Current Odds on Kentucky Derby
Naturally, after finding the racebook you want to place your wagers on the event with, the next step is to look at the current odds on Kentucky Derby. We at How To Bet have got you covered. Here are the latest betting lines on the favorites, contenders, and underdogs, presented by the official partner of this super horse racing event – TwinSpires. Our team will update them regularly so that you see the latest Kentucky Derby odds possible.
|Horse Name||ML Odds||Post Position||Trainer||Jockey|
|Zandon||3-1||10||Chad Brown||Flavien Prat|
|Epicenter||7-2||3||Steven M. Asmussen||Joel Rosario|
|Messier||8-1||6||Tim Yakteen||John Velazquez|
|Mo Donegal||10-1||1||Todd Pletcher||Irad Ortiz Jr.|
|White Abarrio||10-1||15||Saffie Joseph, Jr.||Tyler Gaffalione|
|Taiba||12-1||12||Tim Yakteen||Mike Smith|
|Smile Happy||20-1||5||Kenneth G. McPeek||Corey Lanerie|
|Crown Pride||20-1||7||Koichi Shintani||Christophe Lemaire|
|Charge It||20-1||8||Todd Pletcher||Luis Saez|
|Simplification||20-1||13||Antonio Sano||Jose Ortiz|
|Cyberknife||20-1||16||Brad Cox||Florent Geroux|
|Zozos||20-1||19||Brad Cox||Manny Franco|
|Happy Jack||30-1||2||Doug O’Neill||Rafael Bejarano|
|Summer Is Tomorrow||30-1||4||Bhupat Seemar||Mickael Barzalona|
|Tiz the Bomb||30-1||9||Kenny McPeek||Brian Hernandez Jr.|
|Pioneer of Medina||30-1||11||Todd Pletcher||Joe Bravo|
|Barber Road||30-1||14||John Ortiz||Reylu Gutierrez|
|Classic Causeway||30-1||17||Brian Lynch||Julien Leparoux|
|Tawny Port||30-1||18||Brad Cox||Ricardo Santana Jr.|
|Ethereal Road||30-1||20||D. Wayne Lukas||Luis Contreras|
|Rich Strike||30-1||21||Eric Reed||Sonny Leon|
|Rattle N Roll||30-1||22||Kenny McPeek||James Graham|
*Current Kentucky Derby odds are taken from the official racebook TwinSpires and were last updated on May 4, 2022.
Kentucky Derby Odds Before the 2021 Race
After seeing the latest Kentucky Derby 2022 odds, let’s show you the ones before last year’s race. As you will see for yourselves, four out of the Top 5 horses had morning line odds of 50-1, but the winner’s (Known Agenda) were pretty short at 6-1. Most of the time, favorites tend to win in Churchill Downs, as the next table after this one will show you. But first, take a look at the odds before last year’s event.
|Post||Horse||ML Odds||RTKD Points||Trainer||Jockey|
|1||Known Agenda||6-1||102||Todd Pletcher||Irad Ortiz Jr.|
|2||Like the King||50-1||104||Wesley Ward||Drayden Van Dyke|
|3||Brooklyn Strong||50-1||10||Daniel Velazquez||Umberto Rispoli|
|4||Keepmeinmind||50-1||18||Robertino Diodoro||David Cohen|
|5||Sainthood||50-1||45||Todd Pletcher||Corey Lanerie|
|6||O Besos||20-1||25||Greg Foley||Marcellino Pedroza|
|7||Mandaloun||15-1||52||Brad Cox||Florent Geroux|
|8||Medina Spirit||15-1||74||Bob Baffert||John Velazquez|
|9||Hot Rod Charlie||8-1||110||Doug O'Neill||Flavien Prat|
|10||Midnight Bourbon||20-1||66||Steve Asmussen||Mike Smith|
|11||Dynamic One||20-1||40||Todd Pletcher||Jose Ortiz|
|12||Helium||50-1||50||Mark Casse||Julien Leparoux|
|13||Hidden Stash||50-1||32||Vicki Oliver||Rafael Bejarano|
|14||Essential Quality||2-1||140||Brad Cox||Luis Saez|
|15||Rock Your World||5-1||100||John Sadler||Joel Rosario|
|16||King Fury||20-1||20||Kenny McPeek||Brian Hernandez, Jr.|
|17||Highly Motivated||10-1||50||Chad Brown||Javier Castellano|
|18||Super Stock||30-1||109||Steve Asmussen||Ricardo Santana, Jr.|
|19||Soup and Sandwich||30-1||40||Mark Casse||Tyler Gaffalione|
|20||Bourbonic||30-1||100||Todd Pletcher||Kendrick Carmouche|
Before-the-Race Kentucky Derby Odds Since 2000
In the previous section we’ve mentioned that favorites tend to win at Churchill Downs. Since 2000, there have been 13 horses with odds of up to 8-1 to finish first, mostly on a fast track, and in 4 more cases we’ve had winners with odds of up to 15-1. Underdogs like Country House (65-1, 2019), Mine That Bird (51-1, 2009), and Giacomo (50-1, 2005) happen to triumph on rare occasions, mostly on a sloppy track. So, when betting on the Kentucky Derby, keep that in mind.
