Most people who venture to Louisville for the Kentucky Derby do so for the festivities, not because they hope to make money. These folks are heavily influenced by the media hype surrounding the race as the on-camera “experts” expound upon the virtues of horses which have won major events leading up to the Run for the Roses.
A quick look at the past performance records of this year’s current list of runners combined with the usual media hype indicates Verrazano will be the heavy favorite. However, you should keep in mind that only four favorites have won the Kentucky Derby in the past twenty years: Big Brown in 2008, Street Sense in 2007, Smarty Jones in 2004, and Fusaichi Pegasus in 2000.
There are other horses capable of winning the Derby, and handicappers who are able to narrow the field to four or five contenders have a tremendous opportunity to make money.