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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 alternative. BetOnline will NOT hold that 10 percent. In fact, BetOnline gives you 9 percent in daily rebates. 18 and up are welcome.
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
