The Kentucky Derby

I'll Have Another, The Kentucky Derby, And The Market For Odds
May 07, 2012

At the 138th Kentucky Derby yesterday, “I’ll Have Another” outmatched the favorite, “Bodemeister,” for a victory by 1½ lengths. If you bet on him, you were in luck: As the Washington Post notes, I’ll Have Another faced 15-1 odds at racetime. Now, a few of you might bristle at the notion that picking a winner against the odds is merely “luck.” Can research shed any light on the dynamics of odds and wagers? You bet it can! (OK, sorry.) But seriously: According to a 2008 study, the horse wagering market operates pretty efficiently.

David Thomson on Films: Should Horses Be Sacrificed For Art?
March 20, 2012

In every way it is regrettable—that three horses have died in the making of Luck over a period of twelve weeks; and that the slowly developing series is going to be cut off, not exactly in its prime, but with glimpses of that glow in the distance.

The Kentucky Derby: Can You Beat the Odds?
April 26, 2011

The 137th Kentucky Derby will be run on May 7th in Churchill Downs, Kentucky. The twenty-horse field is considered relatively wide-open this year, with Uncle Mo still the favorite, but only at 3-1 after coming down with a gastrointestinal infection and losing at the Wood Memorial earlier this month. Regardless of who wins, though, organizers expect attendees will uphold the twin traditions of outrageous hats and copious consumption of mint juleps.