Kentucky Derby 2023 Betting Odds, Tips & Predictions

Kentucky Derby 2023 Betting Odds, Tips & Predictions

That’s because it’s one of the most prestigious contests on the planet and has been won by some of the most famous names in the game including Secretariat and American Pharaoh. Over the years, the race has become a symbol of Southern tradition, with its iconic hats, mint juleps and the playing of “My Old Kentucky Home” before the start of each race. Here are the dos you must remember when you bet for the derby race this coming May 6. On Thursday, No. 10 Practical Move was also withdrawn because of a fever, so No. 21 Cyclone Mischief was added to the field.

Known as the crown jewel of horse racing, the annual Derby is a mixture of the best jockeys, horses and racing fans in one place. Forte was the favorite for the 2023 Kentucky Derby thanks to his impressive record. Mage, who started the race at 15-1 odds, was the winner of the prestigious event. BetAnySports is a no-frills reduced juice sportsbook with a reputation for offering great odds. It gives all customers a 10% profit boost on winning Kentucky Derby wagers if you select Racebook+ program, which is very exciting. You can use online betting sources to ensure you’re always updated with the latest derby news. You’ll find a lot of websites that offer you the necessary updates you can use to decide during the betting process.

You should always check for updates about the 2023 Kentucky Derby, such as the odds, favorites, and new predictions. Northern Dancer’s record time stood until 1973 when Secretariat was a brilliant Triple Crown winner. The chestnut known as “Big Red” was the first horse to break the two-minute barrier in the race. Secretariat’s most astonishing performance came in the Belmont where he won by 31 lengths.

It’s estimated to generate about $23 million annually in tax revenue and licensing fees, with a percentage earmarked for problem gambling and the state’s public pension system. The odds are dynamically changing every day, so you should follow how the values are moving and compare that to the list of favorites mentioned in Kentucky Derby 2023 betting tips within this article. Bet365, Unibet, and William Hill are definitely among the best sports betting sites worth checking out.

With an Exacta, you need to predict the horses that will finish first and second in the correct order. Since it’s considerably more difficult to predict the results of two horses than one, Exacta tend to wind up with attractive payout odds. Our 2023 Kentucky Derby preview provides you with the latest Kentucky Derby 2023 betting odds and expert Kentucky Derby predictions. It’s a popular pastime to make the Kentucky Derby betting picks in the office or at the racetrack, while those who aren’t lucky enough to watch the race in person can follow the outcomes on TV or live stream. At the same time, there is an abundance of 2023 Kentucky Derby betting tips all over the internet, but knowing which advice to trust can be tricky. Part of a two-week long event held at Churchill Downs in Louisville, Kentucky, this Grade I race forms part of the famous American Triple Crown—the other two are the Preakness Stakes and the Belmont Stakes. With a top prize of more than $1 million, the Kentucky Derby is always a hotly contested affair and that means a ton of horse racing betting sites to place bets at.

Kentucky Derby betting

If you want to increase your chances of success in this year’s Kentucky Derby betting, you must remember the dos and don’ts we shared. This way, you will be confident that you’re going in the right direction. If you decide to bet on the 2023 Kentucky Derby, you must first know the do’s and don’ts. These dos and don’ts will help you ensure you’re on the right track when betting on the Kentucky Derby. Wild On Ice was euthanized after being injured April 27, and then the No. 9 horse, Skinner, took his place. Skinner was then scratched Friday with a fever, bringing the field down to 19 horses. Six horses have died in the lead-up to the Kentucky Derby, with the most recent being Chloe’s Dream on Saturday afternoon.

Trifecta Bet – Like an exacta, trifecta bets require you to select three horses to finish in a certain order (straight trifecta) or in any order within the top three finishers (trifecta box). Exacta Bet – If you like two horses, you can place a straight exacta bet. This means you’re betting on horse X to finish first and horse Y to finish second. Alternatively, you can place an exacta box bet and speculate on two or more horses to finish first and second, in any order.

Where are the best Kentucky Derby bets made available?

Although we can’t guarantee the following tips will improve your picking skills, they should give you a solid foundation to work from. Each-way Bet – If you want to hedge your bets, you can bet on a horse to finish first, second, third and, in some instances, fourth. Each-way bets typically pay out at 1/5 odds if your horse finishes outside the top spot but within the top three/four. Our look at Kentucky Derby Betting will analyse every aspect of the great North American race. We will tell you everything you need to know, including the races’ odds levels, the bonuses and promotions on offer, as well as some interesting facts and historical info.

  • This website is using a security service to protect itself from online attacks.
  • The leading UK bookmakers are already offering ante-post betting on the Kentucky Derby 2023.
  • First up, you’ll need to register for an account with an online betting site like TwinSpires.
  • Conversely, the rich and famous buy seats at “Millionaire’s Row,” with prime views of the track.

