The Kentucky Derby odds and lineup are out and we’re going to show you how you can join the action from the comfort of your couch. We will provide you with the latest Kentucky Derby odds and fill you in on the top sites to place bets on and claim generous bonuses.
It is estimated that in the previous edition of the Run for the Roses, over $155 million worth of wagers were placed. This year it looks like there will be even more bettors looking for top Kentucky Derby 2023 odds and you can find them right here, on this page.
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Find the Best Kentucky Derby 2023 Odds
Now that the last major race contenders have been selected after the 2023 Road to the Kentucky Derby, we’re excited to share the latest Kentucky Derby odds with you. Our analysts have looked at the sharpest sportsbooks in the country to provide you with the most competitive Kentucky Derby 2023 horses’ odds.
Apart from providing you with the top offshore sportsbooks that offer top Kentucky Derby odds, we’ve listed their top horse and jockey picks.
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 The Best US Racebooks Offering Kentucky Derby Odds
The following sportsbooks and racebooks are the best platforms to access Kentucky Derby 2023 odds right now. Apart from their odds offerings, these particular sites have been selected by our experts as they also provide a user-friendly interface and generous signup bonuses.
- BetUS – The Best Provider of Kentucky Derby Odds Overall.
- Bovada – Provides Top Live Kentucky Derby Odds.
- BetOnline – Find all Kentucky Derby Odds Expert Picks.
- MyBookie – Offers Kentucky Derby Live Odds with Betting Bonuses.
- XBet – A User-Friendly Platform for Vegas Odds on the Kentucky Derby.
- Sportsbetting.ag – Play Kentucky Derby Odds Today and Get 9% Rebates.
- Everygame – Play Kentucky Derby Final Odds Using eWallets.
- Betanysports – A Special 10% Bonus on Winning Kentucky Derby Lines.
- BUSR – Offers an In-Depth Horse Racing Schedule.
- GTBets – Claim a 10% Rebate on Losing Bets Made on Kentucky Derby Odds.
Why are there Different Kentucky Derby Odds Formats?
Most of the top US betting sites, including the best NFL and NBA sportsbooks, normally feature Kentucky Derby betting odds in the American Odds format. However, since horse racing is a centuries-old sport based on tradition, many punters prefer to view the odds as a fraction.
All our featured horse race betting sites let you view all Kentucky Derby current odds in either format. By taking advantage of competitive odds, you’ll be able to enjoy a better markup on a correct prediction, especially if you take advantage of futures, such as the ones offered by BetUS and BetOnline.
What are Kentucky Derby Odds?
Understanding what odds actually represent can be tricky, so in this section, we’ll explain what the numbers really mean.
Epicenter is currently the favorite to win the race according to current Kentucky Derby odds in 2023. This is hardly surprising, given that the horse has won four out of his last six starts.
According to the most updated Kentucky Derby 2023 odds, the horse is priced at +450 or 9/2. Using the American Odds, you can quickly understand how much you could win if you bet $100. In this case, this means could win $450.
Fractional Odds, sometimes also referred to as British Odds, outline your payout if you place a one-unit wager. So, for example, if you bet $2 you could win $9.
At the time of writing this guide on the Kentucky Derby odds there are no contenders that are odds-on favorites. Had this been the case and it could happen closer to the race, American Odds would be shown with a negative mark, such as -450. This means that you would need to wager $450 to potentially win $100. Similarly, the Fractional Odds would be shown as 2/9.
Different Forms of Kentucky Derby Odds
We’ve already discussed American and Fractional Odds, but you could come across Vegas odds for the Kentucky Derby 2023 in several other formats. European sportsbooks, such as Everygame, tend to prefer decimal odds.
Taking Epicenter once more for our example, we can see that the odds of him winning are shown as 5.50. This value combines the one-unit amount wagered and the potential return. So if, for example, you were to wager $1, you would have a potential payout of (5.50 – 1) $4.50.
How to Play Kentucky Derby Odds
In the following section, we’ll explain how to register an account and place a wager on our featured online sportsbooks. In this example, we’re using BetUS as it’s the best provider of Kentucky Derby odds 2023. By joining today, you’ll be able to benefit from a 200% match crypto deposit worth up to $2,500.
Step 1: Register an Account
Visit the BetUS website and click on ‘Join’ to begin your account registration. You will be asked to enter your personal information, including a valid email address and mobile number.
Step 2: Verify Your Email Address
You will automatically receive an email from BetUS to verify your account details and confirm that you’ve entered the correct email address. Click on the link found in the email to complete this step.
Step 3: Place a Deposit
Back on the BetUS website, you’ll be invited to place your first deposit. You cannot avail of the best Kentucky Derby odds 2023 without funds in your account. This sportsbook accepts payments in both USD and several cryptocurrencies, including Bitcoin and Ethereum.
Click on your preferred payment method and enter the payment details as indicated on-screen. Remember to include the promo code that you wish to use.
