Thoroughbred racing is one of the oldest sports in the world, and it has a rich history in the United States. When most people think of horse racing in the US, they think of the Kentucky Derby. The “Run for the Roses” has been held every year without interruption since 1875, and it almost always takes place on the first Saturday in May.
The 146th version of the Kentucky Derby will take place at Churchill Downs on Saturday, September 5. There is an awful lot of pomp and circumstance tied to the annual event, from the big hats to the mint juleps to taking part in some good ol’ Kentucky Derby betting.
Betting on the Kentucky Derby has become an industry of its own, as sports betting has exploded in popularity in the United States in recent years. As more and more states vote to legalize and launch their own regulated sports betting industries, more Americans have access to wagering on major sporting events like the Super Bowl, March Madness, and the Kentucky Derby.
Of course, you don’t have to live in a state with its own legal sports betting industry to get access to the best 2020 Kentucky Derby betting sites. In fact, the best horse racing sites for the 2020 Kentucky Derby have been accessible to American bettors for years. These sites operate offshore, and there are no laws in place that prohibit Americans from placing real money bets on the Kentucky Derby and other sporting events all year long.
What are the best sites for 2020 Kentucky Derby betting? Check them out below.
Bovada is one of the longest-running and most well-known names in the online sports betting industry. So, it should come as no surprise that Bovada is also among the very best horse racing betting sites, too. If you’re looking for where to bet on the Kentucky Derby online, look no further than Bovada.
Kentucky Derby Betting Options
Bovada has no shortage of ways to bet on the 2020 Kentucky Derby. Of course, you can bet on which horse will win. That’s the most popular way to bet on the Kentucky Derby, and millions of dollars are wagered every year via straight moneyline bets on the winner.
If the event has a sizable favorite, Bovada will also give bettors the option to place a bet on the favorite vs. the field. Wagering on the field typically will not offer as much plus-money value as betting on a specific horse to upset the favorite, but it’s a good way to improve your chances of placing a winning bet.
Bovada offers win/place/show odds for every Thoroughbred in the field as well. Picking the winner is difficult enough, but picking which horses also finish second (place) and third (show) adds a whole new element of excitement. Win/place/show odds are standard options you will find at all of the best Kentucky Derby betting sites.
Another way to bet on the Kentucky Derby online at Bovada is by placing exotic bets. Exotic bets include exacta, trifecta, superfecta, and quinella wagers. With these bets, you’re betting on the exact order in which the horses finish the race. The odds get longer with the more horses you add to your bet slip, but the payouts are potentially massive!
Why Bet on the Kentucky Derby at Bovada?
In addition to the array of different Kentucky Derby betting options that you’ll find, Bovada is among the biggest names in the sports betting realm for a number of other reasons as well.
Bovada is known for offering advantageous bonuses to members that rank among the best you’ll find anywhere on the web. First-time deposit bonuses give new customers the chance to boost their bankroll before even placing their first bet! Bovada will also offer unique daily and weekly bonuses, as well as other promotions tied to major events like the Kentucky Derby.
Bovada is among the safest horse racing betting sites anywhere, with dedicated teams of customer service professionals on hand to help you if you run into any issues or have any questions about the online betting experience. You won’t be able to get the full Kentucky Derby betting experience if you’re nervous about keeping your personal information secure, but you don’t need to have that fear with Bovada. It ranks among the safest sites for 2020 Kentucky Derby betting online available today.
As is the case with Bovada, MyBookie is one of the more well-respected names in the online sports betting marketplace. While MyBookie may not be quite as well-known on a large-scale basis as Bovada, you would still be hard-pressed to find a better horse racing site for the 146th Kentucky Derby.
Kentucky Derby Betting Options
In addition to the standard moneyline options on which horse will win as well as win/show/place odds and a number of exotic bets, you will also find countless Kentucky Derby-related props available at MyBookie.
For example, you can place a bet on the margin of victory for 146th Kentucky Derby betting. MyBookie has updated odds on the best horse winning in a dead heat, by a nose, by a full head length, by a neck, and more! Horce racing bettors can also wager on the amount of time it will take for the first horse to complete the first quarter-mile and half-mile of the race.
