Hiram Moreno
May has arrived, and with it comes one of the most anticipated horse racing events in the United States. We’re talking about the Kentucky Derby 2023, the first of three races that make up the Triple Crown.
As tradition dictates, the event will be held on the first Saturday in May, and this year the date is May 6th. As usual, Churchill Downs in Louisville, Kentucky will be the venue that receives not only some of the best thoroughbreds in the nation, but also thousands of fans who come to witness the two most exciting minutes in sports.
The Kentucky Derby not only provides prestige due to its status in the world of horse racing, but also offers substantial prizes to be awarded. As always, at JefeBet, we’re ready to tell you all about the amounts that will go into the pockets of those who perform the best in this race.
Updated Purse and Prize Money Breakdown for the Kentucky Derby Race on May 6 2023
It’s worth mentioning that the Kentucky Derby offers the highest prize for any horse racing competition, with a total of $3,000,000 up for grabs. However, out of the 20 participants in the race, only the top five will go home with full pockets – and one of them with a trophy, of course.
But the money earned in the event won’t go to just one individual: it’s most commonly divided among the horse owner, trainer, and jockey in percentages of 80%, 10%, and 10%, respectively.
It’s worth noting that the total prize money for the Kentucky Derby has remained at $3 million since 2019, although it’s expected to increase in future editions.
Without further ado, here’s how the prize money will be distributed in the 2023 Kentucky Derby.
| Position | Owner | Trainer | Rider | Prize in total |
| 1 | $1,488,000 | $186,000 | $186,000 | $1,860,000 |
| 2 | $480,000 | $60,000 | $60,000 | $600,000 |
| 3 | $240,000 | $30,000 | $30,000 | $300,000 |
| 4 | $120,000 | $15,000 | $15,000 | $150,000 |
| 5 | $72,000 | $9,000 | $9,000 | $90,000 |
Looking for additional fun facts and trivia about the Kentucky Derby 2023? Check these out:
- This will be the 149th edition of the Kentucky Derby, and it will take place just before the highly anticipated 150th anniversary of the race.
- Since its inception in 1875, the event has been held every year without interruption—despite World Wars and pandemics.
- In the past, it used to be a much more exclusive tournament, with only three horses participating from 1892 to 1905.
- Alonzo Clayton and James Perkins share the record as the youngest jockeys (15 years old) to win the Derby (in 1892 and 1895, respectively), while the oldest is Bill Shoemaker, who crossed the finish line first in 1986 at 54 years old.
- The record-breaking victory in the competition belongs to Secretariat, whose triumph in 1:59.40 minutes in 1973 remains unbeaten to this day.
Looking to bet on the Kentucky Derby 2023? Look no further! Register with one of the following sportsbooks and receive an instant free bonus to start betting right away.
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