It’s Kentucky Derby day! The 2023 Kentucky Derby is set to take place at Churchill Downs Racetrack this evening (Saturday, May 6th). The race has a post time of 6:57pm EST and will be broadcast on NBC.
The Kentucky Derby is the second most wagered on single-day sporting event in the United States every year, and I’m expecting a lot of new bettors looking to wager on the race.
If you’re from Connecticut or Massachusetts and are interested in betting on this years Kentucky Derby you are in the right place. Below I will recommend our top rated betting site for the Derby, touch on where you can bet on the Kentucky Derby from Connecticut and Massachusetts, and provide a simple 3 step guide you can follow to get your Derby bets placed online.
Best Betting Site For US Residents
BetOnline.ag is our recommended sportsbook for Massachusetts and Connecticut residents looking to bet on the Kentucky Derby online. BetOnline is a popular and trusted betting site that has built a strong reputation by serving the US betting market since 2004.
BetOnline offers new sign ups a 50% matching bonus up to $1000 on your first deposit. They also offer a $25 risk free horse bet that can be used on the Kentucky Derby and 9% daily horse racing rebates. Here is our full review.
Kentucky Derby Betting in Connecticut and Massachusetts
At this time regulated sports betting is available in both Connecticut and Massachusetts.
Regulated online sports betting launched in Connecticut in October of 2021. There are three regulated online sportsbooks operating in the state (FanDuel, DraftKings and Sugarhouse). FanDuel and DraftKings each partnered with one of the two Connecticut gaming tribes, while the Sugarhouse Sportsbook partnered with the state lottery.
The regulated betting market launched in Massachusetts on March 10th, 2023. There are currently six regulated online betting sites available to use in the state.
If you live in either Connecticut or Massachusetts you also have the option to bet on the Kentucky Derby through an offshore betting site that accepts US residents, while being licensed outside of the United States. BetOnline.ag falls into this category as a popular sportsbook licensed in Panama that has served the US betting market since 2004.
Bet On The Kentucky Derby From Massachusetts or Connecticut – How To Guide
Follow these three steps to bet on the Kentucky Derby online from anywhere in Massachusetts or Connecticut.
Step 1. Register A BetOnline.ag Account
Click the above link, select ‘Join Now’ on the home page and complete the sign up form to open your account.
Step 2. Deposit
After logging into your BOL account click the ‘Deposit’ button. Choose your preferred deposit method, enter the amount, and follow the instructions for your deposit option to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, various other cryptocurrencies and several e-wallets.
You can cash out any winnings through most of those same methods, as well as by bank wire or check through the mail.
Step 3. Place Your Kentucky Derby Bets
You can bet on the Kentucky Derby in either the ‘Sports’ or ‘Racebook’ sections of BetOnline.ag. In the Sports section you can bet on the race winner at fixed odds, while in the Racebook you can bet on the full variety of traditional horse racing bets including win/place/show, exacta, trifecta and more. The bets placed in the Racebook use the parimutuel betting system, which means the odds are not locked in until race time, with the final odds determined by the amount of money wagered on each outcome.
Sportsbook Bet (Fixed Odds)
- Click ‘Sports’ from the top menu bar, open the ‘Horse Racing’ drop down menu in the left sidebar and select ‘Horses Daily’ -> ‘Churchill Downs’.
- Select the odds of the horse you want to bet on to win the Kentucky Derby.
- Enter your risk amount on the Bet Slip and click ‘Place Bet’ to make your wager.
Here are the odds from the Sportsbook (odds taken on May 6th – the day of the Kentucky Derby. Go to BetOnline.ag to see the current odds):
Racebook Bet (Parimutuel Betting)
- Click ‘Racebook’ from the top menu bar, open the ‘US Thoroughbred’ drop down menu in the left sidebar and select ‘Churchill Downs’.
- Select race #12 (post time 6:57pm) for the Kentucky Derby.
- Select your bet type, enter your wagers, and click ‘Add To Bet Slip’.
- Review your bets on the Bet Slip and click ‘Submit All Bets’ to lock in the wagers.
Check out our horse race betting section for a deeper dive into the most popular bets made on horse races.
Ready to bet? Click here to visit BetOnline.ag.