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How to Bet on the 2026 Kentucky Derby with FanDuel

See How to bet on the 2026 Kentucky Derby with FanDuel racing and claim some epic promos in time for the Big Race.

Oliver Leonard - May 2, 2026, 8:00 AM EDT

5 Minute Read

How to Bet on the 2026 Kentucky Derby with FanDuel

The 2026 Kentucky Derby returns to Churchill Downs on Saturday, May 2, marking the 152nd running of the most iconic race in American horse racing.

Known as “The Most Exciting Two Minutes in Sports,” the Derby draws millions of viewers, massive betting interest, and a full weekend of racing action across the Kentucky Oaks, undercard races, and Derby Day itself.

If you’re planning to bet on the Kentucky Derby with FanDuel, you can - but it’s important to understand which FanDuel platform you need to use. FanDuel operates two separate products:

  • FanDuel Racing → used for all horse racing bets, including the Kentucky Derby
  • FanDuel Sportsbook → used for traditional sports betting (NBA, MLB, NFL, etc.)

Both platforms share a single FanDuel account and wallet in eligible states, but Derby wagers must be placed through FanDuel Racing, not the sportsbook.

FanDuel also offers two different welcome bonuses, and Derby bettors can take advantage of both:

  • FanDuel Racing: Bet $5, Get $25 Racing Bonus
  • FanDuel Sportsbook: Bet $5, Get $250 in Bonus Bets (if your bet wins) CLICK HERE to sign up today.

Below is your complete guide to betting the Kentucky Derby with FanDuel, including promos, states, odds, and how to watch the race.

FanDuel Sportsbook Promo Code: Bet $5, Get $250 (If Your Bet Wins)

If you want the highest‑value FanDuel bonus, the Sportsbook offer is the better choice - even though it cannot be used directly on the Derby.

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Deposit at least $5.

Step Three: Wager $5 on any market.

Step Four: If your wager wins FanDuel issues $250 in Bonus Bets.

FanDuel Racing Welcome Offer: Bet $5, Get $25 Back in Racing Bonus

If you’re signing up specifically to bet the Kentucky Derby, FanDuel Racing offers a racing‑focused welcome bonus:

  • Bet $5, Get $25 Back in Racing Bonus
  • Available to new FanDuel Racing customers
  • Bonus applies to horse racing only

2026 Kentucky Derby Odds

See below the latest FanDuel odds for the 2026 Kentucky Derby.

  1. Renegade: 5-1
  2. Albus: 51-1
  3. Intrepido: 60-1
  4. Litmus Test: 38-1
  5. Right to Party: 30-1
  6. Commandment: 7-1
  7. Danon Bourbon: 14-1
  8. So Happy: 6-1
  9. The Puma: 7-1
  10. Wonder Dean: 20-1
  11. Incredibolt: 36-1
  12. Chief Wallabee: 13-1
  13. Potente: 26-1
  14. Emerging Market: 12-1
  15. Pavlovian: 50-1
  16. Six Speed: 45-1
  17. Further Ado: 6-1
  18. Golden Tempo: 43-1
  19. Great White: 41-1
  20. Ocelli: 99-1

Where Is FanDuel Racing Legal?

FanDuel Racing is available in 30+ states, including:

  • Arizona
  • Colorado
  • Connecticut
  • Iowa
  • Illinois
  • Indiana
  • Kentucky
  • Louisiana
  • Massachusetts
  • Michigan
  • New York
  • Ohio
  • Pennsylvania
  • Virginia
  • West Virginia
  • Wyoming

How to Bet on the 2026 Kentucky Derby with FanDuel

FanDuel Racing offers full pari‑mutuel wagering, meaning you can place the same types of bets offered at Churchill Downs.

1. Win, Place, Show

  • Win: Your horse must finish 1st
  • Place: Your horse must finish 1st or 2nd
  • Show: Your horse must finish 1st, 2nd, or 3rd

These are the simplest Derby bets.

2. Exotic Bets

Higher‑payout wagers that require predicting multiple horses:

  • Exacta: Pick the top two finishers in order
  • Trifecta: Pick the top three in order
  • Superfecta: Pick the top four in order

FanDuel Racing allows boxed and keyed versions of these bets.

3. Multi‑Race Bets

Derby Day includes a full undercard, and FanDuel Racing supports:

  • Daily Double
  • Pick 3
  • Pick 4
  • Pick 5
  • Pick 6

These can offer massive payouts.

4. Live Betting & Streaming

FanDuel Racing provides:

  • Live odds
  • Race replays
  • Streaming coverage
  • Full Derby Day wagering menu

How to Watch the 2026 Kentucky Derby

You can watch the Kentucky Derby through:

  • NBC
  • FanDuel TV
  • NBC Sports App

FanDuel $250 Promo Code Terms & Conditions

If you or someone you know has a gambling problem, Call 1-800-GAMBLER. 21+ and present in AR.

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