The current favorite with the best odds to win the Kentucky Derby is Renegade at +400 in the latest 2026 odds snapshot, with So Happy and Commandment also among the top tier at +500.
Top contenders
Here’s the short list from the most recent odds I found:
- Renegade — +400 favorite, about 20.0% implied win probability.
- So Happy — +500 co-favorite in early wagering.
- Commandment — also around +500 in early wagering and near the top of the board.
- Further Ado — +600, right behind the leaders.
What that means
In horse racing, lower odds mean the market sees a horse as more likely to win, so Renegade is the one most bettors would call the best-odds favorite right now.
Context
Odds can move a lot right before post time because of scratches, weather, and late betting, so the favorite can still change.
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