The stage is set at Churchill Downs for the biggest event in horseracing, the 2023 Kentucky Derby. The Kentucky Derby takes place on Saturday, May 6, and even if you can't attend the Run for the Roses in person, there are plenty of ways to have fun watching from home.

One of those ways is to bet on the event usingCaesars Sportsbook, official odds partner ofBet.NOLA.com. Caesars offers multiple ways to play along with the 2023 Kentucky Derby, all wagers via the Caesars Racebook app: win, place, show, exacta, superfecta and much more.

You must be 21 years or older and in a participating state to place bets on the 149th Run for the Roses. If you're looking to bet on the 2023 Kentucky Derby, here are the states where Caesars Racebook offers the chance to legally bet on the race:

Florida, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Minnesota, Montana, North Dakota, Ohio, Oregon, Washington and Wyoming.

Coverage for the most exciting two minutes in sports starts at 11 a.m. on NBC, streaming on Peacock. The Run for the Roses is scheduled to begin at 5:57 p.m. from Churchill Downs and it can be viewed on the same services.

Forte led by trainer Todd Pletcher is the betting favorite with 5-to-2 odds as of Thursday afternoon at Caesars.Tapit Trice (6/1),Angel of Empire (8/1),Derma Sotogake andPractical Move (both 10/1) are the only other horses with 10-to-1 odds or better to win the 2023 Kentucky Derby.

If you're looking to follow along with your bets, Caesars will stream races LIVE in HD. You can also view races and replays on-demand, and stay up to date with live shows, with the Caesars Racebook app.

New users can take advantage of Caesars' generous offer. Get started with Caesars Racebook and you'll get a 100% Deposit Match (terms apply) up to $250.

Download the Caesars Racebook app at these links for iOS and Android.

See more here:

How to bet on the 2023 Kentucky Derby using Caesars Sportsbook - NOLA.com