Katherine TerrellApr 30, 2026, 11:00 AM ETCloseKatherine Terrell came back to ESPN to cover the New Orleans Saints in the summer of 2022. She left the company in 2019 after joining in 2016 to cover the Cincinnati Bengals. Katherine is a graduate of LSU and a Baton Rouge, Louisiana, native, and she has covered the NFL since 2013.Follow on XMultiple Authors
The 152nd running of the Kentucky Derby will offer a betting angle for everyone when the race begins at 6:57 p.m. E.T. on Saturday.
Fans that want a feel-good story have a number of options. Cherie DeVaux will attempt to become the first female trainer to win the Kentucky Derby with Golden Tempo. Mike Smith, 59, is trying to become the oldest jockey to win the race. Smith, who has the mount on So Happy, won in 2005 with Giacomo and 2018 with Triple Crown winner Justify.
Riley Mott, 33, will try to beat his father Bill Mott, who won the Derby last year with Sovereignty and is attempting a back-to-back with Chief Wallabee. The younger Mott has entered Albus and Incredibolt.
Can favored Renegade win from the No. 1 post, which hasn’t produced a winner since Ferdinand in 1986? Can Danon Bourbon, Wonder Dean and Six Speed, who have never raced in the United States, break the trend of non-winners? Of the 18 horses who have raced exclusively outside of the U.S. prior to the Derby, only Forever Young hit the board in 2024.
Here’s our guide to this year’s Kentucky Derby: all the top storylines, betting angles and what you might have missed in the year since the last Run for the Roses.
The Kentucky Derby, Belmont and Preakness were won by two different horses last year. Sovereignty beat Journalism by a length in last year’s Derby, skipped the Preakness (which was won by Journalism) and came back to win the Belmont Stakes, which was hosted at Saratoga last summer due to renovations at Belmont Park. Journalism finished second again in the Belmont.
Both horses are still in training and made their 4-year-old debuts in the Oaklawn Handicap at Oaklawn Park on April 18. White Abarrio, the 7-year-old winner of the Pegasus World Cup last year, beat them both, with Sovereignty finishing in front of Journalism by a head for second place. White Abarrio was a 2022 Kentucky Derby contender, who finished 16th in that race.
Baeza, the third-place finisher in the Kentucky Derby last year, also remains in training and will make his 4-year-old debut in the Alysheba Stakes at Churchill Downs on Friday. Baeza’s trainer John Shirreffs died at 80 in February, and Baeza will now be trained by Bill Mott, who trained Baeza’s dam, Puka.
The Belmont Stakes will be run at Saratoga again for the third straight season, with plans to return to Belmont Park in 2027.
Trainer Mark Glatt has his first Derby entrant at 53 with So Happy. So Happy, who was initially sold at auction for $12,000 (and later sold again for $150,000), was bred by 94-year-old Leverett Miller. Smith, who is often listed as 60 but has told reporters that he is 59, will ride him in his record-29th Derby mount.
But while So Happy’s connections are a feel-good story, it comes with an undercurrent of sadness, as Glatt will attempt to win his first Derby without his wife Dena, who died in February.
One angle to consider is running style — some horses prefer to run in the front, some are comfortable mid-pack and others are closers, who trail the leaders early and make a big run late.
There are pros and cons to each running style. A horse who runs too fast up front might tire itself out by the end of the race. A closer might run into traffic or not be able to run down the winner if the leaders are running an easy pace at the front. Mine that Bird, a 50-1 longshot, is the last horse who pulled off the “last to first” feat in 2009 due to a rail-saving trip by jockey Calvin Borel.
In the last five runnings of the Kentucky Derby, no horse has officially led wire-to-wire (War Emblem and Authentic have been the only ones to do this since 2002) and no horse has trailed from last but rallied to win.
A jockey’s decisions can certainly make or break a race in a crowded field. Borel’s ground-saving trip got Mine the Bird the win in 2009, while former jockey Gary Stevens has blamed himself for moving too soon on Point Given in 2001, causing the heavy favorite to fade to fifth while Monarchos won the second-fastest Derby of all time.
Of the jockeys in the Kentucky Derby, Flavien Prat leads with more than $15 million in purse money won in 2026, while Irad Ortiz. Jr and his brother Jose Ortiz led in number of wins this year. Prat has won the Eclipse Award for best jockey two years in a row, Irad Oritz has won the award five times since 2018 and Jose won in 2017.
Irad Ortiz won Derby prep races on four different horses (Commandment, Further Ado, Fulleffort and Renegade) and ultimately chose Renegade. Ortiz has ridden for Pletcher in the Kentucky Derby before, but has yet to win.
Jaime Torres rides both Albus and Incredibolt for Riley Mott and will ride Incredibolt, whom he has ridden in every one of his races.
