A Bright Future
POSTED Feb 7, 2014
By
Derek Simon
Ask a veteran race goer what he thinks of Kentucky Derby future
pool wagering and I suspect the response will be decidedly negative — like his response
to losing a close photo finish… or to a “newbie” hemming and hawing at the
betting window… or to a person wishing him a cheery “good morning.” (A lot of veteran
race goers are kind of grumpy.)
They are also wrong in regard to the pari-mutuel Derby future bets offered by Churchill Downs through
various wagering hubs, including TwinSpires.
The reason most players view future wagering in the same
way they would regard a flaming bag on their porch is because of the
uncertainty that such wagers inherently carry with them. After all, one is not
only betting that a horse will be pointed for — and draw into — a particular
race (in this case, the Kentucky Derby), one is also throwing down cash on the
horse to win said race. And if Robert
Burns was correct about the best-laid plans of mice and men often going astray,
imagine the pandemonium resulting from the best-laid plans of men and
racehorses.
Simply put, there is value to be had in these pools. Case
in point: Since the inception of the pari-mutuel future wager in 1999, betting
the “field” in each pool has produced a cumulative net return of $5.08 per $2
wagered — that’s a return on investment of 154 percent. And, in fact, Pool 2
has offered the greatest ROI (in excess of 200 percent) on field horses (those
not listed individually).
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So with that in mind, let’s take a look at a few of this
year’s top contenders and possible sleepers:
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COMMENTS: This
colt has shown a lot of talent… on turf. But will that translate to dirt? I’m a
little cynical. Plus, I fear that the price will be on the short side, thanks
to the big reputation Ken and Sarah Ramsey’s homebred has.
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COMMENTS: Distance
may be a factor, but the son of Pioneerof The Nile (second in the 2009 Kentucky
Derby) has made all the right moves so far.
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COMMENTS: I
like this guy — a lot. Not only has he shown vast improvement from his debut on
Aug. 17, but I love the fact that he
makes his move on the turn. That is a potent Kentucky Derby angle (witness
Animal Kingdom).
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COMMENTS: This
dude shows a ton of early foot — maybe too much early foot — but I do like the
attempt to rate in the Breeders’ Cup Juvenile.
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COMMENTS: Right
now, his reputation exceeds his ability.
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COMMENTS: I
suspect this horse might need some of Floyd
Landis’ beer to get a mile and a quarter on the first Saturday in May.
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COMMENTS: Son
of Distorted Humor is going to have to show that he can come off the pace and
win, but nothing — at least at this point — indicates that he can’t.
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COMMENTS: I
have a ton of confidence in Bob Baffert when it comes to developing Derby
stock, but Midnight Hawk looks like an underlay in this pool.
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COMMENTS: The
missed training has me very concerned, especially since the explanation for it
has been, to quote the old beer commercial, “less filling.”
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COMMENTS: Given
the fast pace, the colt’s performance in the BC Juvenile can be excused, but
nothing else grabs me by the throat at this point. He looks like a Pool 2
underlay to me.
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COMMENTS: Another
one that needs to learn how to rate, but if he does…
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The author suggests that when you suika game ask a veteran racegoer about Kentucky Derby future pool wagering, their response would likely be negative.
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