The 2016 Kentucky Derby is still far off in the distance, so it’s unsurprising that the track’s action on Pool 1 of the KDFW was a bit slow. This may be a result of the required lull after an exhilarating season by American Pharaoh, but it’s also a testament to how dense the three-year old class is this season.
There were just over $174K in action generated on Pool 1 of the KDFW over the weekend. That’s down from $234K wagered last year at this time. The track also introduced a new futures bet – the Sire Wager – where you can bet on the pedigree of the current crop of contenders. That bet pulled in an additional $35K in wagers. Obviously, with so much time between now and the running of the 2016 Kentucky Derby, this isn’t cause for concern on anyone’s part, but you should not be ignoring the developments in Kentucky Derby Futures Wagers pools either.
Value is the name of the game when it comes to the KDFW, and other future bets of its ilk. To add a frame of reference to this discussion, American Pharaoh was a 12/1 bet when Pool 1 of the KDFW opened last season. His odds would consistently drop through the subsequent futures releases up until his race day price of 3/1 on the day of the 2015 Kentucky Derby. If you’re looking to get a way bigger bang for your buck on a certain horse, then these are the windows of opportunity you are searching for.
There are four front runners in the 2016 Kentucky Derby class already. Mohaymen dominated at the Remses over the weekend and offered 11/1 pricing in Pool 1. The current favourite is Nyquist, who won the Breeders’ Cup Juvenile at Keeneland in convincing fashion. With 9/1 odds, Nyquist didn’t yield much interest at the KDFW gate, but should pick up more steam as he continues to compete. Airoforce ended the weekend at 18/1 in Pool 1, slightly ahead of Brody’s Curse at 21/1.
The field also generated a significant amount of action at 3/5 for curious reasons.
The highest earning Sire Wager belonged to Tapit at 7/1 since he is the father of Moyahmen as well as Synchrony (96/1) and Conquest Big E (39/1). That speaks moreso to Moyahmen’s value than anything else. Nyquist’s sire, Uncle Moe, posted at 9/1 in this market.
Pool 2 for the KDFW will open over the weekend of February 12th – 14th. Pool 3 will follow a month later from March 11th – 13th and Pool 4 will open over April 1st – 3rd.