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Sat, May 6, 2023. Churchill Downs, Louisville.
2023 Kentucky Derby Odds Horse Racing

Kentucky Derby 2022: Top Contenders, Race Picks, Predictions and Horse Betting Odds

Bet On Kentucky Derby 2023 Odds

The Kentucky Derby is the second most bet on a single-day event of the year, behind the Super Bowl, and proves each year to get bigger and better in terms of horse betting. The world’s most popular Grade I thoroughbred race always takes place on the first Saturday in May, and this year’s event will take place on May 7, 2022.

The 148th Kentucky Derby is held each year at Churchill Downs, and for the first time in two years, will host the event at full capacity, with all the bells and whistles. Things are almost back to normal for the 2022 Kentucky Derby!

Before taking on the Kentucky Derby odds, check out BetUS’s horse racing sports betting guide.

Kentucky Derby 2022

Date: Saturday, May 7, 2022
Time: 6:57 p.m. ET
Tablet, Online, Mobile: NBC Sports App and streamed live on
Track & Location: Churchill Downs in Louisville, Kentucky
Distance: 1 ¼ miles (10 furlongs)
Surface: Dirt
Horses: 3-Year-Old Thoroughbreds
Track Record: Secretariat – 1:59.40 in 1973

The Kentucky Derby usually begins around 6:30 p.m. ET but this year’s race time has yet to be finalized. The race is only around two minutes. Combined with Kentucky Derby betting, it has earned the moniker “the most exciting two minutes in sports”.

Kentucky Derby Betting Guide 2022

The Kentucky Derby is the first leg of the Triple Crown races, and the winner of the race tends to set the season, and tone of the racing year. Speculation begins after the Kentucky Derby of whether the horse will win the Triple Crown at the Belmont Stakes and Preakness Stakes.

Only 20 horses qualify and are eligible to compete in the Kentucky Derby and earn their way by competing in qualifiers and preliminary tournaments leading up to the main event. These horse races take place around the world, but the biggest ones occur in the U.S. during March and April.

Churchill Downs is a historic and famous racetrack that has hosted the Kentucky Derby since its inception in 1875. Based in Louisville, Kentucky, the venue hosts plenty of Grade I horses races as well as lower graded events, throughout the year. The Kentucky Derby left-handed race itself is a 1 1/4 mile (10 furlong) race on a dirt course.

The Kentucky Derby features three-year-old thoroughbreds, featuring both colts, geldings, and fillies, and the purse for the event is a whopping $3 million dollars. The winner of the race takes home over $1.8 million.

The fastest speed ever recorded at the Kentucky Derby was the legendary Secretariat in 1973, who completed the race in 1:59.4. Since that year, only one horse has won the race by less than two minutes, which was in 2001, when Monarchos won in just 1:59.9.

The last Triple Crown was in 2018 when Justify became the 13th Triple Crown winner.

Past Kentucky Derby Winners

2021 Mandaloun 2:01.02 +1600 Brad H. Cox
2020 Authentic 2:00.61 +800 Bob Baffert
2019 Country House 2:03.93 +6500 William I. Mott
2018 Justify 2:04.20 +300 Bob Baffert
2017 Always Dreaming 2:03.29 +450 Todd Pletcher
2016 Nyquist 2:01.31 +250 Doug F. O’Neill
2015 American Pharoah 2:03.02 +300 Bob Baffert
2014 California Chrome 2:03.66 +250 Art Sherman
2013 Orb 2:02.89 +500 Claude R. McGaughey III
2012 I’ll Have Another 2:01.83 +1500 Doug F. O’Neill

Kentucky Derby Betting Odds

Betting on horses can be a challenging feat, especially for new horse racing bettors. There are plenty of complicated betting types and options, some of which require you to choose the ordering of the race as well.

However, betting on horse racing, and specifically, Kentucky Oaks and Kentucky Derby events can be one of the most exciting experiences – the events are short, the Kentucky Derby itself is only about two minutes in length, so you aren’t placing a bet that won’t actualize momentarily, you can get almost instant rewards.

