Kentucky Derby Odds & Favorites: Updated Betting Lines for Churchill Downs

A look at updated Kentucky Derby odds and the betting history of the famed race at Churchill Downs.
Kentucky Derby odds
Pictured: Horses compete in the Kentucky Derby at Churchill Downs in Louisville, Kentucky. Photo by: Pat McDonogh/Courier Journal / USA TODAY NETWORK

The Kentucky Derby is one of the top sporting events of the spring each year. Next year's Kentucky Derby odds are not yet available, but we do know when the 2026 "Run for the Roses" will take place. The 2026 edition will go down on Saturday, May 2.

Sovereignty won this year's race with a time of 2:02.31. The William Mott horse went off with 10/1 odds.

🏇 Kentucky Derby odds & post positions

Kentucky Derby odds for 2026 are not yet available, but here is a look at this year's odds.

🏇 Horse 🔢 Odds đźš© Post position đź§Ť Trainer
Journalism 3-1 7 Michael McCarthy
Sovereignty 5-1 16 Bill Mott
Sandman 6-1 15 Mark Casse
Baeza 12-1 19 John Shirreffs
Burnham Square 12-1 8 Ian Wilkes
Luxor Café 15-1 6 Noriyuki Hori
Citizen Bull 20-1 1 Bob Baffert
East Avenue 20-1 10 Brendan Walsh
Publisher 20-1 11 Steve Asmussen
Tiztastic 20-1 12 Steve Asmussen
Neoequos 30-1 2 Saffie Joseph Jr.
Final Gambit 30-1 3 Brad Cox
American Promise 30-1 4 D. Wayne Lukas
Admire Daytona 30-1 5 Yukihiro Kato
Flying Mohawk 30-1 9 Whit Beckman
Render Judgment 30-1 13 Kenny McPeek
Coal Battle 30-1 14 Lonnie Briley
Chunk of Gold 30-1 17 Ethan Weste
Owen Almighty 30-1 18 Brian Lynch

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🔢 Kentucky Derby morning line odds from this year's race:

  • Journalism (3-1)
  • Sovereignty (5-1)
  • Sandman (6-1)
  • Baeza (12-1)
  • Burnham Square (12-1)
  • Luxor Cafe (15-1)
  • Citizen Bull (20-1)
  • Grande (20-1)
  • East Avenue (20-1)
  • Publisher (20-1)
  • Tiztastic (20-1)
  • Neoequos (30-1)
  • Final Gambit (30-1)
  • American Promise (30-1)
  • Admire Daytona (30-1)
  • Flying Mohawk (30-1)
  • Chunk of Gold (30-1)
  • Render Judgment (30-1)
  • Coal Battle (30-1)
  • Owen Almighty (30-1)

đź’° Kentucky Derby betting favorites

Here is a look at what the betting favorites for the 2026 Kentucky Derby at Churchill Downs were. Odds are from the best horse racing betting sites.

🏇 Journalism (3-1)

Journalism (3-1) was announced as the Kentucky Derby betting favorite when morning line odds were released this past Saturday at the draw. The 3-year-old Colt has elite pedigree (Curlin, Mopotism) and recent form. His top race was a victory in the Santa Anita Derby on April 5. Journalism’s trainer is Michael McCarthy.

🏇 Sovereignty (5-1)

Sovereignty (8-1) is the 3-year-old Colt who won at Churchill Downs this year. The son of Into Mischief and Crowned has a top equibase speed figure of 99. Of note, Into Mischief has sired two of the last five Kentucky Derby winners. Sovereignty's trainer is Bill Mott, and he has experience winning at Churchill Downs. He won the Street Sense Stakes back in October.

🏇 Sandman (6-1)

Sandman is 3-1-2 in eight starts. The 3-year-old Colt also has top-notch pedigree (Tapit, Distorted Music). His trainer is Mark Casse. Jose Ortiz will likely be Sandman's jockey on Kentucky Derby day. Sandman’s top win came at the Arkansas Derby on March 29.

🏇 Burnham Square (12-1)

Jockey Brian Hernandez Jr. rode Burnham Square. He was aboard the winning horse in last year’s Kentucky Derby (Mystik Dan). Hernandez and Burnham Square were fresh off a victory in the Blue Grass Stakes, which was held on April 8. He is the son of Liam’s Map.

