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Kentucky Derby Odds 2027
Kentucky Derby odds show how the market rates each three-year-old heading to the 153rd Kentucky Derby on Saturday, May 1, 2027, at Churchill Downs. Follow the early contenders, learn how Derby odds work, and see which prep races move the market.
For the full race guide, visit the Kentucky Derby page, read the Kentucky Derby betting guide, or follow the Kentucky Derby prep races calendar.
Kentucky Derby 2027 Odds and Early Contenders
There aren't official 2027 Kentucky Derby odds yet. The race is still months away and most contenders haven't run. Follow the early contenders below until official futures are posted.
Early Kentucky Derby 2027 Contenders
| Horse | Sire | Trainer | Last Start |
|---|---|---|---|
| Hughes | Into Mischief | Bob Baffert | 1st, American Pharoah (G1) |
| Twinkle Town | Take Charge Indy | Kenneth G. McPeek | 1st, Saratoga Special (G2) |
| American History | Constitution | Todd A. Pletcher | 1st, Breeders' Futurity (G1) |
| Coach Pope | Tapit | Kenneth G. McPeek | 2nd, Breeders' Futurity (G1) |
| Inshallah | Flightline | John W. Sadler | 1st, Del Mar maiden special weight |
| Powerline | Flightline | Steven M. Asmussen | 4th, Saratoga maiden special weight |
| Zedan | Flightline | Bob Baffert | No start listed |
| Zero Fear | Justify | Bob Baffert | No start listed |
| Salahudin | Uncle Mo | Bob Baffert | 1st, Iroquois (G3) |
| U.S.S. Valor | War of Will | Claude R. McGaughey III | 1st, Champagne (G1) |
Early contender list as of October 10, 2026. Horses change as the prep season develops.
How Kentucky Derby Odds Work
Kentucky Derby odds show how much you can win compared with your stake. Fractional odds such as 8/1 mean a $1 bet wins $8 in profit, and American odds such as +800 show the profit on a $100 bet. Your total return is your profit plus your original stake.
| Fractional | American | Profit on $10 | Return on $10 |
|---|---|---|---|
| 2/1 | +200 | $20 | $30 |
| 5/2 | +250 | $25 | $35 |
| 5/1 | +500 | $50 | $60 |
| 10/1 | +1000 | $100 | $110 |
| 20/1 | +2000 | $200 | $210 |
| 30/1 | +3000 | $300 | $310 |
Shorter odds mean the market rates a horse as more likely to win, and longer odds mean a longshot. With up to 20 horses in the field, Kentucky Derby prices can range from short-priced favorites to longshots at 30/1 or higher.
Types of Kentucky Derby Odds
Futures Odds
Futures are prices offered months before the race, before the field is set. With fixed odds, the price locks in when you place the bet, so later market changes don’t affect your payout.
Morning Line Odds
The morning line is the track oddsmaker’s estimate of how the betting will go. For the Kentucky Derby, it is released after the post position draw in Derby week, and it can differ from the final odds.
Final Odds
On race day, odds come from the pari-mutuel pools and change as money is bet until the gates open. Late scratches can also affect the board.
Kentucky Derby Future Wager
Churchill Downs also runs the Kentucky Derby Future Wager, a pari-mutuel pool offered in the months before the race that lets bettors back a horse before the field is set.
How Kentucky Derby Odds Move
Kentucky Derby odds change throughout the prep season. These are the main factors that move a horse’s price:
- Prep race results. A strong win in a 100-point prep such as the Florida Derby, Santa Anita Derby, or Blue Grass Stakes can shorten a horse’s price quickly, while a poor effort can push it down the board.
- Qualifying points. Horses that collect points are more likely to make the 20-horse field, and horses without points face longer odds.
- Distance. The Kentucky Derby is run over 1 1/4 miles, farther than most three-year-olds have raced, so proven stamina and pedigree for the distance matter.
- Injuries and scratches. A defection removes a contender and can reshuffle the favorites.
- Post position draw. The draw in Derby week sets the starting gates, which can matter in a 20-horse field.
