When are the Kentucky Derby odds released?
Las Vegas will have some early line odds of favorite Kentucky Derby horses as soon as the Breeders’ Cup World Championships conclude. These early odds are a great chance take advantage of talented horses and it’s never too early to plan your bets for racing’s big day.
Here’s how the official Kentucky Derby wagering odds will be released:
The Post Position Draw, a one-hour ceremony on the Wednesday prior to race day, will hold creation of the official 2017 Kentucky Derby odds. After the field of horses are finished drawing, the morning line odds maker will assign betting odds for each contender.
Mike Battaglia has created morning line odds for Churchill Downs since 1974. Battaglia will be on site as the traditional pill and paper drawing occurs. The mixed pills contain post positions and the mixed papers hold individual horse profiles. The post position factors into the odd maker’s final number, thus the odds maker creates the morning-line odds in real time.
The Kentucky Derby points system will play a role in odds creation. Points are assigned to Kentucky Derby prep races to aid in building a proven field. The more races run during the lead up to the Kentucky Derby, the clearer the betting picture will be. We need to see more races to get a clear picture for 2017’s wagering odds.
Before the 2013 introduction of the Road to the Kentucky Derby points system, purse earnings determined the race field. The amount of money earned through a thoroughbred’s life-time racing campaign determined eligibility. Earnings are still used as a tie breaker if horses around the 22nd position are tied in points.
Those odds will kick off a flurry of handicapping, picks and bets in the days that lead up to the Run For the Roses.
To get the most up to date racing odds, visit TwinSpires, or your favorite racing betting destination. TwinSpires.com is the official wagering partner of the Derby, and will have you covered for all of your betting needs.
KentuckyDerbyOnlineBetting will keep you posted on post times, changes in odds, and the trends leading up to the Derby.