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Kentucky Derby Odds - Run For the Roses on May 2

Kentucky Derby odds are already available for the “Fastest Two Minutes in Sports” as 2010 Kentucky Derby wagering has begun for the May 2 “Run For the Roses.”

Kentucky Derby odds handicappers are known for annually spending several months preparing for that single Kentucky Derby wagering day. Part of the excitement of betting the Kentucky Derby odds is that it is for the biggest horse race of the year in the United States.

This year will mark the 136th running of the Kentucky Derby and it is the one time that horse racing has the full attention of the entire United States, not to mention the rest of the world as well.

The Kentucky Derby is a stakes race for three year old thoroughbred horses.  The event is held at Churchill Downs in Louisville, Kentucky which is the most famed track in America.  Betting action with the Kentucky Derby odds dwarfs the handle for nearly all other races combined in a year.

The Kentucky Derby is also the first leg of what is known as the “Triple Crown” series. The horse that beats the Kentucky Derby odds becomes the favorite to win the Triple Crown but must win the Preakness Stakes and Belmont Stakes that follow.  There has not been a Triple Crown winner since Affirmed in 1978.

There have been incredible surprises during the history of Kentucky Derby gambling, the most recent of which was last year when Mine That Bird slopped through the mud to win the traditional Blanket of Roses at 50-1 odds.

In 2005 Giacomo beat the Kentucky Derby odds at 50-1 to provide yet another shocking upset that is part of the thrill of the Kentucky Derby.

Part of the challenge and potential danger of handicapping the Kentucky Derby odds is immediately looking at the favorite.  Mine That Bird and Giacomo are reminders to all that any horse in the Kentucky Derby is of the finest quality and can win.

The handicappers that respect that and look for value over hype are usually in the winner’s circle at the end of the day.