📜 Kentucky Derby betting odds history

Below is a look at Kentucky Derby betting history. Sovereignty won this year's race with +1000 Kentucky Derby odds.

  • 2025 Sovereignty: +1000
  • 2024 Mystik Dan: +1800
  • 2023 Mage: +1700
  • 2022 Rich Strike: +8000
  • 2021 Medina Spirit: +1200
  • 2020 Authentic: +800
  • 2019 Country House: +6500
  • 2018 Justify: +250
  • 2017 Always Dreaming: +450
  • 2016 Nyquist: +200
  • 2015 American Pharoah: +250
  • 2014 California Chrome: +250

🤖 AI prediction: Which horse will win the Kentucky Derby in 2025?

Ahead of Saturday's 151st Running of the Roses, we asked ChatGPT to predict the Kentucky Derby winner. Here's some of what AI had to say about Sovereignty (5-1), one of the favorites to win the Kentucky Derby:

"Sovereignty is a major contender who will be flying late – whether he gets up in time will depend on pace and trip. Bettors who believe in his late kick will happily take 5-1 (not a bad price on a horse of his caliber). He adds intrigue as likely the one to threaten the leaders in deep stretch with that white bridle flashing on the outside. If they go :46 for the half, expect to see Sovereignty picking off horses down the lane, potentially writing the perfect ending for Bill Mott’s Derby quest."

👉 For more AI insights, including its best long shot and projected finish order, check out our full Kentucky Derby AI predictions.

🏆Kentucky Derby winner post position history

Here is a look at the post position history for recent Kentucky Derby winners.

  • 2025 Sovereignty post position: 16
  • 2024 Mystik Dan post position: 3
  • 2023 Mage post position: 8
  • 2022 Rich Strike post position: 20
  • 2021 Medina Spirit post position: 8
  • 2020 Authentic post position: 18
  • 2019 Country House post position: 20
  • 2018 Justify post position: 7
  • 2017 Always Dreaming post position: 5
  • 2016 Nyquist post position: 13
  • 2015 American Pharoah post position: 18
  • 2014 California Chrome post position: 5

🔢 How do Kentucky Derby odds work?

This is a common question from novice horse racing bettors every spring.

Simply put, American odds represent how much money you would win on a $100 wager. Or in some cases, how much money you would need to wager to return $100.

Let's refer to an example. Sovereignty closed with +1000 odds to win this year's Kentucky Derby. That means a winning $100 bet at those odds would return $1000 in profit, or a $10 bet would return $100, or even $1 for a $10 return.

According to our odds converter, Sovereignty was getting a 9.09% implied probability of winning the prestigious race.  

You'll want to be careful staking too much on long-shot bets, as the low implied win probabilities indicate the unlikelihood of a victory.

⏰ What time does the Kentucky Derby start and end?

The 2026 Kentucky Derby is scheduled to start at approximately 6:57 p.m. ET on Saturday, May 2.

The race is nicknamed “The Most Exciting 2 Minutes in Sports,” and that moniker always comes to fruition. Derby winners typically cross the finish line around the 2 minute and 2 second mark. So, expect the Kentucky Derby to end at approximately 6:59 p.m. ET.

đź“° Kentucky Derby betting news

âť“ Kentucky Derby FAQs

Where can I bet on the Kentucky Derby 2026?

Americans can legally wager on horse racing in the following states:

Kentucky sports betting is up and running, so Kentucky horse racing fans should be able to bet from anywhere in the state for the 2026 Kentucky Derby. You can also check out our list of the best Kentucky Derby betting sites here!

Who is the 2026 Kentucky Derby favorite?

The 2026 Kentucky Derby favorite has not yet been named.

How long is the Kentucky Derby track?

The race distance for the Kentucky Derby at Churchill Downs is 1 and 1/4 miles, or 10 furlongs.

When is the 2026 Kentucky Derby?

The 2026 edition of the Kentucky Derby will be held Saturday, May 2.

Where is the 2026 Kentucky Derby held?

The Kentucky Derby is held annually at Churchill Downs in Louisville, Ky.

đź’µ Best Kentucky Derby betting sites

Want to bet on the Kentucky Derby? Here are the top-rated Kentucky Derby betting sites as determined by our expert team at Sportsbook Review, along with the best sportsbook promos ahead of the 2025 Run for the Roses:

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Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.