2027 Kentucky Derby Odds
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Countdown to the Kentucky Derby
2027 Kentucky Derby countdown
2027 Kentucky Derby countdown

2027 Kentucky Derby Odds

 

The 153rd Kentucky Derby takes place on Saturday, May 1st, 2027 at Churchill Downs in Louisville, Kentucky. Kentucky Derby odds show how the market rates each three-year-old heading to the race. Follow the early contenders, learn how Derby odds work and see which prep races move the market.

2027 Kentucky Derby Odds at a Glance
Race DateSaturday, May 1st, 2027
TrackChurchill Downs
Post TimeApproximately 6:57 PM ET
Post Position DrawSaturday, April 24th, 2027 (Opening Day at Churchill Downs)
Morning LineReleased at the post position draw
Field SizeMaximum of 20
Official 2027 OddsNot posted yet

Kentucky Derby 2027 Odds and Early Contenders

There aren't official 2027 Kentucky Derby odds yet. The race is still more than 6 months away and most contenders haven't run. Follow the early contenders below until official futures are posted.

Early Kentucky Derby 2027 Contenders
HorseSireTrainerLast Start
HughesInto MischiefBob Baffert1st, American Pharoah (G1)
Twinkle TownTake Charge IndyKenneth G. McPeek1st, Saratoga Special (G2)
American HistoryConstitutionTodd A. Pletcher1st, Breeders' Futurity (G1)
Coach PopeTapitKenneth G. McPeek2nd, Breeders' Futurity (G1)
InshallahFlightlineJohn W. Sadler1st, Del Mar maiden special weight
PowerlineFlightlineSteven M. Asmussen4th, Saratoga maiden special weight
ZedanFlightlineBob BaffertNo start listed
Zero FearJustifyBob BaffertNo start listed
SalahudinUncle MoBob Baffert1st, Iroquois (G3)
U.S.S. ValorWar of WillClaude R. McGaughey III1st, Champagne (G1)

Early contender list as of October 10, 2026. Horses change as the prep season develops.

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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.

Kentucky Derby Odds Conversion
FractionalAmericanProfit on $10Return 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

Types of Kentucky Derby Odds
TypeWhat It Means
Futures OddsFutures are prices offered months before the race, before the field is set. With fixed odds, the price is locked in when you place the bet, so later changes in the market do not change your payout.
Morning Line OddsThe morning line is the track oddsmaker's estimate of how the betting will go. For the Kentucky Derby it is released at the post position draw before race day, and it can differ from the final odds.
Final OddsOn 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 WagerChurchill 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.

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How Kentucky Derby Odds Move

Kentucky Derby odds change throughout the prep season. These are the main factors that move a horse's price.

What Moves Kentucky Derby Odds
FactorEffect on the Price
Prep Race ResultsA 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 PointsHorses that collect points are more likely to make the 20-horse field, and horses without points face longer odds.
DistanceThe 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 ScratchesA defection removes a contender and can reshuffle the favorites.
Post Position DrawThe post position draw before race day 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 schedule and follow the Road to the Kentucky Derby leaderboard.

100-Point Kentucky Derby Prep Races
RaceTrackDateWinner Earns
Louisiana DerbyFair Grounds, New OrleansMar 20, 2027100
Jeff Ruby SteaksTurfway Park, Florence, KYMar 20, 2027100
Florida DerbyGulfstream Park, Hallandale Beach, FLMar 27, 2027100
Blue Grass StakesKeeneland, Lexington, KYApr 3, 2027100
Santa Anita DerbySanta Anita Park, Arcadia, CAApr 3, 2027100
Wood MemorialBelmont Park, Elmont, NYApr 3, 2027100
Arkansas DerbyOaklawn Park, Hot Springs, ARApr 10, 2027100

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 at the post position draw before race day, 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.

Where can I bet on the Kentucky Derby?

You can bet on the Kentucky Derby online 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. Read our Kentucky Derby betting guide to learn how each bet works.

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 will be held on Saturday, May 1st, 2027 at Churchill Downs in Louisville, Kentucky. The Kentucky Oaks is run the day before, on Friday, April 30th, 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 Steaks, Florida Derby, Blue Grass Stakes, Santa Anita Derby, Wood Memorial and Arkansas Derby. See every race on the Kentucky Derby prep races schedule.

Who are the early Kentucky Derby contenders?

The early contenders table on this page lists the three-year-olds currently getting attention for the 2027 Kentucky Derby, with their sire, trainer and last start. It is not an odds board, and the list changes as prep races are run.

How do I figure out a Kentucky Derby payout from the odds?

Odds show your profit against the stake. At 5/1, a $2 win bet returns $10 in profit plus your $2 stake, so $12 in total. At 10/1, a $2 win bet returns $20 in profit, so $22 in total.

More Kentucky Derby Pages

Kentucky Derby Guides and Tools
PageWhat You'll Find
Kentucky DerbyRace facts, the road to the starting gate, early contenders and the full replay.
Kentucky Derby BettingEvery bet type, payouts, futures wagers and how to get started.
Kentucky Derby Prep RacesThe full prep race schedule by date, track and points.
Road to the Derby LeaderboardWhich three-year-olds lead the points race.
Kentucky OaksThe Friday fillies race that opens Derby weekend.
Churchill DownsThe home of the Kentucky Derby in Louisville.
Preakness StakesThe second leg of the Triple Crown.
Belmont StakesThe final leg of the Triple Crown.

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Churchill Downs, Kentucky Derby, Kentucky Oaks, the "twin spires design," "Road to the Roses" and Churchill Downs Incorporated-related trademarks are registered trademarks of Churchill Downs Incorporated or its affiliates (collectively CDI). CDI does not sponsor or endorse, and is not associated or affiliated with US Racing or its products, services or promotions. US Racing provides free information, odds, facts and commentary about the Kentucky Derby and horse racing and betting, in general. Third party marks may be referenced in a transformative, editorial, informational, nominative, critical, analytical or comparative context. US Racing may reference marks belonging to third parties pursuant to our right to engage in fair use, fair comment, statutory fair use or trade mark fair use doctrine. As such, US Racing does not contribute to any dilution of any trade or service marks. US Racing provides this information in an effort to educate and grow the sport of thoroughbred racing in North America with an emphasis on attracting new fans of the sport.

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