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Kentucky Derby 2012: Watch The 138th Annual Derby Action Live Online

The 138th Annual Kentucky Derby at Churchill Downs gets underway this afternoon and if you aren't fortunate enough to watch the race live in person or somehow unable to get in front of a TV and watch the action as it unfolds, never fear. SBNation has you covered.

The Kentucky Derby live stream will be presented online by NBC Sports, in addition to their televised coverage. That coverage is scheduled to begin at 4PM EST on NBC, with the official post time for the race scheduled for approximately 6:24PM EST. At this time all of the contenders will be lined up and ready to go out of the gates.

For more updates on the 2012 Kentucky Derby, stay tuned to this StoryStream and SB Nation DC. For all the latest news from around horse racing, head on over to SB Nation's very own horse racing blog, And Down The Stretch They Come