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Meanwhile, if you have an Advance Deposit Wagering (ADW) account you can bet on the Kentucky Derby and almost any other U.S. Thoroughbred race without going to a track. Scheduled post for the Kentucky Oaks (Grade 1) at 1 1/8 miles for fillies is 5:45 p.m. Eastern on Friday. The 147th Kentucky Derby runs on Saturday, May 1st, 2021. US Racing provides the earliest Kentucky Derby Futures odds of any website. If you see a horse you would like to be added, let us know and we. Well, the Kentucky Derby is where it’s at and you can bet on it from just about anywhere on Saturday, Sept. A Betting Extravaganza Unlike Any Other. If you’d taken that same $5 and bet it on last year’s. Following the conclusion of the Breeders’ Cup, one sportsbook has set early odds for the 2021 Kentucky Derby. Authentic Wins Breeders Cup Authentic has won this year's Breeders Cup at 6-1 odds. The Kentucky Derby is set for a May 1 date in Louisville, and trainers Bob Baffert and Brad Cox have contenders Life Is Good and Essential Quality at low odds.