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| Horse | Odds |
| Lookin At Lucky | +385 |
| Ice Box | +1615 |
| Nobles Promise | +1415 |
| Super Saver | +1415 |
| Line of David | +3850 |
| Stately Victor | +3850 |
| American Lion | +2550 |
| Deans Kitten | +6050 |
| Make Music For Me | +6050 |
| Paddy OPrado | +2550 |
| Devil May Care | +1615 |
| Conveyance | +1615 |
| Jackson Bend | +1415 |
| Mission Impazible | +1615 |
| Discreetly Mine | +4550 |
| Awesome Act | +1015 |
| Dublin | +1615 |
| Backtalk | +6050 |
| Homeboykris | +4550 |
| Sidneys Candy | +735 |
Betting on the Kentucky Derby Odds – or horse racing in general – can be very confusing to a newcomer. The odds are different than sports betting and it takes a bit of time to understand it. Once you have a good foundation of horse racing odds, you realize that horse racing odds – or the Kentucky Derby odds – are very easy to comprehend.
1. Understand The Prices
The prices – or odds – for the horses are really the crux of the issue. These odds are formatted in two different ways:
The first way is simple odds such as 10/1, 22/1, 47/1, etc. What this means is that on a bet of $1, you would make a profit of $10/$22/$47 in the previous examples. Keep in mind that it is a profit and not total, which means that you would get your stake back – in this case your $1 bet – plus the additional profit of $10/$22/$47.
The second way is the payout will be presented on a $2 bet. What that means is the odds listed – usually on the tote board in the middle of the track – are based on what you would profit on a $2. The reason for the $2 bet is because that is the minimum bet you can place on a horse racing bet.
So if the odds are listed as $27.00, that means that on a $2 bet, you would win $27.00. So in accordance with the first type of odds, that would mean that in this case, the odds were 13.5/1.
2. Tote Board
The tote board is the final payout board for the race. It shows the three winning horses who end up in the money, the payout for each as well as the payouts for the trifecta and exactas. Usually, the tote board is a big electronic board that is posted on the middle of the track. After the race is over, it might look something like this in the example below:
If the final order of finish was 2-5-6-7 the tote board might display the payouts as follows:
# ( Win-Place-Show)
2 5.60-3.40-2.60
5 4.80-2.40
6 2.80
7
(Alternating Exotic payouts displayed under Win-Place-Show payouts)
Exacta 2-5 21.40
Quinella 2-5 8.60
Trifecta 2-5-6 126.40
Superfecta 2-5-6-7 647.80
Win 3 7-5-2 86.40
3. Odds Are Locked In At Race Start– Not When You Bet It
For most people, this is the trickiest part of the equation.
When you place a bet on a horse, you may place the bet at 17/1 and think that you’ve got a big payday coming to you if your pony ponies up. But those odds are not locked in until the race starts.
Odds are likely to move up and down based on how much money is bet on all of the horses. Sometimes a horse can start off as a long shot and become a favorite because so much money pours in on it or conversely, sometimes a favorite will see longer odds at race time since no one is betting it.
So the odds are not locked in until the race starts. What that means is your 17/1 bet might actually decrease – say 10/1 – or increase – say 25/1 – depending on what kind of betting takes place.
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