The FanDuel Kentucky Derby promo features a $20 “No Sweat” bet on the horse race. Everyone is eligible for this promotion at FanDuel Racing even if you don’t have an account yet.
The 149th Kentucky Derby takes place today at Churchill Downs in Louisville, Kentucky. The official start time for the race is at 6:57 PM ET. Forte is the Kentucky Derby odds favorite for the event.
FanDuel Kentucky Derby promo information
Whether you already have a FanDuel Racing account or you are yet to make one, everyone is eligible for the promotional bet. To redeem it, wager up to $20 on a horse to win the Derby. If your horse doesn’t win, you will receive your stake back up to $20 as a bonus bet. You can then use that bet to wager on the other two Triple Crown races: the Belmont Stakes and Preakness Stakes.
Only your first such bet is eligible for this promotion. If your bet loses, FanDuel will issue the refund within 24 hours. You can sign up via the link on this page and redeem this promotion.
Note: If you signed up through the FanDuel Sportsbook app, you are eligible to receive the $20 no sweat Derby bet in addition to the “bet $5, get $150” promotion that the sportsbook offers. However, unlike the FanDuel Racing platform, you must be a new user to redeem the FanDuel Sportsbook promotion.
How to watch the Kentucky Derby
The official race of the 2023 Kentucky Derby will start at 6:57 PM ET at Churchill Downs. It’s available on local NBC affiliates or by streaming the event on Peacock. Complete coverage of the Kentucky Derby begins at 12:00 PM ET on NBC and Peacock with other races taking place throughout the day.
Things to know about FanDuel Racing
One of the main differences between betting on horses and betting on traditional sports is that the odds are pari-mutuel. This means they do not lock once you bet.
In comparison, fixed-odds wagers that lock whatever the odds are as soon as you place the bet. Pari-mutuel odds will shift based on how the public is betting. If you place a wager on a horse at a certain value, this value is subject to change depending on the market. The potential payout is not set until wagering closes.
This FanDuel Racing promotion is only available to those who are 21 or older. The offer is not available to those under 21 even in states where the minimum horse betting age is 18.