The Kentucky Derby is dubbed as “the most exciting two minutes in sport”. It is one of the biggest horse racing betting events in the industry and in 2021 saw wagering top the $150 million mark. In this article, we’re going to take a look at the latest Kentucky Derby Odds to see who might prevail in this year’s race.
The Kentucky Derby, also known as “The Run for the Roses” is famed as one of the biggest events in US Sports. Five of the last 10 runnings have been won by Bob Baffert (3) or Doug O’Neil (2) with Baffert’s all-conquering American Pharoah winning in 2015.
Current Kentucky Derby Odds 2022
Most of the Derby trials have already been completed, and we’ll look at those in more detail further down the page, to get a better understanding of the Kentucky Derby odds for 2022! And, in the table below, you can check out all the current Kentucky Derby 2022 odds at our hand-picked horse betting sportsbooks.
As an example, you can see the American money line odds. So, with BetUS, Epicenter is priced at +350.
Tiz The Bomb
Pioneer Of Medina
Summer Is Tomorrow
Other Top Racebooks for Kentucky Derby Odds
The list below features our top 10 Kentucky Derby sportsbooks and the ones that are offering the best Kentucky Derby pre-race odds.
- BUSR – 100% welcome offer up to $250 plus up to 8% rebate on all winning and losing race bets.
- GTBets – 10% weekly rebate on all net racebook losses paid every Monday and regularly updated Kentucky Derby odds.
- BetOnline – 50% Welcome bonus up to $1000 and a dedicated racebook.
- BetUS – The racebook covers all US racing as well as European and South African action.
- Bovada – Enjoy Vegas odds for Kentucky Derby 2022.
- MyBookie – Industry leader for Kentucky Derby live odds.
- Xbet – US and European racing action plus up to a $500 welcome deposit bonus.
- Sportsbetting.ag – One of the biggest Racebook wagering rebates at 9%.
- Everygame – Good for existing player promos and top value on live Kentucky Derby odds.
- Betanysports – Automatic 10% Bonus on all win and exotic racebook winning bets.
How do Kentucky Derby Odds Work?
All of the best sportsbooks for the Kentucky Derby will show you odds in one of two formats. You can view it in the “American Odds” format which is normal for sports like the NFL, NBA, and NHL. However, many race fans like to use the old format of fractional and this is what is used on sites like DRF.com.
Searching for the best odds is all part of the game of trying to win at horse racing betting. Early prices or “futures” are usually available around six weeks before the big race. It is at this point that you’ll be able to find all the latest Kentucky Derby odds on your favorite sportsbooks.
Explaining Kentucky Derby Odds
The current favorite for the Kentucky Derby is the horse Epicenter, who is trained by Steve Asmussen and has won four of his previous six starts. Currently he is priced at +700 or 7/1 in fractional odds terms.
American Odds are always quoted as how much you will win if you place a wager of $100, whilst Fractional (or British) odds tell you how much you will win if you place a one-unit wager. In the above example, place $1 to win $7.
If we’re backing an odds-on favorite then the odds would be displayed differently. American odds would be -700 which would mean you need to wager $700 to win $100. The Fractional (or British) odds would be 1/7 meaning you have to put on $7 to win $1.
Make sure to keep updated on this page with all the latest Kentucky Derby 2022 horses odds as they change in the run-up to the event.
How to Read Kentucky Derby Odds
American and fractional (British) odds are the norm for all US-based sportsbooks, but the other type of odds format you might come across and one which is used on European sportsbooks, are decimal odds.
Using our example of Epicenter and the current Kentucky Derby odds for 2022, this horse would be showing a decimal price of 8.0. This takes into account the amount wagered plus the return, which is often an easier way to work out your bet winnings on a Kentucky Derby odds payout calculator.
To make it easy to understand, the table below shows what the Kentucky Derby morning line odds might look like for the top 5 in the betting market.
|Horse Name||American (Moneyline)||Fractional
How to Sign Up and Find the Best Kentucky Derby Odds
Let’s say for example you wanted to place a wager on the Kentucky Derby today, and you wanted to know the most current odds!
