Kentucky Derby Betting Guide: Odds, New Date, Favorites To Win 2020
The famous “Run for the Roses” will still happen in 2020, as the 146th Kentucky Derby was rescheduled from May to September. This will be an event to remember, as the event is traditionally held in the spring. A fall Kentucky Derby will be terrific for the sport, given the timing with NFL, College Football, and many other sports. After the coronavirus concerns are lifted, sports will be a very hot commodity. Let’s take a look at the odds, information, news, and more for the 146th running of the Kentucky Derby.
Kentucky Derby Date and Time 2020
Date: Saturday, September 5, 2020
Time: Around 6:30 PM EST
Per the Kentucky Derby website, the 146th Kentucky Derby has been rescheduled to September 5th, 2020. It was initially scheduled for May 2nd, but was postponed due to coronavirus concerns. In late April, Churchill Downs made plans to reopen, which sparked some positive buzz around horse racing.
Just in: @ChurchillDowns received approval from state officials to reopen its stable areas on Monday, May 11. Opening day of 2020 Spring Meet with spectator-free racing will be communicated in the coming days. Story: https://t.co/Kg0wfKbqYj pic.twitter.com/nFxm5omlmd
— Churchill Downs PR (@DerbyMedia) April 29, 2020
Of course, there will be no spectators for the time being but given that the horses will again be racing, that is a sign of good things to come.
Latest 2020 Kentucky Derby Odds – Tiz The Law is the Derby Favorite at +250
|Horse||Odds to Win Kentucky Derby|
|Tiz The Law||+120|
|Tap It To Win||+600|
The latest odds at popular horse racing books are updated after the Belmont Stakes, with Tiz the Law jumping all the way to +120 to win the 2020 Kentucky Derby. Behind him is Sole Volante at +450, then Dr Post at +500 with others behind him. These odds will surely change in the coming months leading up to the Kentucky Derby, so be sure to stay up to date at your favorite online horse racing book. Prices will vary, and will certainly change leading up to the Kentucky Derby.
At Circa Sports, Tiz The Law’s odds are a bit lower at +275, as seen here:
— Ron Flatter (@ronflatter) June 21, 2020
Kentucky Derby to Run with Fans in Attendance
— The Hill (@thehill) June 25, 2020
There will be fans in attendance for the 146th running of the Kentucky Derby. Of course, there are rules. Kentucky’s governor Andy Beshear met with state officials to ensure proper safety protocols that will keep attendees of the Kentucky Derby more safe, but it will also allow fans in the stands. Here are some of the details:
- Limited capacity.
- Limited access to entire facility.
- Reduced approved media credentials.
- Only essential personnel in the stables.
- Venue operation changes to limit person-to-person contact.
- Masks are encouraged at all times, unless seated.
- Masks encouraged while placing wagers.
- Guests are encouraged to apply social distancing.
How Can I Bet on the Kentucky Derby?
There are plenty of ways to bet on the Kentucky Derby, but it all varies on your states laws and such. Horse Racing is a much broader market in terms of which states are allowed to offer betting at tracks via simulcast or online. You can bet on horse in most states. You cannot bet on horse racing in the following:
- South Carolina
- Washington DC
You can bet on the Kentucky Derby in a few ways:
- At your local track
- Online via Horse Racing Apps
Betting online via horse racing apps is the easiest and best user experience, as some of the best iGaming companies in the world offer horse racing. Let’s take a look at the best options.
Top Kentucky Derby Online Betting Apps
A look at the best online betting apps to bet on the Kentucky Derby. There are many apps to bet on horse racing, but these are the the fan favorites.
TVG Horse Racing Betting App
TVG is one of the most well-known online horse racing betting applications, available on iOS devices. The app has plenty of historical information, live streams of the races, and an easy-to-use platform with a generous welcome bonus. Unfortunately, TVG is not available on Android devices yet but does have a mobile-friendly version. TVG has a welcome bonus that includes a risk-free bet, deposit match, and more.
TwinSpires Horse Racing Betting App
TwinSpires is the most popular horse betting app around, as it is a partner of the Kentucky Derby. You can download the TwinSpires app on both iOS and Android devices, and can wager on horse racing from tracks all over the world. You can watch nearly any race you can image in its replay library, and TwinSpires provides handicapping, expert picks, and more from top horse racing analysts.
FanDuel Horse Racing
Did you know that FanDuel has their own horse racing platform? FanDuel is offering $5 FREE and a match up to $50 on your first deposit. Given the reputation of the company, the app on both Android and iOS platforms is a seamless experience, and allows for all sorts of betting options.
BetAmerica Horse Racing App
BetAmerica is available on both iOS and Android platforms, and offers a seamless horse racing betting experience. In addition to horse racing, it allows you to bet on greyhounds as well for those allowed. There are racetracks that are streamed and able to wager on from USA to Australia, making BetAmerica one of the most popular choices for horse racing bettors.
How to Bet on Horse Racing
There are many ways to bet on horses, and it is quite a bit different than using online casinos or online sportsbooks. Betting on horses comes with its own set of lingo and strategy. Here are some of the ways to bet on horses, explained. The first thing you will need is a bit of information on which race to bet on. You will need the track name, race number, horse, dollar amount, and what type of bet.
