It’s Kentucky Derby day! The Kentucky Derby takes place at Churchill Downs this evening (Saturday, May 6th). The Derby is once again scheduled for its traditional day on the first Saturday in May as the first leg of the US Triple Crown.
The Kentucky Derby is the one day a year where horse racing takes the front seat in the sports world, and people who don’t normally gamble on horses look to get some action on the most exciting two minutes in sports. Kentucky Derby coverage takes over NBC from 12:00-7:30pm on race day and the betting odds will be the most popular topic of conversation.
On this page I will recommend my favorite offshore sports betting site where Texans can bet on the Kentucky Derby, touch on the legality of betting on the Derby from Texas and provide a simple 3 step guide for Texas residents to get their Kentucky Derby bets placed online within minutes.
Best Online Sportsbook for Texans
BetOnline.ag is the best online sportsbook for Texans interested in betting on the Kentucky Derby. They are an offshore sportsbook, so they accept Texas residents with no issue.
New players get a free $25 horse racing wager that can be used on the Derby, as well as a 9% rebate on daily horse racing bets and a bonus of up to $1000. Check out our full review here.
Kentucky Derby Betting in Texas
Texas is one of several states that does not allow residents to bet on horses through the official racetrack websites. All horse racing bets in Texas must be placed onsite at a racetrack.
That said, there are several offshore betting sites, like BetOnline.ag, that will accept Texas residents and allow you to bet on the Kentucky Derby from the comfort of your own home with no restrictions. It is perfectly legal for Texas residents to use these offshore betting sites. Check out our Texas sports betting section for a further breakdown of the sports betting climate in Texas.
How To Bet On Kentucky Derby From Texas – 3 Steps
Follow these three simple steps to get your Kentucky Derby bets placed online before the race.
BetOnline is our top rated betting site for Texas residents. They accept players from across the entire United States and are focused on providing a trusted and easy to use betting platform for American residents. BetOnline has served the American sports betting market since 2004 and they are committed to building their brand and continuing to offer a great betting service to the American public for the long term.
Click here to visit BetOnline.ag, click ‘Join Now’, and fill out the short sign up form on the home page to create your account.
Step 2. Deposit Funds
After creating your account click on the green ‘Deposit’ button in the top right corner of the website to deposit funds.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies, and various other deposits, each of which get the funds into your account instantly.
Use bonus code BET1000 when making your first deposit to opt-in to the 50% matching bonus up to $1000.
You can cash out your winnings via cryptocurrency, bank wire or courier check.
Step 3. Bet On The Kentucky Derby
You’re ready to bet on the race. Depending on if you’re betting on the Derby on a day leading up to the race, or on race day itself, the way in which you can place your bet varies.
Before Race Day
Leading up to race day you can place a futures wager on the 2023 Kentucky Derby winner in the ‘Sports’ section of the website. Click on ‘Sports’ in the top navigation bar and then select ‘Horse Racing’ -> ‘Horses Daily’ -> ‘Churchill Downs’ from the left sidebar. The Kentucky Derby winner odds will be available under May 6th on this page.
Pick your horse -> enter your risk amount -> click ‘Place Bet’.
Here’s a screenshot to show you the steps with arrows (screenshot from May 6th – the morning of the race):
On Race Day
You can also place your bet through the ‘Racebook’ section of the site. Click on ‘Racebook’ from the top navigation bar and then select ‘Thoroughbred’ and ‘Churchill Downs’ from the left sidebar. Select ‘May 06’ and pick race #12 from the list of races at Churchill Downs (it will be the race with the 6:57pm EST post time) and then select which type of wager you want to make (straight, exacta, etc).
Pick your horses(s) -> enter your risk amount -> ‘Add To Bet Slip’ -> click “Submit All Bets” and confirm.
Here is an example screenshot from this years race showing you the clicks to bet on Verifying to win the 2023 Kentucky Derby in the Racebook (Screenshot from May 6th – the morning of the Derby):
The bets you make through the ‘Racebook’ section will be using the parimutuel betting system, which means the odds will change depending on the amount of money that is wagered on each horse. Check out our horse racing section to learn more about the various bets you can make on the race.
Ready to bet? Click here to visit BetOnline.ag.