Kentucky Derby Betting Odds 2021

Posted by Elliot Nield . Last updated:

The Kentucky Derby is the first race in horse racing’s Triple Crown, and the biggest race of the trio, which includes the Preakness Stakes and the Belmont Stakes. The 2021 race will be the 147th edition of the “Run for the Roses”, and it will be back in its regular spot on the calendar on the first Saturday of May. The 2020 edition was run in September due to the COVID-19 pandemic.

Kentucky Derby 2021 Odds

Horse Kentucky Derby Odds Trainer
Concert Tour +350 Bob Baffert
Essential Quality +500 Brad Cox
Greatest Honour +800 Shug McGaughey III
Hot Rod Charlie +1200 Doug O’Neill
Prevalence +1400 Brendan Walsh
Collaborate +1600 Saffie Joseph Jr.
Medina Spirit +2000 Bob Baffert
Risk Taking +2000 Chad Brown
Helium +2500 Mark Casse
Hozier +2500 Bob Baffert
Midnight Bourbon +2500 Steven Asmussen
Caddo River +3300 Brad Cox
Highly Motivated +3300 Chad Brown
Known Agenda +3300 Todd Pletcher
Mandaloun +3300 Brad Cox
The Great One +3500 Doug O’Neill
Hidden Stash +4000 Victoria Oliver
Keepmeinmind +4000 Robertino Diodoro
Prime Factor +4000 Todd Pletcher
Rock Your World +4000 John Sadler

All Kentucky Derby betting odds courtesy of Bovada.

Top Kentucky Derby Betting Site

Top Horses By Kentucky Derby Odds

Concert Tour

Concert Tour

+350

Concert Tour was sired by Street Sense, the winner of the 2007 Kentucky Derby and fourth-place finisher in a loaded Breeders’ Cup Classic field later that year. He is also trained by Bob Baffert, who knows a thing or two about training Kentucky Derby winners (six, to be exact). He has won a pair of Grade-2 races along with his maiden in 2021, and he should be the favorite this weekend at the Grade-1 Arkansas Derby at Oaklawn Park in Hot Springs National Park, Arkansas.

Essential Quality

Essential Quality

+500

Essential Quality won the Breeders’ Cup Juvenile as a two-year-old, and has stayed on track in 2021 by winning both starts in graded-stakes races. Trainer Brad Cox doesn’t seem to have any plans to run Essential Quality before the Kentucky Derby, but he has proven already that he’ll be a force at Churchill Downs.

Greatest Honour

Greatest Honour

+800

Like Essential Quality, Greatest Honour was sired by Tapit, which finished ninth at the 2004 Kentucky Derby. Greatest Honour probably won’t run before the Kentucky Derby as he is coming off a third-place run at the Grade-1 Florida Derby, but he has won two graded-stakes races prior to that. Greatest Honour is trained by Shug McGaughey III, who won the 2013 Kentucky Derby with Orb.

Hot Rod Charlie

Hot Rod Charlie

+1200

Hot Rod Charlie finished second to Essential Quality at the Breeders’ Cup Juvenile last November, then finished third at the Grade-3 Robert B. Lewis before winning the Grade-2 Louisiana Derby. His sire, Oxbow, finished sixth behind Orb at the 2013 Kentucky Derby. However, he also won the Preakness Stakes and finished second at the Belmont Stakes, so Hot Rod Charlie is probably one to watch for those races as well. He is trained by Doug O’Neill, a two-time winner of the Kentucky Derby in 2012 and 2016.

Prevalence

Prevalence

+1400

Trainer Brendan Walsh had high hopes for Prevalence. He was sired by Medaglia D’Oro, which finished 4th-8th-2nd at the 2002 Triple Crown races, and then second at the Breeders’ Cup Classic in 2002 and 2003. However, a sixth-place finish at the Grade-2 Wood Memorial really hurt his stock, so his Kentucky Derby odds will probably drop soon.

