The 2023 Kentucky Derby is hours away! The Kentucky Derby is typically the second most bet on single day sporting event in the United States, next to only the Super Bowl. This years Kentucky Derby will take place on its traditional day on the first Saturday of May. It’s scheduled to take place this Saturday, May 6th at Churchill Downs in Louisville.
On this page I will outline the best betting site for Ohio residents, look at the options Ohio residents have for placing a Kentucky Derby wager, look at the early odds for the race, and finish with a simple 3 step guide to Ohio residents can follow to place bets on the Kentucky Derby online.
Where To Bet On Kentucky Derby Online
BetOnline.ag is our top rated betting site for Ohio residents interested in betting on the 2023 Kentucky Derby. BetOnline is an offshore betting site that is licensed and regulated in Panama and accepts players from everywhere in the United States, including Ohio.
New players receive a risk free $25 bet on the Kentucky Derby, a first deposit bonus of up to $1000, and they also give a 9% rebate on horse racing wagers. Check out our full review here.
Kentucky Derby Betting in Ohio
Regulated online sports betting arrive in Ohio on January 1st, 2023. There are now 18 regulated online sports betting websites serving the Ohio betting market.
Ohio residents still also have the option to place their bets through offshore betting sites that are licensed and regulated outside of the USA, such as BetOnline.ag.
Ohio residents can also bet on the Kentucky Derby at Ohio horse racing tracks such as JACK Thistledown in Cleveland or Belterra Park in Cincinnati. These tracks offer simulcast racing and will likely have events surrounding the Kentucky Derby.
Kentucky Derby Odds
Here are the odds for the 2023 Kentucky Derby (taken on May 5th – the evening before the Derby). You can find the updated odds at BetOnline.ag by selecting ‘Horse Racing’ and ‘Horses Daily’ -> ‘Churchill Downs’ in the sportsbook.
Bet On The Kentucky Derby From Ohio – 3 Step Guide
Follow this three step tutorial to get your bets placed on the 2023 Kentucky Derby online within minutes.
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ and fill out the sign up form on the home page to open your account.
BetOnline is our top rated online sportsbook for Ohio residents.
Step 2. Deposit Funds
After logging into your new account click on the green ‘Deposit’ button in the top corner of the screen. Select your funding method and deposit amount then follow the instructions on the screen to complete your deposit.
**You can enter one of the promo codes in order to receive a sign up bonus. Use code BET1000 to opt-in to the 50% up to $1000 welcome bonus offer.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, and various other deposit methods.
Step 3. Place Your Kentucky Derby Wagers
Depending on whether you’re placing your Derby bets leading up to or on race day there are two different ways to bet on the race.
Before Race Day (Fixed Odds)
Leading up to (and also during) race day you can place your Kentucky Derby bets in the ‘Sports’ section of the site. Open the ‘Horse Racing’ drop down menu and select ‘Horses Daily’ -> ‘Churchill Downs’ to see the Kentucky Derby winner odds.
Select the horse you want to bet on -> enter your risk amount on the Bet Slip -> click ‘Place Bet’ to lock in your wager.
The bets placed through the ‘Sports’ section use fixed odds, which means your bet is locked in at the odds you placed the wager at.
On Race Day (Parimutuel Odds)
You can also bet on the Derby in the ‘Racebook’ section of the site. There are the full variety of bets available through the Racebook (win/place/show, exacta, trifecta, etc).
Open the ‘Thoroughbred’ drop down menu, select ‘Churchill Downs’, May 06 and race #12 (post time 6:57pm) for the Kentucky Derby.
Select the bet you want to make (straight, exotic, etc) -> enter your wager -> click ‘Add to Bet Slip’ -> click ‘Submit All Bets’ to lock in your wagers.
All of the bets placed through the ‘Racebook’ section of the site use the parimutuel betting system, which means the odds can change leading up to the race depending on the amount of money bet on each horse at the track.
Here’s a screenshot from the Racebook using a bet on Two Phil’s to win this years Kentucky Derby as an example:
Ready to bet? Click here to visit BetOnline.ag.