To bet on the Kentucky Derby, follow these steps and understand the common types of bets:
How to Bet on the Kentucky Derby
- Register with a Betting Platform
Sign up for an account on an official betting site like TwinSpires or FanDuel Racing, which offer live odds, race replays, and betting promotions
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Fund Your Account
Deposit money into your betting account to place wagers. -
Choose Your Bet Type
Common Kentucky Derby bets include:- Win: Bet on the horse to finish first.
- Place: Bet on the horse to finish first or second.
- Show: Bet on the horse to finish first, second, or third.
- Exacta: Pick the first and second place horses in exact order.
- Trifecta: Pick the first, second, and third place horses in exact order.
- Superfecta: Pick the first four horses in exact order.
- Super High Five: Pick the first five horses in exact order
- Select Your Horse(s)
Choose from the field of horses entered in the race. For example, top contenders in 2025 include Journalism (favorite at 3-1 odds), Sovereignty, and Sandman
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Place Your Bet
Enter the amount you want to wager and confirm your bet. -
Watch the Race
The Kentucky Derby typically starts in the early evening (e.g., 6:57 p.m. ET in 2025). Watch the race live on TV or streaming services to see if your bet wins
Additional Tips
- Early Betting (Futures Wager): You can bet early on the Kentucky Derby months before race day through "Kentucky Derby Futures Wager," which offers better odds and is available during several windows starting in November
- Betting on a Budget: Even with $30 to $125, you can place strategic bets like exactas, trifectas, or superfectas by spreading your wagers across combinations to maximize potential returns
- Expert Picks: Consider expert analysis and picks to guide your bets, especially for exotic wagers like exacta or trifecta
- Where to Bet: Use official platforms like TwinSpires, FanDuel Racing, or 1/ST BET for secure and legal betting
By following these steps and choosing your bets wisely, you can enjoy betting on the Kentucky Derby with a range of wager types and budgets