Win, Place, and Show Betting
Win – If your horse finishes first, you win money.
Place – If your horse finishes 1st or 2nd, you win money.
Show – If your horse finishes 1st, 2nd, or 3rd, you win money.
You can also bet across the board, which is a combination of the win, place, and show. If your horse wins, you cash all three bets, if horse comes in second, you win Place and Show, etc.
What is an Exacta bet?
Pick two horses, if they come in first and second in exact order, you win.
Quinella (Exacta Box)
Pick two horses, if they come in first and second in any order, you win.
What is a Trifecta?
Pick three horses, if they come in first, second, and third in exact order, you win. You can also box this, similar to an exacta box.
What is a Superfecta?
Pick four horses, if they come in first, second, third, and fourth in exact order, you win.
Pick two winners of two races, and you win. You have to bet on both races before the first race begins.
Same as Daily Double, but for three races.
Same as Pick 3, but four races.
Pick the winner in six straight races, and you win. Massive odds, but massive risk.
Kentucky Derby Betting History
The Kentucky Derby is one of the biggest events in terms of betting each year. Here is a look at some betting history for the beloved event, including top longshots, best finishes, and more.
Top 5 Kentucky Derby Longshots
A list of the top 5 longshots that have won the Kentucky Derby.
- Donerail – 91/1
- Mine That Bird – 50/1
- Giacomo – 50/1
- Gallahadion – 36/1
- Charismatic – 31/1
In the 1913 Kentucky Derby, Donerail was a massive longshot at 91:1. Somehow the horse won, and it changed the face of odds forever as you can see above. No other longshot has won at more than 50:1 odds since that day in 1913.
Best Kentucky Derby Finishes
There have been some tremendous finishes over the last 150 years of the Kentucky Derby, including longshots winning, close finishes, and more. Let’s take a look at some of the best finishes in Kentucky Derby history.
2009 Kentucky Derby – Mine That Bird
Mine That Bird was a massive upset at 50:1, and ran away from the field in 2009.
2001 Kentucky Derby – Monarchos Nearly Dethrones Secretariat
In 2001, we almost saw a record-breaking performance from Monarchos who finished just behind Secretariat’s time in the Kentucky Derby. Just two-fifths of a second separated Monarchos from the top overall time.
2019 Kentucky Derby – Debacle Ends, Maximum Security Loses in Controversy
This may be one of the most memorable finishes, but for the wrong reason. Maximum Security won the race, but then lost due to controversy which resulted in a foul and was stripped of the win.
Fastest Kentucky Derby Horse
To this date, Secretariat still holds the fastest time to finish the Kentucky Derby at 1:59 2/5. That is still the track record for Churchill Downs. One of the most storied horses in the history of the sport holds that title for a reason. A list of the top 5 finishers in terms of time:
- Secretariat – 1:59 2/5
- Monarchos – 1:59.97
- Northern Dancer – 2:00
- Spend a Buck – 2:00 1/5
- Decidedly – 2:00.4
Jockeys with Most Kentucky Derby Wins
A look at the jockeys with the most career Kentucky Derby wins.
- Eddie Arcaro – 5 (1938, 1941, 1945, 1948, 1952)
- Bill Hartack – 5 (1957, 1960, 1962, 1964, 1969)
- Bill Shoemaker – 4 (1955, 1959, 1965,1986)
- Seven tied with three (3).
Data from KentuckyDerby.com
Trainers with Most Kentucky Derby Wins
A look at the trainers with the most career Kentucky Derby wins for horses they have trained.
- Ben Jones – 6 (Lawrin, Whirlaway, Pensive, Citation, Ponder, Hill Gail)
- Herbert J. Thompson – 4 (Behave Yourself, Bubbling Over, Burgoo King, Brokers Tip)
- D. Wayne Lukas – 4 (Winning Colors, Thunder Gulch, Grindstone, Charismatic)
- Bob Baffert – 4 (Silver Charm, Real Quiet, War Emblem, American Pharoah)
- James Fitzsimmons – 3 (Gallant Fox, Omaha, Johnstown)
- Max Hirsch – 3 (Bold Venture, Assault, Middleground)
Data from KentuckyDerby.com
Kentucky Derby Frequently Asked Questions
Can I bet on the Kentucky Derby legally?
Yes, the Kentucky Derby can be legally wagered on in most of the states in the US.
When is the 2020 Kentucky Derby?
The 2020 Kentucky Derby has been rescheduled to Saturday, September 5th, 2020.
Who won the 2019 Kentucky Derby?
The winner of the 2019 Kentucky Derby was a horse named Country House.
Who won the 2018 Kentucky Derby?
The winner of the 2019 Kentucky Derby was a horse named Justify.
When was the 2020 Kentucky Derby supposed to be?
The 2020 Kentucky Derby was originally scheduled for Saturday, May 2, 2020. It was postponed to September 5th due to the coronavirus pandemic.
Where can I bet on the Kentucky Derby?
You can bet on the Kentucky Derby at your local track or online at legal online horse racing betting apps.
Who is the favorite to win the Kentucky Derby?
The favorite to win the 2020 Kentucky Derby is Tiz the Law, at +150.
Where does the Kentucky Derby take place?
The Kentucky Derby takes place at the famous Churchill Downs in Louisville, Kentucky.