, your horse can finish anywhere in the front three for your bet to be successful. Much like the Place market, these particular Kentucky Derby odds are going to be greatly reduced, since your chances of winning are improved. But if your pick is something of an outsider, this can be a smarter way to play.<\/p>\n<p><strong>Example: <\/strong>Authentic to place @ -250<\/p>\n<h3>Exacta<\/h3>\n<p>There\u2019s more to the Kentucky Derby odds than simply predicting the finishing position of a single horse. A popular variation is to try and guess which two horses will finish first and second, in exactly that order. This is called an \u201cExacta\u201d in the USA, but it goes by other names around the world, such as \u201cForecast\u201d in the UK.<\/p>\n<p>Some betting websites will give you a fixed price for an Exacta. But more often than not it\u2019s a pool bet, whether you\u2019re betting on track or online.<\/p>\n<p><strong>Example: <\/strong>6+3 (Horse number 6 to beat number 3)<\/p>\n<h3>Quinella<\/h3>\n<p>Imagine placing an Exacta and you correctly predicted the two horses, but in the wrong order. That would be agonizing, right? That\u2019s why many Kentucky Derby bettors favor the slightly reduced odds of a Quinella. Because it effectively serves as two Exacta bets, covering you in either event.<\/p>\n<p><strong>Example: <\/strong>9+1 (9 to beat 1 or 1 to beat 9)<\/p>\n<h3>Trifecta<\/h3>\n<p>No guide to Kentucky Derby odds would be complete without a mention of the popular Trifecta bet. Here, the job is to identify the first three beasts to pass the post, in the exact finishing order. An extremely difficult task, this pool bet attracts players due to the potentially lucrative returns.<\/p>\n<p>To make life a little easier, it\u2019s also possible to \u201cbox\u201d your picks. This is effectively placing six different Trifecta bets on all of the possible combinations. So naturally, you\u2019ll pay six times the stake.<\/p>\n<p><strong>Example: <\/strong>8-2-13 (If boxed: 8-2-13, 8-13-2, 13-2-8, 13-8-2, 2-8-13, 2-13-8)<\/p>\n<h3>Superfecta<\/h3>\n<p>A step up in difficulty, and therefore potential rewards, the Superfecta is won by naming all of the front four Kentucky Derby finishers, in order. This bet costs just $0.10 to play and many bettors box their picks with dozens of different permutations, to try and land a big payday.<\/p>\n<p><strong>Example: <\/strong>11-3-6-12<\/p>\n<h3>Super Hi-Five<\/h3>\n<p>Have you worked out where this is going already? If a Trifecta is the first three horses and a Superfecta is four, then naturally this wager must be the front five. It\u2019s extraordinarily difficult to win a Super Hi-Five bet, so the payouts can be massive. In the 2021 Kentucky Derby, the winning dividend was only slightly short of $300,000 for just a $1 bet.<\/p>\n<p><strong>Example: <\/strong>2-7-12-1-5<\/p>\n<h3>Futures<\/h3>\n<p>The big race is always held on the first Saturday in May. But if you\u2019re looking for Kentucky Derby odds ahead of time, you\u2019ll need the futures market. Bookmakers will usually accept bets on the race at any time of year.<\/p>\n<p>The further away from the day of the race, the harder it is to pick the winner. We don\u2019t yet know the final lineup, the jockeys, or whether a horse will be fit on the day. There\u2019s a whole host of key variables which remain unknown. As a result, futures odds tend to be much bigger.<\/p>\n<h2 id=\"kentucky-derby-odds-on-mobile\">Kentucky Derby Odds on Mobile<\/h2>\n<p>Betting apps are an essential part of the modern day racebook. Bookmakers know that their customers demand convenience. And since we all carry a smartphone these days, it\u2019s to be expected that we might want to bet using such devices.<\/p>\n<p>Many of the top US sites offer horse racing <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/best-sports-betting-apps-usa\/\">betting apps<\/a>, for the most popular tablet and mobile devices. It might be Android, iOS or even Windows, but whatever it is, it\u2019ll be perfectly optimized. This ensures the slickest possible experience on your mobile.<\/p>\n<p>Live odds refresh smoothly, pages load quickly and graphics display in the correct resolution. You\u2019ll save on mobile data usage when not connected to Wi-Fi and you\u2019ll not need to mess around with fiddly login details each time you want to bet.