Enter JOIN200 to receive a 200% match of up to $2,500. This offer is only valid for crypto deposits and is split, with 150% that can be used to play Kentucky Derby odds 2023 and 50% suitable for casino games. You can check out other available offers on our BetUS promo codes page.
Step 4: View Kentucky Derby Lineup and Odds
With your first deposit complete, you can proceed to view the latest odds for the Kentucky Derby. Click on ‘Racebook’ on the top navigation bar and click on the Kentucky Derby odds banner at the top of the screen.
Step 5: Take Advantage of Available Kentucky Derby Odds
Choose your preferred market and click on it. This will open a page with relevant bets and corresponding odds for the Kentucky Derby. Click on the applicable moneyline and enter the amount you wish to bet or potentially win on the bet slip.
Click on ‘Place My Bets’ to complete your first Churchill Downs wager.
Understanding the Different Kentucky Derby Odds
As the horse racing date gets closer, you will find a growing number of odds available on the best Kentucky Derby betting sites. These bets can be normally categorized as either standard or exotic wagers, and in the following section, we’ll explain these terms.
Standard Wagers
This type of bet is simple and straightforward and is normally preferred by newbies. With this bet, you are focusing on a single race and one horse to either win (finish in first place), place (finish in first or second place), or show (finish in first, second, or third place).
Win Bet
The win bet, sometimes also referred to as on the nose, is a single bet that you place to predict the outright winner of the race. Understanding if your bet has won or not is simple and the standard wager for this bet is $2.
In the following example, we’re using imaginary Kentucky Derby entries and odds.
Horse Win Place Show Alpha $5.25 $3.80 $2.05 Bravo $6.85 $4.85 $2.25 Charlie $10.55 $8.95 $7.20 Let’s imagine that the odds for this race were spot on, and Alpha won, Bravo came second, and Charlie finished third. Had you wagered on Alpha to win with a standard wager, you would have won a $5.25 payout. If instead of $2 you wagered $20, your payout would be $52.50.
Place Bet
A place bet offers less risk than a win bet since you have two opportunities to get it right. As a result, the potential payouts for this bet are lower than the outright win bet. The standard place bet has a value of $2.
Using the above lineup as an example, you could win $4.85 on a $2 wager on Bravo to place. Even if Bravo won the race, your payout would still be the same. Once again, betting more than the standard wager will result in an equivalently higher payout.
Show Bet
Show bets provide even more flexibility and, as a result, lower potential payouts. These bets are preferred for punters looking to place longshot wagers and believe that one or more contenders have the ability to rank amongst the top three.
Even though the Kentucky Derby odds for show bets are lower than the win bets for the same horses, they are often higher than the win bet payouts for the favorites. Show bets are highly competitive, so you should check out different sites for their Kentucky Derby pre-race odds prior to placing this wager.
Across the Board
If you’re for Kentucky Derby field and odds that will provide you the best payout for a win, then you should look at the Across the Board bet. This wager let you place win, place, and show bets on the same horse simultaneously.
Using the above example, you would spend $2 on each of the three bets. Let’s assume that you bet on Alpha and he does end up winning. In this case, you’ll receive a payout of ($5.25 + $3.80 + $2.05) = $11.10.
Double Bet
This bet is similar to the win bet, however, rather than betting on just one race, you’re betting on the same horse winning two consecutive races. Due to the increased difficulty, such a bet pays out higher dividends than a win bet.
Exotic Wagers
These types of wagers are common in Kentucky Derby odds but, since they’re relatively more complex than standard wagers, tend to be ignored by first-time players. However, they also offer unique and exciting opportunities, so it’s a good idea to understand how they work.
Exacta Bet
With an Exacta bet, you’re essentially placing two bets on the same race. The purpose of this bet is to correctly predict which two horses will hit the frame in the correct order of first and second. This wager has a minimum stake of $2.
To win an Exacta Bet, it is vital that the horse that you picked as the winner wins, and the one that you picked as the runner up ends the race in second place. Any other result would lose your bet. However, picking correctly could lead to a pay out of $500+ on a $2 bet.
Quinella Bet
The Quinella bet is very similar to the Exacta bet, but you can still win if your first and second picks are swapped. This means that you’ll get a payout no matter which of your picks wins the race and which comes in second place.
This bet has a minimum stake of $1 and, since it is less risky than the Exacta bet, offers a lower payout. Nevertheless, it can still be more rewarding than placing standard bets.
Trifecta Bet
Kentucky Derby trifecta odds offer a more challenging version of the Exacta bet. This bet requires you to correctly predict the first three horses to finish the race in the correct order. You can either place a single selection bet, or opt for a box that would include all possible outcomes for your selected horses.
The Trifecta bet has a minimum stake of $0.50, but this can quickly add up on a box. A box for three horses would add up to a stake of $3.00, but one for five horses would bump up the cost to $30. Nevertheless, the potential payouts of this bet make it appealing to many punters.
Superfecta Bet
The Superfecta bet requires you to correctly predict the first four horses to cross the finish line in the correct order. The minimum stake for this bet is $0.10, and the potential payout is certainly enticing. In the 2021 Churchill Downs race, one lucky punter won $9,456.40 on a Superfecta bet with a ticket price of just $1.
