Check out the latest betting odds for the 2015 Kentucky Derby. 

By SI Wire
April 27, 2015

American Pharoah is a 9-4 favorite as the 2015 Kentucky Derby approaches, according to Bovada's latest odds.

The 141st Kentucky Derby will be run on Saturday at Churchill Downs in Louisville, Ky. Post positions will be announced on Wednesday. With all prep races finished, the Kentucky Derby 20-horse field is set, barring anyone backing out.

Last year's winner, California Chrome, entered the race as the favorite at 5-2. Last week, American Pharoah was given 2-1 odds to win the race.

Here are the complete odds, as of Wednesday, from Bovada.

American Pharoah 9-4
Dortmund 9-2
Carpe Diem 7-1
Materiality 12-1
Mubtaahij 14-1
Frosted 18-1
Firing Line 18-1
International Star 18-1
Upstart 22-1
El Kabeir 33-1
Itsaknockout 33-1
Far Right 33-1
Bolo 40-1
Danzig Moon 40-1
Mr Z 40-1​
Ocho Ocho Ocho 40-1
Keen Ice 50-1
War Story 50-1
Stanford 66/1
Tencendur 66/1

GALLERY: CELEBRITIES AT THE KENTUCKY DERBY

American Pharoah completes final pre-Kentucky Derby workout

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