Kentucky Derby Betting Sites 2022 – Our Guide to Betting on Kentucky Derby

The Kentucky Derby betting needs no introduction to bettors and racing fans. All the top three-year-old thoroughbred horses in America descend on Churchill Downs in Louisville, KY for “The Run for the Roses”.

This is the main event, so our expert Kentucky Derby betting guide tells you who the favorites are. Besides looking over past stats, winners and the contenders, we have recommended sportsbooks and sites for wagering on the big race.

Kentucky Derby 2022 Info

  • 📅 Date: Saturday, May 7
  • ⏰ Time: 6:57 pm ET
  • 🏟️ Location: Churchill Downs, Louisville, Kentucky, US
  • 📺 TV Channel: NBC Sports
  • 🏇 Favorite: Epicenter +450
7 Bookmakers that match your criteria...
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No time limits apply. Minimum deposit of $50 to claim your bonus. You must bet on wagers with odds of 2.5:1 or more. General terms & conditions apply.

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50% deposit up to $1,000. You must enter sportsbetting.ag promo code SB1000 to claim the bonus. You must deposit at least $55 to claim. Wager requirement: the bonus comes with a 10x turnover. Deposits using Neteller and Skrill are not valid for this promotion. Validity period: 30 days. The offer is valid for the site’s sportsbook ONLY. This bonus is for new customers/first-time depositors in Canada and USA

List of Best Kentucky Derby Betting Sites

Here are the top sportsbooks and sites for betting on Kentucky Derby action today:

  • BetOnline – Racebook free play & 9% daily horse racing rebate
  • XBet – Got the X-factor for big race wagering
  • MyBookie – Big reload bonus appeals for Churchill Downs
  • BetUS – Triple Crown specials & Saturday Stakes Money Back
  • Jazz – Racebook cash bonus & 10% daily horse racing rebate
  • Bovada – Request Kentucky Derby bets & props
  • BUSR – Racebook bonus of $150 for new players
  • Sportsbetting.ag – $25 free play on the horses
  • BetAnySports – Cash rebate plus props builder

Betting on the Kentucky Derby – Top Sites Reviewed

We review five of the best Kentucky Derby betting sites so you know what they offer. Each of them are offshore sportsbooks but legal for US bettors:

BetOnline – Racebook Free Play & 9% Daily Horse Racing Rebate

BetOnline Kentucky Derby betting page

Try BetOnline’s dedicated Racebook and your first wager is a $25 free play. This deal comes with 6x rollover requirements, though, and you must claim via email. Once you’ve had a free play, you’ll be a better bettor for betting the Kentucky Derby on site. There are futures odds for the big race, plus key trials.

Supporting that are daily horse racing pari-mutuel betting from around the US and the world. With these, and if you wait until Kentucky Derby day itself, you could be in line for a max 9% rebate on losses. That eases the pain if your picks lose.

Complete with a full track profile for Churchill Downs, there are BetOnline promo codes for deposit and reload bonuses, so new and existing players don’t miss out. Watch out for the rollover requirements attached to these deals, which include crypto bonuses too.

Pros

  • $25 risk-free play on your first Racebook wager
  • Kentucky Derby future odds & pari-mutuel bets
  • Cryptocurrency friendly sportsbook
  • Max 9% daily horse racing rebate deal
  • Customer support available 24/7

Cons

  • Rollover requirements for all bonuses

XBet – $250 Reload Bonus Helps Kentucky Derby Betting

Xbet Kentucky Derby betting page

One of our favorite offshore horse racing betting sitesXBet have plenty to offer too. They just miss out on top spot because their rebate deal is only 7%, smaller than their competitors. There is Kentucky Derby online betting ahead of time on XBet with futures odds for the big one and key trials on the road to Churchill Downs.

With pari-mutuel betting available across all US thoroughbred and harness racing tracks daily, plus the best of the overseas action, XBet has the X-factor. A max $250 reload bonus should appeal to existing players betting on the Kentucky Derby too. There are sign up deals here too with some cryptocurrencies accepted.