First things first, you’d find a sportsbook/racebook from our horse-racing sportsbook list, check which one had the best offer, and go through the process of setting up an account. We’ll be using BUSR as an example below.
Step 1. Join the Horse Racing Betting Site of your Choice
Go to www.busr.ag, head to the main page and select the red “Join” button on the top right of the page.
Step 2. Fill in your Basic Details
Provide your basic details: name, age, date of birth, etc.
Step 3. Provide Further Details
Add your email, password, and phone number during the second stage of registration for authentication purposes.
Step 4. Add Details of your Address
Fill in your ZIP code, country, address, city, and state where you see the No 3 icon.
Step 5. Make a Deposit
You can click on the red “Deposit Now” button or the big icon showing the payment methods to make your first deposit and grab the welcome offer.
Step 6. Select your Bonus/ Insert Promo Code
Select your preferred sign-up bonus and you’ll be taken to the next screen where you will be given the option to insert a promo code if you have one.
Step 7. Verify your Account
Once you’ve selected your bonus, you will be redirected to the final screen and asked to verify using your registered phone number.
Step 8. Check the Kentucky Derby Current Odds & Place Your Bets
Verify with the two-factor authentication code and you will now be able to deposit funds and start picking out your 2022 Kentucky Derby bets and check out the Kentucky Derby lines and all the Kentucky Derby pre-race odds.
Types of Kentucky Derby Odds Available
There are many different types of Kentucky Derby odds, and we are giving a rundown and examples of the two main types of bets you’ll be placing on the Kentucky Derby in 2022!
Standard wagers are the ones you will most likely already know, like Win, Place, and Show.
On the “Exotic” wagers we go into more detail, explaining how these work with some examples, so you can understand how to bet on the Kentucky Derby, either at the track or online.
Standard Wagers are simple bets on a single race for your chosen horse to either win (come first), place (come first or second), or show (come first, second, or third).
A win bet, sometimes can be referred to as “on the nose”, is a single bet where you are selecting one horse to win the race. Your selection must finish first for you to win. The stake for any standard wager in the US is $2. All dividends are declared to a two-dollar stake.
In the example below the horse White Abarrio finished first, the horse Tiz the Bomb finished second and the horse Messier finished third.
|Tiz the Bomb||$4.60||$2.40|
So if you had placed a bet on the horse, White Abarrio to win and your stake was $2, you would get back $5.40.
Now if you placed a bet of $10 then you would get back $27.00 as you would have 5 x $2 bets on the winning horse. 5 x $5.40 = $27.00
A place bet is for a horse to finish first or second, however, you will only receive the place dividend even if your horse finishes first. Like the win bet, the standard stake is $2.
|Tiz the Bomb||$4.60||$2.40|
So if you had placed a bet on the horse Tiz the Bomb to place, and your stake was $2, you would get back $4.60.
If this horse wins then you do not receive the win dividend of $5.40, you only receive the place dividend of $4.60
Now if you placed a bet of $5 then you would get back $11.50 as you would have 2.5 x $2 bets on the winning horse. 2.5 x $4.60 = $11.50
The show bet is one that is more often used when you fancy a longshot or outsider and you think they can hit the board but may not be good enough to win.
This can still be a profitable way of betting as the show dividend is often larger than the win dividend when a favorite wins. We really recommend that you make sure to check out all the odds for the Kentucky Derby at various sportsbooks, before placing your bets on the race!
|Tiz the Bomb||$4.60||$2.40|
So if you had wagered on Messier, as a show bet, then your $2 stake would have returned $6.80, that is more than if you had backed the winning horse White Abarrio.
Now just to be clear, If the horse Messier had won, you would still only receive the payout on the “show” dividend.
