2025 Kentucky Derby Odds & Betting Favorites: Early Betting Lines for Churchill Downs
Following Mystik Dan’s victory in the 150th Run for the Roses at Churchill Downs, we are now anticipating the 2025 Kentucky Derby odds on our top Kentucky Derby betting websites.
Fans of horse racing witnessed an epic finish at the Kentucky Derby, with Mystik Dan narrowly beating out Sierra Leone and Forever Young to win by a nose. Despite being a long shot at 18/1 odds, Mystik Dan was the favorite among top horse racing betting sites.
The opening odds for the 2025 Kentucky Derby, scheduled for Saturday, May 3 at Churchill Downs in Louisville, Ky, are still pending. Once they are available, we will provide a detailed analysis of the top Kentucky Derby post positions and offer a comprehensive guide on horse racing betting.
Meanwhile, take a peek at the final odds and top contenders for the 2024 Kentucky Derby. Don’t forget to watch our exclusive simulation of the ultimate Kentucky Derby race, featuring 20 legendary horses from the event’s history.
2025 Kentucky Derby odds
As of now, the 2025 Kentucky Derby odds have not been released. It is too soon to determine which horses may be favored to win the race, but it is advisable to closely follow the top races in the upcoming year to gauge which competitors are performing well and could potentially have a strong showing at Churchill Downs.
As we anticipate the release of the initial odds for next year’s race, let’s take a look back at the final odds for the 2024 Kentucky Derby.
Updated odds as of May 4; refer to our betting calculators for assistance in converting horse racing odds.
| Horse | Post position | FanDuel | bet365 | Morning Line odds |
|---|---|---|---|---|
| Fierceness | 17 | +250 | +300 | 3-1 |
| Sierra Leone | 2 | +300 | +250 | 5-2 |
| Catching Freedom | 4 | +800 | +1000 | 10-1 |
| Just a Touch | 8 | +1000 | +1400 | 8-1 |
| Forever Young | 11 | +1000 | +800 | 20-1 |
| Dornoch | 1 | +2000 | +2500 | 10-1 |
| Mystik Dan | 3 | +2000 | +2500 | 20-1 |
| Just Steel | 6 | +2000 | +2500 | 30-1 |
| Honor Marie | 7 | +2000 | +2000 | 20-1 |
| 9 | OFF | OFF | Scratch | |
| Track Phantom | 12 | +2000 | +2500 | 30-1 |
| Stronghold | 18 | +2000 | +1400 | 20-1 |
| Resilience | 19 | +2000 | +2000 | 50-1 |
| Domestic Product | 15 | +3000 | +2500 | 20-1 |
| Catalytic | 5 | +3000 | +4000 | 20-1 |
| T O Password | 10 | +3000 | +2500 | 50-1 |
| Endlessly | 14 | +3000 | +2000 | 20-1 |
| West Saratoga | 13 | +5000 | +5000 | 30-1 |
| Grand Mo The First | 16 | +5000 | +6600 | 30-1 |
| Society Man | 20 | +5000 | +2500 | 50-1 |
| Epic Ride | 21 | +5000 | +2500 | 50-1 |
| 22 | OFF | OFF | Scratch |
Make sure to use the FanDuel Racing promo code to get the best value on these odds. Don’t pass up this opportunity!
*FanDuel Racing odds can be found in AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY. bet365 Kentucky Derby odds are not available in the US.
Kentucky Derby future wager
Here are the closing odds from Churchill Downs’ sixth 2024 Kentucky Derby Future Wager. Betting started on April 4 and ended on April 6, just before the Wood Memorial, Blue Grass Stakes, and Santa Anita Derby took place.
| Horse | Odds |
|---|---|
| Be You | 52-1 |
| Catalytic | 99-1 |
| Catching Freedom | 12-1 |
| Common Defense | 234-1 |
| Deterministic | 12-1 |
| Domestic Product | 40-1 |
| Dornoch | 12-1 |
| El Grande O | 117-1 |
| Encino | 63-1 |
| Endlessly | 37-1 |
| Epic Ride | 156-1 |
| Evening News | 147-1 |
| Fierceness | 5-2 |
| Forever Young | 14-1 |
| Good Money | 157-1 |
| Grand Mo The First | 179-1 |
| Hades | 92-1 |
| Honor Marie | 26-1 |
| Just A Touch | 22-1 |
| Just Steel | 30-1 |
| Lat Long | 322-1 |
| Mc Vay | 194-1 |
| Merit | 478-1 |
| Mystik Dan | 35-1 |
| No More Time | 277-1 |
| Resilience | 76-1 |
| Seize the Grey | 42-1 |
| Sierra Leone | 7-1 |
| Society Man | 793-1 |
| Stronghold | 30-1 |
| T O Password | 135-1 |
| Tapalo | 294-1 |
| Tessuto | 516-1 |
| Timberlake | OFF |
| Top Conor | 80-1 |
| Track Phantom | 53-1 |
| Tuscan Sky | 24-1 |
| Uncle Heavy | 72-1 |
| West Saratoga | 121-1 |
| All Other Three-Year-Olds | 22-1 |
Kentucky Derby favorites
As we wait to discover the top contenders for the 2025 race, Fierceness and Sierra Leone were both popular choices in the 2024 Kentucky Derby, with odds as high as +300 in the lead-up to the historic 150th Running of the Roses.
