It’s Derby Day! The 2023 Kentucky Derby is set to take place at Churchill Downs Racetrack this evening (Saturday, May 6th). The race has a post time of 6:57pm EST and will be broadcast on NBC.
The Derby is typically the second most wagered on single day sporting event in the USA each year, next to only the Super Bowl. I’m expecting a lot of new bettors eager to wager on this years Kentucky Derby. For this reason I added this page to help Washington and Oregon residents understand how to bet on the Kentucky Derby online.
On this page I will recommend our top rated betting site for Washington and Oregon residents, look at the current state of sports betting regulations in both states, and finish with a simple 3 step guide you can follow to place your Kentucky Derby bets online.
Where To Bet On Kentucky Derby
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BetOnline.ag is our top rated betting site for Washington and Oregon residents interested in betting on the Kentucky Derby. They have an easy to use Racebook, some great horse race betting promotions, and they have built a strong reputation as a trusted betting site for US residents.
Kentucky Derby Betting in Washington and Oregon
Sports betting has been legal in Washington since 2020, but sports betting is only allowed at tribal casinos and mobile betting is only available while on tribal land. Although they legally can, the majority of tribal casinos do not even offer sports betting.
Sports betting has been legal in Oregon since 2019, but there is only one mobile app (Draftkings) that Oregon residents can use. Initially the online sports betting in Oregon was only available through the Scoreboard app, which was run by the Oregon Lottery. In January 2022 DraftKings took over sports betting in the state and all Scoreboard customers were moved to DK. To compare odds and find more betting options, Oregon residents must look outside of the one state-approved betting site.
If you live in either Washington and want to bet on the Kentucky Derby online, you must do so through offshore betting sites that are licensed outside of the USA. The same is true for Oregon residents who want to compare odds or bet with a sportsbook that hasn’t been given exclusive access by the State Lottery. BetOnline.ag is our recommended betting site for Washington and Oregon residents. They are licensed in Panama and have served the US betting market for nearly two decades.
2023 Kentucky Derby Winner Odds
Here are the fixed “to win” odds for the 2023 Kentucky Derby from BetOnline. These odds are from May 6th – the day of the Derby. To see the current odds go to BetOnline.ag, select ‘Sports’ from the top menu bar, open the ‘Horse Racing’ drop down menu in the left sidebar and select ‘Horses Daily’ -> ‘Churchill Downs’.
Tapit Trice is the favorite, while and Angel of Empire and Derma Sotogake are the two other top contenders.
**You can also place your Kentucky Derby bets through the Racebook section of the BOL website by opening the ‘US Thoroughbred’ drop down menu and selecting ‘Churchill Downs’.
Bet On The Kentucky Derby – 3 Step Guide
Follow these three steps to bet on the Kentucky Derby online from anywhere in Washington or Oregon.
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ on the home page, and complete the sign up form to open your account.
BetOnline is our top rated betting site for residents of Washington and Oregon.
Step 2. Deposit Funds
After logging into your BOL account click on the ‘Deposit’ button. Choose your preferred deposit method, enter the amount to deposit, and follow the instructions to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies and various e-wallets. You can withdraw your winnings via most of the same methods, as well as bank wire or check through the mail.
Step 3. Bet On The Kentucky Derby
You can place your Kentucky Derby bets through the ‘Sports’ and ‘Racebook’ section of the BetOnline website.
Sportsbook (Fixed Odds)
You can bet on the Kentucky Derby winner at fixed odds in the ‘Sports’ section of the BOL website. Open the ‘Horse Racing’ drop down menu and select ‘Horses Daily’ -> ‘Churchill Downs’. Here’s a screenshot showing the clicks to place a Derby bet in the sportsbook (screenshot taken May 6th – the day of the Derby):
Racebook (Parimutuel Betting System)
You can bet the full variety of horse racing wagers on the Kentucky Derby through the BetOnline Racebook. The bets in the Racebook use the parimutuel betting system, which means the odds are not fixed and can change up until race time depending on the amount of money wagered on each horse or bet type.
Select ‘Racebook’ from the top menu bar, open the ‘US Thoroughbred’ drop down menu and select ‘Churchill Downs’. The Kentucky Derby is race #12 on May 6th (post time: 6:57pm).
Select the bet type you want to make (win/place/show, exacta, trifecta, etc), enter your wagers for the race and click ‘Add To Bet Slip’. If you are happy with the bets click ‘Submit All Bets’ to make the wagers official.
Make sure you check out our horse racing section for a full breakdown of the popular bets you can make on the Kentucky Derby on race day.
Ready to bet? Click here to visit BetOnline.ag.