Kentucky Derby Odds - September 2025

The 152nd Kentucky Derby is scheduled for Saturday, May 2, 2026, at Churchill Downs in Louisville, Kentucky.

How to Bet on the Kentucky Derby

  1. Futures

    Futures

    As arguably the most famous horse race in the United States, the Kentucky Derby opens up futures markets well ahead of time. Kentucky Derby betting odds markets can open up minutes after the previous iteration of the race has finished. However, a clearer picture of the runners and riders will only become clear in the weeks before the next race.

    Futures or ante-post betting markets offer the chance for bettors to gain better value on their Kentucky Derby odds due to the uncertainty over the runners in the race.

    Non-runner no bet (NRNB) offers are helpful for bettors placing futures bets. This promotion voids your bet if your horse does not run in the Kentucky Derby. Check out the promotions before placing your futures bets.

  2. Win

    Win

    Bettors choose the horse they think will win the Kentucky Derby. If the selection wins the race, successful wagers will be paid out; any other outcome results in a losing bet.

  3. Place

    Place

    A place bet allows bettors to wager whether their horse will finish first, second, or third in the Kentucky Derby. For significant races like this, check whether your sportsbook is offering to cover extra places.

  4. Each-Way

    Each-Way

    An each-way bet splits a wager into two. The first bet is placed on the outright win market, and the second is for the horse to place.

    If your selected horse wins the Kentucky Derby, sites pay out on win and place wagers. If it only places, your payout is based on a fraction of the outright odds (often 1/4 or 1/5, depending on the site).

    Each-way bets are a good way of covering your selections in case they fail to win the Kentucky Derby.

How to Read Kentucky Derby Odds

Kentucky Derby betting odds are presented in three main formats, depending on your region, and betting sites allow you to choose between the formats in your account settings:

In the UK and Ireland, odds are commonly presented as fractions. The odds are represented as a fractional number, such as 3/1.

The number on the left of the line highlights your potential profit from the amount staked, which is the number on the right.

So, if a horse had odds of 3/1, bettors would make £30 profit for every £10 they wagered if the horse won the race.

What is the Kentucky Derby?

The Kentucky Derby is arguably the most famous horse race in the United States. The Run for the Roses is a one-mile and a quarter-mile race for horses aged three years old only.

It was first staged in 1875 and is held annually in May to begin the U.S. Triple Crown races: the Preakness Stakes and the Belmont Stakes.

Trainers Bob Baffert and Ben Jones are tied for most victories (6). The legendary Secretariat still holds the record for the fastest time, 1:59.4s

YearWinnerJockey/Trainer
2025Sovereignty 

Junior Alvarado

William L. Mott

2024Mystik Dan

Brian Hernandez Jr.

Kenneth G. McPeek

2023Mage

Javier Castellano

Gustavo Delgado

2022Rich Strike

Sonny Leon

Eric Reed

2021Mandaloun

Florent Geloux

Brad Cox

About Gambling.com's Odds Comparisons

At Gambling.com, we provide the latest, up-to-the-minute Kentucky Derby betting odds from the best horse racing betting sites.

The odds are updated in real time, giving bettors the best value on win and each-way bets for the race.

Lines change regularly, and we track and reflect each alteration via our custom odds comparison tool.

By regularly checking the Kentucky Derby odds on Gambling.com and reading our expert horse racing betting tips, bettors have a great chance of backing a winner at the best odds available.

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