Odds for the Kentucky Derby 2022 are available early, and during the road to the main event, you will see plenty of qualifiers and practice races that will showcase and allow you to see which horses are favored to win the Kentucky Derby.

Once the odds are released, you will want to create a betting strategy to help you place smart wagers on the  Kentucky Derby 2022. As the event nears, you can do plenty of research into the horses, and decide which betting options you want to use for the event.

Keep an eye on horses that perform well on similar style dirt racecourses, this is a great method to determine which horses will perform well at the Kentucky Derby as horses who are used to Churchill Downs or similar style courses.

When the post numbers are announced, be sure to check where your horse is, if they are favored to win, then get post 1, they may not be as successful on certain posts. Post numbers can be a huge indicator of how a horse may perform.

Post No. 5 has the most wins with 10, the last winner being in 2017, followed by post No. 10 with 9 wins. No one from Post No. 17 has won the Kentucky Derby, and the posts on the outside of 17 tend to be less than fruitful as well. The real one you need to look for is No. 6, which has a drastically low success rate with just two wins in 91 starts, this is a post position to keep an eye on when picking horses.

Once the 2022 Kentucky Derby concludes, odds will be released on the winner to potentially win a Triple Crown – these are called futures bets and allow you to place a wager with risky odds on this outcome long before the Belmont Stakes actually begins.

If you’re ready to start planning your 2022 Kentucky derby betting, head over to the BetUS Sportsbook and be sure to take advantage of any exclusive Kentucky Derby bonuses or offers we have at the time of the races.

Enjoy your mint juleps and be sure to bet a few bucks on the Kentucky Derby 2022.

Bet on 2022 Kentucky Derby Odds

2021/2022 Kentucky Derby Prep Races

Date Race Track Points Winner
Sep 18, 2021 Iroquois Churchill Downs 10-4-2-1 Major General
Sep 25, 2021 Juddmonte Royal Lodge Newmarket 10-4-2-1 Royal Patronage (FR)
Sep 25, 2021 Alan Smurfit Memorial Beresford Curragh 10-4-2-1 Luxembourg (IRE)
Oct 01, 2021 American Pharoah Stakes Santa Anita 10-4-2-1 Corniche
Oct 02, 2021 Champagne Stakes Belmont Park 10-4-2-1 Jack Christopher
Oct 03, 2021 Qatar Prix Jean-Luc Lagardère Longchamp 10-4-2-1 Angel Bleu
Oct 09, 2021 Breeders’ Futurity Keeneland 10-4-2-1 Rattle N Roll
Oct 23, 2021 Vertem Futurity Trophy Doncaster 10-4-2-1 Luxembourg (IRE)
Nov 05, 2021 Breeders’ Cup Juvenile Del Mar 10-4-2-1 Corniche
Nov 27, 2021 Kentucky Jockey Club Churchill Downs 10-4-2-1
Nov 27, 2021 Cattleya Tokyo Racecourse 10-4-2-1
Dec 04, 2021 Remsen Aqueduct 10-4-2-1
Dec 15, 2021 Zen-Nippon Nisai Yushun Kawasaki 20-8-4-2
Dec 17, 2021 Springboard Mile Remington Park 10-4-2-1
Dec 18, 2021 Los Alamitos Futurity Los Alamitos 10-4-2-1
Dec 26, 2021 Gun Runner Fair Grounds 10-4-2-1
Jan 01, 2022 Smarty Jones Oaklawn Park 10-4-2-1
Jan 01, 2022 Jerome Aqueduct 10-4-2-1
Jan 08, 2022 Sham Santa Anita 10-4-2-1
Jan 22, 2022 Lecomte Fair Grounds 10-4-2-1
Jan 29, 2022 Southwest Oaklawn Park 10-4-2-1
Feb 05, 2022 Holy Bull Gulfstream Park 10-4-2-1
Feb 05, 2022 Robert B. Lewis Santa Anita 10-4-2-1
Feb 05, 2022 Sam F. Davis Tampa Bay Downs 10-4-2-1
Feb 07, 2022 Hyacinth Tokyo Racecourse 30-12-6-3
Feb 12, 2022 Withers Aqueduct 10-4-2-1
Feb 19, 2022 Risen Star Fair Grounds 50-20-10-5
Feb 19, 2022 El Camino Real Derby Golden Gate Fields 10-4-2-1
Feb 26, 2022 Rebel Oaklawn Park 50-20-10-5
Mar 04, 2022 John Battaglia Memorial Turfway Park 10-4-2-1
Mar 05, 2022 Fountain of Youth Gulfstream Park 50-20-10-5
Mar 09, 2022 Road to the Kentucky Derby Condition Stakes Kempton Park 20-8-4-2
Mar 11, 2022 Patton (Listed) Dundalk 20-8-4-2
Mar 12, 2022 Gotham Aqueduct 50-20-10-5
Mar 12, 2022 Tampa Bay Derby Tampa Bay Downs 50-20-10-5
Mar 12, 2022 San Felipe Santa Anita 50-20-10-5
Mar 26, 2022 UAE Derby Meydan Racecourse 100-40-20-10
Mar 26, 2022 Louisiana Derby Fair Grounds 100-40-20-10
Mar 27, 2022 Sunland Derby Sunland Park 50-20-10-5
Apr 02, 2022 Florida Derby Gulfstream Park 100-40-20-10
Apr 02, 2022 Arkansas Derby Oaklawn Park 100-40-20-10
Apr 02, 2022 Fukuryu Nakayama 40-16-8-4
Apr 02, 2022 Jeff Ruby Steaks Turfway Park 100-40-20-10
Apr 07, 2022 Cardinal Condition Stakes Chelmsford city 30-12-6-3
Apr 09, 2022 Santa Anita Derby Santa Anita 100-40-20-10
Apr 09, 2022 Wood Memorial Aqueduct 100-40-20-10
Apr 09, 2022 Blue Grass Keeneland 100-40-20-10
Apr 16, 2022 Lexington Keeneland 20-8-4-2

