As of my knowledge cutoff date in early 2023, the Kentucky Derby is held annually on the first Saturday of May at Churchill Downs in Louisville, Kentucky. If today’s date is before the first Saturday of May, then betting on the Kentucky Derby would not yet be possible because the event has not occurred.

However, if today’s date is on or after the first Saturday of May, then the Kentucky Derby has already taken place, and traditional betting opportunities for the race would no longer be available.

That being said, if you’re looking to bet on the Kentucky Derby, here are some general steps you would follow prior to the race:

1. **Check the Date**: Confirm that the race is upcoming.

2. **Choose a Betting Platform**: Decide if you will bet in-person at Churchill Downs, through an off-track betting (OTB) facility, or online via a legal sports betting website or app.

3. **Understand the Types of Bets**: Learn about the different types of bets you can place, such as win, place, show, exacta, trifecta, superfecta, etc.

4. **Research**: Study the horses, jockeys, trainers, and odds to make an informed decision.

5. **Place Your Bet**: Follow the platform’s instructions to place your bet.

Please note that the legal age for gambling varies by jurisdiction, and the laws regarding sports betting can be complex. Always ensure that you are betting legally and responsibly. If today is not the day of the Kentucky Derby, keep an eye on the calendar and the race’s official channels for information on how to bet when the time comes.

By XE88