How Do I Bet On The Kentucky Derby

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A comprehensive guide on how to get started with horse racing betting and how to bet on the Kentucky Derby, in-person and online.

How to bet on the 2020 Kentucky Derby online. Our betting guide provides odds, betting strategy top horse racing sites to wager online. Gambling on a horse race isn't as daunting as it seems, if you know the lingo. The Kentucky Derby is a horse race held annually in Louisville, Kentucky, United States, almost always on the first Saturday in May, capping the two-week-long Kentucky Derby Festival. The competition is a Grade I stakes race for three-year-old Thoroughbreds at a distance of one and a quarter. Bet on the Kentucky Derby! Will there be a triple crown winner this year? Have you placed your futures bet or are you waiting to place a superfecta?

America’s biggest race, the Kentucky Derby, typically draws an enormous amount of fans to Louisville and Churchill Downs with more than 150,000 in attendance on Derby Day. But there are millions of other race fans who bet on the Kentucky Derby across the country, and many don’t even realize that they can do it from their mobile device or web browser in 33 states.

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Fans looking to wager on the race can turn to TVG, TwinSpires and BetAmerica for free and legal US horse race betting. In this article, we’ll walk you through how to sign up for these sites and receive free money to place your bets on the race.

On Deposit
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Best legal horse betting sites and apps for the Kentucky Derby

App / SiteiOSAndroidBonus
TVGYesYes$300 Risk-Free Bet
TwinspiresYesYes100% up to $100
BetAmericaYesYes$100 bonus on $500 wager

When betting the Kentucky Derby, the casual fan doesn’t want a race dissertation on pace and breakdown or all details and past performances of horses. Most fans and recreational bettors want to know a select few horses that they can bet on to win the race and add to their exotic picks and bets.

One of the premier places to watch and wager on the Kentucky Derby and other live races is TVG, a digital, cable and television network owned by the FanDuel Group. TVG offers a one-stop shop for all horse racing fans with online wagering, a betting app and live streaming and race results. No waiting in lines, delays or errors by race tellers.

BetAmerica is another top choice for horse racing. Owned by Churchill Downs, BetAmerica is also fully licensed, regulated and U.S. based website with options to bet on races from more than 400 tracks online or a mobile device. BetAmerica has free live horse race video streaming and handicapping information and tools along with contests and rewards programs not available when betting at a casino or race and sportsbook.

How to watch and wager on the Kentucky Derby

Betting on the Kentucky Derby online is easy once you’ve set up an account. When you bet on a horse to win, simply locate the track listing at Churchill Downs and the race number of the Kentucky Derby and select the horse number. Add it to your bet slip and confirm the amount of the win wager. The odds can change right up to post time of the Kentucky Derby. For added or multiple bets like exacta and trifecta, add all the selections to your betting slip and confirm the amount you want to wager and all combinations.

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For more details on the different types of Kentucky Derby bets, check out our complete betting guide.

How to sign up and create an account

Signing up for a wagering account to bet the Kentucky Derby is easy. You must be 18 years of age or older, 21 in the state of Washington and TVG users in Arizona, Indiana, Iowa and North Dakota must also be at least 21 years old.

  • Create an account: In just a few minutes you’ll be set up after providing your name, address, email, phone number, date of birth, last four of your social security number and creating a user name and password for your account.
  • Deposit funds and get free money: Use the links on this page for each site to take advantage of the free money bonuses. Deposit options vary but may include credit or debit card, PayPal, PayNearMe, MoneyGram, EZMoney, MoneyPack, Neteller, TeleCheck or prepaid card. Withdrawing funds is easy and efficient and each site has selected options similar to deposit. Once your deposit clears, bonus money will appear in your account within minutes.

States where you can bet the Kentucky Derby online

All three online sites at TVG, TwinSpires and BetAmerica allow online horse betting in these states:

  • Arkansas
  • Florida
  • Maryland
  • North Dakota
  • South Dakota
  • Vermont
  • Wyoming

In addition, TVG offers online horse betting in these states: Arizona, Colorado, Idaho, Illinois, Indiana, Minnesota, New Mexico, Virginia and Washington.

TwinSpires offers online horse betting in Alabama, Illinois, Kansas, Oklahoma, Pennsylvania, Washington and Wisconsin.

BetAmerica offers online horse betting in Colorado, Idaho, Indiana, Maine, Michigan, Minnesota and New Mexico.

It’s Kentucky Derby day! The Kentucky Derby is firmly ingrained in the betting culture of the United States. The Derby is the second most bet on sporting event in the country in a typical year, next to only the Super Bowl.

