Sports BIT: Kentucky Derby Is A Must Bet This Weekend

Teddy Covers

Friday, May 6, 2016 5:00 PM UTC

Friday, May. 6, 2016 5:00 PM UTC

Pauly & Teddy have a special treat for horseracing fans this Friday, as well as something to say about the MLB, and a Free NBA Pick for your consideration, so join us, have fun and profit!

Many sports bettors got their feet wet in the sports betting world with horse racing wagers; guys that grew up around the race track. Neither Pauly nor Teddy is one of those guys, so for a Deep Dive Kentucky Derby preview, they went to a horse racing expert from Las Vegas, Brian Blessing. 

In Pauly’s ‘Five Great Minutes’ interview with Blessing, they thoroughly analyze the field for the Derby, looking for strong ‘bet-on’ horses as well as ‘value’ plays on live longshots. Blessing’s opinion is that the betting markets tend to overreact to the starting post position, something that the elite trainers and jockeys can overcome. Blessing didn’t see much value on the favorite, Nyquist, instead, throwing his support behind a Baffert horse, Mor Spirit, currently sitting at 12:1. Blessing also talked about why Suddenbreakingnews is a much better fit for the Belmont than the Derby, a ‘bet-on’ horse down the road.

Teddy’s story about Derby betting is worth mentioning here as well. Teddy is no horse racing expert by any stretch of the imagination, but he’s got plenty of friends and colleague in Vegas who bet the horses on a regular basis. The Kentucky Derby is the single most popular race of the year to bet on, and for at least a decade after Teddy moved to Las Vegas, he would bet the tips that he got from those friends and colleagues – having a strong network of bettors to share information with is a valuable commodity.

So every year, Teddy would put a few bucks on the Derby, supporting the horses that his network recommended. And every year – every SINGLE year – Teddy lost his wagers, flushing money down the drain. With a 20 horse field, Teddy’s opinion is very clear – wagering on this horse race is for entertainment purposes only, not a situation where bettors should be tying up any significant percentage of their bankroll, even for experts. That being said, there’s no better entertainment for a sports bettor than cashing a winning  sports pick. Check out all of Blessing’s thoughts, Teddy’s opinions and Pauly’s takes on the full show right here.

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