Super Hi-Five Bet
You can use Kentucky Derby odds to try and correctly predict the first five horses to cross the finish line in the correct order. The Super Hi-Five Bet is a truly challenging bet but offers superb potential payouts to whoever gets it right. As is the case with other bets, you can box your selected horses.
During last year’s horse racing in Louisville, one lucky punter won a staggering $296,769.60 on a Super Hi-Five bet that only cost $1.
View the Latest Kentucky Derby Odds Expert Picks
Our team of experts is busy researching and updating our list of top picks. If you’re looking to combine the best Kentucky Derby 2023 horses’ odds with expert picks, you’re in the right place.
Have a look at what our experts believe are the top contenders for upcoming horse races:
To Win – Forte
While he may be the long-time favorite in futures Kentucky Derby odds for this year, Forte is a four-time Grade I winner for trainer Todd Pletcher and the class act in the field. After winning the Breeders’ Cup Juvenile at Keeneland in the fall, this colt by Violence looked better than ever when landing the Fountain Of Youth at Gulfstream Park on his return.
Forte’s late burst up the home stretch there saw him claim victory in the Florida Derby on his final prep run by a length. Being so strong at the finish is a big plus now tackling an extra furlong at Churchill Downs and he has leading claims.
To Place – Tapit Trice
Pletcher has another leading Kentucky Derby contender in Tapit Trice, who heads to Louisville off the back of a neat victory in the Blue Grass Stakes at Keeneland, the Commonwealth’s other major racetrack. He responded so well to pressure and scored by a neck there, taking a step forward from his Tampa Bay Derby win in Florida, with the front two pulling well clear of the others.
Tapit Trice, as his name suggests, is a colt by prolific sire Tapit. That means he’s related to last year’s Breeders’ Cup Classic hero Flightline. Less exposed than his Pletcher barn buddy Forte, Tapit Trice has greater scope for further progress with both horses earning 150 points or more in the Road to the Kentucky Derby standings.
To Show – Angel Of Empire
After being awarded the big race two years ago, Brad Cox has the taste for more glory in The Run for The Roses with Angel Of Empire the candidate from his barn this time. His Kentucky Derby 2023 horse’s odds shortening after an impressive Arkansas Derby victory.
Prior to that Oaklawn Park triumph, the Classic Empire colt won the Risen Star Stakes at Fair Grounds in Louisiana. Making the show is probably the minimum target for Angel Of Empire, for all there is a slight question over stamina.
Odds of Previous Kentucky Derby Winners
The 2023 Kentucky Derby is the highly-anticipated first leg of the American Triple Crown. This year’s edition includes both excitement and controversy, such as the decision to ban Bob Baffert beyond 2023. Nevertheless, punters are eager to take advantage of Kentucky Derby morning line odds and odds boosts.
Below, we look back at the last 10 Derby champions at their odds by the start of the race:
Year Winning Horse Trainer Jockey Odds 2022 Rich Strike Eric Reed Sonny Leon 80.80 2021 Mandaloun Brad H. Cox Florent Geroux 26.90 2020 Authentic Bob Baffert John R Velazquez 8.40 2019 Country House William I. Mott Flavien Prat 65.20 2018 Justify Bob Baffert Mike E.Smith 2.90 2017 Always Dreaming Todd Pletcher John R Velazquez 4.70 2016 Nyquist Doug F. O’Neill Mario Gutierrez 2.30 2015 American Pharoah Bob Baffert Victor Espinoza 2.90 2014 California Chrome Art Sherman Victor Espinoza 2.50 2013 Orb Claude R. McGaughey Joel Rosario 5.40 2012 I’ll Have Another Doug O’Neill Mario Gutierrez 15.30 Wish to Learn More About Horse Race Betting?
This guide has focused entirely on Kentucky Derby odds, but we offer several other guides to help you with horse and other sports betting.
- Horse racing betting sites – Useful information and great odds for top races, including Santa Anita and the Cheltenham Festival.
- Kentucky Derby betting sites – Discover the best online sportsbooks to use to bet on the Run for the Roses.
- Bitcoin betting sites – Learn how to take advantage of updated Kentucky Derby odds using Bitcoin and other cryptocurrencies.
Our Top Choice for Kentucky Derby Odds
Throughout this guide, we have provided you with a list of the top 10 best sites for the 2023 Kentucky Derby odds. All of these sites offer a great user experience, early odds, and a Kentucky Derby odds payout calculator.
However, if you’re looking for the single best provider of Kentucky Derby odds, we recommend choosing BetUS. For over 25 years, this reputable and safe site has been offering US players superb odds, timely payouts, and 24/7 support. You can join this site in minutes and pay using USD or cryptocurrency.
By joining BetUS today, you’ll be able to pick your favorite welcome offer. One of the most popular and valuable provides you with a 200% match of up to $2,500. This offer is only valid for crypto deposits and is split between sports betting and casino games.
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