2012 Kentucky Derby Odds: Early odds on the 138th Derby

2012 Kentucky Derby Odds: Early odds on the 138th Derby Just a few weeks away from the start of the most popular horse racing event in the USA, the 2012 Kentucky Derby, and the sportsbooks are in full force posting odds and prop bets on the Run for the Roses. We have looked for the best Kentucky Derby odds and this year they are offered by the Bovada Racebook (formerly Bodog), thus we will refer to their Kentucky Derby odds from now on.

As many of the experienced bettors know, taking advantage of the early odds is a great way to lock in some amazing returns, granted you end up being the winner. It's also a pretty good gauge of the top contenders of the 138th run of the Kentucky Derby. And according to the odds makers, it will likely be a three-horse race this time around. As posted at the racebook, just three Kentucky Derby contenders are holding odds in the single digits, the rest paying on 10/1 or better. Union Rags (the current favorite), Gemologist and Hansen are currently the top three horses to win the 2012 Kentucky Derby , according to the betting odds. Here is the full list of the top contenders and their 2012 Kentucky Derby odds:

UNION RAGS - 7/2
GEMOLOGIST - 7/1
HANSEN - 8/1
CREATIVE CAUSE - 10/1
EL PADRINO - 10/1
I'LL HAVE ANOTHER - 10/1
ALPHA - 12/1
TAKE CHARGE INDY - 12/1
SECRET CIRCLE - 15/1
BODEMEISTER - 20/1
WENT THE DAY WELL - 20/1
DADDY NOSE BEST - 24/1

As you can see, even the Kentucky Derby favorite, Union Rags, is paying on great early odds of 7/2, i.e. $700 for every $200 wagered on the horse. Gemologist with 7/1 and Hansen with 8/1 odds are even a better bet, as far as the return of the investment is concerned. Overall a great list of 2012 Kentucky Derby early betting odds, presenting a great opportunity for the early bettor to place some wagers with a serious return. Stay with us as we will preview the top three contenders for the 138th Kentucky Derby and keep tabs on the movement of the odds in the weeks and days leading to the start of the famous horse race.

Published on 04/14/2012