2024 Kentucky Derby Odds and Betting Guide
The Kentucky Derby is arguably the most popular horse race in the United States each year. It is the first leg of the Triple Crown, and potentially the launching point for any Triple Crown winning campaign. Here, we take a look at the odds to win this year’s Kentucky Derby, along with some information that is worth keeping in mind before you place any wagers on the run for the roses.
Latest Kentucky Derby Odds
Bettors should always keep an eye on the Kentucky Derby odds to get an idea of who might come out on top of this prestigious race. Keep in mind that horse racing wagering is a little different than traditional sports betting, in that lines move right up to the start of the race. Here are the most recent Kentucky Derby betting odds, including the favorites to come out on top of this race.
Odds as of January 11, 2024
- Fierceness 10/1
- Nysos 10/1
- Dornoch 14/1
- Timberlake 20/1
- Muth 20/1
- Locked 25/1
- Nash 25/1
- The Wine Steward 25/1
- Sierra Leone 25/1
- El Capi 25/1
- Honor Marie 28/1
- Knightsbridge 33/1
- Wynstock 33/1
- Track Phantom 33/1
- Snead 33/1
- Born Noble 33/1
- Catching Freedom 40/1
- Drum Roll Please 40/1
- Just Steel 40/1
- Otello 40/1
- Pilot Commander 40/1
- Air of Defiance 50/1
- Bentornato 50/1
- Liberal Arts 50/1
- Stretch Ride 50/1
- Walley World 50/1
- Coach Prime 50/1
- Risk It 50/1
- Carbone 50/1
- Crimson Light 50/1
- Change of Command 50/1
- Imperial Gun 50/1
- First World War 50/1
- Otto the Conqueror 66/1
- Prince of Monaco 66/1
- Parchment Party 66/1
- Ethan Energy 66/1
- Rocketeer 66/1
- Balta 80/1
- Dancing Groom 80/1
- General Partner 80/1
- Generous Tipper 80/1
- Informed Patriot 80/1
- Moonlight 80/1
- Nutella Fella 80/1
- Mirahmadi 80/1
- Haul 80/1
- Agoo 100/1
- Bergen 100/1
- Domestic Product 100/1
- Glengarry 100/1
- Lightline 100/1
- Copper Tax 100/1
- Billal 125/1
- Agate Road 150/1
- Booth 150/1
Keep in mind that the field will be condensed in the near future, as many of the names listed above will not make it to the Kentucky Derby.
Where Can I Bet On the Kentucky Derby?
There are plenty of places to place wagers on the Kentucky Derby, but we recommend FanDuel for wagering on horse racing. With FanDuel, players in most states where FanDuel Sportsbook is legal can place wagers right from their sportsbook app. In other states, bettors will need to download the separate FanDuel Racing app. But in either case, deposits made to FanDuel Sportsbook can be used to place racing wagers, which is incredibly convenient.
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Kentucky Derby Track Info
The Kentucky Derby is the second-longest race of the Triple Crown season, coming in at 1.25 miles. This is a quarter of a mile shorter than the Belmont Stakes and 1/16 of a mile longer than the Preakness. It is important to look at how each horse has performed at or around this specific distance when handicapping this race to get an idea of how they should perform on this particular stage.
It is also important to factor the anticipated weather into the expected outcome of this race. Ideal weather conditions could favor some horses, while bad weather could favor others, given that this race is run on dirt. Bettors have to be ready for all possibilities from a weather perspective and plan ahead for each of them.
Past Kentucky Derby Winners and Odds
The Kentucky Derby has been a launching point for many Triple Crown campaigns, as well as simply a crowning achievement for many horses that did not go onto win the crown. Below is a list of Kentucky Derby winners from 2000 on, some of which were true shocks at the time.
The most important piece of Kentucky Derby betting strategy is to avoid flying blind when betting on this event. With this being the first leg of the Triple Crown, many more inexperienced horse racing bettors likely don’t know all that much about the horses competing in this race. Bettors should do everything they can to arm themselves with knowledge about all of the horses, even if it is appealing to just place some bets without any knowledge of the competition.
Bettors should also look at where each horse ends up starting from in this race to help inform their decisions. A horse that is favored to win this race could see their chances evaporate if they are in a bad position starting out, as they may not be able to create a path to get into space down the stretch. At least being aware of possibilities like that one will help bettors maximize their chances of winning when betting on this event.
