The 2023 Kentucky Derby is set for Saturday, May 6, 2023 with a scheduled post time of 6:57 pm ET. Check out The Post’s top Kentucky Derby betting sites down below and register today to claim the best bonus and promotional offers currently up for grabs ahead of the event.
$400 sign up bonus with code NYPRACING
Create your new wagering account with TwinSpires.com and earn a $400 sign up bonus! Must use promo code on registration to be eligible. Valid for one use per household. $400 bonus cash will be credited in increments of $100 for every $400 wagered. To earn the full $400 bonus players must wager $1600 within 30 days of creating a TwinSpires account. Completed wagers mean that the race has run and the results are official. This sign up offer cannot be combined with any other registration bonus offer. Certain exclusions apply.
Get a $20 No Sweat First Bet for The Kentucky Derby!
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). 21+ and reside in CO, IL, IN, LA, MD, MA, MI, NY, OH, PA, VA, WV, WY. Offer valid on first Derby win wager. Verified FD Racing account required. Refund issued in non-withdrawable Racing site credit that expires on 6/12/23. Restrictions apply. See terms at racing.fanduel.com. Offer not available in AZ, CT, IA, KS, NJ, or TN. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, OH, PA, IL, VA), 1-800-9-WITH-IT (IN), visit http://www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit http://www.1800gambler.net (WV).
More on the Best Kentucky Derby Sites
Kentucky Derby 2023 Preview
The 149th rendition of the Run for the Roses is set to take place on May 6, 2023 at Churchill Downs in Louisville, Kentucky. The 2023 Kentucky Derby, which serves as the first of three highly-anticipated Triple Crown races, has a scheduled post time of 6:57pm ET and will feature a strong crop of horses ready to compete for the sport’s most coveted title.
For those watching from home, coverage of the event will air live on NBC, NBCSports.com, the NBC Sports app and Peacock from its start time of 12:00pm ET until 7:30pm ET.
The field for “The Most Exciting Two Minutes in Sports” is now headlined by the new odds-on favorite, Tapit Trice, who enters this one sitting atop the pack with 9-2 odds to win the race after the original favorite, Forte (3-1), was scratched early Saturday morning.
A hefty $3 million purse will be split among the race’s top-five finishers, with the outright winner of the 2023 Kentucky Derby set to take home $1.86 million.
Updated Kentucky Derby Odds 2023
- Updated odds provided by FanDuel Racing.
| POST | HORSE | ODDS AFTER SCRATCH |
|---|---|---|
| 1 | Hit Show | 27-1 |
| 2 | Verifying | 17-1 |
| 3 | Two Phil’s | 7-1 |
| 4 | Confidence Game | 16-1 |
| 5 | Tapit Trice | 9-2 |
| 6 | Kingsbarns | 10-1 |
| 7 | Reincarnate | 12-1 |
| 8 | Mage | 17-1 |
| 9 | Skinner | scratch |
| 10 | Practical Move | scratch |
| 11 | Disarm | 24-1 |
| 12 | Jace’s Road | 32-1 |
| 13 | Sun Thunder | 30-1 |
| 14 | Angel of Empire | 9-2 |
| 15 | Forte | scratch |
| 16 | Raise Cain | 30-1 |
| 17 | Derma Sotogake | 7-1 |
| 18 | Rocket Can | 27-1 |
| 19 | Lord Miles | scratch |
| 20 | Continuar | scratch |
| 21 | Cyclone Mischief | 33-1 |
| 22 | Mandarin Hero | 21-1 |
| 23 | King Russell | 33-1 |
Best Kentucky Derby Betting Sites Ranked
Below is our definitive ranking of the best Kentucky Derby betting sites that players can use to wager on the 2023 event. From TVG to TwinSpires, each and every brand mentioned is currently offering new users a lucrative welcome package to kick off the festivities. If any bonuses are of interest, be sure to utilize the links in the text or the red buttons in order to claim.