I know there are plenty of Americans who will be making their first bet online for this years Kentucky Derby. For this reason I wanted to create this guide to provide a simple step by step “how to” guide for new bettors to get some action on the Kentucky Derby.

On this page you will find our top rated betting site for the Derby, some early Kentucky Derby odds and a 3 step guide to getting your Kentucky Derby bet placed online within minutes.

Best Kentucky Derby Betting Site for Americans

SportsbookRatingBonusReviewVisit
50% up to $1000

BetOnline is our top rated site for betting on the Kentucky Derby. They have a terrific, easy to use racebook and they jack up horse racing profit limits to $100,000 for the Derby.

I will be using BetOnline for both the odds and the “how to guide” for betting on the Kentucky Derby below.

Kentucky Derby Win Odds

Here are the “to win” odds for the 2020 Kentucky Derby from BetOnline.ag. These odds are up to date as of race day, September 5th. I’ve included the 13 horses with 66/1 or better odds to win the Derby. To see the full list of current odds you should visit BetOnline.ag and select ‘Horse Racing’ -> ‘Horses Daily’ -> ‘Churchill Downs’ from the left sidebar in the ‘Sports’ section of the site.

  • Tiz The Law -150
  • Honor A.P. +550
  • Authentic +1000
  • NY Traffic +1600
  • Max Player +1800
  • Thousand Words +1800
  • Money Moves +2800
  • Sole Volante +3300
  • Enforceable +4000
  • Attachment Rate +4000
  • Storm The Court +5000
  • Major Fed +6600
  • Mr Big News +6600

**You can also bet on the Kentucky Derby through the ‘Racebook’ section of the BetOnline website by selecting ‘Churchill Downs’ under the ‘Thoroughbred’ drop down menu.

Tiz the Law is a huge favorite to win the race. This years Kentucky Derby was postponed from its usual date in May and this caused the Derby to be bumped to the second race of the 2020 Triple Crown after the Belmont Stakes went ahead as scheduled on June 20th. Tiz the Law won the Belmont Stakes and followed it up with another win at the Travers Stakes in August, so it makes sense that he’s the overwhelming favorite heading into the Kentucky Derby.

Bet On The Kentucky Derby from the USA – How To Guide

Follow these 3 simple steps to get your Kentucky Derby bets placed online in under 5 minutes.

Step 1. Open a BetOnline.ag Account

BetOnline is our top rated site for Americans looking to bet on the Kentucky Derby. They have a very easy to use racebook and they are focused on providing a great betting service to the American public.

Click the above link, click ‘Join Now’, and fill out the short form on the home page to open your account.

Step 2. Deposit

BetOnline accepts Visa, MasterCard, American Express, bitcoin, Skrill, Neteller and various other deposits. You can cash out your winnings through bitcoin, Skrill, Neteller, bank wire or cashiers check.

It’s quick and easy to get money into and out of your BetOnline account.

How To Bet On The Kentucky Derby Superfecta

Step 3. Place Your Derby Bets

It’s time to place your Kentucky Derby bets. Depending on what type of bet you want to make you can bet through the ‘Sports’ or ‘Racebook’ sections of the BetOnline website.

**You can now place all of your Derby bets in the ‘Racebook’ section of the site. Check out the ‘Racebook’ section below for that guide/screenshot.

Sportsbook (Fixed Odds)

If you’d like to place a bet on the Kentucky Derby with fixed odds you can do so in the ‘Sports’ section of the BetOnline website. Select ‘Sports’ from the top navigation bar and then select ‘Horse Racing’ followed by ‘Horses Daily’ and ‘Churchill Downs’. The “to win” odds for the Derby will be displayed under ‘September 5’. Here’s a screenshot with arrows showing how to find the Kentucky Derby odds.

Racebook (Parimutuel Betting System)

How Can I Bet On The Kentucky Derby Online

You can place the full variety of horse racing wagers on the Kentucky Derby through the Racebook. These bets will use the parimutuel betting system, which means the odds of your bet can change leading up to post time depending on the amount of money wagered on each horse.

Select ‘Racebook’ from the top navigation bar. Click on the ‘Thoroughbred’ drop down menu and select ‘Churchill Downs’. The Kentucky Derby will be race #14 on September 5th (post time of 7:01pm EST).

Select the bet you want to make (win/place/show, exacta, trifecta, etc), enter your wagers and click ‘Add To Bet Slip’. When you are happy with your bets click ‘Submit All Bets’ to lock them in.

Below is a screenshot of the Racebook for the 2020 Kentucky Derby showing some of the clicks.

Be sure to check out our horse race betting section for a further breakdown of the various bets you can make on the Derby on race day.

Are you ready to bet? Click here to visit BetOnline.ag.

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