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2020 Kentucky Derby Betting Odds

The Kentucky Derby is the most famous horse race in the world. The 'Fastest two minutes in sports' faced unprecedented changes due to a world pandemic that struck Earth. Moved from May to September, the 2020 Kentucky Derby will now be the second track in the Triple Crown after the Belmont Stakes.

Get the best Kentucky Derby betting odds at BetPhoenix. Join now to experience the best horse racing betting action with the highest payouts.

The winner among 20 thoroughbreds will bring its owner a whopping million dollars and, if won the Belmont Stakes, open the door unto immortality if it goes on to win the Preakness, the remaining race in the Triple Crown of horse racing in America.

Tiz The Law, trained by Barclay Tagg is expected not only to compete but also to win the Triple Crown as the undefeated horse is riding high with his jockey, Manuel Franco. However, there's plenty of time for the Derby to arrive, and first, the Belmont Stakes will take place to see if Tiz The Law has room for a Triple Crown glory or not.

History

The Kentucky Derby, known as "The Fastest Two Minutes In Sports," is the most popular horse race of the year, it has mythical status. It takes place on the first Saturday in May at the historic Churchill Downs in Louisville, Kentucky. It is the first race of the Triple Crown, a series of three races featuring three-year-old thoroughbred racehorses. However, 2020 is different as the Covid-19 pandemic struck, and the Kentucky Derby was rescheduled and is not opening the Triple Crown, is second instead, and will be run in September.

The Derby is followed by the Preakness, in October. The 2020 Kentucky Derby will be the 146th for a race that has been run consecutively since 1875.

One of the reasons why horse racing fans love the Derby is its unpredictability, unlike most sports, being a favorite at the Kentucky Derby does not mean the horse is going to win. Since 1979, just eight of the Kentucky Derby odds' favorites have won the race.

Underdogs have as good a chance of winning, and there's a big chance you can fatten your purse even if you're betting on the dogs.

Kentucky Derby Winners reach the Olympus of horse racing. These are the winners of the editions from 2000 and on.

  • 2019 : Country House
  • 2018 : Justify
  • 2017: Always Dreaming
  • 2016: Nyquist
  • 2015 : American Pharaoh
  • 2014 : California Chrome.
  • 2013 : Orb.
  • 2012 : I'll Have Another.
  • 2011 : Animal Kingdom.
  • 2010 : Super Saver.
  • 2009 : Mine That Bird.
  • 2008 : Big Brown.
  • 2007 : Street Sense.
  • 2006 : Barbaro.
  • 2005 : Giacomo.
  • 2004 : Smarty Jones.
  • 2003 : Funny Cide.
  • 2002 : War Emblem.
  • 2001 : Monarchos.
  • 2000 : Fusaichi Pegasus.

Popular Bets on the Kentucky Derby

  • Exacta: You place a bet on the 1st and 2nd place horses in the race.
  • Trifecta: You place a bet on the 1st, 2nd, and 3rd place horses in the race.
  • Superfecta: You place a bet on the 1st, 2nd, 3rd, and 4th place horses in the race, it also gives you the highest payout if you win.

A popular strategy that a lot of people use when betting is called boxing, it's more expensive than other bets, but it provides insurance for your wagers, so you still win something even if your horses don't finish the way you picked them.

Boxing allows you to keep the horses you picked, but instead of finishing in a particular order, you win as long as all the horses finish.

An example of this is when you pick three horses to win, place, and show in a trifecta. With boxing, you will win if all three horses finish in the top three even if they weren't in the same order as you had them in the trifecta bet.