Across The Board
Now when we talk about across the board we are talking about placing a bet on the same horse but to Win, Place and Show. This gives you more chance of getting a return on your wager.
|Tiz the Bomb||$4.60||$2.40|
So instead of placing one bet for $2, you are placing three bets of $2 ($2 Win, $2 Place, and $2 Show).
Example: Let’s say you are at the track and you want to place a bet on the horse White Abarrio “Across The Board”, you would go to the cashier or teller and say… “$2 across the board,” and give them the racecard number of the horse you have chosen.
And if “White Abarrio” wins the race, then your across-the-board bet would give you $5.40 + $3.60 + $2.20 = $11.20 for a total outlay of $6.00 giving you a profit of $5.20.
The “Double” is really a variation of the win bet but you have to pick the winner of two consecutive races. This may be more difficult, but will of course be rewarded with a larger payout.
So as an example, if Race 1 on the card was won by horse White Abarrio and Race 2 was won by the horse Tiz the Bomb, and you selected both horses in your double bet, you would win whatever dividend is returned!
The Double runs right throughout a meeting so race 1 and race 2 would form the first double, then race 2 and race 3, and so on across the whole meeting.
When we talk about exotic wagers we are talking about bets that are a bit more complicated, have more selections involved but are more likely to give you a big win for a small wager.
The first type of exotic bet, is the Exacta, which is a bet including two selections in the same race. The goal is to get the two horses to hit the frame in the correct order in first and second.
You select horse number 1 and horse number 2 and your bet is an Exacta 1-2
If horse 1 wins and horse 2 is second you win and will get the dividend declared. The Exacta has a minimum stake of $2
Now if the result was the other way round and horse number 2 was the winner and horse number 1 was second then your bet would be a loser.
As an example, the Exacta in last year’s Kentucky Derby paid $503.60 for a $2 ticket.
The Quinella is very similar to the exacta where you are again selecting two horses to come first and second. However, this time you are betting on them to come first and second in any order.
You select horse number 1 and horse number 2 and your bet is a Quinella 1-2
If horse 1 wins and horse 2 is second you win and will get the dividend declared. The Quinella has a minimum stake of $1
Now if the result was the other way round and horse number 2 was the winner and horse number 1 was second then your bet would still be a winner.
The Trifecta bet is where you have to select the first three horses to finish in the correct order. You can do this bet as a single selection, so you might choose horses 4-6-9 on the racecard and place your bet for your three selections to finish first, second, and third in that order.
Or you could “box” your selections to give you more chances.
So if you choose three horses in a “box” this would give you six bets.
4-6-9, 4-9-6, 6-4-9, 6-9-4, 9-4-6, 9-6-4
The trifecta minimum stake is $0.50, so in the above example, your bet would cost you 6 x $0.50 = $3.00
$0.50 Trifecta Box with four horses $12 (24 possible combinations)
$0.50 Trifecta Box with five horses $30 (60 possible combinations)
$0.50 Trifecta Box with six horses $60 (120 possible combinations)
$0.50 Trifecta Box with seven horses $105 (210 possible combinations)
As an example, the Trifecta in last year’s Kentucky Derby paid $848.45 for a $0.50 ticket so make sure to check out the Kentucky Derby trifecta odds which you’ll be able to see on the day of the race via the pari-mutuel boards.
The Superfecta goes a step further and in this wager, you need to select the first four past the wire in the correct order. Of course, a more difficult bet to pull off but the returns can be very high.
So, you might choose horses 4-6-9-1 on the race card and place your bet for your four selections to finish first, second, third, and fourth in that order.
The minimum stake for a Superfecta bet is $0.10
As an example, the Superfecta in last year’s Kentucky Derby 2021, paid $9,456.40 for a $1 ticket.
Super Hi-Five Bet
The Super Hi-Five puts horse racing bettors in with a chance of winning large sums from a relatively modest wager. As the name indicates, you will be making 5 selections and the aim is to get the first five home.
