Mutuel field favored in Kentucky Derby Future Wager
Horseracing Betting Lines
02/08/2012 - Louisville, KY (Sportsbook Betting Lines) - The mutuel field, undefeated Algorithms and Union Rags are listed as the three favorites for the first Kentucky Derby Future Wager for the 2012 Run for the Roses.
The pool is comprised of 23 individual three-year-olds plus the mutuel field. Wagering for the Future Pool begins Friday at noon (et) and concludes Sunday at 6 p.m. (et).
As has been the custom the mutuel field is the early favorite at 8-5. The mutuel field includes all three-year-olds not listed in the pool.
Holy Bull Stakes winner Algorithms is the top individual three-year-old at 8-1. The colt upset 2011 champion two-year-old Hansen in the Holy Bull last month.
Union Rags is at 10-1. The colt was undefeated heading into last November's Breeders' Cup Juvenile at Churchill Downs. He finished second, a head behind Hansen. Union Rags is expected to make his 2012 debut at Gulfstream Park in the Fountain of Youth Stakes on February 26.
Hansen is 12-1 in the opening odds.
"The mutuel field has been a solid favorite in every opening pool of the Kentucky Derby Future Wager and, given the loss by two-year-old champion Hansen in his first start as a three-year-old, there is every reason to think the 'all others' bet will be a strong-to-heavy favorite in what appears to be a wide-open crop of Kentucky Derby candidates," said track handicapper Mike Battaglia. "The 'now' horse is Algorithms, who is unbeaten, comes from the Pletcher barn, has a strong pedigree and easily handled the reigning two-year- old champ in the Holy Bull. The speed figures assigned to that win were impressive, so you can expect a lot of bettors to move in his direction. But every pool has interesting Derby prospects at attractive odds, and we should remember that last year's Derby winner, Animal Kingdom, did not even appear as an individual wagering interest until Pool 3. So much can happen on the road to the Kentucky Derby."
Here is the complete list of the 24 betting interests for the first Kentucky Derby Future Wager.
Number Wagering Interest Morning line odds Final odds:
1. Algorithms 8-1
2. Alpha 20-1
3. Battle Hardened 30-1
4. Creative Cause 20-1
5. Discreet Dancer 15-1
6. Dullahan 15-1
7. El Padrino 20-1
8. Empire Way 50-1
9. Ever So Lucky 20-1
10. Fed Biz 20-1
11. Gemologist 20-1
12. Hansen 12-1
13. I'll Have Another 20-1
14. Junebugred 50-1
15. Liaison 20-1
16. Longview Drive 50-1
17. Midnight Transfer 50-1
18. Mr. Bowling 50-1
19. Out of Bounds 20-1
20. Rousing Sermon 30-1
21. Sabercat 30-1
22. Take Charge Indy 30-1
23. Union Rags 10-1
24. All Other 3YOs (field) 8-5
The remaining two Future Wagers will be held March 2-4 and March 30-April 1.
The 138th Kentucky Derby will be conducted on Saturday, May 5 at Churchill Downs.
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SPORTS BETTING
NFL Football Betting OnlineIn terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.
It is called the "pointspread."
Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.
But in modern sports betting, a "pointspread" is used.
A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.
In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.
The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .
Don't believe it? Just take a look at what happens around the Super Bowl.
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