Why you won't find Kentucky Derby bets on prediction platforms

The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you're looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you're out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything from sports outcomes to geopolitical events to reality TV show moments, but not horse racing . …