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KENTUCKY DERBY

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

Kentucky Derby 2023: Top Contenders, Race Picks, Predictions and Horse Betting Odds

Bet On Kentucky Derby 2023 Odds

The Kentucky Derby is the first and most well-known leg of the coveted Triple Crown of horse racing in America. It takes place annually in early May, followed by the Preakness Stakes and then the Belmont Stakes. It is the only one of the three races to run uninterrupted since its inaugural race in 1875. 

Also known as the “Run for the Roses,” the Kentucky Derby has been dubbed “The Most Exciting Two Minutes in Sports” because of its approximate runtime. The Derby ranks first in attendance among all other races in the USA. It’s also the second most wagered single-day event in the world behind the Super Bowl. 

The 148th running of the Kentucky Derby took place on Saturday, May 7, 2022, in Louisville, Kentucky, as it has for nearly 150 years. Entering the weekend, there were two favorites, Epicenter, the winner of the Louisiana Derby, and Zandon, who took home the top spot in the Blue Grass Stakes. 

In an unlikely turn of events, 80-1 underdog Rich Strike won for the second-biggest upset in Derby history. What made the win more surprising was that Rich Strike wasn’t supposed to be part of the field but was added the day before after a late scratch. Both trainer Eric Reed and jockey Sonny Leon earned their first graded stakes win. 

Summer is Tomorrow took an early lead out of the gate. Meanwhile, Rich Strike was in last place after the first mile and stuck in heavy traffic. Just where you would expect an 80/1 underdog to be. But, he moved to the rail, snuck through the opening, and took the win in the final furlong to win with a time of 2:02:61.

Kentucky Derby 2023

  • Date: May 6, 2023
  • Time: TBD 
  • TV: NBC
  • Mobile: NBC Sports App and streamed live on NBCsports.com/live
  • Location: Churchill Downs in Louisville, Kentucky
  • Track Distance: 1¼ mile (10 furlongs)
  • Track Surface: Dirt
  • Eligible Horses: 3-Year-Old Thoroughbreds
  • Track Record: Secretariat – 1:59.40 in 1973

Past Kentucky Derby Winners

YEAR WINNER TIME ODDS TRAINER
2022 Rich Strike 2:02:61 +8000 Eric Reed
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

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 149th edition of the Kentucky Derby and it will run once more on the first Saturday in May.

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 2023 Kentucky Derby?

At the time of writing, the post times have yet to be announced. For reference, the 2022 running was almost 7 p.m ET.

How to Watch the 2023 Kentucky Derby?

You can watch the 2023 Kentucky Derby live one of two ways. One is on NBC; the other is by using the NBC Sports App on mobile.

Is online betting on Kentucky Derby legal?

Yes, betting online at BetUS on the Kentucky Derby or any other event is 100% safe, legal and regulated. You can be sure a trusted sportsbook protects your investment.