XBet checks several boxes as one of the top offshore Kentucky Derby betting sites out there. Again, there are rollover requirements and XBet promo codes attached to all deals, so remember those as you play through bonuses. Their Help Center doesn’t include Live Chat right now either, but it’s still a great place to wager.

Pros

  • Wager on the Kentucky Derby futures betting
  • Pari-mutuel betting for daily horse racing
  • Good reload bonus for existing players
  • Accepts some cryptocurrencies

Cons

  • 7% horse racing rebate deal smaller than competition
  • No Live Chat among customer support options

MyBookie – Big Reload Bonus Appeals for Churchill Downs

MyBookie Kentucky Derby betting page

Another of the leading Kentucky Derby betting sites available offshore, MyBookie provides futures odds for the big race. Alongside this are pari-mutuel markets for daily horse racing on a similar scale to their rivals. These include all the US horse racing action with the best thoroughbred and harness meets from overseas.

With sign up and reload bonuses that require a MyBookie promo code to unlock also on offer, both new and existing players can bet the Kentucky Derby with free play. Although the max 8% horse racing rebate isn’t the biggest amount refunded by sites like these, it’s still great to have.

Areas for improvement with MyBookie are the range of cryptocurrencies as accepted payment options and customer support. Their competitors go further with both. No Live Chat is a shame, but the big maximum $500 reload bonus open to all and those sign up deals are where it’s at.

Pros

  • Max 8% horse racing rebate deal
  • Big reload bonus available to all
  • Futures betting on Kentucky Derby
  • Odds for key trials also on offer

Cons

  • No Live Chat for customer support
  • Only takes a few cryptocurrencies

BetUS – Triple Crown Specials & Saturday Stakes Money Back

BetUS Kentucky Derby betting page

At BetUS, oddsmakers are prepared to look beyond the Kentucky Derby. They offer special futures props betting on the Triple Crown. More on that and what it means for bettors below. BetUS also have their Saturday Stakes Money Back promo, which rebates $10 on losing picks in selected feature races.

With card and crypto bonuses available, you need a BetUS promo code to access these deals when signing up. There are Kentucky Derby betting lines in the futures market with a typical pari-mutuel service for daily horse racing. This has all thoroughbred and harness racing in America and beyond covered.

While it’s great that BetUS has dedicated bonuses, they actually accept surprisingly few crypto betting options among payment methods. You can still fund your wagers the old-fashioned way, though. There is good customer support including Live Chat and FAQs for if you need help.

Pros

  • US Triple Crown specials available
  • Saturday Stakes Money Back promo
  • Crypto bonus among sign up options
  • Futures betting on Kentucky Derby

Cons

  • Accepts just a few cryptocurrencies
  • Bonuses have rollover requirements

Bovada – Request Kentucky Derby Bets & Props

Bovada Kentucky Derby betting page

If you like the idea of requesting some Kentucky Derby betting odds sound, then you’ll love Bovada. They allow bettors to suggest props, then oddsmakers calculate the price for you. Pretty neat, right? Bovada also has the regular fixed odds Kentucky Derby futures market if you just want to bet on an outright win.

As they only offer a 5% horse racing rebate deal, that’s out of line with competitors. Bovada makes up for this in other ways. They are big on sign up bonuses and reload deals, especially if you deposit with Bitcoin when joining. Their Racebook has the usual pari-mutuel options for US and overseas races too.

Most of the deals need a Bovada promo code that unlocks them and come with rollover requirements as standard. Customer support here is also interesting. The Bovada Community instils a help each other out spirit with fellow bettors discussing topics. There isn’t any Live Chat among customer support options, though.

Pros

  • Request your own Kentucky Derby bets
  • Futures betting and Props available
  • Bitcoin friendly offshore betting site
  • FAQs & help from Bovada Community

Cons

  • Doesn’t have a Live Chat function
  • Only 5% horse racing rebate deal

Types of Kentucky Derby Betting Promo Offers

The offers available on the Kentucky Derby usually have one or other of the following target audiences. Deals are either for new players signing up to a site or open to all bettors. These are the most popular types of Kentucky Derby betting promo out there:

Sign Up Bonus

With the direct aim of attracting new bettors to the table, more sign up offers include betting on the Kentucky Derby than you may realize. As you can wager on the race’s futures odds through the Sportsbook, welcome bonuses could if you wanted to include this event.