How to Bet on Kentucky Derby?

The most prominent horse racing event in the world, the Kentucky Derby is known as “The Most Exciting Two Minutes in Sports” for apt reasons. Find the best Kentucky Derby odds from the BetUS online sportsbook, home to this prestigious Grade I stakes race that takes place every first Sunday of May.

As the first leg of the Triple Crown, the Derby is 10 furlongs (1 ¼ miles, 2 km) long and raced on a dirt track. The household name in horse racing is littered with online sports betting odds. Bet on Kentucky Derby odds remains ever so popular.

Kentucky Derby Odds: What You Need To Know

You can find Kentucky Derby odds and other horse racing odds from the BetUS online sportsbook. Find these odds via the “Racebook” or the “Horse Racing” section of the sportsbook.

You’ll want to access the Racebook to get the full range of Kentucky Derby odds. The sportsbook has Derby odds but is mostly limited to the Futures or Outright bets.

How to Bet on the Kentucky Derby: Racebook Odds

There are many different ways on how to bet on the Kentucky Derby. With the BetUS online racebook, you can find these Kentucky Derby odds easily. When you find the Derby odds, you have one of three options to bet (labeled “Horse” in the “Bet Type” option above the table):

  • Win: bet on a horse to finish first
  • Place: bet on a horse to finish second or first
  • Show: bet on a horse to finish third, second, or first

When you bet on Kentucky Derby odds, your payout is determined by what you select. A “Win” pays more than a “Place” and “Place” pays more than a “Show”. The payout is the same regardless of what place the horse finishes when “Place” or “Show” is concerned.

Alternatively, you can choose to wager with “Win-Place” or “Win-Place-Show” and the your payout is determined by what place the horse finishes in.

When you find the table, you can type in the amount you want to bet on any of the three options. After you input your bet amount, select “Add To Bet Slip” to load your Kentucky Derby odds bets.

You can either “Save” your bets if you want to think about them, “Remove All” to start over, or “CONFIRM” to place your wager/s.

