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Best Kentucky Derby Betting Sites & Online Kentucky Derby Betting 2024

Everyone enjoys a bet on the Kentucky Derby! It's the Run for the Roses, the Greatest 2 Minutes In Sport, kicking off the US Triple Crown of Thoroughbred Racing on the first Saturday in May. Find the best Kentucky Derby betting sites and Kentucky Derby online betting options.

FanDuel

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Kentucky Derby Betting Online 2024

With the 2024 Kentucky Derby just around the corner, both new and existing customers at the top horse racing betting sites will be able to bet on “The Run of the Roses.” This year marks the 150th running of the Kentucky Derby, which takes place every year at Churchill Downs in Louisville, Kentucky. It is one of the most exciting sporting events of the year and it is arguably the two most exciting minutes of sports that you will see all year. Placing a wager on it makes it even more exciting.

You likely have questions about the Kentucky Derby, and I’m here to help answer them for you. In this guide on the Kentucky Derby betting sites, you’ll find everything you need to know about the 2024 Kentucky Derby before you place a wager on the most exciting horse race of the year.

Best Kentucky Derby Betting Sites

Here are the best Kentucky Derby betting sites for Kentucky Derby online betting to place your wagers:

FanDuel Racing

FanDuel Racing is affiliated with FanDuel Sportsbook and allows customers to place wagers on horse races. Right now, FanDuel Racing has two offers available for customers. For users in non-sports betting states (AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA), you can get a $500 No-Sweat First Bet, where you will get back up to $500 in racing site credits if your first wager loses on any race, including the Kentucky Derby. You get one week to use them. More information about the Fanduel Kentucky Derby promos can be found in our dedicated article.

If you are located in FanDuel-regulated sports betting states (AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY), you can get a $20 No-Sweat First Bet for Kentucky Derby betting online. Just bet on the big race and if your bet loses you will get back up to $20 in racing site credits, which you can use until June 10. This offer is available for both new and existing customers.

$20 No Sweat First Bet on Horse Racing

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DK Horse

DK Horse is affiliated with DraftKings Sportsbook and allows customers to place wagers on horse races. Right now, DK Horse gives new users a 100% deposit match bonus for up to $250. Just make your first deposit at DK Horse for at least $25, and for every $50 you wager at DK Horse, you will unlock $25 in racing site credits, up to a total of $250 in racing site credits overall if you wager through $500 in horse races. 

You must meet the wagering requirements within seven days of opening your DK Horse account and taking advantage of this welcome offer, along with other Kentucky Derby betting promos.

TwinSpires

TwinSpires is one of the most popular horse racing operators for placing wagers on the top horse races. Right now, new customers who sign up can get $200 in bonus bets, paid out in $100 increments for every $400 wagered. To earn the full $200 in bonus bets, customers must wager $800 within 30 days of creating a TwinSpires account.

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How to Bet on The Kentucky Derby
Where to Bet on The Kentucky Derby
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Fanduel Racing Kentucky Derby Betting Promo

Kentucky Derby Betting Odds

  1. Dornoch, Danny Gargan, Luis Saez, 20-1
  2. Sierra Leone, Chad Brown, Tyler Gaffalione, 3-1
  3. Mystik Dan, Kenny McPeek, Brian Hernandez Jr., 20-1
  4. Catching Freedom, Brad Cox, Flavien Prat, 8-1
  5. Catalytic, Saffie Joseph Jr., Jose Ortiz, 30-1
  6. Just Steel, D. Wayne Lukas, Keith Asmussen, 20-1
  7. Honor Marie, Whit Beckman, Ben Curtis, 20-1
  8. Just a Touch, Brad Cox, Florent Geroux, 10-1
  9. Encino, Brad Cox, Axel Concepcion, 20-1
  10. T O Password, Daisuke Takayanagi, Kazushi Kimura, 30-1
  11. Forever Young, Yoshito Yahagi, Ryusei Sakai, 10-1
  12. Track Phantom, Steve Asmussen, Joel Rosario, 20-1
  13. West Saratoga, Larry Demeritte, Jesus Castanon, 50-1
  14. Endlessly, Michael McCarthy, Umberto Rispoli, 30-1
  15. Domestic Product, Chad Brown, Irad Ortiz Jr., 30-1
  16. Grand Mo The First, Victor Barboza Jr., Emisael Jaramillo, 50-1
  17. Fierceness, Todd Pletcher, John Velazquez, 5-2
  18. Stronghold, Phil D’Amato, Antonio Fresu, 20-1
  19. Resilience, Bill Mott, Junior Alvarado, 20-1
  20. Society Man, Danny Gargan, Frankie Dettori, 50-1