As an example, last year’s Kentucky Derby, in 2021, saw a $1.00 Super High Five return a life-changing $296.769.60
So you can place a wager on the Super Hi-Five (sometimes known as a Pentafecta), for just a dollar and pick your 5 horses to finish in the exact order.
You can also “box” your 5 picks, which would mean 120 bets at $1 for a total wager of $120. Some tracks allow smaller stakes of $0.50 on the Super Hi-Five.
Our Kentucky Derby Odds Expert Picks
If you’re looking to find the winner, then our expert handpicked Kentucky Derby odds will point you in the right direction! And, if that’s not enough, we also have a Kentucky Derby 2022 Guide, which is completely dedicated to this year’s race.
The 2022 renewal looks to be wide open with lots of great performances in the recent trials for the quest to win the “Run for The Roses”!
Below you’ll see our analysis and top selections for this year’s race.
WINNER – SMILE HAPPY
Epicenter is the current favorite to win, for the race this year! However, White Abarrio has made a strong claim to that spot with his recent win in the recent Florida Derby, where he defeated the favorite on that day, Charge It. White Abarrio came three-wide off the turn and took it up halfway down the closing stretch. Charge It rallied and closed late but could not get to the grey.
On the same day, we saw the 86th Arkansas Derby which was won by CyberKnife. This 3-year-old colt trained by Brad Cox had romped in an allowance race, but this was his toughest test to date.
CyberKnife took the lead in the stretch and ran out a strong winner over the 1 1/8 miles on a fast track in 1:50.42. He looks like one of the main players over the trip. The extra stretch out should not be a worry and he’ll be a formidable foe for Epicenter and the rest of the field.
Smile Happy has already been beaten by the Kentucky Derby favorite Epicenter, but the result does not tell the story of the race. The Risen Star set up nicely for Asmussen’s colt who glided away in front, out of trouble and had little trouble extending away.
Meanwhile, Smile Happy had a rough trip inside and got no daylight until the quarter pole, by which time the bird had flown. This was a step up by Smile Happy who we believe is now a big danger to the favorite and should be listed at an attractive price on the boards.
NEXT BEST – MORELO
Forbidden Kingdom went gate to wire in The San Felipe, and his next target looks to be the Santa Anita Derby. His run style means he’ll need a good gate post in the Kentucky Derby but is one with plenty of early speed and could be a tough foe if he ends up getting the lead in the big event.
Tiz The Bomb was a recent scorer in The Jeff Ruby where he was placed wide down the backstretch three lengths off the pace before making a move three-wide on the turn. Sent for the wire from the top of the home stretch, he ran out a clear winner by over two and a quarter lengths, and a further stretch out in distance will be a big plus for this 3-year-old.
Morello won the Grade 3 Gotham Stakes which kept his card unbeaten. This son of Classic Empire stalked the early pace before a mid-race move took him into second with six furlongs to run. From there, he stalked the pace set by Dean’s List, vied for the lead on the turn before taking the lead in the upper stretch, kicking clear inside the eighth pole, and drawing away under a mild-hand ride.
Morello still has to prove it mixing with Grade 1 foes but was an easy winner. Plus, we feel there’s much more in the locker. He’ll probably sit mid-pack in the Derby and make a mid-race move to make a bid off the turn.
OUTSIDER – MO DONEGAL
Barber Road is expected to be one of the outsiders in the Run for The Roses but his close third behind another Derby contender Un Ojo makes him a candidate for a surprise win. The horse was way out back early and facing traffic problems turning into the home stretch. He closed right to the wire and could be classed as an unlucky loser, though.
There will be a lot of speed in the main event and Barber Road is one that will be closing in late and could be a play on the boards as a show bet. He could also be a really good play for the bettors who love to play the exotics like the trifecta and superfecta.
Charge It was beaten by White Abarrio in The Florida Derby but was a favorite that day. He did not get the run of the race and closed all the way to the wire. Don’t be surprised if he turned that form around at what looks like being a very nice price. Certainly, one for exotics at the likely odds.
