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The biggest horse race of the year is here.

The 2025 Kentucky Derby begins at 6:57 p.m. ET for the 151st iteration of the Run for the Roses.

No. 8 Journalism is the favorite horse to win amid a stacked field of competitors. The weather at Churchill Downs is dicey, with rain in the forecast for much of the afternoon.

Follow the Post’s live updates for the latest Kentucky Derby news, odds, and predictions with up-to-the-second coverage.

2025 Kentucky Derby payouts

By Michael Leboff

Sovereignty is the 2025 Kentucky Derby Champion. Ridden by Junior Alvarado, Sovereignty went off with odds of 7-1.

The exacta, which requires bettors to correctly pick the first and second-place horses, paid out $48.32 on a $2 punt. Journalism, the 3-1 favorite, finished second.

The trifecta, which only wins if you correctly pick the horses that finish first, second, and third, paid out $115.56 on a $0.50 wager. No. 21 Baeza, who was an also-eligible, finished third.

The superfecta, which goes one step further and requires you to correctly pick the horses who finished first, second, third, and fourth, paid out $1,682.27 on a $1 bet. No. 3 Final Gambit finished fourth.

Sovereignty wins the 2025 Kentucky Derby

By Michael Leboff

Sovereignty, who went off with 7-1 odds, won the 2025 Kentucky Derby.

No. 8 Journalism, the 3-1 favorite, finished second, just ahead of No. 21 Baeza and No. 3 Final Gambit.

Sovereignty was the third-favorite at the start of the race.

Journalism's price shortens as we approach post time

By Michael Leboff

As expected, No. 8 Journalism continues to take money as we get closer to post time for the 2025 Kentucky Derby.

After being installed as the 3-1 favorite on the morning line, Journalism's price drifted a touch to 4-1 during the week.

Those odds held for most of Derby Day, but money has piled in on the favorite and caused his price to come down to 7-2.

No. 17 Sandman (5-1) remains the second-favorite, just ahead of No. 7 Luxor Cafe (8-1), and No. 18 Sovereignty (9-1).

Horses to use in your exactas and trifectas

By Michael Leboff

The 2025 Kentucky Derby takes place on Saturday, May 3, at Churchill Downs in Louisville. 

No. 8 Journalism (7-2) is the clear favorite and will almost certainly go off as the chalk when it comes time to sound the bugle on Saturday evening. 

Not only is Journalism coming into the Run for the Roses on a four-race winning streak at three different tracks culminating with the Santa Anita Derby on April 5, but he also drew well in the No. 8 post position. 

It’s tough to poke holes in Journalism’s résumé, but this is a 20-horse field featuring the best 3-year-olds in the world. There is always the potential for chaos with this setup.

One way to take advantage of the expected chaos is to build a handful of exotics (exactas, trifectas, and superfectas) with long shots. 

Here are some horses to consider – either with or without Journalism – to juice up the price on your Kentucky Derby exotics.

Churchill Downs, the home of the Kentucky Derby.
Churchill Downs, the home of the Kentucky Derby. Getty Images

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Long shots to bet at the Kentucky Derby

By Michael Leboff

Not only is the Kentucky Derby one of the best sporting events on the calendar, but it’s also an incredible betting opportunity.

The last six Kentucky Derby winners (including Medina Spirit who was disqualified months after winning the 2021 iteration of the race) have gone off with average odds of 33/1 and two of the champions, Country House and Rich Strike, boasted post-time odds over 60/1.

Last year’s winner, Mystik Dan, took home the prize at an unfancied price of 18/1, giving us a third winner in as many years above 15/1.

There is a reason that long shots do well at the Kentucky Derby. It’s a race made for chaos.

Check out our favorite long shots at the 2025 Run for the Roses.

Baeza trains at Churchill Downs ahead of Kentucky Derby Day.
Baeza trains at Churchill Downs ahead of Kentucky Derby Day. Getty Images

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The wildest fact about the 151st Kentucky Derby

By Michael Leboff

The craziest stat I’ve seen about this year’s Kentucky Derby is that every single horse in this year’s race is a descendant of Secretariat.

— Joe Pompliano (@JoePompliano) May 3, 2025

Updated odds: Journalism holding as favorite as Kentucky Derby approaches

By Michael Leboff

We are just about 100 minutes away from the 151st running of the Kentucky Derby and No. 8 Journalism is holding as the favorite.

After being installed as the 3-1 chalk on the morning line, Journalism's odds have drifted a tad to 4-1, but he remains at the top of the board as we get closer to post-time.

No. 17 Sandman (5-1) and No. 7 Luxor Cafe (8-1) are the only other horses with single-digit odds.

One price to keep an eye on is No. 21 Baeza (17-1), an also-eligible who drew into the field after two horses scratched during the week.

There are plenty of savvy horseplayers who believe that Baeza is a threat to not only outrun his long odds but win the race outright.

Complete Kentucky Derby betting guide

By Vic Cangialosi

The Post has you covered with a complete look at all the horses in the 150th Kentucky Derby.

Starting with the favorite Journalism (3-1).

Jockey: Umberto Rispoli

Trainer: Michael McCarthy

Current form: Has won four straight and gets better with every start. Overcame some early trouble to win the Santa Anita Derby after defeating Rodrigez in the five-horse San Felipe.

Worth a wager: Top form. Top fig (102). Top pick? The horse to beat will be tough to hold off if he gets clear. We will try. Putting the favorite third.

Journalism works out on Friday in preparation for Saturday's 151st Kentucky Derby.
Journalism works out on Friday in preparation for Saturday's 151st Kentucky Derby. Getty Images

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