Updated Kentucky Derby odds: One bettor has now put $2.4 million on Essential Quality
The 147th Kentucky Derby is scheduled to go to post at 6:57 p.m. Saturday at Churchill Downs in Louisville, and official betting on the race began Friday.
As of 6 p.m. Saturday, Essential Quality was still the favorite. His odds are a little longer from the morning-line price of 2-1 despite a series of massive wagers placed by Houston furniture magnate Jim McIngvale, who has now bet a total of $2.4 million to win on the gray colt. His first bet Friday — a $500,000 wager — briefly sent Essential Quality’s odds to 3-5, according to Churchill Downs.
Essential Quality is now 5-2 on the Churchill board, followed by Rock Your World at 5-1 and Hot Rod Charlie at 5-1.
McIngvale announced earlier this week that he would bet between $2 million and $4 million on Essential Quality. As of 6 p.m. — if you didn’t count his bets — the same amount of win money would have been wagered on Essential Quality and Rock Your World. And there’s still plenty of wagering to come with the race an hour away.
Here’s a look at the updated odds for the Kentucky Derby.
(Note: King Fury was scratched from the race Friday afternoon).
Updated Kentucky Derby odds
As of 6 p.m. Saturday, with more than $30 million in the win pool ...
1. Known Agenda — 11-1
2. Like the King — 46-1
3. Brooklyn Strong — 40-1
4. Keepmeinmind — 45-1
5. Sainthood — 39-1
6. O Besos — 38-1
7. Mandaloun — 28-1
8. Medina Spirit — 12-1
9. Hot Rod Charlie — 5-1
10. Midnight Bourbon — 12-1
11. Dynamic One — 42-1
12. Helium — 35-1
13. Hidden Stash — 35-1
14. Essential Quality — 5-2
15. Rock Your World — 5-1
16. King Fury — SCRATCHED
17. Highly Motivated — 11-1
18. Super Stock — 33-1
19. Soup and Sandwich — 24-1
20. Bourbonic — 28-1
Check out the chart below for jockey and trainer information, along with each contender’s morning-line odds before the betting began.
This story was originally published April 30, 2021 at 7:04 PM.
