Kentucky Derby Odds: 150th Run for the Roses With Encino Out

It is almost time for the 150th running of the Kentucky Derby. The massive milestone edition will commence on Saturday, May 4.

The gates have already been drawn and it's time to take a look at the odds for each horse in the run for the roses.

Remember when betting on horses, all lines are considered morning odds lines which means the price you are getting when the bet is placed isn't necessarily the odds at close. If you are betting on a horse racing app such as DK Horse, FanDuel Racing or TwinSpires, the bets will be based on the closing numbers. A few sportsbooks offer fixed odds pricing, which would look more like a traditional sports bet.

On Thursday, 20-1 underdog Encino was scratched for this race, dwindling the field to 19 horses. Odds changed accordingly.

FanDuel Racing is providing new users a $500 no sweat bet on their first win bet. If your first bet loses you'll receive $500 in site credit back that you can bet on any market — not just the win market. You will need to be a resident of a state that has legalized online horse betting in order to utilize the promotion. That includes plenty of states that don't have legalized online sports betting.

Even if you've already had a FanDuel account, you're eligible so long as you haven't used their racing platform.

1. Dornoch 16-1 (Open 20-1)

Trainer: Danny Gargan

Jockey: Luis Saez

2. Sierra Leone 5-1 (Open 3-1)

Trainer: Chad Brown

Jockey: Tyler Gaffallione

3. Mystik Dan 26-1 (Open 20-1)

Trainer: Kenny McPeek

Jockey: Brian Hernandez Jr.

4. Catching Freedom 8-1 (Open 8-1)

Trainer: Brad Cox

Jockey: Flavien Prat

5. Catalytic 38-1 (Open 30-1)

Trainer: Saffie Joseph Jr.

Jockey: Jose Ortiz

6. Just Steel 33-1 (Open 20-1)

Trainer: D. Wayne Lukas

Jockey: Keith Asmussen

7. Honor Marie 15-1 (Open 20-1)

Trainer: Whit Beckman

Jockey: Ben Curtis

8. Just a Touch 15-1 (Open 10-1)

Trainer: Brad Cox

Jockey: Florent Geroux

9. Encino SCRATCHED

Trainer: Brad Cox

Jockey: Axel Concepcion

10. T O Password 58-1 (Open 30-1)

Trainer: Daisuke Takayanagi

Jockey: Kazushi Kimura

11. Forever Young 8-1 (Open 10-1)

Trainer: Yoshito Yahagi

Jockey: Ryusei Sakai

12. Track Phantom 50-1 (Open 20-1)

Trainer: Steve Amsussen

Jockey: Joel Rosario

13. West Saratoga 30-1 (Open 50-1)

Trainer: Larry Demeritte

Jockey: Jesus Castanon

14. Endlessly 51-1 (Open 30-1)

Trainer: Michael McCarthy

Jockey: Umberto Rispoli

15. Domestic Product 60-1 (Open 30-1)

Trainer: Chad Brown

Jockey: Irad Ortiz Jr.

16. Grand Mo the First 60-1 (Open 50-1)

Trainer: Victor Barboza Jr.

Jockey: Emisael Jaramillo

17. Fierceness 9-5 (Open 5-2)

Trainer: Todd Pletcher

Jockey: John Velazquez

18. Stronghold 39-1 (Open 20-1)

Trainer: Phil D'Amato

Jockey: Antonio Fresu

19. Resilience 26-1 (Open 20-1)

Trainer: Bill Mott

Jockey: Junior Alvarado

20. Society Man 61-1 (Open 50-1)

Trainer: Danny Gargan

Jockey: Frankie Dettori

21. Epic Ride 59-1 

A note that Mugatu is an the alternate in case another competitor scratches. Epic Ride was the first alternate.