All of our top offshore Kentucky Derby betting sites offer a sign up deal and use promo codes as the route to unlock them. You will need to deposit using an accepted payment method compatible with the promo. Don’t forget about rollover requirements when you have bet the bonus.

Reload Bonus

Casting the net wider are reload bonuses. These are open to all players, new and old. Again, as the Kentucky Derby future odds are accessible through Sportsbooks, such deals can include the run for the roses. Reload bonuses are pretty simple really.

Deposit to your account with the betting site using an accepted payment option, then receive a percentage bonus of free bets on top. Just like with the same rewards a sign up offer provides, reload bonuses mean you can bet on the Kentucky Derby without using your cash balance.

Horse Racing Rebate

Most of the top offshore betting sites include a horse racing rebate deal among their promos. Whether it’s on a daily or weekly basis, or featured events, a set percentage of your net losses gets refunded. This deal mainly applies to pari-mutuel betting on Racebooks.

Exotic bets always have a higher percentage rebate than straight win, place or show wagers. If your picks go together in an Exacta or a more complex bet, it only seems fair that a larger portion of any losses comes back as a refund. Check to see if horse racing rebates are available in connection with betting the Kentucky Derby.

Free Play

Free Play deals apply to your first Racebook pari-mutuel bets on some of the leading betting sites. If you pick loses, then email details of the wager to customer support. They compensate you with a full refund or token, which again means your next bet isn’t with real cash.

Although that means the stake won’t be returned, Free Play gives you another chance to pick a winner. This is a free hit first time up wagering on the horses. This deal may also be available with Kentucky Derby betting online, depending on the site.

Triple Crown Specials

We promised earlier to explain the concept of the Triple Crown. Any thoroughbred racehorse that wins the Kentucky Derby has achieved the first leg of this. If they go on to follow-up in the Preakness Stakes at Pimlico in Baltimore and also take the Belmont Stakes at Belmont Park, then they are a Triple Crown winner.

This is a very rare feat indeed. Just 13 thoroughbreds in US horse racing history completed the Triple Crown. While Justify and American Pharoah delivered the goods in recent years, they are the only two since 1978 to do so.

Many Triple Crown bids faltered in the Preakness or during the final leg at Belmont Park just outside New York City. Some of the top offshore betting sites offer a special futures Props market on named racehorses doing it before the Kentucky Derby takes place.

Kentucky Derby Betting Markets Explained

When betting the Kentucky Derby, you either have the option of wagering ahead of time or pari-mutuel markets. There are pros and cons to both. Let’s look at both in more detail:

Kentucky Derby Future Odds

Some bettors like to get their wagers on Kentucky Derby betting sites early. This makes sense as the odds available are often longer than if you wait. Bigger is better when it comes to betting the Kentucky Derby. The greater the odds, the greater the payouts.

Futures odds come with risks attached, however. There are no guarantees of a run for your money. That means if your pick gets injured before the big day at Churchill Downs, you lose the stake. Balancing risk and reward lies at the heart of wagering on all big sporting events.

Another popular bet ahead of time is the Kentucky Oaks & Derby Double future wager. Here, you must pick the winner of both feature races during the big meet at Churchill Downs. Both legs of the wager must win for payouts with the odds for each multiplied together.

Pari-Mutuel Betting on the Kentucky Derby

Also called pool betting, pari-mutuel wagers don’t have a set price. They are instead based on the amount of interest in a horse from bettors in a race. Kentucky Derby betting payouts are thus calculated afterwards here.

You can place Straight bets for a Win, Place or Show, or go for one of the Exotic wagers. We explain both types of pari-mutuel markets for betting the Kentucky Derby below and what they mean. Check out the details:

Straight Bets

If you want keep Kentucky Derby betting simple, then Straight bets are the wagers for you. There are four different options available to you in this pari-mutuel market:

  • Win – When you bet on which horse will win the race. It doesn’t get any more straightforward than that.
  • Place – A wager for your pick to finish first or second in the race. Either finishing spot will do for a payout.
  • Show – Making the Show is a term for finishing in the first of a horse race. A Show bet is for your pick to fill one of those spots.
  • Across the Board – You can combine Win, Place and Show wagers on the same horse into one bet. This is called Across the Board. Your unit stake triples, because there are three chances of payouts.

