How to Bet on the 2024 Kentucky Derby: Apps & Promos, Bet Types & More for Saturday
Getty Images. Pictured: The Churchill Downs marquee celebrating the 150th running of the Kentucky Derby, as we break down the 2024 Kentucky Derby odds and make our predictions for Kentucky Derby best bets, picks to win, long shots, and exotics including exactas, trifectas, superfectas.
The 2024 Kentucky Derby is one of the most prestigious horse races of the year, and it will take place on Saturday. If you're looking to wager on the Kentucky Derby, we have identified some of the best online horse racing betting apps you can use, along with some promos and bonuses available at each.
We'll discuss how to sign up and the most popular bet types associated with online horse racing betting so you can feel prepared from the start. Betting on horse racing is a lot different than online sports betting, but the general gist is the same. You receive odds to bet on a horse or multiple horses, just as you would for a player or team in sports betting.
Let's discuss how to bet on the 2024 Kentucky Derby today.
How to Register at Horse Racing Betting Apps
Signing up for a few online horse racing betting apps should be quick. While the exact order of steps for registration varies by the app, the guide below provides a solid foundation:
- Head over to the online horse racing betting app you have selected, like Twinspires
- Sign up for a new account by supplying your real information (name, address, etc.)
- Create a username and password.
- Agree to the app's terms and conditions.
- Claim the site's welcome offer using a promo code if you have one.
- Make your first deposit.
- Place bets as you work through the offer's wagering requirements.
2024 Kentucky Derby Odds
Check out the odds below for this year's Kentucky Derby.
| Post | Horse | Odds |
|---|---|---|
| 1 | Dornoch | 20/1 |
| 2 | Sierra Leone | 3/1 |
| 3 | Mystik Dan | 20/1 |
| 4 | Catching Freedom | 8/1 |
| 5 | Catalytic | 30/1 |
| 6 | Just Steel | 20/1 |
| 7 | Honor Marie | 20/1 |
| 8 | Just a Touch | 10/1 |
| 9 | Encino | Scratched |
| 10 | T O Password | 30/1 |
| 11 | Forever Young | 10/1 |
| 12 | Track Phantom | 20/1 |
| 13 | West Saratoga | 50/1 |
| 14 | Endlessly | 30/1 |
| 15 | Domestic Product | 30/1 |
| 16 | Grand Mo the First | 50/1 |
| 17 | Fierceness | 5/2 |
| 18 | Stronghold | 20/1 |
| 19 | Resilience | 20/1 |
| 20 | Society Man | 50/1 |
| 21 | Epic Ride | 50/1 |
| 22 | Mugatu | 50/1 |
Where is online horse racing betting legal?
Online betting on horse racing is legal in 41 U.S. states. Some states, like Texas, allow wagering on horse races only in person. Use the chart below to see if your state has legal online betting on horse racing.
| Legal States | Yes/No |
|---|---|
| Alabama | Yes ✅ |
| Alaska | No ❌ |
| Arkansas | Yes ✅ |
| Arizona | Yes ✅ |
| California | Yes ✅ |
| Colorado | Yes ✅ |
| Connecticut | Yes ✅ |
| Delaware | Yes ✅ |
| Florida | Yes ✅ |
| Georgia | No ❌ |
| Hawaii | No ❌ |
| Idaho | Yes ✅ |
| Illinois | Yes ✅ |
| Indiana | Yes ✅ |
| Iowa | Yes ✅ |
| Kansas | Yes ✅ |
| Kentucky | Yes ✅ |
| Louisiana | Yes ✅ |
| Maine | No ❌ |
| Maryland | Yes ✅ |
| Massachusetts | Yes ✅ |
| Michigan | Yes ✅ |
| Minnesota | Yes ✅ |
| Mississippi | No ❌ |
| Missouri | Yes ✅ |
| Montana | Yes ✅ |
| Nebraska | Yes ✅ |
| Nevada | No ❌ |
| New Hampshire | Yes ✅ |
| New Jersey | Yes ✅ |
| New Mexico | Yes ✅ |
| New York | Yes ✅ |
| North Carolina | Yes ✅ |
| North Dakota | Yes ✅ |
| Ohio | Yes ✅ |
| Oklahoma | Yes ✅ |
| Oregon | Yes ✅ |
| Pennsylvania | Yes ✅ |
| Rhode Island | Yes ✅ |
| South Carolina | No ❌ |
| South Dakota | Yes ✅ |
| Tennessee | Yes ✅ |
| Texas | No ❌ |
| Utah | No ❌ |
| Vermont | Yes ✅ |
| Virginia | Yes ✅ |
| Washington | Yes ✅ |
| West Virginia | Yes ✅ |
| Wisconsin | Yes ✅ |
| Wyoming | Yes ✅ |
Explaining Bet Types
As mentioned, the markets associated with betting on horse races are vastly different from those associated with online sports betting. Let's take a look at a few of the most popular.
- Win: Betting on a horse to win the Kentucky Derby
- Place: Betting on a horse to finish first or second
- Show: Betting on a horse to finish first, second, or third
- Exacta: Betting on two horses to finish first and second in exact order
- Trifecta: Betting on three horses to finish first, second, and third in exact order
- Superfecta: Betting on four horses to finish first, second, third, and fourth in exact order
Much like sports betting, the harder a bet is to win, the longer the odds will be. Of the six bet types above, the one that typically provides the smallest payout is "Show" while the most considerable winnings can come from "Superfecta" due to the difficulty of correctly guessing the order of the first four horses.
Best Kentucky Derby Promos & Bonuses
When you sign up at any of the online horse racing betting apps we recommend, you will be greeted with a sign-up bonus. You can use the modules below to claim an offer today ahead of the 2024 Kentucky Derby.
FanDuel Racing
At FanDuel Racing, you can sign up and claim a No Sweat First Bet of up to $20. This is available in all FanDuel states with legal sports betting or horse race betting. If you win your first bet, you earn the profits. If your first bet loses, you receive a bet credit equal to what you lost that can be used between now and June 10. This allows you to bet on other Triple Crown races using your bet credit.
If you're in a state without legal online sports betting and have never signed up for a FanDuel product, you can get a No-Sweat First Bet of up to $500. The offer works the same as the one above, but you must use any bonus bets you may receive within seven days.
TwinSpires
Using the TwinSpires promo code ACTIONRACING, you can claim up to a $400 sign-up bonus. This offer provides you with $100 in bet credits for every $400 in wagers you place, given a 4x rollover requirement. You have 30 days to earn as much in bonuses as possible, up to $400.
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