2020 Kentucky Derby Betting Guide: Odds, New Date, Favorites To Win

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.

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.

 

Kentucky Derby Odds 2020

Horse Odds to win 2020 Kentucky Derby
Nadal 8/1
Tiz The Law 10/1
Authentic 10/1
Dennis’ Moment 12/1
Thousand Words 16/1
Maxfield 16/1
Mr. Monomoy 18/1
Independence Hall 20/1
Honor AP 20/1
No Parole 25/1
Enforcable 25/1
Eight Rings 25/1

These are the current odds as of May 1st on TVG, for the 2020 Kentucky Derby. Of the top 12 horses in terms of odds, there is only one horse that has odds of better than 10:1. “Nadal” is a three-year old horse trained by Bob Baffert, bred in Kentucky. “Tiz the Law” and “Authentic” are right behind Nadal at 10:1 each. These odds will surely change in the coming months leading up to the Kentucky Derby.

 

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:

  • Alaska
  • Georgia
  • Hawaii
  • Mississippi
  • Nebraska
  • South Carolina
  • Utah
  • 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.

 

Best 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.

Daily Double

Pick two winners of two races, and you win. You have to bet on both races before the first race begins.

Pick 3

Same as Daily Double, but for three races.

Pick 4

Same as Pick 3, but four races.

Pick 6

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.

Where does the Kentucky Derby take place?

The Kentucky Derby takes place at the famous Churchill Downs in Louisville, Kentucky.