Some of the other unique prop bets include whether the winning horse will come from gates 1 through 10, or 11 through 20. You can even wager on whether the winning horse’s trainer will be a first-time Derby winner.
Prop bets are a huge part of what makes the Kentucky Derby online betting experience unique, fun, and hopefully, profitable! MyBookie has you covered with all sorts of different ways to bet on the 2020 Kentucky Derby.
Why Bet on the Kentucky Derby at MyBookie?
Over at MyBookie, new bettors looking to get in on the action ahead of the 146th Kentucky Derby can collect a welcome bonus of 50% on any deposit up to $1,000! That’s one of the most advantageous first-time deposit bonus offers you’ll find at any horse racing betting site. Bonuses and promotions are a big part of what makes MyBookie such a renowned name in the industry.
Another box that just about all of the best horse racing sites for the 2020 Kentucky Derby checks off is the ability to place your bets using a mobile device. We use our iPhones and Androids for just about everything nowadays, so why should sports betting be any exception? MyBookie has one of the most comprehensive and easy-to-use mobile sportsbook apps you’ll find anywhere. All you have to do is download it to your smartphone or tablet, and you will be able to access your betting account from anywhere!
Placing bets on the Kentucky Derby via your mobile device is all about convenience, and MyBookie’s mobile app is top-of-the-line.
You can bet on the “Sport of Kings” at BetOnline, too. Of course, you don’t even have to be an avid fan of horse racing to enjoy a profitable online Kentucky Derby 2020 betting experience. BetOnline is one of the go-to sites for all things sports betting for Americans, and their comprehensive Kentucky Derby coverage is right there with their highly-rated competitors.
Kentucky Derby Betting Options
The vast majority of Kentucky Derby bets placed online at BetOnline are straight bets on the winner of the race. You can also place those same exacta, trifecta, and superfecta wagers you’ll find at most horse racing betting sites.
BetOnline doesn’t just offer odds on the main event, though. You will also find up-to-the-minute betting options on the many undercard races that take place before the Derby, including the Kentucky Oaks. With a “Pick 3,” for example, you have to correctly pick the winner of three straight races on Derby Day. BetOnline also offers Pick 4, 5, and 6 options if you’re feeling particularly lucky.
BetOnline even offers futures bets on the Derby, which means you can get your Kentucky Derby betting in months ahead of time, if you so choose. The real money offerings found at BetOnline are among the most competitive in the industry.
Why Bet on the Kentucky Derby at BetOnline?
As of this writing, BetOnline offers the same 50% bonus on all deposits up to $1,000 that you’ll find as a first-time player at MyBookie. In addition to their extensive betting options, a few things that set BetOnline apart from the competition are their accessibility and their wide variety of banking options. The best Kentucky Derby 2020 betting sites give prospective players many different viable banking methods to process payments.
In addition to the usual major credit and debit cards, BetOnline also accepts Bitcoin and a variety of different cryptocurrencies. Litecoin and Ethereum are just a couple of the other cryptos with which you can make your deposits and withdrawals for your Kentucky Derby betting. E-wallets, like Skrill, Neteller, and PayPal are also accepted. You can also set up a wire transfer directly from your bank. If you’re more old school, you can deposit via a check or money order.
In addition to their first-time deposit bonus, BetOnline actually offers bonuses on every single deposit you make on the site. What’s not to like about that? The best sites for betting on the Kentucky Derby online reward loyal customers. BetOnline does just that.
BetOnline also accepts players from all 50 states, which is a unique trait you won’t often find among all Kentucky Derby betting sites. So, if you live in the US, there’s really no reason not to give BetOnline a try if you’re wondering about how to bet on the Kentucky Derby online.
If you want a clean, easily-navigable experience offering extensive coverage for 146th Kentucky Derby betting online, look no further than BetNow. BetNow’s interface is extremely organized, and what you see is what you get. You won’t be peppered with ads for online casino games or anything else. You’ll get an immersive, easy-to-use online sportsbook.
Kentucky Derby Betting Options
BetNow keeps tabs on the field for the Kentucky Derby months in advance, and the oddsmakers are constantly tinkering to make sure their odds for the race itself are as sharp as can be. In addition to their wealth of Kentucky Derby betting options, BetNow also takes bets on horse races taking place all over the world every single day!