Prep Races That Move Kentucky Derby Odds
The biggest movers are the 100-point races run in the final weeks before the Derby. The winner of each earns 100 points, and the top five finishers earn points toward the Kentucky Derby field. See every race on the Kentucky Derby prep races page.
| Race | Date | Winner Earns |
|---|---|---|
| Louisiana DerbyFair Grounds, New Orleans | Mar 20, 2027 | 100 |
| Jeff Ruby SteaksTurfway Park, Florence, KY | Mar 20, 2027 | 100 |
| Florida DerbyGulfstream Park, Hallandale Beach, FL | Mar 27, 2027 | 100 |
| Blue Grass StakesKeeneland, Lexington, KY | Apr 3, 2027 | 100 |
| Santa Anita DerbySanta Anita Park, Arcadia, CA | Apr 3, 2027 | 100 |
| Wood MemorialBelmont Park, Elmont, NY | Apr 3, 2027 | 100 |
| Arkansas DerbyOaklawn Park, Hot Springs, AR | Apr 10, 2027 | 100 |
Kentucky Derby Betting Resources
Get the date, venue, traditions, and the full Road to the Kentucky Derby.
Go to the Kentucky DerbyLearn how to bet Win, Place, Show, Exacta, Trifecta and Superfecta on Derby Day.
Kentucky Derby Betting GuideSee the full 2026-27 Road to the Kentucky Derby schedule with dates, tracks, and points.
View the Prep RacesGet the details on the Friday fillies race that opens Derby weekend.
Go to the Kentucky OaksLearn about the home of the Kentucky Derby and its racing calendar.
Go to Churchill DownsSee today’s horse racing markets, available tracks and wagering options.
Go to the BUSR Racebook
Kentucky Derby Odds FAQ
Are there official 2027 Kentucky Derby odds yet?
Not yet. The prep season is still under way, and most contenders have not run, so official Kentucky Derby odds are not available. You can follow the early contenders on this page and check back as markets develop.
Who is the favorite for the 2027 Kentucky Derby?
There is no official favorite yet. The early contenders on this page are horses that have already won or placed in major fall stakes, and a clear favorite usually emerges after the big prep races in the spring.
How do Kentucky Derby odds work?
Kentucky Derby odds show how much you can win compared with your stake. At 8/1 (+800), a $10 bet wins $80 in profit and returns $90. Shorter odds mean the market rates a horse as more likely to win, and longer odds mean a longshot.
What are morning line odds?
The morning line is the track oddsmaker’s estimate of how the betting will go. For the Kentucky Derby, it is released after the post position draw in Derby week, and it can differ from the final odds.
When do Kentucky Derby odds change?
Futures prices can move at any time, but they move the most after major prep races, injuries, and defections. On race day, final odds change with the betting action until the gates open.
What is the Kentucky Derby Future Wager?
The Kentucky Derby Future Wager is a pari-mutuel pool run by Churchill Downs in the months before the Derby. It lets bettors back a horse before the field is set.
Can I bet on Kentucky Derby futures at BUSR?
When Kentucky Derby futures are available, you can bet them at BUSR. With fixed odds, the price you take when you place the bet is the price you are paid, even if the odds change later.
How many horses run in the Kentucky Derby?
The Kentucky Derby field is limited to 20 starters. Horses earn their place by collecting points on the Road to the Kentucky Derby.
When is the 2027 Kentucky Derby?
The 153rd Kentucky Derby is scheduled for Saturday, May 1, 2027, at Churchill Downs in Louisville, Kentucky. The Kentucky Oaks is run the day before, on Friday, April 30, 2027.
Which prep races matter most for Kentucky Derby odds?
The 100-point races run in the final weeks before the Derby matter most. They are the Louisiana Derby, Jeff Ruby Stakes, Florida Derby, Blue Grass Stakes, Santa Anita Derby, Wood Memorial, and Arkansas Derby.
Related Pages and Articles:
2026 Breeders' Cup |Breeders' Cup Odds | Breeders' Cup Betting | Breeders' Cup Schedule | Racetracks | Racebook Welcome Bonus | Horse Betting 10% Rebate
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