Kentucky Derby Odds

There are few sporting events as iconic as the Kentucky Derby. Heralded as the “most exciting two minutes in sports,” the Run for the Roses has been held annually at Churchill Downs in Louisville, Kentucky every year since 1875. There are plenty of available Kentucky Derby odds at sportsbooks that cover the Kentucky Derby betting action.

The race is the centrepiece of a two-week-long festival that takes over the city of Louisville. Most years, the Kentucky Derby fills Churchill Downs to capacity each year at around 160,000 fans and attracts the largest crowd of all of the major North American horse races. Though, in 2021, it will allow 20,000-30,000 fans due to COVID-19 regulations.

The race itself is contested at the classic distance of a mile and a quarter and holds Grade 1 status and a purse of $3 million. Since the inaugural running in 1875, the Kentucky Derby has been held every year. It is restricted to three-year-old Thoroughbreds but both colts and fillies are eligible to compete, though a filly has only won the race three times throughout history.

Kentucky Derby 2021 Winner

Congratulations to Medina Spirit, who won the 2021 Kentucky Derby ahead of the favourite Essential Quality. 

Kentucky Derby Live Odds

The Kentucky Derby prep season is well underway, and sportsbooks are beginning to offer odds for the 2022 Kentucky Derby. These odds, for the most favoured contenders, were last updated on September 7, 2021: 

2022 Kentucky Derby Winners Odds bovada betonline gtbets
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Kentucky Derby Traditions

The Kentucky Derby is rich with tradition and pageantry. From the mint juleps to the stirring rendition of “My Old Kentucky Home” as the horses make their way on to the track, the Kentucky Derby is one of the oldest and most prestigious events in all of the sports.

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Kentucky Derby Betting Sites

If you can't make it to Churchill Downs to watch the Kentucky Derby, heading to an online racebook is the next best way of boosting the excitement of one of the most prestigious races in the world. Always take the time to compare the different types of promotions that racebooks offer before signing up. Wagering services provide different types of betting boons, such as deposit bonuses and wagering rebates that help raise the odds of winning. Some sites offer cashback options, and others will refund a win wager that finishes second.

Kentucky Derby Final Odds

Nearly $150 million is wagered on the Derby itself. It often has a full field of 20 horses in the gate, meaning there are plenty of wagering opportunities and chances for big payouts. The average Kentucky Derby superfecta since 2009 has been nearly $40,000, ranging from $542 in 2016 to over $550,000 in 2009.

Longshots regularly win the Derby, with Country House scoring at 65-1 in 2019, Animal Kingdom at 20 – 1 in 2011, and both Mine That Bird and Giacomo at 50 – 1 in 2009 and 2005. Before the current Road to the Kentucky Derby points system was installed by Churchill Downs in 2012, longshots won more regularly, but after the change, there have only been two winners who were not the wagering favorite.

52 of 146 Kentucky Derbies have been won by the favorite. Not a single favorite won the race from 1979 until 2000, then 10 favorites scored from 2001 until 2019.

Kentucky Oaks Odds

There is also a special wager, the Oaks/Derby Double, which offers betting on the Kentucky Derby’s sister race, the Kentucky Oaks, the day before in conjunction with the Derby itself. Bettors are asked to pick the winner of each race over the two days, before seeing how the track is playing on race day. It can be a lucrative bet if one or both winners are price plays.

See below the top sportsbooks where you can wager online and choose the best one for you:

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    Kentucky Derby Winners

    In 2015, American Pharoah ended the Triple Crown drought and became the first horse since Affirmed in 1978 to sweep the Kentucky Derby, Preakness, and Belmont Stakes. American's Pharoah's final Kentucky Derby odds were 5-2. His Triple Crown win followed a series of heartbreaking near misses, with California Chrome in 2014 winning the Derby and Preakness but fell short in the Belmont Stakes.

    Nyquist, the champion two-year-old in 2015, kept his undefeated streak intact and won the Kentucky Derby in 2016 only to falter in the Preakness. I’ll Have Another won the Derby and Preakness before being scratched out of the Belmont Stakes one day before his Triple Crown bid. Popular runners such as Silver Charm and Real Quiet won the first two legs then missed by inches in the final race.

    Three years after American Pharoah, Justify won the Triple Crown in 2018. Both horses were trained by Bob Baffert. While American Pharoah went on to win the Breeders’ Cup Classic, Justify was retired as the only Triple Crown winner to have a completely unbeaten career. Justify's Kentucky Derby odds were 3-1.

