How To Bet On The 2023 Kentucky Derby from the United States

By Horse Racing

It’s Kentucky Derby week! The 2023 Kentucky Derby takes place this Saturday, May 6th at Churchill Downs Racetrack in Louisville, Kentucky.  The Kentucky Derby (official site) is a huge betting event each year.  It’s the second most wagered on single day sporting event in the United States annually, next to only the Super Bowl.

I created this page to help American residents place a bet on the Kentucky Derby quickly and easily from anywhere in the country.  On this page I will recommend our top rated betting site for US residents, touch on the odds for the race and finish up with a simple 3 step guide you can follow to place your bets on the Kentucky Derby online.

Best Kentucky Derby Sportsbook for Americans

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BetOnline.ag is our top rated betting site for Americans interested in betting on the Kentucky Derby.  BetOnline is one of the most popular and trusted betting sites online for Americans, and unlike other popular sportsbooks serving the US market, BetOnline does not restrict residents of any States in the USA from joining and betting.  You can bet on the Kentucky Derby at BetOnline whether you live in any of the 50 United States of America:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

2023 Kentucky Derby Odds

Here are the current winner odds (and post positions) for the Kentucky Derby at BetOnline.ag:

These odds were taken on Friday, May 5th. The odds will still change leading up to race time.  You can see the up to date at the BetOnline website by opening the ‘Horse Racing’ drop down menu and selecting ‘Horses Daily’ -> ‘Churchill Downs’ in the ‘Sports’ section of the site.

The above odds found in the Sports section are ‘fixed’ which means they will not change after you make your bet.  In the BetOnline Racebook, which is what we will use for the 3 step guide below, the odds use the parimutuel betting system, which means they can change after your wager depending on the amount of money bet on each horse.

Bet On The Kentucky Derby in the United States – 3 Step Guide

Follow these three steps to bet on the Kentucky Derby from anywhere in the United States:

#1. Join BetOnline.ag

Click the above link, select ‘Join Now’, and fill out the short form on the home page to open your account.

As I mentioned above, BetOnline accepts players from every State in the USA.  They are one of the most popular betting sites for Americans and they have a profit limit of $100,000 for the Kentucky Derby, which is much higher than most other sites.

#2. Deposit

Click the green ‘Deposit’ button after logging into your account.  Select one of the deposit options (Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies, etc) and follow the instructions to fund your account.

You can use promo code BET1000 when making your deposit to opt-in to the 50% matching bonus up to $1000.  There are rollover requirements associated with the bonuses.

#3. Place Your Kentucky Derby Bets

  1. Click on ‘Racebook’ from the top menu bar -> open the ‘American Thoroughbred’ drop down menu -> select ‘Churchill Downs’.
  2. Select ‘May 06’ -> Race #12 (post time 6:57pm EST) -> the type of wager you want to bet (straight, exacta, trifecta, etc).
  3. Enter your wager(s) and click ‘Add To Bet Slip’.
  4. When you are happy with the bets click ‘Submit All Bets’ to lock in your wagers.

Here’s a screenshot showing these clicks in the Racebook to place a bet on Tapit Trice to win the 2023 Kentucky Derby (as an example):

It’s that easy.  Click here to visit BetOnline.ag and place your bets.

Check out our horse racing section for more in depth articles about betting on the horses.  I’d read our win/place/show explanation and parimutuel betting system pages if you’re new to betting on horses.


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