Local Event Sports Association

The 2012 Kentucky Derby features one of the most talented fields Churchill Downs has ever seen, and with so many options to choose from, these are the smart bets for the 138th running of the event.

This year's race is not quite as wide open as last year's Kentucky Derby, when literally any horse could win. However, roughly a dozen horses have a true chance to win the first leg of the Triple Crown in 2012.

Bodemeister and Gemologist topped my power rankings of every horse in the field, but they are not the only horses worth betting on. In fact, neither of them makes this list because the odds for them are unfavorable compared to the chances of other horses winning.

This list is for the top horses worth betting on, based on current odds compared to actual chances of placing in the top three.

Because this year's field is so talented, the door is open for many horses, but the odds don't reflect that. These are the smartest moves for your money during the 2012 Kentucky Derby based on a good chance to show and a favorable line...

Read Complete Article at Bleacher Report - Sports & Society
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