    Another Triple Crown winner, Seattle Slew, won the series in 1977 but then was defeated afterward. American Pharoah is the only horse to win both the Triple Crown and Breeders’ Cup Classic.

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    Only two winning horses have ever broken the two-minute mark at the Kentucky Derby. The legendary Secretariat still holds the record, completing 1 1/4 mile in 1:59:40 during the 1973 edition. In 2001, Monarchos came close to besting the record, becoming the second-fastest horse at the Derby with a time of 1:59:97.

    Only three fillies have ever won the Derby, with the most recent being Winning Colors in 1988. Genuine Risk preceded her in 1980, while Regret won in 1915. The most recent filly to try the Run for the Roses was Eight Belles in 2008; she finished second.

    Kentucky Derby Final Odds

    Donerail in 1913 is the highest-priced winner in Derby history at 91-1. It wasn’t until Country House was put up at 65-1 in the 2019 Derby after the disqualification of Maximum Security that anyone else got close.

    In 2005, Giacomo won the race at 50 – 1. Mine That Bird followed four years later with another 50 – 1 upset. These races were attributed to there being too much precocious speed in the race, they faded and paved the way for deep closers to upset. Since the Kentucky Derby points rules were put into place in 2012, there has not been a big upset like this save for Maximum Security’s disqualification and Country House’s promotion.

    Trainer Bob Baffert has won six times, tying Ben Jones's all-time record. The most a jockey has won is five, accomplished by both Eddie Arcaro and Bill Hartack. In 2010, Calvin Borel won three out of four Kentucky Derbies, following victories on Street Sense in 2007, Mine That Bird in 2009, and Super Saver in 2010.

    Some of the game’s biggest trainers have only won the race once, such as Shug McGaughey in 2013 with Orb, and Bill Mott with Country House in 2019. Todd Pletcher, who trains Kentucky Derby prospects Known Agenda and Bourbonic, has won it twice.

    The most expensive Kentucky Derby winner was Fusaichi Pegasus in 2000. The son of Mr. Prospector commanded a price of $4 million as a yearling in 1998 and won six races before being syndicated for over $60 million. In comparison, California Chrome came from a dam that cost $8,000 and a stallion that cost $2,000 and went on to earn back $14.7 million on the track.

    Final entries and the post position draw for the 2020 Kentucky Derby will take place on Wednesday, April 28. The 2021 Kentucky Derby is on Saturday, May 1 at Churchill Downs. Post time is approximately 6:30 Eastern time. 

    kentucky Derby Betting

    Qualifying for the Kentucky Derby

    To compete in the Kentucky Derby, a horse must qualify for the race through a series of prep races called the Road to the Kentucky Derby. The series features races that begin for two-year-olds and extend through the sophomore season. The points are scaled depending on when the race is run and only the twenty horses with the most points earn a spot in the starting gate for the Run for the Roses.

    Major prep races include the Santa Anita Derby (G1) at Santa Anita, the Wood Memorial (G2) at Aqueduct, the Florida Derby (G1) at Gulfstream Park, the Arkansas Derby (G1) at Oaklawn Park, the Blue Grass Stakes (G2) at Keeneland, and the Louisiana Derby (G2) at the Fair Grounds. The winners of these races are always able to get a spot in the Derby, while others who finish second or third rely on points earned from other races, or horses who defect.

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    Only the top 20 American points holders get in, fewer if a horse makes the trip from overseas. There is a Japan Road to the Kentucky Derby and a European Road to the Kentucky Derby; one slot is reserved for each. Japan’s Road to the Derby includes the Unicorn Stakes, Fukuryu, and Hyacinth Stakes. The European Road to the Derby includes the Patton Stakes and the Vertem Futurity Trophy in the United Kingdom.

    One spot in the Kentucky Derby is reserved for each of those series. However, horses from those European and Japanese races do not always choose to come to Louisville, so often 20 American-based horses do get into the race.

    The points emphasis is on three-year-old racing, with even the winner of the Breeders’ Cup Juvenile (G1), the premier race for two-year-olds, getting only 20 points for the win.

    Aside from the Blue Grass at Keeneland, which is a short three-week meet, the other races all have preps with lower points, such as the Fountain of Youth (G2) at Gulfstream preceding the Florida Derby, and the San Felipe (G2) at Santa Anita coming before the Santa Anita Derby. For Oaklawn it is the Rebel Stakes (G2), and for the Fair Grounds, it is the Risen Star (G2).