|2021||Medina Spirit / Mandaloun*||15-1 / 15-1||2:01.36||Fast||Santa Anita Derby (Won)||Bob Baffert / Brad Cox||John Velazquez / Florent Geroux|
|2020||Authentic||8-1||2:00.61||Fast||Haskell Stakes (Won)||Bob Baffert||John Velazquez|
|2019||Country House||65-1||2:03.93||Sloppy||Arkansas Derby (3rd)||Bill Mott||Flavien Prat|
|2018||Justify**||3-1||2:04.20||Sloppy||Santa Anita Derby (Won)||Bob Baffert||Mike Smith|
|2017||Always Dreaming||9-2||2:03.59||Wet||Florida Derby (Won)||Todd Pletcher||John Velazquez|
|2016||Nyquist||5-2||2:01.31||Fast||Florida Derby (Won)||Doug O’Neill||Mario Gutierrez|
|2015||American Pharoah**||3-1||2:03.02||Fast||Arkansas Derby (3rd)||Bob Baffert||Victor Espinoza|
|2014||California Chrome||5-2||2:03.66||Fast||Santa Anita Derby (Won)||Art Sherman||Victor Espinoza|
|2013||Orb||5-1||2:02.89||Sloppy||Florida Derby (Won)||Shug McGaughey||Joel Rosario|
|2012||I’ll Have Another||15-1||2:01.83||Fast||Santa Anita Derby (Won)||Doug O’Neill||Mario Gutierrez|
|2011||Animal Kingdom||21-1||2:02.04||Fast||N/A||H. Graham Motion||John Velazquez|
|2010||Super Saver||8-1||2:04.45||Sloppy||N/A||Todd Pletcher||Calvin Borel|
|2009||Mine That Bird||51-1||2:02.66||Sloppy||N/A||Bennie Woolley Jr.||Calvin Borel|
|2008||Big Brown||7-2||2:01.82||Fast||N/A||Richard Dutrow, Jr.||Kent Desormeaux|
|2007||Street Sense||9-2||2:02.17||Fast||N/A||Carl Nafzger||Calvin Borel|
|2006||Barbaro||6-1||2:01.36||Fast||N/A||Michael Matz||Edgar Prado|
|2005||Giacomo||50-1||2:02.75||Fast||N/A||John Shirreffs||Mike Smith|
|2004||Smarty Jones||4-1||2:04.06||Sloppy||N/A||John Servis||Stewart Elliott|
|2003||Funny Cide||12-1||2:01.19||Fast||N/A||Barclay Tagg||José Santos|
|2002||War Emblem||20-1||2:01.13||Fast||N/A||Bob Baffert||Victor Espinoza|
|2001||Monarchos||10-1||1:59.97||Fast||N/A||John T. Ward, Jr.||Jorge Chavez|
|2000||Fusaichi Pegasus||2-1||2:01.12||Fast||N/A||Neil D. Drysdale||Kent Desormeaux|
*Medina Spirit was disqualified for failing a postrace drug test and Mandaloun was declared the winner. Bettors who backed Mandaloun could not cash their tickets though, because the order of the finish was previously declared “official”. Both horses had the same Kentucky Derby odds (15-1) before the race.
** Triple Crown Winner
Types of Kentucky Derby Bets
If you are wondering what types of Kentucky Derby bets you can try this year, it is good to know there are nearly countless ways to wager on the race, regardless of your bankroll and your risk tolerance.
For those of you looking for a low risk bet, a simple win or place wager might be in order. If you are looking to make a big score, betting on the Kentucky Derby offers that as well.
Here are the main wagers offered at Churchill Downs. Check them and then you will know much more about how to bet on horses.
If you wager $2 to Win on your horse, you collect only if it finishes first. A $2 win wager on the 2021 winner Medina Spirit returned $26.20.
If you wager $2 to Place, your horse must finish first or second for you to collect. But remember, you don’t get the Win payoff, just the Place payoff, which is generally smaller than the win one. Medina Spirit paid $12.00 to place in 2021.
If you wager $2 to Show, your horse must finish first, second, or third. Remember though that you only collect the Show payoff, because three different horses get paid off. Medina Spirit returned $7.60 to show while 25-1 longshot Mandaloun paid $13.40, and third place finisher Hot Rod Charlie paid $5.20.
The Exacta involves selecting the top two finishers in the race in exact order. A common way to play an Exacta would be a $2 Exacta box. If you liked the #1 and #2 horses, a $2 Exacta box would cost $4. If those two horses ran first and second in either order, you win. In 2021 the Medina Spirit-Mandaloun exacta paid $503.60. Over the last 22 years, the average exacta has returned $935. The high was $3,010 in 2019 and the low was $31 in 2016.