Exotic Bets

The Exotic bets, meanwhile are for more experienced bettors. These are also complex wagers where you pick two or more horses in the same race. Here are the five most popular Exotics:

  • Exacta – Pick two horses to finish first and second in a race in a set order.
  • Quinella – Pick two horses to finish first and second in race but in any order. Your unit stake doubles to cover both potential outcomes on the track. Only one permutation can win.
  • Trifecta – A Kentucky Derby betting trifecta is where you pick three (or more) horses to finish first, second and third in a race. A straight trifecta is a set order like an Exacta, but you can add more selections by “boxing” and “wheeling” these Exotic wagers.
  • Superfecta – Now things get tough. Pick four (or more) horses to finish first, second, third and fourth in a race.
  • Super Hi-Five – The ultimate test for pro bettors and handicaps. Pick five (or more) horses to finish first, second, third, fourth and fifth in a race. Expect a massive payout if you can pull this wager off.

How to Sign Up for Betting on Kentucky Derby

Joining a Kentucky Derby betting online site is a cakewalk. Just follow these five steps and you’ll not only have signed up to one of our top offshore wagering sites but placed the bet on your Churchill Downs pick too:

Step 1: Fill in Your Credentials

Step 1 - Register a new account

The registration process begins by hitting a button that says “Join” or “Sign Up”. Enter your credentials and personal information like name, date of birth, email address and zip code. You will also need to create a password for your betting account.

Step 2: Accept Terms & Conditions

Step 2 - Accept the Ts & Cs

Before you go any further, you must accept the T&Cs of the site. You can also opt-in for info about Kentucky Derby promo offers and other deals sent via email by joining the mailing list.

Step 3: Make a Deposit

Step 3 - Pick a payment method

Now choose a payment option for funding your account and wagers. All of the top offshore gambling sites we recommend accept bank cards like MasterCard and Visa, but also cryptocurrencies including Bitcoin and others.

Step 4: Pick a Bonus

Step 4 - Choose your welcome offer

Next, select the sign up bonus you want. For betting on Kentucky Derby futures markets, you’ll need a sportsbook welcome offer. Picking casino bonuses won’t help you bet on “The Run for the Roses”.

Step 5: Bet the Kentucky Derby

Step 5 - Place your Derby bets

Finally, find the Kentucky Derby horse betting. If it’s the fixed odds futures market you want, then that can be found through the Sportsbook. Visit the Racebook for pari-mutuel betting on the day. Add your picks to the betslip, enter your stake and confirm the wagers.

Kentucky Derby 2022 Betting – Key Trials Winners

It’s smart Kentucky Derby betting strategy to know the horses who won key trials on the road to Churchill Downs. The table below lists the winners of 15 recognized prep races for this world-famous event:

Kentucky Derby Trial Winner Racetrack Month Distance Grade
Risen Star Stakes Epicenter Fair Grounds, New Orleans, LA Feb 9f 2
Rebel Stakes Un Ojo Oaklawn Park, Hot Springs, AR Feb 1m½f 2
Gotham Stakes Morello Aqueduct, Queens, New York City, NY March 1m 3
San Felipe Stakes Forbidden Kingdom Santa Anita Park, Arcadia, CA March 1m½f 2
Fountain Of Youth Stakes Simplification Gulfstream Park, Hallandale Beach, FL March 9f 2
Tampa Bay Derby Classic Causeway Tampa Bay Downs, Westchase, Oldsmar, FL March 1m½f 2
Louisiana Derby Epicenter Fair Grounds, New Orleans, LA March 9½f 2
Sunland Derby Slow Down Andy Sunland Park, NM near El Paso, TX March 9f 3
Florida Derby White Abarrio Gulfstream Park, Hallandale Beach, FL April 9f 1
Jeff Ruby Stakes Tiz The Bomb Turfway Park, Florence, KY April 9f 3
Arkansas Derby Cyberknife Oaklawn Park, Hot Springs, AR April 9f 1
Blue Grass Stakes Zandon Keeneland, Lexington, KY April 9f 1
Wood Memorial Stakes Mo Donegal Aqueduct, Queens, New York City, NY April 9f 2
Santa Anita Derby Taiba Santa Anita Park, Arcadia, CA April 9f 1
Lexington Stakes Tawny Port Keeneland, Lexington, KY April 9f 3

