2023 Kentucky Derby Odds: Live Odds & Latest Betting Favorites
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Last updated: May 6, 2023 at 6:43 p.m. EDT
Odds for the 2023 Kentucky Derby are a sought after barometer for horse-players and the public alike, because Morning Line odds help provide details of class and value among the field of Kentucky Derby runners.
- Short odds refers to odds that are closer to even money or '1,' such as '4-5.'
- The shorter the horse's odds, the better the horse can be perceived to be compared among racing peers.
- Long odds refers to odds that move further away from even money or '1,' such as '30-1.'
- The longer the horse's odds, the less talent a horse could have among the Derby starters.
Where can I Find 2023 Kentucky Derby odds?
Return to this page following the 2023 Kentucky Derby post position draw for the official morning line odds! Until then, you can reference Kentucky Derby fair odds below.
- 2023 Kentucky Derby Odds
- LIVE Kentucky Derby odds (on TwinSpires.com)
- Kentucky Derby LIVE odds (on KentuckyDerby.com)
- Kentucky Derby Prep Race Winner Odds
- How Morning Line Odds are made
Official Kentucky Derby morning line odds are selected by an odds line maker following the post position draw on Derby week. The odds maker determines, as best they can, what the odds of each horse will sit at by betting public interest and wagering action.
Any odds or lines that exist anywhere prior to the official Kentucky Derby draw on Derby week are either speculative, a bookmaker's best guess and non official.
Offical 2023 Kentucky Derby Odds
| ML Odds | Horse | Post Position |
|---|
24-1 | Hit Show | 1 |
14-1 | Verifying | 2 |
9-1 | Two Phil's | 3 |
20-1 | Confidence Game | 4 |
9-2 | Tapit Trice | 5 |
11-1 | Kingsbarns | 6 |
14-1 | Reincarnate | 7 |
16-1 | Mage | 8 |
SCR | Skinner | 9 |
SCR | Practical Move | 10 |
25-1 | Disarm | 11 |
32-1 | Jace's Road | 12 |
31-1 | Sun Thunder | 13 |
7-2 | Angel of Empire | 14 |
SCR | Forte | 15 |
31-1 | Raise Cain | 16 |
8-1 | Derma Sotogake | 17 |
28-1 | Rocket Can | 18 |
SCR | Lord Miles | 19 |
SCR | Continuar | 20 |
27-1 | Cyclone Mischief | 21 |
19-1 | Mandarin Hero | 22 |
31-1 | King Russell | 23 |
Early 2023 Kentucky Derby Odds
Fair Odds for the Kentucky Derby: With a little less than two days to go before the first Saturday in May, it’s time to start thinking about where the market should be for the Kentucky Derby (G1).
- Chart Below
- Horses are originally listed in Road to the Kentucky Derby earned points order
- The Kentucky Derby Future Wager Pool 6 odds are the parimutuel odds at closing
- The Fair Odds were last refreshed following the Lexington Stakes
| HORSE | FAIR ODDS | KDFW ODDS |
|---|
Forte | 3-1 | 5-2 |
Practical Move | 9-1 | 14-1 |
Angel of Empire | 8-1 | 29-1 |
Tapit Trice | 8-1 | 11-1 |
Two Phil’s | 25-1 | 21-1 |
Lord Miles | 40-1 | N/A |
Derma Sotogake | 10-1 | 13-1 |
Kingsbarns | 12-1 | 11-1 |
Raise Cain | 40-1 | 81-1 |
Rocket Can | 25-1 | 32-1 |
Hit Show | 30-1 | 30-1 |
Confidence Game | 20-1 | 29-1 |
Verifying | 16-1 | 50-1 |
Sun Thunder | 40-1 | 99-1 |
Wild On Ice | 60-1 | 99-1 |
Mage | 16-1 | 46-1 |
Blazing Sevens | 40-1 | 46-1 |
Disarm | 50-1 | 33-1 |
Reincarnate | 30-1 | 24-1 |
Continuar (JPN) | 40-1 | 54-1 |
Jace's Road | 50-1 | 99-1 |
Skinner | 40-1 | 49-1 |
Cyclone Mischief | 50-1 | 99-1 |
Major Dude | 60-1 | N/A |
Mandarin Hero (JPN) | 40-1 | 99-1 |
King Russell | 80-1 | N/A |
How Kentucky Derby Morning-line Odds Are Made
Kentucky Derby odds are released during the Post Position Draw, a one-hour ceremony that determines starting positions. The Post Position Draw takes place on the Wednesday preceding the Kentucky Derby, which is held on the first Saturday in May. TwinSpires bettors know that we are the home for Kentucky Derby wagering - and these race odds being released are truly one of the most exciting pieces the Kentucky Derby wagering process.
Mike Battaglia, Churchill Downs’ odds maker since 1974, is responsible for both the Kentucky Derby and KDFW morning line odds. He reveals odds for the main event shortly after post positions are drawn.
KentuckyDerby.com streams the Post Position Draw ceremony and the event has been televised nationally on NBCSN and local affiliates.
A full field of 20 contenders can be expected every year for America’s most famous horse race. With the the maximum number of betting interests in other U.S. races sitting at 14, the Kentucky Derby offers the potential for great bet returns.
For live odds, you can log-in to TwinSpires for free or visit KentuckyDerby.com.
Churchill Downs also offers up to four installments of the Kentucky Derby Future Wager (KDFW) in the months leading up to the race. A November KDFW was introduced in 2013, and the remaining three pools are typically scheduled during February, March and April surrounding the important prep races. The morning line odds are released ahead of the weekend and the unique betting opportunity lasts Friday through Sunday.
Morning Line vs Final Odds for Kentucky Derby Prep Race Winners
Below is a table that displays each Road to the Kentucky Derby prep race and that race's winning horse, and what each winning horse's morning line and final odds were going into those races.
- What can we learn from the information on each Kentucky Derby North American prep race winner for the 2023 Kentucky Derby season?
- With morning line odds and final odds side by side in the table below, which horses started as a near favorite and by start time, due to public money fluctuation, fell or gained public betting backing?
- Will these Road to the Kentucky Derby prep race winners be favorites for the Kentucky Derby?