1. TVG
| Handicapping Tools (/5) | Live Streaming | Horse Racing Promos (/5) | App Available |
| 5/5 | ✓ | 5/5 | ✓ |
As one of the more prominent names in online horse betting, it should come as no surprise that TVG landed at the top of our ranking of the best Kentucky Derby betting sites.
Originally launching in 1999 as the Television Games Network, TVG has provided racing enthusiasts with round-the-clock coverage of countless horse races around the globe for the better part of two decades. The popular network was rebranded to FanDuel TV in September 2022, however the mobile app and website continue to serve patrons under the iconic TVG name.
Those that register for a new account using this link can claim TVG’s latest welcome offer, which consists of up to $200 back if your first single-horse win wager happens to fall short. The reimbursement will be issued in the form of a promotional bonus and must be used within 30 days or it will expire.
2. TwinSpires
| Handicapping Tools (/5) | Live Streaming | Horse Racing Promos (/5) | App Available |
| 4/5 | ✓ | 5/5 | ✓ |
As the official online betting partner of the Kentucky Derby, TwinSpires is another great option for placing action on this year’s event.
The brand is owned and operated by Churchill Downs Inc., the same company that hosts the Kentucky Derby each year at its landmark racetrack in Louisville, Kentucky. TwinSpires provides its players with a first-class wagering experience with more than 148 years of service under its belt and is currently offering a loaded welcome bonus to all new signups!
Claim your TwinSpires new-user offer by clicking on the link above and entering the bonus code NYPRACING during registration. In doing so, first-time players can score up to $400 in bonuses by simply placing some bets! After successfully signing up, every $400 wagered on races will unlock an additional $100 in bonus funds. To take advantage of the full promotion, players will need to wager a total sum of $1,600 within 30 days of account creation.
3. AmWager
| Handicapping Tools (/5) | Live Streaming | Horse Racing Promos (/5) | App Available |
| 4/5 | ✓ | 3/5 | ✓ |
Rounding out our list of the best Kentucky Derby betting sites is none other than AmWager, which isn’t as much of a household name as TVG or TwinSpires but provides a product of similar stature.
Available both in-app and on desktop, AmWager boasts industry-best update speeds, free live video, and countless other innovative features. And unlike its competition, AmWager offers all new users a lucrative welcome bonus consisting of a 100% match on their first deposit worth up to $150 in wagering credits.
In order to claim the 100% deposit match from AmWager, first-time patrons must register for a new account using this link. After making an initial deposit, the user must place $150 in subsequent wagers in order to unlock the match. If only depositing $100, $50, or any other amount, the user would only need to wager that amount to receive their match.
Once the promotional wagers are settled, the player will receive their match within 7 days of meeting the requirement. As soon as the wagering credits arrive, players will have 30 days to use them before they expire.
How to sign up at a Kentucky Derby betting site
After clicking on any of the links or bonus codes above to claim your offer, you’ll need to complete the signup process at the preferred racebook of your choice. Just about every industry-standard horse racing betting site has a similar procedure for registration, which typically entails the following steps:
How to Choose a Kentucky Derby betting site
There are various areas to consider when selecting your preferred horse betting app or website. Between new-user bonuses, existing promotions or live streaming capabilities, always be sure to think long and hard about where you plan on placing your action based on the following criteria:
Welcome Bonuses
Whether it is issued in the form of a deposit match, bet reimbursement or bet-and-get special, a welcome bonus is by far the most important aspect of choosing the best horse betting site for you.
After all, nothing quite sweetens the pot like some extra funds or additional incentives to begin your time with a specific site or app. TVG, TwinSpires and AmWager all offer different types of welcome bonuses, so check out all three to determine which one suits your wagering style the best!
Existing User Promotions
After the dust settles and your welcome bonus is long in the rearview, it will pay to use a racebook that offers promotions to its existing users. Popular sites like TVG keep their customer base involved by offering cash back promotions, insurance on specific bet types and even a bonus prize pool to be split amongst players who successfully hit a certain style of bet.
When your horse betting site of choice has a strong promotional department, it will definitely enhance the experience and keep you coming back for more.
