2025 Kentucky Derby Payouts: Win, Place, Show Results

The 2025 Kentucky Derby is in the books! Sovereignty outlasted 3-1 favorite Journalism to win this year's race at historic Churchill Downs with a time of 2:02.31. View the payouts and win, place, and show results below.

Sovereignty's run for the roses 🌹pic.twitter.com/tNfPxUDFfp

— Covers (@Covers) May 3, 2025

Bet on horse racing now!

Even after the Kentucky Derby is finished, the horse racing action does not stop. You can bet on races every day at FanDuel Racing in the U.S. and at bet365 in Canada. These racebooks will also soon be posting Preakness Stakes odds, as well as Belmont Stakes odds.

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Kentucky Derby payouts

Kentucky Derby payouts have been made available. Find the official race results from Churchill Downs below. The Kentucky Derby payout figures include win, place, show, Exacta, Trifecta and Superfecta numbers.

• First Place: Sovereignty 7-1 odds (Win: $17.96, Place: $7.50, Show: $5.58,)
• Second Place: Journalism 3-1 odds (Place: $4.94, Show: $3.70)
• Third Place: Baeza 13-1 odds (Show: $8.38)

Here are payouts for exotic bets.

• $2.00 Exacta (18-8, $48.32)
• $1.00 Trifecta (18-8-21, $231.12)
• $1.00 Superfecta (18-8-21-3, $1,682.27)

Here is what each means. 

• Kentucky Derby win: If you bet on a horse to win and the horse finishes in first place.
• Kentucky Derby place: If you bet on a horse to finish in the Top 2. If the horse wins the race or the horse finishes in second, you win the bet.
• Kentucky Derby show: If you bet on a horse to finish in the Top 3. If the horse wins the race, finishes second or finishes third, you win the bet.
• Kentucky Derby Exacta: An exacta bet is when you bet on a specific horse to finish first and a specific horse to finish second. To win, the horses must finish in that exact order.
• Kentucky Derby Trifecta: A trifecta is like an exacta bet except with one extra leg. You must correctly pick the order in which the Top 3 horses cross the finish line.
• Kentucky Derby Superfecta: A superfecta is along the same lines as an Exacta and Trifecta except you must hit the Top 4 horses in correct order.

Obviously with those exotic Kentucky Derby bets (Exacta, Trifecta, Superfecta), the bigger the odds and the bigger the payouts will be the more legs you add. 
Here is what Kentucky Derby payouts look like for a standard $2 win bet. These are approximate payout figures.

• 1-5 odds: $2.40
• 2-5 odds: $2.80
• 1-2 odds: $3.00
• 3-5 odds: $3.20
• 4-5 odds: $3.60
• 1-1 odds: $4.00
• 6-5 odds: $4.40
• 7-5 odds: $4.80
• 3-2 odds: $5.00
• 8-5 odds: $5.20
• 9-5 odds: $5.60
• 2-1 odds: $6.00
• 5-2 odds: $7.00
• 3-1 odds: $8.00
• 7-2 odds: $9.00
• 4-1 odds: $10.00
• 9-2 odds: $11.00
• 5-1 odds: $12.00
• 6-1 odds: $14.00
• 7-1 odds: $16.00
• 8-1 odds: $18.00
• 9-1 odds: $20.00
• 10-1 odds: $22.00
• 15-1 odds: $32.00
• 20-1 odds: $42.00
• 30-1 odds: $62.00
• 50-1 odds: $102.00

Kentucky Derby betting resources

• Kentucky Derby Win, Place, Show predictions
• Kentucky Derby AI predictions
• Kentucky Derby post positions
• How to bet on the Kentucky Derby

Parimutuel betting

Novice Kentucky Derby bettors might be a bit confused by the odds they see. This is because horse racing betting odds are “parimutuel odds.” 

Traditional sports betting sites use fixed odds, where you bet against the house. When it comes to betting on Kentucky Derby horse racing and parimutuel odds, you are betting against fellow bettors in a pool.

Parimutuel odds fluctuate right up until the start of the race. So, they are not fixed. In horse racing betting, payouts are based on the total amount bet on each outcome. So other people’s bets will help determine the payout of your bet.

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