Michigan Bettors Poised for Triple Crown Horse Race Betting Experience

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04/05/2023/
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Highlights

  • The Triple Crown horse racing event is set to begin in May with the Kentucky Derby.
  • Betting on horse racing has been legal in Michigan since 1933, with an amendment introduced in 2019 to allow for online betting.
  • Michigan bettors can enjoy bonuses to bet on top horse racing betting apps like FanDuel and TVG.

On May 5, the Kentucky Derby will take place at the famous Churchill Downs racecourse in Louisville. The popular racing event is the first in a sequence of the Triple Crown of Thoroughbred Racing competition. NBC will air the breathtaking race live with many horse racing lovers around the country tuning in to watch. Featuring some of the best three-year-old Thoroughbreds, this year’s edition will be the 149th running of the Kentucky Derby.

Michigan bettors will be looking to bet on horses at the race. This guide will show you all you need to know about the upcoming Triple Crown races.

Morning line Odds for the Kentucky Derby Released

Ahead of the actual race on Saturday, May 3, bettors can get morning line odds for all horses taking part in the Derby to help decide their wagers. Morning lines are odds set by the track’s handicapper as soon as the race program is released and before bettors place any wagers. These odds aim to predict the final odds of every horse but not the winner.

All horses are arranged according to the post numbers, and you can find their corresponding odds. The numbers shown on the odds usually reveal how much profit bettors can get on their investment. For instance, an odd reflecting as 10-1 implies that for every $1 wager, the bettor will get $10 profit.

Forte, a colt trained by Todd Pletcher, is currently favorite to win the Kentucky Derby. The horse recorded wins in its last five races and revealed opening odds of 3-1. Other potential winners are Tapit Trice, another horse trained by Pletcher, coming at 5-1 morning line odds. At 8-1 odds is Angel of Empire, trained by Brad Cox.

Here’s a full list of the horses, their post position and morning line odds.

PostHorseMorning Line Odds
1Hit Show30-1
2Verifying15-1
3Two Phil's12-1
4Confidence Game20-1
5Tapit Trice5-1
6Kingsbarns12-1
7Reincarnate50-1
8Mage15-1
9Skinner20-1
10Practical Move10-1
11Disarm30-1
12Jace's Road15-1
13Sun Thunder50-1
14Angel of Empire8-1
15Forte3-1
16Raise Cain50-1
17Derma Sotogake10-1
18Rocket Can30-1
19Lord Miles30-1
20Continuar50-1
21 (AE)Cyclone Mischief30-1
22 (AE)Mandarin Hero20-1
23 (AE)King Russell50-1

How Michiganders Can Bet on the Kentucky Derby

The Derby is scheduled to start at about 6:57pm on May 6. NBC will air the event live while non-cable TV viewers can stream the race on Peacock anytime from 12pm. There are many options for horse race betting in the Great Lakes State, but you might have to look beyond Michigan online sportsbooks.

Many operators now have racing apps for parimutuel betting. This simply means that the odds are not fixed, and the morning line odds may not be odds attached to each runner at the start of the race. That said, one of the best operators for horse race betting is FanDuel. Good enough, you can access the racing platform from the general FanDuel Sportsbook MI app.

FanDuel is the only app available in Michigan that allows a shared wallet with your sportsbook and racing accounts. Other apps include TVG, Xpress Bet, TwinSpires and NYRA Bets. DK Horse, one of the most popular parimutuel horse race betting apps and a subsidiary of DraftKings, is not available in Michigan yet. 

FanDuel Racing No Sweat $20 Kentucky Bet Bonus

If you’re interested in betting on the FanDuel app, then you might just be in for a big surprise reward. FanDuel racing opens its platforms for betting on the morning of Friday, May 5. Starting from that period, you can get a no sweat bet reward, up to $20.

All you have to do is simply place a win bet on any of the runners at the Kentucky Derby. Wager amount should not exceed $20. If you don’t win, you’ll get back your wager as a Racing Bonus Bet. This bonus is credited to your account within 24 hours after the race. It expires on June 12 and is non-refundable.

Visit FanDuel Sportsbook to get started with easy deposits, fast withdrawals and a truckload of betting options for you

Jessica is a news contributor to Gamble Online Michigan. She holds a Bachelor's degree in Economics but has over three years of experience working in the hospitality and gambling industry. Despite her core finance and investment banking background, she has been a casino feature writer for N1 Interactive Limited and multiple gambling affiliate sites. Her work has been featured on the bet365 blog, casino.zone and Max Force Racing. She spends her time between Michigan and California, staying up-to-date on the latest industry developments