How To Bet On The 2020 Kentucky Derby in the USA

By Horse Racing

It’s Kentucky Derby day! The Kentucky Derby is firmly ingrained in the betting culture of the United States.  The Derby is the second most bet on sporting event in the country in a typical year, next to only the Super Bowl.

I know there are plenty of Americans who will be making their first bet online for this years Kentucky Derby.  For this reason I wanted to create this guide to provide a simple step by step “how to” guide for new bettors to get some action on the Kentucky Derby.

On this page you will find our top rated betting site for the Derby, some early Kentucky Derby odds and a 3 step guide to getting your Kentucky Derby bet placed online within minutes.

Best Kentucky Derby Betting Site for Americans

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BetOnline is our top rated site for betting on the Kentucky Derby.  They have a terrific, easy to use racebook and they jack up horse racing profit limits to $100,000 for the Derby.

I will be using BetOnline for both the odds and the “how to guide” for betting on the Kentucky Derby below.

Kentucky Derby Win Odds

Here are the “to win” odds for the 2020 Kentucky Derby from  These odds are up to date as of race day, September 5th.  I’ve included the 13 horses with 66/1 or better odds to win the Derby.  To see the full list of current odds you should visit and select ‘Horse Racing’ -> ‘Horses Daily’ -> ‘Churchill Downs’ from the left sidebar in the ‘Sports’ section of the site.

  • Tiz The Law -150
  • Honor A.P. +550
  • Authentic +1000
  • NY Traffic +1600
  • Max Player +1800
  • Thousand Words +1800
  • Money Moves +2800
  • Sole Volante +3300
  • Enforceable +4000
  • Attachment Rate +4000
  • Storm The Court +5000
  • Major Fed +6600
  • Mr Big News +6600

**You can also bet on the Kentucky Derby through the ‘Racebook’ section of the BetOnline website by selecting ‘Churchill Downs’ under the ‘Thoroughbred’ drop down menu.

Tiz the Law is a huge favorite to win the race. This years Kentucky Derby was postponed from its usual date in May and this caused the Derby to be bumped to the second race of the 2020 Triple Crown after the Belmont Stakes went ahead as scheduled on June 20th. Tiz the Law won the Belmont Stakes and followed it up with another win at the Travers Stakes in August, so it makes sense that he’s the overwhelming favorite heading into the Kentucky Derby.

Bet On The Kentucky Derby from the USA – How To Guide

Follow these 3 simple steps to get your Kentucky Derby bets placed online in under 5 minutes.

Step 1. Open a Account

BetOnline is our top rated site for Americans looking to bet on the Kentucky Derby.  They have a very easy to use racebook and they are focused on providing a great betting service to the American public.

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

Step 2. Deposit

BetOnline accepts Visa, MasterCard, American Express, bitcoin, Skrill, Neteller and various other deposits.  You can cash out your winnings through bitcoin, Skrill, Neteller, bank wire or cashiers check.

It’s quick and easy to get money into and out of your BetOnline account.

Step 3. Place Your Derby Bets

It’s time to place your Kentucky Derby bets.  Depending on what type of bet you want to make you can bet through the ‘Sports’ or ‘Racebook’ sections of the BetOnline website.

**You can now place all of your Derby bets in the ‘Racebook’ section of the site.  Check out the ‘Racebook’ section below for that guide/screenshot.

Sportsbook (Fixed Odds)

If you’d like to place a bet on the Kentucky Derby with fixed odds you can do so in the ‘Sports’ section of the BetOnline website.  Select ‘Sports’ from the top navigation bar and then select ‘Horse Racing’ followed by ‘Horses Daily’ and ‘Churchill Downs’.  The “to win” odds for the Derby will be displayed under ‘September 5’.  Here’s a screenshot with arrows showing how to find the Kentucky Derby odds.

Racebook (Parimutuel Betting System)

You can place the full variety of horse racing wagers on the Kentucky Derby through the Racebook. These bets will use the parimutuel betting system, which means the odds of your bet can change leading up to post time depending on the amount of money wagered on each horse.

Select ‘Racebook’ from the top navigation bar.  Click on the ‘Thoroughbred’ drop down menu and select ‘Churchill Downs’.  The Kentucky Derby will be race #14 on September 5th (post time of 7:01pm EST).

Select the bet you want to make (win/place/show, exacta, trifecta, etc), enter your wagers and click ‘Add To Bet Slip’. When you are happy with your bets click ‘Submit All Bets’ to lock them in.

Below is a screenshot of the Racebook for the 2020 Kentucky Derby showing some of the clicks.

Be sure to check out our horse race betting section for a further breakdown of the various bets you can make on the Derby on race day.

Are you ready to bet?  Click here to visit

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