The Kentucky Derby is the biggest horse race of the year in North America and one of the biggest in the world. In some parts of the United States, the Kentucky Derby is treated almost like a holiday complete with people taking off work, hosting watch parties and (of course) betting on who will win it this year.
Betting and horse racing are intimately intertwined, and the Kentucky Derby is one of the most extreme examples of this. Last year, the Kentucky Derby attracted nearly $140 million in total wagers from legal, trackable sources just in the USA.
Learn how to bet the Kentucky Derby, get live odds, and bet online at twinspires.com, the official wagering site of the Kentucky Derby. Horses Plan Your Visit Watch. Bovada has three main types of betting markets for the Kentucky Derby 2018: Kentucky Derby Future Bets; Kentucky Derby Odds & Positions; Kentucky Derby Prop Bets What's more is that Bovada accepts all players from the USA and have been voted as the number one bookmakers in the US. These are the odds for the Kentucky Derby. The 2020 Kentucky Derby date is Saturday, September 5, and if you live in Kentucky or go to the actual track itself, you can place legal wagers through sites operated by Churchill Downs. Kentucky is a state. Location: Churchill Downs in Louisville, Kentucky. Best Places to Bet Online: Check out our chart of top Kentucky Derby betting websites at the top of this page. Bet Timing: You can begin placing wagers now on the big race. As it gets closer to the day of the Derby, more betting.
Best Betting Sites for the 2018 Kentucky Derby
Where To Bet Kentucky Derby Online
Those lucky enough to attend the 2018 Kentucky Derby in person are far from the only people who will be betting on the race this year. No matter where you live, there is a way to bet on the Kentucky Derby. Whether you live in the United States or anywhere else in the world, you can bet on the Kentucky Derby online and watch this year’s race with something on the line.
The best website to bet on the Kentucky Derby is different if you live in the United States versus anywhere else in the world, so we’ll tackle this subject in two stages. Let’s begin with our horse racing fans in the USA.
If you live anywhere else, click here to skip down to the relevant portion of today’s post.
Best USA Betting Sites for the Kentucky Derby
Horse racing betting is one of the few forms of online gaming in the USA where is no legal grey area. Licensed betting sites such as BetAmerica and TwinSpires comply with all federal and state laws so there is no question regarding their legality.
Kentucky Derby Contenders & Odds
Betting with Legal US Racebooks
There are three major advantages to betting at a site such as BetAmerica or TwinSpires that is licensed in the USA:
- 100% Legal: Unlike other forms of online betting, horse racing does not operate in murky legal waters. When you bet at a licensed racebook, there are absolutely no questions that it is 100% legal.
- Based in the USA: It’s nice doing business with sites that are based in the USA because you know they must adhere to US law and there is legal recourse if something goes wrong. You also get all the benefits of knowing these sites are regulated and monitored by local licensing authorities.
- Paid at full track odds: One of the best things about betting at licensed US racebooks is that all wagers taken online are pooled with the wagers taken at the track. This creates bigger betting pools and also ensures that you will be paid at full track odds – the same as if you would have placed the bet in-person at the track.
- Easy deposits and withdrawals: Because these sites are legal and licensed, financial firms are not afraid to work with them in order to process transactions for customers. Thus, it is much faster and easier to make deposits and receive withdrawals at US-licensed sites than it is at offshore sportsbooks.
Best Kentucky Derby Betting Sites for Everyone Else
Our readers who live in the rest of the world have many more options as far as choosing where to bet online. Racebets.com, ComeOn, and William Hill are just a few of the many dozens of licensed, reputable and safe betting apps our international readers have at their disposal.
In fact, those are my three top picks for anyone interested in betting on the 2018 Kentucky Derby from anywhere outside the United States. These three sites hold licenses from the demanding UK Gambling Commission but are authorized to take wagers from many other countries as well.
Here’s a quick look at the top 10 as of 29 April:
2020 Kentucky Derby Contenders
Racebets.com is also one of my favorites for promotional offerings. If you visit the Racebets.com homepage and then click on “offers,” you’ll see a whole page full of promotions that add a lot of value to your time there. Any time I’m in need of a boost, Racebets.com is the first place I check.
Kentucky Derby Odds Update
Second Pick: ComeOn.com
ComeOn.com will be covering the Kentucky Derby as well and has already posted early odds on all anticipated runners. The promotional offerings at ComeOn are not quite as numerous as those at Racebets, but ComeOn is still a solid place when it comes to getting extra value for your action.
The latest odds on the top 10 runners at ComeOn.com as of 29 April are:
Where To Bet On Kentucky Derby Online
Third Pick: William Hill
William Hill is just a solid all-around bookmaker whose roots date all the way back to 1934. Very few bookmakers today come even close to William Hill in terms of history and experience. The promotional offering is a little weaker here than at Racebets or ComeOn, but William Hill does still offer a few special promotions for horse racing that you may want to consider.
Here are the odds on the top 10 Kentucky Derby runners as of 29 April at William Hill:
What does it mean when a horse offers odds of 3-1, or 9-1, or 24-1? The odds simply indicate the perceived chance of that particular horse reaching the winner’s circle. A horse listed at 9-1 is expected to lose nine times and win once from 10 attempts (10 being the sum of nine and one), which equates to a 10% chance of victory. A horses offering odds of 3-2 is expected to lose three times and win twice from five attempts, which represents a 40% chance of victory.Where To Bet On The Kentucky Derby Online
The odds also determine the payoffs for win bets. A 6-1 winner will return $6 of profit for every $1 wagered.