No horse has won from the No. 1 slot since 1986 — and only two have finished in the top 3. But Known Agenda is a horse that would be 6-1 with a better draw, so this is the best value to go with any Essential Quality bets.

When race day comes, there are few feelings that can compare to the excitement of finally watching your horse leave the gate. The 1 1/4-mile race can pass quickly, so it’s good to know how to easily spot your pick. This site also provides early fixed-odds futures on the Kentucky Derby more than six months before the race. It does not list as many potential runners as Bovada, but it has better odds on some of them. There is pari-mutuel betting available on race day, and you can enjoy a racebook rebate worth up to 9%. BetOnline also offers a maximum net profit of $100,000 on the Kentucky Derby, the Kentucky Oaks and various other big races.

TwinSpires has a sign-up bonus for new players who sign up, worth $200 in free bets, released incrementally once you have wagered $800. If you’ve heard of one horse race in North America then the chances are it’s the Kentucky Derby. For almost 150 years, the Kentucky Derby has been the pinnacle of horse racing.

Those tracks feature live racing along with HHR machines, which look and work like slot machines but allow wagers on past race results. CDI also operates Derby City Gaming near Churchill Downs with another facility under construction in downtown Louisville. The company also features for online thoroughbred racing. Tracks could contract with up to three service providers for sports wagering at the track or through online sites and mobile applications. Those providers would pay $50,000 for the initial license with a $10,000 annual renewal.

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Outside of the United States, most countries have legalized sports gambling and are much more progressive than America. There are some great Kentucky Derby betting companies that will help you win big. An entire week’s preparation comes down to the horses bursting out of the gates and digging as hard as they can, ultimately revealing whether you won or not in just a few hundred seconds. However, it has been nearly 35 years since the last female, Winning Colors, won the race in 1988. You should only allocate a portion of your betting bankroll for the 2023 Kentucky Derby and set aside a good portion to keep your bankroll alive, whatever happens on your Derby bet. Check the horse’s bloodline, past performances, health condition, trainer, and jockey.

“There’s no revenue stream in the bill specifically for horse racing,” Senate Majority Leader Damon Thayer said of the bill that passed the Republican-dominated chamber on March 30. Democratic Gov. Andy Beshear quickly signed the measure into law, which takes effect on June 29. Send me exclusive offers, unique gift ideas, and personalised tips for shopping and selling on Etsy. A Trifecta involves correctly picking the first, second and third horse in a single race, in the correct order. It’s a tough bet to win and has even more favorable odds than an Exacta.

Kentucky Derby 2023 Live Streaming

Still there are exceptions, like Alaska for instance, which has very restrictive laws around betting. The Kentucky Derby is the most watched, attended and bet on horse racing event in the United States. It is important to know how horse racing operates and works before you start placing your bets because the kinds of wagers are much different than a typical sport. That’s a pretty good piece of advice to consider when you’re ready to bet on the Kentucky Derby.

Kentucky Derby offers are advertised on bookmaker websites in the lead up to the race including price boosts on the fancied runners. This Kentucky Derby 2023 betting guide will list the most prominent 2023 Kentucky Derby runners and analyze the current Kentucky Derby betting odds offered for them to claim the victory. It represents the first step in the preparation for this much-anticipated equestrian event and could help some readers to make a well-informed Kentucky Derby betting prediction. The current favorite to win the race is Forte with Bet365 offering odds at 3.50 (5/2). Bookmaker offers appealing Kentucky Derby odds, and it makes betting on the race quick and simple, so we highly recommend it for all horseplayers.

The numbers after the plus sign tell you the winnings available on a $100 wager. For example, if a conscious bettor were to wager $100 at +400 on a favorite contender prior to post time, he or she would receive a $400 profit if the horse won. Kentucky Derby betting online is offered by all major UK betting sites for one of the biggest events in the world of horse racing. Most will list the race under “International” or “American” racing on their websites.

You can keep betting on futures until the week of the race, and pari-mutuel bets are then available too. Bovada offers a welcome bonus of up to $750, and you can use the funds on horse races when completing a 5x rollover requirement. The Derby is dubbed “the most exciting two minutes in sport” due to the exhilarating nature of the race.

In any event Goodman sees an opportunity for increased foot traffic, with sports bettors potentially discovering horse racing, and vice versa. The Derby routinely attracts the most bets of any race all year, with even non-racing fans often getting involved for one weekend only. It stacks up against events like the Super Bowl and March Madness in terms of its one off popularity, with hundreds of millions of dollars riding on those 2 minutes of racing. We got all the details you need to know, to bet on the 2023 Kentucky Derby, including the best sites to bet with, history of the race, different types of bets and lots more. In this section, we will tell you about our favorite mobile betting sites and apps that are offered by Kentucky Derby sportsbooks. This is another great horse racing bet that Kentucky Derby sportsbooks will offer that you don’t see in other sports. This is when you must predict the first five horses in the correct order.

