2023 Kentucky Derby Betting Preview

With the 2023 Kentucky Derby just a few days away, it's time to take a closer look from a horse racing betting perspective. We’ve rounded up everything you need to know to have the best chance possible to place a winning wager.

Where can I bet on the Kentucky Derby?

Where can you bet on the Kentucky Derby? That depends on what state you’re living in. Some states allow you to bet on horse racing legally online. Others do not. Similarly, some legal online sportsbooks offer horse racing markets. Other sports betting sites have separate horse racing apps connected to their sportsbooks. 

Here are a few of the online sportsbooks we recommend that have different ways for you to bet on the Kentucky Derby:

 
 
 
 

 

How to bet the Kentucky Derby

If you want to bet on the Kentucky Derby, you need to first familiarize yourself with the different horse racing pick types. There are a number of ways to bet on a horse race – including a win bet, place, show, exacta, or trifecta.

Watch the video below for a quick intro on how to bet the Kentucky Derby from Bettor Sports Network expert Marc Malusis.

The Kentucky Derby is set for Saturday, May 6th at Churchill Downs in Louisville, Kentucky. The video above offers a quick introduction to horse racing betting, plus our expert Kentucky Derby best bets. Be sure to subscribe to the Fantasy Alarm YouTube page and download the Bettor Sports Network app for more sports betting picks and content.

 

2023 Kentucky Derby Betting Odds

Before you make Kentucky Derby bets and horse racing betting picks, check out the current odds for this Saturday's race at Churchill Downs. These 2023 Kentucky Derby odds are via FanDuel Sportsbook at the time of this publishing. Feel free to shop around at different sportsbooks to find the best horse racing betting odds in your state. 

  • Forte – 3/1
  • Tapit Trice – 5/1
  • Angel of Empire – 8/1
  • Practical Move – 10/1
  • Derma Sotogake – 10/1
  • Two Phil's – 12/1
  • Kingsbarns – 12/1
  • Jace's Road – 15/1
  • Raise Cain – 15/1
  • Rocket Can – 15/1
  • Confidence Game – 20/1
  • Skinner – 20/1
  • Hit Show – 30/1
  • Disarm – 30/1 
  • Sun Thunder – 30/1
  • Lord Miles – 30/1
  • Reincarnate – 50/1
  • Continuar – 50/1

Want even more Kentucky Derby betting advice and horse racing best bets for this weekend? Tune into the Fantasy Alarm show on SiriusXM Fantasy Sports Radio this Friday at 7 pm ET as Marc Malusis joins Howard Bender and Jim Bowden to preview the race.

Also, whether you’re a new or experienced sports bettor, be sure to claim one of our exclusive bonus offers if you try a new sportsbook this weekend.