Kentucky Derby Betting Online – Odds | Tips | How To Bet Guide
When it comes to the most thrilling moments in sports, not many can beat the Kentucky Derby. A two-minute sprint involving the best three-year-old Thoroughbreds, the Derby kicks off the race for the Triple Crown, an elusive feat that only 13 horses have achieved since 1919.
Are you ready to bet on the Kentucky Derby online?
What Is The Kentucky Derby?
Also known as “The Run for the Roses”, the Kentucky Derby is the first race in the Horse Racing’s Triple Crown series that is presented by Woodford Reserve (Grade 1). The race takes place at Churchill Downs in Louisville, Kentucky, and is a one and a quarter-mile race.
The Derby dates back to 1875 and is traditionally run on the first Saturday in May. Currently, the purse money for the race is $3 million.
Can I Bet On The Kentucky Derby Online?
Yes, you can bet on the Kentucky Derby online! Read on for more information about the Kentucky Derby and where to place a horse bet online below.
Kentucky Derby Betting Sites
You can also bet on the Kentucky Derby online. Below is the best available Kentucky Derby betting site:
How Does The Kentucky Derby Work?
The Kentucky Derby is a race restricted to three-year-old horses, regardless of sex and location. The horses selected for “The Most Exciting Two Minutes in Sports” is done so by a tiered-point system.
Each year 20 horses are selected and to earn a spot in the Derby, there is a series of designated races at tracks across the country and around the world. Points are awarded to the top four finishers in each race. The 20 horses with the most points will earn a spot.
A new starting gate with twenty stalls is scheduled to debut for the 2020 Kentucky Derby. This will replace the previous method of using a 14-stall main starting gate and a six-stall auxiliary gate.
The winner of the Kentucky Derby is automatically entered into the Preakness Stakes. And for the Belmont Stakes, which is the final race of the Triple Crown Series, horses who win purse money in the Kentucky Derby and Preakness will automatically qualify for the Stakes race.
When Is The Kentucky Derby 2020?
The 146th Kentucky Derby is on Saturday, May 2, 2020.
- Date: Saturday, May 2, 2020
- Time: 6:50 pm EST
- TV Broadcast: NBC
- Track And Location: Churchill Downs in Louisville, Kentucky
- Distance: One and a quarter miles (10 furlongs)
- Surface: Dirt
- Horses: Up to 20 Three-Year-Old Thoroughbreds
- Track Record: Secretariat (1:59:40 in 1973)
How To Bet On The Kentucky Derby Online?
The best and most convenient way to bet on the Kentucky Derby is online. TVG offers a $200 Bonus Bet, which is a great signup bonus and one you should take advantage of.
Kentucky Derby Bets Explained
There is a multitude of bets not just for the Kentucky Derby, but all races that happen on that day and throughout the racing season. Check out how to bet on horses for more information, but here are some of the most popular bet types:
- Win: Place a bet on who you think will win the Kentucky Derby.
- Place: This is a bet on a horse that you believe will finish first or second in the race.
- Show: You win this bet if the horse you wagered on come in first, second, or third.
- Exacta: An exacta bet is a wager to predict the first two horses to finish the race, which must happen in the correct order of the wager.
- Trifecta: This is a wager that predicts the first three horses to finish the race in the correct order.
- Superfecta: Predict the first four horses to finish in the correct order of the race.
- Super High Five: Predict the first five horses to finish in the correct order of the race.
2020 Kentucky Derby Odds
The latest odds, as well as post positions for the 2020 Kentucky Derby are as follows:
| Post position | Horse | Morning line odds |
| 1 | Finnick The Fierce | 50-1 |
| 2 | Max Player | 30-1 |
| 3 | Enforceable | 30-1 |
| 4 | Storm The Court | 50-1 |
| 5 | Major Fed | 50-1 |
| 6 | King Guillermo | 20-1 |
| 7 | Money Moves | 30-1 |
| 8 | South Bend | 50-1 |
| 9 | Mr. Big News | 50-1 |
| 10 | Thousand Words | 15-1 |
| 11 | Necker Island | 50-1 |
| 12 | Sole Volante | 30-1 |
| 13 | Attachment Rate | 50-1 |
| 14 | Winning Impression | 50-1 |
| 15 | NY Traffic | 20-1 |
| 16 | Honor A.P. | 5-1 |
| 17 | Tiz The Law | 3-5 |
| 18 | Authentic | 8-1 |
Kentucky Derby Payouts
The wagering system for horse racing is unlike most other forms of gambling. Wagering on horses is done through a parimutuel system which means ‘wagering amongst ourselves’.
Unlike casinos where the players are wagering against the house, who has a mathematically built-in advantage, wagering on horse racing is done so by essentially betting against everyone else making the same wager in that particular race, on a large scale.
The track simply holds all the bets and issues tickets to its participants with their bet. Once the race is run and declared official, the track pays the winners. The track makes money by taking a certain percentage of the wagers.
Kentucky Derby Tips
When trying to pick a Kentucky Derby winner, try to look at these deciding factors:
- Past Performances
- Conditions of the Race
- Restrictions of the Race
- The Horse’s Ability Against The Competition
- Pace of the Race
Use racing publications such as the Daily Racing Form, Brisnet, and Track Master to gather some of this information. And read about horse racing handicapping if you would like to learn how to pick a winner.
Past Kentucky Derby Winners
- 2019 Winner: Country House (by DQ)
- 2018 Winner: Justify (Triple Crown Winner)
- 2017 Winner: Always Dreaming
- 2016 Winner: Nyquist
- 2015 Winner: American Pharaoh (Triple Crown Winner)
- 2014 Winner: California Chrome