: Kentucky Derby total prize money, betting odds and everything else to know about the biggest event in horse racing

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The 148th Kentucky Derby will take place on Saturday in Louisville, Ky., and the anticipation is growing.

The Kentucky Derby is known as the premier event in horse racing, as it comes with high payouts for the winner, huge fan interest and perhaps most important, famously flamboyant outfits and hats from its attendees.

Here’s everything to know about the 2022 Kentucky Derby:

When is the Kentucky Derby?

The Derby will begin Saturday, May 7, at 6:57 p.m. ET

What channel is the Kentucky Derby on?

The Comcast
CMCSA,
-0.95%

-owned NBC will host the broadcast, which can also be streamed on the company’s streaming platform Peacock. Additionally, NBC can be found on cord-cutting streaming services including SlingTV, Fubo
FUBO,
-8.42%

and YouTubeTV.

Where is the Kentucky Derby?

The race takes place at the Churchill Downs complex in Louisville, Ky. 

What are the Kentucky Derby post positions?

Below are the post positions for the race, followed by each horse’s betting odds to win the Derby:

1) Mo Donegal, +1000

2) Happy Jack, +3000

3) Epicenter, +350

4) Summer is Tomorrow, +3000

5) Smile Happy, +2000

6) Messier, +800

7) Crown Pride, +2000

8) Charge It, +2000

9) Tiz The Bomb, +30000

10) Zandon, +300

11) Pioneer of Medina, +3000

12) Taiba, +1200

13) Simplification, +2000

14) Barber Road, +3000

15) White Abarrio, +1000

16) Cyberknife, +2000

17) Classic Causeway, +3000

18) Tawny Port, +3000

19) Zozos, +2000

20) Ethereal Road, +3000

A “+” in gambling indicates an underdog. For example, a $100 bet placed on a +300 choice would net a $300 profit, in addition to getting back the original $100.

As you can see, Zandon and Epicenter are the two favorites to win the 148th Kentucky Derby, according to odds from DraftKings
DKNG,
-3.37%

Sportsbook.

It’s important to see if legal sports betting is available in your state before trying to place any bets. Thirty U.S. states plus Washington, D.C. offer some form of legalized sports betting, according to the latest tally from the American Gaming Association.

Over $300 million was wagered on the 2021 Kentucky Derby, according to a Courier Journal report.

Who won the Kentucky Derby in 2021?

Medina Spirit was the winner of last year’s race, but was later disqualified after the horse failed a post-race drug test. The test failure led to the horse’s trainer, Bob Baffert, to be suspended for two years from entering horses at Churchill Downs.

With Medina Spirit’s win vacated, second-place finisher Mandaloun was awarded first place.

Unfortunately, Medina Spirit died later in 2021 after the horse collapsed after a workout — the cause of death was unclear, according to reports.

How much does the winner of the Kentucky Derby get?

The total purse for the race is $3 million, and that money is allotted based on where a horse finishes.

1) $1.86 million

2) $600,000

3) $300,000

4) $150,000

5) $90,000

The winning jockey receives 10% of that prize, according to the Washington Post.

See also: Here’s how much the 2022 NFL draft picks will earn on their rookie contracts

How long is the Kentucky Derby?

The race will be run at its normal 1.25 miles around the track.

How much are Kentucky Derby tickets?

Prices for Kentucky Derby tickets range from $99 to $7,994, according to TicketSmarter. The average price of a ticket is $1,117. 

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