Kentucky Derby Betting Odds – Who This Year’s Favorites Are

Check out the Kentucky Derby 2022 early favorites and their futures betting prices in the table below. All odds quoted are subject to change and a reflection of implied probability. The smaller the number, then the stronger that horse is in the market:

Horse BetOnline XBet MyBookie BetUS Bovada BUSR
Epicenter +500 +500 +500 +450 +300 +500
Zandon +500 +550 +550 +500 +500 +550
Taiba +700 +550 +550 +750 +600 +550
Messier +800 +600 +600 +900 +700 +600
White Abarrio +1000 +1025 +1025 +1150 +1200 +1025
Mo Donegal +1200 +1230 +1230 +900 +1100 +1230
Smile Happy +1600 +1635 +1635 +1700 +1600 +1635
Charge It +1600 +1415 +1415 +1350 +1200 +1415
Crown Pride +2500 +1500 +1500 +2800 +2000 +1500
Cyberknife +2200 +1840 +1840 +2000 +1600 +1840
Simplification +2500 +2600 +2600 +2100 +2200 +2600
Zozos +2500 +3120 +3120 +2200 +3300 +3120
Tiz The Bomb +3300 +3120 +3120 +2700 +2800 +3120
Pioneer Of Medina +4000 +4050 +4050 +3100 +3300 +4050
Barber Road +3300 +3700 +3700 +3600 +4000 +3700
Classic Causeway +3300 +3300 +3300 +3300 +4000 +3300
Tawny Port +3300 +5500 +5500 +3500 +5000 +5500
Happy Jack +6600 +7500 +7500 +6000 +6600 +7500
Summer Is Tomorrow +6600 +9000 +9000 +6500 +6600 +9000
Ethereal Road +6600 +5500 +5500 +6100 +6600 +5500

Previous Kentucky Derby Winners

It could prove handy if you know about recent winners of the Kentucky Derby. The same horse from last year or before can’t come back and compete at Churchill Downs in the race again, because it is for three-year-olds only.

The table below shows the Kentucky Derby betting results of past winners, their trainers and jockeys. This helps you see if favorites have a good record in “The Run for the Roses”. You should also know there are a couple of amended results from recent times:

Year Kentucky Derby Winner Trainer Jockey Final Odds
2021 Mandaloun * Brad Cox Florent Geroux 26.90
2020 Authentic Bob Baffert John Velazquez 8.40
2019 Country House ** William Mott Flavien Prat 65.20
2018 Justify Bob Baffert Mike Smith 2.90
2017 Always Dreaming Todd Pletcher John Velazquez 4.70
2016 Nyquist Doug 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 McGaughey Joel Rosario 5.40
2012 I’ll Have Another Doug O’Neill Mario Gutierrez 15.30

* Medina Spirit was first past the post in 2021 but was later disqualified after failing a drugs test

** Maximum Security was first past the post in 2019 was disqualified on appeal after causing interference with other horses

Best Kentucky Derby Betting App

A worldwide revolution in mobile gambling means placing wagers has never been easier. The rise of betting apps for Android powered smartphones and iPhones from Apple really was a gamechanger. These streamlined gambling experiences let you bet on the go anywhere with an internet connection.

That means there are some great Kentucky Derby betting apps out there. These allow you to place both fixed odds futures wagers and pari-mutuel bets on all the action from Churchill Downs on your smartphone or tablet. Download the app for any of our top offshore betting sites, the perfect companion for mobile gambling.

Top Kentucky Derby Betting Tips

Want to know how to bet on the Kentucky Derby 2022? Our expert handicappers have some helpful hints and advice. Following this doesn’t come with any guarantees that you’ll pick the winner but at least you should make better decisions as a bettor:

1. Check Thoroughbred Pedigrees

As none of the key trials listed above take place over the 10 furlongs Kentucky Derby distance or at Churchill Downs, investigating racehorses’ breeding is important. The winner will have to stay half-a-furlong and upwards further than any of the prep races.

