Horse racing bettors will soon be frantically checking their tickets to see if they won any money on this year’s Big Race. Here we will list Kentucky Derby payouts along with win, place and show results as soon as the race is over. Exacta and Trifecta payout prices will also be shown. This will be a look at who won the Kentucky Derby and different ways you can bet on horse racing and sports.
UPDATE: Here are the 2023 Kentucky Derby payouts on a $2 bet:
- Mage: $32.42 to win, $14.58 to place, $9.08 to show
- Two Phil’s: $10.44 to place, $6.52 to show
- Angel of Empire: $4.70 to show
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Kentucky Derby payouts
Kentucky Derby payouts will be available right after the horse race at Churchill Downs concludes today. Derby payouts will include win, place and show results.
- Win
- Place
- Show
- Exacta
- Trifecta
- Superfecta
A win at the Kentucky Derby means your horse finished in first place. Place means that your horse finished in either first or second. Show means that your horse finished in either first, second or third place.
An exacta bet is a wager in which you correctly pick the first two horses that finish in order. A trifecta bet is when a horse bettor correctly picks the first three finishers in order. Superfecta betting is when someone nails the first four finishers in a horse race like the Kentucky Derby.
Here is a chart that shows the standard Kentucky Derby payout for a $2 win bet. These are approximate payouts.
| Odds | Payout |
|---|---|
| 1-5 | $2.40 |
| 2-5 | $2.80 |
| 1-2 | $3.00 |
| 3-5 | $3.20 |
| 4-5 | $3.60 |
| 1-1 | $4.00 |
| 6-5 | $4.40 |
| 7-5 | $4.80 |
| 3-2 | $5.00 |
| 8-5 | $5.20 |
| 9-5 | $5.60 |
| 2-1 | $6.00 |
| 5-2 | $7.00 |
| 3-1 | $8.00 |
| 7-2 | $9.00 |
| 4-1 | $10.00 |
| 9-2 | $11.00 |
| 5-1 | $12.00 |
| 6-1 | $14.00 |
| 7-1 | $16.00 |
| 8-1 | $18.00 |
| 9-1 | $20.00 |
| 10-1 | $22.00 |
| 15-1 | $32.00 |
| 20-1 | $42.00 |
| 30-1 | $62.00 |
| 50-1 | $102.00 |
And here are what the potential payouts look like when it comes to the 2023 Kentucky Derby. Note that these odds may change dramatically just prior to the start of the race.
| Horse | Odds | Kentucky Derby Payouts |
|---|---|---|
| Hit Show | 30-1 | $62.00 |
| Verifying | 15-1 | $32.00 |
| Two Phil's | 15-1 | $32.00 |
| Confidence Game | 20-1 | $42.00 |
| Tapit Trice | 5-1 | $12.00 |
| Kingsbarns | 10-1 | $22.00 |
| Reincarnate | 50-1 | $102.00 |
| Mage | 15-1 | $32.00 |
| Skinner | 20-1 | $42.00 |
| Disarm | 30-1 | $62.00 |
| Jace's Road | 50-1 | $102.00 |
| Sun Thunder | 50-1 | $102.00 |
| Angel of Empire | 8-1 | $18.00 |
| Raise Cain | 50-1 | $102.00 |
| Derma Sotogake | 10-1 | $22.00 |
| Rocket Can | 30-1 | $62.00 |
| Cyclone Mischief | 30-1 | $62.00 |
| Mandarin Hero | 20-1 | $42.00 |
| King Russell | 50-1 | $102.00 |
How does horse race betting work?
You may be wondering how does horse race betting work if you are a novice bettor. Horse race betting in the United States and Canada is a little different than typical sports betting. Traditional wagering on the NFL, NBA, MLB and NHL operates with fixed odds.
Horse racing, on the other hand, operates as pool betting. This pool betting is called the pari-mutuel betting system. All of the bets on the Kentucky Derby will be placed together in pools. You are essentially betting against other bettors instead of betting against a sportsbook.
Derby examples of payouts
Interest in Kentucky Derby payouts was at an all-time high last year. Rich Strike pulled off an all-time upset, winning at 80-1 odds. Here were the Kentucky Derby payout figures for last year. These prices are basked on a $2 bet.
Rich Strike
- Win: $163.60
- Place: $74.20
- Show: $29.40
Epicenter
- Place: $7.40
- Show: $5.20
Zandon
- Show: $5.60
Exacta ($2 bet)
- $4,101.20
Trifecta ($1 bet)
- $14,870.70
Superfecta ($1 bet)
- $321,500.21