Kentucky Derby Odds: Reading the Odds

The Derby odds are usually displayed as a fraction or the “Money Line”, meaning what the odds and potential payout is for the horse.

These Kentucky Derby odds are displayed with a “/” between two numbers like 6/1 or 15/1. This means you can win $6 or $15 for every $1 dollar you bet if the horse finishes first. The payout is adjusted if you choose “Win”, “Place, or “Show” with “Win”.

You can calculate your potential payout with this formula:

  • Wager x (Numerator/Denominator)] 

More Kentucky Derby Betting: Other Methods to Bet

The Win-Place-Show isn’t the only Kentucky Derby odds option. There are “exotic wagers” that are available. These are:

  • Exacta: bet on two horses to finish first and second in the exact order hence the name. For double the wager, you can box your bet to ensure a win even if they switch places.
  • Quinella: this is essentially a box exacta with the difference being the cost. It costs more to place an exacta but the payout is typically bigger.
  • Trifecta: bet on three horses to finish first, second, and third in the exact order like an exacta but with three horses. Like the box exacta, you can also do a box trifecta for additional costs and payouts.
  • Superfecta: bet on four horses to finish from first to fourth in the specific order.
  • Double: place two separate wagers just like a two-leg parlay; both wagers must win.
  • Pick Four: select the winner (first-placed finisher) of four consecutive horse races

To select an exotic wager, select the drop down menu of the table where it says “Bet Type” (the default Win-Place-Show format is labeled “Horse”) then select from the Kentucky Derby odds, the exotic wager of your choice from the dropdown menu.

You can also select the race you want by selecting the “Race #”.

How to Bet on the Kentucky Derby: Sportsbook Futures/Outrights

When you access the Kentucky Derby odds from the sportsbook, you’ll find the Futures or Outrights. This is more straightforward and you simply select which horse you think will finish first and win the entire thing.

You already know the fractional format on how to bet the Kentucky Derby. There are two other formats display from BetUS:

American Odds

This lines teams with a positive (+) or negative (-) number. A positive indicates how much you win on a $100 bet and a minus indicates how much you have to bet to win $100.

If you’re not wagering $100, you can use these formulas to calculate your potential winnings:

  • For plus odds: Stake x (Odds/100)
  • For negative odds: Stake / (Odds/100)

Decimal Odds

Self-explanatory, these Derby odds reflect how much you win for every $1 wagered. Unlike the American odds, the decimal odds show the total payout rather than the profit:

  • Wager x Decimal odd number

You can change the odds format by selecting the dropdown from the “Kentucky Derby Odds” on the upper right corner of the table.

Where to Watch the Kentucky Derby?

This year it will be the 148th edition of the Kentucky Derby and it will run once more on the first Saturday in May.

The 2022 Kentucky Derby will air on May 7th from 12:30 to 2:30 p.m. ET on NBCSN and from 2:30 to 7:30 p.m. ET on NBC. Coverage for the Kentucky Derby live streaming will be available on and on the NBC Sports app.

When post time reaches Churchill Downs on Saturday, May 7th, owners, trainers, and jockeys will see their expectations hit the roof in anticipation of the “Fastest Two Minutes in Sports.”

BetUS offers all the races available at Churchill Downs. For the main race, once post positions are drawn, Churchill Downs will present the official odds. BetUS offers you services such as Advance Betting on the main race, Match-ups, and Props.

Kentucky Derby Frequently Asked Questions

What is post time for the 2022 Kentucky Derby?

The post time for the 2022 Kentucky Derby is 6 pm EST. The race coverage will begin at 5 pm EST aired on NBC.

How to bet on 2022 Kentucky Derby?

You will require a BetUS account, where you can then choose your preferred betting type – it’s advised to refer to our How to Bet on the Kentucky Derby page before betting.

How to watch 2022 Kentucky Derby?

You can watch the 2022 Kentucky Derby live on NBC.

Is online betting on Kentucky Derby legal?

Yes, betting on the Kentucky Derby is legal as long as you’re using a reputable and trustworthy sportsbook or racebook.