Betting guide for the 144th Kentucky Derby

Bolt d'Oro, who finished in second behind Justify at the Santa Anita Derby in April, enters as a favorite at the Kentucky Derby. Andy Lyons/Getty Images

The Kentucky Derby is one of the year's biggest handicapping events. Whether you are there for the party or you're an avid horse player, everyone is searching for a winner. Here are some of my thoughts from a betting perspective as the 2018 Derby approaches.

All odds courtesy of kentuckyderby.com, as of May 1.

The field

1. Firenze Fire (Paco Lopez/Jason Servis) -- 50-1

I was happy to cash tickets on him as a 2-year-old at double-digit odds in both the Sanford and Champagne, but his 3-year-old form leaves a lot to be desired, and the rail draw means he's got to be either first or last out of the gate. I'm glad a throw-out entry drew the rail so a real contender didn't get stuck there. Firenze Fire is not even worth using underneath.