Hector Berrios has ridden Intrepido in his past five starts and stays on him Saturday, while Mike Smith has been on So Happy for every start. Junior Alvarado has been on Chief Wallabee in all three of his starts and Jose Ortiz will ride Golden Tempo for the fifth time.
Martin Garcia will ride Litmus Test for the first time, and Luis Saez will ride Commandment for the first time.
There will be a lot of money bet on Renegade, but the No. 1 post has been notoriously difficult in the modern era. With so many horses to choose from, he’s not at the top of my bets.
Further Ado’s 11-length win in the Bluegrass was extremely impressive, although some might feel it could take too much out of him before the Kentucky Derby. I disagree, and think he might be the best horse in the race. The Puma and Commandment are two other horses I consider top tier in this race.
In my betting chart I tried to toss horses I don’t think have a shot at winning, and come up with a second tier of horses who have a chance to win or hit the board. This group includes Renegade, Danon Bourbon, So Happy, Incredible, Chief Wallabee, Emerging Market and Golden Tempo.
Don’t worry if it sounds confusing — it is to a lot of new horse bettors — but if you’re looking to dive in, here are some bets I would make.
Exacta Option 2 (Unboxed): Further Ado // Commandment, the Puma, Renegade, Incredibolt, Chief Wallabee
(When you see “//” it means “over” in horse-betting lingo, which is how you put one or more horses “on top” of others.)
Sovereignty, a closer, was in 16th place a half-mile into the race and led the pack down the stretch. Mystik Dan, a stalker, was closer to the pace in 2024, racing in sixth a half-mile into the race and in first after a mile. Mage was in 16th place a half-mile into the race in 2023 and rallied to pass the leader at the end. Rich Strike, an 80-1 shot who drew into the race late, benefited from a fast early pace from the leader and closed from 18th a half-mile into the race to pull out a shocking win over favored Epicenter in 2022. In 2021, Medina Spirit, who was later disqualified due to a positive drug test, led wire-to-wire in a win that was eventually given to Mandaloun.
One option is to pick one to three horses who you like and put them on top of several bets. For example, I like Further Ado, so I could place him on top of bets in exactas and trifectas, put another group of horses in the second-place position, and a third group of horses to potentially come in third. Or box a group of horses in exactas so that you win the bet regardless of what order they finish; if it’s boxed either one can come in first or second but you double your price. The more horses you add, the more money you’re risking, sometimes to the point where you can “win” and still lose money.
Katherine TerrellApr 30, 2026, 11:00 AM ETCloseKatherine Terrell came back to ESPN to cover the New Orleans Saints in the summer of 2022. She left the company in 2019 after joining in 2016 to cover the Cincinnati Bengals. Katherine is a graduate of LSU and a Baton Rouge, Louisiana, native, and she has covered the NFL since 2013.Follow on XMultiple Authors
CloseKatherine Terrell came back to ESPN to cover the New Orleans Saints in the summer of 2022. She left the company in 2019 after joining in 2016 to cover the Cincinnati Bengals. Katherine is a graduate of LSU and a Baton Rouge, Louisiana, native, and she has covered the NFL since 2013.Follow on X
The most common colors of Derby winners are bay (58) and chestnut (50). The most common birthplace of winners is Kentucky (117), while only six Japanese-bred horses have entered the race, with one third-place finish (Forever Young in 2024).
Trainer Brad Cox will enter two horses in the Derby (Commandment and Further Ado; Fulleffort was scratched), but entering multiple horses doesn’t translate to a sure win. Of the 32 instances of a trainer entering at least three horses (and as many as five), only four won (D Wayne Lukas in 1995 with Thunder Gulch and in 1996 with Grindstone and Todd Pletcher with Super Saver in 2010 and Always Dreaming in 2017.
No horse has ever won from the No. 17 post out of 46 starters, while 10.4% of winners have come from the No. 5 post from 96 starters, the most recent being Always Dreaming in 2017. Post positions with a big drought are the No. 1 post, the No. 2 post (Affirmed in 1978 was the last winner), the No. 9 post (Riva Ridge was the last winner in 1972), the No. 12 post (Canonero II last won in 1971) and the No. 14 post (Carry Back last won in 1961).
(Editor’s Note: This article has been edited to reflect scratches since original publication)
Prat won the Florida Derby on Commandment but is riding long shot Emerging Market in the Derby.
Trifecta: Further Ado, Commandment, The Puma // Further Ado, Commandment, The Puma, Renegade, Incredibolt, Chief Wallabee // Renegade, Incredibolt, Chief Wallabee, Danon Bourbon, So Happy, Emerging Market, Golden Tempo
The last horse bred outside North America to win the race was Tomy Lee in 1959.