And they’re bet with the hope to make money around Essential Quality hitting the board. Kentucky Derby winners Spectacular Bid (1979), Alysheba (1987), Smarty Jones (2004), Big Brown (2008) and California Chrome (2012) all failed to land the elusive Triple Crown. It was 37 years before the long wait for another Triple Crown was ended by American Pharoah in 2015.

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Throwing $100 on the race makes the most exciting two minutes in sports a bit more exciting. So here’s a casual guide — from an admitted non-expert — on how to spread around $100 of bets to perhaps take home a bit of milk money. The minimum bet at the Kentucky Derby varies from $1 to $2 depending on the type of bet. If betting on UK Kentucky Derby betting sites, the minimum stake is usually £1. The each-way terms are 1/5th of the odds a place 1st, 2nd or 3rd unless otherwise stated.

While this may sound too good to be true, several leading sports betting providers actually allow this as a form of promotion. Players who register new accounts on websites like William Hill or Bet365 have a chance to place a free bet with a limited value as a part of the welcome package. Heritage Sports makes it very quick and easy for novice horseplayers to wager on the Kentucky Derby. You can wager up to $1,000 across win, place and show bets, and up to $200 on exotics, with a maximum payout of $10,000 per race. An elite field of three-year-old thoroughbreds will gather at Churchill Downs on the first Saturday of May to battle for Kentucky Derby glory. This is the most famous event in the entire U.S. racing calendar, and it regularly attracts more than 15 million viewers and has numerous prep races leading up to it.

Along with the Belmont Stakes and Preakness Stakes, this iconic race makes up what is known as the Triple Crown. There is an alternative program too, which gives you a 6% rebate on daily racebook wagering volume – win or lose. It pays out up to $100,000 on the Kentucky Derby, with all the key bet types available. Bookmaker is normally the first online betting site to release fixed-odds futures lines on the Kentucky Derby. It assesses the quality of the leading two-year-olds and provides odds on them before the three-year-old season gets underway, and they are updated throughout the qualifying campaign. Martin Green is a versatile sports bettor and handicapper with a wealth of knowledge.

If you plan to make betting a constant activity, you should consider creating a log book for your wins and losses and keeping track of your bets. If you haven’t got one yet, the Kentucky Derby event is the perfect race to start creating your logbook. Researching should be your first step whenever you engage in horse race betting, including the Kentucky Derby. In preparation, you must research each derby contender to know their chances of winning the race. If it rains, the consistency of the dirt will change and that can impact the outcome of the race. Some horses prefer a heavy surface and won’t mind a wet track while others do better when it’s dry. Before you bet on the Kentucky Derby, it’s worth knowing how each horse performs under certain conditions.

Nevertheless, we recommend checking with the racebook to make sure you are allowed to bet from your home state. Horses must earn the right to compete in the race by earning points in a series of qualifying races. The Kentucky Derby has earned its place in the pantheon of great American sporting institutions, along with the likes of the Super Bowl and the World Series. The first Kentucky Derby took place on May 17, 1875, and has been held annually on the first Saturday in May ever since, at Churchill Downs racetrack. With all the technology that exists today, there are many simple and easy options when it comes to getting paid out quickly on a Kentucky Derby betting site. The horses that are racing are fast, but it is your money that you want even faster.

Read the rest of this in-depth page for your complete overview of “The Run for the Roses”. There’s a certain satisfaction that comes with landing the Derby winner. If you are going to make one solo win bet, the best value on the board is Known Agenda. The haul is tough from the inside, but spend the remaining $24 on a win bet for Known Agenda. We really like No. 1 Known Agenda, the Todd Pletcher horse with odds that have ballooned to 19-1 because of the rail draw.

While sports betting is only newly legal or still prohibited in most states, betting on the ponies has a long history in this country, whether at the track or through off-track betting outlets. Still, there are plenty of people new to the activity or who bet on only the big races. I grew up watching Triple Crown races with my grandfather but got more into the sport when I moved to Baltimore in 2006 and attended the Preakness. Today, I share a percentage of horses with the Final Furlong Racing Stables through the Stake in Stardom program created by America’s Best Racing. In this column, I’ll give you the basics you need to bet the Derby, plus some insight into some of the bets I like for Saturday’s race.

No. 20 Continuar, also scratched Thursday, made room for No. 23 King Russell to enter the field as the final eligible horse. Two horses trained by Saffie Joseph Jr. — Parents Pride and Chasing Artie, who were not in the field for the Derby — died suddenly for unknown reasons.

This betting market works in a similar way to the Future Wager pools, but the payouts are smaller – even though the betting odds can still be better value than they would be on race day. There are many places on the internet where you can catch a 2023 Kentucky Derby live stream of the race in case a live TV broadcast is not available in your location. Frequently, the same websites might offer Kentucky Derby 2023 betting tips to assist you in predicting the winner, as well as a high-resolution live stream of the race. We recommend 2023 Kentucky Derby live streaming options available at Bet365, William Hill and Unibet.