BetPhoenix (in business since 2006) offers one of the best signup bonuses for this year's Kentucky Derby, but you have to know how to capitalize off of it. 

When you bet horses, you're entitled to a 15% weekly rebate.  This means that, when you lose, you get 15% back each week.  That can prove lucrative, especially for a regular horse bettor.

But most folks who bet the horses will also bet other sports. This is where you want to be smart.

Take advantage of the 175% signup bonus, which is 175% of what you open your account with.  Deposit $500, get $875!!!!

Keep in mind there are rollover requirements and you'll need to bet with that FREE MONEY.  But that could mean you'll end up with even more just as long as you are winning.

• This promotion is for first-time deposits only.
• Valid for deposits of $501 or more.
• The maximum bonus awarded for this promotion is $2,500.
• This promotion carries a 16x rollover and a two-week hold.

A few of these promos require customers to deposit using Bitcoin.  Once you start using Bitcoin with the sportsbook, you'll never want to use any other method.  Bitcoin transactions are typically under an hour and every day of the week, including Sundays.

2025 Kentucky Derby Odds to Win

•     Gate 1: Citizen Bull (17-1)
•     Gate 2: Neoequos (57-1)
•     Gate 3: Final Gambit (17-1)
•     Gate 4: American Promise (13-1)
•     Gate 5: Admire Daytona (39-1)
•     Gate 6: Luxor Cafe (15-1)
•     Gate 7: Journalism (7-2)
•     Gate 8: Burnham Square (19-1)
•     Gate 9: Grande (19-1)
•     Gate 10: Flying Mohawk (36-1)
•     Gate 11: East Avenue (33-1)
•     Gate 12: Publisher (30-1)
•     Gate 13: Tiztastic (20-1)
•     Gate 14: Render Judgment (13-1)
•     Gate 15: Coal Battle (30-1)
•     Gate 16: Sandman (5-1)
•     Gate 17: Sovereignty (11-1)
•     Gate 18: Chunk of Gold (33-1)
•     Gate 19: Owen Almighty (44-1)
•     Gate 20: Baeza (50-1)