2024 Kentucky Derby Odds: Live Odds & Latest Betting Favorites

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Last updated: February 28, 2024 at 4:22 a.m. EDT

Odds for the 2024 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 2024 Kentucky Derby odds?

Return to this page following the 2024 Kentucky Derby post position draw for the official morning line odds! Until then, you can reference Kentucky Derby fair odds below.


Early 2024 Kentucky Derby Odds

Fair Odds for the Kentucky Derby: With almost two months 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 | Pool 4
1 Sierra Leone
TBD
6-1
2 Track Phantom
8-1
20-1
3 Fierceness
6-1
16-1
4 Stronghold
TBD
99-1
5 Catching Freedom
15-1
31-1
6 Mystik Dan
10-1
21-1
7 Hades
20-1
32-1
8 Uncle Heavy
30-1
72-1
9 No More Time
TBD
99-1
10 Locked
5-1
16-1
11 Liberal Arts
30-1
57-1
12 West Saratoga
50-1
99-1
13 Timberlake
15-1
15-1
14 Just Steel
30-1
79-1
15 Honor Marie
8-1
36-1
16 El Grande O
50-1
99-1
17 Nash
30-1
69-1
18 Agate Road
TBD
37-1
19 Otto the Conqueror
50-1
N/A
20 Dornoch
6-1
9-1
21 Alotaluck
TBD
N/A
22 Domestic Product
20-1
80-1
23 Resilience
TBD
83-1
24 Informed Patriot
50-1
N/A
25 Moonlight
50-1
N/A

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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

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 2024 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?