Currently, there are 31 states in the nation that allow legal Kentucky Derby betting, with Florida, Illinois, Michigan, New York, and Pennsylvania standing out as some of the biggest names. Depending on the state, a number of race books have legal permission to accept online wagers.

TwinSpires, part of publicly-traded Churchill Downs (NASDAQ: CHDN), is the official online wagering home of the Kentucky Derby. TwinSpires delivers the ultimate horseracing experience, with the latest in technology for wagering that’s safe and secure.

Betting on the Kentucky Derby online is easy once you’ve set up an account. When you bet on a horse to win, simply locate the track listing at Churchill Downs and the race number of the Kentucky Derby and select the horse number. Add it to your bet slip and confirm the amount of the win wager.

2021 Kentucky Derby Live Odds

• Known Agenda. Trainer: Todd A. Pletcher.
• Like the King. Trainer: Wesley A. Ward.
• Brooklyn Strong. Trainer: Velazquez Daniel.
• Keepmeinmind. Trainer: Robertino Diodoro.
• Sainthood. Trainer: Todd A.
• O Besos. Trainer: Gregory D.
• Mandaloun. Trainer: Brad H.
• Medina Spirit. Trainer: Bob Baffert.

Place payoffs typically pay between $3.00 and $10.00, but can pay more with longshots and less with overwhelming favorites. Since the money you win in a place bet is generated by all of the money bet on the losing horses, the more horses in the race the greater your chances for a larger place payoff.

Trained by Bob Baffert, who picked up his seventh Kentucky Derby win as a trainer, Medina Spirit held off Mandaloun, Hot Rod Charlie and the rest of the pack in the Run for the Roses. The $2 exacta paid $503.60, the $1 trifecta paid $1,696.90 and the $1 superfecta paid $9,456.40.

Your payout is calculated by subtracting the amount of winning dollars from the total pool, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.