The first horse started strong but lost momentum towards the end, ending up in 15th place out of 20 despite high expectations. On the other hand, the second horse made a valiant effort to win, surging towards the front at the last stretch but narrowly missing out on victory in a close photo finish.
Is it possible for Mystik Dan, the winner of the Kentucky Derby, to continue his success and win the Preakness Stakes and Belmont Stakes as well? According to the most recent Triple Crown odds, he is listed at +3300 to achieve this impressive feat.
This content is not meant for use in Massachusetts. Affiliate disclosure: Underscoreg Review may earn advertising commissions for traffic to a sportsbook.
Kentucky Derby odds over time
Out of all the top sports betting websites we reviewed, only bet365 (available in Ontario only) and FanDuel Racing were providing odds for the 2024 Kentucky Derby. Additionally, FanDuel Racing was offering a promotional code for their services.
After winning the Breeders’ Cup Juvenile, Fierceness was initially favored in the betting before being surpassed by Sierra Leone after the Risen Star Stakes. Fierceness reclaimed the top spot with a dominant win in the Florida Derby, but Sierra Leone’s impressive victory in the Blue Grass solidified his status as the horse to beat in the upcoming race on May 4 in Louisville.
In the end, neither competitor could outperform Mystik Dan, who had odds of 25/1 and consensus odds of 18/1 at post time. Despite starting slow, the 3-year-old colt finished strong to secure a huge upset victory, marking its third win in seven races.
How are Kentucky Derby odds made?
Oddsmakers, experts in the field, determine the Kentucky Derby odds by evaluating key factors like previous race performances, jockey and trainer abilities, breeding, and recent workouts to gauge each horse’s chances of winning.
In order to establish the odds, oddsmakers carefully analyze extensive data and information regarding each horse and its connections. They take into account various factors such as the horse’s racing background, speed ratings, past performance, lineage, and success on comparable track surfaces.
Furthermore, oddsmakers consider the betting trends and public preferences, along with any recent news or updates that could affect a horse’s performance in the upcoming race. After analyzing these factors, they determine each horse’s morning line odds, which reflect their prediction of the horse’s likelihood of winning.
The initial odds are used as a baseline for betting, but they are subject to change depending on the betting activity leading up to the race and any new information that becomes available.
Who won the Kentucky Derby and what were the odds?
| Year | Horse | Post Position | Odds |
|---|---|---|---|
| 2024 | Mystik Dan | 3 | +1800 |
| 2023 | Mage | 8 | +1700 |
| 2022 | Rich Strike | 20 | +8000 |
| 2021 | Medina Spirit | 8 | +1200 |
| 2020 | Authentic | 18 | +800 |
| 2019 | Country House | 20 | +6500 |
| 2018 | Justify | 7 | +250 |
| 2017 | Always Dreaming | 5 | +450 |
| 2016 | Nyquist | 13 | +200 |
| 2015 | American Pharaoh | 18 | +250 |
| 2014 | California Chrome | 5 | +250 |
Kentucky Derby 2025 info
- Date: Saturday, May 3, 2025
- Location: Churchill Downs, Louisville, KY
- Race Distance: 1 1/4 miles
- Purse: TBD ($5 million in 2024)
- TV: NBC
Kentucky Derby 2025 FAQs
Who is the 2025 Kentucky Derby favorite?
The opening odds for the 2025 Kentucky Derby have not been released yet. In 2024, the top contenders before the race were FIerceness and Sierra Leone, who were both dealing at +300 on race day, indicating a 25.00% chance of winning.
Who won the 2024 Kentucky Derby?
In 2024, the Kentucky Derby was won by Mystik Dan, ridden by jockey Brian Hernandez and trained by Kenneth McPeek.
What were the odds of Mystik winning the Kentucky Derby?
Mystik Dan was given odds of +1800 entering the 2024 Kentucky Derby.
When is the 2025 Kentucky Derby held?
On Saturday, May 3, 2025, the Kentucky Derby will take place.
Where is the 2025 Kentucky Derby held?
The annual Kentucky Derby takes place at Churchill Downs in Louisville, Kentucky.
How to read Kentucky Derby odds
If you come across horse racing betting sites, you may notice odds displayed in fractional format, such as 3-1 for a favorite or 50-1 for an underdog. If you need help converting these fractional odds to American or decimal odds, feel free to use our convenient and complimentary odds converter tool.
Where can I bet on the Kentucky Derby 2025?
TwinSpires states that Americans in the following states can legally bet on horse racing:
Kentucky horse racing fans can now enjoy online sports betting with the recent launch in Kentucky. This means they can place bets from anywhere in the state for the 2025 Kentucky Derby. Check out our list of the top Kentucky Derby betting sites for a seamless experience!
Horse racing betting odds pages
| Kentucky Derby Odds | Preakness Stakes Odds | Belmont Stakes Odds |
| Kentucky Derby Post Position | Preakness Stakes Post Position | Belmont Stakes Post Position |
Here are our best Kentucky Derby betting sites:
- Caesars Promo Code: SBRBONUS1000 | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
If you are 21 or older and have a gambling problem, please call 1-800-GAMBLER. Please note that bonuses are not available in Ontario.
Related pages
Top Underscoregs and Promotions for Betting in Kentucky (U.S. only) – featuring Kentucky Sports Betting and Apps
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