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The road to the 2026 Kentucky Derby has been unfolding since last September, but the betting and general interest in horse racing focus on May and June as Triple Crown season unfolds. The Kentucky Derby 2026 gets that season underway on Saturday, May 2, at Churchill Downs. The Kentucky Derby post draw was on April 25, which is when the official 2026 Kentucky Derby field was unveiled. Bet the Kentucky Derby with the special TwinSpires offer code CBSSPORTS to receive up to $400 in bonus bets here, double what’s available to the general public:

The 2026 Kentucky Derby odds list Renegade as the 4-1 favorite, followed by Further Ado and Commandment, both at 6-1, and Chief Wallabee at 8-1. Before making any 2026 Kentucky Derby picks, be sure to see the 2026 Kentucky Derby predictions and best bets from SportsLine’s elite horse racing expert Gene Menez.

A former reporter and editor at Sports Illustrated, Menez covered an array of sports, including horse racing, for the magazine and its website for almost 14 years. Between 2010 and 2012, he served as SI’s handicapper for the Triple Crown races and correctly predicted Super Saver to win the Kentucky Derby in 2010.

In 2015, while writing for Sports on Earth, Menez accurately gave out the Kentucky Derby superfecta (American Pharoah, Firing Line, Dortmund and Frosted), which paid $1,268.20 for $2. Then in 2017, he tweeted out his Kentucky Derby picks, including Always Dreaming to win, and hit the Pick 4, which paid almost $6,900 on a $1 bet. In 2024, Menez gave out 18-1 Mystik Dan as a live longshot in the Kentucky Derby. In last year’s Kentucky Derby, he hammered the exacta and trifecta for a $1,045 payout. Anyone who has followed his horse racing betting advice could be way up.

Now, Menez has handicapped the 2026 Kentucky Derby field and revealed his picks. Go here to see them. Sign up for FanDuel Racing, where new users get $25 in bonuses with a $5 bet:

Top 2026 Kentucky Derby predictions

One of Menez’s surprising 2026 Kentucky Derby picks: He is fading the favorite, Renegade. Renegade won the 2026 Arkansas Derby on March 28 at Oaklawn Park, covering 1 1/8 miles in 1:49.7, and before that won the 2026 Sam F. Davis at Tampa Bay Downs. If we take a closer look at the 2026 Kentucky Derby odds and his full resumé, the red flags start to pile up. Before those two wins, Renegade had finished second twice, including a runner-up effort in the 2025 Remsen at Aqueduct in December. He is a late-running closer, something tough to do in the chaotic, 20-horse Kentucky Derby 2026 field.

Veteran Todd A. Pletcher trains Renegade for the Kentucky Derby 2026, but the 58-year-old Hall of Fame conditioner has not had a Derby winner since 2017. Adding to the concern is the No. 1 post, a spot that has not produced a Derby winner since Ferdinand in 1986. “As a late-running closer, he will be at the mercy of a fair pace and a clean trip and is in danger of losing massive ground if he tries to pass horses on the outside on the far turn,” Menez stated of the 2026 Kentucky Derby favorite. See who to back at SportsLine.

Another stunner: Menez is high on Chief Wallabee, even though he’s not one of the top-three favorites at 8-1. A third-place finish at the Florida Derby might not sound great for a horse hoping to win the Kentucky Derby. Chief Wallabee, however, was right behind Commandment and The Puma, posting a speed figure just one points behind those two horses.

His connections are expected to add blinkers for the Kentucky Derby in the hopes of keeping him focused down the stretch. Menez likes that adjustment and is looking for a strong run from Chief Wallabee. “If the blinkers make even a little bit of difference, then Chief Wallabee is a major player considering there’s not much difference between him and, say, Commandment,” Menez told SportsLine. See which other horses to back at SportsLine, and you can make 2026 Kentucky Derby picks at TwinSpires here with the offer code CBSSPORTS:

How to make 2026 Kentucky Derby picks, bets

Menez’s top pick is a horse who was “the big winner of the post draw.” He also is high on a double-digit longshot who is the “best value in the race.” Menez is sharing which horse it is, along with his entire projected 2026 Kentucky Derby leaderboard, over at SportsLine.

Which horse wins the Kentucky Derby 2026, and which longshot is a must-back? Check out the newest 2026 Kentucky Derby odds below, then visit SportsLine to see Menez’s picks for the Kentucky Derby, all from the expert who had a $1,045 payout at last year’s race.

2026 Kentucky Derby odds

Post Horse  Odds Projection
1 Renegade 4-1 SEE PICKS
2 Albus 30-1 SEE PICKS
3 Intrepido 50-1 SEE PICKS
4 Litmas Test 30-1 SEE PICKS
5 Right to Party 30-1 SCR
6 Commandment 6-1 SEE PICKS
7 Danon Bourbon 20-1 SEE PICKS
8 So Happy 15-1 SEE PICKS
9 The Puma 10-1 SEE PICKS
10 Wonder Dean 30-1 SEE PICKS
11 Incredibolt 20-1 SEE PICKS
12 Chief Wallabee 8-1 SEE PICKS
13 Silent Tactic 20-1 SCR
14 Potente 20-1 SEE PICKS
15 Emerging Market 15-1 SEE PICKS
16 Pavlovian 30-1 SEE PICKS
17 Six Speed 50-1 SEE PICKS
18 Further Ado 6-1 SEE PICKS
19 Golden Tempo 30-1 SEE PICKS
20 Fulleffort 20-1 SCR
21 Great White 50-1 SEE PICKS
22 Ocelli 50-1 SEE PICKS
23 Robusta 50-1 SEE PICKS