You can place a straight bet on the winner of the Derby, as well as the aforementioned win/place/show options. You can do a Pick 3 or more, just as you can at BetOnline. Another multi-race option offered at BetNow is the Daily Double, which means you have to make the correct pick of the winner of the first two races in a given day.
BetNow is one of the best horse racing sites for the 2020 Kentucky Derby thanks in part to their vast array of different ways to bet on the Run for the Roses.
Why Bet on the Kentucky Derby at BetNow?
First-time depositors at BetNow can recoup a bonus of 50% on deposits up to $1,000. That means you can add another $1,000 to your betting account if you deposit $2,000 on the site while redeeming the bonus code.
As mentioned previously, part of the appeal with BetNow is the site’s clean interface with up-to-date software that streamlines the entire betting process. Betting on the 2020 Kentucky Derby online shouldn’t be a hassle, right?
BetNow offers plenty of banking options, including Bitcoin and all major credit and debit cards. In addition to the welcome bonus, BetNow has a refer-a-friend promotion that means you will receive $100 in bonus cash if you refer someone to the site and they subsequently make a deposit of their own! BetNow also offers a horse rebate bonus that should come in handy for your Kentucky Derby betting exploits.
With this bonus, you can receive an 8% rebate on any horse racing bets you place in a given week. There is no maximum rebate amount, and the money will be put right back into your account!
If you’re in the market for a dependable site with competitive odds on the 2020 Kentucky Derby, SportsBetting.ag is another option that fits the bill. You can feel safe trusting your money with SportsBetting.ag, which ranks among the safest sites for horse racing betting. This isn’t the flashiest site, but there are plenty of reasons SportsBetting.ag rates out as one of the finest sports betting sites on the web.
Kentucky Derby Betting Options
The Kentucky Derby is the most prestigious horse race in the world, so it should come as no surprise that SportsBetting.ag goes all-out for the event every single year. You will find odds on countless races taking place around the United States and all over the world, and the menu of options for the Derby itself is second to none.
You can bet on which horse will win the Derby, of course, as well as the aforementioned win/place/show options. You can combine a number of different races into a parlay that can help you multiply your potential winnings several times over as well! SportsBetting.ag is known for their massive sportsbook offering a wealth of options on tons of sports, and their Kentucky Derby betting options are seemingly endless.
Why Bet on the Kentucky Derby at SportsBetting.ag?
SportsBetting.ag offers a 50% welcome bonus on all deposits with a maximum bonus amount of $1,000. You can then use that extra cash to place your bets on the 146th Kentucky Derby online!
While many online sportsbooks don’t accept American players, US citizens from all 50 states are allowed to place bets on the Kentucky Derby at SportsBetting.ag. This site also rivals BetOnline in terms of its incredible variety of accepted banking methods. SportsBetting.ag allows users to make their deposits with three different types of cryptocurrencies (Bitcoin, Litecoin, Ethereum), as well as Visa, American Express, or Mastercard. Money orders, e-wallets, bank wires, book-to-book, person-to-person, and checks are also viable payment methods for your deposits and withdrawals at the site.
One of SportsBetting.ag’s exclusive promotional offers is their $25 Horse Free Play. If your first bet loses, your betting account will be credited with an extra $25 to help you offset your losses. SportsBetting.ag additionally offers a 7% daily cashback bonus on any horse racing bets placed online!
As you can see, you have plenty of options at your disposal when it comes to where to bet on the Kentucky Derby online. The 146th iteration of the Derby promises to be unlike any we have seen before. With the race taking place on the first Saturday in September, you still have more than enough time to get those bets placed.
If you’re looking for some help betting on the 146th Kentucky Derby, check out our 2020 Kentucky Derby betting guide. So, what are you waiting for? Bet real money on the Kentucky Derby today!
Taylor Smith has been a staff writer with GamblingSites.org since early 2017. Taylor is primarily a sports writer, though he will occasionally dabble in other things like politics and entertainment betting. His primary specialties are writing about the NBA, Major League Baseball, NFL and domestic and international soccer. Fringe sports like golf and horse racing aren’t exactly his cup of tea, bu …