Horse Racing

Preakness Odds: Bodemeister Favorite

He didn’t win the Kentucky Derby, but he’s still the favorite as the Triple Crown’s second jewel is contested Saturday in the Preakness Stakes.

*Editor Note: For 2013 Preakness Stakes odds and betting previews, click here

Bodemeister ran very well but was nipped as the wire by I’ll Have Another, who is the second betting choice to have another jewel in the Triple Crown by late Saturday.

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Preakness Stakes Prop Bets

The Preakness Stakes odds suggest Saturday's race could be a two-horse sprint, but savvy horse bettors know there is much more value at the racebook than simply betting Bodemeister or I'll Have Another to win.

Online racebooks treat these Triple Crown races like mini Super Bowls, with tons of hype and tons of horse racing prop bets.

Shops such as Bovada offer horse matchups, allowing you bet on horse vs horse instead of picking one of the 11 horses to win outright.

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Kentucky Derby Picks 2012

If you’re a casual horse racing fan, you will probably be guessing when you bet on the Kentucky Derby today.

Why not spend a few extra bucks to get the handicapping knowledge of one of America’s best and most trusted horse men, a guy who nailed the last two Derby winners.

“Not a lot of people had Animal Kingdom last year or Super Saver the year before at 21/1 longshot odds, but Mike Dempsey did,” said Jack Randall. “We use his picks here daily and when he’s not nailing winners, he’s hitting trifectas and just making you money any way he can.”

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Kentucky Derby Prop Bets

The Kentucky Derby is very much like the Super Bowl – weeks of hype draw in a huge audience of hard-core bettors and casual fans.

And just like the Super Bowl, having a single bet on the Kentucky Derby odds menu just seems wrong. Oddsmakers make sure there is plenty to bet on, even after you have placed your bet on which horse will win.

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Kentucky Derby Matchups

Betting on which horse will win the Kentucky Derby is just one of countless wagers you can make during the Run for the Roses each year.

And one of the most popular online racebook betting options is head to head Derby matchups.

Picking the winner from the field of 20 is a daunting task and sometimes the payout is not great on the favorites. But matchups offer tons of action and allow bettors to choose among two horses to see which one finishes higher.

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Kentucky Oaks Odds: Grace Hall Favored

Grace Hall is the morning line favorite on Kentucky Oaks betting menus, but many horse players are focused on local favorite for the best value as the ladies run one day ahead of the Kentucky Derby.

On Fire Baby is listed at 4/1 odds, just behind the favorite at 5/2, according to the racebook odds at Bovada.

She won the Pocahontas and Golden Rod at Churchill Downs last fall and also won her most recent outing (the Honeybee at Oaklawn Park).

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Bodemeister Climbs Kentucky Derby Odds

Three weeks ago, he was an afterthought - a 30/1 longshot on the Kentucky Derby odds futures list.

Today, Bodemeister is 5/1 and a likely candidate to be the morning line favorite on the first Saturday in May.

Bodemeister destroyed a good field in the Arkansas Derby, winning by nearly 10 lengths.

But he still sits behind Union Rags for the current shortest Derby odds (who is 9/2 despite struggling in his last outing).

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Union Rags Derby odds hold steady

Maybe this will be looked upon as the race where bettors got some great horse betting value on the Kentucky Derby.

Because after looking dominant and moving up to 4/1 Kentucky Derby odds at most racebooks, Union Rags ran third in the Florida Derby.

It broke his aura of invincibility and injected some betting value into the Derby futures list. But he remained the early favorite at 7/2 odds as racebooks respect his resume and realize he was pinned down in his Florida Derby loss.

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Breeders Cup Morning Line Odds

The world championship of horse racing is underway at historic Churchill Downs and the full list of Breeders Cup morning line odds are up for wagering.

Uncle Mo and Havre de Grace remain neck and neck in the betting for the Breeders Cup Classic, which brings with it a $5 million purse.

Ruler on Ice, Ice Box, Headache and Rattlesnake Bridge are the Classic longshots at 30/1 each, although you may find the odds even longer at online racebook Bovada today.

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Say Uncle: Breeders Cup Classic Odds

Uncle Mo had been an early Kentucky Derby favorite but he was scratched and never challenged for the Triple Crown.

That was then and now he is expected to be a morning line favorite in the Breeders’ Cup Classic odds menu when the marquee race goes off Saturday.

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