Now Is The Time To Bet On The Kentucky Derby For A Profit

All current betting odds for the Kentucky Derby have each horse at +650 or longer, which means now may be a good time to lock in some value ahead of the race.
The best horses to look at are Timberlake, Dornoch, Domestic Product, Sierra Leone, or Track Phantom because they are the most likely to qualify.

LOUISVILLE, Ky – Just over one month out with nine more American qualification races and one more race in both the Japan Road to the Kentucky Derby and European Road to the Kentucky Derby, now may be the time to bet on the most exciting two minutes in sports.

The reason that now may be the best time to get in on the action is because all of the odds at Kentucky Derby betting sites are at +600 or longer. In fact, only Sierra Leone and Dornoch have odds shorter than 10-1.

2024 Kentucky Derby Odds

Sierra Leone +600
Dornoch +750
Forever Young +1100
Timberlake +1200
Fierceness +1400
Track Phantom +1400
Hades +1600
Speak Easy +1600
Locked +1800
Conquest Warrior +2000
Domestic Product +2000
Victory Avenue +2000

What Horses Are The Best Bets For The Kentucky Derby Right Now?

Many of the most important races for qualifying for the Derby have yet to take place, but betting on the horses at the top of the Kentucky Derby Leaderboard is a strong bet because those are the most likely participants for the race.

A quick breakdown of some of the contenders that may stand out at horse race betting sites is below in order of rank on that leaderboard.

1. Timberlake (+1200)

Trainer: Brad Cox
Jockey: Cristian Torres
Results this Year: Rebel Stakes (1st; G2)
Current Points: 66
Upcoming Possible Events: Blue Grass Stakes (G1)

2. Dornoch (+750)

Trainer: Danny Gargan
Jockey: Luis Saez
Results this Year: Fountain of Youth (1st; G2)
Current Points: 60
Upcoming Possible Events: Blue Grass Stakes (G1) and Florida Derby (G1)

3. Domestic Product (+2000)

Trainer: Chad Brown
Jockey: Tyler Gaffalione
Results this Year: Tampa Derby (1st; G3); Holy Bull (2nd, G2)
Current Points: 60
Upcoming Possible Events: Blue Grass Stakes (G1) or Wood Memorial (G2)

4. Sierra Leone (+600)

Trainer: Chad Brown
Jockey: Tyler Gaffalione
Results this Year: Sierra Leone (1st; G2)
Current Points: 55
Upcoming Possible Events: Blue Grass Stakes (G1)

5. Track Phantom (+1400)

Trainer: Steven Asmussen
Jockey: Joel Rosario
Results this Year: Risen Star (2nd; G2) and Lecomte (1st; G3)
Current Points: 55
Upcoming Possible Events: Louisiana Derby (G2)

With long odds available at legal sports betting sites and their place at Churchill Downs in May nearly secured because of their spots on the leaderboard, betting on any of Timberlake, Dornoch, Domestic Product, Sierra Leone, or Track Phantom to win the Kentucky Derby now may be an excellent option.

It may also be a sound strategy to bet on a few of them, as it is likely a few of the horses will begin to separate from the pack and will have their odds shortened soon. You can secure long odds on all of them now.

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Brett Crown

Brett is a passionate sports writer who majored in Sport Management at Florida State University. He combines his knowledge of stats with his understanding of game theory to find the best values when sports betting. Brett enjoys golfing, playing cornhole, and hanging out by the pool when he’s not locked in watching games.