Can I Bet the Kentucky Derby on the Fanduel App From Tennessee?

Written by:
Mary Montgomery
Published on:
May/03/2023

You can bet this year's Kentucky Derby from Tennessee using the FanDuel app without having to open a separate account.  Just keep in mind that the FanDuel app in Tennessee is required to withhold 10 percent of your winnings, plus you will pay a tax on top of this.  If you win $200, you'll actually end up with $180, then subtract the tax from that.  BetOnline offers an excellent alternativeBetOnline will NOT hold that 10 percent.  In fact, BetOnline gives you 9 percent in daily rebates. 18 and up are welcome.

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FanDuel is Required to Report Your Winnings

There is some good news in that Tennessee does not have a state tax. On top of the 10 percent FanDuel automatically withholds, you will also be required to pay 25% in federal taxes.

2023 Kentucky Derby Odds

1     Hit Show     30-1
2     Verifying     15-1
3     Two Phil's     12-1
4     Confidence Game     20-1
5     Tapit Trice     5-1
6     Kingsbarns     12-1
7     Reincarnate     50-1
8     Mage     15-1
9     Skinner     20-1
10     Practical Move     10-1
11     Disarm     30-1
12     Jace's Road     15-1
13     Sun Thunder     50-1
14     Angel of Empire     8-1
15     Forte     3-1
16     Raise Cain     50-1
17     Derma Sotogake     10-1
18     Rocket Can     30-1
19     Lord Miles     30-1
20     Continuar     50-1

Find Live Odds Here at BetOnline

Any Tracks I Can Bet The Kentucky Derby From in Tennessee?

The only thing close to horse racing in Tennessee is the Iroquois Steeplechase, which is a full day of racing at Percy Warner Park in Nashville, TN.  TwinSpires is one of few sites that offers betting on the Iroquois Steeplechase. 

- Mary Montgomery, Gambling911.com

Horse Racing News

Kentucky Derby Preps Betting Previews for 2024

You don’t just saunter into the starting gate at the Kentucky Derby. You have to earn your way in with solid performances (and points) in prep races. The last three major “prelims” ahead of Derby 150 at Churchill Downs all go this Saturday afternoon.

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