Collaborate

Collaborate

+1600

Collaborate is another thoroughbred that was supposed to be a top horse at Churchill Downs. However, a fifth-place run at the Florida Derby probably ended that dream. There are still a few prep races to be run, but it doesn’t look like that Collaborate, trained by Saffie Joseph Jr., will make it to Louisville.

Kentucky Derby Race Details

a green calendar with a clock on the open page

The 147th Kentucky Derby will be shown on Saturday, May 1st, 2021. You can watch it on NBCSN from 12:00 PM ET to 2:30 PM ET.

a stopwatch showing time

NBC will pick up the action from 2:30 to the very end of the race, which is scheduled for 7:30 PM ET. The post time and positions have yet to be announced.

Green icon showing outline of a racing horse's head with bridle and reins

As always, the Kentucky Derby is only for horses that are three years old (colts, geldings and fillies are all allowed). It will be run at Churchill Downs in Louisville, Kentucky. It is a 1 ¼ mile race (10 furlongs or two kilometers) as horses and jockeys navigate the left-handed turns at Churchill Downs. The purse is a staggering $3 million USD, with $1.86 million going to the winners.

Last 10 Kentucky Derby Winners

Year Horse Post Position Jockey Trainer Time Odds $2 Win
2020 Authentic 18 John Velasquez Bob Baffert 2:00.61 +800 $18.80
2019 Country House 20 Flavien Prat William I. Mott 2:03.98 +3000 $132.40
2018 Justify 7 Mike E. Smith Bob Baffert 2:04.20 +300 $7.80
2017 Always Dreaming 5 John Velasquez Todd Pletcher 2:03.59 +500 $11.40
2016 Nyquist 13 Mario Gutierrez Doug O’Neill 2:01.31 +300 $6.60
2015 American Pharoah 18 Victor Espinoza Bob Baffert 2:03.02 +250 $7.80
2014 California Chrome 5 Victor Espinoza Art Sherman 2:03.66 +250 $7.00
2013 Orb 16 Joel Rosario Shug McGaughey III 2:02.89 +350 $12.80
2012 I’ll Have Another 19 Mario Gutierrez Doug O’Neill 2:01.83 +1200 $32.60
2011 Animal Kingdom 16 John Velasquez H. Graham Motion 2:02.45 +3000 $43.80

Kentucky Derby Traditions

The Kentucky Derby might be more known for their traditions than for the actual racing. From its date, which is always on the first Saturday of May, down to the roses draped over the winning horse, the Kentucky Derby is steeped in traditions. Here are the most important traditions at the Kentucky Derby.

A sash showing the Kentucky Oaks logo
01

Kentucky Oaks

The Kentucky Oaks is a three-year-old race exclusively for fillies, and it is run the day before the Kentucky Derby. It is called the “Lillies for the Fillies” as the winner is draped with a garland of fillies. The best-known winner of the Kentucky Oaks is Rachel Alexandra, which won in 2009, and then went on to win the Preakness Stakes.

Someone holding up a mint julep
02

Mint Julep

The Mint Julep is a cocktail that consists of bourbon, fresh mint, ice and simple syrup. It has been associated with the Kentucky Derby since 1938.

Secretariat draped with roses
03

The Roses

The winner of the Kentucky Derby has been adorned with a garland of roses since 1883, 554 red roses, to be exact. Hence the nickname for the Kentucky Derby, “The Run for the Roses”.

A unique hat at the Kentucky Derby
04

The Hats

The Kentucky Derby has long been associated with large hats, and the VIPs that attend the race always make sure they’re dressed to the nines. The hat is the key to the entire outfit.

The Twin Spires at Churchill Downs
05

The Twin Spires

The Twin Spires were created in 1895 to give Churchill Downs something that made it stand out. You can’t miss them as they stand atop Churchill Downs.

Stephen Foster poses for a picture
06

"My Old Kentucky Home"

“My Old Kentucky Home” was written by Stephen Foster in 1852. It is sung at the beginning of the Kentucky Derby.

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