Sports books could lose on Kentucky Derby
By Case Keefer, Las Vegas Sun
Sports bettors galloped over sports books in last year’s Kentucky Derby with longtime favorite American Pharoah prevailing to pay out a multitude of tickets.
Gamblers are positioned to kick dirt in the faces of bookmakers again this year in the 142nd running of the Kentucky Derby, with post time at 3:34 this afternoon from Churchill Downs in Louisville, Ky. Favorite Nyquist, much like American Pharoah, topped Wynn Las Vegas’ initial list in odds to win the Derby last September and attracted significant action for months.
Nyquist opened at 35-to-1 and trimmed to 7-to-2 before Avello closed his future book at the commencement of pari-mutuel wagering on the race after Wednesday’s post draw. Churchill Downs oddsmaker Mike Battaglia made Nyquist, who came out with the No. 13 post, the favorite at 3-to-1 on the morning line.