It’s Kentucky Derby day! The Kentucky Derby is the highest profile horse race in the United States and the second most bet on sporting event in North America every year, second only to the Super Bowl.
Even here in Canada the race gets a lot of media attention and many people who don’t normally bet on sports look to get some action on the Derby. For this reason I wanted to add this page to provide a simple guide for Canadians who are not experienced betting online, but want to place a Kentucky Derby wager.
On this page you will find our top rated betting site for Canadians looking to bet on the Kentucky Derby, the current odds for the race and a simple 3 step guide outlining how to quickly and easily place your Kentucky Derby bet online.
SportsInteraction.com is our top rated sportsbook for Canadians looking to bet on the Kentucky Derby.
Sports Interaction is offering fixed winner and each-way betting lines for the Kentucky Derby in their sportsbook, and the full variety of horse race betting options (win/place/show, exacta, trifecta, etc.) in their Racebook.
Sports Interaction is a popular and trusted betting site that is committed to building their brand in the Canadian market.
Kentucky Derby Winner Odds
Here’s a screenshot of the 2023 Kentucky Derby odds for the nine favourites from SportsInteraction.com. These odds will change leading up to the race this evening at 6:57pm EST. To see the up to date odds for the full list of horses you should head to Sports Interaction Sportsbook and select ‘Horse Racing’ -> ‘Kentucky Derby’ from the left sidebar.
**These odds are updated from May 6th, 2023 (the morning of the Kentucky Derby).
As you can see Forte is the favourite to win the race, while Tapit Trice is the other top contender. Forte has won his last five races, including winning the Florida Derby on April 1st with a time of 1:48.51. Tapit Trice has won his last four races, including the Blue Grass Stakes last month with a time of 1:50.
**You can also bet on the Kentucky Derby in the ‘Daily Track Odds’ section of the SportsInteraction.com website by selecting ‘Churchill Downs’ under the ‘American Thoroughbred’ heading. Select race #12 on May 6th (post time of 6:57pm EST) to see the odds.
The Kentucky Derby is such an interesting race to bet because our information is limited. Most of the three-year-old horses have only entered a handful of races and many of the favourites have not competed against one another. The unknowns and question marks are what make the Kentucky Derby so much fun to watch and bet on.
Bet On The Kentucky Derby From Canada – 3 Step Guide
Follow these three steps to bet on the Kentucky Derby online within minutes.
Sports Interaction is our top rated betting site for Canadians simply interested in betting on the Kentucky Derby winner. They are taking fixed odds bets on both the winner in their Sportsbook and offering the full range of horse race betting options in the Racebook (Daily Track Odds section).
Click the above link, click ‘Open Account’ and fill out the registration form to open your account.
Select the ‘Deposit’ link after logging into your Sports Interaction account, choose your deposit method, enter the amount, and follow the instructions to fund your account.
Step 3. Place Your Kentucky Derby Bets
You’re now ready to place your bets on the Kentucky Derby.
Race Winner (Fixed Odds)
You can bet on the race winner at fixed odds in the ‘Sports’ section of SportsInteraction.com. Once in the ‘Sports’ section you should select ‘Horse Racing’ -> ‘Kentucky Derby’ from the left sidebar.
Select the odds of the horse you want to bet on. Enter your stake amount on the Bet Slip, and click ‘Place Bet’ to lock in your wager.
**You also have the option to bet on a horse to finish in the top 3 at 1/5 the “to win” odds.
All Horse Race Bets in Racebook (Parimutuel Betting)
You can also bet on the full variety of horse racing wagers in the ‘Racebook’ section of SportsInteraction.com. Select ‘Daily Track Odds’ under the ‘Horse Racing’ drop down menu in the sportsbook to access the Racebook.
Click on the ‘American Thoroughbred’ drop down menu and select ‘Churchill Downs’ and then find the Kentucky Derby race (race #12 on May 6th).
Select the wager type (straight, trifecta, etc), enter your wagers and add them to your race card. Then click ‘Place Bet’ to lock in the bets.
Here’s a screenshot from this years Kentucky Derby showing how to navigate to the Kentucky Derby in the Racebook and place a Win bet on Tapit Trice. **Don’t forget to confirm the bets on your Bet Slip after adding them to Race Card.
If I win, how do I collect my winnings?
You can cash out via Interac e-Transfer, eCheck or bank transfer.