    Some smaller tracks also offer a lot of Derby points. The Tampa Bay Derby (G2) at Tampa Bay Downs offers 50 points to the winner; the Sam F. Davis (G3) is its local 10-point prep. Turfway Park also offers a pair of points races; the Jeff Ruby Steaks (G3) offers its winner 100 points, and the John Battaglia Memorial Stakes is its 10-point local prep.


    Kentucky Derby FAQs

    • The Kentucky Derby is typically run on the first Saturday in May. Though the 2021 Kentucky Derby was run in September due to COVID-19, the Derby is back to its traditional date in 2022. The 2022 Kentucky Derby will run on Saturday, May 7.

    • Every year since 1875, the Kentucky Derby has been run under the twin spires of Churchill Downs Racetrack in Louisville, Kentucky.

    • The 2021 Kentucky Derby will be on the NBC family of networks. Early coverage will run from 12:30 pm-2:30 pm EDT on NBCSN, then the Kentucky Derby will air on NBC from 2:30 pm-7:30 pm EDT on NBC.

    • Authentic won the race in 2020, defeating Kentucky Derby's favorite Tiz the Law. Authentic was ridden by John Velazquez and trained by Bob Baffert. With that win, Bob Baffert tied Ben Jones for most Kentucky Derby victories by any trainer, with six.

    • 20 horses can run in the Kentucky Derby. Four more horses can go on the also-eligible list and draw in if someone in the main field scratches before local betting begins at 9:00 am EDT the day before the Kentucky Derby. But, only the 20 horses with the most points are guaranteed a spot.

    • Though only 20,000 to 30,000 people will be allowed to attend the race due to COVID-19 regulations, many years 150,000 or more people come to Churchill Downs for the Kentucky Derby. The attendance record came in 2015 when 170,513 people saw American Pharoah win the first jewel of the Triple Crown.

    • The second and third races of the Triple Crown are the Preakness Stakes and the Belmont Stakes. In 2021 the Preakness will be run at Pimlico on Saturday, May 15. The 2021 Belmont will be run on Saturday, June 5 at Belmont Park.

    • The Kentucky Derby winner earns $1.8 million from the $3 million Kentucky Derby purse.

    • The Kentucky Derby distance is a mile and a quarter, regarded as the Classic distance in the United States. That is equal to ten furlongs, or 2012 meters.

    • Right now Concert Tour and Essential quality are the early favorites to win the 2021 Kentucky Derby. These favorites will change as prep races finish and horses continue to train toward the race, so players should keep watching the news for the latest information and the racebooks for the best Kentucky Derby odds.

    • Thanks to the internet, everybody can enjoy betting the Kentucky Derby from the comfort of their own home. Players can use any online device like a desktop computer, laptop, tablet, or smartphone to wager on the Kentucky Derby from an online sportsbook or racebook.

    • There are two ways to bet the Kentucky Derby on a mobile device. One way is to use the smartphone’s browser to access the sportsbook website, read through the wagers and odds, and place a bet.

      Many sportsbooks also offer mobile apps. After downloading and installing them to their smartphones, bettors can enjoy one-tap access to a full-featured wagering experience designed exclusively for mobile.

    • Choosing the right place to bet the Kentucky Derby can be daunting since there are so many options online. Don’t make that important decision alone! Our sportsbook reviews feature independent evaluations by betting experts, so bettors can make an educated decision about which sportsbook gives them the best features, odds, and promotions for their needs.

    • Most online sportsbooks offer a broad range of promotions including deposit bonuses and rebates. Many racebooks offer a horse racing rebate, paid off every day, whether bets win or lose. The rebate varies but is typically between 7-15% of a player’s betting volume.

    • Most online sportsbooks do not yet have streaming agreements for the Kentucky Derby. Bettors should check in closer to the Kentucky Derby to see if their sportsbook of choice has negotiated a streaming agreement. and the NBC Sports app will offer live streaming coverage of the Kentucky Derby. Players can use these to watch the race live while placing Kentucky Derby bets at their favorite sportsbooks.

    • Online sportsbooks offer a full range of betting options on the Kentucky Derby. Those include traditional horse racing bets like win, place, and show as well as the kinds of prop bets and event bets that bettors previously had to travel to Las Vegas to make. Popular bets on the Kentucky Derby include:

      • Win
      • Place
      • Show
      • Daily Double
      • Pick 3
      • Pick 4
      • Exacta
      • Quinella
      • Trifecta
      • Superfecta