Loyalty Programs
Similar to any racebook that offers a strong crop of existing user promotions, it also pays to use a horse betting site that provides its players with some sort of customer loyalty program.
Loyalty programs reward active users with each and every wager placed, often loading up their accounts with bonus funds or points of some sort that can be redeemed for extras. If you plan on wagering on races often, finding a horse betting site with a strong customer loyalty program should be a very high priority.
Tools & Tips
For those that don’t have much experience betting on horses or simply want to fine-tune their wagering strategy, selecting a racebook that offers various tools and expert tips can go a very long way.
From Past Performance data to free expert picks and insight, always take a quick scan at a horse betting app or site before signing up to make sure it has the proper tools available to help you make better wagers.
States Where You Can Bet on the Kentucky Derby Online
Unlike online sports betting or online casino play, digital horse betting is legal and regulated in most states across the map. Players looking to place some action on the 2023 Kentucky Derby from their desktop computer or mobile device will be able to do so, as long as they reside in any of the following U.S. states:
| Alabama | Arizona | Arkansas |
| California | Colorado | Connecticut |
| Delaware | Florida | Idaho |
| Illinois | Indiana | Iowa |
| Kansas | Kentucky | Louisiana |
| Maine | Maryland | Massachusetts |
| Michigan | Minnesota | Montana |
| Nebraska | Nevada | New Hampshire |
| New Jersey | New Mexico | New York |
| North Dakota | Ohio | Oklahoma |
| Oregon | Pennsylvania | Rhode Island |
| South Dakota | Tennessee | Vermont |
| Virginia | Washington | West Virginia |
| Wisconsin | Wyoming |
How to bet on the Kentucky Derby Online
Betting on the Kentucky Derby, or on any horse races in general, can be a bit overwhelming for novice bettors. Before placing any action on this year’s race, be sure to be aware of and understand the different types of wagers and bet types that are offered by the various racebooks mentioned above.
- Win: Wager on a horse to ‘Win’ if you think it will finish in first place.
- Place: Wager on a horse to ‘Place’ and cash your ticket if they finish in first or second place.
- Show: The payout will be much lower, but your horse can finish in first, second or third place in order to cash a ‘Show’ ticket.
- Exacta: Select the first and second place finishers in their exact order.
- Quinella: Select the first and second place finishers where order does not matter.
- Trifecta: Select the first, second and third place finishers in their exact order.
- Superfecta: Select the first, second, third and fourth place finishers in their exact order.
- Super Hi-Five: Select the first, second, third, fourth and fifth place finishers in their exact order.
Kentucky Derby Betting FAQs
Below are some of the more frequently asked questions discussed amongst those looking to wager on the Kentucky Derby. If you have any further questions that aren’t addressed below, be sure to check out the extensive FAQ menu found within your preferred racebook app or website of choice.
When is the 2023 Kentucky Derby?
The 2023 Kentucky Derby will take place on May 6, 2023. The main event has a scheduled post time of 6:57pm ET.
Who is favored to win the 2023 Kentucky Derby?
Tapit Trice is currently listed as the odds-on favorite to win the 2023 Kentucky Derby at 9-2, according to FanDuel Racing.
Which states can bet on the Kentucky Derby online?
Most U.S. states have legal access to online horse wagering sites. Players based in the following states can place wagers on the 2023 Kentucky Derby via their smartphone or computer: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Vermont, Virginia, Washington, West Virginia, Wisconsin & Wyoming.
What is the minimum age to bet on the Kentucky Derby?
The majority of U.S. states require players to be at least 18 years old in order to place legal wagers on the Kentucky Derby and other horse races, however it does vary by state. For example, Arizona residents must be 21 years or older in order to participate.
What are the best sites to bet on the Kentucky Derby online?
TVG, TwinSpires and AmWager are the Post’s top recommendations for players interested in wagering on the 2023 Kentucky Derby. Register today for any of the three sites using the links on this page to unlock a loaded welcome offer!
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