Betting on the Kentucky Derby can begin as soon as the field for the race is set, which typically occurs a few days before the race. The Kentucky Derby is traditionally held on the first Saturday of May at Churchill Downs in Louisville, Kentucky.
Here are some common times when betting options become available:
1. **Morning Line Odds**: These are posted several days before the race and give bettors an early look at the odds. They are not final and can change based on the betting activity leading up to the race.
2. **Advance Betting**: Betting usually opens for the Kentucky Derby a few days before the race. This allows bettors to place wagers in advance, often through online sportsbooks or simulcast centers.
3. **On Race Day**: Betting windows at Churchill Downs and other racetracks open on the morning of the Kentucky Derby. Online and mobile betting platforms also allow for same-day betting.
4. **Post Time**: The final betting opportunity is right up until post time, which is typically around 6:30 PM Eastern Time for the Kentucky Derby.
Remember that betting laws and regulations can vary by state and country, so it’s important to ensure that you’re betting legally and within the appropriate channels. Always gamble responsibly.