Types Of Kentucky Derby Online Betting Bonuses

There are several types of bonuses for the Kentucky Derby, including the following:

  • Deposit match bonus: The racebook will match your first deposit up to a certain amount.
  • No-sweat bet: Make your first bet on a horse race, including the Kentucky Derby, and get back equivalent racing site credits if your wager loses.
  • Bet and get: Bet on horse racing, and the more you bet, the more bonuses you will get back.

Types Of Kentucky Derby Bets

There are many different types of bets you can make on the Kentucky Derby, including, but not limited to, the following bet types:

  • Win: Betting on a horse to win.
  • Place: Betting on a horse to win or come in second.
  • Show: Betting on a horse to win, come in second, or come in third.
  • Each-way bet: Making two bets on a horse, first to win, and second to place.
  • Quinella bet: Betting on two horses to finish first and second in a race, in any order.
  • Exacta bet: Betting on a horse to win and a horse to come in second in the correct order.
  • Trifecta bet: Betting on a horse to win, a horse to come in second, and a horse to come in third in the correct order.
  • Superfecta bet: Betting on a horse to win, a horse to come in second, a horse to come in third, and a horse to come in fourth, in the correct order.

How to Pick The Kentucky Derby Winner

Picking the winner of the Kentucky Derby can be difficult because 20 horses are looking to win the grand prize. Having said that, there are a few things you can look for when making a pick:

Look at the betting odds: The betting odds give you a hint of who should be favored to win the race. For the 2024 Kentucky Derby, Fierceness is a 5-2 favorite to come in first place.

Watch the weather: Remember to keep an eye on the weather since the Kentucky Derby takes place outdoors as some horses may have an advantage running in wet weather conditions.

Pedigree, trainer, and jockey: Another hint that can help you pick the winner of the race is knowing the pedigree of the horse along with knowing who its trainer and jockey are.

$20 No Sweat First Bet on Horse Racing

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Kentucky Derby Online Betting FAQs

What is the Kentucky Derby?

The Kentucky Derby is an annual horse race that is part of the Triple Crown. It takes place the first weekend of May, typically lasts for two minutes, and is commonly referred to as “The Run for the Roses.” The Derby has taken place every year since 1875, making the 2024 Kentucky Derby the 150th Running of the Kentucky Derby Presented by Woodford Reserve. The Kentucky Derby is the most-watched, most-attended, and most bet-on horse race of the year.

Where and when does the 2024 Kentucky Derby take place?

The 2024 Kentucky Derby takes place on Saturday, May 4 at Churchill Downs in Louisville, Kentucky.

Who is the favorite to win the 2024 Kentucky Derby?

Fierceness is the odds-on favorite to win the 2024 Kentucky at 5-2 odds.

How do you bet on the Kentucky Derby?

You can bet on the Kentucky Derby on several racebook mobile apps, including FanDuel Racing, DK Horse, and TwinSpires.

Which betting app has the best Kentucky Derby promo code?

FanDuel Racing has the best Kentucky Derby promo code, giving new users either a No-Sweat First Bet for up to $500, or a No-Sweat Bet on the Kentucky Derby for up to $20. DK Horse also has a great bonus, giving new customers a 100% deposit match bonus for up to $250. TwinSpires is another horse racing operator where you can bet on the Kentucky Derby. New customers at TwinSpires get $200 in bonus bets, paid out in $100 increments for every $400 wagered.