This is not one of the popular types of wagers and you won’t see it at every track. It gives you a bit of breathing space though, as you have to select the top two finishers, but not in the exact order.
Hitting a Trifecta gets a bit harder as it involves correctly selecting the top three finishers in exact order, no easy task in a 20-horse field. The average $1 payoff for a trifecta dating back two decades is $6,686. While boxing three horses in the trifecta for $1 is just $6, it gets pricier as you add more horses. A $1 trifecta box using five horses costs $60.
It is generally better to key one or two horses (the contenders you have the strongest opinions on) in the top spot and spread in the second and third spots. For example here are a few ways to get good coverage with modest investments on a $1 increment:
1,2 with 1,2,3 with 1,2,3,4,5,6 = $16
1,2 with 1,2,3,4 with 1,2,3,4,5,6 = $24
1,2,3 with 1,2,3,4 with 1,2,3,4,5,6 = $36
There is good news for bettors with smaller bankrolls. Most tracks, including Churchill Downs, lowered the increment on trifectas from $1 to $0.50 in the past few years, meaning you can spread more and cover more horses you think have a shot of landing in the money.
The Superfecta gets even harder, as you must correctly select the top four finishers in the race. Most tracks have lowered the Superfecta bet increment to $0.10, including the 2020 Kentucky Derby. However, Churchill Downs raised it back up to $1 for the 2021 running.
The Superfecta can lead to a huge score in the Kentucky Derby, as the $1 return over the last 22 years has averaged $64,615 with a high of $432,127 in 2005 when longshot Giacomo pulled off the big upset. We have seen a few small Superfectas in recent years with favorites winning. Nyquist topped a $542 payoff in 2016 and with American Pharoah on top paying $634 in 2015, but overall expect to see a big payoff if you are able to solve this puzzle.
Other Exotic Wagers
There are countless other wagers on Kentucky Derby Day including horizontal wagers like the Pick 3, Pick 4, Pick 5, and Pick 6 wagers that include the Kentucky Derby and other races on the card. There are daily doubles, wagers involving races combining Oaks Day and Derby Day and even a Super High Five which involves selecting the top five finishers of the Derby. The $1 payoff in the 2021 Super High Five was $296,769.
Kentucky Derby Future Wager
Did you know you can wager on the winner months in advance? Churchill Downs hosts five separate Kentucky Derby Future Pools, starting in November where horseplayers can get an early bet on who they think will cross the finish line first.
The pools are limited to 23 separate Kentucky Derby betting interests and a 24th is “All Others”, which consists of every other Triple Crown nominated horse. “All Others” was the betting favorite in the first three pools in 2021. By the time Pool 4 came around in March, bettors had a pretty good idea of the top contenders and “All Others” drifted up to 7-1, while Life Is Good was bet down to 2-1. Medina Spirit, the eventual winner (before being disqualified), was 39-1 in Pool 4.
The last Kentucky Derby Future Wager Pool closed on March 28, with five major Derby preps still to be run. Essential Quality was the favorite at 4-1 while Medina Spirit closed at 13-1.
Value can be occasionally found in the Kentucky Derby Future Wager, but you have to remember there are no refunds if your selection does not make it to Louisville on the first Saturday of May. Just weeks after Life Is Good was bet down to the favorite in Pool 4, the colt suffered an injury that knocked him off the Kentucky Derby trail, leaving his backers with worthless tickets.
How to Bet on the Kentucky Derby Online
If you are not heading out to the track to wager on the event, doing your Kentucky Derby betting online is the best way.
It is a good idea to sign up with an online racebook in advance of the big race and there are plenty of incentives waiting for you. New players can get a generous sign-up bonus, player rewards, free past performances, and more at the top rated legal racebooks in the US. See the steps below and go win some money online.
- Sign up with the racebook(s) of your choice – Don’t forget to take advantage of the best bonus & promo offers.
- Fund your new account – Pick the deposit method offered that suits your preference best. Our advice is to register and deposit in the days prior to the mega event.
- Look around the web for high quality Kentucky Derby picks, predictions, and statistics – Keep yourself updated with the latest news from trusted sources too.
- Pick your Kentucky Derby best bets and place them! – Hopefully, you’ll succeed and be able to withdraw your winnings.
If you want to pick your racebook now, here are some of the top rated ones. Remember that the more you join, the more bonuses and promotions you could take advantage of, and line shopping will bring you more opportunities to find optimal value for your Kentucky Derby bets.
Where to Bet on the Kentucky Derby
The official platform for Kentucky Derby betting, TwinSpires is one of the most popular racebooks in the US. In addition to a generous sign-up bonus, this company offers free past performances and handicapping resources, and also live streaming of the races and instant replays on their platform. TwinSpires is known for its VIP Elite program with great player rewards too. This operator is giving you enormous flexibility to wager from many different sources: web, nobile, tablet, app, and phone line. TwinSpires is 100% safe and secure, as it is licensed and legal to bet with.
All in all, this is the most recognised and trusted brand in the horse racing betting world.