<\/p>\n<p>But if you\u2019re not a fan of betting apps when searching for the latest Kentucky Derby odds, it\u2019s not a problem. Almost every betting company in the US now adopts a \u201cmobile first\u201d approach to their website. So you can simply open your favorite browser and visit the desktop site on your phone. It will display perfectly, despite the smaller screen, and you\u2019ll be able to find everything you\u2019d expect from the desktop site.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-582306 size-full\" title=\"Kentucky Derby Odds on Mobile\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/betmgm-sportsbook-app.jpg\" alt=\"Kentucky Derby Odds on Mobile\" width=\"932\" height=\"650\" \/><\/p>\n<h3>Live Streaming<\/h3>\n<p>Many of the best mobile betting sites for horse racing also offer a live streaming service. So not only can you find competitive Kentucky Derby odds at the swipe of a finger, but you can watch the race too. It\u2019s extremely convenient, while potentially saving money on subscription services and making it easier to bet in-running.<\/p>\n<h2 id=\"kentucky-derby-bonuses-and-promotions\">Kentucky Derby Bonuses and Promotions<\/h2>\n<p>The Run for the Roses is a huge sporting event, so you\u2019ll often find a lot of bookmakers running promotions centered on the race. Keep an eye open for some of the following Kentucky Derby betting bonuses and be sure to take advantage!<\/p>\n<h3>New Player Bonus<\/h3>\n<p>Gambling is a competitive space and betting sites are always trying to attract new players. It\u2019s common to reward new registrations with some kind of free bet or deposit offer. Usually, if you make a deposit for the first time, the bookies will match that amount in bonuses. These rewards can be greatly enhanced around the time of the Kentucky Derby.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-579253 size-full\" title=\"BetRivers New Player Bonus\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/betrivers-sportsbook-welcome-offer.jpg\" alt=\"BetRivers New Player Bonus\" width=\"932\" height=\"620\" \/><\/p>\n<h3>Odds Boost<\/h3>\n<p>If a bookmaker is good, their Kentucky Derby odds should be competitive enough anyway. But if you\u2019re lucky, you\u2019ll be able to take advantage of specially enhanced prices called Odds Boosts. These may be temporary, in a kind of \u201cHappy Hour\u201d situation. But other bookmakers allow you to improve certain odds of your own choosing.<\/p>\n<h3>Cashback Deals<\/h3>\n<p>It\u2019s increasingly common for betting sites to refund a small percentage of any losses, to encourage players to stick around. If they have a loyalty program, the cashback rebate tends to increase in value the higher you climb through the ranks. Naturally, if you win during the cashback period, you won\u2019t receive anything extra!<\/p>\n<h3>Risk-Free Bets<\/h3>\n<p>You can qualify for risk-free bets in several ways. Sometimes used as a signup incentive, they are also issued by some betting sites as a form of loyalty reward. However you acquire one, they all work in a similar way. Place a real money bet and if it loses, you\u2019ll get a refund as a consolation prize.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-587605 size-full\" title=\"Caesars $1,250 Risk-Free Bet\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/caesars-sportsbook-bonus.jpg\" alt=\"Caesars $1,250 Risk-Free Bet\" width=\"932\" height=\"400\" \/><\/p>\n<h2 id=\"odds-of-previous-kentucky-derby-winners\">Odds of Previous Kentucky Derby Winners<\/h2>\n<p>This famous race was first run in 1875 and is dripping with history. Superstars like Justify have found success in the race in recent times. But the full list of winners reads like a \u201cWho\u2019s Who?\u201d of racing. Secretariat, Gallant Fox and American Pharoah are just a few notable horses, never mind the legendary trainers and jockeys.<\/p>\n<p>Below you\u2019ll find the last ten winners of the Churchill Downs showpiece, along with the winning Kentucky Derby odds.<\/p>\n<div id=\"601237\" class=\"sc_table sc_table_style_regular\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New to betting on horse racing and wondering about the Kentucky Derby odds? Fear not! This guide is designed to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,34,72,62],"tags":[],"class_list":["post-692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides","category-horse-racing","category-horse-racing-betting-sites","category-sportsbooks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kentucky Derby Odds 2025 - Your Comprehensive Guide<\/title>\n<meta name=\"description\" content=\"New to horse racing and wondering about the Kentucky Derby odds? Fear not! 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