Pedigrees are a window into the thoroughbred world. If the sire (father) or dam (mother) of a racehorse won over 10 furlongs or at Churchill Downs, then that animal checks plenty of boxes. Checking out how a horse’s siblings fared on the track should also be of interest.

2. Look at Results of Trials

Form is the other key area that expert handicappers look at it. Will a horse improve for stepping up in distance after shaping nicely and running on well in defeat near the finish? These are things you can take educated guesses at.

When a horse wins a Kentucky Derby trial, its futures odds will naturally be slashed by oddsmakers. It could pay to look beyond winners, although those successful in the Arkansas Derby, Florida Derby and Santa Anita Derby have all gone on to glory at Churchill Downs.

3. It’s Not Just About Win Wagers

There are plenty of other pari-mutuel markets available to bettors listed above besides a simple win. Place and Show wagers can still give healthy Kentucky Derby betting payouts if you pick a horse that runs into the frame behind the winner.

Consider the Across the Board option too. Although the unit stake is three times a standard bet, you cover all bases on the Show in doing so. You could still end up in profit if your pick finishes second. While the Win wager loses, both the Place and Show bets payout.

4. Select a Bonus

Signing up to an offshore betting site is good Kentucky Derby betting strategy too. You can take advantage of the Sportsbook welcome bonus and bet it on the big race through the futures odds. In the event that a Racebook sign up offer is available, then that too is worth thinking about for pari-mutuel wagers.

The great thing about these deals is you can bet the bonus on the Kentucky Derby instead of real cash. If your pick loses, then you haven’t lost any money.  You could also cover any bonus funds from your cash balance after making a deposit by betting on another horse.

5. Read Expert Picks from Handicappers

Pro handicappers are falling over themselves in the rush to give their picks for Churchill Downs. No Kentucky Derby betting tips would be complete without listening to the experts. You can take them at face value or dig a little deeper.

If it interests you, then try to find out why a tipster picked a certain horse. Depending on how early handicappers make their selections, it could influence the betting odds for the Kentucky Derby. You won’t want to miss the price in the futures market, so get your wagers on early.

Betting on Kentucky Derby Near Me

With off-track betting facilities (OTBs) and racetracks in more than 40 US states, Kentucky Derby betting near you is easy as pie. Throughout mainland America, you can wager on this big race. Get a line on the Las Vegas odds for the Kentucky Derby 2022 right now.

Betting on the Kentucky Derby is simpler now that legalized gambling is coming in across the USA.  Horse racing wagers through Florida sportsbooks operating offshore, for example, is legal with this the only sport in the Sunshine State to enjoy that privilege.

If you live in the Commonwealth of Kentucky, then the Bluegrass State of course allows pari-mutuel wagers on its most famous sports event. Look out for on-course facilities to take your bets at Churchill Downs. Gambling online with offshore Kentucky sportsbooks is also an option.

Kentucky Derby Stats & History

As our Kentucky Derby betting guide comes towards its end, you can understand “the Run for the Roses” better if you know its history. Here are some key facts and stats about the big race:

  • Inaugurated: 1875
  • Race Distance: 10 furlongs (a mile-and-a-quarter, c. 2km)
  • Race Open to: Qualifying three-year-old thoroughbred racehorses
  • Race Purse: $3,000,000 with $1,860,000 for the winner
  • Track Configuration: Counter-clockwise
  • Track Record: 1:59.40 – Secretariat (1973)
  • Track Surface: Dirt
  • Winningest Jockey: Eddie Arcaro and Bill Hartack (5 times each)
  • Winningest Still Active Jockey: John Velazquez (3 times)
  • Winningest Trainer: Ben Jones and Bob Baffert (6 times each)

Best Betting Site for Kentucky Derby 2022 Betting

For the top Kentucky Derby betting lines, bettors should check out our recommended offshore site. This checks so many boxes if you want to wager on the big one at Churchill Downs.

Top Rated Kentucky Derby Betting Site

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