Mo Donegal found the short stretch beyond him in The Holy Bull. Off slow and pulled to the inside, he found trouble heading out of the backstretch and had to move four-wide on the turn. He rallied gamely and closed all the way to the wire behind White Abarrio who had a much smoother trip stalking the early leader.
Expect Mo Donegal to prove a more potent foe at Churchill Downs Racetrack, Kentucky, come May.
So that is our rundown of Kentucky Derby betting picks. Good luck to all the bettors with whoever you choose for the first leg of the Triple Crown.
Past Kentucky Derby Winners’ Odds
This is the first leg of the American Triple Crown and a race that always draws a huge crowd into Churchill Downs Racetrack. There have been some great winners down the years and below you can see the last ten champions who have entered that winner’s enclosure and been laid with the garland of roses around their neck.
|2021||Mandaloun||Brad H. Cox||Florent Geroux||13.0|
|2020||Authentic||Bob Baffert||John R Velazquez||9.0|
|2019||Country House||William I. Mott||Flavien Prat||31.0|
|2018||Justify||Bob Baffert||Mike E.Smith||2.9|
|2017||Always Dreaming||Todd Pletcher||John R Velazquez||4.7|
|2016||Nyquist||Doug F. O’Neill||Mario Gutierrez||2.3|
|2015||American Pharoah||Bob Baffert||Victor Espinoza||2.9|
|2014||California Chrome||Art Sherman||Victor Espinoza||2.5|
|2013||Orb||Claude R. McGaughey||Joel Rosario||5.4|
|2012||I’ll Have Another||Doug O’Neill||Mario Gutierrez||15.3|
More on horse racing betting…
If you’re still unclear as to any of the specifics regarding the Kentucky Derby or horse racing terminology and betting lines in general, the pages listed below are useful resources.
- Best Kentucky Derby betting sites – All you need to know about 2022 Kentucky Derby betting.
- How to bet on the Kentucky Derby – How to bet on desktop, mobile and even at the track.
- Kentucky Derby picks – Find out what our experts are tipping for the big race.
- Best racebooks – Take a look at the best horse racing racebooks in the US.
- Horse racing free bets – Claim the best horse racing bonuses and promos.
- Horse racing betting apps – Discover the best apps for the Derby and horse racing in general.
- Parimutuel betting – Learn more about this unique betting method.
- Pool betting – Find out more about pool betting on horses at the Derby and beyond.
- Virtual horse racing – There’s always a race on when you bet virtually.
- Sports betting tax – Learn more about US tax laws on horse racing and sports in general.
Best Kentucky Derby Odds Betting Sites
Best Site for Kentucky Derby Odds
As part of our research and review of the 2022 Kentucky Derby field and odds, we have been looking for the best racebook for our readers and have viewed what we class as the top 10 sites.
The different sportsbooks and racebooks all offer some type of welcome bonus to sign up for an account but we wanted to find the best book for race fans and folks who are interested in the latest and best Kentucky Derby betting odds. And, for us, the one that comes out on top is BUSR since this racebook tends to broadcast the best Kentucky Derby final odds.
BUSR also has a great welcome offer of 100% matched up to $250. However, they also offer a rebate of up to 8% on all (winning and losing) wagers. That includes straight wagers and exotics.
Best Kentucky Derby Odds Sportsbook
What are the odds for the Kentucky Derby?
Who has the best odds to win the Kentucky Derby?
How are odds chosen in the Kentucky Derby?
Who won the last Kentucky Derby? (include their pre-race odds)
Who are the jockeys to watch out for in the race?
- NBA Player Props Bets | NBA Playoffs Western Conference Finals Game 2
- NBA Rumors: Phil Jackson wants Lakers to trade LeBron James
- Kyrie Irving says Cavaliers ‘would’ve won more championships’ if he was more mature
- How to Watch NBA Playoffs and Stream NBA Conference Finals for Free?
- NBA Playoffs Second Round Game 7 Picks and Bets for May 15, 2022