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Kentucky Derby odds are released during the Post Position Draw, a one-hour ceremony that determines starting positions. The Post Position Draw takes place on the Wednesday preceding the Kentucky Derby, which is held on the first Saturday in May. TwinSpires bettors know that we are the home for Kentucky Derby wagering - and these race odds being released are truly one of the most exciting pieces the Kentucky Derby wagering process.

Churchill Downs also offers up to four installments of the Kentucky Derby Future Wager (KDFW) in the months leading up to the race. A November KDFW was introduced in 2013, and the remaining three are typically scheduled during February, March and April surrounding the important prep races.

Mike Battaglia, Churchill Downs’ odds maker since 1974, is responsible for both the Kentucky Derby and KDFW morning line odds. He reveals odds for the main event shortly after post positions are drawn.

KentuckyDerby.com streams the Post Position Draw ceremony and the event has been televised nationally on NBCSN and local affiliates.

A full field of 20 can be expected every year for America’s most famous race and the Kentucky Derby offers the potential for great returns – the maximum number of betting interests in other U.S. races is 14. Only four horses went off at less than 10-1 odds in the 2015 Kentucky Derby.

TwinSpires.com serves as the official wagering site of the Kentucky Derby, offering legal and safe online betting for its customers.