What does it mean when a horse offers odds of 3-1, or 9-1, or 24-1? The odds simply indicate the perceived chance of that particular horse reaching the winner’s circle. A horse listed at 9-1 is expected to lose nine times and win once from 10 attempts (10 being the sum of nine and one), which equates to a 10% chance of victory. A horses offering odds of 3-2 is expected to lose three times and win twice from five attempts, which represents a 40% chance of victory.

Best Online Horse Betting Sites

Churchill Downs, Louisville. 2021 Kentucky Derby Odds Horse Racing. The 2020 Kentucky Derby date is Saturday, September 5, and if you live in Kentucky or go to the actual track itself, you can place legal wagers through sites operated by Churchill Downs. Kentucky is a state. Betting on the 2021 Kentucky Derby. When: Saturday, May 1st. Where: Churchill Downs in Louisville, Kentucky. Ideally, the next edition will represent a return to normalcy for the country, but fans will be able to bet on the Kentucky Derby online. The Kentucky Derby is THE horse racing event of the year. It’s been held since 1875, and this year’s event takes place at Churchill Downs on September 5, 2020. Betting on the Kentucky Derby sure is exciting. In fact, bets placed on the Kentucky Derby.

Kentucky Derby Contenders & Odds

The odds also determine the payoffs for win bets. A 6-1 winner will return $6 of profit for every $1 wagered.

Bet On Kentucky Derby