<a href="/fantasy/games/" class="">See All CBS Sports Fantasy Games</a> <br> Play Now <br> <a href="https://picks.cbssports.com/college-basketball/ncaa-tournament/bracket" class="">Men's Brackets</a> <br> Play Now <br> <a href="https://picks.cbssports.com/college-basketball/ncaaw-tournament/bracket" class="">Women's Brackets</a> <br> <a href="/podcasts/the-early-edge-a-daily-sportsline-betting-podcast/" class="">A Daily SportsLine Betting Podcast</a> <br> <a href="/podcasts/fantasy-football-today-podcast/" class="">NFL Draft recap</a> <br>The Kentucky Derby is here. The first Saturday in May always brings out some of the biggest celebrities from across the globe, and this year is no different as people have descended upon Churchill Downs in Louisville, Kentucky for the 150th Run for the Roses. The infield is packed to the gills and the grandstand is buzzing with anticipation for this annual spectacle to get underway.<br>There's a pair of horses considered the favorites as we inch closer to post time on Saturday. Fierceness is the slight favorite at 5/2 and set to start out of the No. 16 gate. He's followed closely by Sierra Leone, who is around 3-1 and set to depart from the No. 3 gate. There's also some celebrity crossover in this year's race with former Philadelphia Phillies outfielder a minority owner of Dornoch, who will leave out of the No. 1 stall and sits at around 20-1.<br>There were some concerns about the weather as of Friday afternoon, but the latest forecast looks great for post time with a minuscule chance of rain expected around race time.<br><strong><em>Who wins the 2024 Kentucky Derby, and how can our 2024 Kentucky Derby cheat sheets make you a better horse racing handicapper?</em><a href="https://www.sportsline.com/insiders/2024-kentucky-derby-cheat-sheet-racing-form-past-performances-connections-for-150th-run-for-the-roses/?ttag=SL24_agg_cbssports_jodykentuckyderbycheatsheet" target="_blank" rel="noopener"><em> Visit SportsLine to see Jody Demling's Kentucky Derby picks</em></a><em> and see all the intel on the 2024 Kentucky Derby field with our 2024 Kentucky Derby cheat sheet and past performance.</em></strong><br>Follow this page for all the live updates, results and much more from horse racing's best day of the year.<br><strong>Date: </strong>Saturday, May 4<br><strong>Post time: </strong>6:57 p.m. ET<br><strong>Location: </strong>Churchill Downs -- Louisville, Kentucky<br><strong>TV: </strong>NBC | <strong>Stream: </strong>fuboTV (<a href="https://www.fubo.tv/stream/sports/?irad=368998&irmp=416484&utm_source=CBSi_GeneralSports&utm_campaign=CBSi" target="_blank" rel="nofollow noopener">try for free</a>)<br>"This is the biggest event in all of sports, I'd say. It's a little chaotic. It's a little hectic."<br>Former MLB All-Star and 2008 World Series champion Jayson Werth shared his thoughts during the walk-over as he gets set to watch his horse, Dornoch, run the 150th Kentucky Derby.<br>The Rich Strike effect continues. Since Rich Strike won the Kentucky Derby at 80-1 odds two years ago, becoming the second biggest longshot to win the race, longshots have been bet hard in the Triple Crown races, and that remains the case today. With less than 50 minutes left until the Derby, no horse is greater than 46-1 on the toteboard (Endlessly, Grand Mo the First and T O Password). <br><br>As a result, the odds on the favorites offer value. Favorite Fierceness is 3-1 (up from a 5-2 morning line), and second choice Sierra Leone is 9-2 (up from 3-1). <br>With under an hour left until race time, the anticipation is building at Churchill Downs. For those hoping to get some skin in the game, there is still time. Before you do place any wagers, <a href="https://www.sportsline.com/insiders/2024-kentucky-derby-cheat-sheet-racing-form-past-performances-connections-for-150th-run-for-the-roses/" target="_blank" rel="noopener">head over to SportsLine for expert analysis from Jody Demling</a>, who has nailed the Derby-Oaks double 10 of the last 15 years.<br>The 150th Kentucky Derby is now about an hour away, and the win odds on favorite Fierceness remains at 7-2. He originally was 5-2 on the morning line. Blue Grass Stakes winner Sierra Leone is the 9-2 second choice (up from 3-1), while undefeated Japan-bred Forever Young is the 6-1 third choice.<br><br>There's much more time to place wagers, but more than $40 million already has been bet into the pool, meaning the odds may change a little but not drastically.<br>The journey to the Triple Crown will start today for one horse. There hasn't been a Triple Crown winner since Justify won all three legs in 2018. Last year's Kentucky Derby winner, Mage, ended its Triple Crown bid with a third-place finish at the Preakness Stakes.<br>Here is a recap of every Triple Crown winner throughout history:<br>Sir Barton (1919)<br>Gallant Fox (1930)<br>Omaha (1935)<br>War Admiral (1937)<br>Whirlaway (1941)<br>Count Fleet (1943)<br>Assault (1946)<br>Citation (1948)<br>Secretariat (1973)<br>Seattle Slew (1977)<br>Affirmed (1978)<br>American Pharoah (2015)<br>Justify (2018)<br>The purse for the 2024 Kentucky Derby is fit for a 150th anniversary. This year's pursue has reached a guaranteed $5 million, which is a record for the event and up from $3 million, which is where it had been since 2019. The winner will receive a whopping $3.1 million sum, but the rest of the horses that place in the money will get nice consolation prizes.<br><strong>Purse Breakdown</strong><br>1st place: $3,100,000<br>2nd place: $1,000,000<br>3rd place: $500,000<br>4th place: $250,000<br>5th place: $150,000<br>Two-time WNBA champion and four-time Olympic gold medalist Lisa Leslie made her way down the red carpet at Churchill Downs earlier today. Like some of the other notable athletes in attendance, Leslie sported an all-white look. While most patrons opt for more flashy hats, Leslie says she had a good reason to keep her headwear toned down.<br> <br>© 2004-2024 CBS Interactive. All Rights Reserved.<br>CBS Sports is a registered trademark of CBS Broadcasting Inc. 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