The Kentucky Derby is supposed to be a difficult race to handicap, with a field of up to 20 horses, contested at an unfamiliar distance (1 1/4 miles) to still maturing 3-year-olds. In the 1970s, favorites won six of 10 Derbys, but that was followed by a 20-year drought without the top betting choice taking the Run for the Roses. Fusaichi Pegasus snapped that upset streak in 2000, and a handful of favorites including Smarty Jones (2004), Street Sense (2007) and Big Brown (2008) fulfilled expectations. But since 2013, the post-time...

Source: Wall Street Journal May 04, 2019 11:52 UTC